“Marketplace Morning Report,” hosted by David Brancaccio, is the business news you need to know to start your day. “Marketplace Morning Report” gets you up to speed on what you missed when you were sleeping, kicking off each weekday with a global business update from the BBC World Service in London.
Here's the Latest Episode from Marketplace Morning Report:
The U.S. charges Huawei with racketeering, accusing it of stealing trade secrets. But how can a law meant to target gangsters work against the Chinese tech giant? Plus, young people are making greeting cards cool again.
A judge halts Microsoft’s JEDI project with the Pentagon as Amazon appeals the deal. Valentine’s Day marks a reduction in U.S.-China tariffs, but coronavirus is slowing down exports. Plus, how a British game show can teach us the basics of game theory.
From the BBC World Service… China and the U.S. reduce tariffs, but Huawei feels the heat. Germany’s economic growth grinds to a halt. Plus, celebrating Valentine’s Day in Saudi Arabia.
There have been 15,000 more coronavirus cases discovered in China, and markets are now taking notice. U.K. financial regulators are scrutinizing the relationship between the CEO of Barclays and late, alleged sexual predator Jeffrey Epstein. Plus, analyzing the possible links between the uptick in truck sales and pedestrian deaths.
The Senate takes a look at President Trump’s controversial nominees for the board of the Federal Reserve. More CEOs are quitting. Plus, are the U.S. and China actually on track to decouple, even with the recent Phase 1 trade deal?
From the BBC World Service…The world’s largest cellphone conference is canceled on coronavirus fears. Barclays CEO’s links to Jeffrey Epstein are under scrutiny. Plus, the Seychelles swaps debt for environmental action.
The Federal Trade Commission is scrutinizing tech giants’ acquisitions of smaller companies more closely. Investors don’t seem to pay be paying attention to the Democratic primaries, as left-leaning Bernie Sanders gains ground. A House subcommittee is holding a hearing on diversity and inclusion in the banking industry. Plus, Roger Federer is set to become the fourth-ever sports billionaire, but most of his money doesn’t come from playing tennis.
It’s Day 2 of intense questioning from lawmakers on Capitol Hill for Fed chair Jerome Powell. Sirius is investing big in Soundcloud, a destination for up-and-coming musicians. Plus, a new startup is helping teachers reach the dream of homeownership.
From the BBC World Service… Global markets are steady as speculation grows that coronavirus spread has peaked. Nissan sues former chairman Carlos Ghosn. Plus, Argentina starts crucial debt talks with the IMF.
Despite relatively great job and trade numbers, many other factors are contributing to slower growth. Delinquencies are rising rapidly in the subprime auto loan sector. Plus, the restaurant industry looks to immigration reform to deal with a worker shortage.
The economic fallout inside and outside of China continues as the coronavirus spreads, including for one manufacturer in Massachusetts. Fed chair Jerome Powell will have a lot to talk about when he goes before Congress Wednesday. Plus, employment remains elusive for many people with disabilities.
Seventy companies have stayed away from the Singapore aviation industry event, but the show goes on. After two years of growth, global energy emissions remain unchanged. Plus, we hear what people think about tipping in Shanghai.
Global supply chains around the world are getting hit hard by the coronavirus, including for the many Apple products made China. Plus, a new study finds people nearing retirement fear they won’t be able to afford their health care, even with Medicare.
What can we read into President’s new budget as we head closer to the election? The spreading coronavirus is starting to wreak havoc on the Chinese economy. Plus, how businesses are addressing worker safety and morale during the outbreak.
From the BBC World Service… The threat of coronavirus keeps many Chinese workplaces closed despite the end of the Lunar New Year holiday. Indian taxi company Ola launches in London today. Plus, South Korean blockbuster “Parasite” becomes the first foreign language Best Picture winner at the Oscars.
What’s the link between good weather and job creation? A bipartisan coalition of senators pushes legislation to help compete with Chinese tech giant Huawei. Plus, new SAG-AFTRA Foundation President Courtney B. Vance talks about diversity and his work helping struggling and out-of-work actors.
The job market is tight, but people aren’t working as many hours and are earning less. Credit Suisse’s CEO resigns amid a spying scandal. Plus, the coronavirus outbreak is having far-reaching economic effects outside of China.
From the BBC World Service… Ireland goes to the polls on Saturday, and voters are unhappy about a growing housing and homelessness crisis. Factories and pubs are being forced to close because of the coronavirus outbreak in China. Plus, one of the weirdest items in the Oscars gift bag is a urine collection device called Peezy.
It turns out the U.S. government over-counted the number of new jobs in recent years by about half a million. Apple is looking for news legitimacy with its Dem debate gambit. Plus, what introductory economics courses miss by focusing on traditional models.
China is cutting tariffs on U.S. goods. The cost of pensions is going up in California. Plus, as part of our “Econ Extra Credit” series, a look at what caused the economic explosion of the 19th century. Hint: it wasn’t capitalism.
From the BBC World Service… China’s biggest online travel firm Ctrip is working around the clock to cope with the chaos and cancellations due to the coronavirus outbreak. China is lowering tariffs on 1,700 U.S. goods on Valentine’s Day. Plus, Huawei sues Verizon over technology patents. And is the U.K.’s green aviation target of zero carbon emissions by 2050 achievable?
An economist agrees with the president’s optimism in the State of the Union address but warns about potential trouble ahead. The prosperity touted in Trump’s speech isn’t really being shared by everyone and is not all due to him. Plus, Macy’s is having to downsize.
We fact-check President Trump’s claims from his State of the Union address, including his assertion about a blue collar boom. Plus, why a lower U.S. trade deficit is not necessarily a good thing.
From the BBC World Service… Leisure cruise companies are under pressure after ships are quarantined over the coronavirus. Cathay Pacific asks its staff to take unpaid leave, as the airline struggles to deal with dual effects of the virus outbreak and unrest in Hong Kong. Plus, Europe’s largest train station gets a makeover.
Global markets rebounded Tuesday after the coronavirus spooked investors. Plus, can Penske’s acquisition of the IndyCar series bring in viewers and, just as importantly, financial backers?
Democrats are trying to sort out the mess with the Iowa Caucus vote tally. What’s the status of the American health care system ahead of the State of the Union address? Plus, coronavirus fears force Disney to shut down two major theme parks in Asia.
From the BBC World Service… Macau shuts down its casinos on coronavirus concerns. Will OPEC cut oil supply as virus fears reduce demand? Air Asia becomes the subject of a bribery probe. Plus, Nigerians angrily about new U.S. visa restrictions.
China’s central bank cuts interest rates slightly as the coronavirus scare sinks stocks. U.S. markets feel the impact of that economic disruption. Plus, even the losers of the Super Bowl get bonuses.
Coronavirus fears cause Chinese stocks to plunge on the first day of trading following the Lunar New Year holiday. The economy is doing great… unless you ask Millennials and young people of color. Plus, businesses are having to adapt to people calling in sick the Monday after the Super Bowl.
From the BBC World Service… Coronavirus fears cause Chinese stocks to fall on the first trading day following the Lunar New Year holiday. British Prime Minister Boris Johnson lays out next steps for Brexit. Plus, drought in Zambia means millions now rely on food aid.