Mar 5, 2020

Coronavirus is hitting America’s Port

There could be still be stormy skies ahead for U.S. trade. Mark Ralston/AFP via Getty Images

Plus, what you need to know about volatility and algorithmic trading in the markets, and the debt collection case in front of the Supreme Court.

Segments From this episode

COVID-19

What the new coronavirus means for America's busiest port complex

by Andie Corban and Kai Ryssdal

Mar 5, 2020

"We've had 41 vessel cancellations from the middle of February through April 1," said Gene Seroka, executive director of the Port of Los Angeles.

The Port of Los Angeles, the nation's busiest container port, in November 2019.

Mario Tama/Getty Images

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COVID-19

In COVID-19 outbreak, IMF urges coordinated action

by Kai Ryssdal and Katherine Wiles

Mar 5, 2020

The IMF had a call with 189 member countries Tuesday to discuss a coordinated response to COVID-19.

IMF Managing Director Kristalina Georgieva and World Bank Group President David Malpass bump elbows instead of shaking hands at a press briefing on COVID-19 in Washington, D.C., on March 4, 2020.

Nicholas Kamm/AFP via Getty Images

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From financial advisers to restaurant workers — where wage gains are above average

by Mitchell Hartman

Mar 5, 2020

Average hourly earnings are rising about 3% per year. In some occupations, gains are much stronger.

Andrew Burton/Getty Images

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With the CFPB's future uncertain, New York and other states want to step in

by Justin Ho

Mar 5, 2020

Some states are stepping up their plans to regulate the debt collection industry. Consumer advocates say the moves come at a time when Federal protections are weakening.

Gov. Cuomo announced a plan to crack down on fraud with additional oversight of the debt collection industry.

Scott Heins/Getty Images

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Stocks plunge, resuming volatility, as traders, analysts find data lagging

by Scott Tong

Mar 5, 2020

"Analysts have their hands in the air," one investment strategist says as markets struggle to predict the future.

There's evidence that the more markets go up and down, the more they are driven by emotion.

Johannes Eisele/AFP via Getty Images

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The team

Nancy Farghalli Executive Producer

Maria Hollenhorst Producer II

Sean McHenry Director & Associate Producer II

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