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

A lot happened while you slept. Marketplace Morning Report® host David Brancaccio explores the latest on markets, money, jobs and innovation, providing the context you need to make smart decisions. We've also launched a new series about how machines, robots and algorithms are increasingly entering the workforce. We're looking at what humans can do about it with a new journey to find robot-proof jobs. Read more here.