Jpmorgan Chase, U.S., Amy Scott discussed on Marketplace with Kai Ryssdal


Coming up, all kinds of women who want to come celebrate themselves and who wouldn't want to do that. But first, let's do the numbers. Oh yeah, this is the trombones. The Dow Jones Industrial Average fell 526 points one in four tenths percent to close at 35,241, the NASDAQ shed 304 points to an 10% to finish at 14,185 and the S&P 500 shrank, 83 points, one in 8 tenths percent and at 45 O four. Rising inflation, of course, increases the prospect of interest rate hikes, that can mean more profit for banks, but JPMorgan Chase and Bank of America gave back four tenths percent, Wells Fargo is down just a tad. The possibility of higher mortgage rates has some people afraid they'll miss their chance to purchase, but buyer beware a recent survey from Zillow of 2000 people across the country showed some 75% of buyers have regrets about buying their new place about 40% which they'd spent more time searching and evaluating different options. Bond prices fell the yield on the ten year T note rose to get this 2.04%. First time we've heard that number two in a while. You're listening to marketplace. This episode is brought to you by fundrise. Fundrise is a real estate investing platform, complete with an app, website, and all the bells and whistles you'd expect from a tech company that makes investing in high end real estate, think apartment buildings, single-family rental houses and industrial complexes, incredibly easy. Fundrise is designed to help add stability and performance to your investment portfolio rather than forcing you to choose one or the other. In fact, it's how professional investors have been strengthening their portfolios for years. To start, you tell fundrise you're investing goals, whether that's extra income or long-term growth. And fundrise puts your money into the real estate deals that are right for you. Now you can live anywhere in America and own properties in Austin, Dallas, Orlando, and other hot real estate markets. Join the over 170,000 investors using fundrise to diversify their portfolios without compromise. You can start investing in less than 5 minutes and with as little as $10. Sign up for free today by going to fundrise dot com slash marketplace. That's dot com slash marketplace. Our priorities, they've changed. It's not just about getting ahead or the constant grind. It's about knowing what you want and focusing on what matters. It's the kind of thinking that went into the completely redesigned 2022 Lexus nx. More than an available 14 inch touchscreen, we gave it an all new intuitive interface designed to minimize distractions and frustrations. More than an impressive safety system, it has the most advanced standard active safety system ever offered in Alexis, designed to not only help protect you and your passengers, but others on the road, more than offering gas, turbo and hybrid options, it's also available as a plugin hybrid electric vehicle. More than a well designed driver since your cockpit, it's available with a range of features that any driver can appreciate, like a panorama glass roof, thematic ambient illumination, and an all new virtual assistant that can be summoned by simply uttering the phrase. Hey Lexus. To see the new nx and to discover everything it was designed to do for you, visit Lexus dot com slash nx. The all new 2022 Lexus nx. Welcome to the next level. PHP model available in states, excluding Vermont that have adopted zero emissions vehicle regulations. This is marketplace. I'm Amy Scott. Deaths from drug overdoses have risen sharply during the pandemic. Driven in part by the growing use of synthetic opioids, like fentanyl, the drug can be useful for doctors, but can also easily kill someone when it's in counterfeit pills or other drugs. There are ways to test for it. But in some cases, that's illegal too. Madeline Beck with the mountain west news bureau reports now on efforts to change that. The U.S. reached a grim milestone last year. In the 12 months leading to April, 100,000 people died of drug overdoses, a record. One thing that's driving the increase in deaths is the synthetic opioid fentanyl. But there's a way to test whether fentanyl is in a pill using test strips. They're inexpensive about a dollar a piece. They work like a rapid COVID test. One line, if there's fentanyl in a drug solution, two, if there isn't, and some health officials say the tests could save lives. Aryan showers with the New Mexico Department of Health says when people who use drugs have the test, they're more cautious. What we have seen over and over and over again is that it does change the behavior of the drug user. I mean, they will take less, they will take it at a slower pace. So why aren't these test strips easily available? Crime labs across the U.S. are increasingly testing fentanyl using big fancy equipment. Idaho forensic scientist Carrie Hogan says their finding an increasing amount in little blue pills. They are designed to look like oxycodone tablets. So they're around light blue to green in color, and they have an imprint of an M on one side and a 30 on the other. But while fentanyl is showing up more and more, the test strips are not yet widely available everywhere. As of last May, they were illegal in more than half of U.S. states, including Idaho. That's according to the nonprofit legislative analysis and public policy association or lappa. Lap attorney John Woodruff found that in the 70s, many states copied a DEA definition of illegal drug paraphernalia into their own laws. That definition includes tests for illicit drugs. The question is, how do you get the inertia of having a law that's been in place for so long? Changed enough to sort of clearly make it. Hello. Woodruff says lappa plans to draft new language that any state could use to pass legislation that would legalize the test strips. Many legislatures around the U.S. are already trying to change their laws. Nevada legalized test strips last year, but in Pennsylvania, the measure didn't get far. That's something Caroline messerschmidt with Idaho's drug overdose prevention program has been watching closely. I just didn't put the effort behind it that they needed to because there was a southern thing called COVID happening at the same time. Messerschmitt says that's why her health department isn't pushing to change Idaho's law this year. She wants to educate lawmakers first. New Mexico's bill also died in committee last year, and showers says her state's failure to pass it cost lives. Around 250 people, would have likely been saved. Had we initially when we first introduced this bill if we had gotten into half. So we're too late. New Mexico's health department drafted another bill this year. Shower says it goes beyond legalizing fentanyl test strips to legalize other kinds of tests. Sentinel probably isn't going anywhere soon. But we're already seeing analogs to fentanyl that are popping up in the drug supply that are actually not being detected by sentinel test strips. In the states where fentanyl test strips are legal, authorities can use new tools from the federal government. Last year, the CDC and other agencies made it legal.

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