May 4, 2022

A look at the Fed’s long road ahead

Jim Watson/AFP via Getty Images

The Fed announced another interest rate hike today — larger than the one in March — but reining in inflation is no easy feat. Plus: Companies in Shanghai struggle to get back to business.

Segments From this episode

Limited abortion access could threaten women's role in the economy

by Stephanie Hughes

May 4, 2022

The expected decision means more people will be forced to continue unplanned pregnancies, which can make it harder to find or keep a job.

If Roe v. Wade is overturned, more pregnant people will be unable to work, which could have larger economic ramifications.

David Ryder/Getty Images

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Small businesses are having a hard time attracting and keeping workers

by Justin Ho

May 4, 2022

Because bigger businesses can offer more.

Small businesses with fewer than 50 employees lost 120,000 jobs in April.

Joe Raedle/Getty Images

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Why Fed might not be too upset when stocks fall

by Sabri Ben-Achour

May 4, 2022

All major indices are down for the year. That's probably something the Fed isn't all that mad about.

If the value of people's stock investments go down, they may be less inclined to spend — at least a little.

Spencer Platt/Getty Images

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COVID-19

Shanghai firms drift back to work but hurdles remain

by Jennifer Pak

May 4, 2022

Shanghai is allowing a small number of firms to resume operations. In a heavily locked-down environment, many of them are finding it's not that easy.

Regular COVID-19 tests are required for workers in Shanghai who receive work permits — though the process to getting there can be arduous.

Jade Gao/AFP via Getty Images

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Music from the episode

Feel It Still - Medasin Remix Portugal. The Man, Medasin

First Choice Oddisee

El Otro Chile Portavoz, Stailok

El Jardin Hermanos Gutiérrez

Mad (feat. Lil Wayne) Solange, Lil Wayne

Cariño The Marías

Be Good 2 Me LUXXURY

The team

Nancy Farghalli Executive Producer

Maria Hollenhorst Producer II

Andie Corban Producer I

Sean McHenry Director & Associate Producer II

Richard Cunningham Associate Producer I

Dylan Miettinen Associate Digital Producer

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