(Markets Edition) Starting today, restaurants with more than 20 locations must post calorie counts, meaning we could see companies change up recipes and portion sizes to shave down those numbers. That's what happened when New York started requiring them a decade ago. Plus, what the rising price of oil has to do with sanctions on Iran, industrial material costs and wage stagnation. And later today, we'll hear the Federal Reserve's tally of total consumer debt, which has us wondering... who cares?
That's what the Labor Department is suggesting with a new announcement that socially responsible investments could be a violation of a company's fiduciary responsibility. In other words, considering values other than traditional measures like profits and losses when running a retirement plan is frowned-upon, though not outlawed. What does this mean for the future of "ethical" investing? We talk to Senior Economics contributor Chris Farrell to find out. Plus, the price of crude oil crossed above $70 per barrel today, the highest it's been since 2014.
(Global Edition) From the BBC World Service…Russian President Vladimir Putin, who’s been in power for 18 years, has been sworn in for another term. But it’s fuelling criticism he’s more like a czar than an elected leader. Then, as you brew your morning cup of Joe, sip on this: Starbucks and Nestle have agreed to a new $7 billion deal. We’ll tell you what it means for your daily coffee ritual. Afterwards, saffron has long been the world’s most expensive spice. But did you know Madagascar vanilla is now second on that list? We’ll explain what’s boosting the price, and how it’s likely to impact dessert lovers all over the world.
(Markets Edition) The April jobs report is out, revealing the U.S. added 164,000 jobs to the economy and the unemployment rate dropped to 3.9 percent. We'll talk to Chris Low — chief economist at FTN Financial — about why he thinks the rate has dipped to this point, which may have to do with the Trump administration's crackdown on immigration. Afterwards, we'll look at how mobile homeowners in Seattle are being pushed out by skyrocketing real estate values, and what some residents are doing to fight back.
(U.S. Edition) Back in 2015, we learned that Volkswagen rigged its cars to cheat emissions tests. Then-CEO Martin Winterkorn resigned during the fallout of the scandal, and now he's being charged with fraud by the U.S. Department of Justice. On today's show, we'll look at what exactly he's been charged with and what this means for Volkswagen as a whole. Afterwards, we'll run down what the U.S. asked for during its trade talks with China this week, and discuss how likely it'll be that China will agree to these demands.
(Global Edition) From the BBC World Service … Trade talks in Beijing between the U.S. and China end today – both investors and corporations are watching for any developments. We hear from Alibaba’s general manager for Europe about how the company is operating as fears of a trade war loom. Then, a host of mining companies have agreed to millions in compensation for South African gold miners who contracted incurable lung disease. An attorney representing the miners tells us what’s next. Afterwards, what the end of a separatist conflict in Spain means for the local economy.