Oct 4, 2021

How the U.S. became a tax haven for the globe’s wealthy and elite

Among other things, the documents known as the Pandora Papers reveal the fast growth of special trusts in South Dakota, directly tied to the easing of restrictions, says the Guardian’s Dominic Rushe. Loic Venance/AFP via Getty Images

Also on today's program: The U.S. maintains trade tensions with China and an eviction wave hits Charleston, South Carolina.

Segments From this episode

What went on when Facebook's services went out

“Marketplace Tech” host Molly Wood chats with Amy Scott about the outage that Facebook, WhatsApp and Instagram users experienced on Monday.

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U.S. will press China to stick to its trade agreement

by Sabri Ben-Achour

Oct 4, 2021

U.S. Trade Representative Katherine Tai did not offer new strategies but a more pragmatic approach.

U.S. Trade Representative Katherine Tai outlined the importance of building U.S. competitiveness while speaking at the Center for Strategic and International Studies. Above, a woman adjusts the Chinese flag at Beijing's Diaoyutai State Guest House in 2014.

Feng Li via Getty Images

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Raising the Debt Ceiling

What happens if we crash through the debt ceiling?

by Nancy Marshall-Genzer

Oct 4, 2021

The Fed could buy defaulted Treasuries or swap Treasury bonds that weren’t in default for those that were.

Federal Reserve Chair Jerome Powell speaks at a House hearing Thursday. Although the central bank has prepared for potential government defaults before, Powell warned lawmakers of the limits of the Fed's response.

Al Drago-Pool via Getty Images

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How the Pandora Papers show the U.S. has become the tax haven for the global elite

by Amy Scott and Andie Corban

Oct 4, 2021

Dominic Rushe of the Guardian outlines the financial and geopolitical implications of the Pandora Papers.

Among other things, the documents known as the Pandora Papers reveal the fast growth of special trusts in South Dakota, directly tied to the easing of restrictions, says the Guardian’s Dominic Rushe.

Loic Venance/AFP via Getty Images

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Uber and Lyft face old rivals: taxis

by Meghan McCarty Carino

Oct 4, 2021

Ride-hailing fares have continued to increase in certain cities, giving traditional taxis more of a chance than they've had in years.

The taxi industry now has its own apps and pricing has become competitive with Lyft and Uber.

Angela Weiss/AFP via Getty Images

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In South Carolina town, tenants feel effects of expired eviction moratorium

by Amy Scott and Richard Cunningham

Oct 4, 2021

Marketplace’s Amy Scott speaks with housing attorney Nicole Paluzzi about the wave of evictions in North Charleston.

$South Carolina has distributed a fraction of the federal rental assistance funds the state has received. That's a problem for low-income tenants, says housing attorney Nicole Paluzzi.$

Spencer Platt via Getty Images

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Music from the episode

Deep East 17, Ian Curnow / Phil Harding

Power - Instrumental Nicholas Britell

Flight to the Jungle (Landing) Monster Rally

Equinox Desire J-Walk

Real Chemistry One3

Radio Ga Ga Queen

The team

Nancy Farghalli Executive Producer

Maria Hollenhorst Producer II

Sean McHenry Director & Associate Producer II

Richard Cunningham Associate Producer I

Dylan Miettinen Associate Digital Producer

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