Los Angeles could become the biggest U.S. city to start a guaranteed income program. LA Mayor Eric Garcetti will be asking the city council to set aside $24 million for a program that would pay out $1000 in monthly payments to 2,000 low-income families. There is some data from similar programs that show it does help beneficiaries, but it doesn’t fare well in overall in public polling. Chris Palmeri, LA Bureau Chief at Bloomberg News, joins us to discuss the new plan.
Next, vaccinations rates are going up and people are ready to get out there and start shopping again, but how will consumer spending change? With the increased use of delivery apps and curbside pickup, grocery shopping might see the most sustained changes. Younger shoppers will also be a big force in apparel spending and more eager to interact with people outside of their households. Melissa Repko, retail reporter at CNBC, joins us for more.
Finally, it seems that the fight to unionize at an Amazon warehouse in Bessemer, Alabama may not be over yet. The Retail, Wholesale and Department Store Union filed objections alleging that Amazon illegally interfered with the votes. This comes after the employees there overwhelmingly voted against forming a union. Annie Palmer, technology reporter at CNBC, joins us for what’s next in what could be a lengthy legal challenge.
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