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Marketplace for Wednesday, Feb. 25, 2015
Feb 25, 2015

Marketplace for Wednesday, Feb. 25, 2015

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Airing on Wednesday Feb. 25, 2015: TJX, the parent of TJ Maxx and Marshalls, just announced it will boost its base pay to $9 an hour by this summer, and $10 an hour by 2016.  In light of Wal-Mart’s recent minimum wage hike, is this the first sign of a tightening labor market in low-wage retail? We investigate. Plus, as Google proposes a new headquarters in Mountain View, the small city has mixed feelings about the economic growth within its borders. Mountain View’s not going to become a company town in the old sense, but it is going to have to change, build housing and grow because of Google  all things that Silicon Valley cities have resisted for decades.

Segments From this episode

SubTropolis? Yeah, it's pretty underground

Feb 25, 2015
The largest industrial park in the world is in an unlikely place.

Warren Buffett eats like a six-year-old

Feb 25, 2015
Warren Buffett's culinary choices aren't what you'd expect from one of the richest people on the planet.

Explaining deflation: Why falling prices can be bad news

Feb 25, 2015
Falling prices can be great for the economy ... until they turn into deflation.
dictionary definition of deflation
iStockphoto

TJMaxx and Marshalls set to increase minimum wage

Feb 25, 2015
Call it "The Wal-Mart Effect."

Google grows, its hometown feels crowded

Feb 25, 2015
Google already has 20,000 employees in Mountain View, and now is planning a new, bigger headquarters

NHL team wants to put ticket resales on ice

Feb 25, 2015
The Nashville Predators are trying to limit opposing fans at home games.

What rising interest rates mean for the rest of us

Feb 25, 2015
Rising interest rates: If you think they won't affect you, think again.

Baltimore sewers: time bombs buried under the streets

Feb 25, 2015
The city's sewer system is 100 years old. Some pipes are made of wood or clay.

Airing on Wednesday Feb. 25, 2015: TJX, the parent of TJ Maxx and Marshalls, just announced it will boost its base pay to $9 an hour by this summer, and $10 an hour by 2016.  In light of Wal-Mart’s recent minimum wage hike, is this the first sign of a tightening labor market in low-wage retail? We investigate. Plus, as Google proposes a new headquarters in Mountain View, the small city has mixed feelings about the economic growth within its borders. Mountain View’s not going to become a company town in the old sense, but it is going to have to change, build housing and grow because of Google  all things that Silicon Valley cities have resisted for decades.

Music from the episode

Kangaroo Court Capital Cities
Gold Silver Diamond Generationals
Escapee Architecture In Helsinki
My Silver Lining First Aid Kit