Congress’ historic housing bill still hasn’t been signed by President Donald Trump. There’s a lot in the bill, and changes may take years. Some of the provisions are meant to help rural America, where about a quarter of Americans live. We'll dig into some of the impacts. Then, language in the current U.S.-Iran peace deal could help Iran develop its own economy and become more integrated in the global economic system.

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Marketplace Morning Report is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.

Stories featured in this episode:

• Housing bill addresses longstanding challenges in rural areas
• Where do things stand with the Iran peace deal?

This morning, as part of our "What's that Like?" series, where we get firsthand accounts from people working unusual jobs, we hear from animal talent agent Dawn Wolfe. She's the owner of the agency Pawsitively Famous and has worked with dogs, cats, reptiles, and even tarantulas. But first, a week after a memorandum of understanding between the U.S. and Iran, are ships able to transit the Strait of Hormuz?

Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.

Marketplace Morning Report is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.

Stories from this episode:

• Where do things stand with the Iran peace deal?
• Behind the scenes with an animal talent agent

Core inflation rose to 3.4% in May, according to this morning's PCE report out from the Bureau of Economic Analysis. That's the highest since October 2023. Part of the rise is driven by service sector inflation, which should be more immune to shocks from tariffs and energy costs. We dig in. And later, now that Spirit Airlines has shut down, its bankruptcy estate is auctioning off its access to New York’s LaGuardia Airport.

Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.

Marketplace Morning Report is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.

Stories featured in this episode:

• Spirit to auction $80 million in takeoff and landing slots at LGA