Category: 4-FrequentNewsStreams

Thursday, May 8, the papal conclave chose Robert Prevost to be the next head of the Roman Catholic Church. He was born and raised in the Chicago area and is the first American pontiff. Reset gets local reaction to the announcement from Bob Herguth, Chicago Sun-Times investigative reporter, Father Michael Trail, St. Thomas the Apostle parish in Hyde Park Mary FioRito, attorney, former top aide to Cardinal George, the late predecessor to Cardinal Blase Cupich, the Archbishop of Chicago. For a full archive of Reset interviews, head over to wbez.org/reset.

Following Trump’s so-called “Liberation Day” tariffs, the United States has now struck a trade deal (sorta) with the United Kingdom. We’ll get into it. Plus, childcare costs a lot – and in some places, more than rent. Then, we’ll smile at the unexpected joy of “swole culture.” And what if, instead of sports metaphors, we used makeup lingo at work?

Here’s everything we talked about today:

• “Trump unveils United Kingdom trade deal, first since 'reciprocal' tariff pause” by CNBC
• “U.S., Britain strike first major trade deal of Trump tariff era” by Axios
• “Sending 2 Kids to Daycare Costs More Than Rent in Most Major U.S. Metros” from Redfin
• “Head Start avoids Trump’s cuts, but advocates are ready to defend it: ‘There’s too much good in this’” by The Guardian
• LISTEN: “Will you be my nanny?” from “This Is Uncomfortable” 
• “Life of the Mother” by ProPublica
• “Finding Strength in a Bigger Body” from The Cut
• “How one writer quit dieting and discovered her strength through weightlifting” by NPR

Join us tomorrow for “Economics on Tap.” The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.

After decades of trying to make it as an actor and comedian in Hollywood, Claudette Powell felt deeply unfulfilled. So she set her sights on a radically different life -- one that required her to pay off nearly $150,000 of debt. When she finally wrote that last check, she took a vow of poverty and entered a convent. 

But leaving behind her material life wasn’t as simple as it sounded. This week: how paying off debt was only the beginning – and how money still finds a way to complicate life within convent walls.

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UnitedHealthcare is facing a lawsuit claiming it defrauded shareholders — by denying fewer claims but not warning ahead of time that its profits would decline. The nation’s largest health insurer has been under heightened scrutiny following the killing of its then-CEO in New York late last year. And later: President Donald Trump is expected to announce a trade deal with Britain, and consumer advocate Ralph Nader reflects on the drawbacks of going cashless.

The "Marketplace Morning Report" team is cooking this morning. First, we hear from the CEO and founder of Beyond Good, a company known for its artisanal Madagascar vanilla and chocolate, about how tariffs are stirring up business. We also discover how import duties are riling the U.S. blueberry industry, which has a close relationship with processors and packagers in Canada. But first: why home prices and sizes are going down in some metro areas.

From the BBC World Service: President Donald Trump is expected to announce a deal on tariffs with Britain later today. The agreement would be the first since sweeping tariffs were unveiled for dozens of America's trading partners. Plus, remember when a fire near London's Heathrow Airport threw worldwide air travel into chaos a few weeks back? Officials still don't know the cause. And, China is experiencing a shortage of qualified cosmetic surgery practitioners and clinics.

Reset talks with early childhood education advocates about Head Start’s uncertain future. The panel includes Pamela Epley, Vice President of Academic Affairs at the Erikson Institute and Nadia Gronkowski, Program Manager of Advocacy & Policy at Start Early. For a full archive of Reset interviews, head over to wbez.org/reset.

Vibe coding is having a moment.

The buzzy new phrase was coined earlier this year by OpenAI co-founder Andrej Karpathy to describe his process of programming by prompting AI. It's been embraced by tech professionals and amateurs alike.

Google, Microsoft and Apple have or are developing their own AI-assisted coding platforms while vibe coding startups like Cursor are raking in funding.

Marketplace’s Meghan McCarty Carino recently spoke with Clarence Huang, vice president of technology at the financial software company Intuit and an early adopter of vibe coding, about how the practice has changed how he approaches building software.

More on this

“What is vibe coding, exactly?” - from MIT Technology Review

“New ‘Slopsquatting’ Threat Emerges from AI-Generated Code Hallucinations” - from HackRead

“Three-minute explainer on… slopsquatting” - from Raconteur

As tariff pressures mount, China’s vice president and other leaders have agreed to meet with top U.S. officials. If history is any guide, substantial change to the tense trade relationship between the two countries will take time. So what’s urgent enough to discuss this week? Plus, some big companies issue more Eurobonds, small businesses tread lightly when discussing the trade war and “Marketplace” host Kai Ryssdal explains the latest Fed decision.

 

Lawndale Christian Legal Center ran a pilot program in 2015 that provided wraparound services including stable housing, a car to get to work and mental health services to men ages 18 to 26 who were on probation. This not only kept them out of prison but helped break the cycle of recidivism. This program has now expanded, and 20 men will have a chance to live in an apartment and participate in a residential workforce development program at LCLC’s new headquarters at the Deer Center. Reset learns more about the impact of this program from participant Frederick Dennis and founder and CEO of Lawndale Christian Legal Center Cliff Nellis. For a full archive of Reset interviews, head over to wbez.org/reset.