Today was another keep-you-on-your-toes day in the stock market: Investors are buying, prices are going up and yields are going down. We talk about what that all means. Also: It’s the holiday season, and there are just a few days left until the kids unwrap their toys. We take a look back at the history of Hot Wheels, products that made Mattel $847 million last year. Plus, we take a closer look at the creator economy and the dark side of social media influencing.
Today the Fed announced that it would raise interest rates for the 4th time this year. Higher interest rates means Fed watchers on Wall Street are reacting. We break it all down. Then, how FedEx is a sort of bellwether for the economy. Later, we cover the latest in Facebook’s data privacy struggles – which include a lawsuit and a New York Times investigation. Also: the United Kingdom’s Court of Appeal ruled that Uber drivers are considered company employees, so we talk about what that means for worker wages. Plus, Stephan James, the star of “If Beale Street Could Talk,” on his job as an actor.
The president has some advice for the Federal Reserve ahead of the Fed’s meeting on interest rates. We’ll talk to Bloomberg’s Jeanna Smialek about the recent market volatility and what is causing uncertainty. Also, several new studies have found many CEOs are worried a recession is near, even if the economy is relatively strong. Is it possible to talk ourselves into a recession? Plus: The attorney general of New York ordered a dissolving of the Trump Foundation amid an ongoing lawsuit and investigation into the foundation’s finances. The Washington Post’s David Fahrenthold has been covering the Trump family’s businesses and this court case since the very beginning. We’ll talk to him about how the Trump Foundation got here. Spoiler: It involves a $10,000 portrait of the president.
Many Americans were close to retiring when the financial crisis hit. As part of our series Divided Decade, we’ll look at the long road to recovery for seniors. But first, what you need to know about that Affordable Care Act ruling. Then, we’ll look at what happens to the thousands of Californians displaced by fires.
Have you ever left someone on read because you just didn’t want to date them anymore? More and more people are doing that with their jobs. We talk to the Washington Post’s Danielle Paquette about the growing trend of workers “ghosting” their employers. Then: Are you maximizing your flexible spending account? Millions of Americans still have money in their FSAs, which most have to spend before the year’s end. We look at how some workers are rapidly spending the money before it’s too late. Plus: We go over the latest on auto tariffs, trade and the U.S. budget deficit with the Washington Post’s Catherine Rampell and Politico’s Sudeep Reddy for the Weekly Wrap.
Apple quietly announced a new $1 billion, 15,000-employee campus to Austin, Texas. It did so without the media frenzy — and blowback — Amazon experienced with its East Coast expansion this year. We’ll compare the two tech giants’ approaches. Then: Nearly half of American chief financial officers believe the country will be in a recession next year. Are we ready? Plus, this year’s record-breaking box office numbers.
Mainly, Mars. SpaceX COO Gwynne Shotwell talked with us about it during a tour of the company’s main factory in Southern California. But first, with the sun (possibly) setting on the government-supported 30-year fixed-rate mortgage, we’ll assess its pros and cons. Plus, why all those new apartment buildings look the same.
Unemployment, inflation, GDP growth, bond yields … we do a lot of numbers on this show. But what should you really be watching if you’re nervous about another economic downturn? We asked James Poterba, president of the National Bureau of Economic Research. But first, we’ll recap Google CEO Sundar Pichai’s congressional testimony and look at the lobbyist job market as nearly 100 lawmakers leave their jobs.
You’ve got a corgi, some home-cooked meals and a few thousand bot followers. What more do you need to be famous on Instagram? Today we’ll talk to a writer who learned it takes a lot more to make that sweet, sweet #spon money. But first, we’ll catch you up on the latest with Brexit and now markets are responding. Plus, Lyft and Uber’s race to become the first ride-share IPO.
After a devastating wildfire season in California, millions of dollars poured in for relief and rebuilding efforts. But how does that money actually get to people in need? We looked into it. But first, let’s pull apart this morning’s jobs report, which showed more part-time jobs. Is that a sign underemployment is on the rise? Plus: What you need to know about the big business of Art Basel.