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Marketplace Morning Report
  • President Biden and House Speaker Kevin McCarthy announced this weekend that they had struck an agreement on raising the nation’s debt ceiling in exchange for spending cuts over the next two years. We look at what’s in the joint proposal, and why its passage in Congress may involve wrangling the votes of holdout legislators. Plus, one factor that’s contributing to rising rents and house prices are demographic trends, including more people living alone. And, a look at how Disney’s “The Little Mermaid” film is boosting businesses that make “real” mermaid tails.
  • It’s Memorial Day, which means lots and lots of people across the country are on the move in their cars and campers. But even as the holiday travel season is expected to break records, sales of new RVs are not following suit. Plus, Turkish President Erdogan has won a second term in office following a runoff election on Sunday. And finally, we talk with the BBC’s Will Bain about what the CEO of Binance, one of the major crypto trading firms, had to say about the future of regulation in the digital currency space.