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with Kai Ryssdal

Marketplace for Wednesday, May 9, 2012

The hoodie has gone from just being an article of clothing to a statement. We look at the evolution of the hoodie. The Postal Service will abandon a plan to close up to 3,600 post offices in response to an outcry by customers. Author Daniel Gross says the U.S. says that pessimism about the U.S. economy is unfounded, and that the rise of China and the developing world doesn't harm the U.S., but helps us. Commentator Robert Samuelson argues that it's not the rich who control Washington. And reporter Amy Scott begins a two-part series on poverty and education.

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U.S. President Barack Obama speaks during the Asian Pacific American Institute for Congressional Studies 18th Annual Gala Dinner in Washington, D.C., May 8, 2012. The president today endorsed gay marriage.

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Kai Ryssdal

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Marketplace® is your liaison between economics and life. Noted for timely, relevant and accessible coverage of business news across both audio and digital platforms, Marketplace programs are heard by more than 14 million weekly listeners. This makes the Marketplace portfolio the most widely heard business or economic programming in the country.