May 29, 2024

Brokerages need to pick up the pace

Michael M. Santiago/Getty Images

Stock trades must now be finalized by the end of the following business day. Previously, it was two business days.

Segments From this episode

New SEC rule says stock trades must be finalized more quickly

by Daniel Ackerman

May 29, 2024

Trades must be finalized by the end of the following business day to minimize failures in volatile markets.

"The more a trade is unsettled, the more exposure it has to a fail," said Bob Walley of Deloitte Risk & Financial Advisory.

Michael M. Santiago/Getty Images

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A sunnier consumer confidence

by Sabri Ben-Achour

The yield on the 10-year treasury popped up over the past 24 hours from close to 4.4% to nearly 4.6% — around the highest it’s been in a month or so. Usually, moves in the bond market are telling us something about the economy. What is that something? Let’s ask Julia Coronado, founder of MacroPolicy Perspectives and a professor at the University of Texas – Austin.

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Child care costs are a big part of why Americans feel inflation still stings

by David Brancaccio and Alex Schroeder

May 29, 2024

Prices have climbed persistently, yet the service is persistently scarce. That, in turn, hurts kids and undermines the labor force.

Women are working slightly less since 2019, and the extra time is devoted mostly to child care or elder care, said Diane Swonk, chief economist at KPMG.

Sean Gallup/Getty Images

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The team

David Brancaccio Host

Leanna Byrne Host, BBC

Kelly Silvera Executive Producer

Meredith Garretson Morbey Senior Producer

Alex Schroeder Producer

Erika Soderstrom Producer

Ariana Rosas Producer

Nic Perez Director/Producer

Dylan Miettinen Digital Producer

John Bruington Media Producer

Jesson Duller Media Producer

Brian Allison Technical Director

James Graham Producer, BBC

Jo Critcher Producer, BBC

Naomi Rainey Producer, BBC

Lis Mahy Producer, BBC

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