Marketplace Morning Report
Start your day with an up-to-the-minute report on the world of business and finance with host David Brancaccio.
President Trump is preparing for his first G7 meeting in Sicily, Italy, where trade policy and climate change will be on the agenda — topics that he and other countries don't exactly see eye to eye on. On today's show, we'll take a closer look at these sources of tension. Afterwards, we'll discuss how much U.S. lemon growers could lose out on from the USDA's decision to lift an Argentine lemon ban, and then examine how the affordable housing crisis is affecting minority families.
Part of Trump's agenda during his meeting with NATO leaders includes pushing them to join an anti-ISIS coalition and invest more in their militaries. We'll take a look at the numbers behind Europe's defense spending. Then back in the U.S., we'll discuss the increase in mortgage co-signing for first-time home buyers, and explore NYU's new effort to help college students graduate early.
Moody's Investors Service has just reduced China's credit rating by a notch. We'll explore how significant this downgrade is and the economic factors that warranted the drop. Afterwards, we'll take a look at the challenges that those from the foster care system face when trying to attend college.
President Trump's first major budget proposal will cut away at the safety net for millions. One program being threatened: Medicaid, which will give states more power to set spending priorities, but much less to spend. We'll look at exactly how much the service could stand to lose over the next decade. Afterwards, we'll chat with author Adam Lashinsky about the strategies Uber has employed to become a ride-sharing juggernaut.
With Ford's stock down from 2014 levels, the company is gearing up to remove Mark Fields as CEO. We'll take a look at some of the criticisms that investors had about Fields, and who he's being replaced by. We'll also take a close look at one Rhode Island after-school program that faces closure over Trump's budget cuts. Plus: a look at the peripheral industry that's sprung out of crowdfunding, which includes crowdfunding consultants, social media managers and marketers.
President Trump is traveling to Saudi Arabia today, a trip that'll include a number of American CEOs. The reason they're tagging along: there are deals to be made. On today's show, we'll take a look at the state of trade between the Gulf kingdom and the U.S. Afterwards, we'll explore the meal-kit war between startups like Blue Apron and major supermarkets like Kroger. Plus: Author Laurence Cockcroft explains rising corruption in the West and how the Trump administration is trying to roll back rules aimed at combating the issue.