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Marketplace for Wednesday, January 29, 2014
Jan 29, 2014

Marketplace for Wednesday, January 29, 2014

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Emerging markets are in a tizzy, in large part because investors are reacting to the Federal Reserve’s decision to taper its stimulus program. Plus, the President stumbled over the name of a new, government backed retirement savings account during the State of the Union Address -- but he’ll get another shot to get the name right when he touts the “My-R-A” today in Pittsburgh. We explain how it might work, and why  it’s needed in the first place. Finally, two TV stations in Los Angeles want to undertake an experiment: Share their airwaves so they can sell back, for wireless use, the part they don’t use. It’s a step in an FCC plan to take back spectrum used by TV broadcasters who mostly rely on cable now, to use for other essential purposes.

Segments From this episode

Timeline: The afterlives of former Federal Reserve Chairmen

Jan 24, 2014
What awaits Ben Bernanke? A look at his predecessors

How cash is like bitcoin. And how bitcoin is like Kim Kardashian.

Jan 29, 2014
What we can learn about cash, by learning about Bitcoin
Noel Vasquez/Getty Image Entertainment

What tapering in the U.S. has to do with Turkey and South Africa

Jan 29, 2014
Why our recovery is throwing emerging economies into a tizzy

Can two TV stations share the same airwaves?

Jan 29, 2014
Two TV stations in Los Angeles want to undertake an experiment: Share their airwaves so they can sell back, for wireless use, the part of the spectrum they don’t use.

'myRA' retirement plans, explained

Jan 29, 2014
'myRA' is a new, government-backed retirement plan designed for low-income workers, who don’t have IRAs or 401Ks.

Why the dollar dominates global currency

Jan 29, 2014
The dollar continues to tighten its grip as the world's reserve currency.

Inequality: Capitalism's 'squeaky wheel'

Jan 29, 2014
Harvard Business School's Nancy Koehn says the bottom 90 percent of the population spends money in a way that create jobs

Emerging markets are in a tizzy, in large part because investors are reacting to the Federal Reserve’s decision to taper its stimulus program. Plus, the President stumbled over the name of a new, government backed retirement savings account during the State of the Union Address — but he’ll get another shot to get the name right when he touts the “My-R-A” today in Pittsburgh. We explain how it might work, and why  it’s needed in the first place. Finally, two TV stations in Los Angeles want to undertake an experiment: Share their airwaves so they can sell back, for wireless use, the part they don’t use. It’s a step in an FCC plan to take back spectrum used by TV broadcasters who mostly rely on cable now, to use for other essential purposes.

Music from the episode

Saying Something (Mukiya) Peter Bjorn and John
Love Jones J Dilla