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KLCC Business & Money

Marketplace Morning Report
  • Wealthier foreigners are driving up rental prices and driving out long-term residents in Mexico City. There have been demonstrations there this summer, with some protesters damaging shops and restaurants that cater to tourists. In the popular neighborhood of La Condesa, activists say that as many as one in five homes is now for shorter-term rentals. We'll hear how residents are feeling and learn how the government is responding. But first: good news on wholesale inflation.
  • A U.S. district court issued a preliminary injunction barring President Donald Trump from ousting Federal Reserve Board Governor Lisa Cook, which means she can stay in her job while she fights her dismissal. The central bank is largely supposed to be insulated from politicians. However, this is unlikely to be the final word on the matter. And later, consumers have choices for many services. Why is that not the case with electricity providers?