Marketplace Morning Report

by Marketplace · · · · 24 subscribers

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.

From the BBC World Service: Australian buy-now-pay-later company Afterpay has received the country's biggest-ever corporate takeover offer from Jack Dorsey's U.S. payments company Square. Plus, as quarantine requirements disappear for American travelers to the U.K., a look at how London's West End theaters are trying to stay afloat and provide …
Dutch company NXP is one of the auto industry's leading suppliers of computer chips. Its earnings report is being released after market close on Monday, and it could be an indicator on which direction the chip shortage is going to go. The BBC checks in with news on the ability …
Consumer optimism has seen a sharp decline in recent weeks as news of the surging delta variant of COVID-19 has people reluctant to head out and populate businesses. Also, we look into how big oil companies plan to utilize their incoming wave of expected profits. Then we head over to …
From the BBC World Service: Eurozone economies are starting to see a partial recovery from the pandemic as national lockdowns ease and households spend more money. Britain's biggest dairy producer is unable to deliver to hundreds of supermarkets and shops as a shortage of truck drivers hits a "crisis' point." …
The federal eviction moratorium is set to expire, which means a flood of delayed eviction cases will be resuming and renters will be scrambling. We take a snapshot of the situation with a story from Houston. Nova Safo checks in with us to talk about Amazon's earnings report and whether …
Robinhood, the online brokerage with the app that grants commission-free trading to investors, is going public. However, its offering stands out because of its plan to make up to 35% of its shares available for investors to purchase. We speak with Erik Gordon, professor at the University of Michigan’s Ross …
In 2020, U.S. manufacturers shipped out more than 375 million smart home devices. The more we use them, the more they end up learning about us. Is that a good thing? We also discuss what's going on with the Fed and what capital- starved small businesses are thinking about as …
From the BBC World Service: U.K. Prime Minister Boris Johnson is calling on global leaders to pledge $5 billion to prevent what he calls a "legacy of wasted talent" as a result of lockdown restrictions on education. Plus: Visitors to a new, nearly $3 million London tourist attraction aren't happy …
States that did away with $300 weekly unemployment benefits did so with the expectation that the loss of extra money would get more people to re-enter the workforce. That hasn't happened. We talk about the Fed and inflation, and then we hear a listener tell the story of Pearl Paint, …
Correspondent Jennifer Pak joins us to help make sense of where China's stock markets stand after a rough start to the week. We also check in on Big Tech's earnings. Then, we look into a child care entrepreneurship program that opens a path for immigrant women to re-enter the workforce.
There's a lot of disagreement within the Republican Party about what a COVID-19 relief bill should look like. Plus, the wait for many movie theater reopenings — and new Hollywood releases — continues. And, yes, it appears the U.S. is in a tech cold war with China.
The law, which gives Beijing tighter control of Hong Kong, appears to be affecting financial companies, who are self-censoring. Plus, a bid from Airbus to settle to a 16-year dispute between the U.S. and EU over aircraft manufacturing. And, the financial blow to the education industry will be especially hard …
From the BBC World Service: An escalation in tensions between the U.S. and China adds to gloom in global financial markets. Has Airbus done enough to end a subsidies dispute between Europe and the U.S.? The price of postponing the Tokyo 2020 Olympics.
The resurgence in coronavirus cases and hospitalizations has sent the number of unemployment claims back up. It's the first time the tally has risen since March. Plus, we have more information today on the Senate Republicans' COVID-19 relief bill, including what might happen to extended unemployment benefits. And, an old …
The extra $600 a week for unemployment benefits is set to disappear July 31. And those payments have boosted the economy, research shows. Plus, President Trump denies reports that he tried to steer a big golf tournament to one of his resorts. And, Mattel earnings out today will give us …
From the BBC World Service: Activists and campaign groups allege companies including Apple and Nike are benefiting from labor abuses in Xinjiang. Could China's tech-heavy STAR Market rival the Nasdaq? Toymakers cash in on lockdown demand for board games.
Investors are primarily focused on earnings reports and vaccine prospects right now, but U.S.-China tensions loom in the background. Twitter removes conspiracy theory accounts, while Facebook takes action to address the social media platform's racial biases. And, how oil-rich countries are faring during the pandemic.
The U.S. closes a Chinese consulate and accuses Chinese hackers of trying to steal coronavirus research. How child-care costs are shaping up to be a 2020 campaign issue. And, San Diego's Comic-Con goes virtual.
From the BBC World Service: Markets are recovering even though data shows no signs of COVID-19 slowing in the U.S. A billion dollar lawsuit over a dam collapse in Brazil is being lodged in the U.K. Book publishing faces pandemic and diversity challenges.
Judy Shelton and Christopher Waller are nominees for the Federal Reserve's Board of Governors. Shelton, however, has been in the past a proponent of the gold standard and favors reducing the Fed's powers. Plus, European leaders reach a deal on an economic rescue package. And, a surge in French home …