Claim OwnershipMarketplace Morning Report
Subscribed: 8,555Played: 998,008
Subscribe
© Copyright 2025 Minnesota Public Radio
Description
In less than 10 minutes, we'll get you up to speed on all the news you missed overnight. Throughout the morning, Marketplace's David Brancaccio will bring you the latest business and economic stories you need to know to start your day. And before U.S. markets open, you'll get a global markets update from the BBC World Service in London.
511 Episodes
Reverse
The value of Pokémon cards soared during the pandemic, and some have climbed in value nearly 4,000% over the past two decades. For some, Pokémon cards are a source of nostalgic joy, but others are seeing them as alternative assets — joining the likes of sneakers, comics, and even crypto. Also, hundreds of flights are cancelled today at airports across the country. And, from Marketplace's "Million Bazillion," little listeners reflect on the role of the $2 bill.
Starting today, the Federal Aviation Administration is requiring airlines to reduce flights at 40 airports because of the strain that air traffic controllers are under during what's turned into the longest federal government shutdown ever. Fewer flights mean reduced supply, just as demand is about to ramp up for the holidays. And there’s gonna be consequences for both airlines and consumers — including likely price increases. Plus, what constitutes a "workplace emergency" these days?
From the BBC World Service:
Elyria-Swansea, a largely Latino neighborhood in Denver, has plenty of industrial sources for air pollution: a dog food factory, an oil refinery, a highway. Now, an AI data center is being constructed and threatens to contribute to the area's poor air quality. How are community residents responding? Also on today's show: key points during yesterday's Supreme Court oral arguments over tariffs and a gathering of some world leaders at COP30 in Brazil.
Yesterday, Supreme Court justices heard arguments and asked questions about whether an emergency powers law could be used by a president to overhaul international trade and bring in lots of money through import taxes — all without getting Congress to go along. The justices were skeptical, to say the least. We'll discuss. Plus, we'll hear how suspended SNAP benefits are playing out at one food bank in Central California.
From the BBC World Service: The summit is part of an effort to show that the climate crisis remains a top priority, although some big names won't be in attendance, including leaders of China, India, and the U.S. What can the conference achieve without them? Then, China has announced it's easing tariffs and export controls on U.S. firms following last week's seemingly productive meeting between Xi Jinping and Donald Trump. And in Shanghai, foreign businesses are being welcomed to a major trade import expo.
The London Stock Exchange has launched a series of indexes to track private investment funds. "Private investment" is a phrase we've been hearing a lot — the Trump administration is trying to make it easier to add it to your 401(k). And the "private credit" market has been catching serious side-eye from Jamie Dimon and others. But what the heck does "private" even mean in these contexts? We have an explainer. Plus, a look at job creation and sentiment among farmers.
The Supreme Court is set to hear arguments today on whether President Donald Trump can use emergency powers to levy tariffs. The law in question doesn’t mention tariffs, but the president also has wide latitude in setting the foreign-policy agenda. Let's dig into both sides' arguments. Plus, China's government is hosting a big trade show, and auto sales fall into a pot hole with EV subsidies gone.
From the BBC World Service: Shein is making headlines for more than its new brick-and-mortar store in Paris’s famed BHV department store. But the launch has been overshadowed by French authorities’ investigation into disturbing, illegal products sold on the platform, as well as on Temu, AliExpress, and Wish. Today, we'll learn more. And some people in Thailand are relying on informal money lenders to cover the bills as consumer debt levels soar. We'll examine the deeper costs.
Kimberly-Clark’s stock closed down 14% yesterday after it gambled nearly $50 billion on a company called Kenvue, maker of Listerine, Band-Aids, and Tylenol — the painkiller HHS Secretary Robert F. Kennedy wants to link to autism, despite a lack of scientific evidence. People are now suing Kenvue, a potential liability that will become Kimberly-Clark's problem. We unpack. Also: potential changes to public service loan forgiveness and a speech by Federal Reserve Governor Lisa Cook.
Oral arguments over the Trump administration's "reciprocal tariffs" are set for tomorrow, in a test over limits to a president's power to act without Congress. Whichever way the high court decides, however, the co-founder of True Places, a Pennsylvania-based folding camp chair company, thinks that likely won't be the end of the tariff rollercoaster. Plus, Norway's massive sovereign wealth fund has voted against Elon Musk’s pay package from Tesla. Why?
From the BBC World Service: Starbucks is selling the majority stake of its business in China to investment firm Boyu Capital as part of a $4 billion deal. The global coffee brand hopes the funds will help kick-start growth in the face of growing local competition. Then, it's a big week for Tesla, as vote results are expected on Elon Musk's proposed $1 trillion pay package. But Norway's sovereign public wealth fund, a major investor, stated it's opposing the deal.
That's the question before the Supreme Court this week. President Donald Trump has been declaring an emergency and then using emergency authority to impose many of these tariffs. Treasury Secretary Scott Bessent is among those who've said they expect to prevail in the high court, but if they don't, there are other ways to apply taxes on goods from other countries. Also: BP shale asset sales and a dark side of the drug rehab industry.
This past weekend, as the shutdown stretches on, funds for SNAP benefits began to dry up. The Treasury Secretary says payments could restart this week, and a federal court said the Trump administration must tap into emergency funds to get this done. Today, we'll check in with the Arkansas Hunger Relief Alliance for a snapshot of food insecurity there. Plus, Trump says he wants to fix Obamacare, and U.S. auto production could be hampered by a looming chip shortage.
From the BBC World Service: Markets in Asia rose in reaction to the outcome of the APEC meetings in South Korea as the U.S. and China stepped back from the brink of a full-fledged trade war. Plus, reports suggest India is looking for new sources to replace the oil it currently buys from Russia. And, we look at Cameroon's mining industry, which is often done by small-scale miners working in risky environments with basic tools.
The government shutdown has now lasted a full month. Now, some business leaders — including the U.S. Chamber of Commerce, the Business Roundtable, the American Bankers Association, and more — have issued a statement urging Congress to reopen the government. They cite estimates that the shutdown will cause $10 billion to $15 billion per week in lost output and economic activity. Plus, how much would you spend to find a job?
The personal consumption expenditures price index, the Federal Reserve's favorite inflation measure, was supposed to be released today. But at day 31 of the government shutdown, it's nowhere to be found. This morning, we'll unpack what exactly we know about rising prices at a time of tariffs. And later, is 9 to 5 looking more like 7 to 7? We'll learn about the rise of the work trend known as "microshifting."
From the BBC World Service: Chinese President Xi Jinping told leaders attending the APEC summit in South Korea of the need to deepen economic cooperation amid global uncertainty. We'll hear the latest on trade agreements between the U.S. and China, as well as other new developments. Then, Jamaica's government issued a catastrophe bond as it begins recovery from Hurricane Melissa. And later, would you spend money on a job search to try to get a leg up?
President Donald Trump and Chinese President Xi Jinping have pulled U.S.-China relations back from the brink. China says both sides will suspend plans to expand export controls — the U.S. on advanced tech and China on rare earths — and Trump will reduce tariffs on China’s exports by 10%. Plus, Meta stocks are down in the dumps, and the Netherlands is experiencing growing pains in the clean energy transition.
If nothing changes before the weekend, most of the 42 million people on food stamps, or SNAP, will not get their November benefits as scheduled. The interruption for people who rely on SNAP to buy food would be significant but could also have broader ripple effects across the economy, as SNAP generates jobs, wages, and taxes. Also: the track record of past New York City rent freezes and the likelihood of future rate cuts this year.
Download from Google Play
Download from App Store
United States
4:30 The House won't take this up since Speaker Johnson pushed through something earlier this year that prohibits the house from taking up the discussion for 2 years from when it was passed. The entire possibility for the House's oversight was taken away by themselves (ie Trump\MAGA).It's not just that they won't take it up, they can't because they aren't holding session and even if they were they're explicitly prohibited from it.
With rising concerns over student loan defaults, understanding how loan repayments work is more important than ever. Maksuerän through https://euribor12k.fi/ offers tools to calculate monthly payments and manage Euribor-linked loans effectively, helping borrowers plan ahead and avoid defaults. This resource provides clarity on interest rates and repayment schedules, which can be crucial for anyone navigating debt responsibly.
Tariffs will make business move into USA and this will make us less dependent on countries that could disrupt our imports of building materials , food, and medicine, as what happened to Britain in WWII. We supported Britain, but who would support us?
Get Fauci away from those chickens !!
Elite did a Maui on Pacific Palisades.
lack of imported labor raises labor costs, read opening the border and cheap labor pours in, the lower end workers make less money. How does that help the poor? Cesar Chavez was against the inflow border crossing cheap labor because it lowers the incomes of all but the corporations. Ask your Democrat politician why Biden hates labor. While you are at it, ask Nancy Polosi why she too hates having to pay the higher amount for local labor and insists on open labor borders.
💚WATCH>>ᗪOᗯᑎᒪOᗩᗪ>>LINK>👉https://co.fastmovies.org
We don't need a Gavin Newsom to crash the United States of America like he is crashing California.
Have all the women kill simutaneously all the Talban men. Then go to university.
Being a Democrat is self harm.
Just have the most successful money launderer help with the cover-up, call Biden.
Although baccarat appears to be a fairly straightforward, simple game that is completely dependent on chance, it has remained very popular for many years. The most difficult part of the game is counting points when the winner is determined, but in offline casinos this is done by the dealer, and on online platforms everything happens automatically. You can find more useful information on this topic here https://xn--12cfvb5etcxfbb7a3itdjh.com/
Humanitarian aid to Gaza so they can repeat?
If I spent , borrowed, then dumped that borrowed money into the market, as much as the Federal government does, the inflation would grow exponentially. The key is that the inflation is based on the difference between taxes income and money spent. If government borrowing covers the over spending each borrowed dollar lowers the value of each dollar already in the market, since the tax income doesn't change. Ergo inflation. Consumer spending increases the market value by the exchanging of dollars.
Why not improve public schools rather than drag Private Schools down.
Using Biden style overseeing. See no Evil, Hear no Evil, Say nothing about the Evil, such as Biden's control over the FBI and the CIA. Nancy Pelosi must be proud of the use of child labour as she promoted border crossing of all the children to do various kinds of work. Can you list all the things children can do? I knew you could. Such a good neighbor.
Nothing like semi- slavery to save on labor costs. Elites develope vaccines to have low wage autistic laborers for duties that would have cost more for non-autistic labor. You missed a table.
Take the money and run, sounds like a Leftist. I didn't know Biden was an artist.
Hitler thought a war and Holocaust was worth getting art.
Downtowns anywhere in California are exposed to the security that is not provided by the Democrat political powers in California and the fear of Downtown attacks prevents wise businesses from operating in downtown areas.