Welcome to hell (it’s in New York)

There’s a group of three by three blocks in Manhattan containing 70 businesses that sell alcohol, most of them with a full liquor license. We talked with the locals, who call it “Hell Square.” But first: After finding refuge in Turkey, many young Syrians had to put their education and career plans on hold. Now some are discovering new passions, while others are just dealing with a new economic reality. Plus, the latest on inflation numbers and an exit interview with American Enterprise Institute President Arthur Brooks.

Trade war on a stick

We’re headed to the Minnesota State Fair today, not for the live music or seed art or the fried cheese curds, but for trade talk. The fair is abuzz with talk of the trade war, as the state’s iron mines enjoy some relief and its farmers feel the sting of retaliatory tariffs. Then: Reflecting workplaces everywhere, gubernatorial candidates Cynthia Nixon and Andrew Cuomo are fighting over the room temperature for tonight’s debate in New York. We’ll look at this summer AC battle of the sexes. Plus, how VCs think and the big business of pilgrimages.

“A mass-delusion event”

Kai Ryssdal’s in Minnesota today to chat with Neel Kashkari, the Minneapolis Fed president who presided over the bank bailout back in 2008. We’ll have the full conversation next week, but today you can hear him talk about watching TARP fail to pass Congress the first time and the “mass-delusion event” that lead to the financial crisis. It’s all part of our series, Divided Decade, marking the 10 years since that crisis. But first: The Trump administration announced a trade deal with Mexico, but a statute on presidential authority may cause a debate in Congress that could be an obstacle. We’ll tell you what you need to know. Plus: Brett Kavanaugh and the Chevron Doctrine. 
 
 

When is a trade deal not a trade deal?

Today, actually. President Donald Trump got Mexican President Enrique Peña Nieto on speaker phone in the Oval Office to announce a new potential trade deal to replace the North American Free Trade Agreement. Wait, you might be saying to yourself, NAFTA has three countries in it. Whither Canada? We’ll tell you everything you need to know. Then, why Uber is investing in bikes. Plus, we’ll talk with the comedian behind “The Headless Women of Hollywood,” a blog that explores sexism in movie advertising.

It’s not just a dorm, it’s their first home

As new college students across the country start moving in, we’re taking a look at the booming dorm-in-a-bag business. Turns out there’s a lot of money in making a 170-square-foot cinder-block box feel like home. But first: It’s been a wild week for political news, but the economic news was no slouch either. We’ll break it all down in the Weekly Wrap. Plus, how more intense and frequent wildfires are changing firefighters’ jobs.  

Would impeachment really tank the stock market?

In a week that’s seen the looming threat of impeachment and the longest bull market ever, President Donald Trump has said the former would crash the latter. We’ll kick off today’s show by examining whether presidential scandals can really affect markets. Then, a conversation with Jo-Ann Stores CEO Jill Soltau, who’s rallying customers to speak out against tariffs. Plus, what it’s like to be black in the fashion industry and why “The Big Bang Theory” will likely be a big moneymaker for years after it goes off air.

Houston, a year after Harvey

A year ago this week, a storm named Harvey left Houston underwater for days. A year on, many neighborhoods are just beginning to rebuild, and residents face a tough decision: take any insurance or FEMA money and rebuild, or cut their losses and leave. We’re on the ground there. But first, let’s do the numbers on today’s Federal Reserve meeting minutes, which mentioned trade 21 times, up from seven last month, and expressed unease about inflation. We’ll go inside the talks happening right now with China, the European Union and Japan. Plus, we’ll do the numbers on the longest bull market in history.

In other news …

The Environmental Protection Agency released details today of its plan to replace the Obama-era rules governing carbon emissions from power plants. This proposal gives a lot of concessions to the coal industry and is a step toward ending what the president calls the “war on coal.” But even if this plan makes it through the long, dirty fight to become law, how much difference can regulatory changes make to the coal industry in the face of rapidly evolving market forces? Also on today’s show: You guessed it, tariffs. We get insight on steel tariffs from industry insiders. Later in the show, we talk about immigration south of the border. Many migrants cross through Mexico hoping to enter the United States, but Mexico’s incoming president has a plan to curb the flow. 

Tariffs on trial

This morning, the U.S. Trade Representative opened six — yup, six — days of public hearings into President Donald Trump’s proposed tariffs on Chinese imports. The hearings are to let companies and trade groups affected by those tariffs weigh in, and we talk to two experts who are testifying. Today in Elon Musk news: JPMorgan Chase lowered the target price on Tesla’s stock. But what exactly is a target price, and what happens when analysts change them? We have answers. Also on the show, we talk to actress and director Regina King about her career in Hollywood. (08/20/18)

So … you ever record anyone at work?

No judgement if you did. Verbally promised promotions can go up in a poof of smoke and proving a boss or co-worker is abusive is a lot easier when you have solid proof. But there are a few things you should think about before you hit that record button. Then: Public transportation doesn’t cost a lot of money, but for people who rely on it to get to work, transit can cost a lot of time. We’ll look at “time poverty” and how it affects American workers. Plus, we do the numbers on the streaming TV arms race.