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...
There’s another casualty from the Trump administration’s dismantling of the U.S. Agency for International Development: Funding for agriculture research at 17 labs at U.S. universities is now frozen. We’ll discuss some of the impacts. Plus, the health of the manufacturing sector improved for the second month in a row. And, how are markets responding to government firings and a government-wide deregulation campaign?
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7:41
Consumers have the travel bug again
Shares of Booking Holdings — the company behind Booking.com, Priceline, Kayak and other travel sites — are popping this morning after announcing yesterday that profits were up almost 50% last quarter compared to a year earlier. Tons of companies in the travel industry, including airlines, are doing well thanks to strong travel demand. We’ll unpack. Also on the program: a lesson on how Massachusetts helped make the modern gambling industry.
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8:30
Antiausterity protests continue in Indonesia
From the BBC World Service: Thousands of students are protesting as part of what’s become known as “Dark Indonesia” demonstrations, in which rally-goers are taking a stand against budget cuts and other policies by President Prabowo Subianto. Plus, Germany’s election campaign is in its closing days, and a BBC investigation finds that addictive synthetic opioids are being illegally shipped to West Africa by an Indian company.
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8:42
The tiff over New York City’s congestion pricing
The Trump administration has waded into a controversial policy in New York that charges tolls for most passenger cars entering certain parts of Manhattan, also known as congestion pricing. The Secretary of Transportation has sent a letter to New York’s governor saying that the administration is revoking federal approval. We’ll hear more. Also, we’ll unpack Walmart’s quarter earnings release and learn how one California company is electrifying older diesel trucks.
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7:41
What slashing federal agency budgets could mean for food safety
The Food and Drug Administration is among the agencies in the firing lines of the Trump administration’s staff cuts. But those layoffs are raising flags about how the FDA will be able to adequately oversee food supply safety and respond to any crises or outbreaks. Also on the program: what the government might do with savings resulting from DOGE’s budget slashes and why homebuilders feel pessimistic about future sales.
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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