Marketplace Morning Report
Start your day with an up-to-the-minute report on the world of business and finance with host David Brancaccio.
With a fight looming in Congress about replacing FBI director James Comey, we'll take a look at how the incident could translate into slower economic growth. Afterwards, we'll discuss another unsolved mystery in Washington that involves America's central bank. Jeffrey Lacker, the president of the Fed's regional bank in Virginia, retired early over allegedly confirming confidential information to a Wall Street analyst.
It's National Teacher Day, which means kids will likely be showering their teachers with thank-you notes and gift cards and apples. And they need all the support they can get — about half of new teachers leave the profession within the first five years. On today's show, we'll explore the dissatisfaction they face and the negative effects such a high turnover rate has on schools. Afterwards, we'll look at why a key measure of investor anxiety, VIX, may have closed at its lowest level in decades, and then talk with Marketplace regular Allan Sloan about his proposal for how people should pay Social Security taxes.
The pro-European Union candidate, Emmanuel Macron, just won the French election, so why's the euro down this morning? Its dampened value may be a sign of things to come during his term. On today's show, we'll take a look at the uphill battle Macron may face in the near future. Afterwards, we'll talk with Jose Quiñonez about the approaches his nonprofit, the Mission Asset Fund, is using to support families who face deportation.
The House of Representatives has officially passed a health care measure that would replace Obamacare. We'll give you a rundown of what the bill could mean for Americans, which may include higher premiums for those with pre-existing conditions and higher costs for older people. Afterwards, we'll take a look at politics across the pond: France's presidential election this weekend includes a runoff between the anti-EU, far-right candidate Marine Le Pen and the pro-right, centrist Emmanuel Macron. And finally, we'll look at the evolution of Churchill Downs, a racetrack that's hosting tomorrow's Kentucky Derby.
France's presidential election is Sunday, featuring a runoff between right-wing Marine Le Pen and center-left Emmanuel Macron. The two are coming off a heated three-hour debate, which we'll recap on today's show. Next, we'll look at new tool from Zillow that lets users add up all the expenses associated with owning a particular house or apartment, and then explore research that indicates Medicare's free wellness visits aren't quite as free as expected.
President Trump said his health care overhaul would keep protections for people with preexisting conditions. But it turns out this new proposal would allow states to get a waiver for rules that guarantee that coverage. We'll talk about how Republicans are feeling about the plan. Afterwards, we'll look at one scrappy couple's strategy to keep their small business going, and then check out how big food companies are doing with consumers.