How Venezuela collapsed; Trump’s love-hate relationship with Yellen; U.K. bans gas cars after 2040

What's new... what's next   By Matt Egan and Julia Horowitz of CNNMoney 1. Venezuela: How a rich country collapsed The Trump administration slapped sanctions on 13 Venezuelans linked to President Nicolas Maduro ahead of a vote that may allow him to further consolidate power. It's the latest setback in the downward spiral of Venezuela, which was once the richest country in Latin America. Now, it's running out of food, hospitals are low on medicine and electricity isn't guaranteed. It seems like the only thing Venezuela has in abundance these days is chaos. 2. Top Apple supplier is coming to Wisconsin President Trump is set to announce Wednesday that Foxconn, one of Apple's top overseas suppliers, is opening a new factory in Wisconsin, according to a senior administration official. The news may give Trump a victory as he looks to bring back jobs. But the Taiwanese manufacturer could struggle to replicate its success in the U.S. Foxconn became a powerhouse electronics manufacturer for Apple, Microsoft and HP by staffing its factories with cheap labor in China. (Foxconn currently has facilities in Virginia and Indiana, each of which employ fewer than 1,000 workers). 3. Britain bans gas and diesel cars after 2040 As part of a bid to clean up the country's air, the U.K. will bar the sale of new gasoline and diesel cars starting in 2040. "There is no alternative to embracing new technology," Britain's environment secretary told the BBC on Wednesday. The deadline is an ambitious one. British demand for electric and fuel cell cars, as well as hybrids, grew 40% in 2015, but those sales accounted for less than 3% of the market. Almost 2.7 million new cars were registered in the U.K. in 2016. 4. Trump's love-hate relationship with Yellen The Fed kept interest rates steady on Wednesday amid concerns about low inflation. That's likely just fine with Trump, who said this week: "I'd like to see rates stay low." Trump said Yellen's "done a good job" and he's considering keeping her on as Fed chief. He added, "she's historically been a low-interest-rate person." Trump's views on Yellen have shifted dramatically. Last fall, he said Yellen should be "ashamed of herself" for creating a "false stock market." He even accused the Fed of "being more political than Secretary Clinton." 5. Quick Takes: Nestlé is building a factory in Japan just for flavored KitKat bars British economy suffers a 'notable slowdown,' confirming some Brexit fears  Cluster of power plants leaves a Maryland community divided Shareholders reject CEO's pay package amid concerns over opioid epidemic Nike CEO takes a massive pay cut after a rough year for the company 6. What's next: Verizon and Comcast: Another rush of earnings reports are due out Thursday morning, headlined by Verizon, Comcast and Southwest Airlines. Quarterly numbers are also on tap from ConocoPhillips, Dow, MasterCard, Procter & Gamble, Raytheon and UPS. Amazon and Starbucks: Amazon will take center stage after the closing bell. The Jeff Bezos juggernaut has spiked 40% so far this year, helping to drive the Nasdaq well past the broader market. Tech stocks will also be in focus when Intel, Expedia and Electronic Arts post results. But don't forget about Starbucks, which will look to turn around its sluggish 2017 when it reports earnings. Make this newsletter better. Please send us your feedback to CNNMoneyfeedback@turner.com Share Tweet Forward Sign up for CNN Money's morning markets newsletter: Before the Bell Sign up for CNN Money's closing markets newsletter: Markets Now Copyright © 2017 Cable News Network, LP, LLLP. A Time Warner Company. All Rights Reserved., All rights reserved. You're receiving this newsletter because you opted in at cnn.com or cnnmoney.com. Our mailing address is: Cable News Network, LP, LLLP. A Time Warner Company. All Rights Reserved. One CNN Center Atlanta, GA 30303 Add us to your address book unsubscribe from this list    update subscription preferences