Marketplace Morning Report
Start your day with an up-to-the-minute report on the world of business and finance with host David Brancaccio.
Airing on Friday, July 10, 2015: With banks still closed in Greece, we talk about what it's like to be a Greek banker in the midst of the financial crisis. Plus, Alejandro García Padilla, governor of Puerto Rico, says Puerto Rico's $72 billion dollars in debt is quote "not payable" and some form of default or bankruptcy is necessary to avoid a quote "death spiral." Here to talk about Puerto Rico's economy is Leon Krauze, Univision anchor and correspondent for KMEX in Los Angeles.
Airing on Thursday, July 9, 2015: More on the Chinese government's multi-pronged effort to recover from the drop on the stock market there. Plus, the NLCB as a civil rights law was initially created as part of the War on Poverty. Parents and teachers are fed up with over testing, but without some kind of annual testing civil rights activists worry poor and minority kids will continue to be left behind. It looks like annual testing is here to stay, but states will have more leeway to decide how scores are used and what happens to consistently failing schools. And with comprehensive immigration reform' on hold until after the 2016 election at the earliest, business advocates are turning to a narrower agenda—pushing to get more legal immigrants admitted to work in the U.S.
Marketplace for Wednesday, July 8, 2015: A surge of selling on Chinese stock markets forces authorities to temporarily stop trading on nearly half the stocks listed. More on that. We'll also talk to Marketplace's Molly Wood about the encryption debate ahead of FBI Director James Comey’s testimony in front of the Senate Intelligence Committee on Wednesday. The hearings will address concerns voiced by various technology firms that the government is overextending their reach and interfering with their ability to provide secure communications for their customers.
Airing on Tuesday, July 7, 2015: On today's show, we'll have an update on the situation in Greece, the future of U.S. interest rates, and the best-of-the-best piece of equipment if one is a professional ballet dancer.
Airing on Monday, July 6, 2015: On today's show, we'll talk about the future of Greece, its economy, and the eurozone, after voters in Greece said no to the terms of a financial rescue. And city officials in Chicago are making $200 million in cuts – laying off staff, delaying maintenance and reducing transportation. We look at where the cuts will fall, why they’re being made, and what public reaction has been.
Airing on Friday, July 3, 2015: With Greeks heading to the polls on Sunday, the IMF is saying Greece needs $66 billion over the next and more flexibility from its lenders. More on that. Plus ... they’re back! And they’ve got their eyes on you. In an effort to reduce “shrinkage”, aka shoplifting, Wal-Mart brings greeters back to the front of the store. Seems that simple act of being seen and greeted as you walk into a store, may cut down on your urge to take a five-finger discount. And Philadelphia just became the largest city in the nation to legalize rentals through online marketplaces like Airbnb. Why did officials decide to go this route and does it really make a difference for consumers choosing this type of rental accommodation over a traditional hotel?