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Dec 3, 2020

U.S. stock markets could get less Chinese business if a new law passes

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The Holding Foreign Companies Accountable Act has now passed both the House and Senate. Plus, 712,000 new state jobless claims last week. And, how delivery companies will fare having to ship all of the holiday gifts and COVID vaccines.

Segments From this episode

The pandemic is forcing people off payrolls again, and it's happening in many parts of the country at once

Diane Swonk, chief economist at Grant Thornton, says "25 states, half of all states, reported increases of more than 1,000 initial unemployment claims, some of them significantly higher than that. That really shows the breadth of the losses that were enduring." Swonk also said unemployment claims were heavily concentrated in the same sectors that we saw lose jobs back in February and March, among them food service, retail and health care.

Music from the episode

Fall In Love Phantogram

The team

Nicole Childers Executive Producer
Victoria Craig Producer, BBC
Stephen Ryan Producer, BBC
Jonathan Frewin Producer, BBC
Daniel Shin Producer
Jay Siebold Engineer
Brian Allison Engineer
Alex Schroeder Digital producer
Meredith Garretson Producer
Erika Soderstrom Producer/Director