Marketplace Morning Report

(Markets Edition) With the Chinese yuan falling, U.S. Treasury Secretary Steven Mnuchin attempted to warn China of taking part in “competitive devaluation” of the currency. Then, we check on the markets with Jeffery Cleveland, chief economist with Payden & Rygel in Los Angeles. Finally, we look into networking. Before, connections could be made over a round of golf. But in Silicon Valley, ultimate frisbee has become the gateway to opportunities. Today’s show is sponsored by Alliance for Lifetime Income (retireyourrisk.org), GAIN Capital Group (gaincapital.com) and Selligent (selligent.com). (10/10/2018)

(U.S. Edition) We check in on the decline of the yuan, the national currency of China. Shaun Rein, the managing director of the China Market Research Group, told us more. A global summit on mental health concludes Wednesday in a bid to secure money and treatment comparable to other health issues. Worldwide, mental disorders cost governments almost $2.5M per year. Reid Hoffman, the co-founder of LinkedIn, stopped by to talk about the concept of “blitzscaling” detailed in his new book. Today’s show is sponsored by Alliance for Lifetime Income (retireyourrisk.org), GAIN Capital Group (gaincapital.com) and Selligent (selligent.com). (10/10/2018)

(Global Edition) From the BBC World Service … The IMF has downgraded its view of global growth due in part to ongoing trade tensions. We’ll hear from the organization’s chief economist. Then, after a month of speculation, Pakistan put rumors to rest and said it will seek a bailout from the International Monetary Fund to tackle its mounting balance of payments crisis. We’ll hear from our reporter on the ground in Islamabad.  Afterwards, Korean pop band BTS has stepped in to fill the boy-band vacuum, igniting a wave of excitement around the globe with its “Love Yourself” world tour. The group’s popularity has grown so much that it has sold out two nights at the O2 in London, with tickets on the re-sale market going for thousands of dollars each. Today’s show is sponsored by Alliance for Lifetime Income (retireyourrisk.org), GAIN Capital Group (gaincapital.com) and PayPal (paypal.com). (10/09/2018)

(U.S. Edition) A new report details how the private information of almost half a million Google users was exposed to hackers until Google sealed up the leak in the spring. The apparent weak link was Google Plus, so we take a look at the data vulnerabilities that can occur when a platform fades into oblivion. Then, we check the global economic pulse with new data from the International Monetary Fund. Also, we discuss what to do when political discussion forces its way into the workplace in the newest installment of  “Ask A Manager.” Today’s show is sponsored by Alliance for Lifetime Income (retireyourrisk.org), GAIN Capital Group (gaincapital.com) and PayPal (paypal.com). (10/09/2018). 

(Markets Edition) New numbers show the benefits of aggressively helping young people finish school and find jobs. A study followed two groups, both ages 16 to 24, on their journeys. Then we dive into the markets, where the latter half of this week signals the beginning of a new season of sorts for market participants. Also, we check in on the last American gumball company standing, Ford Gum and Machine Company, which has been around for more than a century. Today’s show is sponsored by Alliance for Lifetime Income (retireyourrisk.org), GAIN Capital Group (gaincapital.com) and PayPal (paypal.com). (10/09/2018)

(Global Edition) From the BBC World Service …  A new report on climate change says 2.5 percent of global GDP needs to be spent each year for two decades to stop global warming. We hear from the co-chair of the International Panel on Climate Change. Then, Brazil’s voters handed a previously fringe candidate nearly half the vote in Sunday’s election, but he’ll face a runoff election  at the end of the month after failing to secure a majority. What does that mean for a country facing continued economic hardship? After, we’ll take you to Sulewesi in Indonesia where schoolchildren are heading back to the classroom after a catastrophic tsunami and earthquake killed at least 1,900 people. Today’s show is sponsored by Michigan Economic Development Corporation (planetm.com), Navy Federal Credit Union (navyfederal.org) and PayPal (paypal.com). (10/08/2018)

(U.S. Edition) Scientists with the International Panel on Climate Change have gathered in South Korea and released a report Monday outlining the steps that need to be taken to stop global temperatures from rising by more than 1.5 degrees Celsius. It also says that We also examine how goods and services indicate a growing trade deficit, but services alone offer different insights. Then, we talk to Karen Petrou, a familiar voice on the show, and one that now wants to call attention to a financial innovation designed to draw big money to help fight blindness. Today’s show is sponsored by Michigan Economic Development Corporation (planetm.com), Navy Federal Credit Union (navyfederal.org) and PayPal (paypal.com). (10/08/2018)

(Markets Edition) Has the world gotten complacent about the price of oil? According to the Wall Street Journal, bets on oil surpassing $100 per barrel have doubled in the last month. Julia Coronado at Macropolicy Perspectives has more. Then, we examine the growing trade deficit as seen through goods and services … specifically services. Also, across two hemispheres, officials are cutting back on how much financial cushion banks set aside for emergencies. We look at how this can factor into economic stimulus and financial market risk with Nancy Marshall-Genzer. Today’s show is sponsored by Michigan Economic Development Corporation (planetm.com), Navy Federal Credit Union (navyfederal.org) and PayPal (paypal.com). (10/08/2018)

(Markets Edition) The Labor Department’s household survey from Friday morning shows rising payroll tallies in September, along with July and August’s totals revised upward. Also, the unemployment rate improved even further. Also, the Department of Transportation has released new guidelines for self-driving vehicles. One key adjustment: A human is no longer required to be in the driver’s seat for autonomous commercial vehicles. Then, we learn about how China’s taxpayers are getting more money to take home. Today's show is sponsored by American Express (americanexpress.com) and PayPal (paypal.com). (10/05/2018)

(U.S. Edition) The September jobs report is gaining most of the attention on Friday morning, with forecasters expecting signs of steady jobs growth. But one thing that appears to be leveling off is the manufacturing sector. We look into why. We also look at Walmart’s efforts into offering better job training to workers after the company joined about a dozen others in a pledge to train millions of workers in the next five years. Also, we look into the trouble of Danske, the Danish bank blanketed in a money laundering scandal. Today's show is sponsored by American Express (americanexpress.com) and PayPal (paypal.com). (10/05/2018)