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 t...
March Madness is in full swing for both men’s and women’s basketball, but only the former has received a great deal of attention from the sports betting industry. A look at why women’s college hoops, as well as women’s sports in general, are often harder to bet on than their male counterparts. Plus, we look at how economic measures against Chinese shipping could come back to bite U.S. businesses. Also, a glimpse into a new report on how the country is doing on infrastructure. And, we chat with Larry Adam, Chief Investment Officer at Raymond James, about a new report that details the unease in the service sector around recent U.S. economic policies.
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8:36
As Trump disbands economic advisory committees, experts raise concerns
Trump Administration’s shuttering of the Federal Economic Statistics Advisory Committee, which brought outside expertise to government economic statistics, has raised eyebrows among economists about potential impacts on independent policymaking. Claudia Sahm, Chief Economist at New Century Advisors, speaks with Marketplace’s David Brancaccio about what the administration’s moves could mean. And, a new report says that wages for low-income workers have risen rapidly in recent years — but that may not tell the whole story.
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8:21
Chinese EV giant BYD leapfrogs Tesla in annual sales
From the BBC World Service: Chinese electric vehicle maker BYD has passed $100bn in annual revenue for the first time, putting Elon Musk’s Tesla in second place. Also, a visit to Europe’s biggest construction site in the south of Denmark: a $7.5bn tunnel being built under the Baltic Sea to Germany.
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8:14
Possible tariff delays and the stock market
The mood of stock investors turned more upbeat today after The Wall Street Journal and Bloomberg News reported that some industries won’t get hit with import taxes next week, as previously advertised by President Donald Trump. Among industries where tariffs might be deferred are cars, trucks and microchips. We’ll discuss. Plus: a lawsuit involving weedkiller Roundup (and a promised appeal) and attempts by Mexico to crack down on smuggled Chinese goods.
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9:31
How government funding cuts are affecting cancer research at Duke
The Trump administration’s budget-cutting efforts are having a big impact on research universities, even as those efforts face legal challenges. When it comes to medical research, universities often plan years in advance. We’ll hear what uncertainty in funding means for one Duke University research lab. But first: Genetic testing company 23andMe has filed for bankruptcy, and DoorDash is partnering with Klarna to offer buy now, pay later plans for food orders.
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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