Marketplace for Friday,  August 12, 2016
Aug 12, 2016

Marketplace for Friday, August 12, 2016

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Five days of economic news in five minutes with the Weekly Wrap; for decades U.S. companies have employed millions of low-wage Chinese workers to make products for Americans, but now that trend is reversing. Marketplace's Rob Schmitz reports on how Chinese companies setting up factories in South Carolina affects the local community; and the Obama administration is diverting $81 million from Ebola funding and other projects to help fight Zika, but is that enough?

Segments From this episode

Fracking draft from EPA criticized by scientists

Aug 12, 2016
The study concluded hydraulic fracturing isn't a danger to drinking water. Scientists say that's unproven.
The sun rises over an oil field used for hydraulic fracturing in California. 
David McNew/Getty Images

Weekly Wrap: The week of economic speeches

Aug 12, 2016
Breaking down Clinton and Trump's speeches with Catherine Rampell and John Carney

Artisanal soft serve ice cream finds its sweet spot

Aug 12, 2016
At Magpies, the flavors are chef-driven and the sugar's just right. Corn almond, anyone?
Rose Schwartz helps a customer at Magpies. 
Bridget Bodnar/Marketplace

Obama administration scrounges for Zika funding

Aug 12, 2016
But how long will it last?
Larry Smart, a Miami-Dade County mosquito control inspector, uses a fogger to spray pesticide to kill mosquitos in the Wynwood neighborhood as the county fights to control the Zika virus outbreak on August 1.
Joe Raedle/Getty Images

The Clintons released their 2015 tax returns

Aug 12, 2016
They made $10.6 million with an effective tax rate of 34 percent.
Democratic presidential nominee Hillary Clinton and her husband, former President Bill Clinton, at a rally in February in Las Vegas.
Justin Sullivan/Getty Images

Chinese factories, American workers

Aug 12, 2016
More Chinese companies are setting up shop — and providing jobs — in states like South Carolina.
Greenfield Industries Operations Vice President Bobby Densmore holds his company’s product in front of an assembly line in Seneca, South Carolina. Greenfield was purchased by Chinese company TDC in 2009. It’s one of the many Chinese companies that are hiring American workers to assemble its products, reversing a global trend in manufacturing.
Rob Schmitz/Marketplace

Angry white men love Trump, and here's why

Aug 22, 2016
It's the economy, stupid.
Supporters of Republican presidential nominee Donald Trump listen to his stump speech during a campaign event at Briar Woods High School August 2, 2016 in Ashburn, Virginia.
Alex Wong/Getty Images

Five days of economic news in five minutes with the Weekly Wrap; for decades U.S. companies have employed millions of low-wage Chinese workers to make products for Americans, but now that trend is reversing. Marketplace’s Rob Schmitz reports on how Chinese companies setting up factories in South Carolina affects the local community; and the Obama administration is diverting $81 million from Ebola funding and other projects to help fight Zika, but is that enough?

Music from the episode

Perth Beirut
Falafel Tom Misch
Heard 'Em Say Kanye West, Adam Levine