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.
Don’t look now, but Black Friday is already here
Best Buy, Walmart and other retailers are already kicking off holiday discounts to encourage people into shopping earlier this year, and there are plenty of reasons for their inspiration, if you want to call it that. The Securities and Exchange Commission has been looking into what happened since the GameStop rally from earlier in the year, and it has a report suggesting online brokerage firms might need new rules. Jeffery Cleveland stops by to discuss the bond market and inflation.
New exchange-traded fund tied to Bitcoin futures begins trading on Wall Street
The first exchange-traded fund – or ETF – in the country that’s linked to Bitcoin’s price swings begins trading today. The fund is actually a basket of Bitcoin futures, which are bets on where the volatile cryptocurrency’s price will go. Helping us make sense of this is Erik Gordon, professor at the University of Michigan’s Ross School of Business. We check on how Netflix is doing as earnings reports season gets underway. Home builders are looking on the bright side despite the challenges facing the supply chain.
Airlines furious as London Heathrow announces higher charges
From the BBC World Service: London’s Heathrow airport, one of Europe’s busiest, has announced it’s going to increase charges to airlines landing there as it tries to recover from the impact of coronavirus restrictions on travel.
Hollywood avoids a strike
The film and TV industry has averted what could have been a costly and damaging strike. Over the weekend, studios and the union representing production crew members reached a labor deal. We discuss what’s next. Julia Coronado joins us to discuss the markets. Apple iPhone maker Foxconn unveiled three new electric vehicles today in Taiwan under a joint venture. The BBC reports on an approach in Berlin that deals with the high cost of living in big cities.
How did brisket go from the bargain bin to prime-time pricing?
The mere mention of brisket and BBQ might make your stomach rumble now, but brisket has actually had to work its way into its place as a meat that demands top dollar. We explore its history. Colorado has mandated health insurance plans to cover gender-confirmation care for transgender people, starting in 2023. The BBC checks in on China’s economic recovery, where it went from handling the pandemic to a host of other issues, like an energy crisis.
China’s economy slows as power woes bite
From the BBC World Service: China’s economy grew at its slowest pace for a year, according to figures released today. Power shortages, outbreaks of COVID-19 and pressure from Beijing on a number of industries are taking their toll on the economy.
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Great show but too many repeats
Great show but too many repeats
Great morning business report
Unbiased reporting of the morning’s business news.