Marketplace from APM

Mon-Fri 6:30PM – 7PM
  • Hosted by Kai Ryssdal

American Public Media's Marketplace presents news on business, economics, and money for the rest of us.

More info on Marketplace

Outside groups are pouring money into the health care debate

15 hours ago

Now the House has passed its version of legislation overturning Obamacare, it's over to the Senate. Interest groups are putting big money on the line, spending millions of dollars on ad campaigns designed to sway voters either way.  Who’s behind these ads, and why are they shelling out so much money?

How social media hurts and helps the great outdoors

16 hours ago
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Marketplace

This Memorial Day, you may have to brace yourself for the onslaught of social media posts from friends on outdoor adventures. Instagram and other social media can send hordes of people into highly photographable places. With almost 331 million visitors, 2016 was the third record-breaking year in a row for the National Park Service. But all that extra traffic from selfie-snapping tourists can harm the places they visit.  

President Trump has said he’ll decide this week whether the United States will remain in the Paris agreement on climate change, which asked signatory countries to set a specific goal for reducing carbon emissions. Meanwhile, the other members of the G7 summit issued a statement reaffirming their commitment to implementing the deal. But what will it mean if the U.S. ends up pulling out? 

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Leoneda Inge

Part of President Trump’s appeal is his pledge to bring jobs back to America. Well, there’s a San Francisco apparel CEO who has tried his luck both ways — manufacturing abroad and in the U.S.

Today, the company he oversees, American Giant, emphasizes that everything in its clothing line is made domestically. That process starts with cotton grown and spun into yarn in the Carolinas.

How do YouTube stars make money?

19 hours ago
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Robert Garrova

Anna Akana is what you might call YouTube-famous. She's amassed two million subscribers covering topics like dating advice and burnout at work.

"I’ve been doing this for free for five years so now let me please try to make a career off of it," Akana said. "And I’ve always found that people appreciate it when you’re honest about it instead of trying to sneakily sell them something."

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Susan Craig

On a hot and humid day last summer, Maria Marquez greeted a customer from Okieville from a window in her taco truck and asked him for his order. “Un torta asada,” he replied. She then told him to come to the community water meeting at her house.

Marquez’s well went dry almost three years ago during the height of the California drought. That was when she started organizing her neighbors – who were also desperate for water.

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Marketplace

You might be spending the long weekend relaxing with family, paying respect to fallen servicemembers, or getting outside. But if you're enjoying a national park this weekend, maybe think twice about pulling out your smartphone. 2016 was the third record-breaking year in a row for the National Park Service, but all that extra traffic from selfie-snapping tourists can harm the places they visit. Plus: What's at stake of the U.S. pulls out of the Paris climate agreement.

05/29/2017: McDonald's goes mobile

21 hours ago

After dealing with a series of E.coli outbreaks more than a year ago, Chipotle now has another controversy on its hands. Hackers have stolen customer payment data from most of its stores. We'll chat with experts about what the incident could do to brand loyalty, and what potentially affected customers should do to protect themselves. Afterwards, we'll discuss how mandatory 401(k) withdrawals will affect the financial services industry, and then look at McDonald's decision to roll out a new mobile app to make ordering easier.

Chipotle's data breach affects customers nationwide

23 hours ago
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Marketplace staff

This story was last updated at 8:12 a.m. PT. 

Chipotle can't seem to catch a break. 

Following a series of food-safety issues in 2015 and 2016, the company has been hit by another controversy: a security breach that's affected its chains nationwide. 

Seventy and a half. That is the magic age that starts mandatory withdrawals from 401(k)s and other tax-deferred retirement accounts. The oldest members of the baby boom generation start hitting that age this year, and the milestone is expected to have significant implications for the financial services industry.

Click the audio player above to hear the full story.

The Common Application gets an update

May 29, 2017

The application used by thousands of high school students to apply to colleges is going to get a new version, one that tailors to a large but under-recognized portion of the student population. The Common Application will roll out an updated transfer version next year that tailors to students such as parents with children who are returning to school to complete a degree, veterans and older transfer students.

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Aaron Schrank

Tommy Diaz was looking to make a career move after graduating community college in 2008, so he joined the U.S. Army. In 2010, he was deployed to Bagram, Afghanistan, where he worked in military intelligence.

“I talked with high-level Taliban members,” Diaz said. “I did over 400 debriefings. The euphemism is debriefings. They’re really interrogations.”

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Marketplace

Campaign money used to be spent on things like outdoor posters and television advertisements. Now much of that is going to Facebook. On today's show, we'll discuss how big of a role the social media giant is playing in U.K. elections, specifically, and lessons that the country is learning from the Trump campaign. Afterwards, we'll take a look at the mechanics behind the cloud content management company Box, and then talk about the latest addition to the hotel  industry: robots.

This robot's coworkers think he is kinda cute

May 29, 2017
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Jana Kasperkevic

When the doors to Chicago’s Hotel EMC2 opened this past Wednesday, Leo and Cleo were ready to get to work. Decked out in their coattails, their name tags proudly on display, the two newest additions to the team have created quite a stir — both among the staff and the guests. You see, Leo and Cleo are not your typical hotel employees. They are about 3 feet tall and they can work around the clock.

Hospitality robots, it turns out, are here. And they are kind of cute. 

05/29/2017: Helping veteran employees stay on board

May 29, 2017
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Marketplace

Frustrating air travel isn't just an American problem — this weekend, British Airways had to cancel and postpone hundreds of flights due to a massive computer failure. The BBC's Andrew Walker joins us to talk about what this'll cost the company, both financially and in terms of its relationship with customers. Next, we'll discuss the Common App's decision to create a new form aimed at being more transfer student-friendly, and then look at the challenges associated with retaining veteran employees. 

The Department of Education isn't your typical go-to for high drama in Washington, D.C. But this week hasn't been typical. First, President Trump's budget proposal called for drastic cuts to the department's budget. Then, James Runcie, who oversaw the office that manages the federal government's $1.3 trillion student loan portfolio, walked.

Trump sounds off about Germany's trade surplus, again

May 26, 2017

President Trump sounded off in a meeting with G-7 officials yesterday, allegedly saying that Germany is “bad, very bad” for running up a trade surplus with the U.S., selling millions of cars on American shores. This is not the first time the president has called out Germany on trade, and it’s safe to say that the U.S. relationship with one of its closest allies has chilled considerably since January. But, politics aside, the manufacturing relationship between Germany and the U.S. is gigantic.

Click the audio player above to hear the full story.

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Kai Ryssdal

Ana Swanson of The Washington Post and Nela Richardson of Redfin join us to discuss the week's business and economic news. This week, they talk about Donald Trump's plan on achieving 3 percent economic growth and if the math adds up. How does Paul Ryan plan on dealing with the administration's budget? Plus, we revisit the latest Congressional Budget Office score on the GOP health care plan.   

Why Ramadan is a big deal for Arab TV networks

May 26, 2017
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Kai Ryssdal and Maria Hollenhorst

This Saturday marks the beginning of Ramadan. Muslims worldwide will spend the next 30 days fasting from dawn until dusk. But when families gather to break the fast after the sun goes down, many observe another Ramadan tradition — binge-watching television. Arab TV networks craft content with widespread appeal in the Islamic community for this time of year, but it's also a way to shape public opinion. Marwan Kraidy is a professor of communications at the University of Pennsylvania and an expert on Arab media.

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Kai Ryssdal

Jared Kushner is the son-in-law of the president of the United States, a senior official in the Trump White House and, according to some reports, a person of interest in the FBI's investigation of the Trump campaign and Russian interference. He's also a big name in commercial real estate. Although he's stepped away from a formal role managing his family's real estate businesses, he's still a beneficiary of the company and its investments.

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Tony Wagner

When 16-year-old Rileigh Smirl opens up Instagram, she pretty much ignores its newest and most-prominent feature. The little bubbles at the top that are supposed to show everyone’s “Stories" — a collection of photo and video slideshows decorated with stickers, drawings, filters and so on.

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John Morrison

On summer holidays like Memorial Day, beaches can get pretty crowded. Now, to ease the congestion, some beaches have started banning things like tents and barbecues. 

And while these restrictions may please some beachgoers, they’re frustrating for a few business owners who think tourists may take their gear -and their wallets- elsewhere. 

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Jana Kasperkevic

It’s here. Memorial Day weekend, the official start to the summer.

Minorities increasingly priced out of housing market

May 26, 2017
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Adam Allington

It’s getting harder and harder for middle-class families to afford housing in the U.S.

A new report from the real estate brokerage Redfin shows that in the nation’s 30 biggest metro areas, the number of home listings middle-class families can afford has dropped by 32 percent since 2012.

That shrinking pool of affordable housing is felt most acutely by minorities.

How many burgers has McDonald's actually sold?

May 26, 2017
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Jana Kasperkevic

This is just one of the stories from our "I've Always Wondered" series, where we tackle all of your questions about the world of business, no matter how big or small. Ever wondered if recycling is worth it? Or how store brands stack up against name brands?  What do you wonder?

Lifting Argentine lemon ban will cost U.S. growers

May 26, 2017
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Adrienne Hill

The U.S. had banned the import of fresh lemons from Argentina for 16 years, citing risk of citrus diseases.

Back in April, President Trump met with the president of Argentina.

“I'll tell him about North Korea, and he'll tell me about lemons,” Trump said. Days later, the U.S. Department of Agriculture announced it would lift the ban starting today.

05/26/2017: The South is growing quickly

May 26, 2017

The Census Bureau has released a list of the fastest-growing large cities, and many are concentrated in the South. We'll take a look at which places are getting a bit more crowded and what makes them so appealing. Afterwards, we'll talk about what President Trump's budget cuts could mean for the future food stamps, and then examine how the oil industry is incorporating high-tech in many of its roles.

The White House budget proposal would cut SNAP, the Supplemental Nutrition Assistance Program known as food stamps, by $193 billion over 10 years. Right now a family of six gets about $900 a month in food aid. Under Trump’s proposal, that would be the cap, even for households with more people. Many families that receive SNAP and have more than six people are extremely poor — and have multiple young children.  

Click the audio player above to hear the full story.

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Travis Bubenik

Jack Gregg with tech company Honeywell shows me around a sort of new car showroom for companies shopping for “smart” oilfield gear. The energy industry is increasingly investing in ways to make oil production easier and cheaper. Companies are using cloud technologies and mobile devices. The time-consuming work of driving out to a field to check on equipment can now be done from afar.

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David Brancaccio

If your financial awareness was formed in the 1980s and 1990s, you may have learned to expect too much out of the stock market. There was a long Reagan-Bush-Clinton-era run that led people to believe the stock market had almost magical powers.

But since then, returns haven't been quite the same — a dip that may be playing a role in our country's retirement crisis

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