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Marketplace

Marketplace Business News Podcast
Kai Ryssdal
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06/30/2017: Where’s Trump’s trade policy?

Jun 30, 2017

Episodes 2471 - 2480 of 5795

  • Pedestrians pass a Staples store in New York City.
    Spencer Platt/Getty Images

    No health care on the show today — and very little President Trump — just some good ol’ fashion corporate news up top. The office supply store Staples, has agreed to be acquired for nearly $7 billion. If the private equity deal goes through, it’ll be the biggest buyout of the year to date. But it’s also been a grim year for retail; sales and profits at Staples have been dropping for years. So who’s buying? And why? Then: We’re talking about a lot of stress tests today, not just on the nation’s big banks but on energy companies.  Investors at Occidental Petroleum and Exxon Mobil voted last month for more transparency around climate change, and how it’ll affect the bottom line. Plus: National Parkas and Forests make for popular camping spots over any summer, but that public campground might be privately run these days.

  • President Donald Trump announces his decision to withdraw the U.S. from the Paris Climate Accords in the Rose Garden of the White House in Washington, DC, on June 1, 2017.
    BRENDAN SMIALOWSKI/AFP/Getty Images

    If you can count on anything, it’s that you can’t count on Washington for anything right now. You’ve got inconsistent statements, intra-party squabbling, ambitious legislative goals with real policy differences and, oh yeah, a special prosecutor and a few congressional investigations. The potential economic costs really start to add up. Plus: We’re on Day Two of another high-profile ransomware attack that’s hit a bunch of shipping companies, law firms and other businesses. We’ll try to sort out what’s going on. Then: How’d so many of us end up getting health care from employers? You’ve always wondered.

  • A doctor checks an X-Ray.  
    FRED DUFOUR/AFP/Getty Images

    Senate Majority leader Mitch McConnell pumped the brakes on health care today, delaying the vote on the GOP’s Obamacare replacement until after the July Fourth holiday. Stocks took a little dive today amid all the uncertainty, in no small part because the health care bill is actually a tax bill. Something we’ll try to hash out today: This plan is all about making health care more affordable, but once you get past all the politicking, what’s that even mean? Then: the latest on ransomware attacks that are spreading across Europe today. Plus, looking back at the legacy of ATMs on their 50th anniversary.

  •  Senate Majority Leader Mitch McConnell (R-KY) (C) talks to reporters with (L-R) Sen. Cory Gardner (R-CO), Sen. John Barrosso (R-WY) and Sen. John Thune (R-SD).
    Chip Somodevilla/Getty Images

    The Senate Republican health care bill was first shown to the public Thursday, with an eye on voting a week later. Today we got the Congressional Budget Office score. The headline numbers are 22 million people losing coverage and a $321 billion deficit reduction by 2026. We’ll talk through what it all means and what to keep an eye on as the bill hurtles toward a vote Thursday. Then: The president is a former CEO who wants to run the company like a business, so let’s tease out how the U.S. government is and isn’t like a public company. Plus, the first in a series of stories we’re doing on globalization.  

  • The Capitol building.
    Alberto Ceballos / Creative Commons

    We thought we could go the whole day without talking about, um, that big bill the Senate unveiled this week. No dice. But we’re getting it out of the way right up top, discussing the Senate’s hurry-up-and-wait-outside approach to health care reform and what this bill is really designed to fix. Then: U.K. Prime Minister Theresa May is trying to negotiate a trade deal on her way out of the E.U., and some Brexit supporters are pushing the so-called “nuclear option.” Plus: We’re used to paying $700ish for an iPhone or Samsung Galaxy, but the Wall Street Journal was able to build one for a 10th of the price. What gives?

  • A person walks into the UniVista Insurance company office where people are signing up for health care plans under the Affordable Care Act.
    Joe Raedle/Getty Images

    At long last, Senate Republicans have revealed their health care bill. It was hatched in secret, and they hope to vote on it in a week so let’s dig in. It’s similar to the plan passed by the House: Sharp and sweeping cuts to Medicaid, more power to states to decide what insurance plans have to cover, shrinking the Obamacare subsidies. Here’s what it won’t do: make health care cheaper. We’ll talk about why, then head to Arkansas, where a plan to roll back Medicaid expansion will put tens of thousands back on the exchanges, if they can afford it. Plus: An interview with the executive director of Covered California, the state’s Obamacare exchange.

  • An Uber SUV waits for a client in Manhattan a day after it was announced that Uber co-founder Travis Kalanick will take a leave of absence as chief executive on June 14, 2017 in New York City. The move came after former attorney general Eric H. Holder Jr. and his law firm, Covington & Burling, released 13 pages of recommendations compiled as part of an investigation of sexual harassment at the ride-hailing car service.
    Spencer Platt/Getty Images

    Uber CEO Travis Kalanick is making his time away from the C-suite permanent amid investor pressure and a PR firestorm. Kalanick’s company changed transportation as we know it, and his aggressive attitude toward growth over everything got the company where it is today in every sense. We’ll talk about it. Then: As the GOP keeps hashing out its bill behind closed doors, insurers are deciding whether to stay on Obamacare exchanges. Some big players are dropping out, and that’s giving smaller companies an opportunity. Plus, it’s the first official day of summer, so we have a conversation with Carnival cruise line CEO Arnold Donald.

  • Swapping health plans could save you money, but it also may mean switching doctors.
    Adam Berry/Getty Images

    We know about as much about Senate Republicans’ plan to repeal and replace Obamacare as we did yesterday — pretty much nothing, except that we might be able to see the secret bill Thursday. That’s a lot of uncertainty around a plan to rework 17 percent of the economy. So in the meantime let’s talk about that number. Where’d it come from? Then, as we continue on series “The Big Promise,” we’ll look at one problem facing rural Pennsylvanians President Trump hasn’t talked much about: the digital divide. The lack of high-speed internet means video rental stores still clean up and some business owners have to rely on expensive data plans to get connected. Plus, it’s a perennial question that pops up this time of year: Why aren’t Americans taking vacations?

  • Senate Minority Leader Mitch McConnell (R-KY) (C) arrives at the U.S. Capitol October 15, 2013 in Washington, DC. The U.S. government shutdown is entering its fifteenth day as the U.S. Senate and House of Representatives remain gridlocked on funding the federal government. 
    Win McNamee/Getty Images

    You’ve probably heard the Senate is working on a health care bill. So far there’s no public drafts, no hearing, no CBO score, no nothing. But it’s there, according to the small group of Senators who are trying to put it up for a vote before July 4. The whole situation is a conundrum for lobbyists and interest groups. Their whole business is legislation, but how can you get a seat at the table when there is no table? Then, speaking of Congress: rank-and-file members are facing shrinking staffs and an ambitious legislative agenda. What could go wrong? Plus, JAY-Z has a new album coming next week, but you can only hear it if you’re on Tidal… or Sprint?

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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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