David Brancaccio

Stock market, the Dow is down 211 points, four-tenths percent.

The S&P is down three-tenths percent.

The Nasdaq is down five-tenths of a percent.

Crude oil is up more than two percent now, 66.50 in New York.

This with the biggest U.S.

buildup of air power in the Middle East since the Gulf War, as U.S.-Iran nuclear talks continue.

Union membership in America rose last year to slightly, but any increase is newsworthy.

This even as the Trump administration was firing unionized federal workers and curbing the federal agency for protecting the rights of people to organize and join unions.

Marketplace's Nancy Marshall Genzer has more.

Nancy's near Washington.

I'm in Los Angeles.

This is the Marketplace Morning Report.

From APM American Public Media.

These new prediction markets get some federal attention.

I'm David Brancaccio in Los Angeles.

A major fight is brewing over who has the right to regulate prediction markets like calci and polymarket.

This is a new flavor of betting.

The Trump administration asserts it is not states but the feds in charge.

Let's bring in Marketplace's Nancy Marshall-Genzer.

OK, but states have their argument.