It’s corporate earnings season once again, but market watchers may be looking for different indicators this time around as companies adjust to current and expected U.S. tariffs. We check in with economist Julia Coronado on what hints we may get about how firms are thinking about today’s economy. Plus, a look at how decades of changes to the U.S. social safety net have affected the economic well-being of older Americans.
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7:03
Does "Direct File" have a future at the IRS?
As the April 15 tax filing deadline approaches, one free option that launched last year may not be available in the future. We look at why the Trump administration and some congressional Republicans are looking to end the IRS’s “Direct File” program. Plus, the White House announced a tariff exemption for most Chinese electronics, but there are strings attached. And, we speak with California Sen. Adam Schiff about new insider trading allegations against President Trump tied to his statements ahead of last week’s tariff reversal.
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6:48
China's Xi Jinping visits Vietnam amid U.S. trade tensions
China’s leader is in neighboring Vietnam as both countries face hefty U.S. tariffs. The visit comes as Beijing faces 145% U.S. tariffs, while Vietnam seeks to reduce threatened 46% duties set for July. Asian markets reacted positively after a tariff exemption was announced for electronics and semi-conductors. Plus, in a dramatic turn of events, the British government has taken control of a Chinese-owned steel plant in the UK that was said to be days away from closing.
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6:39
Shield your eyes, foreign exchange traders
The U.S. dollar hit a three-year low in foreign exchange markets today, signaling nervousness in global markets over tariffs. We delve into what the drop means. Plus, we discuss with FHN Chief Economist Chris Low why the bond market might just be the most powerful balance on the president’s authority to impose tariffs. And, in the latest edition of our “What’s That Like?” series is exploring the odd, unusual and downright weird jobs that help prop up our economy, we chat with an oyster farmer about raising the slimy, delicious shellfish.
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10:08
Preparing for retirement amid a trade war
People who are about to retire likely just saw their pool of money shrink because of all of the market uncertainty. We chat about what the latest tariff-driven turmoil likely means for savers and how to navigate it. Plus, a look at why the dollar has been dropping in recent days. And, how Prada’s purchase of fellow luxury brand Versace might change how the brand sells itself to consumers.
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.
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