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Dec 16, 2016

Marketplace for Friday, December 16, 2016

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Yesterday, President Obama vowed to punish Russia for its recent cyber attacks. But the U.S. and the E.U. have already imposed sanctions on Russia dating back to 2014, so what other measures could the U.S. take? Also, the steel mills…

Segments From this episode

Christmas gifts were all about grown-ups, in post-war America

Dec 16, 2016
Sarah Archer explores Christmas gift giving in post-war America in her book, "Midcentury Christmas."
A holiday advertisement for Westinghouse, 1950s. Reproduced with permission.
CBS Corporation

Weekly Wrap: Friday on a Fed week

Dec 16, 2016
Marketplace host Kai Ryssdal talks to David Gura of Bloomberg and Catherine Rampell of the Washington Post for the Weekly Wrap.

Facebook probably knows everything about you

Dec 16, 2016
Data algorithms help advertisers put together your digital profile.
JOSH EDELSON/AFP/Getty Images

What’s the current status of U.S. sanctions on Russia?

Dec 16, 2016
Yesterday, President Obama vowed to punish Russia for its recent cyber attacks.
Russian President Vladimir Putin and U.S. President Barack Obama shake hands for the cameras before the start of a bilateral meeting at the United Nations headquarters September 28, 2015 in New York City.  
Chip Somodevilla/Getty Images

China’s sale of U.S. Treasuries puts a debate to rest

Dec 16, 2016
China, the single largest holder of the U.S. debt, sold off its Treasury positions in order to raise cash to back the Yuan.
STR/AFP/Getty Images

Millennials understand GIFs, but not fabric softener

Dec 16, 2016
Procter & Gamble and NASA take different approaches to their newest target audience.
NASA

Can Trump keep his big promises on steel jobs?

Dec 16, 2016
Laid off steel workers in Illinois are hoping a new administration will bring positive change.
David Holzman, center, sits with fellow laid off steel workers ahead of a union meeting in Granite City. In southwestern Illinois, the steel industry has been an anchor in the community for decades.
Kimberly Adams/Marketplace

Yesterday, President Obama vowed to punish Russia for its recent cyber attacks. But the U.S. and the E.U. have already imposed sanctions on Russia dating back to 2014, so what other measures could the U.S. take? Also, the steel mills of Granite City, Illinois have seen lots of layoffs over the past few years. Many of the workers are still unemployed, but are hopeful that President-elect Donald Trump will fulfill his promise to bring their jobs back, can he keep his promise? Finally, we look back on the last five days of economic news with the Weekly Wrap. 

Music from the episode

Wonton Medeski, Martin & Wood
Banquet Bloc Party
Work It Missy Elliott