May 18, 2017

05/18/2017: Some Facebook missteps

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Facebook, Facebook, Facebook. On today's show, we'll look at news that the European Union is fining the social media giant $122 million following its purchase of the messaging service WhatsApp back in 2014. This marks the first time a company has been penalized by the European Commission's merger regulation law. There are also reports that the company has mischarged advertisers for the 10th time in less than a year. Marketplace's Molly Wood explains how this incident illustrates the uncertainties in digital advertising — and how television advertisers might use this to their advantage. Plus: We discuss whether it's a good or bad thing that Americans are borrowing at record levels. 

Segments From this episode

TV industry pounces on Facebook's ad mistake

May 18, 2017
Networks and cable channels are selling a 'safer' medium to advertisers at the upfronts.
Facebook has admitted to problems with ad metrics for the 10th time since September. Above, Facebook CEO Mark Zuckerberg.
Justin Sullivan/Getty Images

Science researchers brace for possible federal funding cuts

May 18, 2017
'Uncertainty means that you can’t hire people or you can’t start a new project,' one researcher says.
At Brandeis University, Avital Rodal studies, among other things,  diseases like Lou Gehrig’s and Alzheimer’s.
Ari Daniel

Americans are borrowing more, creating record debt

May 18, 2017
The New York Federal Reserve says Americans are borrowing again — everything from student loans to auto loans to mortgages. According to the New York Fed, household debt has reached a record high, even higher than the previous peak, during the credit bubble in 2008. The report’s findings don’t mean Americans have learned to be […]

U.S. pullout doesn’t deter aspiring TPP members

May 18, 2017
The remaining members of what would have been the Trans-Pacific Partnership will meet this weekend in Hanoi. Several countries attending the Asian-Pacific Economic Cooperation conference in the Vietnamese capital will hold discussions about reviving the regional trade agreement. The U.S. may have pulled out of the deal, but there is still a strong desire to […]

05/18/2017: The Emperor's New Policy Reforms

May 18, 2017
Investors have been reminded that intentions in Washington do not equal policy. Diane Swonk of DS Economics joins us to talk about how markets are on the decline due to uncertainty about the tax reform in the U.S., deregulation and infrastructure spending plans. Afterward, we'll explore the future of the Trans-Pacific Partnership, even with the U.S. out of the mix, and then talk with science researchers about their concerns over potential budget cuts.

Facebook, Facebook, Facebook. On today’s show, we’ll look at news that the European Union is fining the social media giant $122 million following its purchase of the messaging service WhatsApp back in 2014. This marks the first time a company has been penalized by the European Commission’s merger regulation law. There are also reports that the company has mischarged advertisers for the 10th time in less than a year. Marketplace’s Molly Wood explains how this incident illustrates the uncertainties in digital advertising — and how television advertisers might use this to their advantage. Plus: We discuss whether it’s a good or bad thing that Americans are borrowing at record levels. 

The team

Stephen Ryan Producer, BBC