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 t...
It’s time to write the obituary for a star of the fast fashion world: Retailer Forever 21 declared bankruptcy this week, blaming competition from online, foreign fast fashion companies like Temu and Shein. We’ll hear more. Also on the program: Chinese EV maker claims to have developed a superfast charging system from BYD and sales at restaurants and bars dipped last month as consumers pull back on discretionary spending.
--------
8:56
A business reporter goes to the rodeo
Today, as part of our ongoing “Tricks of the Trades” series, Marketplace’s David Brancaccio heads to the Houston Livestock Show and Rodeo. With a mic in hand and a Stetson on head, Brancaccio gleans lessons on labor, trade policy and bang for your buck from the businesspeople who dish up Texas-sized portions of food to nearly 2.5 million rodeo attendees. Also, the Federal Reserve is poised to have a new chief bank regulator.
--------
9:46
Is one of India’s biggest EV makers losing its spark?
From the BBC World Service: Shares of Ola Electric hit a record low following allegations that the company has defaulted on payments. Meanwhile, China’s BYD says it’s unveiling ultra-fast EV chargers, and Audi is cutting 8% of its global workforce. Plus, Germany’s parliament is voting on whether to rewrite its debt rules. And later, a Peruvian farmer is taking a German energy giant to court.
--------
8:02
“We’re proceeding with maximum speed, with minimum visibility”
The S&P 500 index briefly went into correction territory last week. Investors are concerned about the Trump administration’s economic policies, but Treasury Secretary Scott Bessent argues that corrections are “healthy.” But is this a healthy correction-to-be? We’ll hear more from Julia Coronado, president and founder of MacroPolicy Perspectives. Also on the program: why investors are turning to gold and how Nissan’s self-driving technology is navigating Britain’s twisty, medieval roads.
--------
9:37
From “just-in-time” to “just-in-case” logistics
For decades, importers and exporters have leaned into what’s called “just-in-time” logistics — only order what you need only when you need it. But the ongoing trade war has upended that model, forcing businesses to stock up in case tariffs make the global supply chain increasingly unpredictable. Plus, companies offering child care may have a leg up over the competition. What are some of the benefits and drawbacks?
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.