Economy & Business

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02/23/2018: The NRA's brand trouble

22 hours ago

The National Rifle Association is losing business ties in the wake of the school shooting in Parkland, Florida, last week. SimpliSafe, Met Life, Enterprise and a handful of other companies have said they're done with the group. It's a powerful brand, and companies tend to want to align themselves with a such a big group of passionate potential customers. But in the wake of a tragedy, the calculation looks a little different. That's where we're starting today.

How much do gun-related injuries cost U.S. hospitals?

22 hours ago

Three billion dollars. Yep, gun-related injuries cost the U.S. hospital system about $3 billion each year, according to a study in the journal Health Affairs. Most injuries occur during an assault. And when people wind up in an emergency room, the costs add up to about $100,000 per person. MarketWatch health care reporter Emma Court reported on that data and spoke to the study's authors.

It's almost that time of the year again: tax filing season.

We've got new tax rules that were recently signed into law. Most of the changes from the new law will go into effect in 2019, but there are some issues people ought to think about right now. Investment adviser and certified personal accountant Jonathan Gerber shares five things you need to know about the new law.

1) What impact has the tax reform act had on the tax rates of most Americans?

If you've been watching the Winter Games on TV, you may have noticed there's not a lot of snow in Pyeongchang. While the South Korean region is known for its frigid winters, major snowstorms are rare in February.

That's where Snow Making Inc. (SMI), comes in. The Michigan-based company has installed snow-making machines at seven Winter Olympics, including Pyeongchang.

02/23/2018: Can "Black Panther" shake up Hollywood?

Feb 23, 2018

(Markets Edition) The big financial story of this week: what the guardians of interest rates said about future interest rates. Christopher Low, chief economist at FTN Financial, stopped by to talk with us about how difficult it is to forecast inflation. Afterwards, we'll discuss news that the Chinese government has seized control of Anbang, the firm that owns some famous U.S. properties. Plus: We talk about whether "Black Panther" will help create more opportunities in Hollywood for black actors.

Will “Black Panther” be a game changer?

Feb 23, 2018

"Black Panther" moves into its second weekend in theaters having already posted half a billion dollars at the box office. Sure, it’s a Disney film based on a Marvel comic book, but could it also be a game changer for how Hollywood looks at mostly black casts and distinctly African narratives? 

Click the audio player above to hear the full story. 

The National Rifle Association has backed President Trump's call to arm teachers in the wake of the Florida and other deadly school shootings.

Trump advocated arming school officials, only "if they really have the aptitude." But would this actually help people in the midst of a crisis? 

Real ID fuels demand for passports

Feb 23, 2018

You may have been hearing about something called "Real ID" lately. The Real ID Act, passed in 2005, requires U.S. fliers to have a new, more secure kind of ID card to get through TSA checkpoints. About half of U.S. states are issuing driver licenses that comply, while the rest have been given extensions to get there. When it comes to Real ID, travelers have some choices to make.

Click the audio player above for the full story. 

Supreme Court to hear arguments on "fair-share" union dues

Feb 23, 2018

On Monday, the U.S. Supreme Court will hear oral arguments in Janus v. American Federation of State, County and Municipal Employees — a case that some view as the biggest threat to labor unions in years. If the justices rule in favor of the plaintiffs, millions of public-sector workers would be able to opt out of paying dues to their labor union.

(U.S. Edition) The Chinese government has seized the control of Anbang, a firm that owns some high-profile U.S. properties. We'll look at Anbang's origins and why China is cracking down on it. Afterwards, we'll discuss a major Supreme Court case that could affect economic mobility. The case questions whether public-sector unions have a right to collect fees from government workers who refuse to join. Plus: A look at upgrades to the Real ID, and what could happen if states don't comply with their requirements.  

They are both Hungarian. They are both powerful. And three decades ago, they both worked to topple communism in their homeland.

02/23/2018: Donald Trump Jr.'s business with India

Feb 23, 2018

(Global Edition) From the BBC World Service … The Royal Bank of Scotland turned its first profit in 10 years, but we’ll explain why looming fears about the bank’s actions in the run up to the financial crisis are hitting the bank’s share price today. Then, Donald Trump Jr. is in India today meeting buyers of his firm’s luxury real-estate business…the same day a new report says inequality in the country has risen sharply for the last three decades. Afterwards, royal waters have plenty to look forward to this year with two weddings and a baby on the way.

Government unions face a big court challenge

Feb 23, 2018

On Monday, the Supreme Court will hear arguments in Janus v. American Federation of State, County and Municipal Employees, or AFSCME. It’s the biggest challenge to organized labor in years.  The case questions whether public-sector unions have a right to collect fees from government workers who refuse to join, but are still represented by the union. 

Should we trust Silicon Valley to fix itself?

Feb 23, 2018

The tech industry has a bit of a PR problem. From tech addiction to online bullying and foreign influence over elections, consumers are getting skeptical about tech’s impact on our lives. There’s even a push from within Silicon Valley to find solutions to these and other issues. Former employees of Google, Facebook and other tech firms have founded  the Center for Humane Technology to address tech addiction, a problem they helped create.

The tech industry has a bit of a PR problem. From tech addiction to online bullying and foreign influence over elections, consumers are getting skeptical about tech’s impact on our lives. There’s even a push from within Silicon Valley to find solutions to these and other issues. Former employees of Google, Facebook and other tech firms have founded the Center for Humane Technology to address tech addiction, a problem they helped create.

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