National/International

The United States Supreme Court handed down several rulings today — one in particular has a pretty good chance of affecting you. The court said today that employers can indeed force employees into individual arbitration to resolve workplace disputes. Specifically, arbitration agreements that bar employees from participating in class-action lawsuits. Workers’ rights group say the ruling is detrimental.

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For scrap brokers, the trade war is not "on hold"

9 hours ago

Over the weekend, Treasury Secretary Steven Mnuchin said the prospect of a U.S.-China trade war was “on hold” for now. There’s been a lot of trade headlines lately, but one slice of the Sino-American trading relationship that hasn’t gotten a lot of attention is the multibillion-dollar U.S.-China scrap trade. Earlier this month, the Chinese government suspended the North American branch of the China Certification and Inspection Group North America, which inspects all the shredded steel, corrugated cardboard, beverage containers and other scrap that the U.S.

Congress weighs changes to foreign investment oversight

10 hours ago

In 1975, President Gerald Ford created a committee to oversee foreign investment in the United States. His executive order was prompted, in part, by significant inflows of oil money from places like Saudi Arabia and Iran to buy U.S. companies, said Matthew Baltz, a professor at Bucknell University.

But for its first decade, the Committee on Foreign Investment in the United States, known as CFIUS, didn’t have much bite.

How Theranos, a Silicon Valley star, came tumbling down

10 hours ago

In October 2015, an investigative reporter for The Wall Street Journal named John Carreyrou stumbled across a pretty amazing story. The technology behind the much lauded biotech startup, Theranos ... well it didn't work, at least not in the way its founder, Stanford drop out Elizabeth Holmes, had said it did.

U.S. pauses China tariffs but deal has its shortcomings

11 hours ago

The reason the United States is pausing tariffs on China for now appears to be a promise from China that it will increase its imports from the U.S. — primarily agricultural and energy products. That would presumably help — at least in the short term — to reduce the U.S. trade deficit with China, which was $385 billion in 2016 according to the U.S. Trade Representative. And that would be a good thing, right? 

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The trade war is on hold — for now

12 hours ago

After two days of trade talks in Washington and a high-level trip earlier this month, China and the United States have announced a truce in the simmering trade war, with U.S.-imposed tariffs on hold. We'll spend some time a the top of today's show recapping how we got here, what's settled and what's not. Then: We'll talk to the reporter who wrote the book on the failed blood-testing startup Theranos and the "scorched earth" tactics it took to cover up fraud.

Uber is changing how it deals with sexual harassment and assault claims. Employees, drivers and riders will no longer be forced into arbitration, a process that critics say often favors corporations. The decision comes after survivors of alleged assault by Uber drivers pushed the company to let their cases go to court. Rival Lyft quickly scrapped its binding arbitration agreements, too. And both companies said they will no longer require that settlements of misconduct claims be kept confidential. The changes are part of Uber’s campaign to restore public trust.

Have you used a genetic testing service to take a peek into your ancestral background? One of those direct-to-consumer products that tells you about your family's history and health? A service like 23andMe, Ancestry or National Geographic's ancestry test?

If so, we want to hear your story.

Marketplace is working on upcoming coverage related to how genetic testing plays out for people of color.

So, you're graduating into a financial crisis ...

16 hours ago

Back in 2009 and 2010, college students were graduating into the worst economy since the Great Depression. Unemployment had risen from 5 percent in December 2007 to 9.5 percent in June 2009, when the recession technically ended, and was 9.6 percent for 2010. So what do you say to students facing a labor market full of cutbacks and uncertainty?

In a message, which took to church not only those in attendance at the royal wedding of Britain's Prince Harry, 33, and American actress Meghan Markle, 36, on Saturday — but millions watching from across the world — Bishop Michael Bruce Curry preached on the "redemptive power of love."

Curry, the first African-American presiding bishop of the American Episcopal Church encouraged all receiving his message to discover the power of love to make of "this old world a new world."

The U.K.’s National Health Service provides free, universal healthcare to U.K. residents.

Communities are creating their own solutions to food deserts

20 hours ago

Kroger say it’s closing about 40 stores nationwide. Many are in neighborhoods the U.S. Department of Agriculture already calls food deserts. That’s a place where food is hard to get, either because it’s too  far away or it’s not affordable. Kroger says the closed stores weren’t making money. As communities that used to depend on their local Kroger supermarket look for a solution, local activists in Dayton, Ohio, are working to open a cooperative grocery store to replace the Kroger that closed. 

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Here’s why U.S. small businesses don’t export more

20 hours ago

The Commerce Department kicks off World Trade Week on Monday. It’s honoring 43 U.S. exporters. Thirty-three of them are small- or mid-sized businesses. But as it turns out, small businesses could be exporting more.

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Playing good cop/bad cop with China

20 hours ago

(U.S. Edition) So are the U.S. tariffs on China on or off? That'll depend on which Trump administration official you listen to. Treasury Secretary Steven Mnuchin says a trade war between the U.S. and China is now "on hold," but the country's top trade official, Robert Lighthizer, says Chinese tariffs remain an important tool. On today's show, we'll look at what came out of the latest round of trade talks between the two countries. Afterwards, we'll discuss how changes in Britain's universal health care policies will affect undocumented, pregnant women.

(Global Edition) From the BBC World Service …Venezuela’s socialist economy is under massive strain with inflation running at 13,000 percent. So how will the country’s leader deal with these challenges, along with increasing pressure from other nations to fix its problems? Then, religion is a big business in Zimbabwe – we’ll take you there to meet a prophet who knows just how lucrative preaching can be. (05/21/2018)

It was a royal event like no other: People, royal invitees and journalists from around the world have gathered in what it is not only a British and American affair, but a global one. Interests and love transcends all borders and this union is the best representation of it.

We will be updating this album throughout the day. Here some of the most precious moments:

Missed the festivities? Not to worry. With the assistance of English breakfast tea and freshly made cucumber sandwiches, we live-blogged the royal wedding ceremony from this page.

Updated at 9:01 a.m. ET

According to Kensington Palace, Queen Elizabeth II will give a lunchtime reception for 600 guests at St. George's Hall in Windsor Castle on Saturday. The wedding cake, along with a selection of canapés and "bowl food," will be served.

It’s tough to be in the processed food business these days. The abrupt departure of the Campbell’s CEO after a bad quarterly earnings report highlights how difficult it is for these companies to shift their identities, with consumers seeking foods they consider healthier. How are processed food companies responding?

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There’s been a little bit of confusion these past couple days on how trade talks with China are going. U.S. officials told CNN that China had offered to bump up purchases of American goods by $200 billion. Chinese officials said that's not true. The Trump administration believes that the trade deficit with China could be brought down if China were to buy that much more worth of American goods. It’s something the president is focused on even though most economists say he shouldn't be. 

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What happens when three big companies invest in an apology? Facebook, Uber and Wells Fargo have launched apology campaigns in the past several weeks. They’re all trying to regain the trust of their customers for scandals that have included data hacking, sexual harassment, and overcharging. But is an "I’m Sorry" ad effective?

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Given his history using offensive language, it has become hard for President Donald Trump to make headlines simply for what he said. Yet on Wednesday, he did just that by referring to a group of immigrants as “animals” during a roundtable discussion about immigration policy in California.

“These aren't people,” Trump said on record. “These are animals and we're taking them out of the country at a level at a rate that's never happened before. And because of the weak laws, they come in fast. We get 'em. We release 'em. We get 'em again. We bring them out. It's crazy.”

So, what's going on with trade again?

May 18, 2018

We're talking NAFTA. We're also talking tariffs. And China. And trade deficits. Leigh Gallagher from Fortune Magazine and Dion Rabouin from Yahoo Finance join us for the Weekly Wrap to talk about the unforeseen consequences of U.S. trade policy and the latest on the 10-year Treasury note. Also on today's show, we get into the Trump administration's attempt to get China to buy more goods from the United States. Trump wants to lower the trade deficit with Beijing, but is buying more American goods going to solve the problem? We also take a look at apology ads.

Recommended reading for recent college grads

May 18, 2018

(Markets Edition) The Trump administration plans to propose a new rule that would bar abortions at facilities that receive federal family planning funds. On today's show, we'll look at what this could mean for organizations like Planned Parenthood. Afterwards, amid news that the U.S. benchmark interest rate eased back a bit this morning, we'll discuss whether this is cause for alarm. And then to cap off today's show, we'll talk about the best personal finance books for recent college graduates. (05/18/2018)

Globalization has been touted as this inevitable, unstoppable force. But as the U.S., China and other major economies flex their muscles over trade, is this assumption all wrong?America has a long history of global trade and a varied one. Our economy has swung widely from protecting our very first industries with subsidies and imports to brokering global deals that open borders and lift trade barriers. It's not pure economics that dictates our trade relationships; it's politics and social context, too. Who’s gained from open borders and who's lost?

Updated at 10:45 p.m. ET

At least 10 people were killed when a gunman opened fire inside a small-town Texas high school, in what Gov. Greg Abbott called "probably the worst disaster ever to strike this community."

Ten others were wounded in the morning attack at Santa Fe High School.

A new survey out this morning of mobility in the American workforce finds that one in four job applicants would move to a new city for a new job, a higher salary or better career opportunities. The online employment site Glassdoor found that younger workers and men were more likely than others to relocate to a new metro area, especially those in software engineering, developers and data scientists. And where are they moving to?

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Land accounts for 80 percent of farm assets according to the Department of Agriculture. So farmers are using their land as collateral to face low commodity prices, but the amount of production that farmers need to service their debt is rising. 

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It's tough out there for farmers

May 18, 2018

(U.S. Edition) The U.S. and China are hard at it to work out a trade agreement. One potential idea floating around: a $200 billion trade surplus package from Beijing. We'll chat with a former Treasury Department official about how big this offer is in the grand scheme of things. Afterwards, we'll look at the financial troubles many farms in the U.S. are facing. Many are using their land as collateral against loans to keep operating. (05/18/2018)

China drops U.S. trade probe

May 18, 2018

(Global Edition) From the BBC World Service ... There are signs that the frosty trade relationship between the U.S. and China is thawing. Beijing has dropped a sanctions probe into American sorghum imports. But is this olive branch a sign that China will fulfill a promise to open its economy? We ask trade expert David Collins. Then, the bunting is out, the weather looks clear. Yes, it's finally here. Prince Harry will marry Meghan Markle this weekend at Windsor Castle. We speak to some of those involved in the celebrations.

The best personal finance books for recent college grads

May 18, 2018

If you’re getting your college grad a gift of money, you might want to include a book on how to put that present to good use. Financial planning might not be a priority — 70 percent of grads are finishing school with significant debt. But with U.S. employers adding an average of 200,000 jobs per month in 2018, your grad could be working — and doing some financial planning — soon.

Here are some personal finance books for grads recommended by Marketplace senior economics contributor Chris Farrell, keeping in mind economics and English majors alike.  

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