Marketplace®
Every story is an economic story

Episodes 7821 - 7830 of 10000

  • The ACLU sues a school district in Massachusetts for letting only low-income kids take home their school laptops and other electronics. How common is this practice, and could this suit be the tip of the iPad iceberg? Plus, the Ebola epidemic is hurting the economies of African countries in two ways. One, they’re almost entirely dependent on outside aid to fight the epidemic. And two, as businesses shut down to protect workers, their economies shrink almost immediately.

  • Housing starts are up. What’s driving the encouraging increase? We look at the role of first-time home buyers. Plus, Uber has launched a new home delivery service called Corner Store. Customers can order items from a CVS or Walgreens and have them delivered right to their doorstep. Other companies have launched their own delivery services of late, including Google. Will this latest venture from Uber succeed in a growing market, and with its built in fleet of drivers, does it have the advantage? 

  • First up, the world’s biggest mining company, BHP Billiton of Australia and London, has announced that it’s going to spin off $16 billion worth of businesses, essentially reversing a merger from 13 years ago. The focus now is old school stuff: digging for iron ore, copper, coal, and oil. And from the old to the new — we’ve been following the emerging fortunes of a company that rents out your car while you are away: FlightCar. The peer-to-peer economy is the buzzword. Plus, ever heard the phrase, ‘Buy the Rumor, Sell the news’? It’s used a lot these days when journalists cover wall street. But what does it really mean? What kinds of ‘news’ stories impact Wall Street trading, if at all? We report. 

  • The California legislature is debating a bill that would make it harder for franchise companies to cancel contracts with their franchisees. The idea of strengthening individual franchise holders is supported by labor, which thinks it will empower franchise holders to make their own improvements to pay scales. Plus, when the Clippers deal is done, what has been accomplished? The NBA has a $2 billion valuation for a franchise, it has another billionaire owner, the Sterlings each take away $1 billion.

  • Ever wonder how the price of silver is set? For more than a hundred years, silver prices have been set globally in something called a silver fix. But that’s about to change. Plus, Samsung recently did a little home shopping The South Korean electronics giant snapped up a start-up called “Smart Things” for around $200 million. It‘s a U.S. company that specializes in smart-home controllers. But Samsung isn’t the only one seeing profit potential in the so-called internet of things. Hackers see it, too. And they’re worried that if companies specializing in smart devices don’t take the time to install proper security, hackers with bad intentions will use the internet of things to invade entire households.  

  • Some not so great economic news out of Europe: gross domestic product for the second quarter is out this morning for the Eurozone, and across the board, economic growth was flat. Germany, Europe’s largest economy, contracted in the second quarter by .2 percent and France saw economic growth flatline. Speaking of GDP, here at Marketplace, we talk a lot about different economic indicators employment numbers, retail sales, consumer spending, etc. Here’s one that caught our interest, though. Bankruptcies are down — at their lowest level since 2008. That sounds like good news, right? Not so.

  • First up, Chinese authorities have launched an anti-trust investigation into a handful of luxury car brands accused of jacking up prices on cars and car parts in China. Companies like BMW, Land Rover, Mercedes and Audi are madly slashing prices to try and appease regulators. More on the cars, which are said to be as much as four times more expensive in China than they are elsewhere in the world. Plus, when you think of summer camp, maybe you think of time for swimming, or crafts. But if you’re a student at Steam Summer Camp in Brooklyn, it’s time to learn about gentrification. The campers are studying their community and the housing issues they see and live with.

  • Not too long ago, Chiquita, the big banana company, made an offer to buy Irish produce giant Fyffes for about half a billion dollars. Now, Chiquita itself is in the sites of potential buyers: two Brazilian companies have made an offer to buy the company. Plus, the FBI is investigating possible civil rights violations after a police officer in suburban St. Louis fatally shot an unarmed teenager this past weekend. 18 year old Michael Brown’s death lead to protests and unrest in the town of Ferguson, Missouri, where the shooting occurred. Cases like these hit communities hard — We take a look at the financial and emotional costs. And going to the movies is kind of an expensive proposition these days. First there’s the ticket — that’s around 15 bucks — and then there are the concessions, which always seem to come with their own brand of sticker shock. Pricey popcorn, though, has long been the main way movie theaters make money. But now many theaters are going a step further to lure audiences.

  • Turkey’s prime minister was elected president of the country last night.The presidency will tack another five years onto Erdogan’s 12 years in power, as Prime Minister. Erdogan has been a politically controversial figure in Turkey, sometimes compared to Vladimir Putin for some of his authoritarian political stances. A closer look at this victory and what it means for Turkey’s economy. Plus, with tech companies hoping “wearables” will become a part of consumers’ everyday lives, they first have to convince people to buy smart watches, fitness trackers and, yes, Google Glass. That’s got Apple, Intel and others looking for new partners in the fashion industry. And with problems with drought growing around the country — parts of Texas and California have had record-breaking shortages the last few years — Dayton, Ohio is trying to use water to lure businesses.    

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About the show

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.

The Marketplace team brings you key news updates and economic happenings in real time throughout the morning. Catch “Marketplace Morning Report” live every Monday through Friday to get the latest news on the markets, money, jobs, and innovation.

“Marketplace Morning Report” daily news podcasts are also available worldwide on platforms, including Apple Podcasts, Spotify, RSS Feeds, and any other place where you get your podcasts.

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