Marketplace Morning Report
Start your day with an up-to-the-minute report on the world of business and finance with host David Brancaccio.
While U.S. Senators are piling out of Washington for their postponed summer recess, there's still work to be done for some Capitol Hill staffers on tax reform. On today's show, we'll take a look at some of the numbers that could be tossed around. Afterwards, we'll discuss reports that the Trump administration may sue some colleges and universities over what they see as "reverse discrimination." Then, we'll look at how Yelp reviews may indicate how a restaurant does after it undergoes a minimum wage increase.
The rate at which the U.S. approves H-1B visas for skilled foreign talent has dropped by almost 30 percent since last year. But as America gets stricter with its visa program, Canada isn't. On today's show, we'll talk about the efforts Canada is making to capitalize on its neighbor's stricter stance on immigration. Afterwards, we'll discuss the ongoing investigation of British American Tobacco for allegedly bribing regulators, and then look at how denim makers are opting to make their jeans stretchier.
Apple is taking some data security software out of its app store in China. Known as virtual private network apps, these services could be used by consumers to thwart government censors. The BBC's Theo Leggett explains the incentive Apple has to remove these VPNs. Afterwards, we'll discuss how the EPA's focus on environmental cleanups may be a way to shift the agency's focus away from climate change, and then look at the success of discount chain stores as retailers struggle.
Obamacare remains the law of the land. Three Republicans joined all Democrats to vote down the measure to repeal it earlier today. But the health care battle isn't over yet — the White House just might let the Affordable Care Act collapse. On today's show, we'll talk about the steps it might take to encourage its demise. Afterwards, economist Heidi Shierholz joins us to discuss how the notion of a "robot takeover" is a distraction from other economic issues.
Senate Republicans are putting together a third health care bill as they scramble to repeal the Affordable Care Act. The new measure will reportedly allow employers to stop offering health insurance and taxes on medical devices would also end. On today's show, we'll talk about about the show of unity in Washington against the Senate's efforts. Afterwards, we'll discuss how more Americans with cancer are continuing to work, and then look at whether Google could jump start virtual-reality filmmaking.
While everyone's watching the latest health care news, there's another important issue being discussed in Washington, D.C. — the cost of borrowing. As the Federal Reserve wraps up its policy meeting, we'll take a look at what the future of interest rate hikes might hold. Afterwards, we'll take a look at stock market volatility, and then talk about how small businesses are trying to prepare against cyber criminals.