Mar 5, 2020

Coronavirus is hitting America’s Port

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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.

Stories From this episode


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

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

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

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

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

The team

Nancy Farghalli Executive Producer
Bridget Bodnar Producer
Daisy Palacios Producer
Sean McHenry Associate Producer
Maria Hollenhorst Associate Producer

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