Marketplace Morning Report Marketplace

How many people got hired and how many people were unemployed last month? We’ll find that out later this morning when the government releases U.S. jobs numbers. Economists are predicting hiring remained steady compared to the month before. We’ll hear why the figures are important to the Federal Reserve, as well as what they hint about AI’s impact on the workforce. Plus, how can cities get out of “a real estate doom loop?”

From the BBC World Service: Workers belonging to the largest union at tech giant Samsung have gone on strike for the first time ever over a pay dispute. Then, McDonald’s no longer has the exclusive right to market chicken Big Mac. Also, and nearly 2 million more teenagers will be eligible to vote in EU elections, and a woman who says she inspired “Baby Reindeer” is suing Netflix for defamation and damages.

A new report out of investment advisor Vanguard finds that more than 40% of employer matches go to the richest 20% of workers — and it’s not just because they have the highest salaries. We’ll discuss the problems with the 401(k) model and hear a potential fix. Plus, St. Louis is grappling with a “real estate doom loop.” How did it get there and how might it get out?

It’s been one week since former President Donald Trump was found guilty of 34 felony charges of falsifying business records to influence the 2016 election. So what’s to become of the publicly traded company he heads, Trump Media and Technology Group? Can a convicted felon legally be a principal of a publicly traded company? We discuss. Also on the show; Nvidia stock, congestion pricing and wage growth.

From the BBC World Service: Vladimir Putin is hosting the International Economic Forum. There’s a bit of a contradiction there: Despite being the most sanctioned country in the world, Russia’s economy is set to grow faster than all advanced economies this year. Also, Gen Z is posing a challenge for alcohol companies. And later, tourism officials in Henan, China, admitted the famous Yuntai Falls use hidden water pipes to boost the flow.

When we do the numbers, we tell you what’s happening on the New York Stock Exchange and the Nasdaq. Now, a couple of Wall Street financial firms are backing an upstart in Texas that wants to challenge the dominance of the two big players in New York. Then, China’s generative AI business has gotten its first infusion of cash from a foreign investor. Plus, does Boston regret not hosting the 2024 Summer Olympics?