Marketplace Morning Report

(Global edition) From the BBC’s World Service … Global stock markets in Asia and the US have soared to fresh highs. Are investors creating a bubble that will inevitably burst? Or is it just a sign of a stronger economy? We look at why low interest rates aren't the sole driver of booming markets, and the factors that could upset the apple cart. Then, to Moscow, where Saudi Arabia’s King – complete with his entourage and a golden escalator – met Vladimir Putin, Russia’s president, to discuss deeper ties and the new normal for oil prices. We also have the second part of our China series, where young people are sinking deeper into debt, and loan sharks are now accepting naked selfies as collateral.

(Global edition) From the BBC World Service … Spanish stocks have been on a rollercoaster ride since Catalonia voted for independence. We look at the short, medium and long term factors that will determine the fate of the eurozone’s fourth largest economy. We also travel to Xiong'an in China, described as China's next mega city and a leader in green development. We ask if this new sixty mile economic zone will be a success or a project fuelled by debt that is building more bridges to nowhere. Then, India was the world's fastest growing economy in 2016, but the country's decision to yank millions of banknotes out of circulation has hit the economy. We examine what Indian ministers and heads of industry are talking about at the World Economic Forum in Delhi.

(Markets Edition) Big announcements this week: job creation numbers for September come out tomorrow and it could be the first report in seven years with no growth, due in part to the tenacious hurricane season. Obamacare plans for the upcoming year were rolled out, with prices surging in some states and better deals becoming available in others. And we take a look back on the tumultuous history of diet soda, from its height in the 1980s to its near-extinction today.

(U.S. Edition) Marketplace's Tracey Samuelson is back from Puerto Rico with an update on efforts to rebuild the island since Hurricane Maria struck on Sept. 20. Many residents aren't receiving the recovery aid President Trump touted during his recent visit; only 10 percent of residents have power and less than half the population have running water. Then it's on to the debate over new rules that would drastically change the landscape of the 39 billion dollar payday lending industry. And in California, the battle to close the gender pay gap endures with new legislation that would require companies with 500 or more employees to report data on the difference between men's and women's wages.

(Markets Edition) Uber's board has voted on a series of decisions that'll reduce the influence of former CEO Travis Kalanick. And now there are reports that Uber plans to go public sometime in 2019. The University of Michigan's Erik Gordon joined us to discuss what Uber will need to do ahead of this IPO, and if others will be able to draw lessons from the controversies that have plagued the company. Afterwards, we'll discuss who might helm the Federal Reserve next year, and then hear from Cate Long — founder of Puerto Rico Clearinghouse — about Puerto Rico's $73 billion debt and the people to whom that debt is owed.

(Global Edition) From the BBC World Service … Girls are regularly outperforming boys in the classroom, but why isn’t this translating into better opportunities in the workplace? We speak to Willem Adema, lead author of a new OECD report on the subject, who warns there has been little progress over the past five years. We also explain why Chad in central Africa was included in the latest U.S. travel ban. Then, to the World’s Bank’s latest Asian economic outlook. While the organization is optimistic on the region’s growth outlook, it has stepped up its warning about China’s Great Wall of debt. And finally, Amazon faces a hefty bill from European regulators due to unpaid back taxes.

(U.S. Edition) The European Union is telling Amazon to fork over $300 million in unpaid corporate taxes to Luxembourg. We'll look at why this might actually be bad news for Luxembourg, and how much of a dent this would have on Amazon's finances. Afterwards, we'll discuss a new name that's emerging in discussions about the future Fed Chair: Kevin Walsh. What's his resume look like and what are his policy stances? Plus: We chat with Jose Quinonez, a MacArthur genius grant winner and founder of Mission Asset Fund, about helping DACA recipients renew their permission to stay in the U.S.

(Markets Edition) The era of gasoline and diesel cars may be over. The CEO of General Motors, Mary Barra, has announced that its future is all electric, while Ford has announced a new team to accelerate its electric car development. Jamie Kitman, New York editor for Automobile Magazine, joined us to talk about this major shift and how the stock market is treating companies that make electric cars. Afterwards, we'll look at how 40 Roman Catholic organizations are divesting from fossil fuels, and then discuss how Russian-backed Facebook ads were used to target American voters.

(U.S. Edition) After Sunday night's shooting in Las Vegas, emergency responders rushed hundreds to hospitals. On today's show, we'll look at how hospitals prepare for mass trauma. Afterwards, we'll talk about the former Equifax CEO's planned appearance on Capitol Hill, and whether lawmakers will do anything to help prevent huge data breaches in the future. And finally, we'll chat with the University of Chicago's Cathy Cohen about millennial attitudes toward education.

(Global Edition) From the BBC World Service … The Catholic Church has announced the largest ever faith-based divestment from fossil fuels, adding to a global movement that has already seen more than $5 trillion pulled out of investments in oil, coal and gas. We speak to Geoff Davis, the so-called "Green Bishop," in Cape Town, South Africa, about how the church is leading the way on climate change. We’ll also ask what’s next for Rovio, the Finnish company behind the popular Angry Birds game, as it debuts on Helsinki's stock market. Then, to Kiruna in the far north of Sweden. The town is located on top of the world's largest iron ore mine, and officials now face the gargantuan task of relocating two miles east to prevent homes and businesses from sinking into the ground.