Economy & Business

Business news

Courting foreign investors in the age of Trump

Jun 18, 2018

Thousands of foreign investors are about to descend on a conference center in suburban Maryland for the fifth annual SelectUSA Investment Summit. Beginning Wednesday, they will spend three days being wooed by states and cities looking to get their investment dollars. Foreign investment in the United States hit $3.7 trillion in 2016, the last year for which there is government data.

Comcast, Disney in Fox chase

Jun 18, 2018

A federal court’s historic decision to let AT&T and Time Warner merge has unleashed other deal talks among giant companies. Just a day after the decision, Comcast renewed its bid for 21st Century Fox assets — a $65 billion offer. Compare that to Disney’s bid of $52.4 billion. Fox now has two eager suitors – both legacy media companies vying for another legacy media company’s assets – all against the backdrop of Netflix and the age of streaming.

Click the audio player above to hear the full story. 

The United States has imposed tariffs on products from China, Mexico, Canada and the European Union, and retaliatory duties are on the way. What will be the overall economic effect of these trade disputes? One way to gauge that is by looking to the futures market.

Click the audio player above to hear the full story. 

What's a trade war and are we in one?

Jun 18, 2018

This is just one of the stories from our "I've Always Wondered" series, where we tackle all of your questions about the world of business, no matter how big or small. Ever wondered if recycling is worth it? Or how store brands stack up against name brands? What do you wonder?

The Carters' new album is all about showcasing art and love

Jun 18, 2018

After dropping a new album, "Everything Is Love," in the middle of their "On the Run II" tour this weekend, Beyoncé and her husband, Jay-Z, also released a new music video for their song "Apes**t." What makes it so unique? They shot the music video in the Louvre in Paris, surrounded by classical art. 

It's been a decade since the financial crisis drove up the unemployment rate in the U.S. and forced people in the prime of their careers to give up looking for work.

Even today, as employers add jobs at a furious pace, the workforce participation rate still hasn't recovered. And now researchers think they know one reason why: the opioid crisis.

The trading relationship between the U.S. and China has been tense lately, defined by escalating tariff threats and bellicose rhetoric on both sides. The problem with tariffs though, is that they they often come with unintended consequences.

But if the U.S. wants to address China's questionable trade practices and counteract the negative effects of free trade, what is the government to do?Economist Jared Bernstein walks us through some of the alternative options for dealing with trade challenges.

Are we in a trade war yet?

Jun 18, 2018

The phrase "trade war" is getting thrown around a lot by now, including by this show. You might be wondering: What's it mean, exactly? And how do we know when we're actually in one? We'll do our best to answer those questions on the show today. Plus, we'll bring you the latest on the bidding war for Fox, the new nominee to head the Consumer Financial Protection Bureau and, of course, Beyoncé and Jay-Z. (06/18/2018)

Video game addiction is now considered a medical condition

Jun 18, 2018

The World Health Organization has released a new list of medical conditions that for the first time includes gaming disorder. 

The BBC's Anu Anand, host of the Global Edition of our Morning Report program, joined us to discuss how it's defined and what its label as a medical condition could mean for insurance coverage. The following answers have been edited for clarity. 

So what is gaming disorder?

A report out today from CreditCards.com finds that millennials are the worst tippers across all age groups, and that’s costing low-wage service workers a vital part of their income.

Take Jose Mendoza, whose wage is $5 an hour as a server at Pio Pio Latin Cuisine in Orlando. He said he makes about $20 an hour, though, on a good day, because of tips. 

But, he explains, "the younger people, they don’t tip so good."

Video game addiction is real

Jun 18, 2018

(Markets Edition) The World Health Organization has released a new list of official medical conditions, which includes "gaming disorder," where people obsessively play video and computer games. We'll take a look at what exactly the disorder entails and why insurance companies might be able to cover it now. Afterwards, we'll discuss the nationwide increase in suicides, and how funding to address the issue is lagging behind.

President Donald Trump has nominated a permanent director of the Consumer Financial Protection Bureau, the agency created after the financial crisis. The nominee, Kathy Kraninger, is a federal budget official. We take a look at why the White House chose her and how the bureau has changed since its inception.

Click the audio player above to hear the full story. 

Updated at 1:50 p.m. ET

Dr. Patrick Soon-Shiong took ownership of the Los Angeles Times in style with a full-page note to his readers and his new employees on Sunday.

Soon-Shiong bought the newspaper from its former corporate owners, the Chicago-based Tronc newspaper company. NPR spoke to Soon-Shiong about his ambitions for the newspaper.

German police arrested the CEO of Audi, Rupert Stadler, on Monday in connection with the ongoing investigation into Volkswagen's diesel emissions scandal.

Munich prosecutors ordered a search of Stadler's home last week, and officials told the BBC that "they had acted because of a risk that Mr Stadler might seek to suppress evidence."

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