APM: Marketplace Mid-Day Update

Consumer prices didn't undergo any changes from May to June, according to the Labor Department's Consumer Price Index. Meanwhile, core prices — excluding volatile food and energy — were up from the same time last year. Amid the news, Christopher Low — chief economist at FTN Financial — joined us to talk about what the Fed might have planned for future interest rate increases. Afterwards, we'll look at how leadership changes at the FBI affect work their the ground.

Appearing before the House yesterday, Federal Reserve Chair Janet Yellen said that the Fed could slow down interest rate increases — and the markets seemed to like what she said. Jay Brayson, managing director and global economist at Wells Fargo, stopped by to talk about what we should expect from her testimony today, along with current inflation rates. Afterwards, we'll discuss why the National Defense Authorization Act is one of the most popular bills in Congress, and then look at Amazon's decision to ramp up its lending business.

With Fed Janet Yellen's term set to expire next year, we'll take a look at who Trump might nominate to replace her. Rumors are swirling that Gary Cohn, Trump's top economic adviser, will nab the role. However, that could end up changing his role in the tax-strategy plans going on within the administration. Afterwards, we'll look at why paper coupons are experiencing a resurgence.

The Trump administration has selected Randal Quarles, a former Treasury official, to be the Fed's vice chairman for bank supervision. On today's show, we'll talk about what the position entails and why it's such a significant one. Afterwards, we'll discuss the resources it takes to combat California's wildfires, and then look at an increase in "financial wellness" programs offered by companies to their employees.

With Republicans trying to reach a deal that would replace the Affordable Care Act, we'll take a look at how much Wall Street cares about the health care rumble going on in Washington. Afterwards, we'll discuss the psychology behind Amazon Prime Day, and then talk about concerns the LGBTQ community has about the Census Bureau's decision not to ask questions related to gender identity or sexual orientation in its upcoming surveys.

A stronger-than-expected jobs report is boosting the markets today. Last month, the U.S. economy added 222,000 jobs — a figure that beat experts' predictions. But not everything was positive. Christopher Low, chief economist at FTN Financial, joined us to talk about key highlights from the report. Afterwards, we'll discuss news that Tesla has won a contract to build the world's largest lithium ion battery, a tool that will provide backup power in South Australia. Then we'll cap off the show by looking at Walmart's prepaid debit cards, which are tied to a prize-linking savings service.

As the Bureau of Labor Statistics gets prepared to release the June jobs report tomorrow morning, we'll talk about how the private sector is doing. The payroll processor ADP says that employers added 158,000 jobs for the month — a figure lower than expectations. Afterwards, we'll discuss what goes into a U.S. bank's "living will," a plan that lays out how it would unwind in the event of another financial crisis, and then look at some of the challenges that the commercial auto insurance industry is facing.

Elon Musk has some new competition. Volvo has announced that all of the models it launches after 2019 will have some form of electric motor. On today's show, we'll talk about what its new vehicles will look like and how Tesla might be reacting to the news. Afterwards, we'll discuss what we might expect to see from the Fed's latest meeting minutes, and then look at Oregon's new "Fair Work Week" law, which will require certain businesses to give workers a week's notice about their job schedules.

President Donald Trump will go on a multi-country trip this week to Europe, where he'll discuss the global economy and trade with the world's leading 20 economies. But with the U.S. and countries like Germany seemingly at odds when it comes to protectionism, we'll discuss just how contentious these meetings might be. Next, we'll talk about the growing market for physical storage spaces, and then look at whether Georgia's music industry can succeed as the state's public schools reduce its music classes.

A big financial change is happening in China today — foreign investors now have access to the country's $9 trillion bond market. On today's show, we'll discuss why China had the market closed off to these investors and why it's decided to open it up. Afterwards, we'll find out why there's been a decline in the demand for new cars, and then look at the growing industry for tourism on tribal land.