Mid-day Update

Authorities are working to identify who developed a computer worm that's locking up data around the world and holding it for ransom. We'll discuss how India specifically is coping with the cyberattack, and then hear from a Microsoft regional director about the effectiveness of its patch software: Plus: a look at the future of France and Germany's relationship following Emmanuel Macron's presidential victory.

The U.S. and China have reached a deal to lower some of the barriers to trade between the countries. We'll take a look at what each country stands to gain from looser restrictions. Next, we'll explore Yale University's new guide on how to put economies back together, and then talk about how outlets are exploring a new business model that will include full-price stores.

Whole Foods is facing a shake-up. The company has announced it's going to replace about of of its board of directors amid declining sales. We'll take a look at why the grocery chain is facing this slump and who's set to join the company. Afterwards, we'll discuss the future of trade between Mexico and the U.S., and then talk with the American Civil Liberties Union about its push to have greater workplace protections for LGBT people.

President Trump's ouster of FBI Director James Comey could have big economic implications. We'll explore the obstacles the firing could have on budget negotiations; policies involving big money, like tax reform; and the markets.

For the first time, most American households have mobile phones but no landlines. Turns out, though, that landline systems still have their benefits. We'll talk about the trade-off that comes with this shift in consumer behavior. Later on today's show, we'll also explore why investors seem to be so calm right now based on VIX levels, and then look at one global tech competition that's encouraging girls to create their own apps.

Even though the pro-EU candidate Emmanuel Macron snagged the French presidency, he could face some resistance from other political groups in Parliament. The BBC's Gavin Lee stopped by to discuss Macron's background and some of the hurdles that lie ahead for him. Afterwards, we'll look at KKR's possible purchase of Toshiba's memory chip business and then discuss whether business groups have too much influence at Germany's climate talks.

The April jobs report is out, revealing the U.S. economy added 211,000 jobs to payrolls and that the unemployment rate dipped to 4.4 percent — the lowest level in a decade. FTN Financial's chief economist Chris Low explains why that unemployment figure is going to be ringing alarm bells at the Fed. Afterwards, we'll look at the potential ramifications of the GOP's health care replacement bill, and then discuss movie theaters' attempts to appeal to younger audiences.

A couple of factors that may negatively affect the April jobs report: retail-store shuttering and a slowdown in health care hiring. But Diane Swonk from DS Economics argues the economy may actually be chugging along fine, in part due to this simple metric: how our service is behind the counter. Next, we'll look at the details behind a White House executive order on religion that President Trump is expected to sign today. According to the order, tax-exempt religious groups may have more freedom to participate in politics. And finally, we'll talk about the internship market for college students and then examine the asset management industry's problem with diversity.

President Trump has his cabinet confirmed, but many key financial regulators are from the Obama administration. We'll look at who could get replaced and how fintech could become the next big issue regulators will keep their eyes on. Afterwards, we'll check out the latest private sector data on jobs and whether expectations were met. Finally, we'll discuss the closure of Lovesick, a spin-off of Torrid aimed at plus-size women and teens.

With a weak GDP report last month and a "meh" April jobs report, how will the U.S. economy end up faring in the second quarter? David Kelley, chief global strategist at JPMorgan Funds, gives us his optimistic take on what's in store. Afterward, we'll talk about the decision from Angie's List to be purchased by an outfit called IAC, and then explore a new effort to incorporate liberal arts courses into business programs.