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

Playlist

March 31, 2017

6:27 PM
Like an Animal
Artist : Cymbals
Album : Like An Animal
Composer : Cymbols
Label : Tough Love Records

Staid AAA hopes to get a lift from car-sharing

9 hours ago

You know AAA as the big truck that comes to help when your car breaks down on the highway. But the auto club was an original mobility disrupter, one of the first car-service companies back when people were trading in their horses for a Model T. Now it’s the latest entrant to the car-sharing market. AAA’s “Gig” is rolling out in San Francisco as a bid to lure younger members.

Click the audio player above to hear the full story.

For some time we’ve heard that American manufacturing is in long-term decline — and that’s true, at least in terms of how many people it employs and how much of what we consume is made here. But manufacturing has rebounded since the recession, and there are lots of lean, mean, technology-driven manufacturers thriving all over country. Yet employers increasingly complain they can’t find enough skilled workers to meet current demand and grow. A new report says the industry could help itself a huge amount by doing one thing: hiring more women.

The word 'Trump' may be shifting our ideological attitudes

13 hours ago
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David Brancaccio

Since late 2015, we’ve been tracking Americans' economic anxiety levels through the Marketplace-Edison Research Poll.

Just before Election Day last fall, our poll showed that we were experiencing increased levels of economic anxiety. But how is the country feeling now? Larry Rosin, president of Edison Research, joined us to talk about which results were surprising, how people perceive President Trump's tweets, and what Americans value most in a job. Below is an edited transcript.

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Kai Ryssdal

He likes to say he inherited a mess, but, economically at least, President Trump was dealt a pretty good hand when he was inaugurated. 

The American economy’s been adding jobs for the past 78 months — six and a half years — as just one big indicator. And while the overall macro-economic numbers aren’t going gangbusters, they’re generally solid and consumer confidence is strong.

But.

There’s a disconnect.

04/24/2017: How is America's economic anxiety?

14 hours ago
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Marketplace

There's been a big shake-up in Europe. Two outsiders have taken the lead in France's presidential election: Centrist Emmanuel Macron and the far-right nationalist Marine Le Pen. We'll look at how the news has affected global markets, and what France's election could mean for them in the coming weeks. And in news across the pond, we'll examine the latest results from our Marketplace-Edison Research Poll, which finds that nearly three-quarters of Americans — regardless of party — feel the government in Washington has forgotten them.

04/24/2017: Our fascination with dystopian futures

14 hours ago
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Marketplace

Science fiction novels are getting the Hollywood treatment. Margaret Atwood's "The Handmaid's Tale" is coming to Netflix, while Dave Eggers' "The Circle" will hit the big screen later this week. Amy Webb, futurist and head of the Future Today Institute, explains why we seem to be so into dystopian fiction right now. Afterwards, we'll look at the meaning behind the word "hacktivism," and get a brief history of the term from Chester Wisniewski, a cybersecurity researcher for Sophos. 

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Kai Ryssdal

Rachel Abrams of the New York Times and David Gura of Bloomberg join us to discuss the week's business and economic news. This week, they talk about whether the Trump administration can meet any of its major pledges before its first 100 days. Also, Trump has signed a lot of executive orders, but are they doing anything?

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Sam Beard

“We reject the global village, we reject this world without borders. We reject the big banks and the power of money that have subjugated France. We don’t want France to disappear.” Those are the words of David Berton, a 25-year-old student lawyer and an activist with the youth wing of the far-right National Front party. 

More young people support the National Front than any other party, and one of the main reasons is the appeal of the Front’s anti-globalization and protectionist policies, said author Alexandre Devecchio.

Corporate inversion rules go back on the table

Apr 21, 2017

President Trump signed an order directing a review of all tax regulations that might unduly burden U.S. corporations. That could lead to a rollback of an Obama order that sought to limit corporate inversions — when a U.S. company moves its corporate address to a foreign country to pay lower taxes. A rollback would line up with Republican party wishes, but would fly in the face of putting America first.

Click the audio player above to hear the full story.

Musician Tei Shi takes the Marketplace Quiz

Apr 21, 2017
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Hayley Hershman

No matter who you are, you've probably had a rough day at the office that changed your perspective, or maybe you made an impulse purchase you really, really wish you could take back. This week, musician Tei Shi took our money-inspired personality questionnaire. Her latest album, "Crawl Space," is out now.

Below is an edited transcript of the conversation.

In a next life, what would your career be?

Steve Ballmer says numbers and facts still matter

Apr 21, 2017
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Kai Ryssdal

President Trump said today his tax reform plan will be ready on Wednesday. While we're waiting, how about getting an idea of where exactly all those trillions of tax dollars are going? 

How to ace a job interview? We asked a manager

Apr 21, 2017
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Lizzie O'Leary and Hayley Hershman

Want to work? Chances are you'll need to interview. Trying to charm a potential employer isn't everyone's idea of fun, but Yale professor Jason Dana questions whether job interviews are useful at all.

Some of you reached out to Marketplace Weekend with your thoughts:

Trump's first 100 days: 3 mayors weigh in

Apr 21, 2017
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Lizzie O'Leary and Eliza Mills

April 29 marks President Trump's first 100 days in office. His tenure so far has been marked by executive orders on immigration, efforts to repeal Obamacare and a pledge to "hire American," among many other things. So, how's Trump doing? 

During election season, we spoke to three mayors from very different cities across the country, and after Trump took office, we visited each of them: Dennis Mock in Dalton, Georgia; Louise Carter-King in Gillette, Wyoming; and Biff Traber in Corvallis, Oregon. 

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Ben Bergman

TV and movie writers are worried about the future as their payments go down while the studios' profits go up. Their union, the Writers Guild of America, is in the process of negotiating their new contract; their current contract expires May 1. The Guild is asking members to give authorization for a potential strike. Here’s some background on the situation:

It seems like there are more TV shows than ever. Why are writers unhappy?

Paradoxically, as the number of shows has increased, writers say their earnings have decreased 23 percent in the last two years. 

Dairy woes rattle U.S.-Canada relationship

Apr 21, 2017

President Trump is criticizing Canada over its recent pricing changes for dairy products that make some U.S. imports less competitive. The Trump administration said that's hurting dairy farmers in states like Wisconsin and New York. 

Click the audio player above to hear the full story.

04/21/2017: Facts still matter

Apr 21, 2017
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Kai Ryssdal

President Trump said today his tax reform plan is gonna be ready on Wednesday. While we're waiting, it's worth talking about where exactly our tax dollars are going. A new website called USAFacts is trying to help folks get their hands on all that data. Former Microsoft CEO Steve Ballmer is behind it, and he came on to chat. Plus: The Trump administration is taking on inversions and Canadian dairy trade rules while France takes on globalization. And, as always, we recap the week in economic news in about five minutes or less.

04/21/2017: Where does Uber go from here?

Apr 21, 2017

As federal funds for research are threatened and White House climate change plans are canceled, students are trying to stand up in the name of science. Thousands are set to march this weekend, many of whom will include Caltech students. We visited the campus to chat with the community about why they personally want to get involved. Next, we'll discuss Uber's declining popularity with corporate customers, and then look at the arrest of a 28-year-old man in Germany who's connected to last week's explosions. 

A new report out this week shows that Uber’s long string of bad PR could be costing it corporate customers. Uber is still the dominant ride-hailing app by far, but Lyft appears to be gaining ground in business travel.

Click the audio player above to hear the full story.

 

Housing growth is stunted by a lack of supply

Apr 21, 2017

The job market is firm, consumer confidence is high and mortgage rates are low. Perfect conditions for a strong housing market. Yet, inventory of new homes and sales of existing homes remain depressed. And that's putting a big crimp on growth. 

Click the audio player above to hear the full story.

04/21/2017: Rage against the machines

Apr 21, 2017
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Marketplace

We’re expecting another series of executive orders from President Trump that'll deal with taxes and financial regulations. Marketplace's Kimberly Adams explains what's in store for our financial future. Afterwards, as part of our "Robot-Proof Jobs" series, we'll chat with Thomas Kalil, a former deputy director for the White House Office of Science and Technology Policy. Kalil shares how we can apply AI to the classroom to teach tech skills and beat a robot takeover. 

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JaeRan Kim

Thousands of people in dozens of cities across the country will take to the streets on Saturday in the name of science. Science is meant to be nonpartisan, but with federal funds for research in question and the White House cancelling its climate change plans, some scientists feel called to defend their profession.

“Hello, do you wanna sign a banner for the March for Science?"  

Tess Saxton-Fox and Magnus Haw were recently handing out info on the March for Science and hawking orange T-shirts — really orange T-shirts — for $5. 

Robot-Proof Jobs 3: Rewiring the future

Apr 21, 2017
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David Brancaccio and Katie Long

The final episode of a special three-part podcast series on automation and the economy. If technology makes humans obsolete, how do we make a living? Plus: Think you know which jobs would survive a robot takeover? Take our quiz here: marketplace.org/robotproof

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Marketplace

The Samsung Galaxy S8 hits stores today, with its makers hoping it'll make you forget about the iPhone and that other Samsung phone with exploding batteries. Geoffrey Fowler, personal tech columnist for the Wall Street Journal, stopped by tell us all about the new device's features, and how it compares with Apple's products. Afterwards, we'll check out the rise of tech in Phoenix, Arizona, and then play this week's Silicon Tally with NASA's Daniel Lockney, whose job includes helping NASA technology find uses in places here on earth. 

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Marketplace staff

German police today arrested a 28-year-old man known as Sergej W. in connection with explosions last week that targeted a German soccer team's bus. The possible motive: an elaborate scheme to manipulate a stock.

Authorities are now saying the incident has no extremist connection. Two people were hurt during the April 11 attack, including a player with shrapnel wounds.

I just copied your boss on this email

Apr 20, 2017
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Jana Kasperkevic

It’s no secret that workplaces can feel like a battlefield. There are workers competing for the same promotion. People worried about whether their boss likes them or whether a co-worker is secretly taking credit for their hard work or ideas. Then there are all those emails to decode and consider.

There is one exception, however. The dreaded boss cc. Everyone knows exactly what it means — your co-worker wants your boss to be privy to your conversation.

Even as the White House rolls back national climate change programs, California is moving forward on a cap-and-trade system to reduce greenhouse gas emissions. Yet the Golden State still has some of the highest air pollution in the nation from other pollutants its industrial plants spew. A new bill would use California’s cap-and-trade rules to regulate those toxins, too.     

Click the audio player above to hear the full story.

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Marketplace

“On est chez nous!” The phrase, which means “this is our home,” thunders around a sports stadium in northeastern Paris. Some 6,000 supporters of the far-right National Front party are in full cry at a campaign rally as they await the arrival of their heroine, the leader of their party and a front-runner in France’s presidential election, Marine Le Pen.

“On est chez nous” is a battle cry for the National Front and conveys two connected messages: “We have too many immigrants coming to France” and “We don’t like the European Union running our country.”

Why would Google want to block its own ads?

Apr 20, 2017

The Wall Street Journal is reporting, according to unnamed sources, that Google plans to introduce an ad-blocking feature on its Chrome web browser. Yes, that Google. The one that makes a lot of money selling those ads. So why would it want to make it easier for users to escape them?

Click the audio player above to hear the full story.

Why a steel tariff could hurt instead of help

Apr 20, 2017

President Trump could sign an executive order tomorrow triggering an investigation into competition in the steel industry. That in turn could lead to new tariffs on foreign steel. The idea would be to protect the U.S. steel industry, but often the imposition of tariffs can lead to unintended consequences.

Click the audio player above to hear the full story.

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Kai Ryssdal

This has been a relatively low-key week in Washington. Congress has been on recess and the president has been in and out of town. Left behind have been staffers at agencies and offices that do the work that helps the government work, among them the Congressional Budget Office and its director, Keith Hall. Hall and the CBO were most recently in the news during the debate and eventual collapse of the health care bill.

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