APM: Marketplace

APM: Marketplace

United States

Marketplace from American Public Media is the premier business news show on public radio. Host Kai Ryssdal and the Marketplace team deliver news that matters, from your wallet to Wall Street. Online at Marketplace.org.

Episodes

05/19/2017: TGIF  

Honestly, what's there to say at this point? There was even more news related to President Trump, Russia and ousted FBI Director James Comey this afternoon, to cap off a relentless week of compounding scoops and scandals. We'll do our best to figure out the economic effects of it all during the Weekly Wrap. Then: Trump was on his way to Saudi Arabia this week, the first stop in a nine-day trip abroad. He'll be bringing with him a $100 billion deal with the Saudis to buy American planes, ships and munitions, and they're not the only ones. We'll talk about the delicate balance between arms deals and diplomacy. Plus: Uber for trucks and the lay of the land for this summer's movie season with The New York Times' Wesley Morris.

07/19/2017: Remember when we said the plan to repeal Obamacare was over? Yeah, no.  

The Republican effort to get rid of Obamacare and maybe, sometime, replace it is alive again. Or is it? The Congressional Budget Office released a new score this afternoon on GOP efforts to repeal and delay replacement. The bottom line: 32 million more people without insurance by 2026, and a cut in federal deficits by $473 billion in that same period. We'll get you up to speed. Then: local governments all around the country have sent the White House hundreds of projects for consideration under a big infrastructure package. But Trump's push for private investment could mean his base gets left out of the spending spree. Plus: Can baseball movies make a comeback?

07/18/2017: No repeal, no replacement  

After years of trying, the Republican-controlled Congress won't be replacing Obamacare or even repealing it with a replacement TBD. President Trump's new plan, he said today, is "just let Obamacare fail." Leaving aside that's quite a thing to say about a sixth of the economy, you might wonder how insurers are taking the news. Turns out, most of them don't make much money in the individual market anyway. We'll look at UnitedHealth, which is mostly out of the exchanges, but posted huge second-quarter earnings today. Then: The fizzled-out health care reform pushed the dollar to an 11-month low today. Investors are doubting we'll see any of Trump's big promises delivered soon, but D.C. gridlock isn't the only thing driving down the dollar. Plus: How do you know your neighborhood's gentrifying? When South Harlem becomes "SoHa." 

07/17/2017: Is it back-to-school season already?  

The White House's "Made In America Week" started with a lot of trade news. Trade reps from China and the U.S. will meet Wednesday, and this afternoon we got the administration's objectives for renegotiating NAFTA. We'll talk about both. Then: Back-to-school shopping used to be like Christmas for some retailers, but now it happens all year round. Plus, because it's still summer after all, we have an interview with the inventor of the self-sealing water balloon. Finally, as part of our ongoing series "Way of Life," we'll look at the tough-to replace food jobs that have left Chicago. 

07/14/2017: Sometimes napping on the job is OK  

The Senate has a pretty full plate between now and its delayed August recess, but two Republican senators are adding an immigration bill to the list. They're reportedly working with the White House on legislation that would cut legal immigration in half by 2027. That's in line with President Trump's campaign promise, but it directly contradicts another one. Plus, we got the latest inflation numbers today, and June was pretty flat: core prices were up just 10 percent. That's lower than analysts expected and much lower than the Fed's 2 percent target. But why do we want prices to rise anyway? Then: For two decades, the railroad CSX let crews nap under certain circumstances. This spring the new CEO got rid of that practice, shining a light on a frequent topic of discussion in the transportation business.

07/13/2017: It's the MAGAnomy, stupid  

President Trump's budget director Mick Mulvaney took to the Wall Street Journal's op-ed page today to make the case for "MAGAnomics." There's a lot to unpack. We'll take it line by line, starting with the White House's promise of 3 percent growth. Then: It's performance review season, at least it is at Marketplace. But some companies are finding that a steady stream of feedback is more effective. Plus: Silicon Valley is just 25 percent women, and a new study found many women who leave tech jobs were sexually harassed and passed over for promotions.

07/12/2017: Here's what Janet Yellen's thinking  

The Humphrey Hawkins Act of 1978 codified two fundamental parts of the Federal Reserve. First, the dual mandate of full employment and steady inflation. Second, that twice a year the Fed chair would schlep up to Capitol Hill and tell Congress what's goin' on with the economy. Today was possibly the last Humphrey Hawkins day for Chair Janet Yellen, so we'll go over a few highlights of her testimony. Then: The refugee crisis is still very real in Greece, where the government is struggling to keep up. Now, help is coming from an unlikely source. Plus, when does corporate-funded research cross the line? Google might be skirting it, according to an investigation from The Wall Street Journal.

07/11/2017: The *other* news out of the White House  

We told you yesterday about Congress' long to-do list, and today Senate Majority Leader Mitch McConnell delayed the August recess to address it. But over on the other end of Pennsylvania Avenue, there's a lot going on. President Trump sent Congress his first nominee for the Federal Reserve and got his nominee for the Office of Information and Regulatory Affairs approved. We'll talk about both. Then: Snap shares are trading below their initial public offering price back in March amid advertising worries. We'll look at a possible case of buyer's remorse. Plus: the business of building big stadiums.

07/10/2017: Congress' long to-do list  

Congress is back from its July Fourth break, and there's a lot to do in a short few weeks before the next recess. Health care is at the top of a long agenda, but if it doesn’t pass, the delay will push onto other legislation coming down the pike. We'll break it all down. Then: President Trump and European leaders had pretty different assessments of this weekend's G-20 Summit, so with that in mind, let's do an economic cost-benefit analysis of "America First." Plus, a story of good intentions gone wrong in a couple of the busiest ports in the country. 

07/07/2017: Are we headed for a trade war?  

We always enjoy Jobs Friday, and this was an especially good one: About 222,000 people got jobs across all kinds of industries last month, and unemployment ticked up a hair because more people are out looking for work. The one black mark on this month's report was wages. Average hourly earnings were barely up in June, and it's the latest in a line of tepid monthly increases. That just isn't the way things are supposed to be working right now. We'll talk about why and break down the rest of the jobs report in the Weekly Wrap. With President Trump at the G-20 this weekend, trade's on the table, too. Plus: the business of summer camp.

07/06/2017: The U.S. v. 450 Ancient Cuneiform Tablets  

The G-20 summit in Hamburg, Germany, and the street protests happening alongside it are the big global political story. But it's really an economic story, about the winners and losers in global trade. With that in mind, we're starting with the Commerce Department today and the news that the trade deficit fell last month. It's President Trump's favorite, if misguided, economic metrics, but this drop was more about the dollar than anything else. Then: Hobby Lobby is paying a $3 million fine and handing over a bunch of smuggled antiquities today as part of a bizarre story that broke yesterday. We'll get you caught up on everything. Plus: A merging of two home shopping giants that could create a giant in retail, period.

07/05/2017: Let's dig into the Senate health care bill  

It's not exactly beach reading, but it's not the Fourth of July anymore either. Congress is back from recess next week and Senate Majority Leader Mitch McConnell has his sights on reworking and then passing his party's health care bill. Here's the thing though: reading the bill's 142 pages is really tough unless you're an expert. So we called one. Then: President Trump tweeted Monday that gas prices are the lowest they've been in a decade and he'd like to see them go lower. Because facts matter: they're low, but not that low, and the full picture of what "cheap gas" means is a lot more complicated. Plus, for many people it's easier than ever to get by in this economy without carrying any currency. So what's the future of cash look like?

07/04/17: How does the rest of the world feel about the US?  

A Pew Research survey shows that positive attitudes toward the U.S. have declined from 64 percent approval during Barack Obama's presidency to 49 percent in 2017. President Trump as individual scored lower with the international community, 22 percent of people have confidence in him to do the right thing in international affairs. We'll talk about the USA brand and the upcoming G-20 summit as the President is faced with the news of a longer-range missile tests out of North Korea. Also on today's show: The business of making Spider-Man. Marketplace's Adriene Hill talks to the writers of the upcoming movie "Spider-Man: Homecoming."

07/03/2017: Sure, it's summer, but let's talk about school  

We know, we know: It's the height of summer vacation, but sadly policy waits for no one. Secretary of Education Betsy DeVos has made school choice a priority, and charter schools are one pillar of that choice. But as charters become more popular, it's becoming apparent that the choice isn't being applied equally, and that's re-segregating some school districts. Plus, millions of students will head to college this fall, including an unknown number of undocumented students. Being a first-generation college student is tough, but undocumented status complicates things on another level. We'll talk with a few students about what they're going through. Plus, the latest news from Tesla, and just in time for the holiday weekend, a conversation with a professional grill master.

06/30/2017: Where's Trump's trade policy?  

Today was the deadline for an Trump-ordered national security investigation into steel and aluminum imports. The Commerce Department missed it, thanks to what the administration called "unanticipated complexities." To paraphrase the president, who could have imagined running the world's largest economy could be so complicated? Then: It's the Friday before a holiday weekend, so what better time to revisit our series "Summer, Brought to You By" with an honest-to-god ice cream historian. Plus, Teslas, Volts, Leafs and the rest are almost commonplace on American roads now, so what's the next frontier for electric vehicles? The bus lane. Correction (June 30, 2017): A previous version of this podcast description named the wrong president. We were just testing you.

06/29/2017: Who still shops at Staples?  

No health care on the show today — and very little President Trump — just some good ol' fashion corporate news up top. The office supply store Staples, has agreed to be acquired for nearly $7 billion. If the private equity deal goes through, it'll be the biggest buyout of the year to date. But it's also been a grim year for retail; sales and profits at Staples have been dropping for years. So who's buying? And why? Then: We're talking about a lot of stress tests today, not just on the nation's big banks but on energy companies.  Investors at Occidental Petroleum and Exxon Mobil voted last month for more transparency around climate change, and how it'll affect the bottom line. Plus: National Parkas and Forests make for popular camping spots over any summer, but that public campground might be privately run these days.

06/28/2017: Drama in DC has economic costs  

If you can count on anything, it's that you can't count on Washington for anything right now. You've got inconsistent statements, intra-party squabbling, ambitious legislative goals with real policy differences and, oh yeah, a special prosecutor and a few congressional investigations. The potential economic costs really start to add up. Plus: We're on Day Two of another high-profile ransomware attack that's hit a bunch of shipping companies, law firms and other businesses. We'll try to sort out what's going on. Then: How'd so many of us end up getting health care from employers? You've always wondered.

06/27/2017: What's "affordable health care" even look like?  

Senate Majority leader Mitch McConnell pumped the brakes on health care today, delaying the vote on the GOP's Obamacare replacement until after the July Fourth holiday. Stocks took a little dive today amid all the uncertainty, in no small part because the health care bill is actually a tax bill. Something we'll try to hash out today: This plan is all about making health care more affordable, but once you get past all the politicking, what's that even mean? Then: the latest on ransomware attacks that are spreading across Europe today. Plus, looking back at the legacy of ATMs on their 50th anniversary.

06/26/2017: The Senate's health care bill has a CBO score, let's do the numbers  

The Senate Republican health care bill was first shown to the public Thursday, with an eye on voting a week later. Today we got the Congressional Budget Office score. The headline numbers are 22 million people losing coverage and a $321 billion deficit reduction by 2026. We'll talk through what it all means and what to keep an eye on as the bill hurtles toward a vote Thursday. Then: The president is a former CEO who wants to run the company like a business, so let's tease out how the U.S. government is and isn't like a public company. Plus, the first in a series of stories we're doing on globalization.  

06/23/2017: You-know-what  

We thought we could go the whole day without talking about, um, that big bill the Senate unveiled this week. No dice. But we're getting it out of the way right up top, discussing the Senate's hurry-up-and-wait-outside approach to health care reform and what this bill is really designed to fix. Then: U.K. Prime Minister Theresa May is trying to negotiate a trade deal on her way out of the E.U., and some Brexit supporters are pushing the so-called "nuclear option." Plus: We're used to paying $700ish for an iPhone or Samsung Galaxy, but the Wall Street Journal was able to build one for a 10th of the price. What gives?

06/22/2017: It's no secret — the Senate bill won't make health care cheaper  

At long last, Senate Republicans have revealed their health care bill. It was hatched in secret, and they hope to vote on it in a week so let's dig in. It's similar to the plan passed by the House: Sharp and sweeping cuts to Medicaid, more power to states to decide what insurance plans have to cover, shrinking the Obamacare subsidies. Here's what it won't do: make health care cheaper. We'll talk about why, then head to Arkansas, where a plan to roll back Medicaid expansion will put tens of thousands back on the exchanges, if they can afford it. Plus: An interview with the executive director of Covered California, the state's Obamacare exchange.

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