“Boeing failures are a case study of America’s manufacturing “dark age” from Marketplace “How science could disrupt the gin industry” from Marketplace Join us tomorrow for Economics on Tap! The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern. We’ll have news, drinks and play a round of Half Full/Half Empty. It was a big week for tech earnings calls. Guest host Nova Safo unpacks how they went down for Tesla and Meta, and why the stock market reacted so differently to what their CEOs had to say. Plus, what Boeing’s troubles say about the state of U.S. manufacturing. And ..read more

Stocks fall; consumer spending slows from prior quarter; inflation nearly doubles fourth quarter pace; pending home sales rise ..read more

GDP grew by a lower than expected 1.6%; Initial jobless claims fell to 207,000 last week; Pending home sales rose 3.4% in March; Meta spending on AI triggers selloff in shares ..read more

New emissions standards for fossil fuel power plants would require them to eliminate 90% of the carbon dioxide they emit, or close. But the Supreme Court could strike down the regulations before they go into effect. Plus, New Jersey announces an incentive for residents to sue New York and Congress weighs a new path for funding medical research ..read more

From the BBC World Service: Venice, Italy, has become the first city in the world to charge day trippers. But is $5.30 enough to keep a lid on tourist numbers? And, we’ll take a look at the $300 billion ‘modest fashion’ industry as thousands of models, designers and buyers arrive in Istanbul for Modest Fashion Week ..read more

When Jeff Bezos left Wall Street to start Amazon in 1994, the most common question he got was “What’s the internet?” Fast-forward to today, and Amazon is, of course, the country’s leading online retailer, as well as cloud services provider. In 2022, the company controlled almost 38% of the U.S. e-commerce market. Walmart, its closest competitor, had just over 6%, according to Insider Intelligence. In her new book, “The Everything War,” The Wall Street Journal’s Dana Mattioli documents the tactics she says have enabled Amazon to dominate ..read more

Today, we’re talking about two different kinds of bans. As expected, President Joe Biden signed the TikTok sell-or-ban bill. But first, guest host Meghan McCarty Carino breaks down the Federal Trade Commission’s decision to ban noncompete agreements and their impact on workers and innovation. Plus, we’ll smile about Emily Dickinson and her newfound love of exclamation points!!! And how “old” is “old”? Here’s everything we talked about today: “Business Groups Race to Block FTC’s Ban on Noncompete Agreements” from The Wall Street Journal “FTC Bans Noncompete Agreements That Restrict Job Switchi ..read more

Stocks close mixed; Boeing slows production of 737 MAX planes; mortgage rates at highest level since November; durable goods orders rise ..read more

Congress passed the measure, and Biden has vowed to sign it; Tesla profit falls in Q1; Boeing reports $355 million quarterly loss; Norfolk Southern report meager profit after train derailment settlement; Visa revenues beat forecasts as consumers spent; Labor Department increases overtime eligibility ..read more

Call it a manufacturing resurrection: Orders for durable goods — big-ticket items from washing machines to airplanes — rose 2.6% in March. It’s a sign that manufacturing is coming back online and the economy is getting get back to where the Fed wants it to be. Plus, it’s earnings season. How are companies doing so far? Then, we head to the Spanish city of Algeciras, where one out of four people is unemployed ..read more