The economy added 260,000 jobs last month, and unemployment hit a record low. Wages are rising steadily but not dramatically. With such a tight labor market, what does it take to get a real raise? Often, it’s trading up for a different job. Plus, we take a short march through Chinese history and meet a 13-year-old CEO who counts her father as an employee.
When trade talks resume in Beijing this week, American officials will be talking about intellectual property theft. But an even more common problem American businesses encounter in China is “trademark squatting,” a bad-faith application that could block a company from the country entirely. Today, we take to the high seas of so-called “trademark pirates.” Plus: Why stock buybacks are surging and why Hollywood isn’t making as many rom-coms.
More and more Americans are working well past retirement age. For some, it’s a matter of necessity. For others, it’s a matter of choice — and the distinction is class-based. Today, we talk with some of those working seniors. Plus, the Fed’s decision to keep interest rates flat, and the race to create more plant-based proteins.
Kidnapping — be it of people or precious cargo — is the stuff of nightmares. But ransom and the insurance that covers it is a big business, and the vast majority of people and property make it back safely. Today, we look at how this sophisticated criminal marketplace works. But first: It’s been more than a year since the United States imposed tariffs on Chinese goods. We’ll hear how they are affecting American businesses. Plus: With home prices dragging, are we headed for a buyer’s market?
Marriott, the world’s largest hotel operator, is taking on Airbnb with its own home-rental platform. But can it break in without cannibalizing its own business? Plus, we predict the Fed’s move on rates tomorrow and explore a new trend in corporate America: fancy bathroom renovations.
Cue the Vitamin C, it’s graduation season. As many students are preparing for life after college, they’re also figuring out how to pay back their student loans. Plus, the latest GDP numbers and Amazon’s plan to offer free one-day shipping for Prime subscribers.
The number of the day is 75. Dollars, that is — it’s the price Brent crude oil passed today before settling a bit lower by the end of the day. You might have noticed higher prices at the pump this year, but gas isn’t the only thing that will get more expensive if this trend keeps up with new sanctions on Iran. We break it down. Plus: The big, nerdy business of “The Avengers” and gamer fashion.
To understand the NFL draft, which starts tomorrow, think of a team’s general manager as an investment manager. Both have to build a balanced portfolio and manage risk. Both sometimes pay too much for glamour instead of going for more solid, steady performers. Believe it or not, we can take this metaphor even further, which is what we do on today’s show. Plus: Ford seeks the market for an electric truck, Lululemon pushes its menswear and Helvetica gets a makeover.
Economic analysts have long warned that a recession may be on the horizon, but positive showings in retail and the stock market have some experts second-guessing that prediction. Today, we try and figure out where the economy might be headed. Plus: Why one company is fighting for more regulations and the rise of temps in the C-suite.
A new study has found American consumers generally bear the brunt of tariff costs. Today, we look at which prices have gone up and whether the additional cost is balanced out by economic gains. Plus: The NRA’s finances and how President Trump’s new sanction threats could affect oil prices.