Sep 6, 2023

A strong dollar spells trouble for other economies

Murtaja Lateef/AFP via Getty Images

We take a look at how central banks can keep their currencies from depreciating against the dollar. Later: examining the impact of NYC's de facto Airbnb ban.

Segments From this episode

U.S. dollar's strength is mostly bad news for countries and companies around the world

by Stephanie Hughes

Sep 6, 2023

Central banks have a couple of tools they can use to push back, including interest rate hikes and selling U.S. dollars..

The U.S. dollar spent August surging against Asian currencies.

Behrouz Mehri/AFP via Getty Images

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Banks in Turmoil

6 months out from SVB's failure, a bank president's optimism has waned

by Kai Ryssdal and Livi Burdette

Sep 6, 2023

Pressure to keep more capital puts constraints on banks, says Laurie Stewart of Sound Community in Seattle.

Laurie Stewart, the head of Sound Community Bank in Seattle, says pressures to hold more capital will "impact our ability to serve clients and to be investable."

Courtesy Sound Community Bank

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NYC is cracking down on short-term rentals. What does that mean for the housing market?

by Justin Ho

Sep 6, 2023

It's unclear whether reducing the number of short-term rentals will free up housing for city residents.

New York City's rules for short-term rentals went into effect on September 5, 2023.

Anthony Devlin/Getty Images

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Food assistance funds for mothers and children are up for debate in Congress

by Kimberly Adams

Sep 6, 2023

While the White House is asking for more money for the Women, Infants, and Children program, a House bill would reduce WIC funds.

In addition to determining overall WIC funding, Congress has to decide whether to renew a boost in funds recipients can spend on fruits and vegetables.

Stefani Reynolds/Getty Images

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My Economy

A Black arts center committed to preserving community

by Livi Burdette

Sep 6, 2023

When the nonprofit system didn't seem to work for it, Seattle-based Wa Na Wari found another way.

Wa Na Wari was once the home of a family member of one of the gallery's founders. Making it into a Black art space was a way to return the home to the community.

Courtesy Inye Wokoma

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That best-selling romance book? It might be based on fan fiction

by Kai Ryssdal and Andie Corban

Sep 6, 2023

Major publishing houses are looking to popular fan fiction sites to find new authors.

One popular fan fiction romantic pairing is Kylo Ren, played by Adam Driver in the "Star Wars" movies, and Rey Skywalker.

Theo Wargo/Getty Images

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Music from the episode

Pain De La Soul

Boyfriend Selena Gomez

garden Elijah Who

Simmer Hayley Williams

Baby Steps It's Butter

Privacy Quasimoto, Madlib

The team

Nancy Farghalli Executive Producer

Maria Hollenhorst Producer II

Andie Corban Producer I

Sarah Leeson Producer I

Sean McHenry Director & Associate Producer II

Richard Cunningham Associate Producer I

Dylan Miettinen Associate Digital Producer

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