From the BBC World Service: Economic growth in China, the world’s second biggest economy, beat expectations in the first quarter. Official data shows it’s being led by the manufacturing sector, but domestic demand is still weak. Plus, the Panama Canal will permit more ships from next month, easing congestion. And Colombia has become a top destination for so-called digital nomad; we take a look at how this is affecting the economy.

China show more signs of recovery

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 high tech industry has been grappling with a downturn in recent years. But a new report shows that the picture for the tech sector in Texas is a bit sunnier than in other parts of the country. Why is that? Then, Lowe’s and Target feel the effects of a pinched consumer, and sugar production — once Cuba’s most important and profitable trade — is nearing collapse.
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Texas’ tech resilience

Inflation may be cooling, but it certainly isn’t cold. Americans are still getting burned by rising prices. That’s one conclusion from a new Federal Reserve survey, which notes that parents in particular are struggling. Then, one report shows just how many homes are overvalued, especially in the South. Plus, we’ll hear how the Accion Digital Transformation Fund is trying to help people with no bank accounts get one.
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Inflation is getting better. That doesn’t mean it’s good.

From the BBC World Service: Amid worsening inflation, a scarcity of basic goods and a decadeslong U.S. economic embargo, Cubans are enduring some of their bleakest economic times since the Cold War. We hear from the country’s sugar plantations, where production has hit an all-time low. Plus, a look at why a medical strike in Mozambique is having a deadly impact and how extreme heat is affecting India’s workers.
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Cuba’s ongoing economic crisis

On Wednesday, we get glimpses of two very different ends of the economy: Both retailer Target and AI chipmaker Nvidia report earnings. One lives in the world of consumers facing high interest rates, while the other occupies the sphere of cutting edge technology. What can we anticipate? Then, caregiving is a major factor behind the rise of multigenerational households in the U.S. We’ll hear from one family who came to live together.
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What two companies can tell us about two corners of the economy

Houston residents are once again rebuilding after a severe windstorm delivered damage to cars, businesses and homes last week. Insurers are just beginning to assess the extent of the damage — at a time when insurance is getting pricier and harder to find. Then, the FDIC’s chair says he will step down once a successor is confirmed following investigations into toxic culture at the agency. Plus, can legislation save local news?
Our May fundraiser ends Friday, and we need your help to reach our goal. Give today and help fund public service journalism for all! 

China show more signs of recovery

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