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Marketplace Business News Podcast
Kai Ryssdal
Latest Episode

10/06/2017: How do we count jobs numbers?

Oct 6, 2017

Episodes 2401 - 2410 of 5795

  • President Donald Trump delivers a speech on June 7, 2017 in Cincinnati, Ohio. Donald Trump spoke about transportation and infrastructure projects. 
    Bill Pugliano/Getty Images

    President Donald Trump gave his assessment of the American economy this morning on Twitter: “Stock Market hits an ALL-TIME high! Unemployment lowest in 16 years! Business and manufacturing enthusiasm at highest level in decades!” A couple things about that: Markets go down too, and unemployment was only at a 16-year low back in June. It’s not clear what “business enthusiasm” metric he was using. But look: It’s a long-established tradition for presidents to claim credit for the country’s economic successes. Whether that credit’s always deserved? That’s less clear. Also on this show: We’ll bring you the latest on Republicans’ tax plan and examine a play all about junk bonds. Plus: Our reporter hitched a ride yesterday on a planeload of union nurses, truck drivers and electricians headed from New York to Puerto Rico.

  • A broken window is seen at the Mandalay Bay Resort & Casino on October 4, 2017 in Las Vegas, Nevada.
    David Becker/Getty Images

    After a tragedy, like the one in Las Vegas Sunday, we’re left with many questions. Here’s just one: If you run a hotel, or a festival, or anyplace where a lot of people gather, what do you do now to keep them safe? Security at big events and heavy traffic areas is already tougher than it used to be, and hardening those soft targets doesn’t come cheap. Then: One very basic way to think of what the White House and Republicans in Congress are trying to do with the tax code is get rid of deductions to help pay for lower tax rates. A big one is the corporate tax deduction, and businesses hold it dear. Plus, a conversation with Marriott CEO Arne Sorenson about the election, Airbnb and how his company became the largest hotel chain in the world.

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    MANDEL NGAN/AFP/Getty Images

    Two weeks after Hurricane Maria tore though Puerto Rico, and residents are struggling to get basic supplies and power. President Donald Trump made his first trip to survey the damage today and do a little back patting for the federal response. He also joked the disaster was throwing the federal budget “out of whack.” The truth is the cost of aid is far from the only thing in D.C. with big budget implications. Take the GOP tax plan: White House Budget Director Mick Mulvaney is saying it has to add to the deficit to be effective. We’ll start the show sorting through that claim. Then: Solar panels are cheaper than ever, but they’re still out of reach for the people they could help most. Take Brunswick, Georgia: The poverty rate’s 41 percent, and electric bills can top $250 in the summer. Can it benefit from the solar boom? Plus, the latest on Facebook’s ad sales to Russian operatives.

  • Interest rates aren't the only thing Fed Chair Janet Yellen is concerned about on daily basis.
    Mark Wilson/Getty Images

    As the police and FBI in Las Vegas try to figure out the “whys” of last night — not that there can really ever be an answer to that question — we’re going to stay in our lane today and just note that President Trump will make a trip to the city Wednesday. Before that he’ll travel to Puerto Rico, bringing with him news of a $13 billion request to Congress for emergency assistance. FEMA director Brock Long pointedly defended the federal response amid mounting criticism, adding that Washington’s trying to get the private sector more involved. Then, onto tax reform: There’s a disconnect between Republicans, who are pushing tax cuts to spur growth, and the Federal Reserve, which says things are doing just fine. Plus, what you need to know about the unrest in Spain.

  • “When you're doing your taxes, you're just the IRS' lowest-paid employee,” said Austan Goolsbee, former chairman of Obama's Council of Economic Advisers. “All you’re doing is typing in information they already have.”
    Chris Hondros/Getty Images

    Lobbying is the word of the day as we look toward the rest of Congress’ year. Tax policy might be the only issue that affects more Americans than health care, and if you thought the fight over Obamacare was intense, you ain’t seen nothing yet. Then, we’ll look at Facebook and Twitter, who are both in hot water with lawmakers over Russian interference in the 2016 election. Later, we’ll examine the rebuilding effort in Puerto Rico and what debt’s got to do with it. Plus, we’ll talk about President Donald Trump’s tax cut in the Weekly Wrap.

  • Gary Cohn, president and chief operating officer at Goldman Sachs, talks on his phone as he arrives at Trump Tower, November 29, 2016 in New York City.
    Drew Angerer/Getty Images

    As tax week marches on, ranking Republicans in Congress and the White House are busy talking up their reform proposal. We’ll do some fact-checking around who wins and who loses, then tackle all the potential changes to the corporate tax code. After that, we’ll look at how one Los Angeles neighborhood group is fighting off gentrification by buying its own building. Plus: The second half our conversation with Microsoft CEO Satya Nadella.

  • 09/27/2017: What we talk about when we talk about taxes
    Olivier Douliery-Pool/Getty Images

    Congressional Republicans and the White House took the wraps off their plans for the tax code today. It’s still pretty broad, but we’ll start the show by working though some of the details we got today: doubling the standard deduction, how companies will use tax savings on profits they bring home and maybe most importantly, how party leaders are gonna sell this thing. Then, we’ll take a look back to 1986, the last time the government got tax reform through. Plus: A conversation with Microsoft CEO Satya Nadella about his new book, immigration and — what else? — tax reform. 

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  • San Juan, Puerto Rico, on Sept. 20, after Hurricane Maria slammed into the U.S. territory.
    HECTOR RETAMAL/AFP/Getty Images

    Hurricane Maria left 3.5 million Americans scrounging to find food, water and electrical power. President Donald Trump announced today he’ll be heading to Puerto Rico to assess the damage and check on aid efforts. “It’s the most difficult job,” he said. “It’s out in the ocean. You can’t just drive your trucks there from other states.” That’s true! We’ll talk about it. Then: Facebook touches 2 billion people around the world, and some in Congress are calling for regulations that would treat it more like a media company. But what would that even look like? Plus: A conversation with outgoing Vanity Fair Editor (and long-time Trump enemy) Graydon Carter.

  • President Donald Trump pauses to speak to the press while boarding Air Force One at Morristown Airport September 24, 2017 in Morristown, New Jersey. 
    BRENDAN SMIALOWSKI/AFP/Getty Images

    Congressional Republicans and the White House have promised they’ll start filling in the blanks on their proposals to overhaul the tax code Wednesday, though you’d be forgiven if it escaped your notice. Anyway, the early glimpses we’ve gotten of the White House’s plans have been a bit confusing, so we’ll start today’s show trying to sort it all out. Then: Critics have accused the government of being slow to respond to the devastation in Puerto Rico, but one industry is watching very closely: Big Pharma. More than a quarter of all the drugs we export are made in the territory. Plus, Nebraska has more refugees than any other state in the country per capita. Today we’ll take a look at Yazidis, a religious minority in Iraq that has found a second home in Lincoln.

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About the show

Hosted by Kai Ryssdal, our leading business news radio program and podcast is about providing context on the economic news of the day. Through stories, conversations and newsworthy developments, we help listeners understand the economic world around them. Marketplace makes sense of the economy for everyone, no econ degree or finance background required. Marketplace doesn’t just report on the numbers, we take it deeper, adding context to what’s happening in the stock market and how macroeconomic policy can affect you and your business. Monday through Friday, our team speaks with a wide range of industry professionals — from small business owners to Fortune 500 CEOs, Marketplace breaks down complex topics related to business and the economy without industry jargon and over-complicated explanations.

Kai Ryssdal has led the program since 2005 and has hosted the program from China, the Middle East and dozens of cities across the United States. As a leading public media voice, Kai has been a trusted broadcaster for two decades and received an Emmy for investigative journalism on a PBS FRONTLINE documentary about money in politics called “Big Sky, Big Money.” He has appeared often on CNN, CNBC and CBS news. His written work has been featured in The New York Times and The Atlantic.

Produced and distributed by American Public Media (APM) our popular business news podcasts are available worldwide on Apple Podcasts, Spotify, and RSS Feeds and any place else where you get your podcasts.

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