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Marketplace Morning Report

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.

Episodes

Are we in for another logistics nightmare?

We’re now just days from a potential strike by dockworkers that would stretch from the Gulf of Mexico on up the East Coast. Oct. 1 is the deadline for an agreement between ports and the union representing about 45,000 dockworkers. What sort of ripple effects might such a strike have? Plus, Congress has approved a temporary spending bill to keep the government open — for another few months.

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7 min•

Yesterday

It’s refinance time for many homeowners

Last week, refinance applications were up 20% from a week earlier. The number of people who could benefit from refinancing — especially those who took out mortgages with interest rates in the high 6% to 7% range — has been growing over the last few weeks, but not everyone is making the jump. Plus, OpenAI looks to switch from a nonprofit to for-profit entity, and buy now, pay later is expected to surge this year.

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8 min•

Yesterday

China has even more plans to revive its economy

From the BBC World Service: This week, Chinas has really been trying to get its economy back on track. Today, China’s leaders has rolled out additional measures to shore up its struggling economy, including reforms to banking, business and property, as well as more help for the poor. We’ll hear more. Plus, Pakistan has agreed to a $7 billion funding deal with the International Monetary Fund.

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8 min•

Wednesday

Attention Kmart shoppers: It’s time to say goodbye

Once upon a time, there was department store chain called Kmart. Now, the bargain retailer is closing its last full-scale store in the lower 48. Kmart has struggled for years in the shadow of its two biggest imitators: Target and Walmart. Also on the show: OpenAI is looking to expand its artificial intelligence data centers. Plus, is this especially tense presidential campaign eating away at the economy?

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8 min•

Wednesday

To be political or not to be political?

That is the question facing many companies, especially as we lead up to the contentious 2024 election. Today, we’ll hear how about some companies responded — from opting to ban political talk in the workplace and ones that emailed customers with telling them how to vote — as well as their thorny results. First, we’ll learn what we can glean from key economic speeches from former President Donald Trump and Vice President Kamala Harris.

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7 min•

Wednesday

Britain’s prisons are at a breaking point

From the BBC World Service: Prisons in Britain are grappling with overcrowding, staff shortages and funding cuts — all of which are making a bad situation worse. The government has started to release prisoners early to reduce pressure on the system. Meanwhile, talks are kicking off today between trade unions and Volkswagen on proposed cuts to its workforce in Germany. And, there are calls for more private business investment in India.

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Marketplace Morning Report

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Are we in for another logistics nightmare?

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It’s refinance time for many homeowners

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China has even more plans to revive its economy

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Attention Kmart shoppers: It’s time to say goodbye

Mark as played

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To be political or not to be political?

Mark as played

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Britain’s prisons are at a breaking point

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