Jun 9, 2017

06/09/2017: How much more chaos can one global economy stand?

Prime Minister Theresa May the day before this week's general election. Chris J Ratcliffe/Getty Images

Oy. Right after the U.K. kicked off the two-year countdown to Brexit in March, Prime Minister Theresa May called for a snap election in hopes of getting a stronger majority in Parliament to negotiate the country’s exit from the European Union. That plan has backfired, leaving May with less support than she started with. We asked our London reporter for an update on the ground there. Then: We'll talk through the week in business and economic news — it's infrastructure week at the White House, remember? Plus, Taylor Swift and Spotify gave us a lesson in why you should never say, "We Are Never Ever Getting Back Together."

Segments From this episode

Is the UK facing parliamentary paralysis?

by Kai Ryssdal

Jun 9, 2017

The election results mean May's leadership could be challenged, British pundits say.

Theresa May, British prime minister and Conservative Party leader, delivers a statement in London today after Conservatives lost their majority in a snap general election.

JUSTIN TALLIS/AFP/Getty Images

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Taylor Swift tells streaming 'You Belong with Me,' and it's all about timing

by Aaron Schrank

Jun 9, 2017

Do you have a less-tortured Swift pun? Inquire within.

Taylor Swift performs during her "1989" world tour in Melbourne, Australia.

Graham Denholm/Getty Images

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Is 2 percent a good target rate for inflation? The Fed has never been sure

by Sabri Ben-Achour

Jun 9, 2017

It's an arbitrary target, and some experts say its time for a change.

U.S. Federal Reserve Board Chairwoman Janet Yellen testifying before the Senate Banking, Housing and Urban Affairs Committee in Washington, D.C.

Win McNamee/Getty Images

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Weekly Wrap

Weekly Wrap: How much more chaos can one global economy stand?

by Kai Ryssdal

Jun 9, 2017

Sheelah Kolhatkar of The New Yorker and David Gura of Bloomberg join us to discuss the week’s business and economic news. With the stunning election results in Britain now final, we look at how the political turmoil will impact Brexit negotiations and if the European Union now has leverage. Then, we turn our attention to […]

National flags flutter near the the Elizabeth Tower, commonly referred to as Big Ben, in central London today.

GLYN KIRK/AFP/Getty Images

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For British whistle-maker, the future is cloudy after the election

by Kai Ryssdal and Sean McHenry

Jun 9, 2017

'The politicians have got to get their act together,' says Simon Topman of the Acme Whistle Co.

About half the factory workers at Acme Whistle Co. are immigrants.

Oli Scarff/Getty Images

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Oy. Right after the U.K. kicked off the two-year countdown to Brexit in March, Prime Minister Theresa May called for a snap election in hopes of getting a stronger majority in Parliament to negotiate the country’s exit from the European Union. That plan has backfired, leaving May with less support than she started with. We asked our London reporter for an update on the ground there. Then: We’ll talk through the week in business and economic news — it’s infrastructure week at the White House, remember? Plus, Taylor Swift and Spotify gave us a lesson in why you should never say, “We Are Never Ever Getting Back Together.”