Jan 25, 2018

01/25/2018: The world moves on

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Ahead of his big speech in Davos, Switzerland, tomorrow, President Donald Trump told CNBC that while he prefers bilateral trade deals, he'd be open to a bigger agreement like the Trans-Pacific Partnership if the U.S. gets a "substantially better deal." Catch is, the…

Segments From this episode

How a red-hot housing market became a crisis

by
Jan 25, 2018
Lessons learned from the Divided Decade.
A builder works on a new home at a subdivision in North Aurora, Illinois, in 2007. Residential mortgage debt doubled between 2000 and 2008 in the U.S.
JEFF HAYNES/AFP/Getty Images

Federal immigration agents say there will be more workplace raids like 7-Eleven

Jan 25, 2018
Businesses are making plans in case they are raided by ICE.
Members of Immigration and Customs Enforcement.
Spencer Platt/Getty Images

Oil prices creep up as the global economy grows

Jan 25, 2018
With the world’s major economies chugging along, people are using more oil. That means more demand for crude, just as some places that supply it are cutting back. Some production cuts are intentional — like Saudi Arabia’s — but other…

The craft beer industry may be a model for us all

Jan 25, 2018
The business is booming. And the reason may have to do with regulations.
The number of breweries in the U.S. expanded by a factor of six between 2008 and 2016, says Derek Thompson of The Atlantic.
MANJUNATH KIRAN/AFP/Getty Images

Ahead of his big speech in Davos, Switzerland, tomorrow, President Donald Trump told CNBC that while he prefers bilateral trade deals, he’d be open to a bigger agreement like the Trans-Pacific Partnership if the U.S. gets a “substantially better deal.” Catch is, the 11 Asia Pacific countries still in the TPP came to an agreement this week without the U.S. Then: Ten years ago this week, the American housing market posted its biggest year over year drop since 1973. The housing crisis was in full effect, the spillover into the financial system was coming and we were already a month into the Great Recession, even though we didn’t know it at the time. We’ll take a look back. Plus: The economics of beer.

Music from the episode

Make Me Like You Gwen Stefani
Lips Like Sugar Echo & the Bunnymen
I Need Never Get Old Nathaniel Rateliff & The Night Sweats
Respiration Black Star, Common