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Marketplace Business News Podcast
Kai Ryssdal
Latest Episode

07/28/2017: It’s been quite a week

Jul 28, 2017

Episodes 2451 - 2460 of 5795

  • 07/27/2017: The other Anthony Scaramucci story
    Chip Somodevilla/Getty Images

    We’re going to set aside the palace intrigue around new White House Communications Director Anthony Scaramucci today (yes, even that) and take a look at his finances instead. He ran a fund-of-funds firm called SkyBridge Capital, which he sold to a Chinese company to take a government job. We’ll take a look at the sale and how much “The Mooch” is set to make from it. Then: a deep dive into the challenges and promise of wind farms at sea and a visit to a virtual charter school in Erie, Pennsylvania.

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

    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.

  • Sen. John McCain walks to the U.S. Senate chamber July 25, 2017 in Washington, DC. McCain was recently diagnosed with brain cancer but returned on the day the Senate is holding a key procedural vote on U.S. President Donald Trump's effort to repeal and replace the Affordable Care Act.
    Mark Wilson/Getty Images

    The Senate’s effort to repeal-and-something Obamacare inched forward a bit today, and the next 24 hours or so are going to be busy. We’ll walk though what happens next. Then: The Federal Reserve meets tomorrow, so let’s talk interest rates. The benchmark federal funds rate has gone up a full percentage point since the Fed started hikes. So why isn’t your saving account making a thing? Plus: Farmers are struggling thanks mostly to low commodity prices amid a global grain glut. We’ll look at the view from the wheat fields.

  • Ariel Fernandez, left, sits with Noel Nogues, an insurance adviser with UniVista Insurance company, as he signs up for the Affordable Care Act in 2015 in Miami.
    Joe Raedle/Getty Images

    There are two big votes on Capitol Hill tomorrow, and we’ll talk about both on the show today. First, the House is taking a bill on Russian sanctions. They’re a source of tension with the White House and some businesses in the European Union who say they’ll be squeezed. Then: As health care keeps gobbling up more and more of our economy, controlling costs is something everybody agrees on. Ahead of another Senate vote tomorrow, we’ll look at the Affordable Care Act’s Innovation Center, which finds ways to slow spending while looking out for patients. Plus, some of the best views of the upcoming solar eclipse will be from rural Oregon. That’s an economic super nova for one farming town. 

  • We pay tribute to the summer movie season with a look back at the thriller that put blockbusters on the summer calendar: “Jaws.” Plus, we talk short selling with the Wall Street Journal’s Ben Eisen and get into Amazon’s $12 million lobbying budget and the U.S. Chamber of Commerce’s message to GOP lawmakers grappling with President Trump’s tax plans.

  •  Storm clouds fill the sky over the U.S. Capitol Building.
    Mark Wilson/Getty Images

    While the Senate keeps on trying to figure out what it’s gonna do about health care, there are plenty of other economic policy problems to deal with. The next big project on the table is tax reform. We take a look at how that debate is shaping up. Also on today’s show: What do gold, glitz and lawsuits have in common? The Trump International Hotel. Plus, we talk to Clint Rainey from Bloomberg Businessweek about America’s cheese surplus and the “mad cheese scientists” who are trying to solve it. That’s right, cheese scientists.   

  • The Republican effort to get rid of Obamacare and maybe, sometime, replace it is alive again. Or is it? The Congressional Budget Office released a new score this afternoon on GOP efforts to repeal and delay replacement. The bottom line: 32 million more people without insurance by 2026, and a cut in federal deficits by $473 billion in that same period. We’ll get you up to speed. Then: local governments all around the country have sent the White House hundreds of projects for consideration under a big infrastructure package. But Trump’s push for private investment could mean his base gets left out of the spending spree. Plus: Can baseball movies make a comeback?

  • President Donald Trump at an event at the White House July 17, 2017 in Washington, DC. 
    Andrew Harrer-Pool/Getty Images

    After years of trying, the Republican-controlled Congress won’t be replacing Obamacare or even repealing it with a replacement TBD. President Trump’s new plan, he said today, is “just let Obamacare fail.” Leaving aside that’s quite a thing to say about a sixth of the economy, you might wonder how insurers are taking the news. Turns out, most of them don’t make much money in the individual market anyway. We’ll look at UnitedHealth, which is mostly out of the exchanges, but posted huge second-quarter earnings today. Then: The fizzled-out health care reform pushed the dollar to an 11-month low today. Investors are doubting we’ll see any of Trump’s big promises delivered soon, but D.C. gridlock isn’t the only thing driving down the dollar. Plus: How do you know your neighborhood’s gentrifying? When South Harlem becomes “SoHa.” 

  • 07/17/2017: Is it back-to-school season already?

    The White House’s “Made In America Week” started with a lot of trade news. Trade reps from China and the U.S. will meet Wednesday, and this afternoon we got the administration’s objectives for renegotiating NAFTA. We’ll talk about both. Then: Back-to-school shopping used to be like Christmas for some retailers, but now it happens all year round. Plus, because it’s still summer after all, we have an interview with the inventor of the self-sealing water balloon. Finally, as part of our ongoing series “Way of Life,” we’ll look at the tough-to replace food jobs that have left Chicago. 

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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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