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Marketplace Morning Report

American Public Media

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:

Los Angeles, CA

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

Contact:

261 South Figueroa Street #200 Los Angeles, CA 90012 (213) 621-3500


Episodes

Pharmacy chains ordered to pay big to two Ohio counties

8/18/2022
First, we check in with KPMG’s Diane Swonk about some signs that hiring is strong. A federal judge in Ohio has ordered CVS, Walgreens and Walmart to pay $650 million dollars in damages to two counties that sued over the dispensing of opioid painkillers in their communities. The BBC reports from Tanzania about farmers struggling with a lack of fertilizer due to chaos surrounding food prices and supplies, as well as the war in Ukraine.

Duration:00:07:00

What an old water park can teach us about money and risk

8/18/2022
But first, it appears meme stocks are back. We look into whether or not that actually helps companies. Then, we talk about fun and risk with a lawyer who has built a class around the chronicled perils of a defunct and notorious amusement park.

Duration:00:07:29

How can we get more grain out of Ukraine?

8/18/2022
From the BBC World Service: Leaders from the United Nations, Turkey and Ukraine are meeting in Lviv to work out how to deal with a backlog of grain exports from Ukraine. Plus, Washington has announced its will begin talks with Taiwan on a new trade and investment deal, turning up the heat on simmering tensions with China. And, a global shortage of fertilizer and the high price of importing it is putting pressure on African farmers in Tanzania.

Duration:00:07:59

Add the slowdown of new home construction to the list of issues facing the housing market

8/17/2022
First, retail data for July has emerged from the Commerce Department. The downturn in new home construction offers a peek into the state of the housing market. The BBC reports on food prices and the pressure they bring to Peru and Nigeria.

Duration:00:07:02

A more affordable future could be in store for the hearing aid business

8/17/2022
Later this year, it’ll be possible to acquire hearing aids without a prescription. We attempt to read the tea leaves on retail data and consumer behavior. The BBC reports on how Cuba will allow foreign investment in local wholesale and retail trade for the first time since 1959.

Duration:00:07:18

China rations electricity due to drought and extreme heat

8/17/2022
From the BBC World Service: Residential areas in China’s southwestern Sichuan province have been told to limit the amount of electricity they’re using. Plus, Cuba will allow foreign investment in local wholesale and retail trade for the first time since the 1959 Communist revolution. And, what price pressures mean for families and businesses in Peru and Nigeria.

Duration:00:08:58

When Western states can’t figure out how to hold their water

8/16/2022
First, we take the economy’s pulse with the help of MetLife’s Drew Matus. States that rely on the Colorado River are struggling with the logistics of conservation as a government deadline has come and gone. China correspondent Jennifer Pak discusses the job environment for the nation’s young people.

Duration:00:07:26

Government poised to gain bargaining power on Medicare drug prices

8/16/2022
The soon-to-be signed Inflation Reduction Act includes a variety of health care provisions, including allowing Medicare to negotiate over prescription drug prices. There appear to be questions on a vaccine plan against COVID variants. We check in with the BBC’s Victoria Craig regarding her chat with the former governor of the Afghan Central Bank.

Duration:00:08:09

Why did so many Kenyans vote for the President elect?

8/16/2022
From the BBC World Service: William Ruto wants to unite his country after a narrow election victory. More than half the election commission’s members have rejected the outcome and the result could be subject to a legal challenge. Plus, a year on from the Taliban takeover in Afghanistan, we hear from the former central bank governor Ajmal Ahmady about the status of $7 billion in central bank assets, which are frozen in the U.S.

Duration:00:08:06

World oil prices drop as China’s growth appears to be slowing down

8/15/2022
Gas prices have dropped, but that hasn’t led to the big bump in consumer sentiment some might have expected. We check in on the minutes from the Fed’s July policy meeting. The BBC checks in on Afghanistan one year after the Taliban’s seizing of control. It appears colleges still have a long way to go when it comes to dealing with small businesses owned by people of color.

Duration:00:07:55

Democrats have notched a few wins. Now comes the hard part.

8/15/2022
First, we peek ahead to some big retail data coming out this week. The People’s Bank of China makes a surprising move. Felicia Wong of the Roosevelt Institute discusses what could be next for the Democrats following a number of agenda victories.

Duration:00:07:55

When most global interest rates are rising, China cuts

8/15/2022
From the BBC World Service: The People’s Bank of China cut its benchmark interest rate for the second time this year, in a surprise move after data showed slower than expected economic growth in July. Plus, South Korea promises aid to North Korea if the country stops developing nuclear weapons. And, a year after the Taliban seized power in Afghanistan, many women and girls are still excluded from work and formal education.

Duration:00:08:21

Looking into the exuberance of stocks and the carefulness of bonds

8/12/2022
Christopher Low measures market activity with us. A wrinkle in the ongoing saga of gas prices: The price of crude is rising. The BBC looks in on how new COVID restrictions in the East have affected local lives as well as the global supply chain.

Duration:00:07:29

People remain confident enough to keep quitting jobs

8/12/2022
People are still leaving jobs to find new ones at record level, and data shows that it’s generally working out for them. Speaking of records, the demand for vinyl remains high, so we talk to someone at a record-pressing plant to get a sense of how the industry is adapting to new challenges.

Duration:00:07:39

Samsung’s billionaire vice chair is being pardoned in South Korea

8/12/2022
From the BBC World Service: Lee Jae-yong was convicted of embezzlement and bribery, but the Seoul government says he’s needed back in charge of the country’s biggest company to help the post-pandemic economic recovery. Plus, an armed man took hostages at a bank in Lebanon and demanded access to his frozen savings. And, the Swedish firm that’s developing a less environmentally intensive kind of steel.

Duration:00:08:13

The Nasdaq is back, maybe

8/11/2022
We talk cooling inflation and producer price index with Diane Swonk of KPMG, then we examine how the Nasdaq appears to have regained some of its footing and returned to a bull market. Grocery prices are rising faster than the cost of eating at a restaurant. The BBC reports on Gambia’s efforts to address the issue of people without addresses.

Duration:00:09:00

Gas hasn’t been this cheap since March

8/11/2022
However, gas prices vary from one state to another … why is that? We try to explain. The BBC reports on basement apartments in South Korea in the wake of record rainfall and flooding. Art critic Blake Gopnik talks about a new exhibit that touches on industry and economics.

Duration:00:08:06

River Rhine levels threaten cargo trade

8/11/2022
From the BBC World Service: Low water levels on the River Rhine mean vessels are having to limit the load they can carry. Following flooding in Seoul, South Korea, authorities are moving to ban basement apartments. Plus, we hear how disruption to China’s manufacturing hubs is impacting supply chains around the world.

Duration:00:08:51

Did inflation just peak? The markets are acting like it.

8/10/2022
Susan Schmidt, head of U.S. equities at Exchange Capital Resources, helps us look into fresh data that indicates a cooling economy. Former president Donald Trump is testifying in New York regarding the probe into his business practices. Plus, a closer look at the infrastructure for electric vehicles in Florida.

Duration:00:08:54

In the Inflation Reduction Act, an electric vehicle made in America matters

8/10/2022
There could be a spoiler in the Inflation Reduction Act’s incentives to get electric vehicles. Disney Plus may have found a way to elude a Netflix-style post-lockdown subscriber scenario. We look into how the timing of review blackmailing scams is affecting targeted restaurants.

Duration:00:08:02