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...
This week, Fitch Ratings found that 6.5% of subprime borrowers were at least two months late on their car payments. That’s the highest level since the agency began collecting this data in 1994. Other data finds that auto loan delinquency rates increased in 2024 across all income levels. What’s behind all this? Plus, tariffs already being felt across the economy. And later, a vintage race car mechanic reflects on the sights, sounds and feelings of racing.
--------
9:15
Nondairy milk drinkers rejoice!
This week, Dunkin’ dropped its surcharges on drinks with nondairy milk. Starbucks did the same late last year, as have some indie coffee shops. Today, we look at how the popularity of nondairy milks is changing how restaurants set prices. But first, we unpack the chaos of recent tariffs, including how they affect a free trade agreement between the U.S., Canada and Mexico, and how trade policy uncertainty is impacting agricultural exporters.
--------
7:07
China’s economy stalls
From the BBC’s World Service: The world’s second-largest economy is struggling. The latest trade figures show that imports into China fell by more than 8% in January and February, compared to the same period last year. Then, following an emergency summit of European Union leaders, the bloc says it’s approved a plan that could allow for up to $870 billion in additional defense spending. Plus: a look at the instant noodles market in India.
--------
7:41
The budget cut math is looking tricky for Republicans
New Congressional Budget Office calculations suggest a difficult path ahead for Republicans as they seek to find billions in budget cuts. The figures show Republicans are unlikely to meet their cost-cutting goals without finding savings in health insurance programs that serve about 80 million low-income Americans and children. We’ll discuss. And later, we’ll parse out the current state of the job market and talk about the relationship between kids, social media and AI.
--------
8:33
When boycotts go your way
After the stock market closes today, Costco will release its latest quarterly earnings. While some retailers have backed away from commitments related to diversity, equity and inclusion, Costco has very publicly dug in. Will that affect the bottom line? Plus, Europe is going to be spending a lot more on defense. And later, we’ll get a preview of what the first jobs report under a new Trump presidency might look like.
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.
México