Aug 10, 2016

Marketplace Morning Report for Wednesday, August 10, 2016

USA's Michael Phelps kisses his gold medal on the podium after Team USA won the Men's 4x200m Freestyle Relay Final during the Rio 2016 Olympic Games. GABRIEL BOUYS/AFP/Getty Images

On today's show, we'll talk about complaints over the amount of ads during the Olympics; look back at China's decision to devalue the yuan last year; and explore why many areas are reluctant to purchase flood insurance.

Segments From this episode

Many in flood zones don't carry flood insurance

by Marketplace Contributor

Aug 10, 2016

Flooding is the most expensive — and most frequent — natural disaster.

Lerry Linger, a resident of Martinsburg, W. Va. sits by her bed in the van she's been sleeping in as she volunteers at a donation station in Clendenin.

Anne Li

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We're complaining about Olympics commercials. A lot.

by Andy Uhler

Aug 10, 2016

NBC's broadcast of the Olympics is full of ads, but the numbers are actually down.

Fireworks explode over the Maracana Stadium during the opening ceremony of the Rio 2016 Olympic Games in Brazil.

Chris McGrath/Getty Images

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Jumbo mortgages bigger piece of the housing pie

by Mitchell Hartman

Aug 10, 2016

Jumbo mortgages constitute a growing share of mortgage lending by big banks, which may disadvantage people of color in the housing market.

A bicyclist rides by a row of homes in San Francisco, California.

Justin Sullivan/Getty Images

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Cellphone giants are sued for discounting 911 calls

by Sally Herships

Aug 10, 2016

A lawsuit claims cellphone discounts have left 911 call centers out of pocket.

AT&T says that the 911 call-related claims about the company are "baseless."

Justin Sullivan/Getty Images

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Mid-day Update

How did companies do this earnings season?

by David Brancaccio

Aug 10, 2016

Earnings season, lawsuits against telecom companies, and the rise of jumbo mortgages.

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On today’s show, we’ll talk about complaints over the amount of ads during the Olympics; look back at China’s decision to devalue the yuan last year; and explore why many areas are reluctant to purchase flood insurance.