Cardiff Garcia

U.S. Alphaville Editor, Financial Times

Cardiff Garcia appears in the following:

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.


'Curbside Pickup' Gains Steam In Grocery Shopping

Thursday, December 05, 2019

"Curbside pickup" is quickly gaining traction in online grocery shopping, and it may be preferable to delivery.


Pennsylvania County Welcomes Refugees With Open Arms

Wednesday, November 27, 2019

A rural county in Pennsylvania was once dubbed the "refugee capital of America" by the BBC. How did Lancaster County earn this nickname?


The Great Cranberry Crash Of 1959

Thursday, November 21, 2019

How did the cranberry go from a seasonal, Thanksgiving favorite to an all-year round, ubiquitous supermarket staple?


Why The American Leather Industry Is Having A Tough Time

Thursday, November 14, 2019

The leather industry hit a peak in 2014. Retailers were forced to find cheaper, artificial alternatives. Now, leather is struggling to regain the market share it lost. The trade war is not helping.


Allowing Foreign Governments To Fund Research At U.S. Colleges Raises Concerns

Thursday, November 07, 2019

As the federal government raises alarm bells about foreign influence on college campuses, some are trying to find the right balance between openness and national security.


WeWork And The Future Of Coworking

Thursday, October 31, 2019

WeWork's name had become synonymous with coworking and it had plans to go public. Until investors had the opportunity to look at the company's books.


Forever 21 Reveals The Flaws Of Fast Fashion

Friday, October 18, 2019

The most recent retail sales numbers suggest American consumers are pulling back. Forever 21 filed for bankruptcy and revealed some big flaws in the business model known as fast fashion.


The Boom And Bust Of Iceland's Tourism Bubble

Friday, October 11, 2019

The now-defunct budget airline WOW got Iceland hooked on tourism. The island nation's economy was reshaped by the tourism boom, and WOW's bankruptcy is changing things again.