Kai Ryssdal: Do me a favor would you, and give me a sense of the mood inside the room — or inside the Zoom, I suppose — Tuesday and Wednesday. The Fed is, it seems to the lay observer, a bit more optimistic than it has been in the past couple of months.
Robert Kaplan: Yeah, I think the vaccine has played a big role in increasing our optimism about next year. We're still — around the room, we're very concerned (and I’m very concerned) about the next three to four months, though. We think in the first quarter of 2021, you’re going to have either flat growth, or you could even potentially have slightly negative growth in the United States.
And here's another article:
Why hasn't Congress fixed unemployment insurance? - Marketplace
The unemployment insurance system in the United States is 85 years old; its last major overhaul was in 1976. But those reforms more than 40 years ago left many issues unresolved, even though congressional commissions have studied them twice since then.
Kai Ryssdal: So when the economy started going south back in late February, early March, and those of us who don’t study the labor market and unemployment saw the crater that was happening, I think a lot of people were caught unawares. Were you surprised at all, that the unemployment system sort of got overwhelmed?
How We Survive: Adapting to climate change - Marketplace
Climate change is here. Experts say we need to adapt, but what does that look like? This one-hour special from “Marketplace Tech” explores the role of technology in helping humanity weather the impacts of climate change. The time of complete prevention has passed, and we must turn toward adaptation.
"How We Survive: Adapting to Climate Change" was edited by Michael Lipkin and produced by Stephanie Hughes with help from Jesús Alvarado and Rose Conlon. Scoring and engineering by Robyn Edgar and Ben Tolliday. Original music composed by Ben Tolliday.
Inheriting China policy, Biden will have issues - Marketplace
"I have heard some pretty amazing stories," said Nicole Bivens Collinson, president of international trade and government relations at Sandler, Travis & Rosenberg, PA. Among her clients as a trade lawyer are U.S. companies that do business in China. She recalled one of them, a manufacturer.
"When they tried to invest, they were promised they would have great access to the Chinese market, eventually," but they were required to work with a Chinese partner. And there was another catch. "They were told, however, that when they initially invested that 90% of the goods must be exported. So that's what they did. They began manufacturing exporting 90% of the goods," under the impression that eventually they could sell into China.
This may worth something:
Australian company first to develop fully at-home COVID test - Marketplace
It’s a technology 10 years in the making, with 96% accuracy in clinical trials, and it’s developed by Australian company Ellume.
On the global edition of the “Marketplace Morning Report,” founder and chief executive Dr. Sean Parsons told the BBC's Victoria Craig what makes his kit different from others on the market.
* * *
Craig: How does the kit itself work? If I were to pick it up off the shelf and bring it home, what happens next?
Forbes launches luxury home listing marketplace - HousingWire
A new, invitation-only home listing platform hit the web last week. Forbes launched a luxury home listing platform which the company says will capitalize on its audience and "connect, inform, and inspire high-net-worth potential homebuyers and sellers” about properties for sale around the world.
Forbes Global Properties will be led by Jeff Hyland, president and cofounder of the luxury listing site Hilton & Hyland and Bonnie Stone Sellers, the former CEO of Christie's International Real Estate , who will also serve as chair. Forbes Global Properties is owned and run by brokerages, with a Forbes ownership stake.
Which essential workers should be prioritized for vaccines? - Marketplace
Federal guidelines consider almost 70% of Americans to be working in essential industries . So there are now a slew of companies and trade groups making their cases to federal and state authorities.
“There’s no doubt that there’s going to be a healthy fight over who should be prioritized when it comes to access to vaccines,” said Geoff Freeman, CEO of the Consumer Brands Association.
His organization is fighting for packaged goods workers who keep things like toilet paper and cleaning supplies on shelves.
Mall Santas are doing things a little differently this year - Marketplace
The Mall at Green Hills in Nashville, Tennessee, is still piping in Christmas music, and Santa is in the building. But there’s no line this year. Families just show up for their time slot. And kids don’t sit on Santa’s lap. Instead, they perch on boxes more than six feet away.
“ What do you want Santa Claus to bring you for Christmas?” asked Santa, who also goes by the name Keith Auston.
It’s hard to hear the kids’ answers through the mandatory masks. “Tell you what, you can let your mother know and she can let me know,” he said.
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