MIDDAY UPDATE: New Years Eve
Cities across the world are preparing to celebrate the new year. But in the face of budget deficits and government cut-backs, how much is appropriate to spend on New Years festivities? Australia, whose citizens are suffering under severe flooding after a tropical cyclone and record rain, spend $5 million on New Year’s celebrations.
In today’s latest installment in our Big Book series, Jeremy Hobson spoke to author Dan Charnas, author of the new book “The Big Payback: The History of the Business of Hip Hop.” Over the past two decades no music industry has grown faster than hip-hop. “The Big Payback” is a detailed and real to life accounting of the business of music, giving readers a behind-the-scenes look at how street music grew to be one of the business’s biggest industries.
Happy New Years from Marketplace Morning Report.
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.