Economics & Economy

And now, a currency war?

Jul 20, 2018

President Donald Trump today accused Beijing of manipulating its currency. This is not a new charge. But what has occurred is an 8 percent fall in the Chinese currency against the dollar since the trade spat began in the spring. That helps Chinese exporters, because it effectively makes their products cheaper.  

Click the audio player above to hear the full story.

"Mamma Mia!" The numbers behind the music

Jul 20, 2018

Ten years after the original movie hit the big screen, the sequel, "Mamma Mia! Here We Go Again," has been released.

via GIPHY

The musical follows a single mother, her daughter and three potential fathers — it's a long story — all set in the beautiful (and fictional) island of Kalokairi. 

In honor of the release, let's do the numbers on "Mamma Mia!," the stage production and the movie. 

So long as sharks are terrifying, there will be shark content

Jul 20, 2018

In 1975, "Jaws" became the first movie to gross over $100 million. Its success made it the first summer blockbuster. This summer's shark offering is "The Meg," a story about Carcharodon megalodon, the largest shark that ever lived. The movie is based on a novel written by Steve Alten, who saw "Jaws" when it came out and became obsessed with sharks. It turned out to be a lucrative obsession — sharks are a moneymaker.

In a rare move for a president, Donald Trump has criticized the Federal Reserve’s decision to hike interest rates.

“I don’t like all of this work that we’re putting into the economy and then I see rates going up,” Trump said in an interview with CNBC.

Live every week like it's Shark Week

Jul 20, 2018

President Donald Trump accused China of manipulating its currency today. It's not the first time the White House has thrown out the accusation, but this time it comes amid trade tensions, when the yuan has fallen 8 percent compared to the dollar, which could offset the effects of tariffs. We'll talk about that at the top of the show today, along with Trump's recent comments about the Fed. Then, the latest in Trump’s efforts to roll back Obama-era regulations includes the Endangered Species Act.

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