Aug 10, 2020

A status update on pandemic aid

President Trump signed actions over the weekend aimed at restarting some pandemic relief. Will it actually reach people? Business struggles at the mall for big department stores and more. Kat Cole, president and COO of Focus Brands, reimagines our economy.

Segments From this episode

COVID & Unemployment

Will the $400 in extra unemployment benefits actually reach people?

by Nova Safo

Aug 10, 2020

Calling on states to implement new unemployment programs, as Trump's action has done, may not be practical.

President Donald Trump signs executive actions extending coronavirus economic relief on Aug. 8.

Jim Watson/AFP via Getty Images

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COVID-19

As big department stores struggle, other mall tenants falter, too

by Erika Beras

Aug 10, 2020

Malls were already having a tough time before COVID-19 with the rise in online shopping. The pandemic accelerated those e-commerce trends.

When malls start to lose retailers, it hurts all of the other tenants still there like movie theaters, restaurants and more.

Al Bello/Getty Images

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Reimagining the Economy

Kat Cole's vision for a kinder capitalism

by David Brancaccio , Rose Conlon and Candace Manriquez Wrenn

Aug 10, 2020

The president and COO of Focus Brands says "caring for connected stakeholders — employees, customers, vendors" is where our economic system is going.

Kat Cole, president and COO of Focus Brands, supports stakeholders, not just shareholders.

Paul Morigi/Getty Images

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Music from the episode

Dans Le Noir Dark Rooms

The team

David Brancaccio Host

Victoria Craig Host, BBC

Stephen Ryan Producer, BBC

Jonathan Frewin Producer, BBC

Daniel Shin Producer

Jay Siebold Technical Director

Brian Allison Engineer

Meredith Garretson Producer

Erika Soderstrom Producer/Director

Rose Conlon Producer

Alex Schroeder Producer

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