Cardiff Garcia

U.S. Alphaville Editor, Financial Times

Cardiff Garcia appears in the following:

Egg Prices Skyrocket During The Pandemic

Tuesday, September 08, 2020

The price of eggs skyrocketed at the start of the pandemic. That had some states crying foul — and filing suits against egg companies.


Why Millions Of Americans May Soon Face Eviction

Friday, August 28, 2020

With government support programs suspended and no immediate prospect of a resolution, millions of renters in the U.S. could soon be facing evictions.


'Planet Money': What Will It Take To Speed Up The Vaccine Process?

Thursday, August 27, 2020

It seems everyone wants to develop a coronavirus vaccine. But vaccine development usually takes years. The White House is betting money can speed things up.


U.S. Sees Housing Boom Amid Economic Crisis

Wednesday, August 12, 2020

Most of the U.S. economy is in decline due to the COVID-19 pandemic, but home sales are skyrocketing at a record pace. NPR's The Indicator from Planet Money discusses the boom.


Pandemic Puts Restaurant Owners In The Business Fight Of Their Lives

Friday, July 31, 2020

Restaurants are going out of business in droves. But some are battling hard to keep their doors open.


Companies Are Getting Creative To Find Ways To Store Crude Oil Surplus

Thursday, July 23, 2020

The oil market is oversupplied, partially due to the global economic slowdown. And companies have to come up with creative ways to store excesses of oil.


How Much Would Coronavirus Vaccine Cost?

Friday, July 03, 2020

Governments and drug companies agree there is an urgency to develop a vaccine for COVID-19. But their motives for developing it are different — and it might hugely affect the vaccine's price.


Planet Money Indicator: Corporate Debt During The Pandemic

Friday, July 03, 2020

The coronavirus crisis has left many companies with huge budget shortfalls and some have turned to borrowing. There is a new strategy that some companies have adopted to control their debt.


Police Fines Fund City Budgets, But At A Cost

Friday, June 19, 2020

NPR's daily economics podcast The Indicator from Planet Money investigates how the fees and fines that make up city budgets disproportionately target low-income communities and communities of color.


The Link Between Disproportionate Police Brutality And Police Unions

Friday, June 12, 2020

Data shows that the police's disproportionate use of force is associated with the fact that it is hard to prosecute officers for wrongful killings — and one possible reason for that is police unions.


Fashion Brands Propel The Rise Of The Designer Mask

Thursday, May 14, 2020

Wearing masks in public has become more common in the U.S. amid the pandemic. Fashion historian Valerie Steele discusses how medical masks give rise to the "fashion mask."


COVID-19 Pandemic Puts Rural Hospitals Under Even More Pressure

Thursday, April 23, 2020

Rural hospitals already walk a scalpel's edge between solvency and collapse. The coronavirus outbreak threatens to push many of them over the brink.


Sweden's Controversial Decision To Not Lock Down The Country

Wednesday, April 15, 2020

Most of the world's major economies are on lockdown to combat the coronavirus. But the Swedish government has kept the country open — claiming it is better for the economy and for public health.


Hair Products Entrepreneur Finds A Way To Keep Her Business Afloat

Friday, April 10, 2020

Faced with the prospect of closing up shop because of the coronavirus, some companies are retooling and pivoting to keep their doors open, and their workers employed.


In Beijing, There Are Small Signs That Brighter Days Are Ahead

Friday, March 27, 2020

China's government is beginning to lift restrictions that were in place during the height of the coronavirus outbreak. So how do residents feel as life slowly starts to return to normal?


When The Coronavirus Outbreak Creates A Panic-Buying Boom For Your Product

Friday, March 13, 2020

The coronavirus has given stock markets and the global economy a whack. Some businesses are feeling pain, while others are seeing gains. And a handful of companies are experiencing both.


How Netflix Funded Its Content Production — With The Help Of Junk Bonds

Thursday, March 05, 2020

Netflix had to become a content producer to compete with other streaming services. To raise the money to pay for all that content, the company turned to junk bonds.


Stellar Corporate Credit Ratings Are So 1980s

Friday, February 14, 2020

It used to be that companies strove for the best credit rating possible. These days, however, America's corporations seem happy to slide by with a passing grade.


Why The Cost Of Air Ambulances Is Rising

Wednesday, January 29, 2020

Air ambulances used to be operated primarily by hospitals but now many private companies provide this service. Despite the increased competition, the cost of taking an air ambulance has soared.


Gender Bias Reveals Consequences For Female Artists

Friday, January 24, 2020

Art by women and men is valued differently. Fine art by women, on average, is valued much less than men's pieces, and are routinely left out of major museums.