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Marketplace Morning Report

APM: Marketplace

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:

United States

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.

Language:

English


Episodes

From news desert to election do-over

2/28/2024
Today, as part of our Democracy in the Desert series, we head to North Carolina, where a Baptist minister seemed to win a 2018 congressional election by roughly 900 votes. But after a fraud scandal involving absentee ballots came to light, officials ordered a new election. We’ll hear how a lack of local news coverage played out in this story. Plus, what ever happened with Apple’s electric car efforts?

Duration:00:08:49

Creditors file to liquidate China’s largest property developer

2/28/2024
A petition to liquidate has been filed in Hong Kong’s High Court against China’s biggest private property developer, Country Garden. Then, South Korea has reported a record-low birth rate despite spending billions to encourage women to have more children. And more than 6,000,000 people visit the Sistine Chapel each year, but big numbers could cause damage to the frescos. We’ll hear about the Vatican’s team of experts who monitor conditions in the chapel.

Duration:00:07:53

Teaching teens personal finance has long-term payoffs

2/27/2024
A growing number of high schools are requiring students to take personal finance courses, and the long-term payoffs are significant. Plus, Macy’s is closing 30% of its stores, Expedia announces layoffs as the post-lockdown travel surge slows, and a $1 billion gift means free tuition at Albert Einstein College of Medicine in the Bronx.

Duration:00:08:57

The last local news outlet in town

2/27/2024
With local elections looming — and no more daily newspaper in the area — how are residents of Del Rio, Texas getting their information?

Duration:00:08:14

Nigeria protests hunger and hardship

2/27/2024
From the BBC World Service: Trade unions have led demonstrations in Nigeria, as the country grapples with an economic crisis. Also: There are concerns about the tactics used by companies offering loans via cell phone apps in Kenya.

Duration:00:09:44

A sunny outlook, courtesy of American business economists

2/26/2024
Recession talks are receding and the the prospects of a soft landing are getting bigger, at least according to a new forecast by the National Association for Business Economics. But while the pros are betting the economy gets better and better this year, what about everyday folks? Then, we’ll pick up our discussion with model, entrepreneur and activist Bethann Hardison about the fits and starts of diversity in the fashion industry.

Duration:00:08:24

A news desert in the desert

2/26/2024
They say all politics is local. But what are voters to do to get reliable, fact-checked information about local issues and politics when they have few news coverage options? As part of this week’s “Democracy in the Desert” series, we travel to Val Verde County, Texas, to hear how voters get their news ahead of Super Tuesday. Plus, AT&T will give a $5 credit to customers most affected by last week’s network outage.

Duration:00:08:22

Boeing delays could hit ticket prices in Europe

2/26/2024
From the BBC World Service: Europe’s biggest low cost airline, Ryanair, is warning of a 10% rise in ticket prices this summer because delayed deliveries of new aircraft from Boeing could affect capacity. We’ll discuss. Plus, how is Russia’s economy faring after two years of sanctions? Then, we’ll discuss the death of Zong Qinghou, the billionaire beverage magnate who was China’s richest man.

Duration:00:07:26

When cost of living is a major voting bloc’s biggest concern

2/23/2024
A new AARP survey of women age 50 and up is out. They’re a large demographic — 62 million, according to AARP — and are more likely to vote than other cohorts. They’re also a swing voting bloc, and rising costs are dragging down their personal economies. We’ll also learn about new tribal gaming compacts aimed at protecting tribes’ interests and hear why one economist is watching productivity gains.

Duration:00:08:33

Bethann Hardison on breaking barriers in fashion

2/23/2024
For our Econ Extra Credit series this month, we’re watching “Invisible Beauty,” an autobiographical film exploring the life and work of model and activist Bethann Hardison. Today, “Marketplace Morning Report” host David Brancaccio is in conversation with Hardison to discuss a major cultural moment — walking for designer Chester Weinberg in the ’70s — and how she helped inspire a shift in the world of modeling and fashion. But first, Reddit goes for the IPO. Sign up for our Econ Extra Credit newsletter now.

Duration:00:09:15

IMF: Ukraine needs “timely support” from donors

2/23/2024
From the BBC World Service: As Ukraine prepares to mark two years since Russia’s invasion, the International Monetary Fund says the country’s economy is holding up — but funding from the U.S. and other international backers remains essential. In Ukraine, however, delays in international funding are weighing on confidence. Plus, could menopause be considered a disability? Then, a look at the link between trade deals and panda deals.

Duration:00:08:09

About these regional bank-commercial real estate concerns…

2/22/2024
Commercial real estate is a market that’s been sagging with lots of people still working from home. That’s been a source of consternation for regional banks with exposure to commercial real estate, like New York Community Bancorp, which Moody’s recently downgraded. But is all this anxiety actually overblown? We dig in. Plus, Japan’s stock market climbs out of a decadeslong slump, and the first online-only grocer will soon begin accepting SNAP benefits.

Duration:00:10:11

Good news on the emissions front

2/22/2024
In a bright spot for news on the climate crisis, new data shows that U.S. carbon emissions dipped by 1.8% last year. Most of the reduction in emissions is coming from the power sector. We’ll explore what’s driving the shift and where progress still needs to be made. Plus, Nvidia saw a 265% revenue bump from a year ago. Then, inflation and health care remain key worries for voters.

Duration:00:08:20

Japan’s Nikkei hits record high thanks to chips

2/22/2024
From the BBC World Service: Tokyo’s main stock exchange closed at a record high on Thursday, beating a three-decade old record and largely due to semiconductor microchips. The surge comes after U.S.-based chipmaker Nvidia posted Q4 financial results that beat estimates. An Nvidia-based bounce drove tech stocks in Europe too. Also on the program: How will Albania’s controversial migration deal with Italy work?

Duration:00:07:25

An invidious moment for Nvidia’s stock

2/21/2024
Nvidia, maker of semiconductor chips used for generative AI, reports its Q4 financial results after markets close on Wednesday. The company has forecast major revenue gains, but there was a wave of nervous selling yesterday and the stock is down so far this morning. What should we expect today? Then: the latest student loan forgiveness program, the Richmond Fed president on price hikes’ inflationary impact and a shortage of coins in the Philippines.

Duration:00:09:10

Is diversity a fad in fashion?

2/21/2024
As part of our Econ Extra Credit series, we’re exploring race and representation in the world of fashion. Today, we’re joined by fashion and costume historian Shelby Ivey Christie to discuss the industry’s inconsistencies on diversity — including on the runway and on magazine covers, as well as in boardrooms and editorial departments. Also, homeownership swelled before mortgage rates spiked, but disparities remain. Sign up for our Econ Extra Credit newsletter now.

Duration:00:11:08

Who’s going to pay to rebuild Ukraine?

2/21/2024
From the BBC World Service: Saturday marks two years since Russia invaded Ukraine. As the conflict continues, rebuilding is a major concern for residents and businesses there – so where’s the money going to come from? Plus, campaigners say beef production by major meatpackers has been linked to illegal deforestation in Brazil, and some retailers in The Philippines are giving customers candy rather than small change because of a coin shortage.

Duration:00:07:39

Background on that Capital One-Discover deal

2/20/2024
Once upon a time, Sears department stores were everywhere. A subsidiary of Sears launched the Discover card in 1986. It wasn’t unusual for department stores to offer their own credits cards, but the Discover card was accepted by other merchants. Today, we’ll hear a brief primer on the history that predated the recently announced Capital One-Discover purchase. Plus, China slashes mortgage rates, and northeastern Spain faces tough water restrictions.

Duration:00:08:13

One less credit card company, one more giant bank. Maybe.

2/20/2024
Capital One says it’s reached an all-stock deal to take over Discover Financial Services. The acquisition would create a stronger rival to Visa and Mastercard, but it’s far from a done deal and is likely to face heavy scrutiny from regulators. Also on the show: why the average age of Americans farmer is on the rise, and what the producer price index can reveal about inflationary trends.

Duration:00:08:22

China unveils its first domestically produced passenger jet

2/20/2024
From the BBC World Service: China’s C919 jetliner is being showcased at the Singapore Airshow. Its Beijing-backed manufacturer is hoping the plane will be a challenger to Airbus’ A320 and Boeing’s 737 Max. Then, doctors in South Korea are striking in protest at plans to train more physicians. And in Spain, the northeastern region of Catalonia has been suffering a record-breaking drought, and a state of emergency has been declared.

Duration:00:09:11