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Feb 16, 2017

02/16/2017: How small is too big to fail?

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There was a time when a North Korean missile launch, a Russian spy boat, a resigned national security adviser and a couple of disastrously rolled out executive orders might have been very bad news for Wall Street and stock prices. Not anymore. We'll look into that, plus President Donald Trump's new pick to head the Labor Department and the measure the government uses to decide what's "too big to fail." Plus, more dispatches from America's downtrodden steel towns and a bit on Trump's press conference today.

Segments From this episode

Ambulance service in Texas now delivering home care

Feb 16, 2017
In Fort Worth, some paramedics are taking their time with patients instead of rushing them to ERs.
MedStar still has a fleet of traditional ambulances, but community paramedics drive sedans for home visits.
Lauren Silverman

Laid-off aluminum workers look to retraining

Feb 16, 2017
Some are learning to become auto mechanics at Wenatchee Valley College as part of the government-supported program.
Alcoa's aluminum smelter in Wenatchee, Wash., idled since early 2016, was built in 1952. It's adjacent to the Rock Island Dam, built in the 1930s to produce hydroelectric power.
Center for Land Use Interpretation

How small is too big to fail?

Feb 16, 2017
President Donald Trump has said he wants to roll back much of the Dodd-Frank financial reform law that Congress passed after the financial crisis. Smaller regional banks have honed in on one part of Dodd-Frank they would like to change: the rule on how big a bank has to be for it to be considered […]

Amid turmoil in Washington, it’s full speed ahead on Wall Street

by
Feb 16, 2017
There was a time when a North Korean missile launch, a Russian spy boat, a resigned national security adviser and a couple of disastrously rolled out executive orders might have been very bad news for Wall Street and stock prices. Stories You Might Like 03/07/2018: Trump’s chief economics adviser has resigned, and markets are taking […]

My Economy: The expensive side of working gigs

Feb 16, 2017
A former engineer on why short-term jobs aren't just for millennials.
Co-working spaces like Cove in Washington, D.C.,  are growing as more people work the short-term jobs of the gig economy.
BRENDAN SMIALOWSKI/AFP/Getty Images

Snap says it's worth about $18 billion in preparation for IPO

Feb 16, 2017
Snap, the parent company of the social network Snapchat, laid out a preliminary valuation for its highly anticipated IPO today in a regulatory filing with the Securities and Exchange Commission. The maker of the disappearing-photo application puts its market value in the range of $16 billion to $18.5 billion. This is down considerably from the […]

Trump tries again with new Labor secretary pick

Feb 16, 2017
President Donald Trump announced that he’s got a new pick for Labor secretary, R. Alexander Acosta. Recall his previous nominee, Andrew Puzder, dropped out after a good deal of backlash and potential looming scandals. Acosta is formerly of the National Labor Relations Board and the Department of Justice, and, most recently, dean of the law […]

What kind of economy did President Trump actually inherit?

Feb 16, 2017
It's not really how he describes it.
From left, First Lady Melania Trump, President Donald Trump, former President Barack Obama and former First Lady Michelle Obama stand on the steps of the U.S. Capitol on Inauguration Day.
Rob Carr/Getty Images

U.S. warns NATO to up defense spending

Feb 17, 2017
U.S. Defense Secretary James Mattis was in Brussels today, meeting with defense ministers from the 28-member NATO alliance. Mattis told the allies that they needed to step up their defense spending or else America might moderate its commitment to NATO.  What does the current U.S. stance mean for the future of the alliance and how many NATO members […]

There was a time when a North Korean missile launch, a Russian spy boat, a resigned national security adviser and a couple of disastrously rolled out executive orders might have been very bad news for Wall Street and stock prices. Not anymore. We’ll look into that, plus President Donald Trump’s new pick to head the Labor Department and the measure the government uses to decide what’s “too big to fail.” Plus, more dispatches from America’s downtrodden steel towns and a bit on Trump’s press conference today.

Music from the episode

Swimming Delicate Steve
Tomorrow Delicate Steve
Fiction Steve Gunn
Wonton Medeski, Martin & Wood
Fu-Gee-La Fugees
Banquet Bloc Party
Evil Ways Santana
Help Delicate Steve

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