Marketplace Morning Report

(Global Edition) From the BBC World Service … A global trade war has raised concerns about the impact on the world's biggest economies. But it's emerging markets that have been rattled most this year – Argentina’s push for faster aid from the International Monetary Fund is just the latest example. Then, James Dyson is best known for his bladeless fans and bagless vacuum cleaners. Now, he’s getting into electric cars. Afterwards, the Nano from carmaker Tata was marketed as the world’s cheapest car, but nearly a decade after it launched, production has stopped. We’ll take you to India – where just three of those cars sold in June – to talk to residents about why the company’s marketing turned off would-be buyers. Today's show is sponsored by Abby Connect (Abbyconnect.com/morning) and Indeed (Indeed.com/marketplace). (08/30/2018)

(Global Edition) From the BBC World Service … Aston Martin – James Bond’s car brand of choice – is revving up for a trading debut on the London Stock Exchange. The company’s boss explains why he believes now, with Brexit looming on the horizon, is the right time to take the luxury carmaker public. Then, for some parents, back-to-school season is the most wonderful time of the year. But for kids in France who face a cell phone ban in schools, it puts a damper on heading back to the classroom. We chat with France’s education minister about the effectiveness of device bans. Afterwards, Iran’s supreme leader today asked his country’s government to work “day and night” to resolve economic problems as U.S. sanctions and a worsening drought are causing a lot of pain for Iranians. Today's show is sponsored by Battelle (Battelle.org/QI), Indeed (Indeed.com/marketplace) and Michigan Economic Development Corporation (planetm.com). (08/29/2018)

(U.S. Edition) The NAFTA negotiations between the U.S. and Mexico continue, with both nations tentatively agreeing to higher labor standards. Automakers are focusing on a provision that 40 to 45 percent of a car to be constructed by workers making at least $16 per hour. Marketplace's Andy Uhler looks into how that policy impacts American automakers. Then, we move from autos to tires, examining how Sears and Amazon are joining forces to alter the way people get them. What led these two competitors to partner up? Also, we examine inflation, and how the talk of last week's central bankers' meeting in Wyoming focused on the concept known as NAIRU, or non-accelerating inflation rate of unemployment. Chris Farrell told us more. Today's show is sponsored by Battelle (Battelle.org/QI), Indeed (Indeed.com/marketplace) and Michigan Economic Development Corporation (planetm.com). (08/29/2018)

(Markets Edition) The Federal Reserve confirmed a new vice chair on Tuesday. His name is Richard Clarida, and unlike Fed chair Jerome Powell, he's an academic. Nancy Marshall Genzer told us more about him. Also, school time in France means we'll get a look at a new French law that actually bans mobile phones in school for students 15-years-old and younger. We then examine a lesser-known form of college admissions that allows admitted students to begin school during in their sophomore year ... meaning that they need to find another place to go for the first year. Today's show is sponsored by Battelle (Battelle.org/QI), Indeed (Indeed.com/marketplace) and Michigan Economic Development Corporation (planetm.com). (08/29/2018)

(Global Edition) From the BBC World Service… A preliminary new trade agreement between the U.S. and Mexico looks to shift some auto manufacturing away from China and into Mexico and seeks to improve labor provisions. So, what impact could this have on the global auto industry? Then, the UN security council meets to discuss a demanding human rights report and possible further action in Myanmar. Will this have an impact on the economy, hungry for foreign investment after decades of military rule? Then, a hot, dry summer might be ideal beach-going weather, but in many parts of the world, it’s meant hardship for farmers and higher food prices for consumers. We’ll take you to a farm in Southeast England to see just how the unusual conditions have impacted food growers and what action they’re taking over the long term.  (08/28/2018)

Not quite. At least, not yet. The U.S. and Mexico have reached a preliminary deal on updates to NAFTA. Negotiators focused on car manufacturing, digital trade and agriculture. Now, it’s Canada’s turn. Canada’s foreign minister visits Washington today to continue trade negotiations on behalf of her country. We look at the sticking points that remain for Canada in joining the revised deal. Then, we talk with reporter David Zweig, who recently wrote about the FCC radio band auction’s impact on wireless microphones, and the theater companies and schools across the country that use them. 

Today's show is brought to you by Indeed (Indeed.com/marketplace) and Alliance For Lifetime Income (retireyourrisk.org/advisors). (08/28/2018)

The trade deficit got a little bigger last month — that means we imported more than we exported. Is this goods coming in under the wire because of tariffs? Then, Toyota is investing $500 million in Uber. They’re aiming to build a fleet of autonomous vehicles and put them on the road in the next few years. And, say you won a primary congressional race. Now your scrappy primary team is facing the big fight of the general election, and you need more people.  What jobs need staff and what can be farmed out to volunteers? We profile one of these new candidates as they scramble to get ready for the big election in November.

(Global Edition) From the BBC World Service… President Trump will host Kenya’s president at the White House today, a meeting that could bring about partnerships in tourism and infrastructure projects. So, what does this gathering mean for bolstering relations between the U.S. and Africa? Then, Chinese ride-hailing service Didi Chuxing has suspended service following the second murder of a passenger this year. There’s a wave of public backlash on social media, and the government’s transport ministry has called for concrete measures to improve public safety. Afterwards, we’ll investigate corporate governance consequences of declining numbers of private shareholders. (08/27/2018)

(U.S. Edition) NAFTA negotiators from Mexico and the U.S. met through the weekend to work out the details of their trade agreement. What's the rush? Negotiations have to be wrapped up by September 1 if the Trump administration wants the current congress to vote on it. Then, government aid is coming to U.S. farmers hit by tariffs, but probably won’t be enough. Farmers are due some relief in the form of subsidies from the USDA, the agency says it it will be spending $12 billion on relief efforts. However, corn, wheat, soybean and dairy farmers caught up in the escalating trade war say they don’t even know how to calculate the total losses. After, we speak to Cathy Cohen from the University of Chicago about her recent findings on gender parity and feminism in the latest GenForward survey of millennials. According to the study, the majority of young people support equality for women but they don't all call themselves feminists.  

Today's show is brought to you by Indeed (Indeed.com/marketplace) and Michigan Economic Development Corporation (planetm.com). (08/27/2018)

We're expecting the announcement of a deal between Mexico and the U.S. as a part of the NAFTA overhaul. We talk to Julia Coronado from MacroPolicy Perspectives about how the markets might react. Then, Elon Musk abandons plans to take Tesla private despite his tweet saying that he had "funding secured." Some wonder if Musk has gone from Tesla's biggest asset to Tesla's biggest risk. Later, the Iranian parliament has ousted the country's finance minister. MPs held a vote of no confidence for Masoud Karbasian over problems in the banking system, tax regulation, and his failure to present a plan to fix the economy.

Today's show is brought to you by Indeed (Indeed.com/marketplace) and Michigan Economic Development Corporation (planetm.com). (08/27/2018)