Marketplace Morning Report

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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.

-6 H

A dramatic drop in new jobs

U.S. businesses added 77,000 jobs in February, according to payroll processing company ADP — a dramatic drop from the 186,000 it estimated for January. It comes as firms are concerned about the impacts of tariffs and the potential for rising prices. We’ll discuss. But first, the Consumer Financial Protection Bureau is dropping its lawsuit against Zelle. And later, we’ll hear what layoffs mean for the morale and productivity of workers.

8 min
-9 H

Halving the IRS workforce in the middle of tax season

The second Trump administration is reportedly working on a plan to dramatically reduce the workforce at the Internal Revenue Service. As much as half of the workers at the tax collecting agency could be let go through a combination of layoffs, buyouts and attrition. Also on this morning’s show: We’ll preview the spring break travel economy and hear why wealth informs how quickly those affected by the Southern California wildfires can rebuild.

8 min
-9 H

Germany plans to spend big on defense

From the BBC World Service: Germany’s future coalition partners want to relax its strict debt rules in order to boost the defense budget by billions of dollars. We hear more. Then, China announced a target of 5% economic growth this year at the annual meeting of the National People’s Congress. And, a group led by U.S. investment firm BlackRock looks to buy two key ports at the Panama Canal.

8 min
-1 J

The consequences of all those new import taxes

Tariffs are in place this morning against the United States’ three biggest trading partners: Canada, Mexico and China. First, we’ll unpack the industries likely to get hit hardest and pass those higher costs on to consumers. Then, we’ll hear how targeted countries are responding to Trump’s tariffs. And later: a look at how some colleges are preparing students to enter the workforce by teaching them to have civil political conversations.

9 min
-1 J

What U.S. tariffs are feeling like on the ground in China

President Donald Trump has implemented a 25% import tax on almost everything we buy from Canada and Mexico, and new tariffs on China doubled to 20%. This is forcing trading partners to adapt. On this morning’s program, we’ll hear from some Chinese manufacturers at an import and export trade show in Shanghai about how they’ll grapple. Then, DOGE’s cuts to the federal workforce bring the culture of a startup to government agencies.

7 min
-1 J

Trade war threats become reality

From the BBC World Service: Fears of a trade war ramp up as tariffs go into effect on Chinese, Mexican and Canadian imports to the U.S., with more planned for Donald Trump’s second term. The increased duties on Chinese imports will affect a huge range of products from agricultural goods to toys – and are likely to raise consumer prices. Plus, an unexpected alliance could be forming in the electric car world.

7 min
-2 J

“An incomplete picture of the economy”

It’s the mother of all economic numbers: GDP, or gross domestic product. But U.S. Commerce Secretary Howard Lutnick says he wants to take government spending out of that number in official statistics. That could have serious implications for our understanding of the economy. Also on the show: how President Donald Trump’s tariffs could hit the auto industry and why adults are keeping the toy industry going.

9 min
-2 J

What a government crypto reserve might look like

Hundreds of billions of dollars have flowed into cryptocurrency markets in the past 24 hours or so after President Donald Trump named five digital tokens to be included in a national reserve. Trump has pledged to be a crypto-friendly president before. We’ll unpack the decision. Plus, mortgage rate volatility may be here to stay, and natural gas is having a moment — even in the middle of the green energy transition.

9 min

Tout afficher (69)

David Brancaccio

Animation

4,5

sur 5

805 notes

Solid coverage for <30 min content

-6 j

Skitree

I’ve been contrasting the reporting from Fox to Marketplace for the last month. Fox consistently underreports federal perturbations. As someone that’s worked in the government and is in tech, whose personal network encompasses civil workers, the deep concern by domain experts across all domains is legitimately unprecedented yet garners little interest by conservative outlets. Marketplace has a specific interest in topics related to the economy. That is still the case. Reading through the negative reviews on Marketplace’s suite of podcasts, there’s a common thread: frustrations with political bias. It seems some listeners are jumping ship based on a belief that Marketplace is pushing a liberal agenda. This confuses me. The Trump administration has clearly expressed they are adopting an isolationist agenda while building relationships with nations we’ve been in contention with for many decades—at the cost of otherwise longstanding relationships with e.g. Europe, Canada, Mexico. This has consequences on our economy, which is now expressing increased volatility. How is discussing the consequences a liberal agenda? Meanwhile, Fox has *barely* begun discussing fed layoffs. Very frustrating when that’s a source of information I use as a common ground with family and friends. What I’d like to see more of from Marketplace: deeper research on analogous events and their outcomes / causality. Interviews with economists, sociologists, and historians to build reasonably priors. Longer-form content.
Love the music

10/10/2024

walker449

Even if the news is not so good the creative music gets me dancing!! Love it.
Choice of report

4 févr.

Geezplz

Not good at keeping up with the news. They seem to pick and chose to report on the news that makes the Trump admin look bad and when the President got it right and has got the response necessary from the tariffs that have now been halted, this new site chooses not to report on that that it’s a good time to find a job. How pathetic, it’s time to stay up with the times and all the good things are actually happening in the United States under the Trump presidency. I guess I’ll have to get my new somewhere else.
Two stars off because of the commercials

10/12/2024

CraigCode1010

I'm tired of hearing the same commercial, multiple times, on the same episode. They also do not do basic editing so you get the same story replayed on multiple episodes almost everyday. Hint: podcasts are not radio you dont have to miss broadcasts if it is not on when it comes out!

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.