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Kai Ryssdal
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07/14/2017: Sometimes napping on the job is OK

Jul 14, 2017

Episodes 2461 - 2470 of 5795

  • Welcome to MAGAnomics
    J Pat Carter/Getty Images

    President Trump’s budget director Mick Mulvaney took to the Wall Street Journal’s op-ed page today to make the case for “MAGAnomics.” There’s a lot to unpack. We’ll take it line by line, starting with the White House’s promise of 3 percent growth. Then: It’s performance review season, at least it is at Marketplace. But some companies are finding that a steady stream of feedback is more effective. Plus: Silicon Valley is just 25 percent women, and a new study found many women who leave tech jobs were sexually harassed and passed over for promotions.

  • 07/12/2017: Here’s what Janet Yellen’s thinking
    Pete Marovich/Getty Images

    The Humphrey Hawkins Act of 1978 codified two fundamental parts of the Federal Reserve. First, the dual mandate of full employment and steady inflation. Second, that twice a year the Fed chair would schlep up to Capitol Hill and tell Congress what’s goin’ on with the economy. Today was possibly the last Humphrey Hawkins day for Chair Janet Yellen, so we’ll go over a few highlights of her testimony. Then: The refugee crisis is still very real in Greece, where the government is struggling to keep up. Now, help is coming from an unlikely source. Plus, when does corporate-funded research cross the line? Google might be skirting it, according to an investigation from The Wall Street Journal.

  • 07/11/2017: The *other* news out of the White House
    MIGUEL MEDINA/AFP/Getty Images

    We told you yesterday about Congress’ long to-do list, and today Senate Majority Leader Mitch McConnell delayed the August recess to address it. But over on the other end of Pennsylvania Avenue, there’s a lot going on. President Trump sent Congress his first nominee for the Federal Reserve and got his nominee for the Office of Information and Regulatory Affairs approved. We’ll talk about both. Then: Snap shares are trading below their initial public offering price back in March amid advertising worries. We’ll look at a possible case of buyer’s remorse. Plus: the business of building big stadiums.

  • U.S. Rep. Kevin Brady, left, (R-TX), President Donald Trump, Speaker of the House Paul Ryan (R-WI), House Majority Whip Steve Scalise (R-LA) and House Majority Leader Kevin McCarthy (R-CA) participate in a Rose Garden event Thursday at the White House after the House has passed the American Health Care Act 217-213. The bill now goes to the Senate. 
    Alex Wong/Getty Images

    Congress is back from its July Fourth break, and there’s a lot to do in a short few weeks before the next recess. Health care is at the top of a long agenda, but if it doesn’t pass, the delay will push onto other legislation coming down the pike. We’ll break it all down. Then: President Trump and European leaders had pretty different assessments of this weekend’s G-20 Summit, so with that in mind, let’s do an economic cost-benefit analysis of “America First.” Plus, a story of good intentions gone wrong in a couple of the busiest ports in the country. 

  • President-elect Trump selected lawyer Robert Lighthizer as his administration's U.S. Trade Representative. 
    JIM WATSON/AFP/Getty Images

    We always enjoy Jobs Friday, and this was an especially good one: About 222,000 people got jobs across all kinds of industries last month, and unemployment ticked up a hair because more people are out looking for work. The one black mark on this month’s report was wages. Average hourly earnings were barely up in June, and it’s the latest in a line of tepid monthly increases. That just isn’t the way things are supposed to be working right now. We’ll talk about why and break down the rest of the jobs report in the Weekly Wrap. With President Trump at the G-20 this weekend, trade’s on the table, too. Plus: the business of summer camp.

  • The craft store chain Hobby Lobby agreed to pay a fine and forfeit thousands of illegally smuggled goods to federal prosecutors. Above: Customers enter a Hobby Lobby store in Antioch, California in 2014.
    Justin Sullivan/Getty Images

    The G-20 summit in Hamburg, Germany, and the street protests happening alongside it are the big global political story. But it’s really an economic story, about the winners and losers in global trade. With that in mind, we’re starting with the Commerce Department today and the news that the trade deficit fell last month. It’s President Trump’s favorite, if misguided, economic metrics, but this drop was more about the dollar than anything else. Then: Hobby Lobby is paying a $3 million fine and handing over a bunch of smuggled antiquities today as part of a bizarre story that broke yesterday. We’ll get you caught up on everything. Plus: A merging of two home shopping giants that could create a giant in retail, period.

  • Legislation is “like an old Roman city,” says Nicholas Bagley, a law professor at the University of Michigan. The original is on the bottom and amendments are layered on top. To understand legislation, you have to know how it's changed, he says. Above, House Speaker Paul Ryan speaks to the media in March.
    Mark Wilson/Getty Images

    It’s not exactly beach reading, but it’s not the Fourth of July anymore either. Congress is back from recess next week and Senate Majority Leader Mitch McConnell has his sights on reworking and then passing his party’s health care bill. Here’s the thing though: reading the bill’s 142 pages is really tough unless you’re an expert. So we called one. Then: President Trump tweeted Monday that gas prices are the lowest they’ve been in a decade and he’d like to see them go lower. Because facts matter: they’re low, but not that low, and the full picture of what “cheap gas” means is a lot more complicated. Plus, for many people it’s easier than ever to get by in this economy without carrying any currency. So what’s the future of cash look like?

  • 07/04/17: How does the rest of the world feel about the US?
    Christopher Gregory/Getty Images

    A Pew Research survey shows that positive attitudes toward the U.S. have declined from 64 percent approval during Barack Obama’s presidency to 49 percent in 2017. President Trump as individual scored lower with the international community, 22 percent of people have confidence in him to do the right thing in international affairs. We’ll talk about the USA brand and the upcoming G-20 summit as the President is faced with the news of a longer-range missile tests out of North Korea. Also on today’s show: The business of making Spider-Man. Marketplace’s Adriene Hill talks to the writers of the upcoming movie “Spider-Man: Homecoming.”

  • Eighteen-year-old Martha said a big reason she's staying at home for college is to help support her mom, who's undocumented and fearful of deportation.
    Reema Khrais/Marketplace

    We know, we know: It’s the height of summer vacation, but sadly policy waits for no one. Secretary of Education Betsy DeVos has made school choice a priority, and charter schools are one pillar of that choice. But as charters become more popular, it’s becoming apparent that the choice isn’t being applied equally, and that’s re-segregating some school districts. Plus, millions of students will head to college this fall, including an unknown number of undocumented students. Being a first-generation college student is tough, but undocumented status complicates things on another level. We’ll talk with a few students about what they’re going through. Plus, the latest news from Tesla, and just in time for the holiday weekend, a conversation with a professional grill master.

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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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