Aug 29, 2017

08/29/2017: How compassion can pay off

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North Korea filed a missile over Japan today, rattling markets in Asia, Europe and the U.S. The U.S. dollar is often seen as a safe haven during international incidents, but it's the euro that's actually up this morning. We'll talk to the BBC's Andrew Walker about the rising strength of this currency. Afterwards, we'll look at how the federal government got involved in the business of flood insurance, and then discuss the economic benefits of compassion. 

Segments From this episode

Can compassion have economic benefits?

Aug 29, 2017
Louisville, Kentucky, is providing compassion training in public schools and the city’s jail.
Louisville, Kentucky declared itself a “compassionate city,” by signing onto an international compassion charter in 2011.  Louisville’s mayor, Greg Fischer, is a former businessman who lists making his city more compassionate as one of his top goals.
Jeff Gentner / Getty Images

Harvey adds to the mounting debt of federal disaster aid

Aug 29, 2017
As the devastation continues to mount in Texas, so does the heavy debt owed by the National Flood Insurance Program. The program, which is managed by FEMA, already borrowed nearly $25 billion, most of it to cover claims from Hurricane Katrina and Superstorm Sandy. The program was supposed to effectively manage the cost of flood […]

Houston plans aid for medically fragile as Harvey pounds on

Aug 29, 2017
As Harvey continues to pummel Houston, the city is using call lists and maps to help community health workers keep in touch with thousands of people. Some are in wheelchairs, others may need oxygen, ventilators or other medical devices that rely on electricity. Click the audio player above to hear the full story. Stories You […]

08/29/2017: Why investors are pulling billions out of mutual and exchange-traded funds

Aug 29, 2017
Mutual and exchange-traded funds focused on U.S. stocks are seeing billions of dollars flow out. Are investors just happy about the money they've already made, or are they noticing something in the underlying U.S economy? Macropolicy Perspective's Julia Coronado is here to explain what could be going on. Afterwards, we'll chat with energy fellow Ed Hirs from the University of Houston about Texas' refineries, and then talk about the FDA's decision to crack down on companies peddling fraudulent stem cell treatments.

FDA to crack down on clinics illegally offering stem cell treatments

Aug 29, 2017
Some clinics claim to use stem cells to treat diseases like Alzheimer's and Parkinson's.
Stem cells, like these viewed at the University of Connecticut`s Stem Cell Institute, help repair injured tissues in the body.
Spencer Platt/Getty Images

North Korea filed a missile over Japan today, rattling markets in Asia, Europe and the U.S. The U.S. dollar is often seen as a safe haven during international incidents, but it’s the euro that’s actually up this morning. We’ll talk to the BBC’s Andrew Walker about the rising strength of this currency. Afterwards, we’ll look at how the federal government got involved in the business of flood insurance, and then discuss the economic benefits of compassion. 

The team

Stephen Ryan Producer, BBC