Marketplace for Thursday, April 28, 2016
Apr 28, 2016

Marketplace for Thursday, April 28, 2016

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Puerto Rico needs to make a $422 million payment on its bonds, but it’s a payment it can't afford; Facebook will create a new class of shares to sell to investors that don't give investors voting power; and how the Halloween "scare industry" is at work year-round.  

Segments From this episode

Why Facebook created a new kind of stock

by
Apr 28, 2016
The company's new C class shares means more control, and it's not the only company to use a tiered system.
Facebook will create a new class of share to sell to investors shares that don't give investors voting power. 
Justin Sullivan/Getty Images

Puerto Rico faces $422 million interest payment on bonds

Apr 28, 2016
The territory is deep in debt and with an upcoming payment deadline, citizens are feeling the strain.
Filipa Rodrigues/Marketplace

Halloween is a $7.5 billion year-round industry

Apr 28, 2016
With monster fests every weekend, the scare industry is a massive money maker
A display of masks at Monsterpalooza 2013.
Ayleen Gaspar/Flickr

Health insurance spikes in 2017 may mean more competition

Apr 28, 2016
Premiums are on the rise, but savvy consumers are shopping for the best deals
Justin Sullivan/Getty Images

Consumer spending is slowing down and so is the GDP

Apr 28, 2016
Gross domestic product rose 0.5 percent at the start of 2016, with business investment and exports falling, and spending by consumers slowing down.
Shoppers walk along Lexington Avenue in the eastern Midtown section of Manhattan on April 29, 2015 in New York City. According to the Federal Reserve Bank, growth of the U.S. gross domestic product - the value of goods and services produced in the U.S. - has slowed for the first quarter of 2015.  
Kevin Hagen/Getty Images

The Indy 500 has an official poet for the first time since the 1920s

Apr 28, 2016
Adam Henze’s Ode to the Indy 500 “For Those Who Love Fast, Loud Things” won him $1000 too.
INDIANAPOLIS, IN - MAY 24: Ryan Hunter-Reay driver of the #28 DHL Andretti Autosport Honda Dallara during the 99th running of the Indianapolis 500 mile race at Indianapolis Motorspeedway on May 24, 2015 in Indianapolis, Indiana. 
Photo by Chris Graythen/Getty Images

Puerto Rico needs to make a $422 million payment on its bonds, but it’s a payment it can’t afford; Facebook will create a new class of shares to sell to investors that don’t give investors voting power; and how the Halloween “scare industry” is at work year-round.  

Music from the episode

Clever Creatures The Cave Singers
Running Back To You The Juan Maclean
1517 The Whitest Boy Alive
Freedom Pharrell Williams