Marketplace Morning Report

with David Brancaccio

Marketplace Morning Report for Friday August 1, 2014

It's a total collapse for a global trade deal said to be worth a trillion dollars. The World Trade Organisation had hoped the agreement would add 21 million jobs around the globe, by easing customs rules. But India's refusal to sign means the deal's off, now that the deadline has passed. Plus, the housing crash sent many construction workers fleeing to other industries. Now that housing is recovering, builders are struggling with a shortage of skilled workers. That’s delaying housing starts and driving up home prices. And, Mark Garrison talks to Pro Publica Senior Editor Tracy Weber about their recent reporting on a company called USA Discounters that offers easy credit to military service members. The catch? If a service member falls behind, the company aggressively goes after them, by suing them in courts near its Virginia headquarters, making it incredibly difficult for service members to show up in their own defense.  

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About the Show

News happens while you sleep. Marketplace Morning Report gives you a head start on the day. Throughout the morning, host David Brancaccio shares the latest on markets, money, jobs and innovation, providing the context you need to make the smartest decisions. And from London, host Anu Anand presents Marketplace Morning Report from BBC World Service to bring you up to speed as the global economy shifts. It's the world perspective you need, from two trusted sources.