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Marketplace

Marketplace Business News Podcast
Kai Ryssdal
Latest Episode

Marketplace for Monday, March 16, 2015

Mar 16, 2015

Episodes 3071 - 3080 of 5795

  • Airing on Friday, March 13, 2015: Teach for America received nearly 44,000 applications by last week’s deadline — 12 percent fewer than last year. Is this a correction given the improving labor market or are potential applicants finding better public service opportunities elsewhere. Plus, this week the FDA released a report suggesting the legal age to buy cigarettes should jump from 18 to 21. The savings to public health costs would be significant, but on the other side of that economic equation is the U.S. tobacco industry. It’s worth $100 billion a year, but for how much longer?

  • Airing on Thursday, March 12, 2015: How’s this for a terrifying number: Your chance of surviving any of four high-risk surgeries varies by 23 percent, depending on which hospital you choose. We unpack why that is and what consumers ought to make of it. Plus, do all these stress tests mean our banks are safe now — safe as in, is it “safe” to eat that piece of sushi in your local Japanese restaurant safe? How do the fed tests compare to how the Department of Health checks on the safety of restaurants? We explain. Also, the FTC is taking DirecTV to court, claiming that its advertising for a popular $20 package was deceptive to customers and that the terms were not properly disclosed. But complicated terms and extra fees buried in the fine print are part of an advertising model that’s used across the industry. We take a broader look at this model and ask why it’s in place.  

  • Airing on Wednesday, March 11, 2015: Four years after Japan turned off its nuclear generators because of the Fukushima disaster, the country is struggling to build a new electricity network. The country has invested heavily in solar, but its experience reveals the challenges involved in integrating this intermittent source of power into a grid maintained by traditional utilities. We explore. Plus, as the dollar remains strong against other major currencies such as the Euro and the Yen, we ask what is the effect on the average consumer? And after, one of the things the Department of Justice criticized the Ferguson Police Department for was its aggressive ticketing policies — and Ferguson is not the first or the only department to be censured for this. To what extent do police departments around the country use fines — from speeding, to parking, to running red lights — to keep them in the black. And how ethical is this as a business model for a public service. This and more.

  • Airing on Tuesday, March 10, 2015: An audit from the Inspector General says the Social Security Administration lists more than 6 million people born before 1901 as still alive. The real number is about three dozen, and that’s worldwide. There’s a cost to this inefficient record keeping — not just a loss in trust in government, but also the increased potential for fraud. After all, information from that Social Security master list of deaths gets sold publicly. We investigate. Plus, we explain the market factors contributing to current losses on Wall Street. Also, is the app-based service economy killing the full-time job? We take a look at the down side of what some call the Uber economy.

  • Airing on Monday, March 9, 2015: There’s a saying in politics — “The only difference between a campaign contribution and a bribe is timing.” When it comes to filing criminal charges, that sentiment may not be too far off. With Senator Bob Menendez of New Jersey likely facing corruption charges, we look at how the law and the courts figure out the line between contributions and bribes. Plus, a group of hedge funds decided they didn’t like the fact that General Motors has a large amount of cash sitting around in the bank doing nothing. The group threatened to try to get a troublemaker on the GM board unless the company agreed to buy back $5 billion of its shares, and return that cash to its shareholders. GM caved, and the buyback begins soon. We look at who benefits when a company buys back shares. And who loses. Also, Apple CEO Tim Cook took the stage today to talk about the Apple watch in a live streaming event at the Yerba Buena Center for the Arts in San Francisco, California. How will the company’s focus on wearable technology affect its retail space and how will the store shopping public respond? We investigate.  

  • Airing on Friday, March 6, 2015: Another oil train derailment —this one outside Galena, Illinois. Based on the amount of oil shipped by rail, federal authorities estimate there could be a dozen of these a year or so. We look at what the U.S. will propose for greater safety and whether railroads will stop being secretive about where oil trains are running. Plus, Apple joins the Dow and AT&T gets the boot. We what the means for Dow and Apple.  

  • Airing on Thursday, March 5, 2015: China has just set 7 percent as its target for annual growth, which would be its slowest growth in years. But what would 7 percent growth look like in the U.S.? Is it even possible in a developed country like the U.S.? We investigate. Plus, Etsy will be one of the biggest tech IPOs to come out of New York in recent years. But Etsy was built on a philosophy of handmade and small-scale — its roots are in the “maker movement”. How will this sit with a shiny future on Wall Street? We explore the culture clash behind the ETSY IPO. And after, oil prices are up. But futures prices are even higher. This creates a situation that oil traders call ‘contango.” The situation is now becoming so extreme that some banks are calling it “super contango.” What does it mean? It means some people are gonna make bank. And unlike most plays in the commodity markets, this one comes with no risk and a cast-iron guarantee to make money.  

  • Airing on Wednesday, March 4, 2015: Toyota’s appointment of a French executive as its first executive vice president from outside Japan is a cultural landmark as well as a business one. Japan frets over its economic “Galapagos Syndrome,” a concern that its cultural insularity makes it noncompetitive in global markets. Toyota’s move to open its top ranks is a major shift we look to explore. Plus, off the back of the revelation that Hillary Clinton used private emails for State department business, we ask whether, and to what extent, other corporate leaders also do this, why they do this, and what the regulatory and security implications are. Also, the small all-girl liberal arts college Sweet Briar will pull the plug on itself, at the end of the semester because of “insurmountable financial challenges”. While Sweet Briar may be unusual for doing this before things totally fall apart, lots of small liberal arts schools, especially regional ones, are facing the same scary future. We investigate.

  • Airing on Tuesday, March 3, 2015: Israeli Prime Minister Benjamin Netanyahu’s address before a joint meeting of Congress this morning was about Iran and its nuclear program. But it was also about politics. And where politics go, money is sure to be close behind. We investigate. Plus, the dating app Tinder just came out with a premium model. If you want to swipe through more than 100 profiles you’ll have to pay up — $10 a month for users under 28 and $19.99 for anyone older. How will this new pricing affect how consumers use the plus version of the popular app given its lack of endless, free swipes? This and more. 

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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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