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(U.S. Edition) President Trump is back on the attack against Federal Reserve chair Jerome Powell, saying he's "not thrilled" with the Fed for boosting interest rates during an interview with Reuters. He also took time to toss some criticism at China mere days before trade talks are supposed to resume in Washington. Then, we take a look at the rise of used car prices, which have grown a little more than 5 percent from the previous year in July, according to data from Cox Automotive. Also, we look at the fiscal relationship between domain names and countries, like Israel.com or Korea.com, which have sold for millions. The former owner of France.com is suing France – the whole country – after it seized his domain name. Today’s show is sponsored by Alliance For Lifetime Income (retireyourrisk.org/advisors) and Indeed (Indeed.com/marketplace). (08/21/2018)
(Markets Edition) More than 2 million people get government aid to help pay rent through Section 8 housing, or the Housing Choice Voucher program. But new research is showing that landlords are making the choice to refuse most of those vouchers. The Department of Housing and Urban Development is working on a solution – a task force designed to get more landlords on board with the program. Also, we look at how tomorrow signals the longest bull run ever ... but when is the drop going to come? Then we look at what companies that go public, and how some of them are adapting strategies dating back to the dot-com boom to make post-IPO money. Today’s show is sponsored by Alliance For Lifetime Income (retireyourrisk.org/advisors) and Indeed (Indeed.com/marketplace). (08/21/2018)
(Markets Edition) Jackson Hole in Wyoming will be hosting the annual gathering of the Federal Reserve this week, where lots and lots of economic data is presented and discussed. Fed chairman Jerome Powell is set to deliver a speech on Friday, which will be a highlight for bankers and investors. Making sense of it all is Macro Policy Perspective founder Julia Coronado, who spoke with us. Then, we check in on the southern India state of Kerala, where hundreds have died from flooding caused by monsoon rains. Roughly 800,000 people have been displaced, and the area's major airport has also been flooded. Anu Anand of the BBC gave us an update. Also, we examine the resurgence of rosé wine in the U.S., which goes against wine buffs' perception of rosé as a cheap afterthought. Today's show is sponsored by Indeed (Indeed.com/marketplace) and Michigan Economic Development Corporation (planetm.com). (08/20/2018)
(U.S. Edition) Today, Washington will be host to hundreds of companies testifying about the Trump administration's plan to impose roughly $200 billion more in tariffs on goods from China. Most economists are seeing this as a bad move for the nation's economy, according to a survey from the National Association for Business Economics. Also, commuters from New Jersey heading into to new are bracing for hard times as this morning marks the start of construction-related lane closures heading into the Lincoln Tunnel. During rush hour, about 10,000 cars an hour move through the tunnel. Then, we check in on the United States' place in the worldwide tech race, specifically artificial intelligence. An expert shares how other countries have pulled ahead. Today's show is sponsored by Indeed (Indeed.com/marketplace) and Michigan Economic Development Corporation (planetm.com).
(Global Edition) From the BBC World Service … Greece exits its third bailout today, but not everyone is celebrating 10 years after a financial crisis brought the country to its knees. Then, in Venezuela, inflation could reach 1 million percent by the end of the year as residents deal with sky-high inflation and economic hardship. Today, the country is taking five zeros off its currency in an effort to alleviate some of the pain. Afterwards, efforts to reduce plastic pollution are underway in many parts of the globe, but in Australia, some groups have been experiencing bag rage. Today's show is sponsored by Indeed (Indeed.com/marketplace) and Michigan Economic Development Corporation (planetm.com). (08/20/2018)
(Global Edition) From the BBC World Service … A group of British lawmakers say the country’s national health service should promote e-cigarettes as a way of helping people stop smoking. But the World Health Organization is against the promotion of vaping. We’ll explore the evidence on both sides of the $15 billion dollar e-cigarette industry. Then, well-known for its burgers and fries, McDonald’s has become a staple of the fast-food industry around the world. But the Golden Arches is stepping up efforts in the higher-end menu space, and one London restaurant got a red-carpet rollout this week, complete with white-gloved butlers and faux-gold plated dinnerware. We’ll explore whether the world’s biggest burger chain going too upmarket too fast. Today's show is sponsored by Abby Connect (Abbyconnect.com/morning), Indeed (Indeed.com/marketplace) and Carbonite (www.carbonite.com). (08/17/2018)
(Markets Edition) One year ago, a tropical storm called Harvey formed and eventually morphed into Hurricane Harvey, making a devastating impact on Texas. Federal forecasters say this year's edition of hurricane season probably won't bring another Harvey-like storm, but Marketplace's Reema Khrais told us how vulnerable areas are applying lessons they learned from Harvey's appearance. Then, while e-cigarettes have U.S. regulators concerned, British authorities are actually focusing on the benefits of vaping, as the BBC's Anu Anand told us more. And, Monday is the day Greece formally leaves the so-called "bailout" program. Stephen Beard shared with us how the Euro still has quite the presence in the minds of many Greeks. Today's show is sponsored by Abby Connect (Abbyconnect.com/morning), Indeed (Indeed.com/marketplace) and Carbonite (www.carbonite.com). (08/17/2018)
(U.S. Edition) The opioid epidemic is getting more attention from the Trump administration, with the Drug Enforcement Agency and the Justice Department asking pharmaceutical companies to dial back production of some of the most abused prescription painkillers. Marketplace's Justin Ho tells us more. Also, the U.S. Department of Agriculture is lending a hand to struggling dairies in the form of a $50 million purchase of milk, which is about 12- to 15-million gallons. The milk will get to people through soup kitchens and food banks. Then, we talk about life in an actual toxic environment – we talk to reporter and lawyer Jamie Kitman, who recently wrote a piece in The Nation detailing how toxic chemicals surround our everyday lives, and how much of it can be tied to additives in gasoline. Today's show is sponsored by Abby Connect (Abbyconnect.com/morning), Indeed (Indeed.com/marketplace) and Carbonite (www.carbonite.com). (08/17/2018)
(U.S. Edition) China is sending a delegation to Washington later this month to see if there's a way both countries can move on from this battle of dueling tariffs. Marketplace's China correspondent Jennifer Pak joined us to shed more light on what this means. Also, it's the time of year when shipping picks up for holiday-themed goods, which then start filling up the border and ports. The aforementioned tariffs become a factor as well, as Mitchell Hartman reports. Then, we check in on Greece, which is approaching the day it leaves the bailout program it's been in for the last eight years. Does this mean Greece is ready for financial independence? Stephen Beard reports from Athens. Today's show is sponsored by Battelle (Battelle.org/QI) and Indeed (Indeed.com/marketplace). (08/16/2018)
(Global Edition) From the BBC World Service … Politicians and corporations are continuing to point fingers about who is responsible for a bridge collapse this week in Italy. Now, the government is threatening to take over the nation’s motorways. Then, in a bid to increase levels of local homeownership in New Zealand, the country’s government has passed legislation restricting foreigners from buying residential property after the prime minister blamed foreign speculators for driving up home prices. Today's show is sponsored by Battelle (Battelle.org/QI) and Indeed (Indeed.com/marketplace). (08/16/2018)
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