Marketplace Morning Report

After years of negotiations, AmEx is finally primed to expand to China. But what's a credit card company to do when everyone pays with stuff on their phones? But first, we're still unpacking oil prices this morning — we'll bring you the latest. Plus, a look at Floridas homeless senior citizens. They make up 10 percent of the state's homeless population, and many of them are living out of their cars. Today's show is sponsored by Forex, Alliance For Lifetime Income and the Michigan Economic Development Corporation.

Why OPEC might cut the production of crude oil after a month of low prices. How Disney could pose a threat to Netflix with its foray into the streaming world. And as the Fed eyes raising interest rates for the fourth time this year, what it can learn from the Soviet Union's nails....yes, nails. Today's show is sponsored by Forex and the Michigan Economic Development Corporation.

(Global Edition) From the BBC World Service... There'll be one million fewer barrels of oil available per day, all in an effort control the price of liquid gold. The Saudis, the U.S. and the Russian oil producers are all in talks , but we find out why prices at pump will stay pretty much the same for most people. Then, the biggest online sales in the world are in China:  $1 billion were spent in the first 85 seconds of Singles Day. And all eyes are on Brazil, as a controversial new government beds in. We'll speak to their outgoing finance minister Eduardo Guardia. 

A federal judge in Montana has blocked the Keystone XL Pipeline, a controversial project that would deliver oil from Canada to the Gulf Coast. Then: China holds a massive trade fair to open up to the world. And the E.U. balks at Italy's definition of debt.

(Global Edition) From the BBC World Service… U.S. crude oil prices have fallen 20 percent from their recent high, and the global benchmark isn’t far behind. So, what’s weighing on global prices? Then: Greece’s merchant shipping fleet, one of the world’s biggest by tonnage, is likely to feel the pain of sanctions on Iran’s oil. Plus, just more than half of the world’s population is estimated to be without Internet access, and the so-called digital divide is at the top of the agenda at a global web summit in Portugal. (11/09/2018)

Congressional Democrats and President Trump agree on one thing, and maybe only one thing: lowering prescription drug prices. With control of Congress split, what are the chances of a bipartisan solution? We'll look into it. But first: the cost of doing business just got higher. We'll look at the forces at play (namely, inflation) and when those hire prices might be passed on to you, the consumer. Plus: As we look for more sources of alternative energy to combat climate change, where does nuclear fit in? Today's show is sponsored by Forex, American Express and Paypal.

Arkansas and Missouri passed minimum wage hikes on Tuesday, but when it comes to a federal minimum wage hike, some experts told us not to hold our breath. And eight years after some elected officials railed against Medicaid expansion under the Affordable Care Act, those same people are embracing the program. Plus, how ATM makers are adapting as payments go digital.

(Markets edition) When you're listing a house or shopping for one, there are a few key figures to know: The square footage, number of bathrooms... but what about "Instagramable moments"? In hot real estate markets, marketing professionals are commanding big fees for making properties stand out on social media. We'll talk with one. Then: The Fed's efforts and opening up, and what you need to know about a new Trump administration rule letting some employers opt out of covering birth control. Today's show is sponsored by Forex, The Michigan Economic Development Corporation and Paypal.

(Global Edition) From the BBC World Service... Electric car maker Tesla has named an Australian businesswoman as its new chair, replacing Elon Musk. We’ll find out who she is and why she’s been chosen for the role. In Britain, the push for cleaner energy has taken a knock as Japanese conglomerate, Toshiba, pulls out of plans to build a nuclear plant in the country. And how do we know how much oil Iran is exporting under sanctions? We speak to the founder of a company that tracks oil tankers. This show is sponsored by Forex.

With the Democrats gaining control of the House of Representatives, the next two years promise to be even more contentious than usual. What does the prospect of further political gridlock mean for U.S. economic policy? We'll also talk about the future of the Affordable Care Act under a split Congress and how businesses might fare with these big changes.

Today's show is sponsored by Forex, Navy Federal Credit Union and Paypal.