Marketplace Morning Report
American Public Media
In less than 10 minutes, we’ll get you up to speed on all the news you missed overnight. Throughout the morning, Marketplace’s David Brancaccio will bring you the latest business and economic stories you need to know to start your day. And before U.S. markets open, you’ll get a global markets update from the BBC World Service in London.
In less than 10 minutes, we’ll get you up to speed on all the news you missed overnight. Throughout the morning, Marketplace’s David Brancaccio will bring you the latest business and economic stories you need to know to start your day. And before U.S. markets open, you’ll get a global markets update from the BBC World Service in London.
Location:
Los Angeles, CA
Description:
In less than 10 minutes, we’ll get you up to speed on all the news you missed overnight. Throughout the morning, Marketplace’s David Brancaccio will bring you the latest business and economic stories you need to know to start your day. And before U.S. markets open, you’ll get a global markets update from the BBC World Service in London.
Twitter:
@MktplaceRadio
Language:
English
Contact:
261 South Figueroa Street #200 Los Angeles, CA 90012 (213) 621-3500
Email:
Letters@marketplace.org
Episodes
Looking into the exuberance of stocks and the carefulness of bonds
8/12/2022
Christopher Low measures market activity with us. A wrinkle in the ongoing saga of gas prices: The price of crude is rising. The BBC looks in on how new COVID restrictions in the East have affected local lives as well as the global supply chain.
Duration:00:07:29
People remain confident enough to keep quitting jobs
8/12/2022
People are still leaving jobs to find new ones at record level, and data shows that it’s generally working out for them. Speaking of records, the demand for vinyl remains high, so we talk to someone at a record-pressing plant to get a sense of how the industry is adapting to new challenges.
Duration:00:07:39
Samsung’s billionaire vice chair is being pardoned in South Korea
8/12/2022
From the BBC World Service: Lee Jae-yong was convicted of embezzlement and bribery, but the Seoul government says he’s needed back in charge of the country’s biggest company to help the post-pandemic economic recovery. Plus, an armed man took hostages at a bank in Lebanon and demanded access to his frozen savings. And, the Swedish firm that’s developing a less environmentally intensive kind of steel.
Duration:00:08:13
The Nasdaq is back, maybe
8/11/2022
We talk cooling inflation and producer price index with Diane Swonk of KPMG, then we examine how the Nasdaq appears to have regained some of its footing and returned to a bull market. Grocery prices are rising faster than the cost of eating at a restaurant. The BBC reports on Gambia’s efforts to address the issue of people without addresses.
Duration:00:09:00
Gas hasn’t been this cheap since March
8/11/2022
However, gas prices vary from one state to another … why is that? We try to explain. The BBC reports on basement apartments in South Korea in the wake of record rainfall and flooding. Art critic Blake Gopnik talks about a new exhibit that touches on industry and economics.
Duration:00:08:06
River Rhine levels threaten cargo trade
8/11/2022
From the BBC World Service: Low water levels on the River Rhine mean vessels are having to limit the load they can carry. Following flooding in Seoul, South Korea, authorities are moving to ban basement apartments. Plus, we hear how disruption to China’s manufacturing hubs is impacting supply chains around the world.
Duration:00:08:51
Did inflation just peak? The markets are acting like it.
8/10/2022
Susan Schmidt, head of U.S. equities at Exchange Capital Resources, helps us look into fresh data that indicates a cooling economy. Former president Donald Trump is testifying in New York regarding the probe into his business practices. Plus, a closer look at the infrastructure for electric vehicles in Florida.
Duration:00:08:54
In the Inflation Reduction Act, an electric vehicle made in America matters
8/10/2022
There could be a spoiler in the Inflation Reduction Act’s incentives to get electric vehicles. Disney Plus may have found a way to elude a Netflix-style post-lockdown subscriber scenario. We look into how the timing of review blackmailing scams is affecting targeted restaurants.
Duration:00:08:02
Sri Lanka’s electricity prices could soar by as much as 264%
8/10/2022
From the BBC World Service: Major electricity price hikes are adding pressure for people in Sri Lanka who are already struggling to afford the basics. The country has seen more anti-government protests amid an ongoing economic crisis. Plus, Germany plans to raise income tax thresholds and child benefits to try to help struggling households. And, how can you get deliveries if you don’t have a formal address? The Gambia in west Africa is rolling out a new digital system.
Duration:00:08:57
Numbers say more is less when it comes to U.S. productivity
8/9/2022
We try to explain, with some help from Jeffrey Cleveland of Payden & Rygel. The U.S. is sending another $1 billion dollars in military aid to Ukraine. A variety of factors are weakening Russia’s grip on the crypto mining industry.
Duration:00:07:57
How funding to address climate change can also help vulnerable communities
8/9/2022
Some of the provisions in the Inflation Reduction Act put a focus on how climate change can affect at-risk communities – specifically, environmental inequity. Also, while we might be done with supply chain problems, it appears those problems aren’t done with us.
Duration:00:08:02
Heaviest rain in decades in Seoul highlights infrastructure challenges
8/9/2022
From the BBC World Service: At least eight people died after torrential downpours in the South Korean capital, with some trapped in subterranean apartments, which are frequently occupied by lower-income households. Plus, fears are growing of a worsening energy crisis in Cuba after vital fuel-storage tanks were destroyed by a fire in the port city of Matanzas. And, fed-up homeowners in China have decided to move into their unfinished tower blocks after developers halted work.
Duration:00:08:28
Consumers are saving less but still borrowing, and banks have noticed
8/8/2022
Consumers are still spending money and taking out loans, normally good signs for the economy. The catch: They’re saving less, and banks are preparing to deal with more loan delinquency in the coming months as things get more expensive. We take a look at today’s increasingly “weird” economy with Julia Coronado, president and founder of MacroPolicy Perspectives. Chinese exports grew in the past months, according to new data, partly because things are coming back to normal after COVID...
Duration:00:09:02
Senate Democrats passed their spending bill. What didn’t make the final cut?
8/8/2022
Democrats passed their marquee climate and spending package late yesterday, a victory for the Biden administration as it seeks to reinvigorate its domestic agenda. We look at what provisions didn’t make the final cut, including a proposal to close the so-called “carried-interest tax loophole.” A new study finds that children with friends of different income levels saw a notable reduction in poverty rates later in life. Also, new data on worker productivity is due out tomorrow, and it may...
Duration:00:08:18
Kenya’s presidential election features talk of dynasties, hustlers and the rising cost of living
8/8/2022
From the BBC World Service: Whoever wins in Kenya will take on economic challenges including record inflation, drought and mounting national debt. Plus, Colombia’s new president, Gustavo Petro, pledges a raft of reforms and says he wants to reduce Colombia’s reliance on coal. It’s one of the largest exporters in the world. And, the stress, hunger and poverty facing people in Afghanistan, as foreign funds that once paid for its public health system have been frozen since the Taliban seized...
Holy hiring! U.S. economy adds 528,000 jobs in July
8/5/2022
The U.S. economy added 528,000 jobs in July, according to the latest jobs report, far outpacing expectations. We dig into what that means amid high inflation and whether this dampens fears of a recession. More on the reasons why the labor market will likely stay hot for the foreseeable future, including Baby Boomer retirements and declining immigration. Also, China has imposed sanctions on House Speaker Nancy Pelosi after her visit to Taiwan.
The CHIPS Act isn’t just about semiconductors. It also funds science.
8/5/2022
The CHIPS and Science Act puts aside tens of billions of dollars in funding for the National Science Foundation, the nation’s government research agency. We talked to the NSF’s director, Sethuraman Panchanathan, about what the money means and how it would contribute to American scientific advancement in coming years. Democratic Senator Kyrsten Sinema of Arizona, a key swing vote in the party, announced yesterday that she would support the party’s “Inflation Reduction Act” tax and climate...
China plans sanctions on Nancy Pelosi and her family after Taiwan visit
8/5/2022
From the BBC World Service: The Chinese Foreign Ministry described Speaker Pelosi’s visit to Taiwan as an “egregious provocation” and that it ignored China’s “serious concerns”. Plus, three more grain ships have sailed from Ukraine, bound for Turkey, Ireland and the U.K. Also, medical recruitment is a global challenge for hospitals.
The labor market may be cooling off, just a little bit
8/4/2022
The Bureau of Labor Statistics’ JOLTS report is out, and it indicates that the labor market may be in the early stages of cooling off. We talk about what the report means, and if businesses are feeling less hiring pressure. The Bank of England raised rates today in its biggest increase since 1995. And, horses are back working in French wine country, bucking their mechanical tractor counterparts.
Senate Democrats’ spending bill is raising corporate tax questions
8/4/2022
Senate Democrats are working out the details of their latest spending bill, dubbed the “Inflation Reduction Act.” We go over what’s been going on with the bill, and some contentious corporate tax proposals. Tensions between Taiwan and China are starting to disrupt commerce and some flights. The Department of Transportation is beginning to take comments on a potential move to boost protections for airline passengers seeking refunds for tickets.