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with Kai Ryssdal

Marketplace for Thursday, February 20, 2014

Gap announces it will raise wages of its lowest-paid workers above the current minimum wage. Walmart and other chains are looking at doing something like this. We examine the factors that go into their decision making. Next, Facebook’s $19 billion bid for WhatsApp essentially means it’s paying $42 per WhatsApp subscriber. That’s $12 more per user than Facebook paid for Instagram. Finally, a new report on inequality from Brookings looks at which American cities have the highest and lowest rates of inequality. What impact does the gap have on vibrancy, and quality of life? 

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About the Show

Marketplace® is your liaison between economics and life. Noted for timely, relevant and accessible coverage of business news across both audio and digital platforms, Marketplace programs are heard by more than 12 million weekly listeners. This makes the Marketplace portfolio the most widely heard business or economic programming in the country.