Marketplace

We're still waiting on the official word out of the White House on whether President Trump will pull the U.S. out of the Paris Agreement on climate change. It's looking likely, but some of the news around Trump's decision today indicate businesses are still planning on climate change no matter what. Then: Goldman Sachs is taking heat for nearly $3 billion worth of Venezuelan bonds it bought from a state-owned oil company via a broker. It stands to profit handsomely, but protesters are ripping the bank for making money from a country that's facing food shortages. We'll explain everything you need to know about the so-called "hunger bonds." Plus: A look at how one airport is enlisting drones to get things moving more efficiently.

Donald Trump is back in the country, and his Twitter account is making up for lost time. The President ripped the "MASSIVE" and "very bad" trade gap between the U.S. and Germany. But reality check: it's not nearly as scary as it sounds. Then according to data released this morning, consumer spending rose last month. Home prices are up too, and the average American FICO score hit 700 last month, the highest it's been in over a decade. So how'd we get here, and what's it mean for the economy? Plus, a visit to the schools of Erie, Pennsylvania for our series "The Big Promise."

You might be spending the long weekend relaxing with family, paying respect to fallen servicemembers, or getting outside. But if you're enjoying a national park this weekend, maybe think twice about pulling out your smartphone. 2016 was the third record-breaking year in a row for the National Park Service, but all that extra traffic from selfie-snapping tourists can harm the places they visit. Plus: What's at stake of the U.S. pulls out of the Paris climate agreement. Then: California's drought has all but ended, but some wells are still dry, forcing some of the state's poorest people to pay a premium on water.

The European leg of President Trump's trip abroad got off to a rocky start yesterday when, in a meeting with G7 officials, the president was reportedly critical of Germany's trade practices. The main gripe, it seems, was about the number of German cars sold here, but that's just one slice of a pretty huge trade relationship. We'll talk about it, plus the drama back home at the Department of Education, which is considering handing some of its student loan business to the Treasury. Plus: A look at Kushner Companies, the family real estate business where Jared Kushner worked before taking a role in the White House.

We've talked a lot about the economic anxiety normal Americans face every day, but today we're casting and eye toward economic anxiety in and about Washington. First, the White House's budget. There are some assumptions that don't quite add up, but today Treasury Secretary Steven Mnuchin reiterated his confidence that tax cuts, deregulation and trade policy will ratchet up economic growth. But what if it doesn't? Then: Mnuchin and White House budget director Mick Mulvaney both testified on Capitol Hill this week to sound the alarm about the deb limit. They're worried Congress might have to raise it sooner than expected. We'll explain what's going on. Plus: a California prison town's big bet on pot to save its economy.

The Congressional Budget Office released its analysis of the American Health Care Act today. That's the revised version, passed by the House already. The CBO says this bill will leave 23 million people without insurance by 2026, while reducing the deficit by $119 billion. The last version scored by the CBO came out to a million more uninsured, but a steeper deficit reduction. We'll get some initial analysis from Vox's Sarah Kliff. Then, we'll return to Pennsylvania for our series The Big Promise, exploring how health care is propping up Erie's faltering manufacturing economy. Plus, a conversation with PayPal CEO Dan Schulman.

They call it "A New Foundation for American Greatness," we just call it the White House budget proposal. Whatever you want to call it, Trump's budget guy Mick Mulvaney presented it today with a focus on three percent economic growth. We talked to several experts who say the whole plan is based on assumptions and math that doesn't quite add up, not to mention a tax plan that isn't done yet. Then, we'll dig into the White House's proposed cuts to the USDA and Obamacare. Plus: how the mess at Penn Station ripples through the economy of the entire East Coast.

With President Trump abroad this week, the business news agenda was set early this week by Ford. The American car maker announced over the weekend that CEO Mark Fields will be replaced by Jim Hackett, who most recently headed the company anonymous car division. We'll talk with executive chairman Bill Ford about it, plus we'll get some perspective from the Wall Street Journal's car critic. Then: Trump's clubs and resorts are exclusive and pricey, but if you're a hacker it's easy to get in and that could create a big national security problem. Plus, could you name the only bank in this country indicted for mortgage fraud after the financial crisis? You've probably never heard of them, because they weren't too big to fail.

Honestly, what's there to say at this point? There was even more news related to President Trump, Russia and ousted FBI Director James Comey this afternoon, to cap off a relentless week of compounding scoops and scandals. We'll do our best to figure out the economic effects of it all during the Weekly Wrap. Then: Trump was on his way to Saudi Arabia this week, the first stop in a nine-day trip abroad. He'll be bringing with him a $100 billion deal with the Saudis to buy American planes, ships and munitions, and they're not the only ones. We'll talk about the delicate balance between arms deals and diplomacy. Plus: Uber for trucks and the lay of the land for this summer's movie season with The New York Times' Wesley Morris.

On the eve of his first trip abroad since taking office, President Trump took the first formal steps of renegotiating NAFTA. But is it the right time? And what will the U.S. get out of it? That's what we're talking about today before turning to Saudi Arabia. It's Trump's first stop on a whirlwind nine-day trip, and he's bringing a lot of CEOs with him. Plus: Roger Ailes, the founder and former CEO of Fox News, died today at 77. Ailes was, according to more than a dozen women, a serial sexual harasser who enabled others to do the same. But he was also a man who changed the United States and propelled Trump to the White House. We'll talk with Ailes biographer Gabriel Sherman. Plus: We covered stocks and currency under Trump already this week. So why not try to predict the future and complete the trifecta with a look at the bond market?