National Partners

Stories from our program partners, including NPR, APM, and PRI.

The House is set to take up a bill today dialing back parts of Dodd-Frank, the law regulating banks after the financial crisis. The bill, which has already passed the Senate, would change mortgage lending requirements and raise the threshold at which banks will be officially big, or "systemically important financial institutions," if you want to get technical. We'll start off by telling you everything you need to know, and we'll also look at the rotating deck chairs on the American CEO cruise ship. Plus, speaking of the recession, we'll look at what it's like to graduate into one.

When Luis Calderon graduated from the University of Central Arkansas back in 2008, he had the immigrant dreams of his entire family upon his shoulders. But then the Great Recession hit, and like many in his year, Calderon paid the high price for unlucky timing.

Calderon majored in economics with an emphasis on international trade, and during his senior year he aspired to begin his career at a multinational corporation.

(Markets Edition) The House is set to vote on a bill that would free dozens of small and mid-sized banks from regulations placed after the financial crisis. We'll dive into some of the rules that could go away. Afterwards, we'll discuss the Supreme Court's latest workplace ruling: employees who agreed to settle disputes with their boss through individual arbitration can't later join big class-action lawsuits. Plus: A look at what the Pope has to say about financial markets and its participants. (05/22/2018)

 

 

China's "professional" pick-up artists

May 22, 2018

Qi Dongwei, a 32-year-old mechanical engineer, recalls having an excruciating crush on a classmate back in college. He said he would spend time with her before and after class.

“Our hands had brushed up against each other’s by accident, but I never attempted to hold her hand, not even after chasing her for two years,” Qi said.

He has not had much luck with women since, and the pressure is on.

U.S. household debt hit a record $13.2 trillion in the first quarter of 2018, but Americans seem to be handling it okay. Consumer debt levels are stabilizing, according to The New York Fed’s quarterly household debt report. But rising interest rates seem to be squeezing household finances in at least one area: credit card debt.

Click the above audio player to hear the full story. 

The Supreme Court just made class-action lawsuits harder to join

May 22, 2018

The Supreme Court has ruled that employees who agreed to settle disputes with the boss through individual arbitration can't later join big class-action lawsuits. 

(U.S. Edition) European politicians will get to grill Facebook CEO later today about the Cambridge Analytica scandal, over a month after U.S. Congress members questioned him. We'll discuss what to expect from his upcoming testimony. Afterwards, we'll talk about why a rising share of American households seem to be having trouble paying off their credit card debt. Plus: As part of our "Divided Decade" series, which looks at the financial crisis 10 years later, we asked 2008 college grads to share lessons about the job market with class of 2018. (05/22/2018)

Will Sony’s strategy shift shine?

May 22, 2018

(Global Edition) From the BBC World Service … Oil prices are heading back toward $80 a barrel thanks to a range of geopolitical and supply factors. In India, fuel costs are a sensitive issue. We’ll explain how the country’s oil minister is working on a way to pressure prices there. Then, Sony announced a big shift in strategy, but will it pay off? It's set to become the world's no. 1 music publisher now that it's purchased EMI Music Publishing for $2.3 billion. Afterward, while the economic decline in Zimbabwe has been well documented, the impact on the country’s industry hasn’t.

Why privacy settings can't keep your location secret

May 22, 2018

The class of 2008 offers advice to the class of 2018

May 22, 2018

Ten years after they graduated during the Great Recession from the University of Central Arkansas, several alumni returned to campus for a roundtable with graduates from the class of 2018. The returnees, now in their 30s, talked about making far less in their first jobs than they’d anticipated. Some moved around a lot early on in their careers – which studies suggest is a better way to boost wages – whereas others stayed put and chose to be more risk-averse during the economic downturn. The most common advice heard at the roundtable: take what you can get in your first job.

Phone carriers collect a minute-by-minute record of everywhere you go. If you use GPS on your phone, that may be obvious. But carriers are also selling that information to companies that don’t do much to keep it secure. One of those companies, Securus Technologies, was hacked this month. Securus gets its information from a company called LocationSmart. On Friday, security researcher Brian Krebs reported a bug on LocationSmart’s website that would make it possible to track any phone on the four major carriers using only a phone number.

The United States Supreme Court handed down several rulings today — one in particular has a pretty good chance of affecting you. The court said today that employers can indeed force employees into individual arbitration to resolve workplace disputes. Specifically, arbitration agreements that bar employees from participating in class-action lawsuits. Workers’ rights group say the ruling is detrimental.

Click the audio player above to hear the full story. 

For scrap brokers, the trade war is not "on hold"

May 21, 2018

Over the weekend, Treasury Secretary Steven Mnuchin said the prospect of a U.S.-China trade war was “on hold” for now. There’s been a lot of trade headlines lately, but one slice of the Sino-American trading relationship that hasn’t gotten a lot of attention is the multibillion-dollar U.S.-China scrap trade. Earlier this month, the Chinese government suspended the North American branch of the China Certification and Inspection Group North America, which inspects all the shredded steel, corrugated cardboard, beverage containers and other scrap that the U.S.

Congress weighs changes to foreign investment oversight

May 21, 2018

In 1975, President Gerald Ford created a committee to oversee foreign investment in the United States. His executive order was prompted, in part, by significant inflows of oil money from places like Saudi Arabia and Iran to buy U.S. companies, said Matthew Baltz, a professor at Bucknell University.

But for its first decade, the Committee on Foreign Investment in the United States, known as CFIUS, didn’t have much bite.

How Theranos, a Silicon Valley star, came tumbling down

May 21, 2018

In October 2015, an investigative reporter for The Wall Street Journal named John Carreyrou stumbled across a pretty amazing story. The technology behind the much lauded biotech startup, Theranos ... well it didn't work, at least not in the way its founder, Stanford drop out Elizabeth Holmes, had said it did.

U.S. pauses China tariffs but deal has its shortcomings

May 21, 2018

The reason the United States is pausing tariffs on China for now appears to be a promise from China that it will increase its imports from the U.S. — primarily agricultural and energy products. That would presumably help — at least in the short term — to reduce the U.S. trade deficit with China, which was $385 billion in 2016 according to the U.S. Trade Representative. And that would be a good thing, right? 

Click the audio player above to hear the full story.

The date is set for June 12. And there’s already an advance team on the ground in Singapore making final preparations for a historic summit between President Donald Trump and North Korean leader, Kim Jong-un. That is, if the meeting actually takes place. The World spoke on Monday with Victor Cha, a former top adviser on North Korea to President George W. Bush, about some of the difficulties ahead of next month’s planned summit. 

The trade war is on hold — for now

May 21, 2018

After two days of trade talks in Washington and a high-level trip earlier this month, China and the United States have announced a truce in the simmering trade war, with U.S.-imposed tariffs on hold. We'll spend some time a the top of today's show recapping how we got here, what's settled and what's not. Then: We'll talk to the reporter who wrote the book on the failed blood-testing startup Theranos and the "scorched earth" tactics it took to cover up fraud.

Uber is changing how it deals with sexual harassment and assault claims. Employees, drivers and riders will no longer be forced into arbitration, a process that critics say often favors corporations. The decision comes after survivors of alleged assault by Uber drivers pushed the company to let their cases go to court. Rival Lyft quickly scrapped its binding arbitration agreements, too. And both companies said they will no longer require that settlements of misconduct claims be kept confidential. The changes are part of Uber’s campaign to restore public trust.

Have you used a genetic testing service to take a peek into your ancestral background? One of those direct-to-consumer products that tells you about your family's history and health? A service like 23andMe, Ancestry or National Geographic's ancestry test?

If so, we want to hear your story.

Marketplace is working on upcoming coverage related to how genetic testing plays out for people of color.

So, you're graduating into a financial crisis ...

May 21, 2018

Back in 2009 and 2010, college students were graduating into the worst economy since the Great Depression. Unemployment had risen from 5 percent in December 2007 to 9.5 percent in June 2009, when the recession technically ended, and was 9.6 percent for 2010. So what do you say to students facing a labor market full of cutbacks and uncertainty?

The U.K.’s National Health Service provides free, universal healthcare to U.K. residents.

Communities are creating their own solutions to food deserts

May 21, 2018

Kroger say it’s closing about 40 stores nationwide. Many are in neighborhoods the U.S. Department of Agriculture already calls food deserts. That’s a place where food is hard to get, either because it’s too  far away or it’s not affordable. Kroger says the closed stores weren’t making money. As communities that used to depend on their local Kroger supermarket look for a solution, local activists in Dayton, Ohio, are working to open a cooperative grocery store to replace the Kroger that closed. 

Click the audio player above to hear the full story. 

Here’s why U.S. small businesses don’t export more

May 21, 2018

The Commerce Department kicks off World Trade Week on Monday. It’s honoring 43 U.S. exporters. Thirty-three of them are small- or mid-sized businesses. But as it turns out, small businesses could be exporting more.

Click the audio player above to hear the full story. 

Playing good cop/bad cop with China

May 21, 2018

(U.S. Edition) So are the U.S. tariffs on China on or off? That'll depend on which Trump administration official you listen to. Treasury Secretary Steven Mnuchin says a trade war between the U.S. and China is now "on hold," but the country's top trade official, Robert Lighthizer, says Chinese tariffs remain an important tool. On today's show, we'll look at what came out of the latest round of trade talks between the two countries. Afterwards, we'll discuss how changes in Britain's universal health care policies will affect undocumented, pregnant women.

(Global Edition) From the BBC World Service …Venezuela’s socialist economy is under massive strain with inflation running at 13,000 percent. So how will the country’s leader deal with these challenges, along with increasing pressure from other nations to fix its problems? Then, religion is a big business in Zimbabwe – we’ll take you there to meet a prophet who knows just how lucrative preaching can be. (05/21/2018)

Is Uber disrupting itself with its bike share investment?

May 21, 2018

Uber is looking beyond cars in its bid to control the future of mobility. The company recently acquired electric bike share startup Jump. That means in select cities, Uber users can opt for a bike instead of a driver to help them get around. In San Francisco, Jump recently became the first stationless bike share company after winning an exclusive 18-month permit with the city.

Uber makes moves to disrupt bikes, too

May 21, 2018

Uber is looking beyond cars in its bid to control the future of mobility. The company recently acquired electric bike share startup Jump. That means in select cities, Uber users can opt for a bike instead of a driver to help them get around. But the uptick in two-wheeled transportation sharing has some worried about pedestrian safety on sidewalks, not to mention the implications surrounding data privacy. Marketplace Tech host Molly Wood met up with Jump CEO Ryan Rzepecki on a busy street in San Francisco to get a handle on the ride share ecosystem. (05/21/2018)

Two grassroots heroes who defended their environments against powerful industries are among the seven recipients of the 2018 Goldman Environmental Prize.

They are Claire Nouvian, a French marine life advocate who advocated relentlessly for a more sustainable fishing policy in the European Union; and Manny Calonzo of the Philippines, who pushed his country to ban paint containing the neurotoxin lead.

April 2018 was the coldest and snowiest April on record for much of North America. That spelled trouble for migrating birds who arrived in the north expecting to bulk up on the spring emergence of bugs — and often found two feet of snow instead.

The extreme weather also worries bird experts like Andrew Farnsworth, a research associate at the Cornell Lab of Ornithology. One bad season can take a terrible toll on bird populations, he says.

Pages