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Marketplace for Monday, April 13, 2015
Apr 13, 2015

Marketplace for Monday, April 13, 2015

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Airing on Monday, April 13, 2015: A study finds that nearly three out of four recipients of Medicaid, food stamps and other aid are members of families headed by someone who works meaning, someone who works but doesn’t earn a wage high enough to keep them out of poverty. The study says this amounts to a $150 billion subsidy of low-paying employers. This comes as several companies have raised their minimum pay to $9 an hour ($18,720 a year), and unions and others advocate for a minimum wage of $15, as median incomes haven’t grown in 20 years or so. Next, a historic handshake this weekend between Presidents Obama and Castro at the Summit of the Americas has helped to fuel optimism over warming relations with Cuba. But – handshakes aside – what obstacles remain to trading with Cuba for businesses both small and large? We explore. 

Segments From this episode

One man's dream: a tornado machine

Apr 13, 2015
A tornado generates huge amounts of energy.

Under Armour wins big at the Masters

Apr 13, 2015
Jordan Spieth signed a 10-year endorsement deal with the brand earlier this year.

Most aid to families goes to working families

Apr 13, 2015
A majority of Americans who use certain aid programs are from working families.

Cuba: not quite open for business

Apr 13, 2015
For U.S. companies looking to do business in Cuba, the ice is very slowly melting.

Why do people overpay their taxes, then get refunds?

Apr 13, 2015
Many taxpayers will receive a refund averaging $2,800. That's free money for the government.

Airing on Monday, April 13, 2015: A study finds that nearly three out of four recipients of Medicaid, food stamps and other aid are members of families headed by someone who works meaning, someone who works but doesn’t earn a wage high enough to keep them out of poverty. The study says this amounts to a $150 billion subsidy of low-paying employers. This comes as several companies have raised their minimum pay to $9 an hour ($18,720 a year), and unions and others advocate for a minimum wage of $15, as median incomes haven’t grown in 20 years or so. Next, a historic handshake this weekend between Presidents Obama and Castro at the Summit of the Americas has helped to fuel optimism over warming relations with Cuba. But – handshakes aside – what obstacles remain to trading with Cuba for businesses both small and large? We explore. 

Music from the episode

Murder Room Pepper Rabbit
Happy Up Here Röyksopp