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01/15/2018: The cost of a dream

Jan 15, 2018

Episodes 6781 - 6790 of 10000

  • Indonesian employees return to their offices at the gedung Bursa Efek Jakarta or the Jakarta Stock Exchange building after one part of it collapsed in Jakarta on January 15, 2018.
    Adek Berry/AFP/Getty Images

    (Global edition) From BBC World Service… Trading was suspended after a walkway inside the Jakarta stock exchange building collapsed on Monday morning. We hear from the BBC’s Rebecca Henschke at the scene, where police say 72 people have been hurt. UK construction giant Carillion has gone into liquidation, putting thousands of jobs at risk and the future of many projects into doubt. BBC business correspondent Ben Thompson explains what the impact could be around the globe. Finally, you’ve probably heard of phishing and the importance of staying safe online, but do you know how to protect yourself from whaling? Aatish Pattni is a Head of Threat Prevention at Check Point and says whaling attacks are on the rise.

  • 01/12/2018: When being a renter becomes cheaper than being a homeowner
    Scott Olson/Getty Images

    (Markets Edition) The stock market seems to be doing well, but the bond market — not so much. Chris Low, chief economist at FTN Financial, joined us to explain what could be going on. Afterwards, we’ll look at a new report that shows more than half of Americans now live in places where it’s more affordable to rent than own a house, and then discuss why so many in the U.S. are struggling to pay back their credit card debt.

  • 01/12/2018: Implementing a $1.5 trillion tax overhaul
    Scott Olson/Getty Images

    (U.S. Edition) Facebook is making big changes to the content you’ll see on your news feed. On today’s show, we’ll discuss the company’s push to prioritize posts that it thinks will spark “meaningful” social interactions. Afterwards, we’ll look at Saudi Arabia’s decision to open the first car showroom for women, and then talk about the IRS’ daunting challenge of implementing the GOP’s tax overhaul.

  • 01/12/2018: Should you worry about more bond-market volatility?
    TOLGA AKMEN/AFP/Getty Images

    (Global Edition) From the BBC World Service… A breakthrough in Germany four months after elections: Prime Minister Angela Merkel’s center-right block has made a deal with the center-left Social Democrats, with compromises in sight on migration and taxes. Afterwards, new data from China shows its trade surplus with the U.S. hit a record high last year. We’ll explain what that mean for the two nations. Then,  the bond market caused whiplash for investors this week and though things have calmed down a bit, is more volatility on the way … and would it be such a bad thing? We chat with Allianz chief economic advisor Mohamed El-Erian. 

  • 01/11/2018: What 2018 will look like for the big banks
    Justin Sullivan/Getty Images

    (Markets Edition) As companies start to unveil their final quarterly earnings report from 2017, we’ll talk to Susan Schmidt — senior portfolio manager from Westwood Holdings — about retail sales and consumer shopping habits. Afterwards, we’ll discuss what the upcoming year might look for the banking industry, and then examine what the Republican tax plan could mean for airlines.

  • A man walks into a heroin encampment in the Kensington neighborhood of Philadelphia, Pennsylvania.
    DOMINICK REUTER/AFP/Getty Images

    (U.S. Edition) Coca-Cola has announced its South African divisions will stop working with McKinsey, the world’s biggest consulting company. We’ll look at the reason behind the soda giant’s decision, which has to do with the company’s entanglement in a big corruption scandal in South Africa. Afterwards, we’ll talk to Ariella Cohen — editor in chief of the online publication Next City — about the lingering effects of redlining on Philadelphia. Back in the 1930s, the federal government began encouraging mortgage lenders to withhold credit from areas where people of color or immigrant communities lived.

  • 01/11/2018: Using the speed dating model to get moms back to work
    ADRIAN DENNIS/AFP/Getty Images

    (Global Edition) From the BBC World Service… More trouble for bitcoin: South Korea is mulling a plan to ban cryptocurrency trading in an area of the world that’s seen some of the highest demand. We explain what it means for the future of bitcoin.  Then, peaceful protests have turned violent in Tunisia as anger over government austerity measures heats up. We’ll take you there and explain why protesters are calling the 2018 budget unfair. Afterwards, we’ll explain how one organization in the U.K. is getting women back to work using a model akin to speed dating. 

  • A sign directs pedestrians to the U.S. border crossing on Jan. 26, 2017 in Tijuana, Baja California. U.S. 
    Justin Sullivan/Getty Images

    (Markets Edition) 2018 could be a strong year for economic growth around the world, particularly for one South American country. On today’s show, we’ll discuss at why Brazil is expected to see big gains. Afterwards, we’ll look at how some San Diego workers are deciding to commute from Tijuana, Mexico, so they can save on rent.

  • Cory Woods went through a training program to transition from the kitchen to the front of the house, where he is now earning far more money.
    Sam Harnett/Marketplace

    (U.S. Edition) AT&T had planned to carry a phone made by the China-based electronics company Huawei, but they’re now pulling out based on national security concerns. On today’s show, we’ll examine why the end of this deal is a huge blow to Huawei. Afterwards, we’ll discuss how the number of vehicles Mexico has imported to the U.S. reached an all-time high last year — despite the Trump administration’s threats to renegotiate NAFTA. Then, we’ll look at how Bay Area restaurants have started training programs to address the race wage gap.

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Get up to speed on the news each morning with our daily radio show and podcast, “Marketplace Morning Report,” hosted by Kimberly Adams. We give you the economy without the anxiety, in the amount of time it takes to brew a cup of coffee. Start your day with us, on air or by downloading our podcast, for context and perspective on the economic news that matters to you.

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