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 Thursday, May 28, 2015: China's stock market is an exciting place these days ... perhaps overly exciting. We'll talk to Andrew Wood of the BBC for more. Plus, there’s a bunch of new apps and services that aim to give people a seat at the hottest restaurants – for a price. That’s right: forget greasing the palm of the maître d’, there’s now an app for that.
Airing on Wednesday, May 27, 2015: Severe floods in Texas have cost lives, inflicted major damage on the region economically and washed away hundreds of homes. We look at the economic cost, and the situation of affected homeowners who wonder whether their insurance will cover their losses. Plus, with the latest deadline in talks between the USPS and one of its unions looming Wednesday, we check on the biggest elephant in the room: the Postal Service’s pension obligations. Next: we talk to Hal Brill about his latest book, "Weaning Off Wall Street, and investing locally"
Airing on Tuesday, May 26, 2015: Just confirmed, a $55 billion merger in the internet and TV business. More on that. Plus, as the next durable goods report is released, we look at what durable goods are. Are there some products considered durable that aren't actually all that durable? We explore. We'll also talk to Sheila Bair, former head of the FDIC, about her new young adult novel, "The Bullies of Wall Street."
Airing on Monday, May 25, 2015: After a dismal winter, many indicators are pointing to a pretty good late spring and summer for housing—typically the most important months both for home sales and new home construction. Next: funeral homes have long been accused of scamming customers, who are spending lots of money when they’re grieving and vulnerable. A recent Federal Trade Commission investigation found fraud increased last year. Plus, Brent crude; West Texas Intermediate ... these are some of the economic indicators we look at regularly on this show to frame the big drop in oil prices and drilling rig counts these days. But as we find out, in the town of Williston in North Dakota, the nation's second largest oil producer, there are other telling metrics ... Like hotdogs and U-haul trucks.
Airing on Friday, May 22, 2015: The UK wants to rethink the relationship with the European Union. More on that. Plus, in the wake of the Ebola outbreak in Africa, a new plan has emerged to guard against future problems: re-insurance to help protect governments and insurance companies against the costs of epidemics. A San Francisco firm announced $30 million in funding for the idea this week. We explain the concept and investigate whether there’s a market. Next: Many of the jobs created by Baltimore’s Empowerment Zones disappeared when the recession hit, and when industry changed. But there are small, shining examples of success. More on that in today's show.
Airing on Thursday, May 21, 2015: In the housing market, there's new data that costs related to renting went up more than owning this past year. We'll talk more about the implications. And speaking of new data, we'll talk about findings that few Americans are prepared for a sudden change in cash flow. Diana Farrell is President and CEO of the JPMorgan Chase Institute, which did the study, and joins us this morning to talk about the results. Plus, on the eve of Disney’s 60th anniversary, we look at its self-sustaining model: the circular loop of how its movies and characters create theme park attractions which are then translated into merchandise, which then feed back into the movies.