Marketplace Morning Report podcast

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Why Petra Needs Its People 28:39

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For centuries, members of the B’doul Bedouin tribe lived in the caves around the ancient city of Petra, Jordan. Then, in the 1980s, the government forced the tribe to move in the name of preserving the geological site for tourists. But if the residents are forced to leave, and if their heritage has been permanently changed, then what exactly is being preserved? Learn about your ad choices: dovetail.prx.org/ad-choices…

Marketplace Morning Report

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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.

64 episoder

#Business #News #Marketplace

Marketplace Morning Report

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64 episoder

#Business #News #Marketplace

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March madness comes to the car dealership 8:02

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Carmakers say sales soared last month as buyers snapped up vehicles in attempts to get ahead of the tariffs President Donald Trump is set to announce later today. Vehicle sales could fall after tariffs are implemented and car prices surge. Plus, U.S. businesses went on a hiring spree in March. How exactly can jobs affect interest rates? We’ll discuss. Then, we’ll look at how London’s millennium-old Borough Market has evolved to serve modern tastes.…

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Is all fair in love and trade wars? 7:40

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President Donald Trump is slated to unveil a slew of tariffs today, though we don’t know exactly how high these import taxes will be. What we do know is that a lot of U.S. allies are promising to retaliate in what could be the start of a far-flung trade war. And later: why J&J is in bankruptcy court for its talc suits and how credit card swipe fees are hitting bottom lines.…

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Finland boosts defense spending 9:28

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From the BBC World Service: Finland is planning to boost defense spending by $3.2 billion because of security worries. The Nordic country has seen a boom in its defense tech industry since the start of the war in Ukraine. Plus, we’ve been visiting marketplaces as part of our special “Tricks of the Trade” series . This time, we’re at London’s Borough Market, which attracts 20 million visitors a year.…

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A merger in the land of mortgages 8:56

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Rocket — the company behind Rocket Mortgage — has struck a $9.5 billion deal to buy Mr. Cooper, a company that focuses mainly on collecting mortgage payments. That comes less than a month after Rocket bought online real estate brokerage Redfin. What’s behind the buying binge? Then, as part of our ongoing Tricks to the Trade series , we hear tips and reflections from flower purveyors at London’s New Covent Garden Market.…

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A question of struggle and survival for many restaurants 7:30

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Some restaurants are still digging out of the hole the COVID-19 pandemic put them in. Many took on debt to survive the pandemic when they had to shutter; others have debt from before. The costs of those loans are still weighing on many restaurants — especially smaller establishments. We dig in. Also on this morning’s show: the war on ticket scalping, Vietnam’s slashed import duties and a delay in a Panama Canal port deal.…

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Vietnam cuts its tariffs to keep the U.S. on its side 9:00

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From the BBC World Service: As countries wait for confirmation of U.S. trade tariffs, Vietnam has cut import duties on a range of goods, including cars and some agricultural products. Washington’s trade deficit with Vietnam is the third highest of any country, but Vietnam is reliant on manufactured exports. Plus, a trip to the U.K.’s largest flower market and the unsigned U.S.-Ukraine minerals deal.…

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More tariffs, more economic anxiety 9:41

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On Wednesday, President Donald Trump is expected to announce a tsunami of new tariffs that will apply to all countries. Markets are down sharply here and abroad today in response. We’ve known that these reciprocal tariffs are coming for a while, so why the sharp market reaction now? Also on the program: a bitcoin mining operation in Zambia and a trial involving Norfolk Southern over the 2023 train derailment in East Palestine, Ohio.…

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What U.S. tariffs could mean for the U.S. economy 9:00

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This morning, global markets are cratering after President Donald Trump said that new tariffs set to be announced this week will impact essentially all countries. Meanwhile, a key inflation gauge came in hotter than expected on Friday, and consumers have become increasingly cautious about spending. All of this has investors worried. Plus, the host of Marketplace’s “Financially Inclined” podcast joins the show to discuss what you need to know before starting your own business.…

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Tariff worries rattle markets 7:55

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From the BBC World Service: Stock markets in Asia took a hit as traders look ahead to U.S. President Donald Trump’s so-called “liberation day” on April 2, when a raft of tariffs are expected to be announced. Plus, a court in Paris has convicted Marine Le Pen of embezzlement, and a cryptocurrency company plans to roll out small power plants to rural villages in Africa to provide electricity and mine for bitcoin.…

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The Fed’s next moves could be a tightrope walk 10:06

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The current economic landscape, marked by tariffs and other policy-driven uncertainty, could be a particularly difficult one for Fed decision-makers to navigate in the next few months. We chat with Susan Schmidt, Portfolio Manager at Exchange Capital Resources, about the latest inflation data and what it means. Plus, federal worker unions are pushing back against the Trump administration’s rollback of collective bargaining rights for government employees. And, the BBC’s Sam Gruet reports on how Canadian businesses are reconsidering their partnerships with U.S. businesses amid tensions between the two countries.…

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Past due: Student loan borrowers under pressure 9:30

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Student loan borrowers saw a bit of a reprieve during the pandemic and the following years, with many lenders stopping repayment obligations and freezing interest accrual. That party is now over, and holders of student debt are under increasing financial pressure amid more widespread economic uncertainty. Plus, a look inside Congress to see why Republican lawmakers are looking to overturn Biden-era rules limiting banking fees. And, the latest mortgage rate data may suggest a loosening in the housing market, but some experts advise against drawing any premature conclusions.…

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Canadian firms reconsider U.S. relationships 9:32

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From the BBC World Service: As Canada’s prime minister, Mark Carney, says the U.S. is no longer a reliable partner, Canadian businesses that work with American companies are facing a tough decision: continue their trading relationships or try to bring more operations and supply chains home. Also, as card payments rise, the UK sees an unintended benefit for children’s health.…

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Get ready for cars to get even pricier 10:06

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President Donald Trump announced 25% tariffs on cars, trucks and auto parts imported into the U.S. This is on top of other import taxes already in effect. Analysts say tariffs will affect a broad swath of the vehicles sold in the U.S. — both foreign and domestic. Also on the show: how executive actions can complicate financial planning, why applications for income-driven college loan repayment plans were reopened, and how to boost civic engagement.…

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The human toll of USAID cuts 9:02

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Supporters of the U.S. Agency for International Development are heading to Capitol Hill today to lobby lawmakers. The cutting of budgets and jobs at USAID has derailed aid programs globally. Aid groups say even life-saving humanitarian programs the State Department had promised to protect are faltering. Children, especially, could suffer. Plus, the heads of NPR and PBS appeared at a House hearing yesterday. We’ll unpack and add context.…

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Trump announces 25% tariffs on car imports to U.S. 8:15

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From the BBC World Service: The global auto industry has been rocked by sweeping 25% tariffs on all imports of cars and car parts to the United States under President Donald Trump. Then, Britain is facing issues familiar to many major economies, including a stretched budget, but the U.K. finance minister has set out how she plans to keep the finances in the black — all while upping defense spending.…

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