Could a recession be another nail in the coffin for office space?
Jul 5, 2022

Could a recession be another nail in the coffin for office space?

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If companies are looking for places to cut costs, office space may be a place to look. Plus, inflation's the buzz at a London honey shop.

Segments From this episode

Biden's tariff choice: Cut them in hopes of easing inflation or keep them as leverage against China

Jul 5, 2022
The Treasury secretary and the trade representative disagree on the issue.
President Biden could reportedly make a decision about rolling back tariffs on some Chinese goods as soon as this week. In his Cabinet, opinions on the issue differ.
Brendan Smialowski/AFP via Getty Images

Companies have another reason to let go of office space: a potential recession

Jul 5, 2022
If the pandemic didn't convince CEOs to get rid of costly in-person work environments, an economic downturn might do the trick.
Occupancy periods in leasing agreements shortened during the pandemic, which could expand the amount of unused office space in a few years' time.
Saul Loeb/AFP via Getty Images

Staffing shortages are contributing to a chaotic summer air travel season

Jul 5, 2022
The aviation industry’s troubles come down to three problems, one analyst says: capacity, captains and cancellations.
Delta Air Lines pilots picket at Los Angeles International Airport on June 30. The airline industry has been struggling with staffing shortages as demand soars to near pre-pandemic levels.
Mario Tama/Getty Images

Even a London honey stall is caught up in Britain's historically high inflation

Jul 5, 2022
"It's a bit like pushing a boulder up a hill," says London store owner Samantha Wallace.
Bees at an apiary in Italy. "We've actually just had to, for the first time, raise our Italian honey prices," said Samantha Wallace.
Macro Bertorello/AFP via Getty Images

Programs pilot guaranteed income for artists

Jul 5, 2022
Most guaranteed income programs are geared at disadvantaged populations. These are tied to people's work.
Organizations in New York, San Francisco and St. Paul are piloting guaranteed income programs for artists. Recipients don’t necessarily have to put the funds toward art.
mixetto/Getty Images

Ocean acidification raises economic concerns for shellfish hatcheries

Jul 5, 2022
Lower pH water, caused by higher carbon dioxide emissions, can kill baby oysters as they fight for minerals to grow their shells.
Oceans are the most acidic they’ve been in 26,000 years, according to the World Meteorological Organization. That can impact the development of shellfish, like the ones fishermen depend on for income.
Joe Raedle/Getty Images

Music from the episode

Grassy Crystals Monster Rally
Empire State of Mind Jay-Z, Alicia Keys
Conduction Mocky
Confessions Sudan Archives
Muurbay Tree Emma Donovan, The Putbacks, Deline Briscoe

The team

Nancy Farghalli Executive Producer
Daisy Palacios Senior Producer
Sean McHenry Associate Producer
Andie Corban Associate Producer
Richard Cunningham Associate Producer