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Puerto Ricans fleeing Maria seek a New York foothold

Nov 6, 2017

On a crisp fall day, Jenny Nieves put on a borrowed winter coat and went to pick up her new benefits card – for “food stamps, Medicaid, [and] some cash too,” she said. Nieves and her 14-year-old son have been in New York for just over a week. They’re living with her niece in a one-bedroom apartment in the Bronx. She left her home in Luquillo, about 45 minutes from San Juan, because of the lack of power and water, the empty store shelves and long lines for food. Her son is home-schooled, and he couldn’t do any of his online coursework without the internet.

A long-time aide to U.S. Secretary of Commerce Wilbur Ross was playing two roles simultaneously in May when she helped land a trade deal with China to increase exports of liquid natural gas: key negotiator representing the United States, and board member of a shipping company in partnership with the Russians that could gain from the deal.

Stephen Smith

Kim Sook-nyeon, 69, lives in a cozy apartment in Seoul with her son. His name is Layne Fostervold. And he’s an American who grew up in Willmar, Minnesota.

Fostervold was adopted when he was about 2 years old and says he had a good childhood. But he couldn’t shake the questions he had about his biological mother back in South Korea.

“I always felt my mom tried to keep me for a while or was trying to make it work,” he says. “And then for whatever reason [it didn’t work], but I felt like for my entire life she really wanted to keep me.”

Stephanie Keith/Reuters

Allahu akbar made headlines again this week.

The suspect in the New York City terrorist attack reportedly shouted the Arabic phrase meaning “God is greatest” after driving his truck down a bike path on Tuesday, killing eight people.

What it is like to win the green card lottery

Nov 6, 2017

Since this week’s terror attack in New York, attention has focused on how Sayfullo Saipov came to be in the US. Saipov was admitted under the US diversity visa lottery — better known as the green card lottery — a scheme which lets around 50,000 people every year into the country, selected at random and vetted for police records. 

On Wednesday, President Donald Trump announced that he would be taking action to cancel the lottery — although he initially called it the "diversary" lottery. 

11/06/2017: The power of the New York Fed

Nov 6, 2017

(Markets Edition) A senior figure at America's central bank — William Dudley — is leaving the New York Fed after eight years. Julia Coronado from MacroPolicy Perspectives is here to explain the importance of this regional branch to America's monetary system.  Then, we'll chat with Marketplace senior correspondent Krissy Clark about the new season of our documentary podcast "The Uncertain Hour." She chats with us about this season's theme: federal regulations. Who do they protect?

Commerce Secretary Wilbur Ross has business ties to an energy firm owned by associates of Russian President Vladimir Putin, according to documents leaked from Appleby, a Bermuda-based law firm.

China sees green

Nov 6, 2017

The annual U.N. climate talks are underway in Bonn, Germany for the next two weeks. This marks the first of these conferences since President Donald Trump announced he’d pull the U.S. out of the Paris Climate Agreement. As the U.S. cedes global leadership in the fight against climate change, China is stepping up. But it’s more about pushing exports than combating asthma.

Click the audio player above to hear the full story.

Today the House Ways and Means Committee meets to debate the bill to overhaul the tax code. Officially it’s called a markup: committee members offer amendments before it goes to a House vote. What happens during a markup – and what could we see here? 

Click the audio player above to her the full story. 

(U.S. Edition) As part of an anti-corruption drive, dozens of Saudi princes and businessmen are under arrest in Riyadh. We'll take a look at some of the key players involved, and how this could affect the planned IPO of  Saudi Aramco, which could become the largest-ever public offering. Afterwards, we'll look at a leak of documents, known as the "Paradise Papers," that indicate U.S. Commerce Secretary Wilbur Ross has previously undisclosed business ties to an energy firm owned by friends and family of Russian President Vladimir Putin.

In a long-ago neutron star collision, scientists find a cosmic goldmine

Nov 6, 2017

Around 130 million years ago, two neutron stars — those strange, compacted cores of dead stars — smashed into one another. The resulting “kilonova” explosion sent ripples through space-time and hurtled heavy metals like platinum and gold into space. Now, astronomers have detected the signals from that long-ago collision, in the form of gravitational waves and electromagnetic signals. 

(Global Edition) From the BBC World Service ... In a move that he says was meant to clamp down on corruption, Saudi Arabia's new crown prince Mohammed bin Salman has jailed over a dozen princes and ministers (though the jail, it should be said, is the Ritz-Carlton) — causing surprise and consternation among the international business community. That's because one of those jailed is Prince Alwaleed bin Talal, who has invested heavily in U.S. companies like Twitter, Apple and Citigroup.

The recent allegations against film mogul Harvey Weinstein have sparked a global conversation about the issue of sexual harassment in the workplace. We devoted all of Friday's episode of PRI's The World to workplace sexual harassment. Listen to the entire program below or scroll down to hear specific segments. 

Take our survey about sexual harassment in the workplace, below

How The Microbiome Can Affect Cancer Treatments

Nov 4, 2017

Defending Science In A ‘Post-Truth’ Era

Nov 4, 2017

When Science Takes The Freelance Route

Nov 4, 2017

Killer Cone Snails…For Your Health?

Nov 4, 2017

Does Math Have A Place In The Courtroom?

Nov 4, 2017

Kai gets into a weedy economic conversation about the tax bill with Kevin Hassett, chairman of the White House Council of Economic Advisers. There’s still a lot to unpack about the bill, which we also discuss with Sudeep Reddy of Politico and the Los Angeles Times’ Don Lee on the Weekly Wrap, and with advocates for small business owners. And in not-tax-related news, a preview of President Donald Trump’s upcoming travels to Asia as America’s brand ambassador and why an unconventional faction will be leading the U.S. envoy at next week’s United Nations climate talks in Germany.

What will the GOP tax bill do for the economy?

Nov 3, 2017

Sudeep Reddy of Politico and Don Lee of the Los Angeles Times join us to discuss this week’s business and economic news. We breakdown what exactly the 261,000 new jobs, the dropping of the unemployment rate and the new GOP tax plan mean for the economy. We also discuss what changes could happen when Jerome Powell replaces Janet Yellen as Federal Reserve chair. Lastly, we touch on what to expect of President Donald Trump’s Asia trip. 

Small business takes on GOP over tax bill

Nov 3, 2017

Congressional staffers, lobbyists, think tanks, and many others are getting ready for a weekend of digging through the 400-plus page GOP tax bill. They will be sorting out where to pick their fights come Monday, when the bill heads to the House Ways and Means Committee for markup. Already weighing in are small businesses, many of which are none too happy with the current version of the Republican tax plan.

Click the audio player above to hear the full story.

President Donald Trump leaves today on an 11-day trip to Asia, by way of Hawaii. It will be his longest foreign trip as president and the longest visit to the region by any U.S. president in 25 years. The schedule includes stops in five countries and two international summits. Other Pacific leaders will get a chance to figure out how President Trump's "America First" policies figure into trading relationships with the U.S. And American officials will get a chance to assess how "Brand America" is faring in the region right now.

The new Republican tax plan, unveiled Wednesday, proposes a few key changes for current and future homeowners.

Under the existing tax rules, homeowners can deduct mortgage interest on loans up to $1 million. However, under the new GOP tax plan, homeowners would be limited to a deduction on no more than $500,000 of home loan debt. The new limit would only apply to future mortgages; existing mortgages would be grandfathered in.

The GOP tax bill is under a microscope as tax analysts, lobbyists and accountants try to figure out what the proposed changes will mean. One of the details that may lead to a fight is how the plan treats so-called “pass-through” businesses, privately held companies that make up 95 percent of U.S. businesses, whose profits are taxed at the owner’s income rate. Today, that income tax rate can be almost 40 percent. The GOP plan would lower that rate to 25 percent, but not for everyone. 

Click the audio player above to hear the full story. 

Want a more diverse and younger theater audience? There's an app for that

Nov 3, 2017

On an unusually warm evening this fall, Cierra Gause got dressed up and took her friend, Oje Belo, to a Broadway show. The two tickets to see a revival of “Time and the Conways” cost her only about $40 thanks to a digital lottery held by TodayTix, an app for theater tickets.

This isn’t the first time that Gause has used the app to look for tickets that are affordable. “Especially for students like me,” she added.

11/03/2017: A very divisive tax bill

Nov 3, 2017

(Markets Edition) The October jobs report is officially in, and the numbers reveal that the U.S. added 261,000 jobs last month while the unemployment rate dipped to 4.1 percent — the lowest in 17 years. We'll look briefly at whether this labor market is doing as well as it seems, and then chat with Glenn Hubbard, former chair of George W. Bush's Council of Economic Advisers, about the divisiveness surrounding the House GOP's new tax bill. Will this potential tax overhaul actually promote growth?

The surprising history of the green card lottery

Nov 3, 2017
Shannon Stapleton/Reuters

Shortly after the vehicle attack in New York on Tuesday that killed eight people and injured about a dozen others, President Donald Trump took to Twitter to react:

Apple released its latest earnings report on Thursday and the numbers were above expectations. Revenue is up 12 percent from the same quarter last year, making the iPhone 8 and 8 Plus the company's best-seller. Those numbers are expected to rise with the release of the iPhone X today. While Apple is a major player in the U.S., it also needs China to continue to grow.