In the past two years, President Trump has changed the way we talk about business and economic life in this country. He views the economy through a transactional lens: there are always deals to be made or renegotiated.?He’s the CEO of America, Inc., relying largely on his instincts and owning successes and stock market records.?We’ve identified 10 moments that illuminate how the president thinks and what’s changed, and we’ll roll them out all week. Also on today’s show: businesses with discounts for federal workers, how China’s mobile payments business passed its GDP, and pass-throughs explained.
Things weren’t looking exactly glass half-full today at the World Economic Forum, the annual meeting of economists, bankers and world leaders. During a news conference, IMF Managing Director Christine Lagarde said the global economy was growing “more slowly than expected.” We break down what that means in a larger context. Today also marks the 31st day of the partial government shutdown and no end appears to be in sight. Some furloughed workers, in trying to keep up with finances, are becoming the targets of scams. Then, we talk tech and whether or not 5G is here, or if it’s all just marketing. Also: what exactly it takes to be a park ranger.
During periods of economic uncertainty, many people look to what central bankers say as a forecast of what’s to come. In that spirit, we have Federal Reserve Gov. Lael Brainard on the show today to talk about the longest government shutdown in history. Then, why AT&T is pulling its ads from YouTube. Plus, as always, your recap of the week’s news from our analysts.
The rap superstar took to Instagram yesterday to make sure her followers were paying attention to the government shutdown: “this s**t is really f**king serious, bro.” She’s right! We’ll start the show by looking at the newly “essential” employees President Donald Trump sent back to work, and whether other federal workers might file for unemployment. Then: The USDA is trying to bring Big Dairy back to school lunches. Plus, about that 10-Year Challenge.
With no end in sight to the partial government shutdown, some businesses are starting to miss the regulation that shielded them from risk. Then: The fallout from yesterday’s failed Brexit vote may not be isolated to Britain. We’ll look at how uncertainty could ripple through the global economy. Plus: partially autonomous car features have the potential to save lives, but using them improperly could cause more accidents.
British Prime Minister Theresa May’s Brexit deal was shot down today. We’ll kick off our show with the latest and what’s next. Then, speaking of “no deal”: Under the partial government shutdown, some Trump advisers are seeing what a smaller government really looks like. Plus, why your Netflix is getting more expensive.
As of this weekend, we’re in unprecedented territory. It’s the longest partial government shutdown in history. We’ll spend some time on today’s show looking at how the effects of the shutdown could snowball over the coming days. Then:?More than 30,000 are on strike today after negotiations fell out between the teachers union and Los Angeles Unified School District. A look at the economics behind America’s second-largest school district. Plus: Why taxes this year may be an even bigger headache than usual.
While the American government shutdown turns into the longest ever,?a crucial vote on Prime Minister Theresa May’s Brexit deal heads to Parliament next week, which could determine the fate of Britain’s future with the European Union. We’ll bring you the latest. Then: Why Amazon is making a new streaming service, and how red carpet advertising works.
Going into the holidays, consumer confidence was high and retail forecasts were looking rosy. Now, more than a week into the new year, it turns out the results are a bit of a mixed bag. We take a closer look at industry news out today. Then, government employees are feeling a lot of stress after 20 days of the partial government shutdown. How is that affecting their jobs? Also: A group of big finance companies is starting a new stock exchange, Members Exchange.
With today’s talks falling through and federal workers about to miss a paycheck, this shutdown is on its way to becoming the longest-ever, and millions in missing income has ripple effects. We’re devoting much of today’s show to that, looking at how housing, food, taxes and more are impacted. Plus: Experts weigh in on trade negotiations between China and the U.S.