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APM: Marketplace Mid-Day Update

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The Mid-Day Update is a five-day-a-week podcast from the Marketplace Morning Report hosted by David Brancaccio that wraps up the morning news in a fun little package.

The Mid-Day Update is a five-day-a-week podcast from the Marketplace Morning Report hosted by David Brancaccio that wraps up the morning news in a fun little package.
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New York, NY


The Mid-Day Update is a five-day-a-week podcast from the Marketplace Morning Report hosted by David Brancaccio that wraps up the morning news in a fun little package.




261 South Figueroa Street, Suite 200 Los Angeles, CA 90012 213-621-3500


09/01/2017: Is it going to be difficult to find a lawyer in Harvey's aftermath?

The U.S. created 156,000 jobs in August, while the unemployment rate ticked up to 4.4 percent. The verdict? We're doing OK — not that great, not that bad. Chris Low, the CEO of FTN Financial, joins us to help sort through all the numbers. Afterwards, we'll look at a new Texas law that tilts the scales a bit back towards an insurance company if you get in a fight with one.


08/31/2017: How crowdfunding is changing disaster relief

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.


08/30/2017: "This government is nothing but dysfunctional"

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.


08/29/2017: Why investors are pulling billions out of mutual and exchange-traded funds

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...


08/28/2017: The real cost of a natural disaster

With Hurricane Harvey causing many refineries in Texas to temporarily shut down, we'll chat with Energy Intelligence analyst Barbara Shook about the effects this is having on crude oil and gasoline prices. Afterwards, we'll chat with University of South Carolina professor Robert Hartwig about why many people are left without flood insurance, and the difference between how much insured damage the industry has to pay out, and the overall economic cost of a natural disaster.


08/22/2017: The number of U.S. border agents is on the decline

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.


08/21/2017: American automakers are siding with Canada and Mexico on this key issue

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...


08/18/2017: Globalization might be getting too much blame

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...


08/17/2017: The tale of the vanishing businessmen

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...


08/16/2017: The price tag of letting Obamacare fail

The nonpartisan Congressional Budget Office has released a new report evaluating what would happen if Trump cut off Obamacare subsidies. The result: the government will actually end up shelling out more money. We'll take a look at why this move would cost them more, and how taxpayers would be affected. Afterwards, we'll discuss a decline in the number of new homes being built in the U.S., and then talk about fringe sites that are popping up to support white supremacist groups as they get...


08/15/2017: Millennials aren't very interested in those candle-light suppers

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.


08/14/2017: Countering domestic terrorism

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.


08/11/2017: "The McDonaldization of culture"

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.


08/10/2017: Employers aren't finding enough workers who can pass a drug test

Blue Apron's stock went down 15 percent after its first earnings report, a disappointment to some who saw the company as a promising investment. Not every IPO does well, but there were some key things that Blue Apron should have disclosed, argues Marketplace regular Erik Gordon. He joined us to discuss some of the financial figures that the company failed to reveal before going public. Plus: Economist Diane Swonk is here to talk about data that indicates the opioid addiction has gotten to...


08/09/2017: Disney's movie catalog is leaving Netflix

With threats flying between the U.S. and North Korea, the Eurasia Group's Ian Bremmer joins us to examine diplomatic ties between the two countries. One of his takeaways? We might actually be able to make progress thanks to Secretary of State Rex Tillerson. Next, we'll look at Walt Disney's decision to part ways with Netflix, and then talk about payment processor Vantiv's $10 billion merger with Worldpay.


08/08/2017: Why the First Amendment may not help you much on the job

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.


08/07/2017: The dismal state of retail

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.


08/04/2017: The Fed's next course of action

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.


08/03/2017: The labor market is traveling back in time

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.


08/02/2017: Generic drugs may be getting harder to find

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.


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