Marketplace Morning Report

The Fed is set to meet to talk about the slowing economy, while making sure not to undermine consumer confidence. Businesses are coming to terms with the reality of the trade war. Plus, as devastating fires are expected to increase in California, homeowners insurance is becoming harder to find. And would you watch Netflix at double the speed?

The S&P closes at a record high on news of a potential trade resolution with China and a Brexit deadline extension. The FCC is cutting off rural broadband networks using Chinese tech it considers a security threat. Plus, the intricacies of ageism and sexism for older women in the workplace.

From the BBC World Service… The UK government has been running the biggest advertising campaign since World War II encouraging the country to “get ready for Brexit.” However the UK’s exit from the European Union has been delayed again until January 2020. Ahead of that deadline, we look at some of the businesses benefiting from Brexit ads. Oil giant Saudi Aramco’s mammoth $2 trillion initial public offering is back on track. Plus, Google is being sued by Australian regulators over privacy concerns.

The number of businesses expecting growth in the near future has fallen. A recent, massive planned blackout in California some people thinking about standalone generators. Plus, why asking a higher-up, “Can I pick your brain?” might not be the best way to develop professional relationships.

Business economists are bracing for a slowdown. Sir Richard Branson’s Virgin Galactic is set to begin trading on the NYSE. Louis Vuitton offers to buy Tiffany & Co. for over $14 billion. Plus, Comcast attempts to make the job of customer service agent more enjoyable.

From the BBC World Service… European luxury giant Louis Vuitton Moet Hennessy (LVMH) offers to buy iconic American jeweler Tiffany’s in cash. Markets react to Argentina’s election results. Plus, India’s economic slowdown is taking some color off the annual Diwali celebrations.

Consumers might not be as confident as they’ve been in the recent past. A new study finds older people that have not yet been diagnosed with dementia are still at risk of losing money and of financial exploitation. Plus, the hyperrealistic and ultraviolent videogame “Call of Duty” is set to become the most successful gaming franchise with its latest offering.

Amazon’s quarterly sales and profits numbers are down, but that’s not necessarily bad news. The UAW might sign GM’s contraxt today. Up next: Ford and Chrysler. California’s largest utility is planning for blackouts across the state as some suggest it be broken up. Plus, Georgians protest a proposed power rate hike.

From the BBC World Service… Indonesian investigators list the catalog of errors that led to the Lion Air crash. India’s most famous festival gets underway against the backdrop of a slowing economy. Plus, Argentina prepares for a crucial election.

Telsa turns a profit for the first time in a while. What does falling demand for so-called “durable goods” mean for the greater economy? The SEC looks into a whistleblower complaint against Indian company Infosys. Plus, the State of Hawaii meets with its teachers, the lowest-paid in the country.