It’s Rishi Sunak, who will be the U.K.’s third leader in seven weeks. Julia Coronado of MacroPolicy Perspectives kicks off the week with a look into the markets. The BBC reports on the state of China’s GDP. Then, Erik Gordon of the University of Michigan discusses Pfizer’s plan to crank up the price of its COVID vaccine. 

First, the IRS is allowing for bigger contributions to your retirement account. The U.S. might restrict China’s tech access even more. Given that many people are celebrating “Sober October,” we look into the resurgence of the non-alcoholic drink industry.

From the BBC World Service: Britain’s former finance minister, Rishi Sunak, is now the firm favorite to become leader of the U.K. after former prime minister Boris Johnson pulled out of the race. Plus, sharp declines in Chinese stocks after weaker economic data and changes in China’s political leadership. And, life in Ukraine under power restrictions.

First, the Biden student loan forgiveness plan passes a couple of legal tests. Then, Chris Low of FHN Financial offers up market insight. The BBC looks at how inflation has affected preparations for Diwali.

One of those wins involved the Supreme Court. Community college students returning to campus are encountering a host of transportation issues. Missing snow crabs near Alaska have local industries concerned.

From the BBC World Service: E.U. leaders have agreed to a “road map” aimed at putting in place measures within weeks to shield European consumers from soaring energy prices. But after hours of wrangling, there’s been no decision on whether to declare a cap on the price that the E.U. is prepared to pay for gas. Meanwhile, the U.K. looks ahead to the appointment of a new Prime Minister within days after the resignation of Liz Truss, but what’s the view from business? And, how is inflation affecting preparations for Diwali?

Liz Truss, the U.K. prime minister, announced her resignation today. The BBC checks in. Diane Swonk, who has stuck with us for much longer, discusses market activity. Then, in France, biogas plants are turning waste into energy.

A New Orleans appeals court panel takes issue with funding for the Consumer Financial Protection Bureau. We unpack the situation, starting with a reminder of what that bureau actually is. Also, we hear about the fun stuff people are doing now that they don’t have a time-consuming, soul-injuring commute to work every day. Then, we check beyond the numbers on the employment outlook for Latinos.

From the BBC World Service: After suffering a series of defeats on the battlefield, Moscow is now targeting electricity and water networks in Ukraine – President Zelensky says 30% of his country’s power stations have been destroyed so far. Citizens now face national energy restrictions for the first time since the invasion. Plus, Turkey’s unusual approach to interest rates at a time of soaring inflation. And, why the traditional South Korean dish of Kimchi is under threat.