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Marketplace

Is your phone listening to you?

May 17, 2019

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Marketplace Morning Report

The age of fraud

May 17, 2019
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Justin Ho

Reporter

SHORT BIO

I'm a finance reporter.

What was your first job?

Grocery bagger.

What do you think is the hardest part of your job that no one knows?

In radio, you get a lot of people making pledge drive jokes, or jokes about Ira Glass, or “Prairie Home Companion.” People don’t realize that there are plenty of other jokes to make about public radio. Like making fun of bumper music, or the fact that we still use landlines, or the phrase “sustaining member.” Lot of serious comedic potential right there. It’s very hard dealing with this — I have to tell people this stuff all the time.

In your next life, what would your career be?

I’d stay in radio, probably. Best not to second-guess these things. Who knows what would happen if I became, like, a real estate agent or something. Might be happier, might not be.

What is something that everyone should own, no matter how much it costs?

You can’t trick me with questions like these, questions that reveal your fat-cat lifestyle. Some of my colleagues might answer “TSA PreCheck” or “noise-canceling headphones.” Wow, we got a world traveler over here, a real Mr. Monopoly. Guy like me, I rely on the small stuff. My choice? The Acme Kastmaster fishing lure. If you’re out on the water during trout season or if you’re fishing streams, the Kastmaster is your best friend. Pick up a few Kastmasters at Cabela’s before your next trip or order a bunch on the Walmart website — one-fourth ounce, one-eighth ounce, whatever works for what you’re targeting. The weight helps them cast well, and the metal spoon shape flows well while you’re reeling them in. Gold or silver’s your best bet — don’t have much luck with the silver and blue combo lures. Pay whatever they’re going for. Then catch your own meal, cook it with some lentils and turn on Netflix or whatever.

Latest Stories from Justin (109)

Making sense of stats that don't make sense

by Justin Ho May 17, 2019
Don't question your sanity when economic indicators point in opposite directions.
pxhere

Credit card delinquency rates have been rising — especially for young people

by Justin Ho May 17, 2019
Oh, and the interest on that outstanding debt? It's getting more expensive.

A new company is trying to get between your bank and your financial apps

by Justin Ho May 16, 2019
Fidelity's parent company is trying to give customers a little more control over what data the apps can retrieve.

What's behind the slow treasuries auction this week?

by Justin Ho May 9, 2019
Strong dollar, volatile equities and, yes, low yields could be the reason.
The U.S. Treasury building and the Washington Monument are seen on February 6, 2019 in Washington, D.C.
Brendan Smialowski/AFP/Getty Images
Trade showdown

Will higher tariffs on Chinese goods lead to inflation?

by Justin Ho May 6, 2019
Inflation has been too quiet, according to some economists.
Joe Raedle/Getty Images

Why Tesla's raising a new round of cash

by Justin Ho May 2, 2019
The fundraising comes at a pivotal time for the company.
Joe Raedle/Getty Images

Digital disruption drives textbook publishers McGraw-Hill and Cengage to merge

by Justin Ho May 1, 2019
The combined company plans to invest in digital books.
The McGraw-Hill headquarters in New York City.
Justin Sullivan/Getty Images

A tale of two payment apps

by Justin Ho and Leila Goldstein Apr 26, 2019
Venmo and Zelle look like they should be competitors. But the two payment apps serve very different audiences.
Milkos/iStock/Getty Images Plus

Beyond Meat to seek $175 million in IPO

by Justin Ho Apr 22, 2019
There’s a growing battle in the market for burger patties that look meat — and are supposed to taste like it — but are made from plants. The Beyond Burger, made by a company called Beyond Meat, is one of the competitors.…
Aaron Davidson/Getty Images

How the vest became Wall Street's bulletproof armor

by Justin Ho and Leila Goldstein Apr 19, 2019
The fleece vest has become ubiquitous in the finance world. Manufacturers are taking note.
Jeff Bezos, chief executive officer of Amazon, arrives for the third day of the annual Allen & Company Sun Valley Conference, July 13, 2017 in Sun Valley, Idaho. Every July, some of the world's most wealthy and powerful businesspeople from the media, finance, technology and political spheres converge at the Sun Valley Resort for the exclusive weeklong conference. 
Drew Angerer/Getty Images