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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

Federal rent relief is running out, and renters aren’t the only ones counting on it

12/6/2021
The tens of billions of dollars set aside to help people pay their rent during the pandemic are almost gone, as nearly two thirds of the funding is expected to be spent or allocated by the end of the year. Renters have been relying on the money, but so have their landlords, who say they have had to deal with a variety of obstacles as well. Julia Coronado discusses the concept of full employment, and why many economists believe it is within reach in 2022.

Duration:00:07:39

Federal mandate or not, employers push for booster shots

12/6/2021
Last month, a federal appeals court halted what would have been mandated COVID-19 vaccine and testing requirements for businesses. President Biden asked businesses to “voluntarily”go ahead with those requirements, and it appears most of them are doing so. From the BBC, Professor Sarah Gilbert helped developed one of the COVID vaccines, and now she’s calling for greater investment in pandemic preparedness. A coalition of Native tribes and tribal organization is focusing on farm bill...

Duration:00:08:38

Should governments invest in pandemic preparedness like they do military readiness?

12/6/2021
From the BBC World Service: Professor Sarah Gilbert, who helped develop the Oxford-AstraZeneca coronavirus vaccine, says more investment is needed now to help prevent future pandemics. Plus: A new gadget dubbed “Earth’s black box” can record 50 years worth of climate data. And, a look at whether green hydrogen could help future-proof climate goals.

Duration:00:09:06

Peeking beyond the lower-than-expected job growth numbers

12/3/2021
The labor department’s job growth numbers came in at less than half of what forecasters projected, at 220,000. On the surface, that looks disappointing, but Christopher Low helps outline why it might not be quite that simple during our economic discussion. We look at how the omicron variant could determine whether or not the ski industry faces and uphill or downhill battle. The hurricane season of 2021 comes to a close, and a look back shows how historically expensive it has been.

Duration:00:07:54

Chinese ride-hailing giant Didi bids farewell to the NYSE

12/3/2021
From the BBC World Service: Under pressure from Beijing, the company will move its shares to Hong Kong. Plus, trains have started to run on a new line between Laos and China. But can one of Asia’s poorest countries afford the cost of Chinese financing? And, a group of World Trade Organization member nations agree to a deal to slash red tape and substantially cut trade costs.

Duration:00:09:09

Let’s take a swing at understanding the MLB lockout

12/3/2021
We can do that with the help of Hannah Keyser of Yahoo Sports, who explains why the owners have locked out the players and what kind of potential far-reaching impact the lockout (not a strike) could have on the game of baseball as a whole. The Senate has evaded a government shutdown with the passing of a stopgap spending bill that serves as only a temporary solution.

Duration:00:08:10

A look at Biden’s winter plan for COVID

12/2/2021
Parts of the president’s plan include the reimbursement of costs for at-home COVID tests and booster vaccinations, along with the establishment of family vaccination clinics. Diane Swonk references “Groundhog Day” during our standing markets discussion as everyone struggles to determine what omicron’s impact could actually be on the economy. There are concerns as to what hedge fund ownership could mean for many local news outlets. Grocery chain Kroger is squaring off against Publix in...

Duration:00:09:58

To pause or not pause oil production? What will OPEC do?

12/2/2021
From the BBC World Service: There are several options on the table for the OPEC oil-producing countries and their allies in order to help lower prices, but the omicron variant has added further uncertainty around global demand trends. Plus, why the Asian ride-hailing giant Grab is making its debut on the Nasdaq. And, Turkey’s President Erdogan abruptly replaced the country’s finance minister.

Duration:00:10:31

Major League Baseball’s labor woes lead to a lockout

12/2/2021
We lead off with baseball news. Major League Baseball entered its first work stoppage in more than 25 years after the league’s collective bargaining agreement with the players expired at the stroke of midnight. All player activity as it relates to their teams has been stopped. As many people are making the decision to quit their jobs during this era of the pandemic, we hear about the experience of a stay-at-home dad who left behind his job as a teacher. Join Marketplace’s mission to make...

Duration:00:06:55

Omicron sparks talk of tighter COVID testing for international travelers

12/1/2021
Authorities are considering stricter COVID testing requirements for international travelers coming into the U.S. in an effort to curb the impact of the omicron variant. There hasn’t been an official announcement yet, but plenty of ideas are on the table. Susan Schmidt discusses how the combined forces of omicron concerns and inflation are sweeping through the markets. We also check in on the thriving status of buy now pay later services like Afterpay. Join Marketplace’s mission to make...

Duration:00:07:21

Fed chair Powell testifies that inflation could roll into 2022

12/1/2021
Powell and Treasury Secretary Janet Yellen are slated to testify again before the Senate Banking Committee after speaking with it on Tuesday. In addition to Powell’s remarks, Yellen offered a warning about raising the nation’s debt ceiling. We hear from YouTube CEO Susan Wojcicki, who spoke at length to Kimberly Adams for Marketplace Tech. Federal money could be offer some aid to parts of the ailing construction industry. Join Marketplace’s mission to make everyone smarter about the economy...

Duration:00:08:45

COVID-19 vaccines a key to next year’s economic recovery, says the OECD

12/1/2021
From the BBC World Service: The Organization for Economic Co-operation and Development says increasing vaccine access must be a priority to help tackle the health crisis and alleviate bottlenecks at ports, factories and borders by allowing them to re-open. And, is the EU’s new “Global Gateway” strategy designed to rival China’s global influence?

Duration:00:10:14

Dementia’s rising price

11/30/2021
All facets of care for people with dementia come with an avalanche of costs, and they’re going to get higher, according to a report from the National Academy of Sciences. Senior economics contributor Chris Farrell helps explain what those costs are in a discussion. We check in on the another effort to unionize for Amazon workers in Alabama, as the National Labor Relations Board has gotten involved after an earlier attempt resulted in a “no” vote. Giving Tuesday challenge: Give now to help...

Duration:00:08:15

The link between big data and racial bias in the world of insurance

11/30/2021
Regulators are pressuring the insurance industry to rethink its relationship with “big data” and artificial intelligence in light of studies that show that people of color in urban areas could be charged significantly more than people in the suburbs. We discuss the effect of the omicron variant has had on the vaccine markets after warnings from Moderna’s CEO. Also, today may be Giving Tuesday, but charitable giving is expected to be down after a record year. Giving Tuesday challenge: Give...

Duration:00:07:53

Moderna boss warns about vaccine efficacy against omicron

11/30/2021
From the BBC World Service: The Moderna CEO Stéphane Bancel expects the number of mutations in the latest COVID-19 variant mean new vaccines will be required next year, sending ripples of nervousness through financial markets. But what do we actually know about the impact of omicron? And, a new report suggests some high food prices are unlikely to fall next year. Giving Tuesday challenge: Give now to help us reach $100k in donations and unlock another $100k from the Investors Challenge...

Duration:00:08:25

US border businesses welcome Canadian consumers – if they come

11/29/2021
The reopened U.S.-Canada border has businesses on the U.S. side of things ready and anxious to receive business from the neighbors to the north, even if it’s just to pick up packages. The crowds, however, have been slow to come. The markets appear to be bouncing back after the initial flood of concern surrounding the Omicron variant. Julia Coronado helps explain the market mood shift. We also hear some details on the sales action from Black Friday and Cyber Monday.

Duration:00:07:54

How big a shadow does omicron cast over vaccines and the economy?

11/29/2021
President Biden is slated to talk about the newly detected COVID variant later today. Meanwhile, the economic concerns are real, as Wall Street is poised to recover after taking a bit of a tumble over the weekend. Also, the World Health Organization said Omicron posed a very high risk of surging infection rates. Senior economics contributor Chris Farrell helps us discuss the role of retirees during the labor shortage. Could some of them be coming back to work?

Duration:00:06:58

Markets rebound a bit as we wait for more details on the omicron variant

11/29/2021
From the BBC World Service: That’s partly because despite a rise in infections in South Africa, they aren’t seeing an increase in COVID-19 deaths in the province hardest hit by the new variant. Plus, WHO member countries meet to discuss the global pandemic response. And, businesses in the Netherlands are worried about pandemic restrictions limiting opening hours for hospitality and cultural venues.

Duration:00:08:08

The debate over vaccine intellectual property rights is heating up

11/26/2021
A new COVID-19 variant is emerging as President Biden faces growing pressure to push for an emergency intellectual property waiver for COVID-19 vaccines. In a letter to Biden, 15 human rights and medical groups called the waiver “a moral imperative” that would help get more doses of the vaccine to low-income countries. We also look at what Small Business Saturday means for local retailers this year, and how supply chain shortages might actually work in their favor. Plus: how a South African...

Duration:00:09:03

Understanding the wage-price inflation cycle

11/26/2021
The global semiconductor shortage could continue until the second half of next year, according to a projection from chip supplier Foxconn — which could mean higher prices for goods like cars. And people’s expectations that prices will go up can lead them to ask for higher wages to afford said goods. Businesses then raise prices to compensate, leading to a continuing cycle of inflation. Are we in danger of entering that cycle? Plus, we look at what the new COVID-19 variant means for markets...

Duration:00:07:35