Rank #1: Janet Yellen says Trump doesn't understand macroeconomic policy
The economy is doing well, says Janet Yellen, who departed the Federal Reserve last year after four years as chair. She's less confident in the president, who declined to appoint her for a second term. We talked with Yellen about Trump's relationship with the central bank, running the San Francisco Fed during the financial crisis and her current plans, which don't include retirement. Plus: What it's like to live on one side of the border and work on the other.
Rank #2: Is there an appetite for an Apple streaming service?
Markets around the world are feeling the global slowdown and the continued issues over trade this Monday. Apple is expected to announce some type of streaming service today, but with so many options for cord cutters already, will there be an appetite for it? Plus, the rent just keeps getting higher, and you can look at zoning as one of the culprits. Today's show is sponsored by Brother Printers, EquityZen, the Alliance for Lifetime Income and On Deck Capital.
Rank #3: 10 million percent inflation
That's where the situation is heading in Venezuela. We'll tell you what you need to know as President Nicolás Maduro is called to resign. Then, more from our series on President Trump's signature economic moments. Plus, why the government shutdown is hitting harder than what GDP lets on.
Rank #4: Closed indefinitely
The federal government is still shut down and is set to remain that way until the new year. For hundreds of thousands of federal workers, that means more time without pay. On today's show, government employees and contractors share stories about how the shutdown has affected them. Then: A federal climate change report predicts dire consequences for American farmers if steps aren’t taken now. We check in with farmers who are weighing their options for the future. Plus, we'll talk with Curbed’s Patrick Sisson about how online shopping is increasing pollution.
Rank #5: The shutdown's other immigration problem
Congress takes aim at some high-profile, Chinese tech companies over national security concerns. Financial institutions are catering to federal workers affected by the government shutdown. Plus, how the shutdown is affecting already backlogged immigration courts. Today's show is sponsored by SignNow, Wasabi Hot Cloud Storage and Indeed.
Rank #6: Bonus: The Uncertain Hour season 3 premiere
Our documentary podcast The Uncertain Hour is going inside America's drug war this season. We're starting with the strange and little-known story of how, 30 years ago, George H.W. Bush came to hold up an baggie of crack in his first televised speech in the Oval Office — a baggie he said was seized in front of the White House. Later, we'll explore how the policies Bush launched reverberate through today's opioid crisis, trying to answer the question: How does an epidemic end? Subscribe to The Uncertain Hour here or wherever you get your podcasts so you don't miss a thing.
Rank #7: Are you getting a raise yet?
Economists have been puzzled by slow wage growth in a very tight labor market, but a string of new reports indicate that wages may finally be moving up ... though not for everyone. Plus, new NAFTA's bumpy ride through Congress and a conversation with former social worker and current "Queer Eye" star, Karamo Brown.
Rank #8: A little oil, a little Brexit and some puppets
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.”
Rank #9: Forget a no-deal Brexit, it's a no-Brexit Brexit
The United Kingdom Parliament just voted to delay Brexit after previously voting down Prime Minister Theresa May's plan to leave the European Union. Today we look at how the 27 other European countries will fare whenever this thing finally goes through. Plus, a business of security robots and the housing market along the border.
Rank #10: Regulate me!
With no end in sight to the partial government shutdown, some businesses are starting to miss the regulation that shielded them from risk. Then: The fallout from yesterday’s failed Brexit vote may not be isolated to Britain. We'll look at how uncertainty could ripple through the global economy. Plus: partially autonomous car features have the potential to save lives, but using them improperly could cause more accidents.
Rank #11: "As we go on/We remember/All the debt we/Accrued together"
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.
Rank #12: The relationship between climate change and the economy
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.
Rank #13: Why Americans are (finally) getting a raise
This morning's jobs report showed that wages have grown for six straight months. On today's show, we look at the economic forces at work. Then: Amazon is trying to move into new markets like India. But can its competitive pricing model scale internationally? Plus, what's a "Zestimate" anyway?
Rank #14: How "The Tick" stands among the superhero giants
With the new "Avengers" movie poised to dominate screens in about a week, you’d think there wouldn’t be room for anyone else in the superhero landscape. Tell that to Ben Edlund, creator of “The Tick,” a show and character that’s found a small but lasting foothold in superhero culture. We also examine the struggles faced by regional grocery stores and how Texas factors into the discussion about immigration and the economy.
Rank #15: What it means to miss a paycheck
Friday's payday — or it should be. If the government shutdown continues through the week, federal workers will miss out. We talked with some out-of-work employees about how the shutdown is affecting their personal economies. Then: High economic growth in the U.S. has fueled carbon dioxide emissions despite technological advances aimed to reduce them. Plus: Why are airline tickets priced like that anyway?
Rank #16: So what if you don't want to pay tariffs?
It's been a long week. Let's take five minutes just to recap. We'll talk midterms, the Federal Reserve and more with the Wall Street Journal’s Kate Davidson and Politico Managing Editor Sudeep Reddy for the Weekly Wrap. Then, we'll get into tariffs, or more specifically, how to be exempt from paying tariffs. Since last March, the Commerce Department has been inundated with nearly 50,000 applications from steel and aluminum companies asking to be excluded from the tariffs — 10 times the amount it initially expected. So how does the Commerce Department choose who gets exempted? We dig into it. Plus, with tariffs there's always a catch, and the lobster industry is feeling it. We talk to Bloomberg’s Shawn Donnan about how Maine lobsters got caught in the trade war crossfire.
Rank #17: Today the Fed said what you wanted to hear
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.
Rank #18: What's the World Bank do again?
Once President Donald Trump gets his big speech out of the way this evening, he's expected to nominate David Malpass to lead the World Bank — and shake it up. We start today's show with a primer on what the bank does and how that's changed. Then: The new tax cap on state and local tax deductions has some people changing their permanent residences to lower-tax states. Plus, "The Price Is Right" has been thinking about consumer spending for 60 years. We talk to its executive producer.
Rank #19: The IMF's Christine Lagarde knows you're anxious about the future
Here's why she doesn't think "turning inward" is the solution.
Rank #20: Don't say we didn't warn you
Last year was full of major economic events, and 2019 looks like it will be too. We'll talk about what we're watching in the global economy and what to expect from trade, Brexit and government spending. Speaking of global economies, six Pacific-Rim nations including Japan, Australia and Mexico are lowering tariffs on a number of products and services as of today. So what does that mean for American farmers? Then: The Chinese are likely to land a probe on the far side of the moon for the first time in history. China is spending billions on space exploration, but why now?