Marketplace

Weekdays 6:30-7 PM, replay 10:30-11 PM
  • Hosted by Kai Ryssdal

In-depth focus on the latest business news both nationally and internationally, the global economy, and wider events linked to the financial markets. The only national daily business news program originating from the West Coast, Marketplace  is noted for its timely, relevant and accessible coverage of business, economics and personal finance.  

This was supposed to be infrastructure week, remember? It turned out a little bit differently. Catherine Rampell of the Washington Post and Nela Richardson of Redfin joined us to talk about it. With the recent jobs report stirring fears of inflation, are we worrying too much about rising prices in the economy? Then: We're going to be borrowing a lot of money in this economy over the next eight to 10 years, yet White House advisers, including Council of Economic Advisers chair Kevin Hassett have basically said, "Deficits? Meh." We'll explain the fiscal flip-flop in the Republican Party.

What TV can teach the movie business about diversity

Feb 16, 2018

Tanya Saracho is the creator and showrunner of the Starz original scripted drama “Vida,” which centers around two Mexican-American sisters who return to east Los Angeles after their mother dies. While preparing to put the final touches to an episode with her editor, Saracho reflected on how all this was made possible, thanks to a meeting with Marta Fernandez, the senior vice president of Original Programming at the Starz network. “To have an executive who was Hispanic was amazing, ‘cause you don’t go into these meetings and see, you know, people like you,” she said.

That emoji you just tweeted could determine the next ad you see

Feb 16, 2018

What do egglplant, fire and the number 100 all have in common? They're all emojis that have twisted and evolved in meaning.

As those little digital images change how we communicate, they've also transformed how advertisers track our interests.

Since 2016, Twitter has sold data of people’s emoji use to advertisers, allowing companies to send people specific ads based on the emojis they tweet.

Do corporate wellness programs work?

Feb 16, 2018

Robert Granger stands on a thick, blue, padded mat and stares up a rock-climbing wall covered in rainbow-colored, hand-and-foot holds. It looks like like someone threw a handful of skittles at the wall and they stuck.

“It’s a really good place to unwind and think about something else,” he said, during breaks between ascents. “The nice thing is you have to use your mind, as well as body, doing this. It takes your mind off anything else.” 

What does the gender wage gap sound like?

Feb 16, 2018

The U.S. lags behind Iceland, Rwanda and Nicaragua when it comes to pay equity for women. That's according to a recent report from the World Economic Forum. In the U.S., on average, women earn 80 cents for every dollar men make, according to the Department of Labor. Why? There are more men work in higher-earning professions. But sometimes men just get paid more. When women find out a male colleague is making more money for the exact same job, it can spur them to action.

02/16/2018: Money, ethics and emojis

Feb 16, 2018

This week: A story about the financial holdings of the Trump administration, our national ethics laws and whether these things matter. Plus, what the gender wage gap sounds like, a chat with the designer of Michelle Obama’s portrait dress and a story about how advertisers track every emoji we use. Also, why we should all care about the country’s debt. 

This week, former First Lady Michelle Obama's official portrait was unveiled to much oohing and ahing at the National Portrait Gallery.

"I'm also thinking about all of the young people, particularly girls and girls of color, who in years ahead will come to this place, and they will look up, and they will see an image of someone who looks like them hanging on the wall of this great American institution," Obama said at the presentation.

Things turned out a little differently though. That's how we'll start today's episode, reflecting on the week in deficits, inflation and immigration. Then we examine the growing trend of online retailers expanding to brick-and-mortar stores. Amazon's doing it, and now Warby Parker announced plans to bring its number of stores to about 100 by the end of the year. Plus, what you need to know about esports.

Should you worry about the national debt?

Feb 16, 2018

Early this week, the Trump administration released a $4.4 trillion federal budget proposal. What's caught several people's eye is that the GOP is usually anti-deficit, but this proposal would add to the deficit and increase the national debt. Mick Mulvaney, Trump's budget director, while defending the proposal in front of Congress, admitted that if he was still a representative from South Carolina, he would have opposed the budget.

A growing chorus of ethics officials, including the acting director of the U.S. Office of Government Ethics, warns that President Trump's conduct related to his business interests is causing a dangerously negative public perception of the nation's ethics system.

"These are perilous times," said David Apol, acting director of the Office of Government Ethics. His comments came in a rare interview earlier this month that happened to be the same day President Trump nominated someone to replace him.

(Markets Edition) Foreign countries hold about $6 trillion of the $20 trillion worth of Treasury bills, notes and bonds that the U.S. government has issued. China is one of them, but it turns out that U.S. debt is becoming less attractive to China and other countries. We'll talk to Chris Low — chief economist at FTN Financial — about why they're starting to back off. Plus: How one Seattle nieghborhood is fighting airplane noise.

When 19-year-old Italian figure skater, Matteo Rizzo, hit the ice for his free skate, it felt like his routine could have been programmed by a classic rock station.

Rizzo used a medley of "Come Together," "Let It Be," and "Help!" written and performed by the Beatles.

Steve Winogradsky, author of “Music Publishing, The Complete Guide,” said the question for figure skaters at the Olympics who want to use a particular song is pretty simple. 

“Do they need to get permission? And the answer is no,” he explained.

According to the video game market research company SuperData, one in three people on the planet play video games on their computer or phone. That’s two and a half billion people. And esports — competitive video game playing — has exploded over the last couple of decades. It’s now a $1.5 billion business. 

One Seattle neighborhood is fighting airplane noise

Feb 16, 2018

María Batayola says the planes flying over Seattle’s Beacon Hill neighborhood are so loud they wake her up in the middle of the night.

“I remember running to my son and saying, ‘Is there a war?’” she recalls. “’Cause it feels like it’s so low. Not only is it a stressor, it impacts your sleep.”

(U.S. Edition) A group of Chinese-based companies has been trying to buy the Chicago Stock Exchange, but the Securities and Exchange Commission has finally given an answer and it's...no. On today's show, we'll look at why the SEC is putting a halt to the deal, and what the Chicago Stock Exchange's parent company could do next. Afterwards, we'll discuss the state of the housing industry, and then find out how figure skaters at this year's Winter Olympics are getting the chance to skate to pop songs. Who pays for the rights to use them?

(Global Edition) From the BBC World Service … Young buyers have long been considered the “lost generation” when it comes to home buying. But we’ll delve into new figures out this morning that show that while that might be true in Britain, the trend has actually started to reverse in America. Then, the growing economic and humanitarian crisis in Venezuela has led to tens of thousands of residents to flee to the north of Brazil. We’ll explain why authorities there are now declaring a state of social emergency to cope with the high number of immigrants.

Black Twitter is a force for activism

Feb 16, 2018

Twitter has the power to shape global conversation. And it’s become a way for marginalized communities to garner attention for the issues that matter to them. Case in point: Black Twitter.

According to Pew Research, young black Americans use Twitter more than any other platform. And they’re discussing topics like racial injustice, police shootings, and representation in entertainment.

The Source Code: Feminista Jones

Feb 16, 2018

The activist and writer known as Feminista Jones was one of the first to highlight the role Twitter plays in creating a community for activists.  She and Marketplace Tech host Molly Wood spoke for longer than time on the radio would allow — they talked about the origin of Black Twitter, and whether or not it's affecting mainstream culture. 

You can listen to the entire interview in the audio player above, as part of "The Source Code." 

Twitter has the power to shape global conversation. And it’s become a way for marginalized communities to garner attention for the issues that matter to them. Case in point: Black Twitter. According to Pew Research, young black Americans use Twitter more than any other platform. And they’re discussing topics like racial injustice, police shootings and representation in entertainment. Marketplace Tech host Molly Wood spoke with the author and activist known as Feminista Jones about the cultural significance and influence of Twitter as a platform for black activism. 

Eurozone growth recovers

Feb 15, 2018

Remember the eurozone debt crisis? At its height — only a few years ago — the bloc of 19 nations using the euro as its single currency — looked as if it might implode. Debt-ridden economies like Greece, Portugal, Ireland and even Spain came close to collapse. Today, everything looks much healthier. The latest figures from the European Commission in Brussels show that the EU (and the eurozone) grew at 2.5 percent last year. That's the fastest rate of growth in a decade. What’s going on?

 Click the audio player above for the full story.

The NRA hasn’t always been the NRA

Feb 15, 2018

The National Rifle Association spent about $5 million lobbying Congress last year. That's up from around $1.5 million 10 years ago, according to the Center for Responsive Politics.  But the NRA is not just a Washington lobbying powerhouse. Its reach extends across the country.  

Click the audio player above for the full story. 

Inflation pressure evident at producer level

Feb 15, 2018

The producer price index for January rose 0.4 percent month-to-month, and 2.7 percent year-to-year. Core producer prices, excluding volatile food and energy prices, were up 2.2 percent year-to-year. Producer prices remained muted after the Great Recession as economic growth was sluggish, but upward price pressure appears to be building at both the wholesale and retail levels now, as the labor market approaches full employment and economic activity ramps up, creating supply and labor bottlenecks.

Google begins blocking "annoying" ads on Chrome

Feb 15, 2018

Google earns roughly 90 percent of its income from showing you ads online, so it might seem counterintuitive that the company’s Chrome browser will now automatically hide all ads on websites that use certain annoying and intrusive kinds of advertising.

Racial discrimination in the home loan industry used to be explicit and legal: Redlining indicated neighborhoods where African-Americans and other people of color lived, and encouraged banks not to lend there. Now it looks a bit different.

More U.S. cities are talking about opening supervised places for addicts to inject their drugs, including San Francisco, with a target opening date of this summer.

What's that saying? You can't manage it if you don't measure it? Everybody's got their own answer about how to stop mass shootings, but nobody has substantive data. That's because there's effectively a ban on spending federal money for research on gun violence. Then: We know the National Rifle Association spends big on lobbying, but thinking of the NRA as just a Washington powerhouse lobbyist obscures its actual impact in this economy. Plus, what you need to know about Google's new ad blocker.

(Markets Edition) Amid all the hubbub about the Consumer Price Index's inflation figures yesterday, retail sales were looking a little low. Diane Swonk, chief economist at accounting firm Grant Thornton, joined us to explain why and what tax refund delays may have to do with it. Afterwards, we'll talk to Stephan Richter — editor in chief of the publication The Globalist — about the cheap costs of living in Germany. 

Even for cryptocurrency traders, the taxman cometh

Feb 15, 2018

As more people invest in cryptocurrency, will they report gains or losses to the IRS? One tax preparer says only a fraction of tax filers have reported cryptocurrency investments so far. How much money could the IRS be missing out on? And what should cryptocurrency traders be aware of when it comes to possible tax consequences?  

Click the audio player above to hear the full story. 

02/15/2018: The tax-dodging device known as bitcoin

Feb 15, 2018

(U.S. Edition) Cyril Ramaphosa will take power as South Africa's president after Jacob Zuma stepped down amid corruption allegations. On today's show, we'll look at Ramaphosa's political experience, along with the type of economy Ramaphosa will inherit. Afterwards, we'll discuss how people who own cryptocurrencies aren't disclosing their gains on their tax returns.

(Global Edition) From the BBC World Service … After months of pressure to resign, embattled South African president Jacob Zuma will leave office today. We’ll tell you what’s next for the nation and how its new leader will try to revive the battered economy.  Then, Iranian authorities have arrested nearly 100 currency traders and shut foreign exchange bureaus – all aimed at trying to stop the Rial falling in value amid concerns the nuclear deal with the U.S. could collapse. Afterwards, custom-tailored clothing is nice to have, but can hit your wallet hard.

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