Marketplace Morning Report
Start your day with an up-to-the-minute report on the world of business and finance with host David Brancaccio.
(Global Edition) From the BBC World Service ... President Donald Trump has barred the sale of a U.S. chip manufacturer to a Chinese-backed firm. We’ll tell you what’s behind the move. Afterwards, we reflect on the 10-year anniversary of the first run on a British bank in 150 years, and explore whether the world’s financial institutions are better off now than they were a decade ago. Then, we take you to Berlin where Germans are preparing to head to the polls next week. Though Chancellor Angela Merkel is expected to win a fourth term, not everyone is happy.
(Markets Edition) President Trump recently met with three Democrats to find common ground on tax reform. The Trump White House is aiming to cut the corporate tax rate from 35 to 15 percent, which they may do by ending widely used tax breaks. Harvard professor Kenneth Rogoff stopped by to explain why trying to do this will be a painstaking task. Afterwards, we'll look at the inertia happening in the bond market, and then discuss how the agency investigating toxic chemical leaks could face budget cuts.
(U.S. Edition) The National Transportation Safety Board has ruled that Tesla's autopilot feature led to a deadly car crash in Florida last year. We'll dive into the details of the case and discuss whether the government will be more likely to crack down on self-driving. Afterwards, Marketplace's Molly Wood explains Apple's selling strategy to us — despite its pricey new iPhone X, there are plenty of cheaper options out there. And finally, we'll look into why you're seeing less candy around CVS cash registers.
(Global Edition) From the BBC World Service ... There are serious concerns about how Caribbean economies will recover from Hurricane Irma. We’ll take you to Turks and Caicos, a country that relies on tourism spending. Afterwards, we’ll chat about whether European Commission President Jean-Claude Juncker’s annual state of the EU speech was an effort to shift the narrative away from Brexit worries. Then, we’ll transport you to Sweden where cash makes up just 1 percent of all payments.
(Markets Edition) Markets don't necessarily need happy circumstances to rise — sometimes all they need is the knowledge that things could've been worse. Economist Julia Coronado stopped by to talk about why key stock indexes seem to be doing well right now, despite recent events like the arrival of Hurricane Irma. Afterwards, we'll discuss how exhibitors at the Frankfurt Motor Show are pushing for electric vehicles, and then look at how troubled companies can move forward.
Apple is set to unveil three new phones, including one rumored to be called the iPhone X and priced at $1,000. Will customers go for this pricey option? Next, we'll look at Hurricane Irma's impact on the tourism industry, which could namely hurt service industry workers,. Then we'll look at the launch of Crossrail — the most expensive construction project in European history. A project like that could change housing prices and entire neighborhoods.