Nashville bars step up to take on opioid overdoses
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Investing is risky. Robinhood Financial LLC member SIPC is a registered broker-dealer. Other fees may apply. We're watching money shifting in financial markets following Israel's attack on Iran's nuclear operations.

I'm David Brancaccio in Los Angeles with Israeli raids on Iranian military and nuclear research targets and Iran's attempts at retaliation. Money is flowing out of stocks. In early trading, the Dow is down 577 points, 1.4%. The S&P is down eight-tenths of a percent. The Nasdaq is down nine-tenths of a percent. Iran is the seventh largest oil producer in the world and crude is up seven and a half percent to $73 a barrel, the highest since January.

Normally during open hostilities, U.S. government bonds are seen as a safe haven and rise, but not this morning. Bonds are down, pushing, for instance, the 10-year interest rate higher to 4.39 percent for a number of reasons. Christopher Lowe is chief economist at FHN Financial in New York.

The first and most important is the budget. And obviously, there's a lot of sentiment in the bond market that the deficit and funding needs are already too big. Second thing is the fact that, you know, the U.S. is

a staunch ally of Israel. And so there might be worry about blowback risk. And then the third is the inflationary implications of one of the biggest oil producers in the world being involved in a military conflict.

One other thing is, if you're trying to do the math on whether the U.S. government will have to borrow more or less next year, you have to factor in the revenue that comes in from tariffs. But tariff policy, shall we say, is up in the air. Yeah, that's right. It puts calculating the budget on hold. It puts Fed policy, there's a meeting next week, on hold. It also makes the budget process more difficult because lawmakers don't know if that revenue will be there.

Christopher Lowe, Chief Economist, FHN Financial.

LGBTQ pride parades and festivals are set for this weekend in spots across the U.S., including Dallas, Boston, Indianapolis, and Sacramento. These could look a bit different this year after a broad pullback in corporate sponsorship as companies impose smaller diversity, equity, and inclusion budgets and react to political pressure from Republicans. Marketplace's Savannah Peters has more. This year, longtime corporate sponsors of Pride St. Louis committed historically low dollar amounts.

Or, in the case of beer company Anheuser-Busch, stepped away altogether. It simply was they didn't see value in the relationship anymore, and that's a quote. That's Pride St. Louis president Marty Zuniga. Anheuser-Busch didn't respond to a request for comment. Zuniga says Pride St. Louis is accounting for a $150,000 shortfall. We've been a free event for 45 years, and we are now charging $10 a ticket.

As corporate sponsors retreat, LGBTQ marketing expert Joanna Schwartz says pride organizers are leaning on their communities. Prides are becoming a little more homegrown. She says local fundraising can narrow but not close the corporate gap.

That's true for Seattle Pride. It shaved a $350,000 shortfall down to $120,000 with a grassroots campaign. President Ramon Myers says the community wanted stronger vetting of sponsors anyway. They wanted to make sure that the corporations that are partying with us really do care about us as human beings.

Myers says this year's event will be short a few bells and whistles, but in this anti-LGBTQ political environment, one line item organizers won't touch is security. I'm Savannah Peters for Marketplace.

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Robinhood Crypto is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. There's been a rise in drug overdoses among people who didn't think they were using opioids. Experts say this is in part because makers of street drugs sometimes add the opioid fentanyl into other drugs like narcotic cocaine.

a blending typically not disclosed to users. In Nashville, when overdoses rose among tourists who came to party, the city worked to get antidote drugs into downtown bars and music venues there, but some businesses were slow to participate. WLRN's Catherine Sweeney reports. Acme Feed and Seed is a hotspot for both locals and tourists within the entertainment district in Nashville.

Named for the old farm supply store that used to occupy the space, the venue fills up for country music performances, like this one. Lauren Morales is a co-owner. My parents started it in 1986 here in Nashville. I started as a

Pouring teas and lemonades, and now I'm running the company. Morales has seen Nashville change from a small town for aspiring musicians to a destination for bachelorette parties and boys' weekends.

And now it's a hotspot for opioid overdoses. Obviously, there is a link between partying and having fun and the potential for a mistake. She'd heard of a citywide initiative to provide Narcan and overdose response training for entertainment venues.

When we saw there was a way that we could safely participate in the solution, I mean, immediately we wanted to. Sergeant Mike Hotz oversees the police department's opioid unit, and he says the people overdosing in the district typically aren't addicted to opioids.

They think they're buying cocaine or other stimulants, but it's fentanyl, or laced with fentanyl. There are unscrupulous drug dealers selling powdered substances on the street. The city got a million-dollar donation of overdose kits from the charity arm of Gibson Guitars, but...

It was a slow start, Haught says. I'm not joking when I say this. I had 0% success. Business owners said they were afraid of getting sued for giving patrons a medication if something went wrong. The city's nightlife office helped convince businesses that having Narcan on site is the right move.

The city's nightlife director, yes, that's an actual job, says Nashville's reputation as a safe destination is important. Here's Benton McDonough. A lot of our revenue comes in from visitors and allows us to provide a lot of services that otherwise we would not be able to provide. Now, he says, there are nearly 100 overdose kits available in the entertainment district.

and about a dozen have been deployed to help save lives. In Nashville, I'm Catherine Sweeney for Marketplace. And in Los Angeles, I'm David Brancaccio. You're listening to the Marketplace Morning Report from APM American Public Media.

Kids, you have a lot of questions. Is a crocodile a dinosaur? Why do people vote? How does your food turn into your poop? But why? A podcast for curious kids has answers. I'm Jane Lindholm. Join me as we dig deep into everything from science to history, nature, emotions, and sometimes even the weird. Why are jellyfishes made of jelly or ice?

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