Our lead story: Emerging market unrest Hundreds of thousands of Brazilians are making their dissatisfaction loud and clear. On Sunday, residents poured into the streets of cities and towns across the country for anti-government protests that outright called for the impeachment of President Dilma Rousseff, who has become increasingly unpopular amidst a snowballing corruption scandal involving Brazil’s state-owned oil giant, Petrobras. And we’re now learning about some of the businesses that were impacted by those tragic chemical explosions at the Tianjin port in China, where 114 people lost their lives, with 70 still missing. Thailand is also dealing with tragedy. A bomb exploded in central Bangkok on Monday, at a renowned shrine, killing at least eighteen people, injuring over a hundred more. Ameera David weighs in. Then Tim Duy, professor of economics at the University of Oregon and the senior director of the Oregon Economic Forum, is on the show to talk about the Federal Reserve and inflation. Tim sees a hike in rates in September as more likely than not. And though Duy believes the Fed has been overly optimistic in the past about both economic growth and inflation, he does not believe the Fed will stay the course on rates because of China-induced market or economic turbulence. After the break, Boom Bust’s Erin Ade takes a look at the effect on oil prices from a combination of factors like a second quarter slowdown in China, and economic contraction in Japan. Oil prices have fallen to near six and a half year lows. ... https://www.youtube.com/watch?v=GqexnygnEco

Optimism is rallying in the markets on the hope of a new treatment to battle COVID-19. We dig into the state of stocks and what the future could hold in the fight against the novel coronavirus. Plus, American Express has managed to break into the Chinese market, but can it compete with the nation's domestic firms? #BoomBust #QuestionMore #RTAmerica Follow us on Twitter: https://twitter.com/RT_BoomBust Check us out on Facebook -- and feel free to ask us questions: http://www.facebook.com/BoomBustRT Follow Christy Ai on Instagram: https://www.instagram.com/christai_ai/ ... https://www.youtube.com/watch?v=HmWzypsaggs

On Tuesday, Federal Reserve Chairwoman Janet Yellen testified before the Senate Banking Committee for the first time since Republicans gained control of the Senate in January. While addressing the committee, Yellen made a lengthy case against Audit the Fed legislation. While waving the report in the air, Yellen warned that the bill would make the Fed less effective and harm the US economy. Yellen also told us that the Fed is not poised rates for at least a number of months, but expectations are still for a rate rise sometime this year. Erin weighs in. Then, Erin is joined by Barry Eichengreen – professor of economics and political science at the University of California, Berkeley and professor of American history and institutions at the University of Cambridge. Barry gives us his take on Yellen’s commentary on the Fed’s interest rate policy and how serious the prospect of deflation is. He also dismisses “Audit the Fed” as a potential politicization of central bank policy that would be negative for decision-making. After the break, Erin sits down with James Galbraith – professor of government at the University of Texas at Austin and author of “The End of Normal.” James gives us his positive take on US Senator Bernie Sanders and US Senate Budget Committee Chief Economist Stephanie Kelton and explains how their economic proposals are different than what other Democrats have put forward. Professor Galbraith also weighs in on the US economy and Fed policy. He sees an over-reliance on monetary policy that has limited expansion but believes the Fed has done well within the confines of the existing policy approach. And in The Big Deal, Erin and Edward Harrison discuss boxing and the estimated revenue of the upcoming “Fight of the Century” between Floyd Mayweather and Manny Pacquaio. The purse will be an estimated $200 million, breaking all historical records. Take a look! Check us out on Facebook -- and feel free to ask us questions: http://www.facebook.com/BoomBustRT ... https://www.youtube.com/watch?v=Ow1XmHsaSZs

Despite a surge in stocks in recent months, new developments in U.S.-China relations have cooled to craze. Greg Swenson of Brigg Macadam joins the show from London to sift through the shaky market movements. Plus, as WeWork prepares for mass layoffs, the company is facing yet another choppy situation. RT correspondent Trinity Chavez brings us up to speed on the New York attorney general’s decision to look into the office-sharing firm. And as cryptocurrency moves further into the spotlight, traditional institutions are looking to get into the game. Eric Wade of Crypto Capital lends us a hand today to analyze Fidelity’s move into the FinTech sector. #BoomBust #QuestionMore #RTAmerica Follow us on Twitter: https://twitter.com/RT_BoomBust Check us out on Facebook -- and feel free to ask us questions: http://www.facebook.com/BoomBustRT ... https://www.youtube.com/watch?v=xnh8Z6t64z8