The Senate is working through the massive tax and spending bill. The House has passed its version, but the two plans still have to be reconciled. Today, we'll dig into what the legislation could mean for your own personal tax bill and the national deficit. Also on the show: Inflation remains tame despite pricier shipping rates, and booming sales of the Nintendo Switch 2 bode well for the gaming industry.
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8:20
Solidarity between labor unions and immigrant communities
Many labor unions were once wary of immigrants, viewing them as low-cost competitors for union jobs. Now, changing demographics and common interests have resulted in unions playing a more prominent role in immigrant workforces and communities. We'll hear more. Plus, a bill before the House would claw back more than $9 billion in funding, and a United Nations report shows nearly 138 million children are working worldwide.
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7:00
In Houston, a look at local disaster response
Hurricane season starts in two and a half weeks. Last year, hurricanes caused $124 billion in damage. This year, the Trump administration is making cuts to the Federal Emergency Management Agency. Today, we head to Houston to hear how community "hub houses" offer support during disasters. Plus, the U.S and China appear back on track toward a trade truce and Trump administration policies are causing chaos for rural solar businesses.
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9:29
A summer of fewer jobs for teens
A summertime gig can be a rite of passage for many, and summer hiring of teenagers crests right about now. Seasonal jobs may be harder to find this year though amid tariffs, travel restrictions and general economic uncertainty. And when teens don't find a summer job, there can be long-term consequences. Also on the show: the Forest Service is down firefighters ahead of wildfire season and a look at what's next for cooling U.S.-China trade relations.
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7:05
Has there been a trade war thaw?
From the BBC World Service: The U.S. and China say that, during talks in London, they’ve sketched out a framework to dial down their trade fight after slapping big tariffs on each other. But those trade tensions aren’t doing the global economy any favors; the World Bank has slashed its global growth forecast. And later, we hear how a tea plantation in India is fighting climate change with rock dust.
In less than 10 minutes, we'll get you up to speed on all the news you missed overnight. Throughout the morning, Marketplace's David Brancaccio will bring you the latest business and economic stories you need to know to start your day. And before U.S. markets open, you'll get a global markets update from the BBC World Service in London.
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