Marketplace Morning Report

(Global Edition) From the BBC World Service … it’s a sea of red in global markets amid escalating concerns about a trade war between the world’s two biggest economies. We’ll tell you what’s next for China after the U.S. said it will impose new tariffs on imports from the country.   Then, how long will it take you to commute today? Twenty minutes on the subway? An hour in the car? In Sao Paulo, Brazil, many workers sit for three hours in mad traffic. We’ll take you there and explain how some are battling back with a new high-flying commuting method.

(U.S. Edition) The banking giant Citigroup has announced new retail business clients will have to put restrictions on gun sales. We'll look at some of their requirements and whether these rules will affect existing clients. Afterwards, we'll discuss how survivors of last month's deadly shooting in Parkland, Florida, organized a march in support of stricter gun control laws. Plus: Why Trump's trade policies may resurrect COMECON, an old communist trade policy.

(Markets Edition) Congress recently approved a $1.3 trillion bill, but this battle isn't over yet. President Trump just tweeted that he might veto the measure, shortly before the stock market opened. We'll talk to Christopher Low, chief economist at FTN Financial, about how the markets are doing. Afterwards, with news that Toys R Us is closing its stores, we'll look at how its decision to file for bankruptcy has affected suppliers and workers.

(Global Edition) From the BBC World Service … The White House is set to unveil sanctions against China today after finding it encourages theft or transfer of intellectual property. But China’s threatening to fight back … so is a trade war just over the horizon? Then, how’s this for irony: A French company is poised to win a contract to make Britain’s passports in a post-Brexit world. We’ll hear from the U.K. company that’s set to lose out on the production. Afterward, a trip to a business with a unique take on how to tackle the problem of throw-away plastics.

(Markets Edition) The Fed has decided to officially raise interest rates. With Jerome Powell, the new head of the Federal Reserve, meeting with the media yesterday, what impression does he give off? Diane Swonk, chief economist at Grant Thornton, joined us to give her evaluation. Afterwards, we'll discuss how rising house prices are becoming beneficial for sellers, but hurting buyers.

(U.S. Edition) The Trump administration is getting ready to announce how it will punish China for the way it handles the trade secrets of U.S. firms. On today's show, we'll take a look at how China may retaliate. Afterwards, with Friday night the deadline for Congress to pass a spending bill, we'll talk about the major Gateway infrastructure project included in the bill, which is critical to the northeast. Plus: We'll discuss whether more large tech companies will start going public after Dropbox's IPO today.

(Markets Edition) President Trump wants to use a multi-million media campaign to help combat the opioid epidemic. But do public health campaigns actually work? We'll look at some previous advertising efforts to steer people away from drugs. Afterwards, we'll discuss how Pittsburgh's plan to green up the city may leave low-income residents behind.

(Global Edition) From the BBC World Service … Aleksandr Kogan, the Cambridge Analytica academic who created the Facebook app that harvested data from millions of users, told the BBC this morning he’s been made out to be a scapegoat. You’ll hear from him why he believes the accuracy of his data has been “extremely exaggerated” and why he doesn’t think it could have swayed the 2016 presidential election.

(U.S. Edition) Facebook has launched an internal investigation into what it sees as the misuse of its data by the U.K.-based firm Cambridge Analytica, which the Federal Trade Commission is also looking into. And this isn't the social media giant's first run in with the FTC. On today's show, we'll look at their complicated past. Afterwards, we'll explore how "opportunity zones" are trying to draw private investment by providing tax incentives, and then talk about the advantages of buying electric cars in Norway.

(U.S. Edition) The U.K.-based data firm Cambridge Analytica continues to be embroiled in scandal. We'll look at how investors are reacting to reports that it used Facebook data to manipulate voters on behalf of the Trump campaign, and then talk about the release of a video showing Cambridge's CEO claiming his company was able to entrap foreign politicians. Plus: A look at why some states are pushing back against pharmaceutical coupons for branded drugs.