Marketplace Morning Report Marketplace
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- Business
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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.
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The incredible shrinking stock market
This year, the Dow and S&P have repeatedly hit record highs. But even as the value of the stock market grows, the number of firms traded on the market is shrinking, and has been since the mid-1990s. And when fewer companies are public, it limits our understanding of what’s happening in the economy. Plus, a preview of wholesale inflation and retail sales, and a closer look at the impact of RTO mandates.
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The UAW heads South
Following a big union win last month at a VW plant in Tennessee, the United Auto Workers face a new test in the South: Workers at a Mercedes-Benz assembly-and-battery complex in Alabama begin voting on whether to join the UAW this week. Can the labor organizing momentum be sustained? Also: why a cap on credit card late fees is getting delayed and how to go into debt without anyone noticing.
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South Korea is chipping in a lot to help its semiconductor sector
From the BBC World Service: With global demand high for the most advanced tech chips, the South Korean government plans to boost its sector with more than $7 billion investment. We’ll discuss where the funding is likely to be funneled and paint a picture of the U.S.-China tensions over chips that it butts up against. Also, the Russian army is hiring Cuban nationals for its war efforts against Ukraine.
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Is a Texas bullet train a magic bullet for rail?
To get between Dallas and Houston, it’s an bogged down 240-mile roadtrip that can sometimes take five hours. Amtrak wants a bullet train to get the job done in 90 minutes and says it could be built within a decade — if federal funding comes through. Plus, Transportation Secretary Pete Buttigieg on who will pay to rebuild after the Baltimore bridge collapse and a preview of next week’s retail sales figures.
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What are airline points worth? Transportation Secretary Buttigieg wants to know.
If you save up your miles or credit card points for vacations, you may be treating them a bit like savings. But unlike money in your savings account, a company can change the value of those points. Today, Transportation Secretary Pete Buttigieg joins Marketplace’s David Brancaccio to make the case for greater transparency in airline and credit card rewards programs. Also: the San Francisco Fed President on the future of interest rates.
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U.S. set to bring in China EV tariffs
From the BBC World Service: Shares in major Chinese electric carmakers have fallen following reports that the U.S. is preparing to bring additional tariffs against Chinese companies, specifically aimed at EVs and other sectors. Then, rat remains have been found in sliced bread in Japan, triggering recalls. And the Eurovision Song Contest, watched by 200,000,000 people worldwide, has faced controversy over Israel’s inclusion in the show.
Support our nonprofit newsroom today and pick up a fun thank-you gift like our new Shrinkflation mini tote bag or the fan favorite KaiPA pint glass!
Customer Reviews
Burn volume
Please keep normal tone, very annoying
Great up to date information
Required listening if you want facts about markets and economy without any spin. I do wish Leanna Burn would would pick a volume though - she starts each sentence with a shout and ends with a whisper - difficult to listen to on headphones.
Random things put together, undiversified sources, many ads and bias news
The podcast feels pleasant and friendly at first but over time, I realize it is very biased, and it start to feel like they put together a lot of random things, so many important news are usually missing if you listen to a diverse sources of news. Commentators keep coming from one sources if it is about economics. They also have so many ads that keep popping up many times during a 10 min show. I don’t think I will keep listening to this podcast.