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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

  • On cue, job gains blow past expectations
    Angela Weiss/AFP via Getty Images

    This morning’s jobs report is out, and the number was staggering — 517,000 jobs added relative to the 187,000 that economists expected. FHN Financial Chief Economist Christopher Low breaks down how to interpret the numbers. The tech sector is in rough shape, and this earnings season’s results are confirming how deep the malaise goes. And, the state of Tennessee is rejecting millions of dollars in federal HIV aid partly because it wants to deny funding to abortion providers like Planned Parenthood. 

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  • Regulators eye reducing credit card late fees
    Joe Raedle/Getty Images

    The Consumer Financial Protection Bureau is proposing a further limiting of credit card late fees, which the agency says could save consumers around $9 billion per year. The big U.S. job report is out today, and it showed a huge increase in the number of jobs added to the economy. And, the G7 collection of nations plus the EU are tightening their oil ban on Russia. 

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  • G7 ramp up oil sanctions against Russia
    Angelos Tzortzinis/AFP

    From the BBC World Service: From Sunday the G7 group of leading economies will ban the import from Russia of refined oil products like diesel, and impose a price cap on exports elsewhere. It follows a similar move in December on crude oil shipments. But what will it do to supplies? And how will it affect prices at the pump? Plus, we hear from a shopkeeper in Hong Kong who has had to ditch all her CBD stock in response to new laws. And, why teenagers in the U.K. are clamouring for a new drink called Prime.

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  • Why are investors bullish on Meta again?
    Josh Edelson/AFP via Getty Images

    Meta released its quarterly earnings yesterday, posting dismal results that showed the company took in only half the profits earned last year. But investors are bullish for a number of reasons, including cost-cutting measures and good signs that Facebook is doing well. A new report shows that undergraduate college enrollment is stabilizing after prolonged declines, but not for majors that lead to careers in health care. And, a new agreement between the U.S., Netherlands, and Japan will further restrict the flow of advanced microchips to China. 

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  • Looking to learn about economics? Start with inequality
    Scott Heins via Getty Images

    Any student studying introductory economics could tell you about traditional concepts like efficiency, production functions, and others. But there’s one essential concept that’s often glossed over: economic inequality. As part of our Marketplace Crash Course series, we spoke with Homa Zarghamee, professor of economics at Barnard College, about inequality and why it’s important to learn about. And, a look into why the Fed chose to raise rates by a quarter-point yesterday.

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  • From the BBC World Service: The war in Ukraine and responses to it pushed oil and gas prices to record highs in 2022. It’s meant bumper profits for the world’s oil majors, and today was Shell’s turn with profits of $40bn. But what is it doing with the windfall? Plus, the Indian conglomerate Adani group continues to see its share price collapse after a highly critical report by the U.S. short seller Hindenburg Research. The company’s boss Gautam Adani has lost the title of Asia’s richest man, but he’s fighting back insisting the business is “robust”.

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  • Barnard professor Homa Zarghamee says learning about economic inequality is a fundamental part of understanding the modern economy.
    Scott Olson/Getty Images

    Professor Homa Zarghamee explores issues tied to wealth distribution and explains how economics translates into policies that affect people’s lives.

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  • The Fed is about to make a lot less money for the government
    Anna Moneymaker/Getty Images

    The Federal Reserve has been one of the largest single sources of revenue in recent years for the federal government. But now, thanks to low returns on assets and high borrowing costs, the central bank is set to be much less profitable. We check in on markets ahead of today’s Fed rate decision with Susan Schmidt, Head of Public Equities at the State of Wisconsin Investment Fund. And, Western states sharing water resources from the Colorado River have again blown past a federal deadline to cut water usage after California held out on a deal.

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  • Chip shortage no longer — there’s now a glut
    Jens Schlueter/AFP via Getty Images

    No longer facing the blistering demand for microchips seeing during the peak of the pandemic, chip-making giants like AMD and Intel are seeing their profits decrease. We look into what that says about the wider malaise seen in the tech sector. The BBC reports on one 22-year-old Princeton student’s tool to detect AI-generated text. And, an early farewell to the iconic Boeing 747, which formally stopped being produced this week. 

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  • India bets on a budget boost
    Photo by INDRANIL MUKHERJEE/AFP via Getty Images

    From the BBC World Service: We look at India’s finances as it tries to supercharge its manufacturing sector in a final budget before key elections. Plus, with the value of gold heading to new highs we hear from a mine in Scotland. And, why spending on players in England’s top soccer league continues to break records.

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David Brancaccio