Audioburst Search

Coming up next

United States, Federal Reserve System, Andrew Walker discussed on Marketplace Morning Report with David Brancaccio

Marketplace Morning Report with David Brancaccio
|
3 months ago

States scramble for medical supplies as national stockpile runs low

The Al Malmberg Show
|
1 hr ago

Inmate dies after contracting coronavirus at Louisiana federal prison

All Things Considered
|
1 hr ago

Cuomo: NY coronavirus cases could peak at end of April

All Things Considered
|
3 hrs ago

Man hid coronavirus symptoms to visit wife in maternity ward

KRLD News, Weather and Traffic
|
5 hrs ago

Democrats emphasize infrastructure in "phase 4" coronavirus proposal

Rush Limbaugh
|
6 hrs ago

Trump may be a lot more vulnerable than you think

Rush Limbaugh
|
8 hrs ago

"I heard the roar": Strong earthquake rocks central Idaho

Morning Edition
|
14 hrs ago

Church packed for services again despite charges against pastor

10 10 WINS 24 Hour News
|
9 hrs ago

It's the first of the month. Do you need to pay rent?

10 10 WINS 24 Hour News
|
9 hrs ago

Trump rolls back US fuel economy standards

Bloomberg Daybreak
|
14 hrs ago

Boston Tops 1,000 Coronavirus Cases

WBZ Afternoon News
|
5 hrs ago

Gov. Ron DeSantis to issue statewide stay-at-home order for Florida

Noon Report with Rick Van Cise
|
5 hrs ago

Coast Guard Tells Cruise Ships With COVID-19 Cases To Stay Away From U.S. Ports

KNX Midday News with Brian Ping
|
5 hrs ago

University of California suspends admission testing requirements because of coronavirus pandemic

KNX Midday News with Brian Ping
|
5 hrs ago

Texas Gov. Greg Abbott says religious services should be conducted remotely or adhere to social distancing guidelines

Michael Wallace and Steve Scott
|
6 hrs ago

Atlanta - Fulton County residents ordered to shelter in place

Rush Limbaugh
|
6 hrs ago

Louisiana faces an acute shortage of beds and ventilators as coronavirus cases continue to spike

Markley and Van Camp
|
7 hrs ago

Wimbledon canceled for 1st time since World War II because of coronavirus pandemic

Newsradio 950 WWJ 24 Hour News
|
8 hrs ago

Is It Safe to Go to the Grocery Store Amid Coronavirus?

Herman Cain
|
9 hrs ago

Philadelphia - Montco officials call out Exelon for not social-distancing

KYW 24 Hour News
|
10 hrs ago

Indianapolis - Health insurance provider, Anthem, accused of duping the Medicare system out of millions of dollars

Tony Katz and the Morning News
|
12 hrs ago

Seattle - Everett's Angel of the Winds Arena opens as a coronavirus quarantine site

First Light
|
13 hrs ago

ESPN moves up release of Jordan and Chicago Bulls series two months early amid lockdown

This Morning with Gordon Deal
|
14 hrs ago

Automatic TRANSCRIPT

The oil price spike after. US Air strikes in Iran for marketplace. In Austin Texas. I mean you're in for David Brancaccio. The price of oil has increased sharply following what was essentially the assassination of Iranian general. Qassim Sulejmani both Brent crude and West Texas intermediate up around four percent. It's reaction to concerns that the oil supplies from the Middle East could be severely disrupted if the conflict were to escalate the BBC's Andrew Walker has more several of the world's biggest oil producer in the area that could be affected if there were a wide military confrontation involving Iran as much as a fifth of global supplies pass through the Strait of Hamas a narrow passage which wjr provides access to the Gulf Iran on its northern shore and it has poor relations with the region's biggest oil producer. Saudi Arabia disruption to the straight would affect global supplies and the mere possibility that it might happen was enough to send prices rising the BBC's Andrew Walker. Let's do the numbers the foot. The in London is down more than half if a percent the German DAX is down even more at more than one and a half percent. Dow S&P NASDAQ futures are also down one point three to one point five range. The Federal Federal Reserve Bank of Philadelphia predicts that the economy's in nine. US states will shrink in the first half of the year Margaritas Marielle. Sarah has been following this and joins me live Mariel which nine states we worried about a bunch of states on the East Coast actually so Connecticut New Jersey Delaware Pennsylvania Vermont and then also in West Virginia Kentucky Oklahoma and Montana. Okay so how did researchers come to this conclusion. They look at a lot of data on the housing zing market on unemployment on interest rates in manufacturing and they tried to make predictions and as you said the report came out of the Philadelphia Alpha Fed which is an arm of the Federal Reserve System when we talk about the Fed. We often talk about chair. Jay Powell or the Board of governors in DC but remember for the Fed is made up of twelve regional banks that among other things collect data and make these kinds of projections in this number nine states. That sounds like a lot. Yeah it is at the Fed does this particular projection monthly and this is the most states it has put in the shrinking economy column. Since the financial crisis says marketplace's Mary also thanks. Thank you. Labor unions have face tough times during the trump administration. Heading into twenty twenty. The Labor Department is expected to continue Rolling Rolling Back Obama era rules and policies that made union organizing a little bit easier. Marketplace's Mitchell Hartman. Has More labor unions finished twenty nineteen with some momentum them the U. A. W. held tough in strike against GM and the AFL cio one better labor protections in the new trade agreement with Canada and Mexico. Icho but going forward. The Labor Department's making it harder for unions to organize collect dues and fight anti union campaigns Benz Zipora Economic Policy Institute says there could be new limits on who can even be in a union. The trump administration has proposed that graduate. The student workers shouldn't be counted as employees with protected bargaining rights. The pendulum is swinging back toward employers. Says Shannon farmer at law. Firm Ballard. SPAHR MIX GONNA make it harder for union to get very quick election catch employers unprepared. which a lot of employers felt happened under the existing all last year union membership fell to ten and a half percent of the? US workforce half what it was in the early nineteen eighties. I'm Mitchell Hartman for marketplace Load Twenty twenty and to all the new marketplace investors who joined us before the end of the decade. Thank you for being part of this community of donors who believe in the importance of trustworthy independent news and information. It's your ongoing support that keeps us is going strong and helps make people smarter everywhere. Thanks again and happy New Year sometime this year. If you believe tech firms optimistic deadlines some big name. Companies are going to start to test flights of air-taxis think one of those annoying buzzing drones but big enough to carry people over the traffic below but mark plays Jack Stewart reports. That a lot will need to happen to make what's being called a new era of flight real safe and affordable if I have to drive from my house to nearby Dodger Stadium on a game night my heart sinks. It's even worse than normal. La Traffic the has to be a better way. Oh Yeah as you can see in the APP it lists Common travel time on road and also What flight times would be so it helps you? Imagine a future of how you would fly. KYLO INS is with Otis elevators. That's just one of the many companies looking at the opportunity and air taxis in this case getting people to the top of nearby tall buildings to catch a shared ride. And it's built an APP up to do it. It says the stadium is three minutes by. Let's go so he's like the dodgers stadium now. The APP will guide us from where we are currently standing over to the Elevator Bank. Doc and then it'll bring us up to where the helipad would be. I WANNA see this. Let's going in there. Are Those this report now. Taxis don't actually exist yet. So although companies like Bell Helicopter Airbus and Boeing or working on them. So I'm going old school with a helicopter. Jonathan Hartman is the disruptive technologies lead at Sikorsky. That's one of the major helicopter manufacturers and is working on this next generation of transportation. And what we're looking for into the future is how that third dimension of Mobility can help access society as congestion continues as to grow the ground. This trip over the traffic is fast and the views a great but helicopters a big loud expensive to run and restricted as to where they can fly fly inland. So they're never going to be a solution for everyone back on the ground hop and told me that the next generation of drone like at transport machines call them flying cars. If you want we'll be electric quieter and cheaper to run. I think we can start talking about solutions that that are comparable to ground transportation prices. I think we can start talking about solutions that are accessible to everyone. Experts say it's crucial to introduce any new technology like this to cities in a fair way Harrison Wolf from the World Economic Forum joins me on my flight. He focuses on aerospace and drones. We want to think through where infrastructure picture gets placed how to support these mechanisms so that those communities that have been left behind art in the future Yuba wants to be the platform for shed at transit. And it's promising atmosphere commercial service in Dallas and here in La by twenty twenty three on Jack Stewart for marketplace. Our executive producer is. Nicole childers our digital producer sir. Miguel contreras our engineer is Brian Allison. Our fellow is Erica. SODASTREAM in Austin. I'm Andy Euler with the marketplace morning report.