Business & Education

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The past two years have been a time of reckoning for pharmaceutical manufacturers over their role in promoting opioid drugs that have fed a national epidemic.

Disney has moved one step closer to purchasing a big chunk of 21st Century Fox. On Wednesday, the Justice Department announced it had approved the proposed deal, valued at a total $71.3 billion.

Adam Smith and John Maynard Keynes are two of the most famous and foundational economists of all time. They also both have birthdays in June. To celebrate these important birthdays, the Indicator takes a look at whose ideas are more relevant today. Cardiff and Stacey pick sides and duke it out.

Music: "Broncos & Bravados"

Captivating America: Civility War

Jun 27, 2018

The Trump administration will not impose blanket restrictions on Chinese investment in the U.S., but will instead rely on enhancements to an existing review process in an effort to protect the country's sensitive technology know-how.

The decision follows a lengthy debate within the administration over how to deal with China's aggressive push into industries of the future and what the White House considers China's unfair treatment of U.S. firms' intellectual property.

If you own a restaurant, plumbing company or other small business, you may be intrigued by the expected expansion of association health plans under a new rule that got a stamp of approval from the Trump administration last week.

Will they meet your needs? Save you money?

Those are important questions for small businesses and self-employed people who struggle to buy affordable insurance for themselves and their workers.

Sen. Claire McCaskill On Tariffs' Impact

Jun 27, 2018

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Iran's capital has been racked by protests this week over a plunge in the value of the country's currency, the rial. Crowds at one point shut down Tehran's sprawling Grand Bazaar, an economic center and a place where the 1979 revolution gained footing.

Sallie Krawcheck, formerly a senior Wall Street executive at Sanford Bernstein, Citigroup and Bank of America, recently founded Ellevest, an investing platform for women. We invited her to play a game of overrated/underrated and weigh in on everything from the gender pay gap to South Carolina barbecue to the scourge of the standing desk.

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A few weeks into his presidency, Donald Trump invited executives from Harley-Davidson to meet with him at the White House. He wanted to highlight the company as a model for American-based manufacturing.

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The Beautiful Indicator

Jun 25, 2018

Everyone's caught up in World Cup fever, and Team Indicator is not immune. Today on the show: Cardiff, Stacey, and the gang sneak out of the office and set up shop in an Irish pub to explore the many ways in which the world's largest sporting event neatly explains the modern economy.

Music by Drop Electric. Find us: Twitter/ Facebook.

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One Big Thing: An Interview With Mike Allen

Jun 25, 2018

Situational Awareness We’re at the Aspen Ideas Festival and we’ll be bringing you interviews with festival speakers and attendees all this week.

Mike Allen has been called “the man the White House wakes up to.”

Updated at 8:08 p.m. ET

President Trump is unhappy with Harley-Davidson's plans to move production of motorcycles it sells in Europe overseas, in response to growing trade friction between the United States and Europe.

In a tweet sent out Monday afternoon, Trump said he was surprised that Harley-Davidson "of all companies, would be the first to wave the White Flag. I fought hard for them...."

At Union Avenue Elementary School in Los Angeles, a classroom of fifth grade students are buzzing during the last week of school.

The students are high-fiving, grabbing popcorn and forming a circle around a makeshift stage.

One of those students is Dylan Martinez — he's here to celebrate a movie he made.

"My film is about a scared plumber," Martinez says. "We pretty much put all the scripts together, all the screens together, went to the places where we filmed our scenes, and we edited, put music, looked for music, and that's it!"

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Elizabeth Holmes is — or maybe that should be was — rich, charismatic, and accomplished, the founder and CEO of a company valued at $10 billion dollars that supposedly had developed a device capable of running scores of tests on a tiny, pin-prick drop of blood.

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A new study published in the journal Science finds that methane emissions from U.S. oil and gas operations are 60 percent higher than previous estimates from the federal government.

If you pay MoviePass 10 dollars a month, you can go to the movies every day. That's a dream for movie buffs, and it's attracted a lot of subscribers. But it also means the company is losing millions of dollars every month.

But this business model — lose lots of money up front and find a way to be profitable later — is becoming more common these days. But is it really sustainable? Today on the show, how MoviePass CEO Mitch Lowe is trying to come up with an answer.

It's the summer driving season, when millions of Americans take road trips to the beach, big cities, national parks and beyond.

And what goes along with an increase in road trips? A hike in gas prices.

Indeed, historically summer is the time of year gas prices go up because more people are on the road, increasing demand. Oil refineries also introduce special fuel blends during the summer, which emit fewer emissions than winter blends but are more expensive to produce.

Ranking U.S. House Democrats are calling for an ethics investigation into Interior Secretary Ryan Zinke. They want to know more about a land deal between Zinke's family foundation and a real estate project with ties to the oil and gas giant Halliburton.

More than $3 billion worth of U.S. goods — from bourbon and corn to Harley-Davidson motorcycles — are now subject to a 25 percent tariff in the European Union, in retaliation for the Trump administration's tariffs that hit the EU, Mexico and Canada this month.

"The trade that we believe in is built on rules, trust and reliable partnership," Jean-Claude Juncker, president of the EU Commission, said in a speech in Dublin on Thursday night. "The United States' decision to impose tariffs on Europe goes against that. In fact, it goes against all logic and history."

EU Begins Tariffs On U.S. Goods

Jun 22, 2018

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Updated at 9:42 p.m. ET

Charles Krauthammer, the prominent Pulitzer Prize-winning columnist for the Washington Post and commentator for the Fox News Channel, has died.

His death was confirmed by Fred Hiatt, the editorial page editor for the Post. The cause of Krauthammer's death was cancer. He was 68.

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OK, so the Dow Jones tracks how 30 big companies are trading. These companies are all American, all blue-chip. This week's GE news got us wondering, why 30? And how relevant is the Dow these days as a measure of the health of the economy?

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