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Marketplace Morning Report

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Sep 18, 2019

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Marketplace Morning Report

Less than zero

Sep 17, 2019
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Private prison stocks aren’t feeling the expected boom

by Andy Uhler Dec 29, 2017
Stocks in the for-profit prison sector skyrocketed after the election of President Donald Trump. The Obama administration and Democratic presidential candidate Hillary Clinton had both pledged to phase out their use by federal authorities — an approach Trump rejected. But the…

Private prisons benefit from new Trump rules

by Nancy Marshall-Genzer May 12, 2017
The Trump administration is going back to the “tough on crime” policies of the 1980s and ’90s. Attorney General Jeff Sessions has ordered federal prosecutors to bring charges that carry heavy penalties – sometimes mandatory minimum sentences. This is a roll-back…

A small Georgia town where prisons play a big role

by Lewis Wallace Jan 13, 2017
McRae-Helena could see its fortunes change under the Trump administration.
McRae Correctional Institution has been in this rural part of southern Georgia since the early 2000s, housing up to 2,000 federal prisoners.
Ali Guillory

Correction officers shortage: a danger to inmates?

by Alisa Roth Aug 30, 2016
Florida's shortage means delayed showers, cancelled classes and increased violence.
The exterior of Orange County Jail, Orlando. The shortage of staff and officers across correctional facilities in Florida means many prisoners have less access to recreational and basic needs, which can instigate dangerous and/or violent situations.
Joe Raedle/Getty Images

Florida struggles to keep corrections officers in state prisons

by Alisa Roth Aug 29, 2016
Hours for corrections officers are long, and pay is low.
The turnover rate among corrections officers in Florida was 22 percent last year. The department has said it plans to hire 4,000 officers in the coming year, to fill current vacancies and to prepare for future ones.
Alisa Roth

Florida has a shortage of corrections officers for state prisons

by Alisa Roth Aug 29, 2016
Turnover in the department last year was 22 percent.
Signs posted around the perimeter of the Dade and Homestead prisons in south Florida advertise immediate openings for correctional officers. The state, like most, has a severe shortage of officers, leaving officers and inmates at risk.
Alisa Roth

Private prisons on the way out

by Kimberly Adams Aug 18, 2016
Justice Department to phase out federal contracts.
Condemned inmates sits in housing block at San Quentin State Prison's death row on August 15, 2016 in San Quentin, California. 
Justin Sullivan/Getty Images

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Western states scrambling for more firefighters

by Kimberly Adams Aug 21, 2015
Wildfires are burning in 10 states, exhausting resources and manpower.

Video visitations gain popularity in prison system

by Molly Wood Jun 23, 2015
But is it a suitable replacement for in-person visits?

For-profit prison companies adjust to new era

by Dan Weissmann May 6, 2015
The U.S. is sending fewer people to prison, but profits still come in.