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Nova Sappho

๐Ÿ‘ค Speaker
72 total appearances

Appearances Over Time

Podcast Appearances

Marketplace All-in-One
The price of gas is at a three-year high

Much of the Northeast is just shy of $4.

Marketplace All-in-One
The price of gas is at a three-year high

Diesel prices nationally are up from $3.76 before the war to $5.45.

Marketplace All-in-One
The price of gas is at a three-year high

Diesel is the primary fuel for big trucks, freight trains, and farm equipment, meaning large price swings could filter through to other areas of the economy.

Marketplace All-in-One
The price of gas is at a three-year high

Rising gasoline prices were already hurting households.

Marketplace All-in-One
The price of gas is at a three-year high

55% of respondents to a Reuters survey a week ago said their finances had taken a hit.

Marketplace All-in-One
The price of gas is at a three-year high

I'm Novosafo for Marketplace.

Marketplace All-in-One
An entirely new oil disruption

Yemen's Houthi rebel group, which is backed by Iran, over the weekend fired at Israel for the first time since the conflict started.

Marketplace All-in-One
An entirely new oil disruption

This is significant in that the group has previously caused trouble through a different global shipping choke point called the Bab al-Mandeb Strait, which essentially connects the Red Sea to the Indian Ocean.

Marketplace All-in-One
An entirely new oil disruption

Saudi Arabia has been diverting some of its oil shipments to that route via an east-west pipeline that now carries about 4.5 to 5 million barrels of oil per day.

Marketplace All-in-One
An entirely new oil disruption

If the Houthis once again fire at ships crossing the Red Sea Passage, those barrels would have to find another route out of Saudi Arabia, potentially further constraining the global oil supply.

Marketplace All-in-One
An entirely new oil disruption

That could lift prices even higher than they are now.

Marketplace All-in-One
An entirely new oil disruption

I'm Novosafo for Marketplace.

Marketplace All-in-One
Who needs a financial advisor when you have AI?

The new AI application from Altruist is set to ingest documents like tax forms, pay stubs and notes and spit out tax planning advice, traditionally a function of a financial advisor.

Marketplace All-in-One
Who needs a financial advisor when you have AI?

The AI is reducing the cost of intelligence.

Marketplace All-in-One
Who needs a financial advisor when you have AI?

Thomas Schuster is research director at IDC Financial Insights.

Marketplace All-in-One
Who needs a financial advisor when you have AI?

So, which companies might get walloped?

Marketplace All-in-One
Who needs a financial advisor when you have AI?

Sean Dunlop at Morningstar says it's hard to say.

Marketplace All-in-One
Who needs a financial advisor when you have AI?

But it's not clear firms are facing a serious threat at all, in part because we've seen this movie before.

Marketplace All-in-One
Who needs a financial advisor when you have AI?

Financial advisors have offered automated options for at least a decade, but clients haven't used them much, says Dunlop.

Marketplace All-in-One
Who needs a financial advisor when you have AI?

Such low uptake is no surprise to Isabella Loaiza of MIT, who's researched AI's impact on the financial industry.