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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.

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

Settlement matter between states and OxyContin makers appears far from settled

9/17/2021
The Justice Department has moved to block the opioid settlement between OxyContin maker Purdue Pharma, saying the deal would unfairly protect the Sackler family, which owns Purdue, from future litigation. Italy becomes the first European nation to mandate proof of vaccination and other safeguards for public and private employees. We also have a discussion about the economic legacy of the Camp David accords between Egypt and Israel.

Duration:00:09:24

Child tax credit money eluding low-income families

9/17/2021
The third installment of the advance child tax credit hit the bank accounts of most American households with children this week, but a new national survey suggests that some low-income families may not be getting them. President Biden is set to hold a virtual meeting with world leaders to discuss climate change in light of recent hurricanes and other climate-related incidents. China wants to sign up for a partnership that was originally designed to counter its trade practices. The BBC checks...

Duration:00:08:11

Lebanese welcome Iranian fuel delivery

9/17/2021
From the BBC World Service: Despite U.S. sanctions, thousands of tons of Iranian fuel have been delivered to Lebanon. And Italy has become the first country in Europe to mandate that workers provide proof of coronavirus vaccination, recovery from the disease, or a recent negative test, in order to go to work.

Duration:00:07:02

How the gap between rich and poor has led to low interest rates

9/16/2021
A paper by economists at Harvard University, Princeton University and the University of Chicago indicates that one explanation for the low interest rates we’ve seen in the American economy for decades has been income inequality. Marketplace senior economics contributor Chris Farrell helps us analyze this possibility. Diane Swonk chats with us for our markets discussion. It also turns out the pandemic has spurred a record number of people to sign up for insurance through the Affordable Care...

Duration:00:07:18

If heading back to the office freaks you out, you’re not alone

9/16/2021
Some people might be excited about heading back to the office, but there are plenty of others who aren’t, and that’s taking a toll on their mental health. We talk to a mental health professional about how returning to the office is affecting people and steps employers and workers can take to prioritize mental health in the workplace. Also, we look at how recent hurricanes in the Gulf have affected oil prices.

Duration:00:07:57

A new defense pact strains Australia-China relations

9/16/2021
From the BBC World Service: A new defense pact between Australia, the U.S. and the U.K. threatens to put even more strain on the relationship between Australia and China. And Zimbabwe has emerged as a leader in the drive to roll coronavirus vaccines out across Africa.

Duration:00:07:12

Have you paid rent on time? Now that can help you get a house

9/15/2021
This month, Fannie Mae will allow potential homebuyers to include their rent payment history with their mortgage application. That could be especially helpful for people with little or no credit history. Susan Schmidt joins us to discuss the economy as well as whether or not Fed chair Jerome Powell will stick around. Then, we engage in a discussion about how company leaders handle the challenges that come when it’s time for people to return to the physical workplace.

Duration:00:08:48

For some workers during the pandemic, an office doesn’t get the job done

9/15/2021
During this era of the pandemic workspace, people are actually finding out that they do their best work at home. Now there are questions if the traditional workspace even works in some situations. We hear from a Minnesota government employee on how she’s handling the balance between office and home. China’s retail sales numbers have grown, but at a much slower rate than expected. A report from Congress says proposed Democrat tax increases to help fuel the president’s massive spending plan...

Duration:00:07:52

Macau casino shares slide

9/15/2021
From the BBC World Service: Shares in a range of Macau casino companies fell by up to a third as authorities announced a 45-day consultation period on future regulation of the sector. The President of the European Commission has warned of a “pandemic of the unvaccinated” unless efforts are stepped up to share coronavirus vaccine doses around the world. And vaccine manufacturer BioNTech has announced it aims to start producing malaria and tuberculosis shots in Africa.

Duration:00:07:51

How effective have the pandemic relief programs been?

9/14/2021
Some numbers suggest that safety net programs have prevented many people from submerging into poverty. The Democrats want to keep some of those programs going, but at what cost? Jeffery Cleveland drops in to discuss the rise and fall of prices as well as what the Fed might be thinking about as inflation appears to slow down. We examine a bill that could alter how businesses like Amazon handle warehouse quotas.

Duration:00:09:35

How the trial of Elizabeth Holmes sets Theranos apart from other Silicon Valley lore

9/14/2021
Today is the first full day of witness testimony in the trial of Elizabeth Holmes, who was the CEO of blood-testing startup Theranos. Federal prosecutors say Holmes deceived investors about the company’s tech capabilities and harmed patients who received faulty blood tests. Adam Lashinsky, who’s covering the trial for Business Insider, catches us up on where the trial stands at the moment. Also today, Hurricane Nicholas made landfall early this morning along the Gulf coasts of Texas and...

Duration:00:07:57

Evergrande acknowledges its financial difficulties

9/14/2021
From the BBC World Service: The Chinese conglomerate Evergrande has detailed the extent of its financial problems. Plus, we examine the future of Norway’s oil sector following the country’s general election. And assess the plight of Nigerians who live near the country’s toxic gas flares, which are a result of oil extraction in the country.

Duration:00:07:22

Employers have a message for those seeking work: Help wanted. Also, free college.

9/13/2021
Companies like Amazon, Target and Walmart have instituted programs that offer college tuition for frontline workers in an effort to draw in and retain more people. Some numbers show that the strategy is working. Julia Coronado joins us for today’s economic discussion. The BBC reports on the struggle of female gamers to boost their earning potential in the competitive gaming world of esports.

Duration:00:07:35

“Common prosperity” makes a comeback in China

9/13/2021
China’s wealth inequality has been put in the spotlight recently, with Chinese president Xi Jinping pressuring the country’s 1% to pitch in and help everyone else. We talk with Marketplace’s China correspondent Jennifer Pak to get a picture of what this approach means for China’s middle class. Here in the U.S., we look at how employers are cooking up ways to draw in and retain workers in the middle of the nationwide labor shortage.

Duration:00:07:51

A conglomerate on the edge of collapse could test China’s financial system

9/13/2021
From the BBC World Service: Evergrande has operations in health care, autos, theme-park developments and even bottled-water production. It’s also China’s second-biggest property developer, though with massive debts, credit ratings agencies say time is running out for the company. Plus, while nearly half of the world’s professional online gamers are women and girls, they’re only taking a fraction of the competition prize money.

Duration:00:08:39

We can neither confirm nor deny exactly how much the US spends on counterterrorism

9/10/2021
The federal government grew following the Sept. 11 attacks, and a lot of money has been put toward the prevention of another attack. How much, you ask? It depends on where you look, and it gets a little murky when you do. President Biden’s decree that businesses with more than 100 employees must require workers to be vaccinated puts the Occupational Safety and Health Administration in the logistical spotlight. We speak with a former OSHA leader about it. Supermarket chain Kroger is hoping to...

Duration:00:07:22

The Taliban is looking to resume commercial flights out of Afghanistan

9/10/2021
From the BBC World Service: Officials from Qatar working with the Taliban say Kabul airport is now up and running, with special charter flights operating to Doha. Plus, how city planning has evolved to include more counter-terrorism measures since 9/11. And, climate change is one of the top issues for voters in Germany’s upcoming election.

Duration:00:06:55

Biden calls up Chinese president Xi Jinping to break the ice on U.S., China relations

9/10/2021
President Biden and Chinese President Xi Jinping had a 90-minute phone call late yesterday. President Biden is trying to improve U.S and China relations, which are contentious on many levels. United Airlines announces that employees exempt from the company’s vaccination mandate for religious reasons will be put on temporary unpaid leave. In Pennsylvania, the nationwide worker shortage haunts the businesses around the United Flight 93 memorial, which are preparing for visitors as the 20th...

Duration:00:07:34

Health care battle continues for survivors of 9/11

9/9/2021
Many of the people who survived the 9/11 terror attacks 20 years ago are still dealing with a mountain of ongoing health costs. Claims have risen in recent years, many from those diagnosed with cancer. Diane Swonk is today’s guest to add more facets to the unemployment numbers discussion. A new study says racial inequalities have cost the U.S. $51 trillion dollars in lost output since 1990. And, while Google and Microsoft have pledged billions toward cybersecurity, there’s a shortage of...

Duration:00:08:29

Virtual reality has now come under China’s regulatory hammer

9/9/2021
From the BBC World Service: A new warning from Beijing authorities about what it sees as the danger of online gaming has sent tech shares in Hong Kong tumbling. Plus, a campaign group accuses Facebook of breaking U.K. equality law in how it advertises jobs. And, could farmed seaweed provide a sustainable way to make cosmetics, recyclable packaging and even protein?

Duration:00:07:13