Go beyond the headlines and economic jargon for a look at what’s happening in the business world and in the workplace – and why it matters in your life.
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Subway’s franchisees allege corporate mismanagement
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7:29The largest fast-food company in the world -- with about 24,000 stores -- was once known for its rapid expansion mindset. Now, Subway is closing stores faster than ever and pushing out franchise owners in the process. In a recent report by the New York Times, franchisees across the country said that seemingly tiny violations, like cucumbers cut too…
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Next week marks fifty years since Neil Armstrong took “one small step” on the moon’s surface. The Apollo 11 mission was an historic voyage, fulfilling President John F. Kennedy’s goal of reaching the moon by the end of the 1960s. More than half a billion people watched the astronauts live on television. But in the years that followed, America’s int…
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From Wall Street to Walmart, Businesses Embrace Pride
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7:21This weekend marks the 50th anniversary of the Stonewall Riots and the birth of the modern gay rights movement in this country. Over the intervening years as attitudes towards LGBTQ people have changed, corporate America has taken note. Whether it's McDonald's selling special-edition “Pride Fries” or Walmart’s (online) Pride Shop, companies have ve…
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How a little known group of business leaders is influencing the administration's policies on trade, business and the economy.By WNYC
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Murder! Scandal! Bankruptcy! The History of the Plaza Hotel
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7:42Since its opening in 1907, the story of the hotel has been the story of New York: a history littered with colorful guests, financial uncertainty, and a controversial transformation.By WNYC
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With just a few weeks left in the New York State legislative session, the future of rent regulations is still uncertain.By WNYC
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The president has effectively banned U.S. companies from doing business with the Chinese telecom giant. What it means for national security, trade, our phones, and more.By WNYC
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A three-foot tall, stainless steel rabbit by Jeff Koons set the art world abuzz after selling for a record $91.1 million at auction. What does it tell us about the economy?By WNYC
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Where Things Stand Between the U.S. and China Over Trade
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7:28President Donald Trump has stymied hopes of a trade deal by raising tariffs on Chinese goods. In retaliation, China put additional tariffs on U.S. goods, causing the stock market to plunge that day. The Trump administration responded to that by taking steps to implement tariffs on even more Chinese products. So, who’s winning the trade war? Trump’s…
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Hey, Big Spender: Presidential Candidates And The Race to Raise Money
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7:28Recent financial reports filed by the 2020 presidential candidates show vastly different amounts of money raised in varying amounts from many different sources. Some candidates are focusing on small donors, others are turning to high-dollar bundlers and some are dipping into their own bank accounts. For example, Senator Elizabeth Warren raised rais…
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After months and months of speculation, former Vice President Joe Biden announced he’d be running for president in 2020. Already an early frontrunner, Biden joins a crowded field of potential Democratic nominees. There are now more than 20 candidates running, from policy wonk Elizabeth Warren to newcomer Pete Buttigieg to 2016 veteran Bernie Sander…
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"Avengers: Endgame" is officially opened at movie theaters across the country. It’s the most highly-anticipated movie event of the year and is expected to set a new box office record. Iron Man, Captain America, Black Widow, and the whole Avengers crew are back to do battle with super villain Thanos after he wiped away half of the universe’s populat…
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Uber has taken its first steps to becoming a publicly traded company, following rival Lyft’s debut on the stock market last month. The initial filing from Uber reveals even more extensive details about the company's revenue, ridership and potential roadblocks. The good? Ridership is up and Uber is expanding its food delivery service. The bad? The r…
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Uncovering The Secrets of the Consulting Firm McKinsey
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7:38Much of the way influential consulting firm McKinsey & Co. operates is shrouded in secrecy. But recent reporting by the New York Times has revealed some of the company’s secrets, including its involvement with controversial companies like Purdue Pharma, the maker of OxyContin, as well as foreign leaders and governments in Saudi Arabia and South Afr…
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New York City just became the first city in the country to implement congestion pricing. As part of the effort to ease traffic and raise money to fix public transportation, drivers entering Manhattan below 60th Street could pay between $10 and $15 per day for cars and possibly double for trucks. But how the system will work technologically, who mig…
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Advertising has become a big business for Big Tech—and it keeps getting bigger. Google now controls a whopping 91 percent of the search advertising market. The tech giant’s monopoly means it’s almost impossible for businesses not to advertise with Google. That’s especially true if you’re a company that exists entirely online, like the ride-sharing …
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Deal or No Deal, Time’s Running Out for Brexit
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7:30It’s been nearly three years since a majority of people in the United Kingdom voted to leave the European Union. One of the arguments made by many Brexit supporters was to “take back control.” Lately, however, the opposite has been true as the process spirals out of control. Britain was on track to leave the E.U. one week from today, but a last min…
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Hudson Yards is officially open to the public. What was once the site of warehouses, tenements, and rail yards is now home to the largest development in New York City since Rockefeller Center. From the initial idea to the opening this week, it’s taken nearly 20 years— and $25 billion — to create the sprawling 28-acre megaproject on the west side of…
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It’s been about eight months since President Trump launched a trade war with China, and it looks like we might be approaching an agreement between the two nations. Trump says that trade relationship with China has been unfair to the U.S. To force a change, he’s put in place punishing tariffs on Chinese goods to gain leverage. But that’s also punish…
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If you're depending on a tax refund this year to pay loans, make a down payment on a car or take a vacation, you might be out of luck. According to the IRS, average refunds have been lower compared last year. If the trend continues, many Americans will end up with a smaller refund or worse — they may owe the government. Residents in high-tax states…
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Foreign Policy, Private Profits and Nuclear Technology in Saudi Arabia
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8:27This week, a report from the House Oversight Committee revealed that officials in the Trump administration pursued a plan to export nuclear technology to Saudi Arabia in order to build nuclear power plants. The report from House Democrats says the deal gained momentum during President Trump’s first days in office with help from then-national securi…
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5G is coming to a wireless network near you. But what exactly is it? And what has to happen before it completely replaces 4G?By WNYC
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The rise and fall of a retail giant.By WNYC
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WeWork has big ambitions, but does anyone really know what it is?By WNYC
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The battle over Brexit is getting more dire. What's holding everything up, and what are the implications?By WNYC
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One Man’s $100 Billion Vision for the Future
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7:40SoftBank CEO Masayoshi Son has a bold vision for the future. Are we ready for it?By WNYC
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Can automated trading be blamed for Wall Street's wild swings?By WNYC
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The New York bank has been criminally charged by Malaysian prosecutors for its involvement in the disappearance of billions of dollars from an investment fund.By WNYC
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Monopolies, Tech, and 'The Curse of Bigness'
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7:31In his new book, technology law expert Tim Wu argues the biggest companies, like Facebook and Google, are dangerously large, and that's bad for business and democracy.By WNYC
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A board member at the Whitney Museum and his ties to the recent clash at the U.S.-Mexico border raise questions about the role of money, donors and funding for the arts.By WNYC
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The president will meet with China's leader in Argentina this weekend. What will it mean for trade between the two countries?By WNYC
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Is New York's Deal With Amazon Worth the Money?
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7:52The city and state have made up to $3 billion in tax credits, abatements and cash grants available to the online giant.By WNYC
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Democrats will now have control over powerful committees in the House, which could challenge the Trump administration's approach to banking, spending and trade.By WNYC
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Will a month of turbulent markets and huge losses affect voters ahead of the midterm elections?By WNYC
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The American dollar has ruled the global economy as the top currency for decades. Could a change be coming?By WNYC
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Tangled Relations: Saudi Arabia, Trump and U.S. Businesses
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7:45After the disappearance of Washington Post contributor Jamal Khashoggi, U.S. ties to Saudi Arabia have come under increased scrutiny, including those of the President.By WNYC
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The Seattle-based company has said it will decide on its second North American headquarters by year's end.By WNYC
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The Cost of the Office? Trump's Billion-Dollar Loss
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7:43A new investigation by Forbes magazine finds the president's net worth has dropped significantly since he took office.By WNYC
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Modernizing the Music Business for the Streaming Era
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7:25In a rare bipartisan move, the House and Senate unanimously pass the Music Modernization Act which will update copyright rules and create a new licensing system.By WNYC
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This election season, more Democrats are backing a single-payer health care bill. But how realistic is the plan?By WNYC
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The Financial Crisis and the Boom in U.S. Oil Production
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7:41Ten years after the start of the Great Recession, a new book looks at how American fracking is changing the global economy.By WNYC
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Facebook and Twitter executives testify on Capitol Hill as lawmakers consider ways to regulate the companies. What, exactly, might they do?By WNYC
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C.E.O. Elon Musk may face serious consequences for a single tweet that sent investors and reporters scrambling.By WNYC
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Ahead of the midterm election, Republicans are hoping a strong economy will help them keep control of Congress. But will it be enough in November?By WNYC
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Ten years before the 2008 financial crisis, there was another one: Long-Term Capital Management. The lessons not learned and why it matters today (hint, it involves Russia).By WNYC
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Women and men enter the workforce in equal numbers, but only less than five percent of the top 500 companies in the U.S. are led by women.By WNYC
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Legal marijuana is already bringing in huge revenues, but hurdles exist as it's still illegal at the federal level. How the industry operates and who’s cashing in.By WNYC
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The Regulatory Rollback Carmakers Thought They Wanted
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7:47The Trump administration is expected to announce a dramatic rollback of fuel economy standards for vehicles. What does it mean for carbon emissions, and why are automakers anxious?By WNYC
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Jerome Powell has only been serving as Chairman of the Federal Reserve since February, but he's already having to contend with some unusual circumstances. This week, he appeared before Congress to speak about the state of the economy. Lawmakers wanted to know what America’s top central banker thinks about President Trump's steadily escalating trade…
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This week Trump announced his nominee for Supreme Court and people are scrambling to figure out where he stands on the most important issues. One of those is healthcare. On this episode of Money Talking, the ever-changing future for the Affordable Care Act. How might Supreme Court nominee Brett Kavanaugh rule, even as the Trump administration conti…
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