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.

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 …
What should the next round of COVID-19 aid from the federal government look like? New signs of fissures between lawmakers and the Trump administration. Plus, how are housing vacancies changing the rental markets in U.S. cities? And, a plan to distribute coronavirus vaccines more equally among countries.
From the BBC World Service: The European Union's recovery fund will have more than $850 billion, the majority in grants, with some loans. Are Uber drivers self-employed or not? Contact tracers in South Africa are on the front line against COVID-19.
Congress begins to hammer out the next round of COVID-19 aid, including the fate of extended unemployment insurance. Meanwhile, some people still have not gotten their first COVID-19 relief checks. Thousands of essential workers are expected to walk off the job today in a "Strike for Black Lives." And, what …
The fight on Capitol Hill continues over how to support the U.S. economy as the pandemic rages on. Tesla's upcoming earnings report could make it eligible to join the S&P 500. And, emergency help for farmers during COVID-19.
From the BBC World Service: The United Arab Emirates has launched its first Mars mission. Can Europe's leaders reach a compromise on the balance of loans versus grants in their COVID-19 recovery fund? What worries of a second coronavirus wave could mean for European airlines.
The rate on a 30-year-fixed mortgage is the lowest it's been in decades. Why? British Airways is retiring its entire Boeing 747 jumbo jet fleet. Also, a town in Colorado illustrates the clash between summer tourism and a pandemic.
Mortgage rates are at a 50-year low. Netflix is flourishing during the pandemic, with millions of new subscribers and billions in revenue. We also discuss how diversity recruiting is on the rise, but holding on to that talent has proven elusive.
From the BBC World Service: For months, the 27 European Union countries have struggled to agree on whether pandemic relief to countries should be through grants or loans that have to be repaid. India resumes some flights to the U.S. and France.