Economics & Economy

(U.S. Edition) For three days starting today (Tuesday, May 15, 2018), the office of the United States Trade Representative will hear sharply diverging views from American businesses about $50 billion worth of China tariffs. We hear from the CEO of a Michigan manufacturer, Lucerne International, who says tariffs could cripple the company's supply chain. Then, we check in on Germany's economic growth over the last three months (it's not what analysts expected).

Reddit's CTO on shedding its "dystopian Craigslist" vibe

May 15, 2018

Reddit is rolling out its biggest redesign in a decade. The site has a reputation for being very text heavy and sometimes hosting conversations that can get kind of rough. The redesign comes at the heels of a long effort to clean up those conversations and attract a broader audience. The site’s traffic has more than doubled in the past couple of years, but some loyal users aren’t fans of the redesign.

Will Reddit's new makeover make it more accessible?

May 15, 2018

Reddit is rolling out its biggest redesign in a decade. The site has a reputation for being very text heavy and sometimes hosting conversations that can get kind of rough. The redesign comes at the heels of a long effort to clean up those conversations and attract a broader audience. The site’s traffic has more than doubled in the past couple of years, but some loyal users aren’t fans of the redesign. For our podcast for Tuesday, May 15, 2018, Marketplace Tech host Molly Wood spoke with Chris Slowe, Reddit’s chief technical officer and founding engineer, about the redesign. 

Erdogan sends Turkish lira to fresh low

May 15, 2018

(Global Edition) From the BBC World Service for Tuesday, May 15, 2018: Turkey’s ailing lira has hit a fresh low against the U.S. dollar. President Erdogan issued a direct challenge to the central bank’s independence. But why does the country’s premier believe higher interest rates are “the mother of all evil?" Then, European ministers are meeting to try to salvage the Iranian nuclear deal. We take a look at the economic and political tools the EU can deploy to circumvent US secondary sanctions.

Earlier today, the Supreme Court struck down a federal law that acted as a ban on commercial sports betting in all but four states. To be clear, this ruling doesn’t all of a sudden make it legal  to get some action on tonight’s Warriors-Rockets game, but it could pave the way for legalized gambling in a number of states. That could eventually yield a revenue bump.

Click the audio player above to hear the full story. 

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