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How far a vaccine executive order could actually go
Dec 8, 2020

How far a vaccine executive order could actually go

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President Donald Trump is expected to sign an executive order directing federal agencies to prioritize vaccines to Americans over people from other countries. Plus, markets are in a holding pattern. And, what income inequality is taking from people's paychecks.

Segments From this episode

There are plenty of things keep investors cautious right now

Chief among them, says Jeffrey Cleveland, chief economist at Payden & Rygel, is "the lack of progress out of Washington on additional fiscal stimulus. I don't think the market likes that." Adding to the looming uncertainty are concerns about Brexit trade negotiations and the recent U.S. jobs report for November that showed slowing hiring growth. All of those factors have markets in a holding pattern, Cleveland said.

New Rand study quantifies cost of rising U.S. inequality

Dec 8, 2020
In the past 40 years, income inequality has cost 90% of workers about $2.5 trillion, the Rand study suggests.
From the mid-1970s on, while the U.S. economy has grown, fewer people have reaped the benefits.
Spencer Platt/Getty Images

Music from the episode

Lovin' Millennium Jazz Music, Smokedbeat

The team

Victoria Craig Host, BBC
Stephen Ryan Producer, BBC
Jonathan Frewin Producer, BBC
Daniel Shin Producer
Jay Siebold Technical Director
Brian Allison Engineer
Erika Soderstrom Producer/Director
Rose Conlon Producer
Alex Schroeder Producer