Marketplace Morning Report

(Markets Edition) China reported last month that it had a record trade surplus with the U. S. — another way of saying it had a record trade deficit with the country. But there were some other surprises buried deeper in the data, which we'll dive into on today's show. Afterwards, we'll discuss how Amazon's competitors have started hopping on the "Prime Day" bandwagon. Today's podcast is sponsored by Abby Connect (abbyconnect.com/morning), Carbonite (Carbonite.com), and Indeed (Indeed.com/marketplace). (07/13/2018) 

(Global Edition) From the BBC World Service … Protesters have lined the streets in central London this morning to speak against President Trump’s visit to the capital. Prime Minister Theresa May was counting on support from her U.S. counterpart with Brexit negotiations reaching a crescendo, but overnight comments from the president might have squashed her hopes. Then, new figures released today show China’s trade surplus with the U.S. hit a record high last month. How much of that has to do with escalating trade tensions between the two nations? We put that question to one of our economic analysts. Today's podcast is sponsored by Abby Connect (abbyconnect.com/morning), Carbonite (Carbonite.com), and Indeed (Indeed.com/marketplace). (07/13/2018) 

(U.S. Edition) President Trump visited the U.K. this week, leaving some very mixed messages. We'll discuss how the trip went, along with the British prime minister's push to snag a bilateral trade deal with the country. Afterwards, as part of Fed Chair Jerome Powell's first broadcast interview, we'll preview parts of his conversation with Marketplace's Kai Ryssdal, and then we'll talk to The Economist about its "Big Mac Index," which measures the difference between the price of a Big Mac in different countries to help us understand their currencies. Today's podcast is sponsored by Abby Connect (abbyconnect.com/morning), Carbonite (Carbonite.com), and Indeed (Indeed.com/marketplace). (07/13/2018) 

(Global Edition) From the BBC World Service … After a stormy week of resignations, the British government is about to publish its latest proposals for exiting the European Union. Will this blueprint deliver the promised "comprehensive vision" to businesses craving a clear direction? We hear from the new Brexit secretary, Dominic Raab, and Adam Marshall, director general of the British Chambers of Commerce. Also in this edition: as President Trump begins his first official visit to the U.K., the BBC's Anu Anand finds out whether he can expect to receive a warm welcome. Today's podcast is sponsored by Alliance for Lifetime Income (retireyourrisk.org/advisors), Battelle (Battelle.org/QI), and Indeed (Indeed.com/marketplace). (07/12/2018) 

(U.S. Edition) With the China and the U.S. constantly going back and forth about trade, we'll take a look at how U.S. businesses in China are feeling about escalating tensions. Afterwards, we'll discuss what the United States' increase in oil production means for U.S. consumers, and then we'll explore how Costa Rica has created a program to offer hormone replacement therapy for transgender people. Today's podcast is sponsored by Alliance for Lifetime Income (retireyourrisk.org/advisors), Battelle (Battelle.org/QI), and Indeed (Indeed.com/marketplace). (07/12/2018) 

(Markets Edition) Over the next few days, the country's biggest banks are gearing up to report their earnings for the most recent quarter — and expectations are high. We'll look at why analysts are anticipating strong earnings. Afterwards, we'll discuss how investors are starting to ask for higher returns in the short term from the government — a potential sign of a recession. Then finally, we'll talk about the rising price of vanilla, which is forcing some players in the ice cream world to make adjustments. Today's podcast is sponsored by Alliance for Lifetime Income (retireyourrisk.org/advisors), Battelle (Battelle.org/QI), and Indeed (Indeed.com/marketplace). (07/12/2018) 

(U.S. Edition) The trade war between the U.S. and China is escalating. The Trump administration has published an additional list of $200 billion worth of Chinese goods that it wants to hit with tariffs. We'll discuss China's response to this list, and the change in the types of products that we're hitting with penalties. Afterwards, we'll look at how some U.S.-China deals are staying on track, despite all this trade turmoil. Tesla is building its first factory outside of the U.S. in Shanghai. Plus, as part of series "Divided Decade," we'll hear from Orange County resident Laryn Lee about the troubles her family faced during the financial crisis. Today's podcast is sponsored by Avast (avast.com), Michigan Economic Development Corporation (planetm.michiganbusiness.org), and USPS (USPS.com/future). (07/11/2018)

(Markets Edition) Pfizer has reversed its big price increase following pressure from Trump and his administration. We'll discuss some of the reasons why they may have taken heed of the government's words, and why there could still be a catch. Afterwards, we'll explore how the trade war affects banks, and then we'll talk about a potential bilateral trade deal between the U.S. and the U.K. Today's podcast is sponsored by Avast (avast.com), Michigan Economic Development Corporation (planetm.michiganbusiness.org), and USPS (USPS.com/future). (07/11/2018)

(Global Edition) From the BBC World Service … A fresh list of potential Chinese tariff targets from the U.S. this morning is sending global markets solidly lower. China says it’s “shocked” by the measures. So what’s included and when could they go into effect? Then, President Trump is at the NATO meeting in Brussels today. While he’s criticized Germany for not contributing enough to the alliance’s defense budget, the meeting has big implications for trade, too. Afterward, it’s a big night for England as its team makes a semi-final appearance in the World Cup. With fans packing into pubs and spending extra cash on jerseys, booze and meals out, there’s bound to be an economic benefit for the local economy, right? We’ll chat with an economist about what boost the British economy is likely to see. Today's podcast is sponsored by Avast (avast.com), Michigan Economic Development Corporation (planetm.michiganbusiness.org), and USPS (USPS.com/future). (07/11/2018)

(Markets Edition) With news that Trump has nominated Brett Kavanaugh as the next Supreme Court Justice, we'll take at look at the high court's track record when it comes to  pro-business issues. Afterwards, we'll chat with market strategist Karyn Cavanaugh about how all this trade war talk has yet to be reflected in company earnings, and then we'll discuss how Norway is undergoing an oil supply squeeze due to a worker's strike. Today's podcast is sponsored by Anchor, LLC (anchorbooks.co/marketplace), Avast (avast.com), and Carbonite (Carbonite.com). (07/10/2018)