APM: Marketplace Mid-Day Update

Hurricane Harvey has caused up to $190 billion in damage, according to some estimates. That would make it the costliest natural disaster in the country's history. Diane Swonk, CEO of DS Economics, joins us to talk about Harvey's economic impact and how cleanup could affect the country's GDP. Afterwards, we'll chat with analyst Pavel Molchanov about the state of the United States' fuel infrastructure, and then look at how crowdfunding has changed disaster relief.

Hurricane Harvey may have an effect on gas pumps that aren't anywhere near Texas. With oil refineries shutting down production, we'll take a look at how much gas prices across the country could rise. Afterwards, we'll discuss whether Trump will still go through with a government shutdown if he doesn't get funding for his U.S.-Mexico wall, and then talk about 21st Century Fox's decision to stop showing Fox News in Britain.

Mutual and exchange-traded funds focused on U.S. stocks are seeing billions of dollars flow out. Are investors just happy about the money they've already made, or are they noticing something in the underlying U.S economy? Macropolicy Perspective's Julia Coronado is here to explain what could be going on. Afterwards, we'll chat with energy fellow Ed Hirs from the University of Houston about Texas' refineries, and then talk about the FDA's decision to crack down on companies peddling...

President Trump is in Phoenix, Arizona for a rally where he'll try to score points on immigration and his plans for a border wall. But it turns out hiring border guards is getting harder. On today's show, we'll take a look at some of the reasons for their decline . Afterwards, we'll discuss how consumers have responded to advances in smartphones, and then talk about what could lie on the agenda for Jackson Hole, a meeting between central bankers and policy experts that begins today.

The U.S., Mexico and Canada are done with their first round of NAFTA talks. One thing the U.S. wants NAFTA to implement: a rule requiring a set percentage of cars' components to come exclusively from the U.S. Canada and Mexico aren't on board with this, and neither are many U.S. automakers. We'll discuss why. Afterwards, we'll talk about the United States' plans to meet with South Korea over a five-year-old free trade agreement, and then look at why the town of Skagway, Alaska may lose its...

Market players are concerned that President Trump's senior economic adviser, Gary Cohn, might resign over his disappointment with Trump's comments on the Charlottesville protests. But he's the one figure in the administration who gives Wall Street the most comfort, and he could become the next Fed Chair. On today's show, economist Christopher Low joins us to talk about the qualities someone should have to take on the most powerful economic policy position in the U.S. Afterwards, we'll chat...

After CEOs started abandoning ship from President Trump's business advisory groups, he just decided to...dissolve a couple of them. On today's show, we'll look at whether these councils could've actually accomplished anything, and if the CEOs of these big companies have lost an important communication link to the White House. Afterwards, we'll talk about how businesses are processing the uncertainty happening in Washington, D.C., and then discuss the effects of the upcoming solar eclipse...

North Korean leader Kim Jong-un has decided not to launch four missiles toward Guam after all, according to state media reports. Is that what's helping to calm markets? MacroPolicy Perspectives Julia Coronado joined us to talk about some of the factors responsible for this stock market rally. Afterwards, we'll discuss the crowded field of premium rewards cards, and then look at why millennials' seem to be disinterested in vintage furniture.

Attorney General Jeff Sessions has called Saturday's deadly car attack in Charlottesville an act of domestic terrorism. On today's show, we'll chat with Faiza Patel from NYU's Brennan Center for Justice about how the government tries to combat violent extremism. Afterwards, we'll discuss Uruguay's attempt to draft a measure that would provide transgender people with reparations.

President Donald Trump said his administration is preparing to declare the epidemic of opioid abuse a national emergency. On today's show, we'll look at how resources might be distributed toward combating the issue. Afterwards, we'll look at fears in Britain over a free trade agreement between the U.S. and the U.K. Some say the influx of American food products will lead to lower food standards in the country.

Google has fired an engineer who sent around an internal memo criticizing the company's diversity initiatives. On today's show, we'll talk about the role the First Amendment plays when it comes to what you can say publicly. Afterwards, we'll discuss Nebraska's increasing reliance on coal — despite the rest of America's move away from it.

As retail chains prepare to report results, we'll chat with Julia Coronado from Macropolicy Perspectives about the state of the industry. Job prospects in this sector are looking dim as Amazon rises in power. Afterwards, we'll look at how Trump is doing with filling government positions, and then talk about Mexico's push to legalize marijuana.

Last month's jobs report is officially in: the U.S. economy added 209,000 jobs in July, with the unemployment rate ticking down to 4.3 percent. Christopher Low, chief economist at FTN Financial, joined us to put the numbers into context and share how he thinks Janet Yellen and co. might react to the report. Afterwards, we'll discuss the U.S. Virgin Islands' economic woes, which it's trying to help solve by imposing $25-a-day timeshare fees.

Sure, the U.S. economy is creating jobs, but wages have stagnated. Is the job market feeling a little familiar these days? It might, if you lived through the '90s. Diane Swonk from DS Economics shares some parallels between our current labor market, and how it was doing a couple of decades ago. Afterwards, we'll look at Trump's support of a new proposal that would dramatically scale back immigration, and then talk about a shortage in trial lawyers.

In early trading, the Dow Jones crossed 22,000 for the first time. Despite all of the negative headlines coming out of Washington, the stock market continues to perform well. Susan Schmidt from Westwood explains what's fueling investors' optimism. Afterwards, we'll look at why pharmaceutical companies are starting to abandon generic drugs.

The big push to repeal Obamacare fell apart last week, but the White House isn't backing down. As soon as today, President Donald Trump may make a decision that could lead to a major hike in monthly health insurance premiums. We'll look at by how much and just how many Americans could be affected. Afterwards, we'll discuss Walmart's ambitious plan to cut greenhouse gases, and then talk about a decline in the of eggs — which is good news for you, but bad news for U.S. poultry farmers.

Discovery Communications is reportedly buying Scripps Networks in a $14.6 billion deal. The two parties think this will become must-see television, especially for women. On today's show, we'll discuss whether this merger has what it takes to succeed. Next, as we wrap up the month, we'll talk about the state of the economy with economist Julia Coronado from Macropolicy Perspectives. Plus: A look at what features the next-generation iPhone might have —and how much it might cost.

On Friday, the Senate ended up voting down the Republican measure to repeal Obamacare. But the battle over this health care law isn't quite over yet. On today's show, we'll take a look at the ways Trump could still gut Obamacare. Afterwards, we'll discuss news that the economy grew at a faster pace than the previous quarter, and then chat with economist Heidi Shierholz about why the automation of jobs may be a distraction from other pressing economic issues.

The end may be nigh for one of the world's most important interest rates. The LIBOR, or London Interbank offer, may play a role in whether your household budget is on track and your adjustable mortgage. But there's news that it may get phased out over the next four years. On today's show, we'll look at why it may go away and what'll take its place. Afterwards, we'll discuss the future of the Fed Chair position, and then chat with Guardian reporter Chris Arnade about the importance of...

There's a whole lot of turbulence in Washington, yet the markets are going up. There's uncertainty. The economy is doing all right (but not fantastically). And company earnings reports are just OK. So what gives? Julia Coronado, an economist at Macropolicy Perspectives, joins us to chat about the strange nature of the stock market. Afterwards, we'll talk with the Eurasia Group's Ian Bremmer about the new sanctions bill against Russia, which has bipartisan support here in the U.S., but...