The numbers for July 5, 2013: Close, but no cigar
Samsung sold 30 million more smartphones than Apple in the first quarter of 2013. They also posted a 47 percent increase in profit for the second quarter. Investors wanted more and sent the company’s stock down this morning. (Marketplace)
The U.S. added 195,000 non-farm jobs in June, edging out analyst forecasts but not enough to lower the unemployment rate. Part-time jobs shot up as well as hiring in the retail and tourism sectors. (BLS)
Phone companies Huawei and China Mobile say they are now providing fast 4G mobile data service to Mount Everest. Not all the way at the top, but at 17,000 feet. (Telegraph)
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.