Jan 23, 2013

Marketplace for Wednesday, January 23, 2013

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Apple announces its first quarter earnings for 2013. We consider whether Congress really needs to pass a budget at all. The number of unionized workers decreased again last year. McDonald's reported a $1.4 billion profit today, for which it can…

Segments From this episode

Defense Secretary Panetta lifts ban on women in combat

Jan 23, 2013
Secretary of Defense Leon Panetta announced today that he was lifting a military ban on women in combat, opening up thousands of positions on the front lines.

Is the dollar menu good for McDonald's bottom line?

Jan 23, 2013
Cheap food draws customers, but also cuts into profits.

Labor union membership falls to 1930s level

Jan 23, 2013
Political attacks on unions have hurt. But the economy is also replacing old manufacturing jobs, often unionized, with jobs that haven't been union.

Davos Economic Forum draws powerful and skeptical

Jan 23, 2013
As the world's political and business elite gather for the annual economic forum in Davos, Switzerland, some skeptics question the value of the event.

What good is the federal budget anyway?

Jan 23, 2013
Congress hasn't always had a hand in crafting federal spending plans.

Introducing 'Freakonomics Experiments'

Jan 23, 2013
Steve Levitt has a novel idea for helping people make tough decisions.

Literary voices: Why we need 'hope'

Jan 23, 2013
Author Margaret Atwood reflects on the word 'hope,' and its importance since Barack Obama's campaign message four years ago.

$1.7 trillion in 'foreign' corporate cash held in U.S. banks

Jan 23, 2013
A report in the Wall Street Journal reveals that $1.7 trillion in "foreign" cash is being held in U.S. banks.

Apple ships 47 million iPhones; investors hang up

Jan 23, 2013
Apple made $55 billion in revenue in the final three months of 2012, making it one of the most profitable companies on the planet. But investors were hoping for more, and the company's stock price has slipped in after-hours trading.

Apple announces its first quarter earnings for 2013. We consider whether Congress really needs to pass a budget at all. The number of unionized workers decreased again last year. McDonald’s reported a $1.4 billion profit today, for which it can thank its dollar menu. The global economy’s biggest names are converging in Davos, Switzerland, for a week to talk big ideas, but some argue the conference is meaningless. Freakonomics Radio’s Steven Levitt has a novel idea for helping people make tough decisions. And in the last of our author series on ‘hope,’ Margaret Atwood says hope is what keeps us going.

Music from the episode

Pyramids Frank Ocean
Pyramids Frank Ocean