Aug 26, 2016

Marketplace Morning Report for Friday, August 26, 2016

Tributes and memorials dedicated to Prince lie near the fence that surrounds Paisley Park. Adam Bettcher/Getty Images

On today's show, we'll talk about why some want the Fed to change the way it operates; the role of private philanthropy in public education; and the fall opening of Prince's estate, Paisley Park.

Segments From this episode

Are powerful philanthropic groups good for education?

by Amy Scott

Aug 26, 2016

A new book looks at how groups like the Bill & Melinda Gates Foundation are influencing public education.

Bill and Melinda Gates, founders of the Bill & Melinda Gates Foundation, take part in a discussion organized by "The Economist" about expected breakthroughs in health, education, farming and banking.

EMMANUEL DUNAND/AFP/Getty Images

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A fully public Fed?

by Sabri Ben-Achour

Aug 26, 2016

Protesters on the left, as well as some economists, want to revamp the Fed.

A view of the Federal Reserve Bank of St. Louis, one of the 12 regional Reserve Banks.

Matthew Black/Flickr

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Prince's Paisley Park will open its doors to fans

by Reema Khrais

Aug 26, 2016

Prince's museum will be run by a firm with ties to Elvis Presley's Graceland.

Music fans visit a memorial created outside Paisley Park, the home and studio of Prince.

Scott Olson/Getty Images

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Houston spends millions to woo post-Panamax ships

by Marketplace Contributor

Aug 26, 2016

As giant ships navigate through the widened Panama canal, Houston is ready for them.

The Port of Houston’s Bayport Container Terminal features nine new cranes that can load and unload post-Panamax ships.

Gail Delaughter/Houston Public Media

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Mid-day Update

A $52 billion loss for Japan's pension investment fund

by Amy Scott

Aug 26, 2016

ITT Tech's inability offer federal aid to new students, Japan's pension fund loss, and Houston's efforts to attract mega ships.

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On today’s show, we’ll talk about why some want the Fed to change the way it operates; the role of private philanthropy in public education; and the fall opening of Prince’s estate, Paisley Park.