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Episodes 6721 - 6730 of 10000

  • 02/12/2018: Australia’s biggest banks face landmark inquiry
    TORSTEN BLACKWOOD/AFP/Getty Images

    (Global Edition) From the BBC World Service … Australia’s biggest banks, among the world’s most profitable, are being accused of exploiting customers and corporate fraud. We’ll explain what a landmark inquiry is looking into. Then, the latest developments after a World War II-era bomb discovered in the River Thames brought London’s City Airport – frequented by European business travelers – to a standstill this morning. Afterward, how migration and the rise of the far right have become big issues for Italians heading to the polls for national elections next month.  

  • 02/09/2018: Explaining a 1,000-point plunge
    BRYAN R. SMITH/AFP/Getty Images

    (Markets Edition) It’s been a volatile week for the markets, with the Dow plunging about 1,000 points yesterday. On today’s show, we’ll check in with economist Chris Low about the reasons behind the giant wave of selling. Plus: What the latest $400 billion federal budget deal means for the Children’s Health Insurance Program, also known as CHIP.

  • Sen. James Risch (R-ID) (L) and Sen. Lamar Alexander (R-TN) leave the U.S. Capitol following early morning votes on Friday in Washington, D.C. Despite an attempt by Sen. Rand Paul (R-KY) to slow down the process, the Senate passed bipartisan legislation to continue to fund the government and lift strict budget caps.
    Chip Somodevilla/Getty Images

    (U.S. Edition) While you were sleeping, the government shut down…and then voted to reopen. After Republican Sen. Rand Paul briefly helped stall a vote, the House ended up passing a $400 billion budget deal. We’ll talk to budget guru Stan Collender about where some of the money in this deal is going and why we could have another shutdown soon. Next, we’ll discuss how markets are doing in Asia following the Dow’s 1,000-point plunge yesterday, and then look at NBC’s plans to attract more eyeballs by streaming coverage of the Olympics online.

  • 02/09/2018: Europe a sea of calm amid frenzied global market action
    Sean Gallup/Getty Images

    (Global Edition) From the BBC World Service … Another turbulent session in global markets after the broad indexes on Wall Street entered correction territory. Why are European markets bucking the trend? Then, this year’s Olympic games are estimated to have cost up to $13 billion, but how does that compare to the price of other global sporting events – and is it worth the outlay for host cities? Afterwards, we’ll take you to Penang, Malaysia, where chefs who made the city’s street food famous are retiring. But because the work has become unattractive to their children, what will happen to the well-known hawker stalls? 

  • 02/08/2018: How to avoid getting sick when you travel
    ROBYN BECK/AFP/Getty Images

    (Markets Edition) Republicans and Democrats have come up with a way to keep the government funded for about two years. Diane Swonk, chief economist at the firm Grant Thornton, joined us to discuss how the bond market is reacting to Washington’s spending plans. Afterwards, we’ll look at a new study that shows southern cities have the highest credit card debt burden, and then talk to travel aficionado Mark Orlowski about ways you can keep yourself healthy with flu season underway.

  • 02/08/2018: What’s in the government’s budget deal
    Stefan Zaklin/Getty Images

    (U.S. Edition) Congress might finally approve a longer-term budget deal, with the Senate expected to vote on one today and the House to follow. On today’s show, we’ll look at some details in the proposal, which would include a big hike in military spending and an increase in the debt limit (an unpopular move). Plus: How Montecito, California, is dealing with the aftermath of a series of mudslides last month.

  • 02/08/2018: Inflation in focus– what’s on tap from the Bank of England?
    Carl Court/AFP/GettyImages

    (Global Edition) From the BBC World Service … China’s yuan fell sharply this morning, at one point suffering its biggest decline since it was devalued by the country’s central bank in 2015. We’ll explain what’s pressuring the currency. Then, an interest rate decision and revised inflation forecasts are due out in Britain today. There’s been just one rate rise since the financial crisis of a decade ago … so, with Brexit risks looming on the horizon, what’s on tap from the Bank of England? Afterward, with wild weather swings, are catastrophe bonds a good investment? 

  • People walk by the New York Stock Exchange (NYSE) before the opening bell on Tuesday.
    Spencer Platt/Getty Images

    (Markets Edition) Who’s to blame for all of this recent financial turbulence? Some are pointing fingers at the VIX Index, which measures volatility. We’ll look at some of the frustration directed toward it. Afterwards, we’ll discuss the success of Tesla’s ambitious Falcon Heavy launch, and some of the competition Elon Musk will have to face.

  • 02/07/2018: What do these market swings mean for businesses?

    (U.S. Edition) With the market fluctuations we’ve been seeing this past week, does this bode badly for business decisions like hiring? While no one really knows, many analysts agree that economic fundamentals haven’t really been driving this volatility. We’ll break down some of the underlying causes. Afterwards, we’ll discuss why traders are actually fans of all these swings, and then look at why safe-haven currencies might not be the safe haven they used to be for investors at a time like this. 

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