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  • Hosted by Kai Ryssdal

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

We dodged another government shutdown

6 hours ago

We avoided a government shutdown today, folks. President Donald Trump signed the $1.3 trillion omnibus spending bill, even after he said he’d veto the bill. Catherine Rampell of The Washington Post and Rachel Abrams of The New York Times join us to talk about this week’s business and economic news. After the budget talk, we switch gears to trade. Trump asked China to reduce the U.S. trade deficit by $100 billion. But perhaps he should be complaining about intellectual property violations instead. We discuss it.

Key health care measure left out of federal spending bill

7 hours ago

Congress jammed a lot into its $1.3 trillion spending bill, and we’ll be going through the bill’s 2,000-plus pages for some time. But there was one thing noticeably left out: a last-ditch compromise amendment on health care sponsored by Republican senators Susan Collins and Lamar Alexander. The so-called “stabilization” package was designed to keep health insurance premiums on the individual market from skyrocketing and would have restored billions of dollars in federal subsidy money for insurance companies that the Trump administration cancelled out last year.

Women and the gig economy: "Every job you have is essentially the last one"

8 hours ago

The "gig economy" is far more than just Uber and Lyft drivers. Those two words can include musicians and graphic designers working one-off jobs, people getting cleaning or delivery work via apps, or people selling goods on sites like Etsy or eBay.

Now schools want school shooting insurance. Seriously.

8 hours ago

Following highly publicized school shootings, schools across the country are sorting out ways to prepare themselves in case tragedy strikes in their own hallways and classrooms. That includes buying insurance for a school shooting. While there's no exact count of the number of schools buying this coverage, insurers say in the past year more schools have been seeking "active shooter" and "active assailant" policies. Suzanne Barlyn, U.S.

A guide to how businesses use Facebook

8 hours ago

Facebook is unquestionably a giant of social media — the network has over 2 billion monthly active users worldwide. But it's not just baby pictures and relationship status updates.  Facebook is a hub for business. 

Businesses of all sizes use Facebook to cultivate followers, build their brands, engage with their audience and maybe even manage employees. Karen North, professor at USC’s Annenberg School for Communication and Journalism, joined Marketplace Weekend to discuss how businesses use Facebook for marketing and data collection.

How's the internet policed? Who decides what can and can't happen with our data? In light of recent revelations about companies using Facebook data, we look into what it means for businesses who want to leave Facebook and at the regulations around our online data. Plus, why more schools want school shooting insurance and how to be a lighting designer. Also, a sit-down with three women working different jobs in the gig economy.

DACA students are not yet living the dream

8 hours ago

Hours after threatening to veto a $1.3 trillion spending bill, President Donald Trump signed it into law Friday.

But he wasn't happy with what was left out of the bill, and neither were hundreds of thousands of people protected — for now, anyway — under DACA, the Deferred Action for Childhood Arrivals program. They were hoping for a permanent solution that would allow them to stay in the country.

03/23/2018: No trade war yet

10 hours ago

After threatening to veto it this morning, President Donald Trump signed a $1.3 trillion plan to fund the government through September. Where did it leave DACA? Nowhere. The spending bill doesn't include a permanent solution for people brought into the country illegally when they were children. We follow up with a few young undocumented immigrants who remain in limbo. Also on today's show: tariffs. Trump’s decision to impose tariffs on more than $50 billion worth of Chinese imports has brought a swift and firm response from China. But there’s also been talk of possible trade compromises.

How to be a lighting designer

13 hours ago

Everyone has a dream job growing up: doctor, vet, ice cream taste tester. But how do you actually get the gig? Marketplace Weekend is looking into how, with the occasional series, How to be a ...

My name Steve Lieberman and I own a company called SJ lighting. We specialize in production design for music festivals, stage design and nightclub design.

(Markets Edition) Congress recently approved a $1.3 trillion bill, but this battle isn't over yet. President Trump just tweeted that he might veto the measure, shortly before the stock market opened. We'll talk to Christopher Low, chief economist at FTN Financial, about how the markets are doing. Afterwards, with news that Toys R Us is closing its stores, we'll look at how its decision to file for bankruptcy has affected suppliers and workers. 

Trade warriors are on the lookout for China to retaliate against the administration’s barrage of tariffs. A likely first target is agriculture — the U.S. exports massive amounts of sorghum and soybeans to China. In fact, China imports so much U.S. soy that some have said it can’t afford to restrict it with its own tariffs.

Click the audio player above to hear the full story. 

Congress gave final approval Friday to a giant $1.3 trillion spending bill that ends the budget battles for now, but only after late scuffles and conservatives objected to big outlays on Democratic priorities at a time when Republicans control the House, Senate and White House.

Senate passage shortly after midnight averted a third federal shutdown this year, an outcome both parties wanted to avoid. But in crafting a sweeping deal that busts budget caps, they’ve stirred conservative opposition and set the contours for the next funding fight ahead of the midterm elections.

(U.S. Edition) The banking giant Citigroup has announced new retail business clients will have to put restrictions on gun sales. We'll look at some of their requirements and whether these rules will affect existing clients. Afterwards, we'll discuss how survivors of last month's deadly shooting in Parkland, Florida, organized a march in support of stricter gun control laws. Plus: Why Trump's trade policies may resurrect COMECON, an old communist trade policy. 

In September 2017, drowning in more than $5 billion of debt, Toys R Us filed for Chapter 11 bankruptcy.

The first thing you need to know?

“Chapter 11 does not mean a company's dead,” said Pamela Foohey, an associate professor at Indiana University’s Maurer School of Law.

Tomorrow, hundreds of thousands of people will march in Washington, D.C., in support of stricter gun control laws. Survivors of last month's deadly school shooting in Parkland, Florida, helped organize the March for Our Lives ... and they’ve raised a lot of money to make it happen. How much do events like this cost, and how have the organizers gone about getting the cash?

Click the audio player above to hear the full story. 

(Global Edition) From the BBC World Service … it’s a sea of red in global markets amid escalating concerns about a trade war between the world’s two biggest economies. We’ll tell you what’s next for China after the U.S. said it will impose new tariffs on imports from the country.   Then, how long will it take you to commute today? Twenty minutes on the subway? An hour in the car? In Sao Paulo, Brazil, many workers sit for three hours in mad traffic. We’ll take you there and explain how some are battling back with a new high-flying commuting method.  

Quitting Facebook might be harder than you think

19 hours ago

Facebook's public image has seen better days. The Cambridge Analytica scandal is the latest public relations disaster to befall the tech giant, and in response, some users are deleting their accounts. But is that realistic? Marketplace Tech host Molly Wood spoke with Jillian York of the Electronic Frontier Foundation about why quitting Facebook is a privilege that not everyone can afford.

Facebook has seen better days when it comes to its public image. The Cambridge Analytica scandal is the latest public relations disaster to befall the tech giant, and in response, some users are deleting their accounts. But is that realistic? Marketplace Tech host Molly Wood spoke with Jillian York of the Electronic Frontier Foundation about why quitting Facebook is a privilege that not everyone can afford.   

A fatal Uber accident rocks the robotics world

Mar 22, 2018

On Sunday, a self-driving Uber — with a safety driver behind the wheel — killed a woman in Tempe, Arizona. The car was in autonomous mode at the time of the accident.  Almost immediately, Uber pulled its all self-driving cars off the road — in Arizona, San Francisco, Toronto and Pittsburgh.

Click the audio player above to hear the full story. 

U.S. limits on Chinese investment could have big effect

Mar 22, 2018

The White House announced today a series of actions aimed at countering what it calls unfair Chinese trade practices. We got tariffs on $60 billion worth of Chinese goods each year, and we got litigation, with the U.S planning to sue China more at the WTO. And finally, the president says he's going to limit Chinese investment in the U.S. in certain key industries. That's one we don't hear about too often.

Click the audio player above to hear the full story. 

Why a New York professor is taking on Cambridge Analytica in the U.K.

Mar 22, 2018

Before most people had even heard of Cambridge Analytica and what it had been doing with all that Facebook data, David Carroll, associate professor of media design at the New School's Parsons School of Design in New York filed a legal claim in the United Kingdom against the company.

TV writer Nell Scovell says men need to "make room"

Mar 22, 2018

According to the latest Women and Hollywood study, just 28 percent of all the program creators, directors, writers, producers, executive producers, editors and directors of photography in TV last year were women. Nell Scovell is a television writer, producer and director. Her long list of behind-the-scenes credits includes "The Simpsons," "Sabrina the Teenage Witch," "Newhart" and co-authoring "Lean In" with Facebook Chief Operating Officer Sheryl Sandberg.

Stocks dive on trade war fears after China sanctions

Mar 22, 2018

NEW YORK (AP) — Stocks plunged Thursday after the Trump administration slapped sanctions on goods and investment from China. The Dow Jones industrial average dropped more than 700 points as investors feared that trade tensions between the world’s largest economies would escalate.

March Madness means lots of illegal sports betting

Mar 22, 2018

March Madness — the college men’s basketball tournament — is underway. And that means office pools, brackets, and lots of betting. The American Gaming Association estimates that Americans will bet $10 billion on the tournament, much of it illegally as sports betting is not legal in most U.S. states.

It’s hard to say exactly how much money, in total, is spent on illegal sports bets every year. The AGA puts it at $150 billion.

Early last year, before Cambridge Analytica was making headlines for their use of Facebook data, Parsons School of Design Associate Professor David Carroll filed a legal claim in the United Kingdom against the company. He used a British data protection law to request the data that Cambridge Analytica had gathered on him. Though he received some data from the company about a month later, he says it was incomplete. Now, Carroll is suing Cambridge Analytica; we ask him why.

03/22/2018: What to make of the new Fed chair

Mar 22, 2018

(Markets Edition) The Fed has decided to officially raise interest rates. With Jerome Powell, the new head of the Federal Reserve, meeting with the media yesterday, what impression does he give off? Diane Swonk, chief economist at Grant Thornton, joined us to give her evaluation. Afterwards, we'll discuss how rising house prices are becoming beneficial for sellers, but hurting buyers.

What is inflation and how is it measured?

Mar 22, 2018

What is inflation?

Inflation is when the cost of goods and services goes up.

Say I am shopping and I see that something costs more, is that inflation?

(U.S. Edition) The Trump administration is getting ready to announce how it will punish China for the way it handles the trade secrets of U.S. firms. On today's show, we'll take a look at how China may retaliate. Afterwards, with Friday night the deadline for Congress to pass a spending bill, we'll talk about the major Gateway infrastructure project included in the bill, which is critical to the northeast. Plus: We'll discuss whether more large tech companies will start going public after Dropbox's IPO today.

Rising prices and falling affordability in housing

Mar 22, 2018

The housing market is kicking off for spring on an upward trajectory. Existing home sales rebounded in February after a slump earlier in winter, rising 3 percent on a monthly basis and 1.1 percent year to year, to an annual rate of 5.54 million.

(Global Edition) From the BBC World Service … The White House is set to unveil sanctions against China today after finding it encourages theft or transfer of intellectual property. But China’s threatening to fight back … so is a trade war just over the horizon? Then, how’s this for irony: A French company is poised to win a contract to make Britain’s passports in a post-Brexit world. We’ll hear from the U.K. company that’s set to lose out on the production. Afterward, a trip to a business with a unique take on how to tackle the problem of throw-away plastics.