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Marketplace Morning Report
Monday - Friday 5:50am and 7:50am
Steve Chiotakis and Jeremy Hobson
Marketplace Morning Report is the morning sister program from Marketplace. It's the morning business news "for the rest of us" in the time it takes you to drink your first cup of coffee.
Friday, September 19, 2014 3:31amFirst up, we have the money angle on Scotland's decision to remain united with the kingdom. And continuing our series on the weird, delightful and destructive ways that prices have changed during that quarter century, we take a look at the current best-selling car in America: The Honda Accord. Adjusting for inflation, surely, it must have gotten more expensive. Think again.
Thursday, September 18, 2014 3:22amSurvey results out this morning suggest many Americans who signed up for health insurance under what's labeled the Affordable Care Act do actually find their coverage affordable. That's particularly true for people with very low incomes who are paying less than $125 a month for a policy--on par with what many pay to get health coverage through their jobs. But for people earning over $30,000 a year, the premiums often seem expensive. And two weeks ago, Marketplace China Bureau Chief Rob Schmitz reported a story about how the professional-style social-network LinkedIn censors content from its members in China on its site throughout the world. Our correspondent figured this out when some of his own linkedin content was removed. Today, LinkedIn has announced it is now changing this censorship policy. Plus, New York City has gotten attention for its new city-funded pre-schools that just opened this month. But around the country the typical pattern is a private daycare run by people working out of their homes. These tend to hit the news when something awful happens, but many daycare workers are also supplying much-need social capital.
Wednesday, September 17, 2014 4:11amFirst up, more on reports that China's central bank is injecting the yuan equivalent of $81 billion dollars into its stumbling economy. The People's Bank of China has not confirmed this but markets are moving on the reports. Plus, we're just learning from the U.S. Census Bureau that the federal poverty rate has fallen, albeit slightly, for the first time since 2006. Last year, 14.5 percent of Americans were officially "poor," down from 15 percent the year before. But a new report out today says far more families are financially insecure. And schools this fall are using data drawn from students in ornate ways. The idea is to personalize education, to figure out which teaching techniques are working and to make school services more efficient. As just one part of our series we're calling "The Quantified Student," Marketplace's Adriene Hill went in search of the data driven...cafeteria.
Tuesday, September 16, 2014 4:15amFirst up, the California Public Employee's Retirement System, better known as Calpers, is the country's largest public pension fund with an enormous $300 billion in assets. So when Calpers acts, investors take notice. Now, Calpers has said it's going to completely shed hedge funds from its portfolio of investments. Plus, it seems like student loan debt will never go away. Well, a new report from the Government Accountability office says, that can actually be the case. We investigate. Also, on Thursday the people of Scotland vote in a crucial referendum. They will decide whether they want to separate from the rest of the UK. Pro-independence campaigners claim that if they do, they’ll each be at least $1600 a year better off. But this rosy scenario is partly based on North Sea oil, whose ownership is up for debate.
Monday, September 15, 2014 4:52amFirst up, more on U.S. and European sanctions against Russia for its role in Ukraine that are making it tough for Russia companies to borrow money. Today, Russia's finance minister said Russia will set up an emergency fund to help ease the cash crunch, size as yet unknown. Plus, Federal Reserve officials are meeting this week. On the agenda is the big monetary question of the year: when does the U.S. get to the point that too many jobs have been created? In other words, when do policymakers have to raise interest rates? And kids are back in school and whether they or their parents know it not, they're being mined...for their data. Increasingly, schools are introducing software to keep track of how kids learn and what they're doing. Marketplace's Adriene Hill is kicking off a series today we're calling "The Quantified Student."