Economics & Economy

President Trump pledged sweeping political and economic changes during the campaign. We have no idea if Trump can deliver on those promises, but we can explore what it’s going to take for him to try. It’s all in our series The Big Promise.

Rhonda Glover is between jobs as a home health care aide. For weeks, she’s been talking with different companies. Usually things are going well, she said, until the interviewer asks how will she get to work.

Estee Lauder, meet Kylie Jenner

Aug 18, 2017

Estee Lauder announced earnings this morning. The cosmetics company beat estimates, reporting net income of $229 million, up from $94 million for the same period last year. Net sales rose 11 percent in the fourth quarter. Behind the numbers is the reality that established beauty brands like Estee are facing big challenges from beauty startups like Kylie Jenner's Kylie Cosmetics.

 

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In the week since a white supremacist rally in Charlottesville lead to deadly violence, some of the participants have been outed online and even fired from their jobs. Now, more protests and counter protests are springing up around the country. While the first amendment protects speech — including hate speech, the freedom to express your views and not run afoul of your employer can depend on where you live and who you work for. 

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Is globalization in decline?

Aug 18, 2017

The idea of more open, global trade has been sold as necessary for economic success. Yet today we hear calls to "build a wall" and to break up trading partnerships. Turns out we've seen the pendulum swing between free trade and protectionism many times before. Our series Trade Off looks at key moments when trade barriers have been built up or torn down and at globalization's winners and losers. 

Markets are down in Europe today, after they dropped by more than 1 percent in the U.S. We'll discuss what's contributing to the ongoing downturn. Afterwards, we'll take a look at globalization through the lens of the "elephant chart," a creation from former World Bank economist Branko Milanovic that explains who the winners and losers of this phenomenon are. 

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