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Bad data killed the video star
Oct 19, 2018

Bad data killed the video star

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China’s economic growth hit a 10-year low in the third quarter, the lowest since the financial crisis. Consumers are showing signs of consuming less. We'll look at what that means for the economy at large. Plus, we hear from an Irish farmer at the Northern Ireland border about how Brexit affects him. Then we'll tell you everything you need to know about Facebook's scandal involving a pivot to video. But first, we'll recap the rest of the week's business and economic news.

Segments From this episode

China's latest buzz term could worry businesses

Oct 19, 2018
"Consumption downgrade" is a popular phrase as Chinese consumers curb spending.
The success of firms selling instant noodles and pickled mustard greens have fueled a perception among Chinese citizens that the country is on a “consumption downgrade.”
Jennifer Pak/Marketplace

China's latest buzz term could worry businesses

Oct 19, 2018
"Consumption downgrade" is a popular phrase as Chinese consumers curb spending.
The success of firms selling instant noodles and pickled mustard greens have fueled a perception among Chinese citizens that the country is on a “consumption downgrade.”
Jennifer Pak/Marketplace

China and the emerging markets no longer key engine of global growth

Oct 19, 2018
What goes up must come down. In the case of the Chinese economy, what grows like an economic weed inevitably starts to slow down. Today we learned China grew by a mere 6.5 percent the latest quarter. The country’s lowest growth since the Great Recession. You might be tempted to blame that on China’s current […]

China and the emerging markets no longer key engine of global growth

Oct 19, 2018
What goes up must come down. In the case of the Chinese economy, what grows like an economic weed inevitably starts to slow down. Today we learned China grew by a mere 6.5 percent the latest quarter. The country’s lowest growth since the Great Recession. You might be tempted to blame that on China’s current […]

P&G posts gains thanks to growing Shave Club. Wait. What?

Oct 19, 2018
Procter & Gamble posted its strongest quarterly sales growth after five years of no growth. Some savvy rebranding of old, familiar products and the introduction of organics has helped pull in younger customers. The company also trimmed its marketing budget worldwide, and there’s been a lot of growth in the subscription Gillette Shave Club. Click […]

P&G posts gains thanks to growing Shave Club. Wait. What?

Oct 19, 2018
Procter & Gamble posted its strongest quarterly sales growth after five years of no growth. Some savvy rebranding of old, familiar products and the introduction of organics has helped pull in younger customers. The company also trimmed its marketing budget worldwide, and there’s been a lot of growth in the subscription Gillette Shave Club. Click […]

What it's like to live near Brexit's greatest issue

Oct 19, 2018
The Irish border has been a big problem for negotiators. For the people living there, that means a lot of uncertainty.
“It's very different to what's been portrayed in the media,” said James Johnston, director of the Ulster Farmers Mart in Enniskillen, Northern Ireland. "There's free movement across the border. And I think just the general consensus, whether somebody's voted to leave or voted to remain, they're all united to keep up that freedom of movement.”
Courtesy of the BBC

What it's like to live near Brexit's greatest issue

Oct 19, 2018
The Irish border has been a big problem for negotiators. For the people living there, that means a lot of uncertainty.
“It's very different to what's been portrayed in the media,” said James Johnston, director of the Ulster Farmers Mart in Enniskillen, Northern Ireland. "There's free movement across the border. And I think just the general consensus, whether somebody's voted to leave or voted to remain, they're all united to keep up that freedom of movement.”
Courtesy of the BBC

China’s economic growth hit a 10-year low in the third quarter, the lowest since the financial crisis. Consumers are showing signs of consuming less. We’ll look at what that means for the economy at large. Plus, we hear from an Irish farmer at the Northern Ireland border about how Brexit affects him. Then we’ll tell you everything you need to know about Facebook’s scandal involving a pivot to video. But first, we’ll recap the rest of the week’s business and economic news.