Marketplace Morning Report

with David Brancaccio

Marketplace Morning Report for Friday, August 9, 2013

JPMorgan Chase is apparently moving towards settling with U.S. regulators over huge losses racked up by one of its traders known as the "London Whale." The bank is reportedly ready to admit wrongdoing over the ill-fated trades. As many children head back to school across the country, school districts are facing 5.2 percent cuts in funding mandated by the sequester. That adds up to more than $1.5 billion. We'll take a look at how schools and students will be impacted. And, if you're a tenant facing eviction, chances are you'll lose in court. Most landlords hire attorneys, and most tenants go unrepresented. But a pilot program in California might change all of that. It provides free counsel to low income tenants, and it could actually save taxpayers money.

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JPMorgan Chase & Co.'s Manhattan headquarters.
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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.