Marketplace®

Daily business news and economic stories

Jay Siebold

Technical Director, Marketplace Morning Report

Latest from Jay Siebold

  • Saudi Aramco net profits fell by 25% in the first quarter of 2020.
    Getty Images

    Saudi Arabia takes a hit as profits at its state-run oil firm dip. Toyota and Honda release warnings about the year ahead for automakers. The Premier League warns its soccer clubs they’ll owe TV broadcasters more than $400 million.

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  • Informal talks for another stimulus package have started up, with unemployment off the charts.
    Joe Raedle/Getty Images

    The White House and members of Congress are considering whether to push another stimulus package. Unemployment may get worse yet before it gets better. How hotels are having to rethink safety. COVID-19 puts Britain’s relationship with China under strain.

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  • Employers want to know when it's safe for workers to go back to work, out of concern for public health and the safety of employees. And, so they don’t get sued.
    Ethan Miller/Getty Images

    Workers and employers want to know: When will it be safe to go back to work? And how will we know? Data emerges that shows U.S. meat is still being shipped overseas, especially to China. France begins to lift virus restrictions.

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  • A U.K. worker takes a break in a face mask.
    Getty Images

    We hear from the construction and hospitality industries as the U.K. government unveils plans to exit lockdown. A look at Paris on the first day back at work after one of Europe’s longest and strictest lockdowns. Disneyland in Shanghai reopens.

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  • The unemployment rate is up 10 percentage points, the highest rate and the largest jump since they started keeping track in 1948.
    Stephanie Keith/Getty Images

    The U.S. lost 20.5 million jobs in April. The unemployment rate is at 14.7%. Native American tribes are grappling with a surge of COVID-19 cases. Food banks at colleges and universities are seeing more and more students show up.

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  • We already know that more than 33 million people have filed for jobless benefits since mid-March.
    Jenny Evans/Getty Images

    As bad as jobs numbers will be, they won’t capture the full picture of unemployment. The White House says the first phase of its trade deal with China is on track. How will people celebrate Mother’s Day during the pandemic?

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  • A London brewery wants customers to donate to a drinks fund to reward health workers.
    Gipsy Hill Brewing Company

    A London brewery wants people to donate a beer to support hardworking health care professionals. Australia announces its COVID-19 recovery plan. Contact tracing faces a hurdle over users’ data privacy.

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  • One in five Americans who had been employed back in February have now been laid off.
    Andrew Caballero-Reynolds/AFP via Getty Images

    Another 3.2 million people filed for unemployment. Only during COVID-19 could that be an improvement. Facebook’s oversight board is here. Millions of undocumented immigrants and some legal immigrants won’t get government aid. Sinclair hit with a record FCC fine.

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  • One liberal arts college in the Northeast is pledging to find a job for every one of its 2020 graduates.
    Kamil Krzaczynski/AFP/Getty Images

    Graduating from college during a pandemic can be a career nightmare. One college wants to give its class of 2020 a leg up. Filings for state unemployment benefits have been soaring, but that number misses many people. And, listener stories from Econ Extra Credit.

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  • The U.K. economy is on course to shrink 14% this year.
    Richard Baker / Getty Images

    The Bank of England warns of a deep recession, though a quick recovery in 2021. Panic after gas leaks from a chemical plant in India. New Zealand’s winter tourism market suffers from a ban on most foreign visitors.

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