Marketplace Morning Report

(Global Edition) From the BBC World Service ... British regulators are turning up the heat on Facebook, demanding answers from CEO Mark Zuckerberg and access to databases and servers of data firm Cambridge Analytica, which is accused of using personal information from 50 million of the social media giant’s users in the run up to the 2016 U.S. election. Afterwards, there’s a problem with plastics washing up on beaches in the Philippines. Now, businesses are taking matters into their own hands – one is even enticing beach goers to swap a basket of litter they collect for a free beverage they can enjoy while sunbathing.

(Markets Edition) Cambridge Analytica's decision to harvest the info of millions of Facebook users has jittered the markets, but investors may be worried about more than the story at hand. Max Wolffe, chief economist at the Phoenix Group, joined us to explain why. Afterwards, we'll look at what the interest rate forecast for the year looks like prior to the Fed's meeting today, and then discuss the latest updates with the Takata airbag recall.

(Markets Edition) Jerome Powell is set to chair his first interest rate meeting at the Federal Reserve this week, and you can expect rates to go up. We'll talk to economist Julia Coronado from MacroPolicy Perspectives about how the possibility of interest hikes — and America's new trade policies — is making the markets nervous. Afterwards, we'll look at how companies use coupons for name-brand drugs to steer customers away from purchasing lower-cost generics. Then to cap off today's show, we'll share a portion of our interview with Henry Paulson, former Treasury secretary, on some of the economic problems he sees plaguing America. It's part of a longer conversation with Timothy Geithner (former president of the New York Fed) and Ben Bernanke (the former head of the Federal Reserve) available on marketplace.org right now.

(U.S. Edition) AT&T's bid to buy Time Warner in an $85 billion deal is heading to court today. We'll look at why AT&T wants to make this move — and what some of the consequences could be if this deal goes through. Afterwards, we'll preview part of our interview with Timothy Geithner, former president of the New York Fed, about whether the government was right to rescue big banks back during the financial crisis. It's a part of a longer conversation with Henry Paulson (Treasury secretary under President Bush) and Ben Bernanke (the former head of the Federal Reserve) available on marketplace.org right now. Plus: How city fees and service charges are rising around the country.

(Global Edition) From the BBC World Service … China today named a new central bank governor, but it’s another appointment that’s garnering attention. Liu He, who has been tapped as vice premier, believes his country’s economic growth model, which relies heavily on debt, is posing a fundamental issue of security. We’ll tell you what it means for China’s future economic policies. Then, Russian President Vladimir Putin will lead his country for another six years, but what will the nation’s continued saber rattling mean for U.S. sanctions and economic stability? Afterward, we’ll take a look at the construction industry and the problem plastic waste poses for the planet.

(Markets Edition) New housing construction fell 7 percent last month and retail sales aren't looking the strongest. We'll talk to Chris Low, chief economist at FTN Financial, about how turmoil in Washington can trickle down to businesses. Afterwards, we'll look at how real estate agents are experimenting with new ways to find clients in an increasingly competitive field. Plus: A new report that says Trump's team is getting ready to punish China for stealing U.S. intellectual property.

(U.S. Edition) Russia is holding its presidential election this weekend, and the winner will likely be Vladimir Putin. But as he cruises toward a third term, he'll continue presiding over a sluggish economy. On today's show, we'll take a look at some of the economic issues the country is facing. Plus: While the U.S. has inched toward easing economic sanctions on Iran, that may changed now that CIA Director Mike Pompeo has taken over the role of Secretary of State from Rex Tillerson. We'll discuss what could happen if the U.S. decides to pull out of the Iran deal. Then, we'll chat with Cathy Cohen, a political science professor at the University of Chicago and the founder of the survey GenForward, about millennial attitudes toward technology and how they feel it could affect their job prospects.

(Global Edition) From the BBC World Service … Finance ministers from G-20 nations, the world's major economies, will meet in Argentina this weekend, against a backdrop of increasing talk of a global trade war. Chris Watling, chief executive of Longview Economics, tells us President Trump's view on trade relations with China is too simplistic. Also: On World Sleep Day, we hear that while a lack of sleep might be damaging to our health, the cost to economies could stretch into billions of dollars. Dr. Marco Hafner, senior economist at Rand Europe, explains the findings. Plus: the BBC's Ijeoma Ndukwe visits a girl empowerment project in Nigeria, a country where more than 10 million children aren't in formal education.

(U.S. Edition) President Trump has tapped CNBC commentator Larry Kudlow as the new head the National Economic Council. Let's take a look at what Kudlow might bring to the job as the top economic adviser. Afterwards, we'll look at Unilever's decision to cut ties with London and base its headquarters solely in the Netherlands, and then talk to one finance expert about what happens when a bad employee enters the workforce.

(Markets Edition) The Senate has voted to relax the regulations put on banks after the financial crisis (also known as Dodd-Frank), which critics like Sen. Elizabeth Warren are calling "The Bank Lobbying Act." We'll look at how lax, exactly, these rules will become for the banking industry. Afterwards, we'll talk to economist Diane Swonk about what she thinks some of Dodd-Frank's limitations are, and then we'll head to Virginia to find out why the felony threshold for property theft is so low.