Big retailers have followed Amazon’s lead in making free shipping a staple. But that leaves small businesses in the uncomfortable position of managing expectations or just eating the cost of two-day air themselves. But first: Wages are up, inflation is down and consumer spending is on the rise again. That’s all good, right? Well, maybe. We’ll walk through some of the warning signs of downturn to look out for. Plus: A look back in trade history, when Japan had a turbulent relationship with the U.S.
That means different folks heard different things. Markets heard a potential end to interest rate hikes, but we’ll go back over Federal Reserve Chair Jay Powell’s remarks and tell you what you need to know. Then: Home sales have fallen to their slowest pace in two years, and low inventory in the housing market isn’t helping. But with slow sales, is there enough incentive to convince builders to build? Plus, Canada is seeing more asylum seekers.
Last year’s corporate tax cuts were meant to, ultimately, drive economic growth. Prominent Republicans argued, sometimes on this very show, that companies would use the money they saved to reinvest in new equipment, factories and, most importantly, jobs. But many bought back their own stock instead, and that could contribute to an economic slowdown. We’ll talk about it, and how oil refineries along the Texas coast are are trying to protect themselves from hurricane season. Plus: Why “sold out” games don’t always look all that sold out.
With the economy as strong as it is right now, retailers are expecting a big Cyber Monday. But whether those gifts are for yourself or someone else, they have to get to your door somehow, and that’s contributing to holiday season gridlock. But first: GM President Charles E. Wilson once said what’s good for the country was good for General Motors and vice versa. So what about those 14,000 layoffs GM announced today? We’ll talk about it. Plus: The economic consequences of climate change.
Workers on Wall Street got a half day, but for those in retail it’s going to be a long one. We’ll talk about what the retail landscape looks like this holiday season. Plus, the NFL is trying to grow internationally, but is it going to work? Another question we have in the “is it going to work” department is what the terms will look like for Brexit. We hear from one fisherman in Scotland about his concerns. And we kick off the show with the Weekly Wrap and details of a new report on climate change and what it could mean for the U.S. economy.
U.S. Markets are closed today, so we’ll do some turkey economics for you instead. It’s Thanksgiving, aka the day before Black Friday. We’ll tell you what retailers want from you this season, besides cash. Plus, we look at how to make design more inclusive, and we talk to a woman who has made animation her career. But first, let’s start with a side dish. A good chunk of the country’s sweet potatoes — you know, the ones that end up on your Thanksgiving day table — are grown in North Carolina, but supply may be sparse this year after Hurricane Florence.
What’s this holiday weekend all about? Let’s see. Travel? We’ll tell you why more international carriers are popping up in unexpected U.S. cities. Family? We’ll explore the data privacy issues around home genetic testing. Shopping? We’ll tell you Target’s plans to win back your business. Or maybe the holiday makes you want to float away and leave all that behind. We’ll tell you how to become a blimp pilot.
We have a series around here called “How to Be a …” where notable people tell us how they got their interesting jobs. Today, just in time for the holiday, we have Dominique Crenn. “Not everybody understands how to cook … they don’t have to know how to cook,” she says about people who work in her restaurants. “But I hope they can know how to eat.” But first: American household debt has reached a record high, topping its previous peak in 2008. We’ll look at what that means for the holiday season. Also at a record high: homelessness among students at the largest school district in the nation. We’ll look at why. Plus, a conversation with actor Frank Grillo about his new Netflix show.
Nissan Chairman Carlos Ghosn has been arrested by Japanese prosecutors, accused of underreporting his income. As the board at Nissan, Renault and Mitsubishi votes on dropping Ghosn, industry experts are wondering if CEOs are holding too much power. Then: Why the rest of the stock market could follow Apple’s decline. Plus, how food delivery is changing restaurants and how to make a living designing jewelry.
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.”