Marketplace

Weekdays from 6:30pm to 7pm
  • Hosted by Kai Ryssdal
  • Local Host Larkin Page Jacobs

Hosted by Kai Ryssdal, award-winning Marketplace is a daily magazine of business and economics.

Playlist

September 29, 2017

6:57 PM
Winners
Artist : Delicate Steve
Album : This is Steve
Composer : Steve Marion
Label : Anti/Epitaph

The cost of being a DACA recipient

Oct 13, 2017

This week President Donald Trump sent Congress a sweeping list of immigration demands, including the building of a border wall in exchange for an extension of the Deferred Action for Childhood Arrivals program. DACA, as it is known, was created to shield immigrants brought to the U.S. illegally as children from deportation. And it gives them work permits. But to be one of the 800,000 current DACA recipients, you've got to pay up, $495 to be exact. Marketplace Weekend spoke to Doris Meissner, senior fellow and director of the U.S.

Trump delivers another blow to Obamacare

Oct 13, 2017

And this one lands directly on the insurance industry, for now. The president cut payments to insurers that go toward subsidies for low-income people who buy policies on the health care exchanges. Those so-called cost-sharing reductions were worth billions to the insurance industry. So what will it do now? 

To sell his tax plan, President Donald Trump is trying to send a message to ordinary Americans: that cutting corporate taxes will benefit them too. During a speech this week in Harrisburg, Pennsylvania, in front of a crowd of truckers, he claimed that by allowing companies to bring back overseas money at a low tax rate, the typical American household will benefit by getting a "pay raise" of about $4000.  What’s behind the claim – and is it likely? 

To hear the full story, click on the audio player above.

Trump won't certify Iran deal

Oct 13, 2017

President Donald Trump announced today he won't certify Iran's compliance with the 2015 nuclear agreement. The decision had been flagged in advance by administration officials. The next move is up to Congress. It has 60 days to decide whether or not to reimpose sanctions on Iran that were lifted by the 2015 deal. Any decision to reimpose the sanctions wouldn't go down well with our allies across the Atlantic.

Do nondisclosure agreements protect sexual abusers?

Oct 13, 2017

Hollywood is struggling to come to terms with the Harvey Weinstein scandal. More women have come forward with more allegations and named other big names. But it’s not just entertainment where payoffs happen to keep people quiet. What role do nondisclosure agreements play in shielding sexual abusers?

Schools have become the latest target of cyberattacks

Oct 13, 2017

An entire school district in Flathead Valley, Montana, shut down for days after hackers targeted several schools, sending death threats to students and staff, and threatening to release sensitive personal information unless a ransom was paid in the online currency bitcoin. More than 30 schools and a community college closed for three days, affecting over 17,500 students.

For Superintendent Steve Bradshaw, it all started with a text message from an unknown number.

What happens when the economic census is late

Oct 13, 2017

What you don't know can indeed hurt you, economically. Every five years, the government surveys businesses in what's called the Economic Census of the United States. That census should be happening right now but it's not, due to a few different reasons. Danny Vinik, the assistant editor at Politico's "The Agenda," has the story on this — and it's appropriately titled "Is Washington bungling the Census?"

10/13/17: Time is running out for Congress

Oct 13, 2017

We wrap up the news week wondering: Will Congress be able to pass any big legislation in 2017? What will happen to low-income people seeking health care once government subsidies disappear? Will President Donald Trump and European leaders decide to impose new sanctions on Iran? Plus, corporate America's reliance on nondisclosure agreements helps serial harassers stay under the radar and aren't necessarily protecting public interest, so why do we still have them? And, on a more personal note, it would make it a lot harder for us to do our jobs if we didn't have accurate economic data.

Will Congress pass any big legislation in 2017?

Oct 13, 2017

Rachel Abrams of The New York Times and Fortune's Leigh Gallagher join Marketplace host Kai Ryssdal to discuss this week's business and economic news. President Donald Trump has been making a lot of bombastic statements asking Congress to pass legislation, but so far, it hasn't been able to deliver. It's not looking good for Congress to pass tax reform or any other major legislation by the end of the year, which could dramatically impact midterm election results. And despite Trump's promises for economic growth, the IMF forecasts the U.S.

Why it's so hard to qualify as a dog walker

Oct 13, 2017

Laine Higgins wanted to earn some extra cash. So she applied for a job as a dog walker in New York City with one of the many on-demand dog-walking services. And was denied. "I got one question wrong on the safety test, and I think what did me in was all of the questions they have about harnesses. So to their credit, they're very thorough." Higgins isn't alone.

Doing the math on back-to-school tax breaks

Aug 18, 2017

Last week on the show, we talked a lot about the costs associated with school: the cost of sending kids back to school, the cost of teacher supplies and the cost of a poor education.

The cargo shipping industry is turning things around

Aug 18, 2017

After the Great Recession, the cargo shipping industry overestimated how fast the consumer economy would bounce back. It’s been a tough few years, with empty space on many cargo ships that carry furniture, clothes and office supplies — pretty much all the stuff Americans buy in stories. But now, old ships are getting replaced with a fewer number of new, bigger vessels, owned by fewer companies. All that efficiency has freight rates climbing.

Click the audio player above to hear the full story.

China’s government today unveiled new rules for overseas investments by Chinese businesses. The rules discourage companies from what are called "irrational" acquisitions of assets in industries ranging from real estate to hotels and entertainment.  In recent years, China has invested heavily in the U.S. What will the new rules mean for U.S. businesses?

Click the audio player above to hear the full story. 

Rachel Abrams of The New York Times and Cardiff Garcia of FT Alphaville join us to discuss the week's business and economics news. On Friday, Stephen Bannon was pushed out of his role as chief strategist to president Donald Trump. We discuss what the move can mean for the markets. Also, we recap Trump’s stance on the violence in Charlottesville. With Trump alienating corporate America and Republicans admonishing him, can the White House withstand the latest political whiplash thrown its way?

Greenbelt, Maryland, can't hide its town pride

Aug 18, 2017

The U.S. government tried a different approach to public housing during the great depression by creating entire towns that were federally planned and subsidized. The idea was to build communities where poor Americans and displaced farmers could work. Only three of these "greenbelt towns" were built before the project ended. But those three towns still stand today as a reminder of the New Deal's history.

There is a lot of debate around office etiquette. In the past, Marketplace Weekend has spoken with Ask A Manager's Alison Green about the right way to handle job interviews and how to dress for the office. Now we're taking on the topic of kids at work. Is it ever appropriate?

Having a diverse workplace is a worthy investment

Aug 18, 2017

It may feel like the topic of diversity in the workplace pops up all the time. So many industries seem to struggle with it — Hollywood, media, Silicon Valley.

Coal under Trump: one miner’s perspective

Aug 18, 2017

At 11 p.m. on a recent Friday night, the West Elk Mine outside Somerset opened its gates. Cars and trucks started rolling out, signalling the end of a coal mining shift in this rural pocket of Colorado.

Workers had been opening up a new section of the mine 4 or 5 miles underground, a tough job made tougher considering that the current economics of the coal industry means fewer workers at the mine.

Coal under Trump: one miner’s perspective

Aug 18, 2017

At 11 p.m. on a recent Friday night, the West Elk Mine outside Somerset opened its gates. Cars and trucks started rolling out, signalling the end of a coal mining shift in this rural pocket of Colorado.

Workers had been opening up a new section of the mine 4 or 5 miles underground, a tough job made tougher considering that the current economics of the coal industry means fewer workers at the mine.

08/18/2017: Life in a "New Deal Utopia."

Aug 18, 2017

Steve Bannon has joined the list of recent White House departures, and with that, the prospect of a trade war with China got a little less likely. And that's good, because in spite of all the real economic competition between the world's two largest economies, they need each other. To that end: Beijing put out some new rules on overseas investments today, specifically limits on certain kinds of foreign acquisitions by Chinese companies. We'll talk about what that means. Then: During the Great Depression, the government started an experiment.

Can HR tell you what not to do and say outside of the office?

Aug 18, 2017

Last weekend's white nationalist rally in Charlottesville, Virginia has inspired an ongoing discussion about public hate speech and rallying as they relate to employment.

In the aftermath of the rally, several people have been identified on social media using photos taken of them carrying Nazi flags and other white supremacist paraphernalia. In the age of social media, the process of identifying people and tracking down their workplaces was speedy, and in the days after the rally, some people lost their jobs.

08/18/2017 Free speech, hate speech and work

Aug 18, 2017

In the wake of the white nationalist rallies in Charlottesville, Virginia, we dig into the nuances of how businesses handle the First Amendment and their own ethics policies. Plus, a discussion of the case for diversity in business, the question of whether you can bring your kids into the office and the ongoing debate over the North American Free Trade Agreement. 

 

 

08/18/2017: Globalization might be getting too much blame

Aug 18, 2017

Market players are concerned that President Trump's senior economic adviser, Gary Cohn, might resign over his disappointment with Trump's comments on the Charlottesville protests. But he's the one figure in the administration who gives Wall Street the most comfort, and he could become the next Fed Chair. On today's show, economist Christopher Low joins us to talk about the qualities someone should have to take on the most powerful economic policy position in the U.S.

President Trump pledged sweeping political and economic changes during the campaign. We have no idea if Trump can deliver on those promises, but we can explore what it’s going to take for him to try. It’s all in our series The Big Promise.

Rhonda Glover is between jobs as a home health care aide. For weeks, she’s been talking with different companies. Usually things are going well, she said, until the interviewer asks how will she get to work.

Estee Lauder, meet Kylie Jenner

Aug 18, 2017

Estee Lauder announced earnings this morning. The cosmetics company beat estimates, reporting net income of $229 million, up from $94 million for the same period last year. Net sales rose 11 percent in the fourth quarter. Behind the numbers is the reality that established beauty brands like Estee are facing big challenges from beauty startups like Kylie Jenner's Kylie Cosmetics.

 

Click the audio player above to hear the full story.

In the week since a white supremacist rally in Charlottesville lead to deadly violence, some of the participants have been outed online and even fired from their jobs. Now, more protests and counter protests are springing up around the country. While the first amendment protects speech — including hate speech, the freedom to express your views and not run afoul of your employer can depend on where you live and who you work for. 

Click the audio player above to hear the full story.

Is globalization in decline?

Aug 18, 2017

The idea of more open, global trade has been sold as necessary for economic success. Yet today we hear calls to "build a wall" and to break up trading partnerships. Turns out we've seen the pendulum swing between free trade and protectionism many times before. Our series Trade Off looks at key moments when trade barriers have been built up or torn down and at globalization's winners and losers. 

Markets are down in Europe today, after they dropped by more than 1 percent in the U.S. We'll discuss what's contributing to the ongoing downturn. Afterwards, we'll take a look at globalization through the lens of the "elephant chart," a creation from former World Bank economist Branko Milanovic that explains who the winners and losers of this phenomenon are. 

A wave of tech companies have condemned white supremacist organizations and websites, like the Daily Stormer. But will their online presence eventually fade away, or just find another outlet? It turns out that the Daily Stormer has moved its operations to what's called the Dark Web. Nicolas Christin, an associate research professor at Carnegie Mellon University, joined us to discuss whether sites like these will be able to thrive on the Dark Web. Plus: We play this week's Silicon Tally with Doree Shafrir, a senior tech writer at Buzzfeed and author of the book "Startup: A Novel." 

Despite a growing fossil fuel export business, the U.S. economy has actually seen its emissions of carbon dioxide fall the last two decades. A new analysis lists the specific reasons, and there are many: more natural gas burned instead of coal, more wind and solar power, more efficient factories and cars. But tomorrow's path to lowering emissions may look very different as new technologies come online and more things run on green electricity.

Click the audio player above to hear the full story.

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