Marketplace® is the leading business news program in the nation. We bring you clear explorations of how economic news affects you, through stories, conversations, newsworthy numbers and more. The Marketplace All-in-One podcast provides each episode of the public radio broadcast programs Marketplace, Marketplace Morning Report® (First Edition and Mid-Day Update), Marketplace Tech® and Marketplace Weekend®, in addition to our digital-only podcasts. Visit marketplace.org for more. From American Pub...more
It’s not easy being an undercover cop in a county with just 40,000 people. But drugs were making it hard for Bucky Culbertson to run his business, so now he makes his business getting rid of drugs. Subscribe to The Uncertain Hour wherever you get your podcasts.
As tech and finance businesses have loosened up their dress codes in recent years, one garment has ascended to near ubiquity: The Vest. Usually fleece, worn over casual business attire with a company logo on the right breast, the vest is a big part of the way business looks right now. Today, we look at why. Plus: Why T-Mobile wants in the banking business, and who's really to blame for slow Brexit negotiations.
The number of new homes being built in the U.S. drops to its lowest level in two years. People owed money by nearly bankrupt Sears are suing the company's CEO in hopes of getting paid. Plus, Congress is considering renewing a grant to help the former boom towns along storied Route 66, which have turned into ghost towns over the decades. Today's show is sponsored by GAIN Capital Group and Wasabi Hot Cloud Storage.
A recent report finds the "new NAFTA" will benefit the U.S. economy. Amazon and Walmart are now accepting the modern version of food stamps. Plus, how are prisons dealing with the opioid epidemic? Today's show is sponsored by GAIN Capital Group and Wasabi Hot Cloud Storage.
From the BBC World Service… Employees of India's troubled Jet Airways are holding more demonstrations today in New Delhi. The company halted operations Thursday after failing to secure emergency funding. Then, we take you to St. Paul's Cathedral in London, a landmark that's been destroyed and rebuilt four times in its history, to chat about why funding preventative preservation and restoration efforts of historic buildings is so challenging. Today's show is sponsored by GAIN Capital Group and W...more
This week the European Parliament passed a law establishing basic rights for workers in the gig economy. It could apply to some 3 million people, everyone from Uber drivers to couriers for the United Kingdom's Deliveroo. The law requires companies to pay when work is canceled last minute or for mandatory training. It also bans "exclusivity clauses," which prevent freelancers from "gigging" for other companies. It's supposed to make working short-term gigs a little more stable. Marketplace’s Amy ...more
With the new "Avengers" movie poised to dominate screens in about a week, you’d think there wouldn’t be room for anyone else in the superhero landscape. Tell that to Ben Edlund, creator of “The Tick,” a show and character that’s found a small but lasting foothold in superhero culture. We also examine the struggles faced by regional grocery stores and how Texas factors into the discussion about immigration and the economy.
Consumers give the economy a much needed bump. China Mobile, the world largest cell mobile phone operator, wants to expand into the U.S., but regulators want to keep the state-owned company out. Plus, the movie industry is putting pressure on Georgia as lawmakers consider a bill restricting abortions. Today's show is sponsored by BitSight Technologies, Wasabi Hot Cloud Storage and Indeed.
By most indications, the U.S. economy is booming. However, workers of color are seeing fewer gains from this growth than their white counterparts. The video conferencing company Zoom goes public today, so why is the tech still so bad? Plus, electric vehicles are making a splash in China. Today's show is sponsored by BitSight Technologies, Wasabi Hot Cloud Storage and Indeed.
From the BBC World Service… It's not often we hear about e-commerce behemoth retreating in any market it's entered. But today, Amazon is preparing to close its online store that connects local buyers and sellers. Then, Bank of England Governor Mark Carney launched a new initiative for 34 central banks to "green the financial system." It comes as a group called Extinction Rebellion takes to the streets of London to protest inaction on climate change. We speak to one of the participants and the BB...more
Last year, California passed the California Consumer Privacy Act, which requires companies to be more careful in the way they handle consumer data. It doesn't go into effect until next year, and it's still a work in progress. Host Molly Wood checked in with Jessica Lee, a partner at the law firm Loeb & Loeb advising clients on data privacy regulations. She said some companies are plowing ahead while others are trying to remake things in their favor. Today's show is sponsored by the University o...more
For most people, buying or selling a house is the biggest single financial transaction they'll ever make. But it's an emotional process, too — is that thing you love about your home turning off buyers? Today, our housing reporter revisits her childhood home 30 years later and discovers just how much homeownership has changed — and stayed the same. Plus: The big business of Queen Bey and why luxury retailers are getting in the secondhand clothing business.
Germany lowers its growth expectations, but is slowing in the European economy a forgone conclusion at this point? A new study finds all those work programs to get you to stay fit don't actually do much. Plus, we take a look at how some companies' embrace of minimalist branding and fonts can be good for business. Today's show is sponsored by BitSight Technologies, Capitol One and Wasabi Hot Cloud Storage.
Apple and Qualcomm settle their lawsuits over patent royalties. Tobacco stocks surge after a pro-regulation FDA commissioner leaves the agency as companies turn to vaping. Plus, Emporia, Kansas -- once called the "best small town in America to escape from" by "The Onion" -- is making it clear that brain drain is no joke. Today's show is sponsored by BitSight Technologies, Capitol One and Wasabi Hot Cloud Storage.
From the BBC World Service… China's economy grew faster than expected in the first quarter, but at a slower pace than it did a year ago. Is the world's second-biggest economy beginning to shake off the impact of its ongoing trade spat with the United States? Then, economic growth and job creation are two big issues for voters in Indonesia today who are electing their next president. We'll take you to a polling station to talk about how people there are deciding for whom to cast their ballots. Pl...more
In a new book, Janet Napolitano, the former head of the Department of Homeland Security, says it is "impossible to overstate the urgency of improving our country's cybersecurity." She says we're vulnerable all over the place, from critical infrastructure like utilities and 911 dispatch systems to our elections and our personal data. Host Molly Wood spoke with Napolitano about her new book "How Safe Are We? Homeland Security Since 9/11." Today's show is sponsored by Oregon State University and A...more
We're headed for the biggest year of IPOs since the '90s dot-com boom. Lyft just went public, valued at $26 billion, with Postmates and Uber set to follow. Vested employees will become overnight millionaires, but what about the millions of independent contractors who deliver the food and drive the passengers? Lyft relies on its 1.4 million freelance drivers who earn, on average, $17.50 per hour with no benefits or organizing power. What's that mean for the U.S. workforce? We get smart on the gig...more
Chances are you won’t be traveling on a Boeing 737 Max during your summer vacation. Southwest, American and United airlines have canceled their flights with the plane through summer. For airline schedulers, the year's busiest season is going to get even more complicated. Plus, a new study from the Federal Reserve Bank of New York found the 2017 tax overhaul may have caused a decline in new home sales last year. We'll look into it and play you a first-person account of addiction from this season ...more
It turns out fears of a global economic slowdown might have been overblown, at least as far as investors are concerned. After efforts to make visits to the mall "experiential," the former monuments to capitalism are still struggling to attract shoppers. Plus, despite its infamous history, moonshine is making a comeback. Today's show is sponsored by the Alliance for Lifetime Income, Acquia and Wasabi Hot Cloud Storage.
For those lucky enough to get refunds this tax season, it might be time to attend to that medical issue they've been putting off. AT&T is selling its stake in Hulu, which is now valued at $15 billion. Plus, what happens when you try to trademark a business the name of which you can't say on the radio? Today's show is sponsored by the Alliance for Lifetime Income, Acquia and Wasabi Hot Cloud Storage.
From the BBC World Service... It's still there: That’s the sentiment from Parisians waking up this morning and seeing the outline of the Notre Dame cathedral in the skyline after a fire raged through it overnight. But what happens next is complicated since ownership of the 850-year-old structure is tricky, and costs for rebuilding are likely to mount as damage is assessed in the coming days. Then, Foxconn's chairman hints at a presidential run in Taiwan. Then, a look at the cultural significance...more
Today, most video conference calls are full of pauses, delays, garbled audio and unusable interfaces. Last year a Gallup Poll found that 70% of employees around the world work remotely at least once a week, and more globalization means more remote offices and bureaus. Video conferencing company Zoom goes public on Thursday, promising to make customers happier with their meetings. Marketplace Tech host Molly Wood talked to Nick Barber, an analyst at Forrester Research, about the current state of ...more
Just 10% of taxpayers file by mail these days, but Tax Day used to be a big deal for U.S. post offices, there were protests and parties. Today, we take a trip to the tax-filing past. Plus, the most audited county in the United States and the latest in the negotiations between Hollywood's writers and agents.
The International Monetary Fund warns about a global slowdown. With Donald Trump's continued criticism of the Federal Reserve, European central bankers are concerned about its independence, warning U.S.-China trade tensions have prompted "a delicate moment" for the global economy. Plus, on tax day, we hear why one family decided not to go DIY this year. Today's show is sponsored by BitSight Technologies and Wasabi Hot Cloud Storage.
American Airlines and Southwest have extended their flight cancellations through August due to the grounding of its Boeing 737-MAX fleets. Staying very much on brand, the White House declares Monday "Tax Cuts Day." But the only thing slashed for the average taxpayer this year was their refund. Plus, Netflix raises its subscription prices. Will the hike pay off for the company and its viewers? Today's show is sponsored by BitSight Technologies and Wasabi Hot Cloud Storage.
From the BBC World Service… India's oldest private air carrier, Jet Airways, is trying to secure emergency funds to keep it in operation. Our correspondent outside the company's headquarters in Mumbai calls it a do or die moment not just for the airline, but for the pilots and staff who haven't been paid in at least four months. Then, whether or not you eagerly anticipated the premiere of the final "Game of Thrones" season, there's no denying the hit TV show has fans all around the world. And ov...more
Tesla announced late last week that all its cars will now come with its semi-autonomous driving technology, called Autopilot, as a standard option. And Tesla is pushing hard toward fully self-driving cars. It will hold an autonomy investor day April 22 to tell shareholders how it plans to get there. But other companies are pulling back. Host Molly Wood talked with Jack Stewart, Marketplace’s transportation reporter. He said next week is about Tesla staking its self-driving claim. Today's show is...more
It’s the deadliest drug epidemic our country has ever faced. We go to ground zero, where “nothing changes except for the drug.” Subscribe to The Uncertain Hour wherever you get your podcasts.
The House of Mouse revealed its new streaming service yesterday, Disney+. It launches in November and will cost $6.99 a month, just under Netflix's cheapest plan. Today we look at what Disney brings to the streaming war and the consumer psychology behind pricing these services. Plus, we talk with the the showrunner of "The Chi" and a look at the companies disrupting the $7.2 billion bra business
Big banks are out with positive earnings reports just days after several CEOs faced off with lawmakers on The Hill. Jumia, Africa's answer to Amazon, begins trading on the NYSE (the jingle alone is worth the listen). Plus, we explore how prosecutors and judges are now looking at alternative sentencing programs, like community service, to avoid the consequences and costs of incarceration. Today's show is sponsored by Panopto and Wasabi Hot Cloud Storage.