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.  

5 things to ask a potential financial planner

Nov 10, 2017

Whether your finances are in order or you need a little help, advice from a professional with financial know-how can be useful. But Marketplace Weekend listener Dan Nimlos asked for a little more help:

Ask a Manager: Is it OK to microwave fish in the break room?

Nov 10, 2017

There's no getting around it. If you spend eight hours — or more — at work every day, at some point, you need to eat. Maybe it's a sandwich or a salad. Some cold leftovers. And there's always someone who microwaves something incredibly fragrant, like fish or broccoli. 

Ask a Manager's Alison Green joined Marketplace Weekend to talk about the best ways to keep everyone happy while dealing with the sensitive topic of food at work. 

We put this out on the internet, and we found that there were tons of complaints about food at the office.

S02-2: The Peanut Butter Wars

Nov 10, 2017

It's 1959 and Ruth Desmond, the gurney-climbing, cook-from-scratch co-founder of the Federation of Homemakers was prowling the halls of the FDA, about to earn her "peanut butter grandma" namesake. She stumbled upon this unassuming, but ultimately history-changing memo. It was four little paragraphs, a proposal to regulate one of the most popular foods in the country.

As women speak out on sexual harassment, investors take note

Nov 10, 2017

As more and more sexual harassment claims come to light against powerful men, it's been a wake-up call across our culture. Especially for for corporations and investors, according to a recent article from Barron's magazine:

11/10/2017: A lifetime access to education

Nov 10, 2017

(Markets Edition) Let's dive into taxes again. Because the Senate has a different proposed tax bill than the House's, we'll examine their different takes on local and state deductions. Afterwards, we'll look at a new GI Bill that would allow veterans to access money for college throughout their entire lives. 

The U.S. marks another Veterans Day this weekend, with Americans preparing to honor the more than 20 million veterans who have served to protect their country. Veterans made headlines earlier this month when the Department of Labor announced that the veteran unemployment rate dropped to a record low of 2.7 percent.

However, there is more to veterans’ economic well-being than that figure from the headlines. Let’s take a closer look:

There are more than 21 million former service members in the U.S. and about half of them use the GI Bill to pay for higher education. President Donald Trump updated those benefits in August, signing the Harry W. Colmery Veterans Educational Assistance Act (what’s now being called the “Forever” GI Bill). Instead of a 15-year time limit, this new bill lets recent veterans access money for college throughout their lives.

Tax cuts = math problem for lawmakers

Nov 10, 2017

Senate Republicans’ tax proposal seeks to preserve medical deductions. That’s one of the proposed provisions revealing that the House and Senate don’t entirely agree on how to pay for promised tax cuts.

Click the audio player above to hear the full story. 

Senate proposal delays corporate tax rate cut

Nov 10, 2017

Republicans in the Senate unveiled their tax bill yesterday. It proposes a delay the corporate tax cut that President Donald Trump says is crucial to spurring economic growth. The House plan would have cut the top corporate tax rate from 35 percent to 20 percent beginning next year. The Senate wants to delay that until 2019.

Click the audio player above the hear the full story. 

11/10/2017: A House vs. Senate showdown over taxes

Nov 10, 2017

(U.S. Edition) The Senate has released its version of a tax bill, which clashes with the House's. One of the biggest differences is that the Senate wants to lower the corporate tax rate a year later than expected. We'll look at why they're pushing for a 2019 cut. Afterwards, we'll dive into another major point of contention between both chambers of Congress: whether or not to get rid of medical deductions. Then to cap off today's show, we'll discuss Trump's ability to get the deals he says he wants when it comes to trade.

11/10/2017: Competing visions for global trade

Nov 10, 2017

(Global Edition) From the BBC World Service …U.S. President Donald Trump said in a speech to world leaders he won’t tolerate trade abuses anymore. We take you to the Asia Pacific Economic Corporation summit in Vietnam to show you the competing visions for world trade. Afterwards, life in Venezuela already means lining up to buy basic goods thanks to high inflation rates. We take a look at what fresh U.S. sanctions against 10 Venezuelan officials means for the country’s democratic rule.

The role of accelerators in upping diversity in tech

Nov 10, 2017

When Michael Seibel became Y Combinator's first African-American partner in 2014, he had a goal of increasing the number of companies founded by women and people of color

Accelerator programs, generally, provide early stage funding to batches of startups along with mentoring. Seibel is an alum of Y Combinator himself. He went through the program first as co-founder of Justin.tv, which later became Twitch, and then again with the company Socialcam, a mobile video app that was acquired by Autodesk.

It’s no secret that the tech industry has a diversity problem. According to data from the Project Diane data initiative, less than 1 percent of venture funding goes to companies founded by African-American women, for example. Marketplace’s Amy Scott talks with Michael Seibel, the first African-American to become a partner at the tech accelerator Y Combinator, about making it a priority to fund companies run by women and people of color.

The gaming industry's rise to the top

Nov 9, 2017

It’s Explainathon time again, and while no questions technically stumped Kai and Molly, they were unsure when it came to the exact numbers on the rise of video game sales.

That's what policy analyst Barmak Nassirian said when he saw the tax bill. He was thinking of the graduate students who work as research assistants and take advantage of certain tax breaks to offset the cost of their education, which is one of the deductions Republicans working on the bill are looking to slash. Continuing with tax overhaul analysis, we discuss whether cutting corporate taxes will actually bring jobs back to the U.S., since the tax bill can't change the dynamic of the global economy.

Chicago's decaying water system is delivering disparate rates

Nov 9, 2017

Chicago's water infrastructure is in decay, according to a two-part report in the Chicago Tribune. The report details a state of crumbling infrastructure and widespread pricing disparity in the distribution of municipal water around the Lake Michigan region.

The Trump administration has said that high corporate taxes in the U.S. drive jobs overseas so, in theory, cutting taxes will bring back jobs, or create new ones. But, lower corporate taxes are not at the top of the list for many companies when deciding where to locate a workforce.

Click the audio player above to hear the full story.  

As the United Nations climate change talks continue in Germany, the U.S. could see an increase in commitments to the cause — from states, not federal programs. The governors-elect of Virginia and New Jersey want to add their states to the Regional Greenhouse Gas Initiative. The cap-and-trade program includes nine states already, and the addition of Virginia would grow the amount of pollution the program covers by about 50 percent.

Click the audio player above to hear the full story. 

Gary Cohn, President Donald Trump's chief economic adviser, told CNBC this morning that it would be hard for the current tax bill to reduce federal tax rates further for a family earning median income without going into negative tax rates. But federal income tax is just one kind of tax that everyone pays. 

Click the audio player above to hear the full story.

The newest food hall in Los Angeles opened in September on the ground floor of the Corporation Building, a 14-story high-rise in the heart of downtown, that was recently flipped into creative offices. David Takacs spent a recent lunch hour on the patio with an $11 bowl of fresh ravioli.

“I woke up dreaming of this pasta,” Takacs said. “So I’m happy to actually fulfill that dream today.”

The Senate has released its own tax proposal with changes that are significantly different from the recently released House tax plan.

This version could be a major obstacle for the Republican White House, which has been pushing for tax reform to happen by the end of the year. President Donald Trump will need both proposals to be identical before he can sign legislation.

How do you report sexual harassment in politics when there's no HR?

Nov 9, 2017

Sexual harassment allegations are entering national politics for the first time following the Harvey Weinstein allegations.

Shell companies have a bad rap. Not only are they often associated with storing cash abroad to avoid taxes but they have also been used to hide people’s ties to all kinds of transactions and investments. It is no surprise then that setting up a shell company, while not exactly illegal, is often controversial.

Congress has a serious problem with sexual harassment and assault, according to California Rep. Jackie Speier. She said that's in part because members and staff aren't required to undergo sexual harassment training — something commonplace in corporate America. 

11/09/2017: The mad scientists at Wendy's

Nov 9, 2017

(Markets Edition) The Senate is expected to unveil its tax plan today, which is reported to have significant changes from the House's version. Diane Swonk, CEO of DS Economics, stopped by to walk us through some of these potential differences, which may include the speed or rate at which corporate taxes are cut. Afterwards, we'll look at how Wendy's is trying to attract more customers by turning one of its oldest restaurants into a "laboratory."

The holiday season is approaching, and there are reports that department stores, including Kohl’s, Macy’s and Nordstrom are ordering less inventory. After a year of declining sales and foot traffic, these retailers don’t want piles of unsold stock eating into their profits. But are they risking empty shelves and disappointed shoppers?

Click the audio player above to hear the full story. 

The debate over drilling in Alaska’s Arctic National Wildlife Refuge has returned to Washington, this time tied to the fast-moving tax bill on Capitol Hill. Bill supporters hope that opening up the arctic to more federal drilling leases could generate $1 billion in federal revenue. But some market projections put the amount at far less than that.

Click the audio player above to hear the full story. 

(U.S. Edition) President Trump is returning from China with $250 billion in deals in tow, including one between the country and Boeing. But not everyone's impressed. On today's show, we'll look at some of the reasons American companies are worrying that these deals do little to address their key issues. Afterwards, we'll talk to Vicki Magley, professor of psychology at U Connecticut, about conducting effective sexual harassment training in the workplace. 

Wendy's turned an old restaurant into a test lab

Nov 9, 2017

Picture the inside of a fast food restaurant. Big menu board, plastic booths, those brown trays, sticky with ketchup from the last customer … the kind of place you get in and get out.

The Wendy’s in Columbus, Ohio’s, Clintonville neighborhood takes a different approach. Rajeev Sabharwal, an executive at Wendy’s, is standing on the restaurant’s outdoor patio, underneath a string of twinkle lights.

"We've got the heat lamps over here, we've got some real nice, comfortable couch seating sitting out here, so something like you'd see in your backyard," Sabharwal said. 

Is the era of bank secrecy over?

Nov 9, 2017

Switzerland, Luxembourg, Panama and now Paradise. The leak of tax documents purporting to show the ways that individuals and multinational corporations avoid taxes seems to be an almost annual occurrence. So will anything change?

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