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website Marketplace with Kai Ryssdal
Marketplace® is the leading business news program in the nation. Host Kai Ryssdal and our team of reporters bring you clear explorations of how economic news affects you, through stories, conversations, newsworthy numbers and more. Airing each weekday evening on your local public radio station or on-demand anytime, Marketplace is your liaison between economics and life. Marketplace with Kai Ryssdal is part of the Marketplace portfolio of public radio programs broadcasting nationwide, which additionally includes Marketplace Morning Report®, Marketplace Weekend®, and Marketplace Tech®. Visit marketplace.org for more. From American Public Media. Twitter: @Marketplace
feed audio No one stock should have all that power
Mon, 19 Nov 2018 15:00:00 -0600
Nissan Chairman Carlos Ghosn has been arrested by Japanese prosecutors, accused of underreporting his income. As the board at Nissan, Renault and Mitsubishi votes on dropping Ghosn, industry experts are wondering if CEOs are holding too much power. Then: Why the rest of the stock market could follow Apple's decline. Plus, how food delivery is changing restaurants and how to make a living designing jewelry.
audio A little oil, a little Brexit and some puppets
Fri, 16 Nov 2018 15:00:00 -0600
This week had a bit of it all — tumultuous Brexit negotiations, a swing in oil prices and conversations about shifts in currency — so we break it down in the Weekly Wrap. We also talk about Apple’s new partnership with A24 (of "Moonlight" and "Lady Bird" fame) alongside the news of mortgage lenders like Wells Fargo laying off employees. Then, in our latest segment of How We Changed, we talk to a woman with a master's degree in puppet arts from the University of Connecticut. Lastly, how empty storefronts are helping form the new "retail desert."
audio Is it too early to talk holiday sales?
Thu, 15 Nov 2018 15:00:00 -0600
Nahhhh. With the holidays right around the corner, and ads inundating our collective consciousness, we try to figure out why deals are everywhere. But first, the British pound has fallen nearly 2 percent against the dollar amid shaky Brexit negotiations. What exactly are the markets trying to tell us? Then: a story about the state of temporary work in the years before and after the Great Recession. Also, one journalist (and mother) on how history, the economy and race have shaped American motherhood.
audio 585 pages of Brexit
Wed, 14 Nov 2018 15:00:00 -0600
There's a Brexit deal ... we think. What happens next? What sticking points have held up the process? We talk to Marketplace’s Stephen Beard about whether or not the May administration will be able to close the deal with the European Union. Then, a follow up to our reporting yesterday looking at the auto bailout 10 years later. This time, we look at how the financial crisis transformed the economy of Kenosha,Wisconsin. Plus, we'll talk to AEG CEO Dan Beckerman for this installment of Corner Office. 
audio What happens when Amazon moves in?
Tue, 13 Nov 2018 15:00:00 -0600
The wait is over — Amazon finally announced its new headquarter locations. They are near two major metropolitan areas: Crystal City, Virginia, just across the Potomac from Washington, D.C., and Long Island City in Queens, just across the East River from Manhattan. We'll be taking a look at what happens to housing and rent prices when Amazon moves in. Then, later in the show, we'll talk about what’s next for the places that weren’t chosen. Plus: Ten years ago, the government bailed out the auto industry partially on behalf of the workers. A decade on, how have those auto jobs fared? We check in on the bailouts that were meant to save the economy of Toledo, Ohio.
audio Today's market decline, explained
Mon, 12 Nov 2018 15:20:56 -0600
By now we don't have to remind you that the stock market is not the economy, but we'll give you some more context for today's decline. Also on today's show: One of the most influential companies you probably never heard of is going public. The mobile division of Japanese conglomerate Softbank is vying for an IPO. That's a big deal for American companies, including Uber, Slack and WeWork. Then: About 70 percent of online shopping carts are abandoned before purchase. Now e-commerce retailers are trying to figure out how to get shoppers to that last click. And we remember comic book genius Stan Lee. We talk to Gizmodo’s Evan Narcisse about Lee's impact on pop culture. 
audio So what if you don't want to pay tariffs?
Fri, 09 Nov 2018 16:18:36 -0600
It's been a long week. Let's take five minutes just to recap. We'll talk midterms, the Federal Reserve and more with the Wall Street Journal’s Kate Davidson and Politico Managing Editor Sudeep Reddy for the Weekly Wrap. Then, we'll get into tariffs, or more specifically, how to be exempt from paying tariffs. Since last March, the Commerce Department has been inundated with nearly 50,000 applications from steel and aluminum companies asking to be excluded from the tariffs — 10 times the amount it initially expected. So how does the Commerce Department choose who gets exempted? We dig into it. Plus, with tariffs there's always a catch, and the lobster industry is feeling it. We talk to Bloomberg’s Shawn Donnan about how Maine lobsters got caught in the trade war crossfire. 
audio Make the economy boring again
Thu, 08 Nov 2018 15:54:59 -0600
Some things might change with the American economy because of the midterms, but we can always count on the good ol' Federal Reserve. The Fed has been meeting this week to discuss interest rates and the state of the economy. While interest rates held steady this month, an increase is anticipated in December. But what about housing interest rates? The average rate on a 30-year mortgage hit 4.94 percent this week, a near seven-year high. Now, the housing market is cooling off — new data is showing a further decline in mortgage applications. We talk to experts about what that means for the economy. Also, the deficit hawks are about to get louder. Talk of the federal deficit was rather quiet during the midterm elections, but with Democrats as the majority of the House, we're going to hear a lot more about it. Plus: a check-in on Big Scooter. Yes, we said it. Big Scooter. It's a multibillion-dollar industry. 
audio Midterms are over. What happens now?
Wed, 07 Nov 2018 16:42:42 -0600
On today's show we'll look at the big-picture economic affects of the election results. New House, same deficit, so what can Democrats change? We talk to senior reporter Kimberly Adams about how the budget deficit will play out with the new Democratic majority. Voters in Idaho, Utah and Nebraska approved Medicaid expansion, meaning nearly 300,000 Americans could get coverage. A look at the future of Medicaid funding in these traditionally red states. And, in nonelection news, Puerto Rico has been approved for a $4 billion deal to assist its debt crisis. Plus, the latest installment of Corner Office. This time, we talk to Kaiser Permanente CEO Bernard Tyson about the challenges of the health care industry.
Chinese tech company Foxconn planned to bring a lot of new manufacturing jobs to the people of Wisconsin, until those plans changed. Turns out there aren't a lot of engineers for hire in Wisconsin. Now Foxconn is asking engineers in China to raise their hands and come on over to Wisconsin. We talk to the Wall Street Journal’s Shayndi Raice about Foxconn’s labor troubles. Also on today's show: Americans spend billions of dollars on their pets every year, with a large portion of that spent on food, and companies are taking note. Plus, in our latest installment of #HowWeChanged, we hear the story of a Wells Fargo loan officer who became a whistleblower in a case alleging the bank unfairly targeted African-Americans with subprime loans. 
audio The process of tariff exemptions
Mon, 05 Nov 2018 14:20:27 -0600
How does the Commerce Department decide which companies are exempt from tariffs and which ones aren't?  We obtained some documents that offer a glimpse behind the curtain. And speaking of tariffs, amidst trade tensions, China is hoping to rebrand itself as a top import country. But can the world's leading exporter easily change tack? Plus, a look at how some of the largest American companies are trying to get people to the polls tomorrow, and how training, the new tax law and outdated tech are leaving IRS workers feeling behind the curve ... as tax season approaches.
audio The business of closing a business
Fri, 02 Nov 2018 14:35:35 -0500
Sears is shutting down more than 100 stores, which is good news for people in the liquidation business. What's it like when your job is help shut down other businesses? We'll look into it, but first: Fed Chair Powell said yesterday that the U.S. won’t be able to sustain economic growth without immigration. We'll look at why. Plus, what you need to know about bullet journaling.
At the turn of the century, only about 2 percent of people in India had internet access. Thanks to cheaper and cheaper tech, you can get online in just a few minutes for maybe $100, and that's transformed the country. We'll look at how, and turn stateside, where iPhones are getting pricier than ever. But first: Ahead of the most-expensive midterm election ever, we'll look at spending strategies in the final days. Plus, what you need to know about the walkout at Google.
audio Are you feeling the price hike?
Wed, 31 Oct 2018 14:11:32 -0500
Inflation is (slowly) creeping back up, and major companies are starting to raise prices on essentials like diapers and paper towels. On today's show, we'll look at whether consumers are feeling the effects and ask all of you about your price-hike breaking point. Then: With midterms less than a week away, both parties are trying to win over Hispanic voters with more Spanish-language TV ads. But the messages are different from commercials in English. Plus, a conversation with Charles Schwab CEO Walt Bettinger. 
audio When office politics meet national politics
Tue, 30 Oct 2018 14:47:20 -0500
It's felt harder than ever to avoid political conversations since the 2016 election, even (maybe especially) in the workplace. We'll look at how employers are handling tough conversations. But first, an unintended consequence of Disney's acquisition of 21st Century Fox: It has to give up 22 regional sports networks, which could be a business opportunity for team owners and new tech players. Plus, HBO has a new job on its sets: intimacy coordinator. 
audio When the family business is the Lakers
Mon, 29 Oct 2018 14:31:46 -0500
The Los Angeles Lakers are more than just a basketball team. They are also a company worth $3.3 billion, one of the most successful franchises in the NBA. Fundamentally, the Lakers are an entertainment company with outsized influence. Today we'll talk with Jeanie Buss, CEO and co-owner of the team, who took over for her father in 2013. But first: consumer spending is up for the seventh straight month, but income doesn’t seem to be keeping up. What does that say about the economy? Plus, gaming out a global economy without German Chancellor Angela Merkel. 
audio The internet is backed up on tape
Fri, 26 Oct 2018 14:10:03 -0500
Economic growth was strong last quarter, but trade tensions did not go unnoticed. We'll take apart the gross domestic product and see what it can tell us about the economy's push and pull. Then, a look at tech news both big — falling user numbers that threaten Snapchat and Twitter — and small: Why do movies on your Netflix account look different from your friend's? Plus, the old school tech and legal drama behind cloud storage and the magnetic tape that powers it.
audio It's time for some game theory
Thu, 25 Oct 2018 15:00:00 -0500
No, really. We're looking at where the trade war might be going, with seemingly no product off-limits, even water. How's it all end? We'll game it out. Then: New York State is suing ExxonMobil for misleading the public on the risks associated with climate change regulations. As the world gets hotter, will more governments and companies sue over liability? Plus,  a conversation with Audrey Gelman, who runs of the women’s co-working space The Wing.
audio Fancy coffee arms race
Wed, 24 Oct 2018 15:00:00 -0500
Dropping the "Donuts" from its name could be pretty expensive for Dunkin'. The chain is revamping its menu and adding fancy drinks to compete with Starbucks, and that means outfitting stores and retraining thousands of employees. Then: Eighty percent of voters think that it should be illegal to deny coverage for pre-existing conditions. Candidates on both sides of the aisle have taken note, and we'll look at how that's reshaping midterms. Plus, we'll do the numbers on a rough day for Wall Street.
audio RuPaul: the man, the queen, the legend
Tue, 23 Oct 2018 14:00:15 -0500
Yeah, we're going to talk about the trade war and corporate earnings today. We'll do the numbers, too. But let's be honest: The main event is Kai Ryssdal's conversation with RuPaul. They got coffee in West Hollywood last week to talk about the business Ru has built on drag and how he became the "Queen of Queens." Plus, what the holiday season will look like without Toys R Us.
audio Tech is already disrupting legal pot
Mon, 22 Oct 2018 15:00:00 -0500
Midterm elections are just a couple weeks away, and record donations are flowing to congressional candidates. All told, we're looking at $5 billion this year, up from 2016's congressional races and President Barack Obama's first midterms in 2010. One reason? Billionaires are lavishing more of their cash on politicians. Then, FICO scores are getting a makeover, and that could mean a boost for your credit. Plus, recreational marijuana has been legal in California for less than a year, and the industry's already seeing a tech disruption. We'll take you inside the emerging pot-on-demand business.
audio Bad data killed the video star
Fri, 19 Oct 2018 15:00:00 -0500
China’s economic growth hit a 10-year low in the third quarter, the lowest since the financial crisis. Consumers are showing signs of consuming less. We'll look at what that means for the economy at large. Plus, we hear from an Irish farmer at the Northern Ireland border about how Brexit affects him. Then we'll tell you everything you need to know about Facebook's scandal involving a pivot to video. But first, we'll recap the rest of the week's business and economic news.
There’s been a lot of talk lately about the budget deficit. At last count, it's up 17 percent over last year — the government spent $779 billion more than it collected in taxes. Seems we're paying the price for one of the biggest tax cuts in history. But wasn't that cut supposed to pay for itself? Then: African-Americans are more scared of a recession than white Americans, according to the latest Marketplace-Edison Research Poll. We'll look at how communities of color are still recovering from the last recession. Plus, the big business of disaster cleanup.
audio China's secret weapon
Wed, 17 Oct 2018 15:00:00 -0500
A majority of Americans believe the United States is in a trade war with other countries, according to the latest edition of the Marketplace-Edison Research Poll, which is out today. As trade tensions with China increase, so too has the concern that the country could weaponize its large holdings of U.S. debt, selling its reserves suddenly in an attempt to destabilize the U.S. economy. We'll talk about what that could mean for the trade war. Then, we talk with five participants from our poll about what financial security means to them. Plus, the big business of secondhand luxury with the CEO of The RealReal.
audio When does the deficit start to matter?
Tue, 16 Oct 2018 15:00:00 -0500
Corporate tax cuts from earlier this year have helped drive up the deficit, and lawmakers are debating ways to pay it down. We'll look at how the deficit works and how politicians like to use it. Then, the U.S. posted more than 7 million jobs in August. Why are so many of them in transportation? Plus, 10 years after the financial crisis, Americans are still less likely to own a home than before the crash. We'll look at what's keeping them out of the market.
Gibraltar, on the southern tip of Spain, is a British territory. It’s also one of Europe’s most prosperous economies. But could Brexit change all that? We'll take a closer look at the territory caught in the middle. Then, an unintended consequence of the trade war: As the Trump administration doles out $12 billion in aid for farmers hurt by tariffs, a lot of produce has found its way to food banks. Plus, what the disappearance of journalist Jamal Khashoggi could mean for the American and Saudi economies.
audio Here come the consultants
Fri, 12 Oct 2018 15:00:00 -0500
With an avalanche of tariffs to navigate, companies are facing a lot of uncertainty over how to plan ahead. Meanwhile, business is booming for trade consultants. We'll talk about it, but first: mortgage rates have hit a seven-year high, and Obamacare prices are dropping for the first time. What's going on? Plus, how nonprofits fund raise after scandal.
audio What's better than no fees? Negative fees.
Thu, 11 Oct 2018 15:00:00 -0500
Roughly one in three people in the United States have less than $5,000 in retirement savings, but for those lucky enough to have some money stashed away, the cost of investing has been getting lower and lower. Management fees for mutual funds have dropped to fractions of a percent over the last decade, and some funds have no fees. So what's driving the fee wars? What do institutions get out of it? We'll talk about it. Then, a conversation with Ahmir Khalib Thompson, better known as Questlove of the legendary Roots crew, about deciding to accept his biggest job offer. Plus, what you need to know about this week's market turbulence.  
audio Register to vote or die
Wed, 10 Oct 2018 06:00:00 -0500
We're a couple weeks away from the midterm elections, and it's crunch time for voter registration. Political organizations and campaigns have spent millions on voter registration efforts targeting young and diverse voters, but will it work? Also on today's show: Amid trade tensions, the value of the Chinese yuan has been falling against the dollar, which has both the United States and China worried. Plus: How YouTube is changing parenting and the entertainment industry for children.
audio R.I.P., Google Plus
Tue, 09 Oct 2018 15:08:08 -0500
We hardly used ye. Google is phasing out its social platform Google Plus after a massive data breach. We look at how this could affect Google’s business model. Also on today's show, the International Monetary Fund predicted in its global economic forecast that trade disputes and turbulent emerging markets will slow global economic growth. And, are electric scooters all that bad, or are they a sign of where our transportation system is headed? A report on the electric scooter craze from Los Angeles. Plus, another installment of #HowWeChanged, the series exploring how the financial crisis changed people’s lives. This time we hear the story of a banker who left the chaos behind to live in a monastery.