Marketplace Morning Report

(Global Edition) From the BBC World Service … The Nobel Prize-winning economist Joseph Stiglitz warns the U.K. not to trust Donald Trump when it comes to making any kind of post-Brexit trade deal. Afterwards, Tesla heralds a breakthrough in green energy technology as it fires up the world’s largest battery in South Australia. Then, we hear how India has to create millions of new jobs each month to try and absorb the young and unemployed.

(U.S. Edition) Farmers and farm lobbyists, overall, seem to be pretty positive about the GOP's planned tax cuts, according to economist Chris Farrell. At least, for now. On today's show, we'll look at what aspects of the tax bill may be a cause for concern for this group, and whether these new tax rates could mean more government austerity to come. Afterwards, as part of Marketplace Weekend's reporting trip to Puerto Rico, we'll look at the growth of solar on the island.

(Global Edition) From the BBC World Service ... In Vienna,  OPEC oil producers and several other countries are deciding whether or not to keep production low past March. Afterwards, a British campaign group is taking Google to court, accusing the tech giant of unlawfully collecting information from millions of iPhone users. Then, 10 months after a general election brought regime change to The Gambia, all eyes are on tourism to boost the West African country's stunted economy.

(Markets Edition) As part of the GOP's planned tax overhaul, some Republicans have been pushing for changes aimed at helping families, like an expansion of the Child Tax Credit. But low-income parents wouldn't see that big of a benefit, according to a new study from the left-leaning Tax Policy Center. On today's show, we'll look at why they may not get as much help as advertised. Afterwards, we'll chat with economist Diane Swonk about President Trump's new choice to join the Federal Reserve: Marvin Goodfriend, a Carnegie Mellon University economist. Plus: A look at how GreatSchools.org is trying to overhaul its ratings system by taking into account disparities between different racial and income groups.

(Global Edition) From the BBC World Service … The British government has offered to significantly increase the sum it is prepared to pay the European Union when it leaves the bloc. The prime minister denied the settlement is as high as 55 billion euros but it could still be the breakthrough the U.K. needs to keep talks moving forward.  Afterwards, Bitcoin has broken through the $10,000 mark for the first time, but should investors be wary? Then, a new report says that global prosperity is the highest since 2007, but warning spots include Latin America, and even the U.S. and Britain.

(U.S. Edition) Senate Republicans may just be able to pass their bill to overhaul America's tax system. Republican Sen. Susan Collins, considered a swing vote, has indicated she'd be on board if she can get two bills that would potentially "mitigate the impact" of the individual mandate's repeal. We'll take a look at what's in these measures and whether they'd actually be effective. Afterwards, we'll discuss a new report that finds public investment in K-12 has declined since 2008, and then hear from Marketplace Weekend host Lizzie O'Leary about her visit to a still-devastated Puerto Rico. It's been months since hurricanes Irma and Maria, yet many are still without power.

(Markets Edition) It's been a long stretch for stocks, bonds, gold and bitcoin. But is this just the (really nice) calm before the storm? Susan Schmidt, senior portfolio manager at Westwood Holdings, joined us to discuss the European Central Bank's latest warning, which is that we may be in store for a global market correction. Afterwards, we'll discuss the Supreme Court's upcoming hearing on whether the Constitution should allow law enforcement to search our cellphone records without a warrant.

(U.S. Edition) Trump's choice to head the Consumer Financial Protection Bureau has instituted a freeze on hiring and new rulemaking at the agency, despite questions over whether he's the rightful successor. The CFPB is the brainchild of Massachusetts Sen. Elizabeth Warren, who stopped by to talk us about the controversy and the effectiveness of the agency. Afterwards, we'll speak to author Kate Moore about her book "Radium Girls," which looks at the terrible fates of women who worked at the U.S. Radium Corp. factory in New Jersey starting in 1917. Litigation they brought against the company ultimately led to greater workplace safety laws.

(Markets Edition) Donald Trump's pick to replace Fed Chair Janet Yellen with Jerome Powell will face confirmation hearings today. On today's show, we'll take a look at what his attitude toward monetary policy might be, and how similar he is to his predecessor. Afterwards, we'll chat with Julia Coronado from MacroPolicy Perspectives about who on the Senate might split off from the Republican party when it comes to the planned tax overhaul, and then we''ll examine why housing prices are rising much faster than wages and consumer prices.

(Global Edition) From the BBC World Service … Japan's Softbank is racing ahead in its bid to buy a stake in Uber, but in Europe, regulators are hauling the company over the coals for its massive data breach.  Afterwards, the global economy is now growing at its fastest pace since 2010, according to a new report from the OECD, a group of the world's 35 largest economies. Then, British banks have just been put through their paces in a series of stress tests and it turns out they passed with flying colors.