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 Tuesday, May 5, 2015: We'll know as the week wears on just how America's job creation engine is doing as it entered the spring. This after data showed virtually no economic growth in the first quarter. We check in on the latest on labor market. Next: a new article in Health Affairs points out that while the Affordable Care Act “dramatically expands health insurance for addiction treatment,” most programs lack the infrastructure to improve access and treatment to meet the vision laid out in Obamacare. A key finding is that most states are doing little to help strengthen these programs. There was a time in America when the beer tended to be insipid. That's changed with the craft beer movement and the arms race over hops. But what about a lot of the rest of our food? We talk with Mark Schatzker, a food writer who has a new book with a publication date of this week called "the Dorito Effect." One of his key points, a link between taste and nutrition.
Airing on Monday, May 4, 2015: There's news today Goldman Sachs, one of the top investment banks, is in talks to get out of a key business: specifically the raw commodity, coal. That's according to the Wall Street Journal today. More on that. The internet search and advertising giant Google has its hands full in Europe, where antitrust regulators have accused it of abusing its power to, among other things, favor its business partners in Google results. In February, President Obama warned the EU to be sure that any antitrust action not be quote "commercially-driven," a suggestion Europe might be out to help its home-grown companies. Google denies wrongdoing. For that, we are joined by Margrethe Vestager, the European Commissioner for Competition leading the case.
Airing on Friday, May 1, 2015: First up, electric-car maker Tesla says its developing a battery that will allow folks to store and use solar energy at home. But why is a car maker trying to disrupt the power grid as we know it? And between the Kentucky Derby and that boxing match, we'll talk more about what will be a big weekend for gamblers and the betting industry. Plus, in most places around the country gas prices have been under $3 for the last six months, which put a chunk of unspent money in drivers' pockets. But here's the thing: that money doesn't seem to have done much in the way of economic stimulus. We take a look at why that might be.
Airing on Thursday, April 30, 2015: There's news the Wall Street powerhouse known as Goldman Sachs is investing heavily in Bitcoin. We look at why is a financial services titan going so "indie" by embracing a digital virtual currency. Next, for the first time in decades, the draft will be held outside New York, in Chicago. The city went after the event, which will be a three-day NFL marketing extravaganza as if it were the Olympics. We explore what’s in it for Chicago, and of course, what’s in it for the NFL. Plus, word is Carly Fiorina, the former Hewlett-Packard boss, will launch a campaign for president probably on Monday. When will New Jersey governor Chris Christie announce? He's not even said he's running even though his public posture often has a candidate-like bearing. Which brings us to what is possibly a paradox. Marketplace regular and Washington Post columnist Allan Sloan and ProPublica have been looking into why Governor Chris Christie, fiscal champion, runs a state that's had nine credit rating downgrades during his tenure.
Airing on Wednesday, April 29, 2015: Greece is under pressure to come up with new plans to cut budgets and stimulate growth to repay the money it owes. Less visible today will be Greece's finance minister. More on that. Plus, a conversation with George Zimmer, entrepreneur and former CEO of Men's Wearhouse, on the subject of how we pay workers in America.
Airing on Tuesday, April 28, 2015: You'd think the relatively low cost of gas would have changed this headline a little bit more...But nope. Oil companies BP and Total both announced better than expected earnings numbers today. More on that. Next, Nepal has been devastated by the weekend’s earthquake, which has killed thousands of people and damaged infrastructure worth billions of dollars. The country is calling for aid but how does the dollar given by a donor actually get to help people on the ground in one of the world’s poorest economies? And millions of high school students are nervously cramming for Advanced Placement exams, which start next week. But there won't be nearly as many low-income and minority kids in those seats as there could be. This is what's known as the participation gap. And it's the reason a group of education and business organizations will today announce a $100 million initiative aimed at getting more minority and low-come students students into AP and International Baccalaureate classes.