Marketplace®
Every story is an economic story
  • David Gura sits down with Felix Salmon, from Reuters, and Catherine Rampell, from The Washington Post, to wrap up the week.

  • A raise in minimum wage could help low-income workers, but hurt small-business owners.

  • Even the most high-tech companies rely on humans when everything fails.

  • Apr 4, 2014

    What would full employment feel like?

    by Adriene Hill

    The goal is always the same – so-called "full employment." But what is it?

  • The goal is always the same – so-called ‘full employment. But what would that actually look like? And what sort of jobs would predominate? Also,  Nest’s software failure shows that even the most high tech companies still rely on humans when everything fails, and for many wireless product firms, the human back end of their operations is considerable. We report on the manpower costs of providing a non-human product. Plus: When late night hosts change, everyone wants to know who the new guy (or gal – one day) will be. But what about the band? Mark Garrison reports on the way the late night bands are chosen, and what elevation to that esteemed slot can mean.   

  • Bond buyers hoped their purchase might lead to good seats at this weekend's games.

  • Apr 4, 2014

    Pin the week on safety pins

    by Michelle Philippe

    Marketplace Datebook for the week of April 7, 2014

  • This week on Marketplace Money, guest host Lizzie O’Leary and personal finance expert Jill Schlesinger tackle questions from our listeners. We’re all trying to save money, but there are some times when being cheap costs you more in the long run. Personal finance writer Daryl Paranada tells us about times when spending can actually help you save. The latest monthly jobs report is released, more people are quitting their jobs but the unemployment rate continues to drop from the height of the recession. Good news or bad news? Tim Wu tells us about how the rise of convenience means we’re spending more time than ever under the “tyranny of tiny tasks.” And even if you write for one of the most successful shows in TV history, your parents are still gonna give you advice. “The Simpsons” writer Michael Price tells us about what he learned from being raised by parents who weren’t exactly thrilled with the idea of a career in theater.

  • How late night bands are chosen, and what elevation to that esteemed slot can mean.

  • Apr 4, 2014

    When being cheap isn’t worth it

    by Candace Manriquez Wrenn

    We all try to save a few bucks, but sometimes it's worth spending the extra money.

  • Apr 4, 2014

    Yes, the Hard Rock Cafe still exists

    by David Gura

    Unlike other themed restaurants, Hard Rock Cafe found a new recipe for success.

  • More autoworkers are Chinese – assembling cars in China for sale to Chinese consumers.

  • Apr 4, 2014

    PODCAST: March jobs report

    by Stacey Vanek Smith
    U.S. President Barack Obama walks with an employee in Fred's Pro Hardware, June 3, 2011 in Toledo, Ohio.
    MANDEL NGAN/AFP/Getty Images

    U.S. employers hired 192,000 people in March. And the company behind the food delivery app GrubHub gets ready for its IPO.

  • Some good, some bad, some sad

  • Apr 4, 2014

    Mama may have, Papa may have…

    by Millie Jefferson
    Billie Holiday
    Hulton Archive/Getty Images

    Marketplace Datebook for April 4, 2014

  • Apr 4, 2014

    Investors hunger for GrubHub

    by Jeff Tyler

    The online food-delivery service expects strong interest in their IPO

  • Around the country, hospitals and doctors are forming Accountable Care Organizations, where providers team up to better manage patients. This year, we’re watching Camden, N.J., as the new health law takes hold, part of a series we call Diagnosis: Camden. Also, the online food delivery service – GrubHub – begins trading on the New York Stock Exchange. The company could raise around $176 million. In fact, the pre-IPO price has moved higher over the past few months, even before it started trading on Wall Street. Why is it so attractive to investors?

  • Will Oremus, tech blogger at Slate joins us to play this week’s Silicon Tally. Plus, the online food delivery service – GrubHub — begins trading on the New York Stock Exchange. The company could raise around $176 million. In fact, the pre-IPO price has moved higher over the past few months, even before it started trading on Wall Street. Why is it so attractive to investors?

  • Apr 4, 2014

    Mozilla CEO resigns amid controversy

    by Molly Wood

    Mozilla CEO Brendan Eich publicly opposed same-sex marriage.

  • Our regular quiz looking back at the week's tech news.

  • Apr 3, 2014

    Questioning the reliability of ADP job numbers

    by Nancy Marshall-Genzer

    Economists have been riled up over differences between job numbers from the payroll processor ADP and federal figures.

  • Apr 3, 2014

    Food stamps: A reporter’s notebook

    by David Gura

    Wal-mart, food stamps, and listener responses.

  • Overdraft fees used to be a huge source of revenue for banks, then came the crackdown that required consumers to opt in to overdraft protection, and banks took a hit. But fees are climbing back up, and banks pulled in $32 billion in overdraft charges in 2012. We examine what has changed. Plus: ADP said this week that employers added 191,000 jobs in March. The report is a precursor to the federal figure out tomorrow, but critics have been hitting the ADP figure as something of a lagging indicator, ever since the company tweaked its formula back in 2012. We explain what sort of number this is, why people pay attention to it, and why it has some economists so riled up. Also, the owner of a Va. carpet cleaning company has sued Yelp to reveal the true identities of 7 anonymous reviewers who slammed his biz.  Will Yelp disclose these names? What would it mean for online reviews going forward, and what’s at stake for a service like Yelp? Then, professional track and field athletes are preparing for collective action against the sport’s governing body that could lead some athletes to boycott the U.S. national track and field championships in June. The athletes’ demands are entangling sponsors such as Nike and Brooks Running, which use the affiliations to drive sales of shoes and other running gear.

  • Apr 3, 2014

    Overdraft fees hit a record

    by Amy Scott

    A study says banks pulled in $32 billion in overdraft charges in 2013 and fees are climbing.

  • Maybe Jay Leno's interested?

  • Apr 3, 2014

    What to do when healthcare isn’t enough

    by Dan Gorenstein

    Social services are not always in step with medical care.

  • A business owner in Virginia sues Yelp to reveal the identity of negative reviewers.

  • Apr 3, 2014

    G4S goes where public forces can’t

    by David Gura

    The private security company is big, expensive, and perhaps unwieldy.

  • Employers added 192,000 to payrolls in March; unemployment at 6.7%

  • Tensions in Ukraine impact American-Russian space partnership.

  • Apr 3, 2014

    Going beyond GDP to measure economic health

    by David Brancaccio

    According to a new study, GDP doesn't tell the whole story about a country's economy.

  • A new economic indicator seeks to give the GDP some competition in measuring economic health.

  • Watch this animation from Slate's video team to find out.

  • Coinstar expands the market for vending machines

  • Julie Angwin, ProPublica reporter and author of Dragnet Nation: A Quest for Privacy, Security, and Freedom in a World of Relentless Surveillance, talks about why privacy is a luxury. Plus: Molly Wood, tech columnist for the New York Times on Amazon’s new video streaming device, Fire TV. We take a look at what separates this gadget from an already crowded market. And later, Americans spent 70 billion dollars on gift cards last year, but nearly $8 billion worth of those purchased gift cards go unused. The parent company of coin-counting kiosk Coinstar and DVD rental service Redbox launched a new service to turn those old gift cards in your wallet to cash.   

  • Apr 3, 2014

    Saving Medicaid money in Camden, N.J.

    by Dan Gorenstein

    Hospitals and doctors are teaming up to make healthcare more efficient

  • Apr 3, 2014

    Part III: Hungry for savings

    by Krissy Clark

    Walmart donates billions to anti-hunger initiatives. Some of those efforts benefit its own employees.

  • Apr 3, 2014

    Is privacy a luxury good?

    by Molly Wood

    The high cost of keeping your data private.

  • You should watch this video.

  • Apr 2, 2014

    Lagarde: Global recovery hinges on IMF reforms

    by Margarita Noriega

    Christine Lagarde on Congress' IMF vote: "Not exercising that leadership is a mistake."

  • Many expect Wednesday's ruling to mean an overall increase in how much money goes into politics.

  • Remembering Charles Keating, a well-known face of the 80s-90s S&L crisis.

  • New York drops out of inBloom, a Gates Foundation-backed effort to store data.

  • GM's CEO Mary Barra spent another day on Capitol Hill.

  • In the case widely regarded as the sequel to the Citizens United campaign finance case, the Supreme Court has struck down the aggregate limit on what an individual can give in donations in a given an election cycle. Also, New York drops out of InBloom, the Gates Foundation’s $100 million effort at collecting student data, leaving it with no known customers. Since launching, seven states have dropped out.  Apparently, parents aren’t as eager as gates assumed  to have their kids data-mined at schools. Plus: We remember – briefly – Charles Keating, because he was one of the best-known faces of the S&L crisis of the late 80’s and early 90’s, in which 1,000 banks collapsed.

  • Marketplace Datebook for Thursday, April 3, 2014

  • Apr 2, 2014

    The science of food and sound

    by David Gura

    Why businesses are interested in 'neurogastronomy'

  • There's no Goldman at the end of this rainbow.

  • Apr 2, 2014

    PODCAST: Private sector warms up

    by David Brancaccio

    Microsoft is expected to announce a digital personal assistant akin to Apple's Siri. And Alan Sloan from Fortune Magazine talks tax code.

  • Apr 2, 2014

    Tax-avoidance deal saves millions

    by David Brancaccio

    A tax-avoidance deal may save companies hundreds of millions of dollars

  • Apr 2, 2014

    Are homes in a mudslide covered by insurance?

    by Mitchell Hartman

    Coverage for hazards like mudslide can cost an extra $1,000 per year.

  • FTC chairwoman Edith Ramirez and a conversation about data security.

  • Coinstar introduces vending machines that let you exchange your unwanted/unused gift cards for cash. Mitchell explores how the secondary gift card market works. Also, Latin America is one of the few places in the world where the gap between the rich and poor is narrowing. Pegged to the World Economic Forum meeting on Latin America this week, we examine why there are more Latin Americans in the middle class than living in poverty.

  • Among the biggest donors to food banks and other social-service agencies are corporations including Walmart and Kroger’s- a sometimes awkward partnership, since of the people served by these agencies are employees of these stores. Later, we talk to Allan Sloan about a tax-avoidance deal that is making it possible for some companies to save hundreds of millions of dollars, legally.

  • Apr 2, 2014

    Part II: ‘Save money, live better’

    by Krissy Clark

    As real wages continue to decline, the food stamp economy keeps booming.

  • Apr 2, 2014

    Microsoft’s Siri: What took so long?

    by Sally Herships

    Microsoft unveils its version of a Siri device.

  • In Latin America, the gap between the rich and poor is narrowing.

  • Microsoft is feeling pretty good at the moment — new CEO, its stock is up, and there’s even Office for iPad. Microsoft will now unveil its version of a Siri device. Why has it taken so long?  And what does this signal about how Microsoft is positioning itself? Plus: April Rinne, Chief Strategy Officer, Collaborative Lab, talks about Airbnb’s decision to collect hotel taxes for rentals in San Francisco. After, FTC Chairwoman Edith Ramirez joins Ben for a conversation about data security and consumer protection ahead of a Homeland Security hearing on the topic Wednesday morning.

  • Single-serve coffee makers like the Keurig machine are wasteful.

  • There's no waste. And if you want to renovate? Recycle.

  • Is it possible that yachts can serve as an economic indicator?

  • It's not about screaming on the trading floor anymore.

  • Apr 1, 2014

    Housing’s bad month, via the letter ‘L’

    by Stacey Vanek Smith
    A construction worker stands on the roof of a condo complex under construction on July 17, 2013 in Berkeley, California.
    Justin Sullivan/Getty Images

    Blame the L's: labor, lumber, land, loans… and lousy weather.

  • Housing is lagging: construction spending is down, as are pending home sales. Blame the L’s: labor, lumber, land and loans. Oh, and lousy weather.

  • This is a Marketplace.org Reader

  • Apr 1, 2014

    PB&J tops the menu

    by Michelle Philippe

    Marketplace Datebook for Wednesday, April 2, 2014

  • Our most popular social stories from March 2014.

  • Apr 1, 2014

    Part I: The secret life of a food stamp

    by Krissy Clark

    The biggest winners of the SNAP economy are the ones the government won’t tell you about.

  • Apr 1, 2014

    High Frequency Trading, explained

    by Paddy Hirsch

    This is a Marketplace.org Reader

  • Apr 1, 2014

    What is an index fund?: An explainer

    by Paddy Hirsch
    What is an index fund?: An explainer

    An index is quite simply a basket of shares.

  • Apr 1, 2014

    PODCAST: Dealing with high frequency trading

    by David Brancaccio

    Retail store are looking to get more foot traffic with cell phone charging stations. And Netflix gets Frank Underwood to lobby for them.

  • Apr 1, 2014

    High-frequency trading in the spotlight

    by Dan Weissmann

    'Moneyball' author says HFT traders skim away others' profits

  • Apr 1, 2014

    Netflix deploys Frank Underwood

    by Queena Kim

    Kevin Spacey helped Netflix lobby Maryland for tax breaks

  • Kevin Spacey has been lobbying the state congress in Maryland, which is where the Netflix hit House of Cards is filmed. The company wants tax breaks, but Maryland’s saying no. Also, we take a look at the individual investor in the HFT environment. 

  • If you know about the history of the Internet, you know that — while Al Gore might be most famous for supposedly inventing it — it is the Department of Defense that can probably lay claim in earnest. The Advanced Research Projects Agency began building the networks that would become the Internet in the 1960s. And today the current form of that organization, the Defense Advanced Research Projects Agency (DARPA), is launching an office that will focus on biological technology — making synthetic tissues, quickly developing vaccines and connecting the brains of wounded soldiers to new prosthesis.

  • Apr 1, 2014

    The economics of the GM recall

    by Kate Davidson

    GM CEO will answer tough questions about car safety

  • Mar 31, 2014

    The healthcare deadline is here. Now what?

    by Dan Gorenstein

    The enrollment period for signing up for health insurance via healthcare.gov is over. What you need to know.

  • In the backwoods of Pennsylvania sits 28,000 file cabinets full of paper and an army of employees.

  • Brick-and-mortar shops are providing free cellphone charging

  • An interview on how DARPA is adapting to a changing tech landscape

  • Mar 31, 2014

    Jackson estate success is a thriller

    by Stacey Vanek Smith
    Michael Jackson performs on stage during is 'HIStory' world tour concert at Ericsson Stadium November 10, 1996 in Auckland, New Zealand.
    Phil Walter/Getty Images

    Michael Jackson's estate has done a big turnaround. Before his death it was a mess; now it's making millions.

  • Many baby boomers were unable to sell during the Great Recession

  • The U.N. climate group has moved forward, not just warning of climate change — because it’s here. What are the economic barriers to investing in what they call “adaptation? Plus:  Michael Jackson’s estate has done a big turnaround. Before his death it was a mess; now it’s making millions, and there’s even a new Jackson record. And finally: GM boss Mary Barra testifies before Congress later this week about the problems with Chevy Cobalts, linked to deaths. We look at the costs and budgeting behind a recall.

  • The U.N. climate group has moved forward, not just warning of climate change — because it’s here. What are the barriers to investing in "adaptation"?

  • Mar 31, 2014

    The cold truth about the ice business

    by Tommy Andres

    How many bags of ice do you buy a year? Enough to make it a $2.5 billion industry, that's how much.

  • For many better-off young Indians, Western-style fast food is considered cool. And as they down burgers and sugary sodas, obesity is spreading.

  • Mar 31, 2014

    Happy Birthday, world’s most valuable company

    by Michelle Philippe

    Marketplace Datebook for Tuesday, April 1, 2014

  • The National Highway Traffic Safety Administration will begin phasing the cameras into 2016 models.

  • Mar 31, 2014

    What happens when you shout "buy!"

    by Paddy Hirsch
    A trader rubs his eyes on the floor of the New York Stock Exchange before the closing bell May 7, 2010 in New York City.
    Mario Tama/Getty Images

    Michael Lewis' book, "Flash Boys," reveals a great deal, including people's confusion about the stock market

  • Mar 31, 2014

    PODCAST: UN warns of climate change effects

    by David Brancaccio

    The Senate Finance Committee thinks about bringing back expired tax breaks. And a look at the safety and costs of in vitro births.

  • Benjamin Jealous is taking his fight for civil rights to the tech sector

  • A new statement says IVF practice can cause problems

  • Some mixed reviews of apps for recovering alcoholics.

  • The Affordable Care Act reaches an important milestone — and deadline — on Monday. The law’s rollout has worked pretty well in some states, and has been a mess in other states. In the case of Oregon, the state promised big and hasn’t delivered. Also, up to $50 billion in tax breaks that expired in 2013 may get a new life as the Senate takes up a proposal to extend them temporarily. Good news for lobbyists and their clients, but the breaks will have to get through the House. And the National Perinatal Association, representing the folks who work in neo-natal ICU units, has released a statement to urge doctors and health insurance cos to reduce health risk and costs by changing in vitro fertilization procedures.

  • This week Microsoft’s Build conference kicks off in San Francisco. Build is an event designed to get developers excited about making things for its windows operating system, for mobile devices and PCs. And that’s been a challenge, because as app ecosystems go, Microsoft’s hasn’t been particularly vibrant in comparison to those of Apple and Android. There may be some light poking through the clouds though. Plus: Studies have been done on the effectiveness of treating addiction with smartphones, and the reviews are mixed. But there’s a new program at the University of Wisconsin that aims to support addicts after they leave a residential program. And it seems to be helping people stay sober.

  • A Senate proposal for a temporary extension

  • Monday is the deadline to sign up for healthcare under the ACA