David Brancaccio
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And then, of course, construction costs.
That's not going down.
Jenny Schutz leads the infrastructure portfolio for housing at the Philanthropy Arnold Ventures.
Thank you for the briefing.
Thanks, David.
President Trump goes to Iowa today to talk about ways to address the high cost of living.
There have been numerous presidential presentations with this kind of advanced billing.
And the question is, will the president keep that focus once at the podium?
Iowa's economy is rooted in farming, which has been in a tough spot given Trump tariffs, which hit Iowa's soybean farmers hard when China retaliated for many months.
China is buying again, and the administration has a $12 billion aid package for farmers.
Now, last year, there were the most farm bankruptcies in Iowa in the last five years.
In Los Angeles, I'm David Brancaccio.
This is the Marketplace Morning Report.
We're from APM American Public Media.
Health insurance companies wake up today with a headache.
I'm David Brancaccio in Los Angeles.
Stock in the health insurance company Humana is down 15% in pre-market trading right now.
Elevance, which does Blue Cross Blue Shield, down more than 7%.
The staffer reports the government plans to give them just a small raise for privatized Medicare Advantage plans.
Marketplace's Nancy Marshall-Genzer explains.