Scott Tong is a correspondent for Marketplace’s sustainability desk, with a focus on energy, environment, resources, climate, supply chain and the global economy. He services the complete portfolio of Marketplace programming and has reported on several special series including long-term U.S. job creation, U.N. climate talks in Cancun, Mexico, the Japan earthquake and tsunami, the BP oil spill one-year anniversary, and famine in the Horn of Africa. He has reported from more than a dozen countries. Tong joined Marketplace in 2004, serving most recently as the China bureau chief in Shanghai from January 2007 to July 2010. While there, he reported on a special series on the economics of one-child and the 30th anniversary of the one-child policy in China, the Beijing Olympics, the food safety scares in 2007, labor strikes, slave labor, child lead poisoning and baby-selling in China’s international adoption program. Prior to joining Marketplace, Tong worked as a producer and off-air reporter at PBS Newshour with Jim Lehrer for seven years, where he produced a special series from Iraq in 2003. Tong received his bachelor’s degree in government from Georgetown University. A native of Poughkeepsie N.Y., Tong now lives in Arlington, Va. with his wife and three children. He’s an acknowledged soccer dad, and enjoys cooking, cycling (he bikes to work on a regular basis), and running slowly.
Posted In: 401k, retirement savings, retirement planning
Ted Benna was a pension consultant who noticed a new tax code provision, K, added to Section 401. He never intended the retirement plan that resulted to replace pensions or become so complicated.
Posted In: immigrants, Immigration, lobbying
As the Senate debates a significant overhaul to our nation's immigration laws, special interest groups are wading into the fight. Advocates and opponents of immigration reform are spending on TV ads and lobbying.
Posted In: consumer behavior, children
Trying to give your children an advantage in growing up makes consuming a competition. When everyone has a tutor, a trainer or a special baseball bat, you can't help but keep up.
Posted In: consumer, fitness, children
We all want our kids to get into the best colleges they can. Some families take extra measures and spend extra money in pursuit of an edge.
Posted In: electric cars, batteries
The company Better Place is liquidating, after a failed attempt to make electric cars with batteries to swap in and out. Problem is, e-vehicles are still expensive. And fossil fuel prices in the recent downturn have softened.
Posted In: Monsanto, soybeans, Agriculture, GMOS, genetically modified food
The Supreme Court ruling protects a company that controls 90 percent of the expanding soybean production in the U.S. and Latin America; what has followed from Monsanto’s dominance?
Posted In: Credit Cards
Despite knowing a swipe card’s magnetic strip is vulnerable, U.S. banks haven’t moved to a more secure system. Why?
Posted In: helium
There have long been warnings that helium supplies are running out, but now we may know why. The answer comes down to dollars and cents.
Posted In: Gross Domestic Product (GDP), GDP
With all the dysfunction in government and economies, why should a 2.5 percent increase in GDP sound bad?
Posted In: apple, iPhone, samsung, stock
Today, the tech world today brings you hits from the 80s and 90s: Microsoft and IBM are expected to report healthy earnings today. But what is up with Apple? It’s stock fell again yesterday, and is down 40 percent since last fall.