Economy & Business

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The Federal Reserve is signaling that it may be done hiking interest rates this year, amid signs of economic slowing.

The Federal Reserve's Open Market Committee on Wednesday left its target rate unchanged at 2.25 percent to 2.5 percent. And more than half the committee's members signaled they don't expect any additional rate increases this year. That's a sharp change from December when the Fed was anticipating as many as three rate hikes in 2019.

The European Commission is hitting Google with a fine of 1.49 billion euros (some $1.7 billion), saying the search and advertising giant broke the EU's antitrust rules and abused its market dominance by preventing or limiting its rivals from working with companies that had deals with Google. The case revolves around search boxes that are embedded on websites — and that display ads brokered by Google.

How to value a life, statistically speaking

5 hours ago

When we talk about the value of a human life, we normally say it’s priceless. Because it is. But at the same time, economists do put a dollar sign on life in a way.  And so does the government. In fact, that’s how many regulations are evaluated – weighing the cost to businesses with the benefit in lives. This is how the U.S. government came to do so. 

After years of legal battles, a Miami-based company won the right to carry out exploratory oil drilling in the Florida Everglades. A Florida appeals court ordered the state to issue a permit for one deep hole test. This exploratory well would go more than 11,000 feet below the surface, drilling through the porous limestone of the Biscayne Aquifer, which local officials say could put the water supply for millions in southeast Florida at risk. The Florida Department of Environmental Protection refused to issue the permit and requested a new hearing.

Yesterday at the Game Developers Conference in San Francisco, Google unveiled a new gaming platform called “Stadia." Instead of focusing on a local console, the platform will be cloud-based and offer instant access to play from sites like YouTube, meeting both casual gamers and aficionados where they are. The company plans to launch Stadia in North America and Europe later this year.

The E.U. tells everyone to prep for a no-deal Brexit. The Fed announces what it will do with interest rates Tuesday, and it looks like they'll stay put for now. Levi's is back on the stock market, but will it be able to appeal to Millenials? Plus, after years of resistance from environmental groups and legal battles, an oil company will get to explore for oil under the Everglades.

Today's show is sponsored by WordPressBrother Printers and Panopto.

Copyright 2019 NPR. To see more, visit https://www.npr.org.

Copyright 2019 NPR. To see more, visit https://www.npr.org.

Copyright 2019 NPR. To see more, visit https://www.npr.org.

The race to build the next generation of super-fast mobile-data networks has begun in Germany, which started auctioning off its spectrum licenses for 5G on Tuesday.

But this highly technical event has become the center of a geopolitical storm between the U.S. and China, with Europe caught in the middle.

Homer Simpson probably won't become the newest member of the Avengers, but anything's possible now that Disney owns 21st Century Fox.

One year after the Walt Disney Co. announced the $71.3 billion merger, it's official. The deal, which closed Wednesday at 12:02 a.m. Eastern time, reshapes the media landscape and makes Disney an even greater entertainment behemoth. In bolstering its trove of characters and stories, the acquisition also puts Disney in a stronger position to take on Netflix and other streaming companies when it launches its own service, Disney+, later this year.

Facebook changes its targeted advertising system after its accused of discrimination. Levi's is back on the stock market. Plus, we look into the environmental costs of sapphire mining and its effect on the lemur population in Madagascar.

Today's show is sponsored by WordPressBrother Printers and Panopto.

From the BBC World Service… South Africa is in its fifth day of severe power cuts , impacting everything from traffic lights, to water systems, and emergency services. That's as effects of a cyclone in Mozambique add more pressure to an already aging infrastructure suffering from a decade of mismanagement. Then, Taiwan requests new F-16 fighter jets from the U.S. But that could cause ructions in the ongoing trade talks between the U.S. and China.

States. They're just as perplexed as the rest of us over the ever-rising cost of health care premiums.

Now some states — including Montana, North Carolina and Oregon -- are moving to control costs of state employee health plans. Their strategy: Use Medicare reimbursement rates to recalibrate how they pay hospitals. If the gamble pays off, more private-sector employers could start doing the same thing.

This week Marketplace Tech is looking at how an online troll becomes a terrorist, how people are recruited and radicalized online through social media and how companies can deal with it. Host Molly Wood talked with Fathali Moghaddam, a professor of psychology at Georgetown University.

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