❗Help close the gap: We still need to raise $40,000 by the end of March. Donate now
Mid-day Update

PODCAST: A huge quarterly loss for Brazilian oil company

David Brancaccio Apr 23, 2015
HTML EMBED:
COPY
Mid-day Update

PODCAST: A huge quarterly loss for Brazilian oil company

David Brancaccio Apr 23, 2015
HTML EMBED:
COPY

Gas is cheap, but what about the cost of putting a roof over your head? We look at the trend towards skyrocketing rent. Plus, Petrobras, the government-run oil company in Brazil today posted the worse quarterly loss in its history. We’ll talk to the BBC’s South America business correspondent Daniel Gallas from Sao Paolo, Brazil, to find out why. And by one estimate, the buying power of U.S. Latinos is three times what it was in the year 2000: that’s $1.5 trillion. Big retailers are trying to keep pace. Target says Hispanic millennials are now their core demographic. And now, they’ve got an ad campaign to go with the shift.

 

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.