The report from the Federal Housing Finance Agency also shows that the trend is growing. Also, car prices that shot up drastically during the pandemic are starting to come down … just a bit. Then, we check in on the “care economy” and discuss what can help it.

From the BBC World Service: Hong Kong’s reputation as a haven for stability and profitability has been undermined in recent years by the pandemic and a crackdown against anti-government protesters. So can U.S. banks be persuaded to invest in the territory? Plus, authorities have now locked down a wider area around the world’s largest iPhone factory in China. And, can synthetic hair be made in a more sustainable way?

We get a little into the size and scope of trying to enact a profits tax on oil companies. David Kelly of J.P. Morgan joins us for market discussion. The New York pay transparency law went into effect today, and we look at its potential impact on gender and wage gaps. A pair of propositions on sports betting will soon be facing California voters. 

A federal judge has blocked Penguin Random House from buying up rival Simon & Schuster, which counts as a win in the Biden administration’s battle against industry consolidation. Also, Tower Records might not be a huge thing in the U.S. these days, but it’s emerged as a culture beacon in Japan.

From the BBC World Service: Unverified social media posts reportedly indicate a committee of some kind is being formed to discuss how to end the world’s strictest COVID-19 mitigation measures in China. That’s sent stocks in Hang Seng and Shanghai surging. Plus, truck drivers in Brazil who support outgoing President Jair Bolsonaro have been blocking major roadways to protest his defeat, prompting concerns for food supply chains and the economy. And, what hosting the soccer world cup could mean for Qatar’s economy.

Many economists believe the gathering of Fed policymakers is an omen of another interest rate hike to fight inflation. Over in Europe, inflation’s growth has led to some very real cost-of-living horror, as the BBC reports. Then, we check in on some school districts in Texas that have shape-shifted their schedules into a four-day work week.

Russia has suspended a deal allowing Ukrainian grain exports out of the Black Sea. The debate over sick days has jammed up negotiations between unions and the railroad industry. Federal aid will become accessible to homeless hurricane victims.

From the BBC World Service: While Russia pulled out of a deal allowing Ukrainian grain exports to safely leave the country, the U.N. says a dozen ships left Ukraine on Monday. So far, the grain deal has allowed almost 10 million tons to leave Ukraine since July. Plus, Brazil’s president-elect Lula da Silva pledges to tackle poverty, again. And, the English pumpkin farmer whose business is booming this Halloween.

One big question: Will it become a looser place for content? We talk with Lauren Hirsch of the New York Times about Musk’s potential next steps. Christopher Low of FHN Financial discusses consumer spending. Then, we dive into tax-related boycotts in a Texas county with reporter Andrew Schneider of Houston Public Media.