Mar 2, 2017

03/02/2017: From $24 billion to $33 billion in a Snap

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Snap Inc. made a splash in its first day of trading today. Shares rose 44 percent from the initial offering, valuing Snapchat's parent company at about $33 billion. The company's young founders are billionaires, and many of its employees are…

Segments From this episode

College students consider what it would mean to work for Homeland Security

Mar 2, 2017
Traffic is heavy at the agency's table at a Temple University career fair.
Criminal Justice students at Temple University attend a job fair Wednesday, at which Homeland Security recruited for the agency's investigative branch.
Joseph V. Labolito/Temple University Photography

Trading firms cut fees in bid to boost market share

Mar 2, 2017
Investors cheered by the recent rally that took the stock market to record highs have another reason to celebrate. Some of the nation’s biggest brokerage firms — Fidelity, Charles Schwab and TD Ameritrade — all announced this week that they’re…

The greenback challenges Donald Trump’s agenda

by
Mar 2, 2017
 The U.S. dollar is moving full steam ahead. It’s on its longest winning streak since May. That’s because investors like U.S. economic fundamentals and because they’re betting on an interest-rate hike by the Federal Reserve in March. But the rising…

Is Germany a currency manipulator?

Mar 2, 2017
Europe's most powerful economy has done better from the euro than some in the European Union.
A euro coin is pictured on U.S. dollar notes.
PHILIPPE HUGUEN/AFP/Getty Images

The list of companies that want to build the wall is growing

Mar 2, 2017
The government is getting ready to solicit bids to design and build border wall prototypes.
A stretch of wall between Nogales, Arizona, and Mexico.
Kimberly Adams/Marketplace

Snap Inc. made a splash in its first day of trading today. Shares rose 44 percent from the initial offering, valuing Snapchat’s parent company at about $33 billion. The company’s young founders are billionaires, and many of its employees are now millionaires (on paper anyway). We’ll look at the effect all that young money is having on Venice, California, where the company is based. Plus, more than 300 companies have expressed interest in building President Donald Trump’s proposed border wall with Mexico. We’ll take a look at the bidding process and what these companies stand to make. Then, a visit to a Border Patrol job fair.

Music from the episode

Stress Me Out Bibio, Olivier St.Louis
Anthem II Chris Forsyth, The Solar Motel Band
Native Dreams Rose Windows
Soul Vibration Chris Standring