May 13, 2020

Fed Chair calls for more emergency spending

Jerome Powell, chair of the Federal Reserve, is arguably the most powerful single policymaker in the country. Federal Reserve via Getty Images

Jerome Powell is urging Congress and the White House to spend more money to prop up the economy. Brands are reportedly cutting back spending for TV ads. County officials in Michigan have temporarily stopped foreclosing on properties for unpaid taxes.

Segments From this episode

COVID-19

Big brands are telling TV networks they might not be buying as many ads as planned

by David Brancaccio , Candace Manriquez Wrenn , Rose Conlon and Alex Schroeder

May 13, 2020

More people are at home watching, but there's a lot of uncertainty about the future of TV programming.

As much as $1.5 billion in TV advertising spending could be pulled back.

Pixabay

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Detroit hits pause on tax foreclosures to help homeowners during COVID-19

by Eli Newman

May 13, 2020

Wayne County estimates roughly 10,000 properties were scheduled for tax foreclosure this year, including about 3,200 owner-occupied homes.

Pressing pause on tax foreclosures is a solution to a long-standing problem in Detroit.

Eli Newman

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Music from the episode

Dans Le Noir Dark Rooms

The team

David Brancaccio Host

Victoria Craig Host, BBC

Stephen Ryan Senior Producer, BBC

Jonathan Frewin Producer, BBC

Daniel Shin Producer

Jay Siebold Technical Director

Brian Allison Engineer

Meredith Garretson Morbey Senior Producer

Erika Soderstrom Producer

Rose Conlon Producer

Alex Schroeder Producer

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