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Marketplace for Thursday April 3, 2014
Apr 3, 2014

Marketplace for Thursday April 3, 2014

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Overdraft fees used to be a huge source of revenue for banks, then came the crackdown that required consumers to opt in to overdraft protection, and banks took a hit. But fees are climbing back up, and banks pulled in $32 billion in overdraft charges in 2012. We examine what has changed. Plus: ADP said this week that employers added 191,000 jobs in March. The report is a precursor to the federal figure out tomorrow, but critics have been hitting the ADP figure as something of a lagging indicator, ever since the company tweaked its formula back in 2012. We explain what sort of number this is, why people pay attention to it, and why it has some economists so riled up. Also, the owner of a Va. carpet cleaning company has sued Yelp to reveal the true identities of 7 anonymous reviewers who slammed his biz.  Will Yelp disclose these names? What would it mean for online reviews going forward, and what's at stake for a service like Yelp? Then, professional track and field athletes are preparing for collective action against the sport’s governing body that could lead some athletes to boycott the U.S. national track and field championships in June. The athletes’ demands are entangling sponsors such as Nike and Brooks Running, which use the affiliations to drive sales of shoes and other running gear.

Segments From this episode

G4S goes where public forces can't

Apr 3, 2014
The private security company is big, expensive, and perhaps unwieldy.

What to do when an online review isn't true

Apr 3, 2014
A business owner in Virginia sues Yelp to reveal the identity of negative reviewers.

What to do when healthcare isn't enough

Apr 3, 2014
Social services are not always in step with medical care.

David Letterman retires from 'Late Show'

Apr 3, 2014
Maybe Jay Leno's interested?

Overdraft fees hit a record

Apr 3, 2014
A study says banks pulled in $32 billion in overdraft charges in 2013 and fees are climbing.

Questioning the reliability of ADP job numbers

Apr 3, 2014
Economists have been riled up over differences between job numbers from the payroll processor ADP and federal figures.

Mama may have, Papa may have...

Apr 4, 2014
Marketplace Datebook for April 4, 2014
Billie Holiday
Hulton Archive/Getty Images

Overdraft fees used to be a huge source of revenue for banks, then came the crackdown that required consumers to opt in to overdraft protection, and banks took a hit. But fees are climbing back up, and banks pulled in $32 billion in overdraft charges in 2012. We examine what has changed. Plus: ADP said this week that employers added 191,000 jobs in March. The report is a precursor to the federal figure out tomorrow, but critics have been hitting the ADP figure as something of a lagging indicator, ever since the company tweaked its formula back in 2012. We explain what sort of number this is, why people pay attention to it, and why it has some economists so riled up. Also, the owner of a Va. carpet cleaning company has sued Yelp to reveal the true identities of 7 anonymous reviewers who slammed his biz.  Will Yelp disclose these names? What would it mean for online reviews going forward, and what’s at stake for a service like Yelp? Then, professional track and field athletes are preparing for collective action against the sport’s governing body that could lead some athletes to boycott the U.S. national track and field championships in June. The athletes’ demands are entangling sponsors such as Nike and Brooks Running, which use the affiliations to drive sales of shoes and other running gear.

Music from the episode

L'insouleance Souleance
Gypsy Queens Balkan Beat Box
If You Didn't See Me (Then You Weren't on the Dancefloor) JR JR