Marketplace Morning Report

(Global Edition) From the BBC World Service … European regulators have accused the internet search giant of abusing the dominant position of its Android smartphone system. We explain the implications of the European Union's move. Then, it’s a golden moment for a couple of regions in Africa. Until a few days ago, you couldn’t even make a phone call between Ethiopia and Eritrea. But after two decades of tensions, passenger flights are resuming between the two countries. Finally, where in Africa can you get faster internet speeds than London or Toronto? We reveal all. Today's podcast is sponsored by Michigan Economic Development Corporation (planetm.michiganbusiness.org), Anchor, LLC (anchorbooks.co/marketplace), and Indeed (Indeed.com/marketplace). (07/18/2018).

(Markets Edition) The construction of new homes in the U.S. plunged in June, according to data out today. We'll chat with Susan Schmidt, senior vice president at Westwood Holdings Group, about how much of a cause for concern this is. Afterwards, we'll discuss a new study that finds urgent care centers are prescribing antiobiotics to nearly half of patients with colds or the flu, which could actually end up harming patients. Then to cap off today's show, we'll explore how California's education system isn't see much of a return on the state's lottery revenues. Today's podcast is sponsored by Michigan Economic Development Corporation (planetm.michiganbusiness.org), Anchor, LLC (anchorbooks.co/marketplace), and Indeed (Indeed.com/marketplace). (07/18/2018)

(U.S. Edition) The European Commission is set to fine Google a record $5 billion over antitrust practices related to its Android system. We'll explore what this ruling could mean for the way Google operates. Afterwards, we'll discuss why MGM is planning to sue some of the victims in last October's mass shooting in Las Vegas. Plus: We'll explore the economics of birth order with economics professor Sandra Black. She talked to us about evidence that shows first-born children tend to better when it comes to earnings and education. Today's podcast is sponsored by Michigan Economic Development Corporation (planetm.michiganbusiness.org), Anchor, LLC (anchorbooks.co/marketplace), and Indeed (Indeed.com/marketplace). (07/18/2018)

(Global Edition) From the BBC World Service … About 600 million people are about to benefit from a major free trade agreement between the European Union and Japan in what's called a "cars-for-cheese deal." With tariffs on most goods set to disappear, we explain why it’s America — not Asia — that’s suffering from the “protectionist disease." Then, the world's largest e-commerce retailer may be running a massive promotion, but in Germany, Amazon's workers are striking over pay. And, Pakistan’s economy is in trouble: the country has been to the International Monetary Fund more than a dozen times in the last three decades. How does that play into instability and terror? Today's podcast is sponsored by Alliance for Lifetime Income (retireyourrisk.org/advisors), Avast (avast.com), and USPS (USPS.com/future). (07/17/2018)

(U.S. Edition) The Federal Communications Commission has thrown a wrench into a proposed merger between Sinclair Broadcast Group and the Tribune Media Company. We'll look at why FCC Chairman Ajit Pai, who's considered pretty business-friendly, has a problem with the deal. Afterwards, we'll discuss the state of Netflix's growth, and then we'll examine how Major League Baseball still makes money — even though game attendance is down. Today's podcast is sponsored by Alliance for Lifetime Income (retireyourrisk.org/advisors), Avast (avast.com), and USPS (USPS.com/future). (07/17/2018)

(Markets Edition) Fed Chair Jerome Powell is set to begin two days of testimony on Capitol Hill, and investors are watching closely. We'll talk to Gabriela Santos — global market strategist with JP Morgan Funds — about what we should expect. Afterwards, we'll discuss Goldman Sachs' new CEO, David Solomon, and why the news is so significant, and then we'll explore the growing problems restaurants have in finding enough staffing. Today's podcast is sponsored by Alliance for Lifetime Income (retireyourrisk.org/advisors), Avast (avast.com), and USPS (USPS.com/future). (07/17/2018)

(U.S. Edition) While President Trump is meeting with Russian President Vladimir Putin, leaders from the European Union are meeting with China. We'll look at whether this summit will push the two regions to band together against the U.S. Afterwards, we'll discuss why retail sales have been on the rise since the spring, and then we'll talk about what the closure of a rural hospital in southeastern Missouri — Twin Rivers Regional Medical Center — means for people who live nearby. Today's podcast is sponsored by Avast (avast.com), Indeed (Indeed.com/marketplace), and Michigan Economic Development Corporation (planetm.michiganbusiness.org). (07/16/2018).

(Markets Edition) We had some strong numbers for retail last month. The U.S. Census Bureau has revealed that June retail sales were up 0.5 percent. We'll hear from Julia Coronado, founder of MacroPolicy Perspectives, about what these figures say about consumers, the labor market and inflation. Afterwards, we'll discuss Facebook's plan to pay Fox News, CNN and ABC to make programs exclusively for the platform, and then we'll explore how wealthy residents in the Bay Area are sinking $20,000 into fancy heritage chickens and ornate homes for them. Today's podcast is sponsored by Avast (avast.com), Carbonite (Carbonite.com), and Indeed (Indeed.com/marketplace) (07/16/2018).

(Global Edition) From the BBC World Service … It’s official: Chinese growth figures showed the economy lost steam in the second quarter against a backdrop of growing trade tensions. Is it time to worry about the world’s second-largest economy? Meanwhile, European Union leaders have urged China, the U.S. and Russia not to start a trade war. We ask if multilateralism, mutual understanding and mutual respect are enough to avoid one. Then, imagine flying from New York to Singapore in just a couple of hours. The boss of Boeing thinks hypersonic jets are coming sooner than you think. Today's podcast is sponsored by Avast (avast.com), Carbonite (Carbonite.com), and Indeed (Indeed.com/marketplace) (07/16/2018).

(U.S. Edition) While President Trump is meeting with Russian President Vladimir Putin, leaders from the European Union are meeting with China. We'll look at whether this summit will push the two regions to band together against the U.S. Afterwards, we'll discuss why retail sales have been on the rise since the spring, and then we'll talk about what the closure of a rural hospital in southeastern Missouri — Twin Rivers Regional Medical Center — means for people who live nearby. Today's podcast is sponsored by Avast (avast.com), Carbonite (Carbonite.com), and Indeed (Indeed.com/marketplace) (07/16/2018).