Find the latest episode of "The Uncertain Hour" here. Listen
Mid-day Update

PODCAST: The Franc and the Euro

David Brancaccio Jan 15, 2015
HTML EMBED:
COPY
Mid-day Update

PODCAST: The Franc and the Euro

David Brancaccio Jan 15, 2015
HTML EMBED:
COPY

The giant retailer Target of Minneapolis said today it’s closing down operations in Canada and has filed for bankruptcy protection to cover its North of the border operations. More on a move that could put more than 17,000 Canadians out of work. Plus, another major cross-border story developing today: Switzerland’s currency surged 17 percent today, causing headaches for all sorts of Swiss exporters from wristwatches to cuckoo clocks. This after the Swiss Central Bank without warning gave up on trying to keep the euro-linked closer to the Swiss Franc. And at the big car and truck show going on in Detroit, the top honor in the car category went to Volkswagen’s Golf, which comes in all sorts of flavors, from electric to diesel to muscle. But don’t let that small car fool you.

Marketplace is on a mission.

We believe Main Street matters as much as Wall Street, economic news is made relevant and real through human stories, and a touch of humor helps enliven topics you might typically find…well, dull.

Through the signature style that only Marketplace can deliver, we’re on a mission to raise the economic intelligence of the country—but we don’t do it alone. We count on listeners and readers like you to keep this public service free and accessible to all. Will you become a partner in our mission today?

Your donation is critical to the future of public service journalism. Support our work today – for as little as $5 – and help us keep making people smarter.