Mar 5, 2020

Up and down we go

A trader works during the closing bell at the New York Stock Exchange (NYSE) on March 3, 2020 on Wall Street. Johannes Eisele/AFP via Getty Images

Futures are down today after a Wednesday market boom. Saudi Arabia seeks cuts in oil production as OPEC meets. How COVID-19 is erasing Los Angeles economic activity.

Segments From this episode

Consumers see cheaper gas at the pump as COVID-19 reduces demand for oil

by Mitchell Hartman

Mar 5, 2020

Companies are using less oil to make and ship things. As consumers curtail travel, they use less oil, too.

Gas prices in the U.S. are down about 15 cents per gallon since January.

Scott Barbour/Getty Images

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COVID-19

Los Angeles businesses feel sting of COVID-19 travel restrictions

by Robert Garrova

Mar 5, 2020

The city welcomed more than 1 million visitors from China in 2019.

A woman wears a face mask at Los Angeles International Airport (LAX) on March 2, 2020.

Frederic J. Brown/AFP via Getty Images

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Music from the episode

Super-Fun Ronald Jenkees

The team

David Brancaccio Host

Victoria Craig Host, BBC

Stephen Ryan Senior Producer, BBC

Jonathan Frewin Producer, BBC

Daniel Shin Producer

Jay Siebold Technical Director

Brian Allison Engineer

Meredith Garretson Morbey Senior Producer

Erika Soderstrom Producer

Rose Conlon Producer

Alex Schroeder Producer

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