Trump Administration’s shuttering of the Federal Economic Statistics Advisory Committee, which brought outside expertise to government economic statistics, has raised eyebrows among economists about potential impacts on independent policymaking. Claudia Sahm, Chief Economist at New Century Advisors, speaks with Marketplace’s David Brancaccio about what the administration’s moves could mean. And, a new report says that wages for low-income workers have risen rapidly in recent years — but that may not tell the whole story ..read more

From the BBC World Service: Chinese electric vehicle maker BYD has passed $100bn in annual revenue for the first time, putting Elon Musk’s Tesla in second place. Also, a visit to Europe’s biggest construction site in the south of Denmark: a $7.5bn tunnel being built under the Baltic Sea to Germany ..read more

The mood of stock investors turned more upbeat today after The Wall Street Journal and Bloomberg News reported that some industries won’t get hit with import taxes next week, as previously advertised by President Donald Trump. Among industries where tariffs might be deferred are cars, trucks and microchips. We’ll discuss. Plus: a lawsuit involving weedkiller Roundup (and a promised appeal) and attempts by Mexico to crack down on smuggled Chinese goods ..read more

The Trump administration’s budget-cutting efforts are having a big impact on research universities, even as those efforts face legal challenges. When it comes to medical research, universities often plan years in advance. We’ll hear what uncertainty in funding means for one Duke University research lab. But first: Genetic testing company 23andMe has filed for bankruptcy, and DoorDash is partnering with Klarna to offer buy now, pay later plans for food orders ..read more

From the BBC World Service: Turkish President Recep Tayyip Erdoğan’s main political rival — Ekrem İmamoğlu, the mayor of Istanbul — was due to be named as a nominee for the 2028 presidential election. Now, tens of thousands are protesting his detention on corruption charges as Turkey’s economic struggles continue. We’ll learn more about the situation. Also: Could tariffs under U.S. President Donald Trump provide an opportunity for Chile’s salmon farmers ..read more

In our final “Tricks of the Trade” installment at Rodeo Houston, we chat with two rodeo clowns. They may dress and act funny, but they take their jobs seriously. Also known as barrelmen, rodeo clowns protect bull riders when they fall. Plus, air travel worldwide continues to be affected by the closure of London’s Heathrow Airport. And, copper — it’s not just for drinking mint cocktails. Yet a copper economic indicator is now muddled ..read more

Today, as part of our “Tricks of the Trade” series, we’re at the Houston Livestock Show and Rodeo, where students put goats and lambs up for sale to the highest bidder. Here, livestock auctions generate a pile of philanthropic money for a Texas scholarship fund, and the bids go up and up and up. But first: Air travel is in a snarl today with a power outage at London’s Heathrow Airport ..read more

From the BBC World Service: London’s Heathrow Airport will be closed Friday following a power outage; more than 1,300 flights face cancellation. The outage was caused by a fire at a nearby electrical substation that supplies the airport’s power. The disruption could last for days. Then, some scam texts are sent by people held against their will at scam centers in Myanmar and East Asia. A woman freed from one recounts her story ..read more

This week, thousands of wholesale seafood producers and buyers from around the world gathered in Boston for the Seafood Expo North America. One of the key things on the minds of seafood merchants? Tariffs and navigating the waves of uncertainty in global trade. Plus, we now have a better idea of how Federal Reserve officials think President Trump’s tariffs will affect the economy, and we do the numbers on happiness rankings ..read more

Today, as part of our ongoing “Tricks of the Trade” series, “Marketplace Morning Report” host David Brancaccio hears tips from the next generation of ag industry leaders at the Houston Livestock Show. There, he receives pointers on showing cattle, learns about livestock as an investment business and even meets some friendly podcasting competition. But first: The breakfast cereal indicator shows that consumers are careful and concerned about spending on basics ..read more