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Marketplace

Marketplace Business News Podcast
Kai Ryssdal
Latest Episode

08/11/2017: America the protectionist

Aug 11, 2017

Episodes 2441 - 2450 of 5795

  • 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.

  • This undated picture released from North Korea's official Korean Central News Agency in 2014 shows North Korean leader Kim Jong Un, front left, inspecting the command of Korean People's Army.
    KNS/AFP/Getty Images

    The headlines about fire and fury and escalation and threats and all that has happened the past 24 hours are alarming. No doubt about it. Without discounting the reality of what’s going on, allow us to cut through the fear a little bit. Nothing in this economy reacts as viscerally to the news as the markets to. The bond market, in particular, is a refuge in times of uncertainty. And it’s telling us to take a deep breath. We’ll explain. Then: For the first time in 60 years, the U.S. is set to become a net exporter of natural gas. Now we need to get the infrastructure up to speed. Plus: Go ahead, cut the cord, see if cable companies care. 

  • A man walks past a television screen showing file footage of a North Korean missile launch, at a railway station in Seoul on April 5, 2017. Nuclear-armed North Korea fired a ballistic missile into the Sea of Japan on April 5, just ahead of a highly-anticipated China-US summit at which Pyongyangs accelerating atomic weapons programme is set to top the agenda.
    Jung Yeon-Je / Getty Images

    We’re starting the show tonight by doing the numbers of two crises facing the U.S. — and neither of them have to do with North Korea. First, we’ll talk about the challenges of getting money to fight the opioid crisis, then why fighting climate change doesn’t have to mean cutting economic growth. Of course, we’ll also look at how markets reacted to President Trump’s talk of raining “fire and fury” on North Korea (with a shrug). After that, we’ll look at recent advertising campaigns focused on social issues, their risks and their rewards. Plus: How the decline of laundromats is changing U.S. cities.

  • 08/07/2017: Where did globalization go wrong?
    Ken Garduno, Illustrator

    A lot’s changing about America’s place in the global economy. NAFTA negotiations are starting next week in Washington, and President Trump has already withdrawn from the Trans-Pacific Partnership. In a lot of ways, it’s the total opposite of the late ’80s and early ’90s, when opening things up was supposed to be the key to growth. We’re kicking off our new series, “Trade Off,” with a look at the dream of trade some 30ish years ago. Globalization had some much-hyped economic winners, but the losers were hit disproportionately hard. Plus: putting the recent sanctions against North Korea into perspective. Then: What would get people to stop using checks?

  • One idea to get more people recycling in New York is to give them bags with a bar code on it that would attribute the load to a particular apartment. Above, bags of recycling are piled on a Manhattan street.
    Spencer Platt / Getty Images

    Today’s jobs report was good, really good. But as with almost all things economic, it wasn’t all sunshine. We’ll talk about why, and recap the rest of the week’s news. Then: Toyota and Mazda said today they’re going to build a $1.6 billion plant in the U.S. in the next couple of years. The news comes amid seven straight months of falling sales for the Big Three American auto companies. Plus: New Yorkers produce a lot of garbage, which is only natural in a city of 8.5 million people. But what’s not so natural is the city’s recycling rate: around 17 percent.

  • 08/03/2017: When an immigration raid sets off economic crisis
    Justin Sullivan/Getty Images

    President Trump has thrown his weight behind a bill that would fundamentally change American immigration policy. It would make immigration skills-based and cut in half the number of people legally allowed to come here. Put another way, it’s a bill that would make the labor force smaller in an economy already pretty near full employment. We’ll talk about it, then look at wages: The tight labor market is making it harder to hire without (finally) raising pay significantly. Plus: In Postville, Iowa, hundreds of workers were arrested in an immigration raid and virtually disappeared overnight. The small town’s economy still hasn’t recovered.

  • 08/02/2017: The Dow is not the economy
    Spencer Platt/Getty Images

    … And the economy isn’t the Dow Jones Industrial Average. It’s worth repeating today, when the Dow closed above 22,000 and President Trump is touting the record as a big economic win. We’ll just note that stocks aren’t even the right market to be watching; the dollar is tumbling. Then: Chaos continued in Venezuela today with confirmation that voting machines had been tampered with before last weekend’s election. The U.S. is threatening more sanctions, but they could lead to unintended consequences. Plus: Most people expect public Wi-Fi to be free. So how do you make money providing it? We asked Boingo’s CEO. 

  • A factory worker at the Fiat Chrysler Automobiles U.S. Warren Stamping Plant in Warren, Michigan.
    Bill Pugliano/Getty Images

    The Trump administration has been pretty distracting. White House comings and goings, tweets, health care, all of it. So today we’re bringing you a few stories you might have missed recently. To start, we’ll talk car sales, which are tanking, and the bond market, which may or may not be in a bubble. Then: Wells Fargo is somehow still in trouble for something else. Plus: Just a couple generations ago, hunting was a way of life for some families. It put food on the table. Now fewer people are getting up early and putting on camo — but those who do are spending more.

  • Workers prepare for the Presidential Inauguration for incoming US President Donald Trump at the US Capitol in Washington, DC, January 5, 2017. 
 
    SAUL LOEB/AFP/Getty Images

    We’re starting today with an attempt to bring order out of chaos. We’re not talking about the recent White House staffing changes, but lobbying groups that are moving past health care as Congress turns to tax reform. Millions are set to be unleashed, but what do those groups hope to get for their money? Then: It’s earnings season, and so far things are pretty good, but what does corporate health tell us about the economy? Plus, a history of the income tax deduction, and what “The Emoji Movie” says about Hollywood.

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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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