Marketplace Morning Report

The big Republican tax and spending law that President Donald Trump signed a little more than a year ago made significant cuts to Medicaid funding. States scrambling to make up for that deficit are now pulling back on some home health services. Today, we'll get into the promises codified by the Americans with Disabilities Act, how Medicaid cuts threaten those promises, and what it means for folks with disabilities and the elderly. Plus, what the Fed's rate hike means for everyday borrowing costs.

Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.

Marketplace Morning Report is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.

Stories featured in this episode:

What Medicaid cuts mean for those who rely on home healthcare

One of the fastest-rising prices last month was airline fares. They were up 23% year over year in August, according to the latest reading of the consumer price index, and they’ve been climbing steadily all year. Thing is, demand hasn't slowed, though. We dig in. Also on the show: the higher prices driving the Fed's push for higher interest rates and how Medicaid cuts are starting to show up in state budgets and people's lives.

Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.

Marketplace Morning Report is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.

Stories featured in this episode:

Airline fares rose 23% in August but demand has not slowed down
What Medicaid cuts mean for those who rely on home healthcare

The average price of a gallon of diesel just passed $6 for the first time late last week. Since then, it’s kept climbing and hit $6.31 a gallon this morning. A year ago, it was well under $4. That, of course, has implications for all sorts of other prices across the economy, too — particularly at the grocery store. We explain. Plus, what will a "quieter" Federal Reserve do about persistent inflation?

Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.

Marketplace Morning Report is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.

Stories covered in this episode:

It's only a matter of time before rising diesel prices show up in the grocery aisle

Later today, we’ll learn whether Federal Reserve officials have decided to raise interest rates or leave them alone. Either way, economists and investors will be looking for an explanation from Fed Chair Kevin Warsh and some hints about what comes next. Then, a sprawling copyright lawsuit over reggaeton's defining rhythm, which has targeted Bad Bunny, Karol G, Daddy Yankee, and hundreds of other artists, was hit with a major setback in court earlier this month.

Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.

Marketplace Morning Report is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.

The yield or interest rate on 10-year Treasury bonds has reached the critical threshold of 5%. This is a key rate because it’s tied to some major borrowing costs for consumers. This morning, we have more on why bond yields are rising and how they could affect you. Also on the show: how rate hikes actually work to bring inflation down, and we continue our earlier conversation about the rise of so-called "Main Street millionaires."

Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.

Marketplace Morning Report is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.

Stories featured in this episode:

So much of America's wealth is really held by "Everywhere Millionaires"