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...
Carmakers say sales soared last month as buyers snapped up vehicles in attempts to get ahead of the tariffs President Donald Trump is set to announce later today. Vehicle sales could fall after tariffs are implemented and car prices surge. Plus, U.S. businesses went on a hiring spree in March. How exactly can jobs affect interest rates? We’ll discuss. Then, we’ll look at how London’s millennium-old Borough Market has evolved to serve modern tastes.
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8:02
Is all fair in love and trade wars?
President Donald Trump is slated to unveil a slew of tariffs today, though we don’t know exactly how high these import taxes will be. What we do know is that a lot of U.S. allies are promising to retaliate in what could be the start of a far-flung trade war. And later: why J&J is in bankruptcy court for its talc suits and how credit card swipe fees are hitting bottom lines.
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7:40
Finland boosts defense spending
From the BBC World Service: Finland is planning to boost defense spending by $3.2 billion because of security worries. The Nordic country has seen a boom in its defense tech industry since the start of the war in Ukraine. Plus, we’ve been visiting marketplaces as part of our special “Tricks of the Trade” series. This time, we’re at London’s Borough Market, which attracts 20 million visitors a year.
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9:28
A merger in the land of mortgages
Rocket — the company behind Rocket Mortgage — has struck a $9.5 billion deal to buy Mr. Cooper, a company that focuses mainly on collecting mortgage payments. That comes less than a month after Rocket bought online real estate brokerage Redfin. What’s behind the buying binge? Then, as part of our ongoing Tricks to the Trade series, we hear tips and reflections from flower purveyors at London’s New Covent Garden Market.
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8:56
A question of struggle and survival for many restaurants
Some restaurants are still digging out of the hole the COVID-19 pandemic put them in. Many took on debt to survive the pandemic when they had to shutter; others have debt from before. The costs of those loans are still weighing on many restaurants — especially smaller establishments. We dig in. Also on this morning’s show: the war on ticket scalping, Vietnam’s slashed import duties and a delay in a Panama Canal port deal.
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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