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Jay Siebold

Technical Director, Marketplace Morning Report

Latest from Jay Siebold

  • May 6, 2020

    The month the labor force stood still

    ADP says its payroll data for April shows the worst job loss numbers ever.
    Chandan Khanna/AFP via Getty Images

    There were 20.2 million fewer people on American payrolls in April. Uber and Lyft are reporting first quarter earnings, and ridership is way down. With COVID-19, the role of big meat producers is changing in the supply chain.

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  • May 6, 2020

    Tracking jobs (and joblessness) amid COVID-19

    The U.S. is waiting to see if joblessness has hit Great Depression levels.
    Angela Weiss/AFP via Getty Images

    Awaiting the numbers on layoffs, hiring and unemployment. Tourism revenue in China was down 60% during the recent holiday. A forecast that half of all department stores located in U.S. shopping malls will close by the end of 2021.

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  • May 6, 2020

    Europe’s economy screeches to a halt

    Data showed the eurozone business activity plunged to a record low in April as economies closed due to the COVID-19 pandemic.
    Bertrand Guay/AFP via Getty Images

    Business activity in the eurozone plummeted to its lowest level ever in April. Why have the European Central Bank and Germany’s courts clashed over bond buying? Rethinking aviation’s business model.

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  • May 5, 2020

    Even before COVID-19, many had economic anxiety

    Economic anxiety is up across most income groups, except for those with low incomes, who were already anxious.
    Spencer Platt/Getty Images

    Lower income people were already very anxious well before COVID-19. The price of crude oil has been on a two-day roll. Airlines focus on frequent flyers. The Treasury Department says it will borrow $3 trillion in three months.

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  • May 5, 2020

    The data on economic anxiety

    Nearly a third of us say our financial situation is causing us to lose sleep.
    Cindy Ord/Getty Images

    The findings of our new Marketplace-Edison Research Poll, a national scientific survey out today. It’s the highest jump we’ve seen in our Economic Anxiety Index®. Plus, an Iranian airline flouted flight restrictions on China, likely contributing to the spread of COVID-19.

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  • May 5, 2020

    UK tests contact tracing as government mulls loosening lockdown

    The U.K. is testing a contact-tracing app as the government weighs how to lift the country's lockdown measures.
    Leon Neal/Getty Images

    Britain trials a new contact-tracing app as it prepares to loosen lockdown restrictions. India exporters feel the COVID-19 pinch. Has the global pandemic reshaped the agenda for U.S.-U.K. trade talks?

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  • May 4, 2020

    Who benefits if payroll tax is cut?

    A payroll tax could prove popular, but it would cut into the social security system.
    Jim Watson/AFP via Getty Images

    President Trump said any new economic stimulus would have to include a cut in payroll tax. Credit cards adapt to the COVID-19 economy. When Warren Buffett talks, investors listen. How TV and movies are filmed during lockdown.

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  • May 4, 2020

    Major retail bankruptcies begin

    J. Crew is the first major retailer to file for bankruptcy protection in the COVID-19 era.
    Jeenah Moon/Getty Images

    J. Crew has entered bankruptcy protection, the first major retail chain to do so during the COVID-19 era. A global summit aiming to raise more than $7 billion for vaccines and treatments. The 57 million people with jobs labeled “vulnerable.”

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  • May 4, 2020

    4 million Italians head back to work

    Many Italians are returning to work after two months of lockdown.
    Tiziana Fabi/AFP via Getty Images

    Italy has deep economic scars from its COVID-19 lockdown. The European Commission hosts an online pledge drive to help fund a pandemic vaccine. Air France and Norwegian Air have been handed lifelines.

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  • May 1, 2020

    The stock market’s big April gains

    The stock market’s big April gains
    Kena Betancur/Getty Images

    The S&P 500 went up more than 12% in April. Analysts say they expect to see a sales decline of more than 50% for automakers. Amazon’s warning on company spending. Relief efforts for undocumented immigrants.

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Jay Siebold