(Markets Edition) Congress recently approved a $1.3 trillion bill, but this battle isn't over yet. President Trump just tweeted that he might veto the measure, shortly before the stock market opened. We'll talk to Christopher Low, chief economist at FTN Financial, about how the markets are doing. Afterwards, with news that Toys R Us is closing its stores, we'll look at how its decision to file for bankruptcy has affected suppliers and workers.
(U.S. Edition) The banking giant Citigroup has announced new retail business clients will have to put restrictions on gun sales. We'll look at some of their requirements and whether these rules will affect existing clients. Afterwards, we'll discuss how survivors of last month's deadly shooting in Parkland, Florida, organized a march in support of stricter gun control laws. Plus: Why Trump's trade policies may resurrect COMECON, an old communist trade policy.
(Global Edition) From the BBC World Service … it’s a sea of red in global markets amid escalating concerns about a trade war between the world’s two biggest economies. We’ll tell you what’s next for China after the U.S. said it will impose new tariffs on imports from the country. Then, how long will it take you to commute today? Twenty minutes on the subway? An hour in the car? In Sao Paulo, Brazil, many workers sit for three hours in mad traffic. We’ll take you there and explain how some are battling back with a new high-flying commuting method.
(Markets Edition) The Fed has decided to officially raise interest rates. With Jerome Powell, the new head of the Federal Reserve, meeting with the media yesterday, what impression does he give off? Diane Swonk, chief economist at Grant Thornton, joined us to give her evaluation. Afterwards, we'll discuss how rising house prices are becoming beneficial for sellers, but hurting buyers.
(U.S. Edition) The Trump administration is getting ready to announce how it will punish China for the way it handles the trade secrets of U.S. firms. On today's show, we'll take a look at how China may retaliate. Afterwards, with Friday night the deadline for Congress to pass a spending bill, we'll talk about the major Gateway infrastructure project included in the bill, which is critical to the northeast. Plus: We'll discuss whether more large tech companies will start going public after Dropbox's IPO today.
(Global Edition) From the BBC World Service … The White House is set to unveil sanctions against China today after finding it encourages theft or transfer of intellectual property. But China’s threatening to fight back … so is a trade war just over the horizon? Then, how’s this for irony: A French company is poised to win a contract to make Britain’s passports in a post-Brexit world. We’ll hear from the U.K. company that’s set to lose out on the production. Afterward, a trip to a business with a unique take on how to tackle the problem of throw-away plastics.