This week had a bit of it all — tumultuous Brexit negotiations, a swing in oil prices and conversations about shifts in currency — so we break it down in the Weekly Wrap. We also talk about Apple’s new partnership with A24 (of "Moonlight" and "Lady Bird" fame) alongside the news of mortgage lenders like Wells Fargo laying off employees. Then, in our latest segment of How We Changed, we talk to a woman with a master's degree in puppet arts from the University of Connecticut. Lastly, how empty storefronts are helping form the new “retail desert.”
Nahhhh. With the holidays right around the corner, and ads inundating our collective consciousness, we try to figure out why deals are everywhere. But first, the British pound has fallen nearly 2 percent against the dollar amid shaky Brexit negotiations. What exactly are the markets trying to tell us? Then: a story about the state of temporary work in the years before and after the Great Recession. Also, one journalist (and mother) on how history, the economy and race have shaped American motherhood.
There's a Brexit deal ... we think. What happens next? What sticking points have held up the process? We talk to Marketplace’s Stephen Beard about whether or not the May administration will be able to close the deal with the European Union. Then, a follow up to our reporting yesterday looking at the auto bailout 10 years later. This time, we look at how the financial crisis transformed the economy of Kenosha,Wisconsin. Plus, we'll talk to AEG CEO Dan Beckerman for this installment of Corner Office.
The wait is over — Amazon finally announced its new headquarter locations. They are near two major metropolitan areas: Crystal City, Virginia, just across the Potomac from Washington, D.C., and Long Island City in Queens, just across the East River from Manhattan. We'll be taking a look at what happens to housing and rent prices when Amazon moves in. Then, later in the show, we'll talk about what’s next for the places that weren’t chosen. Plus: Ten years ago, the government bailed out the auto industry partially on behalf of the workers. A decade on, how have those auto jobs fared? We check in on the bailouts that were meant to save the economy of Toledo, Ohio.
By now we don't have to remind you that the stock market is not the economy, but we'll give you some more context for today's decline. Also on today's show: One of the most influential companies you probably never heard of is going public. The mobile division of Japanese conglomerate Softbank is vying for an IPO. That's a big deal for American companies, including Uber, Slack and WeWork. Then: About 70 percent of online shopping carts are abandoned before purchase. Now e-commerce retailers are trying to figure out how to get shoppers to that last click. And we remember comic book genius Stan Lee. We talk to Gizmodo’s Evan Narcisse about Lee's impact on pop culture.
It's been a long week. Let's take five minutes just to recap. We'll talk midterms, the Federal Reserve and more with the Wall Street Journal’s Kate Davidson and Politico Managing Editor Sudeep Reddy for the Weekly Wrap. Then, we'll get into tariffs, or more specifically, how to be exempt from paying tariffs. Since last March, the Commerce Department has been inundated with nearly 50,000 applications from steel and aluminum companies asking to be excluded from the tariffs — 10 times the amount it initially expected. So how does the Commerce Department choose who gets exempted? We dig into it. Plus, with tariffs there's always a catch, and the lobster industry is feeling it. We talk to Bloomberg’s Shawn Donnan about how Maine lobsters got caught in the trade war crossfire.