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David Brancaccio

"Future Effects" Senior Correspondent

David Brancaccio is Marketplace’s “future effects” senior correspondent. In this role, David aims to explore how short-term thinking can impact our personal finances, innovation, government policy, and more.

David worked as the host and senior editor of “Marketplace Morning Report” from 2013 to 2026, where he focused on the regulation of financial markets, the role of technology in labor markets, the history of innovation, digital privacy, sustainability, social enterprises, and financial vulnerability in older adults. David freelanced for Marketplace in 1989 before becoming the program’s European correspondent based in London in 1990.

David hosted the evening program from 1993-2003, then anchored the award-winning public television news program “Now” on PBS after a period co-hosting with journalist Bill Moyers. David has co-produced and appeared in several documentaries, including “Fixing the Future,” about alternative approaches to the economy, and “On Thin Ice,” about climate change and water security, with mountaineer Conrad Anker. David is the author of “Squandering Aimlessly,” a book about personal values and money. He enjoys moderating public policy discussions, including at the Aspen Ideas Festival, Chicago Ideas Week, and the Camden Conference in Maine.

David is from Waterville, Maine, and has degrees from Wesleyan and Stanford universities. Honors include the Peabody, Alfred I. duPont-Columbia University, Emmy, and Walter Cronkite awards. He is married to Mary Brancaccio, a poet and educator. They have three offspring, all adults. He likes making beer and building (and launching) pretty big rockets. Among his heroes are Edward R. Murrow and Wolfman Jack.

Latest from David Brancaccio

  • Banks are still borrowing emergency funds from the Fed
    Brendan Smialowski/AFP via Getty Images

    But at least this week they borrowed less than they did last week. That’s a good sign. We look at why the U.S. central bank is making it easier for banks to borrow more money. And, earlier this month, after 10 years of negotiating, countries at the United Nations hammered out a new treaty that has the potential to significantly change how the world’s oceans are governed. The treaty also sets some rules and regulations around trade on the high seas and the use of natural resources.

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  • There’s a T. rex on sale in Europe
    Timothy A. Clary/AFP via Getty Images

    From the BBC World Service: For the first time since 2019, China is hosting its three-day development forum to show the world that it’s back in business. However, the U.S. guest list is pretty short due to growing tensions between the two countries. Plus, the South Korean businessman, Do Kwon, has been charged by U.S. prosecutors with fraud, over a failed cryptocurrency scheme. Plus, a Tyrannosaurus rex skeleton is going on sale for the first time ever in Europe, valued at around $6 million. But there are concerns it could be locked away from public view by a private buyer.

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  • The Fed's freshly created Bank Term Funding Program could reduce the incentives for banks to follow good practices, says analyst Joseph Wang.
    Mark Wilson/Getty Images

    In the wake of turmoil in the banking system, some in Congress argue the solution is more regulation. Republican Sen. Rick Scott and Democratic Sen. Elizabeth Warren have unveiled legislation that would add a new watchdog to oversee the Federal Reserve itself. That’s just one part of the conversation happening in Washington about tightening regulation. Plus, will banking system jitters do the Federal Reserve’s job for it? Also, keeping an eye on the housing market, which is starting to show some traces of stabilization after new home sales rose unexpectedly in February. And, how China hopes to boost its population and, by extension, its economy.

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  • What’s next for financial regulators after the banking jitters?
    Drew Angerer/Getty Images

    The recent bank rescues should serve as a wake-up call for regulators to do more, says senior economics contributor Chris Farrell.

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  • Why the Fed decided to raise interest rates yesterday
    Kevin Dietsch/Getty Images

    The Federal Reserve, after much hand-wringing amongst market watchers, ended up raising interest rates by 0.25% yesterday, signaling the central bank’s emphasis on fighting inflation despite recent instability in the financial sector. We look into what went into Chair Jerome Powell’s calculus on the rate decision. Meanwhile, Treasury Secretary Janet Yellen sought to assuage monetary hawks yesterday, saying that the government would not implement a blanket policy of fully insuring bank deposits. And, China’s population is changing as many workers age, but some say the demographic shift isn’t as big of a deal as it’s made out to be. 

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  • Rising rates: inflation vs bank balance sheets
    Dan Kitwood/Getty Images

    From the BBC World Service: After the Federal Reserve, it’s the turn of the Bank of England to make a decision on interest rates. Central banks are juggling two major concerns — inflation and stability in the banking sector. Since SVB collapsed, we’ve seen how higher rates affect the value of assets like bond portfolios held by banks. But in the UK, that decision may be clearer because inflation remains stubbornly high — markets are certainly expecting another rise. Meanwhile, there’s a tussle in the European Union over the date to phase out gas-powered and diesel cars. And, what’s it like doing business in Iraq 20 years after the U.S.-led invasion?

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  • LA educators continue strike, aided by high demand for jobs

    Educators, teachers and other employees at the Los Angeles Unified School District are continuing their strike for higher pay. We look into how broader labor trends are helping demonstrators on the ground make their case. And, we talk with Boston College Law School professor Patricia McCoy about how the government’s recent actions to calm anxiety in the financial sector are adding to so-called “moral hazard”.

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  • Data support the claim that too much government backing can incentivize banks to take more risks, says Boston College law professor Patricia McCoy.
    Spencer Platt/Getty Images

    According to Boston College’s Patricia McCoy, data underscore concerns about the government’s role in risk-taking at banks.

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  • As states pass pay transparency laws, is their impact clear?

    Eight states thus far have passed laws to boost pay transparency in job listings, aiming to grant applicants more information in a competitive job market. We look at the experience of New York City after implementing its own rule. Chris Farrell explains how to make the most of federal deposit insurance — and how someone can get more than $250,000 in the bank insured. And, Google yesterday released Bard, its competitor to Microsoft’s AI chatbot, ChatGPT. 

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  • How Ramadan drives a multi-billion dollar date industry

    From the BBC World Service: As the Islamic holy month of Ramadan gets underway, we look at the significance of dates and the multi-billion dollar business of supplying those breaking their fasts. Plus, Ukraine gets a $15bn boost from the International Monetary Fund, and we hear about the class action launched in Indonesia by parents whose children died or were injured by contaminated cough syrup.

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David Brancaccio