Rank #1: Everyday liars
You tell your mom you’re broke. You pretend to have student loans. You wear knock-off couture. People tell lies about money all the time. We asked about your “white lies” — and you didn’t disappoint.
Rank #2: The economy isn’t working for women who work
Between the ’70s and ’90s, women were entering the workforce in droves. Then female workforce participation peaked in 2000. What happened? And why are women’s wages still stagnant? We’re picking up our series on the economics of inequality, trying to figure that out with some help from Emily Bazelon, an author, lecturer at Yale Law School and a staffer for The New York Times Magazine. Plus: Back to the Dark Place on deepfakes, and departing producer Shara Morris answers the Make Me Smart question.
Rank #3: Big worries for small business
Congress calls 3M to account for its use of chemicals known as PFAS. We examine the damage in the Bahamas in the wake of Hurricane Dorian and its effect on the region’s main industry, tourism. Plus, all this recession talk is starting to wear on small businesses.
Rank #4: Fake meat isn’t just a flash in the pan
What will Purdue’s settlement over opioid deaths mean for other pharmaceutical firms making painkillers? Meat alternatives look like they’re here to stay. Plus, Brazil’s biofuel boom could be sidelined by the popularity of electric vehicles.
Rank #5: The street cred of stealing an “Old Town Road” sign
A seemingly stable stock market belies a flurry of investor activity. Taxes on alcohol barely cover the costs of the damages the excessive drinking can cause. Plus, the popularity of the hit song “Old Town Road” is causing headaches for one Massachusetts city.
Rank #6: Spending bill top of the agenda as Congress returns
Congress returns from summer recess to a slate of legislative business including hashing out a spending bill before the end of the month. Gig workers could be reclassified as employees, if a California bill passes. And a profile of one of the “GM Gypsies.”
Rank #7: Negative interest rates, explained
The European Central Bank cut interest rates to -0.5 percent. President Trump praised the decision, as he’s been pushing the Federal Reserve to do the same. Today, we compare the economic situation in the U.S. and abroad and explore how negative rates would work. Plus: California’s attempt to curb soaring rents and a new DIY clothing start-up.
Rank #8: London Stock Exchange faces Asian takeover bid
From the BBC World Service… The more than 300-year-old London Stock Exchange has received an unexpected takeover bid from the owner of Hong Kong’s stock exchange. Germany’s budget is under scrutiny as concerns linger about weakness in Europe’s powerhouse economy. Plus, as China moves to lift tariffs on 16 American product categories, we take a look at the cost of human hair products still impacted by the trade war.