Marketplace Morning Report

(Markets edition) It's been a watershed week for people trying to figure out where to put their money. Big central bank meetings, an IMF report on U.S. fiscal policy and now President Trump is green-lighting $50 billion in tariffs against China, which has promised to retaliate. We'll check in on markets and talk about where things stand. Then, it's wedding season and we're wondering: Should newlyweds combine their bank accounts? Today's podcast is sponsored by Indeed. (06/15/2018) 

The International Monetary Fund warned this week U.S. tariffs could dent global growth, but according to reports, President Trump is preparing to unveil $50 billion worth of new tariffs on another batch of Chinese imports. If you’ve lost track of what’s covered and what’s not, we’ll take a step back and bring you up to speed. Then, China’s ride-hailing app Didi is the world’s most valuable startup, and it’s now expanding into Melbourne, Australia. Plus, the world’s most expensive movie poster ever sold fetched half a million dollars at auction, but what makes a poster so valuable? One hint: It doesn’t always have to do with a movie’s widespread success. Today's podcast is sponsored by Indeed (Indeed.com/marketplace). (06/15/2018)

(U.S. Edition) That's soccer, if you were wondering which one. But first: China is threatening quick retaliation against U.S. tariffs on $50 billion worth of goods. Our Shanghai correspondent will bring us the latest before we shift our focus up north, our relationship with Canadian agriculture. Plus: History seems to be repeating itself for the American soccer team in this year's World Cup. We'll look back to the 1998 tournament with Roger Bennett, host of a new podcast from Men in Blazers and WNYC called "American Fiasco." Today's podcast is sponsored by Indeed. (06/15/2018)

(U.S. edition) We might hear from the Supreme Court this morning on Janus v. AFSCME, the largest public employee union in the country. At issue: whether workers covered under a union contract should have to pay some dues, even if they're not in the union. While we wait for the decision we'll talk with Craig Helmstetter from APM Research Lab, which just released a surveyed Americans' opinions on the case. Plus: What you need to know about Elon Musk's plan to tunnel through in Chicago, and how rising gas prices could affect summer travel. (6/

(Global Edition) The Federal Reserve delivered on its expected rate rise yesterday, now it’s the European Central Bank’s turn to announce whether it will begin scaling back its financial-crisis era monetary policy efforts. But how much will weaker-than-expected growth in region and political uncertainty threaten that decision? Then, the World Cup kicks off today with Russia taking on Saudi Arabia in the inaugural match. While it’s a big opportunity to grab millions of eyeballs, some of the world’s biggest global brands are sitting on the sidelines. But we’ll explore why they might have another move up their sleeve. Afterwards, Britain is marking one year since a deadly high rise fire killed 72 Londoners. We take a look back at what happened and what’s changed. (06/14/2018)

The perfect U.S. and EU economies are growing in tandem, but America is a bit further along. The European central bank is backing off its stimulus program, while Federal Reserve Chair Jay Powell says the American economy nearing a Goldilocks-esque "just right" level where the bank can stop tinkering. But what's that actually look like? Surely, wages would have to come up, right? Then: A new study says you'd need to make $17.90 an hour to afford a modest one bedroom rental in the U.S. Trouble is, the minimum wage in most of the country is much lower. Plus: the tensest match-up at the World Cup.

(Global Edition) A port handling 70 percent of essential goods has been critical to people in Yemen who are dealing with what the U.N. calls the world’s worst humanitarian crisis. But today, that port and the city surrounding it have come under attack in the latest turn of a three-year civil war. Then, a rough year for currencies like the lira and the Argentine peso might just be settling in: The Federal Reserve is expected to raise interest rates again today. We’ll explain how tighter monetary policy is contributing to volatility in Turkey, Argentina, and other emerging markets. Afterwards, the business of new digital currencies is heating up in Iceland as more companies set up bitcoin mines. We’ll take you there to find out why. Today's podcast is sponsored by Abby Connect (abbyconnect.com/morning), Indeed (Indeed.com/marketplace), and Michigan Economic Development Corporation (planetm.michiganbusiness.org). (06/13/2018)

(Markets Edition) The Fed is set to hike interest rates today, but are they going to going to continue raising them throughout the year? We'll talk to regular Susan Schmidt, senior vice president at Westwood Holdings Group, about the language the Fed will try to communicate in its meeting minutes. Afterwards, in light of the AT&T-Time Warner ruling, we'll hear from one expert in antitrust law about the difference between vertical and horizontal mergers, and what the judge's decision means for the future of mega mergers. Plus: We look at the fate of the Senate's version of the Farm Bill. Today's podcast is sponsored by Abby Connect (abbyconnect.com/morning), Indeed (Indeed.com/marketplace), and Michigan Economic Development Corporation (planetm.michiganbusiness.org). (06/13/2018)

(U.S. Edition) "You don't need a weatherman to know which way the wind blows," Bob Dylan once sang, and apparently U.S. District Court Judge Richard Leon agrees, because he cited this lyric in his 172-page ruling on the AT&T-Time Warner merger. Now that the two companies officially have the green light to go through with the deal, we'll dive into some of the remarks Judge Leon made, and whether the government can still try to fight against the decision. Afterwards, we'll talk with Politico reporter Nancy Cook about the Trump administration's plans to rename the Department of Health and Human Services, which is part of a broader reshuffling of federal government departments. Today's podcast is sponsored by Abby Connect (abbyconnect.com/morning), Indeed (Indeed.com/marketplace), and Michigan Economic Development Corporation (planetm.michiganbusiness.org). (06/13/2018)

(U.S. Edition) President Trump and North Korean leader Kim Jong-un met at a historic summit this Tuesday, signing a statement calling for the denuclearization of the Korean peninsula. One tactic Trump used in his talks: a fake movie trailer presenting two different paths for North Korea. We'll look at the purpose of the video, and what Trump had to say about economic sanctions on the country. Afterwards, we'll explore how the economy might be heading toward a path where short-term rates are higher than long-term borrowing costs, and then we'll discuss the possibility of a 1 percent tax on all new construction in Philadelphia. Today’s podcast is sponsored by Pitney Bowes (pb.com/MORNING) and Indeed (Indeed.com/marketplace). (06/12/2018)