Dec 9, 2016

Marketplace Morning Report for Friday, December 9, 2016

GIUSEPPE CACACE/AFP/Getty Images

On today's show, we'll talk about Trump's choice for Labor Secretary; the difficulties of treating patients who are socially isolated; Italy's struggles to rescue its third-largest bank, Monte dei Paschi di Siena; and a new paper that found just over half of 30-year-olds earn more than their parents did at a similar age — down from 90 percent in 1970.

Segments From this episode

Italy looks to EU to help oldest bank

by Stephen Beard

Dec 9, 2016

The bank Monte dei Paschi di Siena is in trouble. Who should come to its aid?

The headquarters of the Monte dei Paschi di Siena bank, located in the Italian region of Tuscany.

GIUSEPPE CACACE/AFP/Getty Images

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OPEC woos other nations into production-cutting plan

by Lewis Wallace

Dec 9, 2016

The Organization of Petroleum Exporting Countries agreed this week to cut production for the first time in eight years. That could mean oil prices will go up. But that depends on whether OPEC can convince a bunch of other non-cartel countries to agree to the cut. The cartel has invited 14 other countries to a […]

An Austrian soldier stands guard outside the OPEC headquarters in Vienna in 2016.

Joe Klamar/AFP/Getty Images

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For the sickest and most vulnerable patients, care needs to extend outside the hospital

by Dan Gorenstein

Dec 9, 2016

A new report out this morning has some surprises about some of the sickest and most vulnerable patients in the country. The Commonwealth Fund survey finds as many as 95 percent of these people have consistent access to care. But many are socially isolated — which means access isn’t enough to improve their conditions. Click […]

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Trump orders fast food exec as Labor Secretary

by Andy Uhler

Dec 9, 2016

President-elect Donald Trump continues to fill out his cabinet appointees (though, remember, these candidates have to be approved by the Senate). Yesterday, Trump announced the CEO of Hardee’s and Carl’s Jr., Andrew Puzder, as his nominee to lead the Labor Department. The appointment would be consistent with recent Trump nominees. Puzder has long been an […]

Andy Puzder departing Trump Tower on Wednesday.

Drew Angerer/Getty Images

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Mid-day Update

Trump to stay on 'Celebrity Apprentice' as executive producer

by Amy Scott

Dec 9, 2016

The markets, OPEC's production cuts, UPS deliveries, and the Celebrity Apprentice.

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On today’s show, we’ll talk about Trump’s choice for Labor Secretary; the difficulties of treating patients who are socially isolated; Italy’s struggles to rescue its third-largest bank, Monte dei Paschi di Siena; and a new paper that found just over half of 30-year-olds earn more than their parents did at a similar age — down from 90 percent in 1970.