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Marketplace for Friday, December 6, 2013
Dec 6, 2013

Marketplace for Friday, December 6, 2013

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The unemployment level has fallen to 7 percent for the first time since 2008, after the Labor Department release surprisingly strong jobs data for November. That news comes less than a month before unemployment benefits run out for more than a million Americans. Plus, the ability of businesses to track your every move has taken a leap forward today as Apple activated tracking beacons in its stores, the latest retailer to enable micro-location technology. And finally, hospitals get penalized for readmissions, so now instead of readmitting Medicare patients quickly, they are "observed" for as long as two days. That way the hospital doesn’t risk getting fined … and Medicare doesn't pay.

Segments From this episode

Happy anniversary, Bernie Madoff. Five years ago this month, he was arrested

Dec 5, 2013
Victims of Madoff's scheme are still struggling to adjust to their financial losses -- and also their loss of trust.

Never again ask, 'Where can I find the ... ?' It will find you.

Dec 6, 2013
Apple activated tracking beacons in its stores, the latest retailer to enable micro-location technology.

'Admission' vs 'Observation': Medical worlds apart

Dec 6, 2013
Instead of admitting Medicare patients quickly, hospitals are "observing" them for as long as two days.

Unemployment benefits and the budget deal

Dec 6, 2013
Unemployment benefits could become a major sticking point in negotiations over a budget compromise.

Kanye West: musician-turned-Silicon Valley entrepreneur?

Dec 6, 2013
Kanye West is seeking investors for a new agency he's created. But so far, potential investors are just interested in meeting with him, not giving him money.

Weekly wrap: Good news in the jobs report? + #longreads

Dec 6, 2013
Heidi Moore from the Guardian and the Wall Street Journal's Sudeep Reddy join host Kai Ryssdal to look back at the week's business news and forward at where the economy is going after today's jobs report.

Price tag on a new Lamborghini? 108 bitcoins.

Dec 6, 2013
You got $95,000 in Bitcoin?

Mandela's economic legacy for South Africa

Dec 6, 2013
The BBC's Buntu Williams on Nelson Mandela's economic legacy in South Africa.

The unemployment level has fallen to 7 percent for the first time since 2008, after the Labor Department release surprisingly strong jobs data for November. That news comes less than a month before unemployment benefits run out for more than a million Americans. Plus, the ability of businesses to track your every move has taken a leap forward today as Apple activated tracking beacons in its stores, the latest retailer to enable micro-location technology. And finally, hospitals get penalized for readmissions, so now instead of readmitting Medicare patients quickly, they are “observed” for as long as two days. That way the hospital doesn’t risk getting fined … and Medicare doesn’t pay.

Music from the episode

(Don't Let Them) Cool Off Peter Bjorn and John
CINCO Minutos Con Vos Elvis Costello And The Roots
Homecoming - (Explicit) Kanye West, Chris Martin