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.
Big Tech benefits from big spending
Apple, Alphabet (Google’s parent company), Microsoft and Amazon are reporting earnings this week, and they are all beneficiaries of a jump on corporate spending on IT. We’ll look at what companies are buying, and why. New York City and cities in California now have vaccination requirements for their respective workforces. We also take a look at where Chinese stocks stand.
China’s regulatory crackdown continues to send shivers through financial markets
From the BBC World Service: A third-straight day of losses across Asia stock markets amid Chinese regulatory crackdown. Plus: The most senior Roman Catholic official at the Vatican has gone on trial charged with financial crimes. And, a look at the meeting agenda as officials from the U.S. and India prepare to sit down for talks.
Explaining China’s anti-foreign sanctions law
China’s recently passed anti-foreign sanctions law carries a variety of potential effects for American businesses. We dive into what the law means. The Federal Open Market Committee starts a two-day meeting on interest rate policy. Also, PayPal is partnering with the Anti-Defamation League to help curb the activities of radical hate groups.
One island’s spaceport saga illuminates FAA’s commercial spaceflight conundrum
Camden County in Georgia has wanted a spaceport license for years. That sparks concerns for the residents of the Little Cumberland Island, who say the potential rocket launches over their community could have negative impacts. Julia Coronado drops in to talk about the markets, and we also look into how appliances are becoming harder to acquire for new home builders.
Child tax credit payments come with glitches, more questions
Payment mishaps and issues with trying to opt out are among several struggles that have impacted people expecting child tax credit payments. Some fear the cash advance will actually add to their tax burden. The BBC checks in on the how a wave of regulation has impacted Chinese stocks. We also look into the availability of Section 8 housing vouchers.
Chinese regulators put tutoring-company profits in their crosshairs
From the BBC World Service: Another wave of regulatory crackdowns from Beijing, this time on tutoring companies, sent Hong Kong’s benchmark stock index down more than 4% today. Plus: Australia won’t tolerate anti-lockdown protests as the COVID-19 Delta variant surges. And, how vaccinators are making progress in remote parts of India.
Great morning business report
Unbiased reporting of the morning’s business news.
The show content is great, but it seems like for such a brief show, maybe 40% of it is advertisements for other shows. Really annoying.
The reporting is great, but if you’re putting out three daily shows in the same feed, please stop re-airing the exact same segment.