Marketplace®

Daily business news and economic stories

Jay Siebold

Technical Director, Marketplace Morning Report

Latest from Jay Siebold

  • Dalio says the combination of debt, a large wealth gap and an economic downturn create instability that history has shown leads to extreme conflict.
    Kimberly White/Getty Images for TechCrunch

    The founder of the biggest hedge fund has plans to restructure capitalism to better serve more people. And, the White House is out with an executive order to try to remove some legal protections for social media companies.

    Read MoreDownload
  • India’s migrant workers want to return home
    Photo by Himanshu Bhatt/NurPhoto via Getty Images

    Unemployment in India has risen to 24% with migrant workers facing an uncertain future. Imaging the future of retail, restaurants in Lithuania use vacant seating to make a catwalk of a different kind for local clothing stores.

    Read MoreDownload
  • People with children are being disproportionately hit with job losses, and of course those children are home now.
    Joe Raedle/Getty Images

    Some people are starting to get rehired as states reopen, but, overall, we’re not hiring enough to offset the extraordinary magnitude of job losses. The history of the U.S. unemployment benefits system. And, Disney World’s plan to reopen this summer.

    Read MoreDownload
  • The argument for a federal jobs program
    Saul Loeb/AFP via Getty Images

    Since the lockdowns began, more than 30 million Americans have gotten approval to receive unemployment benefits, but many more are still trying to get filed and approved. Plus, reimagining the economy after COVID-19 with a federal jobs program.

    Read MoreDownload
  • Venezuela's oil industry is struggling to provide enough fuel.
    Leonardo Fernandez Viloria/Getty Images

    People in Venezuela will have to pay to refuel as vital oil supplies arrive from Iran. Hong Kong residents worry as China passes a controversial security law. Nissan will stop making cars in Barcelona.

    Read MoreDownload
  • Consumer sentiment is near the lowest level in nearly a decade.
    Stephanie Keith/Getty Images

    Consumer sentiment plunged 19% in April. Yet the stock market is up. What do these contrasting trends mean? The launch of HBO Max. The future of manufacturing. In buildings closed by COVID-19, stagnant water can become dangerous.

    Read MoreDownload
  • Gary Cohn argues it’s time to move from the immediate economic response to the COVID-19 emergency and switch to promoting a recovery that sticks.
    Saul Loeb/AFP via Getty Images

    Gary Cohn is frustrated with partisanship surrounding what the federal government should do next over the economy during COVID-19. Plus, fast food employees in Chicago have filed a lawsuit against McDonald’s, asking for stricter health standards.

    Read MoreDownload
  • Cities are encouraging workers to commute by bike to aid social distancing
    Eduardo Sanz/Europa Press via Getty Images

    Governments hope biking commuters will ease pressure on public transport and lower pollution. The European Commission unveils a fresh COVID-19 rescue plan. Renault, Nissan and Mitsubishi collaborate to cut costs. 

    Read MoreDownload
  • Markets are up on the first day since late March that brokers are on the NYSE trading floor.
    Johannes Eisele/AFP via Getty Images

    The new safety rules at the NYSE. The S&P hits 3,000. Home prices see their biggest jump in a year. The German government has agreed to pay $10 billion to keep the country’s flagship airline from collapsing.

    Read MoreDownload
  • Face masks, social distancing and no handshakes: These are among the new rules for NYSE traders.
    Spencer Platt/Getty Images

    About 25% of traders are returning to the floor of the New York Stock Exchange. Costco’s first-quarter results are in this week. How does the retailer see the road ahead? And, two years of Europe’s online privacy law, the GDPR.

    Read MoreDownload
Jay Siebold