Jul 26, 2017

07/26/2017: Inside the mind of Janet Yellen

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The Federal Open Market Committee wrapped up its meeting today. No changes in interest rates, as we all knew there wouldn't be. But the Fed did change its narrative of the American economy. We'll try to read the tea leaves in Chair Janet Yellen's statement. Then: Amazon says it's hiring 50,000 people for fulfillment centers all around the country. That's about a quarter of all the jobs the entire economy has been adding every month. But is the hiring spree actually as big a deal as it seems? Plus: A Nashville organization tries to pair refugee organizations with hipster restaurants.

Segments From this episode

How a business tycoon cashed in on the Mexican Revolution

Jul 26, 2017
You may not have heard of him, but the Tennessee farm boy was once the richest man in Mexico.
Mexico City in 1912.
Reinhold Thiele/Thiele/Getty Images

In Nashville, a program connects refugee farmers to hipster tables

Jul 26, 2017
A program called Growing Together encourages refugees living in Tennessee to get back into farming.
Chef Jess Benefield shows how Japanese shishito peppers are fried to create a popular appetizer at Two Ten Jack restaurant in East Nashville. Finding quality peppers can be difficult, Benefield said.
Chas Sisk/for Marketplace

Ford can’t seem to catch a break

Jul 26, 2017
Ford shares have been on a steady slide for the past three years now. That’s quite a remarkable place for Ford to be, especially given the company continues to put out the F-150 pickup, the hottest selling truck in the world. Shareholders don’t seem very impressed by Ford’s plans to transition into a future powered […]

How smart backpacks and other tech advances are reviving the textile industry

Jul 26, 2017
After decades of losing ground to overseas manufacturers using cheap labor, the U.S. textile industry is showing signs of revival. The resurgence is fueled in part by increased R&D into advanced fabrics — like fire-retardant material and smart garments filled with high-tech sensors. It’s meant a growing number of textile industry jobs — but jobs […]

The Federal Open Market Committee wrapped up its meeting today. No changes in interest rates, as we all knew there wouldn’t be. But the Fed did change its narrative of the American economy. We’ll try to read the tea leaves in Chair Janet Yellen’s statement. Then: Amazon says it’s hiring 50,000 people for fulfillment centers all around the country. That’s about a quarter of all the jobs the entire economy has been adding every month. But is the hiring spree actually as big a deal as it seems? Plus: A Nashville organization tries to pair refugee organizations with hipster restaurants.

Music from the episode

Sa Mo Jung TOKiMONSTA
N.Y. Doves
Rockchurch DJ Babu
Certainty Temples