Aug 10, 2017

08/10/2017: Markets go down. Go figure.

A man looks at a screen showing global stock market information on the street in Tokyo on August 25, 2015. Chris McGrath/Getty Images

All three major stock indices fell today, and not a little bit either. And guess what: That's what's supposed to happen. We'll talk about it when we do the numbers. Then: The White House touted a huge deal between Wisconsin an Foxconn: 13,000 jobs in exchange for $3 billion in tax breaks. The state won't break even for more than 25 years, but these deals are becoming more and more common. Plus: Most undocumented immigrants who are deported are Latino men with jobs. That has a ripple effect on housing.

Segments From this episode

What happens to your house when you get deported?

by Reema Khrais

Aug 10, 2017

Most undocumented immigrants who are deported are Latino men with jobs. That has a ripple effect on housing.

Immigrant services staffer Lorely Peche (C), speaks with immigrant parents fearing deportation on March 25, 2017 in Stamford, Connecticut.

John Moore/Getty Images

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Why your next landlord might be based on Wall Street

by Sabri Ben-Achour

Aug 10, 2017

Two of the country’s largest institutional landlords are joining forces. Starwood Waypoint Homes and Blackstone’s Invitation Homes are merging, becoming a mega landlord with 82,000 homes in metropolitan areas across the country. The merger tells us a lot about the housing and single-family home rental markets. Click the audio player above to hear the full […]

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Uber’s divorce from auto leasing business highlights subprime market risks

by Ryan Kailath

Aug 10, 2017

Uber, amidst its many troubles, will be winding down one chunk of its business. The Wall Street Journal reports that Uber will end it’s car leasing program by the end of the year. You may remember from 2015 that Uber started an auto leasing division as a way to attract new drivers. The idea being, […]

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Koch brothers are silent investors in "Wonder Woman"

by Kai Ryssdal and Sean McHenry

Aug 10, 2017

One hears a lot that in its politics, Hollywood tends toward the liberal. The Kansas-based Koch brothers (whose company is an on-again, off-again underwriter of this program) tend toward conservative politics. And one would imagine that the twain would never meet. But movies are expensive to make, so producers need money. And movies can be profitable, and […]

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Do tax incentives pay off for states wooing employers?

by Amy Scott

Aug 10, 2017

Last month President Trump announced a deal with Taiwanese electronics manufacturer Foxconn to bring as many as 13,000 jobs to southeastern Wisconsin in exchange for $3 billion in tax breaks. Now legislative analysts are projecting the state won’t break even on that investment for more than 25 years. These sorts of mega-incentives to lure employers […]

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All three major stock indices fell today, and not a little bit either. And guess what: That’s what’s supposed to happen. We’ll talk about it when we do the numbers. Then: The White House touted a huge deal between Wisconsin an Foxconn: 13,000 jobs in exchange for $3 billion in tax breaks. The state won’t break even for more than 25 years, but these deals are becoming more and more common. Plus: Most undocumented immigrants who are deported are Latino men with jobs. That has a ripple effect on housing.