Marketplace®

Daily business news and economic stories

Jay Siebold

Technical Director, Marketplace Morning Report

Latest from Jay Siebold

  • Won't company profit reports for the first quarter just be one big asterisk given the COVID-19 pandemic?
    Spencer Platt/Getty Images

    Some rebounding for U.S. markets; less confidence for those in Europe. Honda, Nissan and Tesla on the list of car companies triggering mass furloughs of factory workers. An update on the extra $600 in unemployment benefits.

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  • Those affected by the coronavirus can draw funds from retirement savings without penalty now.
    Justin Sullivan/Getty Images

    New rules on tax-protected retirement plans, so people can take their money out without penalty and put it back when cash flow returns. TJX the latest retailer to trigger mass furloughs. Slow ramp-ups for Chinese cities after lockdowns.

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  • A mother and son waiting for the first train from Wuhan.
    Costfoto/Barcroft Media via Getty Images

    Buses, trains and domestic flights have resumed from the Chinese city at the center of the COVID-19 pandemic. Does the British government face a leadership vacuum? Spain considers a universal basic income.

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  • America's central bank is putting more juice behind emergency loans to help small businesses.
    Olivier Douliery/AFP via Getty Images

    Stocks are up again today, despite new data about the misery of American small businesses. The Fed steps in to help finance small business loans. How commercial fishers are faring. The push for corporations to donate to fight COVID-19.

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  • A few car insurance companies are giving people a break, given that we're home a lot and not driving much.
    Al Bello/Getty Images

    Allstate says it’s proactively giving a 15% shelter-in-place discount to its car insurance customers. The call for the immediate cancellation of the debt of poor countries. The effect of the pandemic on black-owned businesses.

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  • Nineteen countries in Europe share the Euro currency.
    Budrul Chukrut/SOPA Images/LightRocket via Getty Images

    The 19 countries using the euro currency meet to discuss financial aid. After news the British Prime Minister is in intensive care, the pound sterling is now stable. Dog obedience classes go online amid social distancing.

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  • When was the last time you filled your gas tank? Pictured: Gas prices in Los Angeles County hit the lowest point in a year.
    Mario Tama/Getty Images

    Signs of COVID-19 cases perhaps peaking. No deal yet from OPEC to cut oil production. Apple CEO Tim Cook says the company will produce 1 million face shields a week. New streaming service Quibi launches today.

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  • Dairy farmers have been opening up the tanks and dumping out milk.
    Spencer Platt/Getty Images

    Demand for milk is down in this shelter-at-home mode. Sink or swim for startups in this COVID-19 economy. How Nashville, which is still recovering from tornadoes in early March, and its musicians are faring right now.

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  • Japan's Prime Minister Shinzo Abe.
    Tomohiro Ohsumi/Getty Images

    Tokyo and other key cities in Japan prepare for a state of emergency. Singapore unveils another emergency budget. Stocks rally as oil prices suffer a fresh fall. Can India help Trump with “game-changer” COVID-19 drug?

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  • GDP is growing but unemployment claims are still high in this two-tiered economy.
    Alex Edelman/AFP via Getty Images

    After almost 9 1/2 years of American payrolls growing month over month, there was a sickening drop in March. And the latest numbers don’t even capture the worst of it. Plus, the history of the U.S. census.

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Jay Siebold