(Markets Edition) On today's show, we'll discuss the state of the housing sector and the new frontrunner for the Fed chair: Jerome Powell, a current member of the Federal Reserve Board of Governors. How do the markets feel about this candidate? Pretty good, given that he's likely to follow Janet Yellen's policies. Afterwards, we'll hear from Mark Surman, executive director of the Mozilla Foundation, about taking our agency back from big tech companies. And finally, we'll look at Mattel's decision to dive into the quinceañera industry by creating its own quinceañera Barbie.
(U.S. Edition) We may get details on the House bill to overhaul taxes as soon as Wednesday. One big component of this measure: how U.S. corporations are taxed on overseas earnings. We'll take a look at how America's tax system differs from most other countries, which have a territorial system in place. Afterwards, we'll discuss how a cut in Obamacare ad dollars may lead to lower enrollment, and then cap off today's show by checking out Washington state's fishing woes. At least 150,000 Atlantic salmon escaped into Puget Sound this August, leading fish farm opponents to renew their calls to end aquaculture in state waters.
(Global Edition) From the BBC World Service ... Europe's largest bank, HSBC, posted quarterly profits that were up five-fold from the same time last year. What's behind the rise? Afterwards, as Google, Facebook and Twitter head to Congress this week, the Mozilla Foundation warns that the internet is becoming increasingly "unhealthy." Executive Director Mark Surman gives an overview of this very sick patient. Then, Macedonia’s capital Skopje has undergone an estimated $600 million architectural transformation to attract foreign visitors. While some chalk up improved tourist numbers to the new skyline, others have said the new buildings – which include dead-ringers of Paris’s Arc de Triomphe and Berlin’s Brandenburg Gate – have turned the city into the "Las Vegas" of Europe.
(Markets Edition) The House of Representatives has passed a budget blueprint that paves the way for an overhaul of America's tax system. But there are many, many unanswered questions about tax reform. Marketplace's Kimberly Adams is here with a monster list of the devils that lurk in the details. Afterwards, we'll chat with Christopher Low, chief economist at FTN Financial, about the U.S. economy's growth. Then, we'll discuss CVS attempt to merge with Aetna in a $66 billion deal — a move that CVS may need to stay competitive since Amazon may enter the pharmaceutical industry (again).
(U.S. Edition) You go to CVS for shampoo, Tylenol and, maybe soon, your health insurance. The company is in talks to buy the health insurance company Aetna for more than $66 billion. We'll take a look at why someone would want a health insurance company these days, and the obstacles in the way of this merger. Afterwards, we'll look at how the energy industry is in a minor rebound. Then, to cap off today's show, Washington Post columnist Allan Sloan joins us to discuss his guess for Amazon's second headquarters. Hint: He doesn't think it'll be in the U.S.
(Global Edition) From the BBC World Service...A big day in the ongoing drama between Spain and the separatist region of Catalonia, as Madrid prepares to take direct rule over the area after it voted in favor of independence a few weeks ago. We ask what the economic impact of this turmoil has been. Afterwards, physical trading on the floor of Hong Kong's stock exchange ends today after 31 years. We speak to traders right as the final bell goes off. Then - the US recently lifted sanctions on Sudan after two decades. Who is profiting most from the change?