Business

Local and national business news.

With a sweeping tax overhaul out of the way, trade could be the next big item on President Donald Trump’s agenda. In the next few weeks, he’ll be making decisions about protecting U.S. industries from global competition. But he’s facing pressure from those who say tariffs will only hurt the U.S. economy. 

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A powerful winter storm — or bomb cyclone — is expected to engulf the East Coast today, dumping feet of snow in New England and carrying winds up to 50 miles an hour. But it’s not just the usual suspects in the Northeast who are feeling the effects of this winter weather — Southern states as far down as Florida, Georgia and Texas have been dealing with ice and snow, too. And because it’s such a rare event, those states are left scrambling to deal with the consequences. 

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(U.S. Edition) Security researchers have been scrambling for months to fix flaws in microprocessors inside almost every computer you touch. We'll discuss why the two bugs— Meltdown and Spectre — are vulnerable to hackers. Afterwards, we'll look at whether Americans really want to know how the products they purchase are made, and then explore what's known as "Fat Cat Day" in the U.K. — the point in time when the average British CEO has already earned what the average worker makes in a year.

(Global Edition) From the BBC World Service...Meltdown and Spectre — those are the two bugs you need to know about today. Intel confirmed that its chips are vulnerable to the security flaw, and security experts have said firms using cloud computing services might be particularly hard hit. We tell you what you need to know to protect yourself. Afterwards, the U.S. and Turkey finally reinstated travel visas this week, but the diplomatic standoff continues after a Turkish banker was convicted in New York in connection with a massive scheme to help Iran evade U.S. sanctions.

01/04/2018: Why are we going back to the moon?

6 hours ago

The Trump administration is asking NASA to send astronauts back to the moon. This would be the first American lunar mission since 1972. The administration says that traveling to the moon will build a foundation for trips to Mars and beyond. But they’ll need to establish funding for it first. Marketplace Tech host Molly Wood talks about the initiative with Kimberly Adams, who follows space for Marketplace. 

The White House was busy while you weren't looking

19 hours ago

If you took a break from the news over the holidays, you may have missed some announcements out of the White House. Specifically, rollbacks on certain regulations pertaining to things from oil and gas to migratory birds.

Cold snaps mean way more demand for natural gas

19 hours ago

There’s plenty of natural gas available to heat and power homes through the cold spell that’s gripping much of the U.S. The problem is getting it where it’s needed, and hiccups in that process can mean price spikes.

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The mystery behind slowing business borrowing

19 hours ago

The amount companies borrow from banks can be an important economic indicator. That’s money those companies might use to buy new equipment or purchase more stuff to sell, or to expand their business or be more productive. And yet, despite a strong economy, last year the rate of business-loan growth slowed. To be clear, it’s not that corporate loans have shrunk, but where loans were growing in the double digits just a few years ago, loan growth was in the low single digits by the end of 2017. 

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Over the past few days, President Donald Trump has tweeted quite a bit about foreign aid. On New Year's Day, he complained about the amount of foreign aid we send to Pakistan and criticized its government for not doing more to stop terrorism. Yesterday, he targeted aid to Palestinians, questioning whether payments should continue. What is the role of foreign aid in American foreign policy?

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Broadway box office has a record-breaking season

20 hours ago

2017 was a great year for musical producers on Broadway. Buoyed in part by the continued success of "Hamilton," the Broadway box office claimed a record-breaking $1.6 billion last year. The previous record was $1.12 billion in 2014. Yet, for every action there's an equal opposite reaction (pardon the "Hamilton" reference). And in this case, in the era of high-grossing musicals, there may not be as much room left for non-musical theater.

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