Marketplace Morning Report Marketplace

How “joint fundraising committees” bring in hefty political donations without technically running afoul of contribution limits; plus, checking in on the Biden administration’s multi-billion-dollar plan to remove lead pipes — and improve drinking water safety — across the country.

In the absence of federal paid sick leave, some states work to fill the gap. Plus, a new report on the looming Social Security and Medicare budget shortfalls, and what to expect from Reddit’s first earnings report since its March IPO.

From the BBC World Service: Argentina’s president has cut public sector jobs, reduced energy and transport subsidies and devalued the country’s currency in the five months since he became leader — but Javier Milei denies ordinary Argentines are paying for the stringent measures. Also: What does a butter-free croissant say about France’s changing food and agriculture industries?

The Biden administration announces new initiatives to ease the transition to EVs — particularly in swing states like Michigan. Plus, Sweden sees growing economic inequality, and markets guess at the timeline for interest rate cuts.

A growing number of Americans are worried they won’t have enough money to live on once they reach retirement. Plus, a $79 million fine for selling “phantom flights” at Qantas, succession plans at Berkshire Hathaway, new health care access for DACA recipients, and Boeing preps for a spacecraft launch.

From the BBC World Service: China’s President Xi Jinping visits Europe for the first time in five years, and trade tensions look likely to be high on the agenda. Has Sweden become a paradise for the superrich? It’s had a reputation for championing social equality, but there’s been a rapid boom in the number of Swedish multimillionaires and billionaires in recent years. The actor Will Ferrell is the latest Hollywood megastar to invest in English soccer club Leeds United — following in the footsteps of Russell Crowe.