Episodes

  • Turmoil in D.C. starts to hit student borrowers
    Feb 28 2025

    Some student loan borrowers are in limbo after the Department of Education removed online applications for consolidations and income-based repayment plans. The StudentAid.gov website says the removals are temporary to comply with an appeals court injunction. But first: We got lots of data this morning painting a picture of the economy before major changes were implemented by the Trump administration. And later: Is the U.S. at risk of losing lithium exports from China?

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    10 mins
  • Feeling the economic shockwaves of government layoffs
    Feb 28 2025

    Current and former U.S. Agency for International Development workers are being allowed into USAID headquarters in Washington, D.C. for a second day today to pack up their belongings. But federal government layoffs are being felt across the country. Today, we’ll hear from a USAID contractor in Oklahoma about what’s happening there. Plus, we’ll look at why tech firms are spending so much on quantum computing and unpack the impacts of a 24-hour “economic blackout.”

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    8 mins
  • Bitcoin hits three-month low
    Feb 28 2025

    From the BBC World Service: Fears are growing among bitcoin investors after the cryptocurrency’s price fell below the $80,000 threshold Friday. It comes after U.S. President Donald Trump’s latest tariff threats triggered a fresh flight from risk. Meanwhile, U.K. Prime Minister Sir Keir Starmer hopes that talks with President Trump at the White House have averted a trade war. Plus, we look at why Hungary has become a hot destination for movie-makers.

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    7 mins
  • Why many government workers aren’t eligible for unemployment benefits
    Feb 27 2025

    The Supreme Court is giving the Trump administration more time to pay for foreign aid work done before the administration froze foreign assistance. Among those caught up in all this are independent contractors who have contracts with the U.S. Agency for International Development. Their work has evaporated, but they can’t file for unemployment. We’ll discuss. Plus, an account from a day laborer and volunteer sheds light on economic conditions for low-income immigrant workers.

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    9 mins
  • It’s not just federal workers experiencing layoffs
    Feb 27 2025

    Job cuts appear to be picking up in the private sector, too. Over the last two months, companies including Chevron, Meta, Starbucks and Southwest Airlines have all laid off 1.000 employees or more. While unemployment remains low, more layoffs could be on the way. Plus, bosses at Nvidia think there’s still plenty of room for business to grow, and an immigrant day laborer reflects on volunteering to help clear debris after the LA fires.

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    7 mins
  • Trump says 25% tariffs on EU will be announced soon
    Feb 27 2025

    From the BBC World Service: The automotive sector was singled out by U.S. President Donald, and the European Union said it will react “firmly and immediately” against any “unjustified” tariffs. Then, a cryptocurrency company in Dubai is recruiting bounty hunters to help track stolen funds. And as Pokémon turns 29 years old. we look back at how the wildly popular Japanese phenomenon became a billion-dollar global media brand.

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    8 mins
  • A first step toward the GOP’s tax and spending agenda
    Feb 26 2025

    The Republican-controlled House has defied predictions of deadlock and advanced the party’s signature legislative package. The House narrowly approved a resolution that includes $4.5 trillion in tax cuts and some $2 trillion in spending cuts over a decade. But it still has to go through the Senate, where there’s a push for more tax cuts. We’ll discuss some of the implications. Plus, how are New York businesses grappling with President Donald Trump’s deportation threats?

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    7 mins
  • Consumer sentiment is down, while inflation expectations are up
    Feb 26 2025

    The Conference Board reported the biggest monthly decline in consumer confidence since 2021. The University of Michigan also reported a sharp decline in optimism, along with a steep increase in inflation expectations. The reasons? Threats of tariffs, high cost-of-living expenses and general uncertainty. Also on the show: a draft deal for the U.S. to access Ukraine’s rare earth minerals and a proposed green card for wealthy people.

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    9 mins