Mid-day Update

PODCAST: How do you solve a problem like Amazon?

David Brancaccio Jan 29, 2015
HTML EMBED:
COPY
Mid-day Update

PODCAST: How do you solve a problem like Amazon?

David Brancaccio Jan 29, 2015
HTML EMBED:
COPY

Over the the last week, 43,000 fewer people had to file for unemployment benefits, which is a good sign. More on that. Plus, the first of the big oil companies to report their latest round of results is Shell. The Anglo-Dutch company managed to increase its profits even with the price of gasoline we’ve all been seeing. CEO Ben Van Beurden says he’s cutting spending by $15 billion dollars over the next three years to adjust. But, in a controversial move, Shell will keep expanding off Alaska. Also later today, Amazon will report its sales and profits. The internet giant’s stock has taken a beating from investors frustrated with the company’s heavy spending and not so heavy profits. 

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.