Marketplace from APM

Mon-Fri 6:30PM – 7PM
Kai Ryssdal

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

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12:00 pm
Tue June 2, 2015

A Boeing 747 pilot writes a love letter to flight

One of the first Boeing 747 aircraft used by BOAC airlines for the London to New York service, photographed on April 7, 1971.
Kai Ryssdal and Mukta Mohan

Mark Vanhoenacker is a commercial pilot who flies a Boeing 747 from London to major cities all over the world. Although he has been flying planes for years, Vanhoenacker is still mesmerized by the wonder of flight. He poetically shares his experiences in his first book, "Skyfaring: A Journey With a Pilot."

On the scale of travel:

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12:00 pm
Tue June 2, 2015

Purchasing items on Pinterest is now a pin away

Molly Wood

Say goodbye to your bank account. Pinterest just announced what it's calling "buyable pins," which is, basically, the option to instantly buy the pretty things you see on the app.

Ordering items on Pinterest's new purchasing service. (Courtesy Molly Wood)

The feature will be coming to iOS (sorry, Android fans) sometime in June, according to co-founder and CEO Ben Silbermann. He said shopping on Pinterest was the No. 1 request of "pinners" who fill the app with photos of clothing, cars, curios, furniture, shoes and much, much more. 

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News
12:00 pm
Tue June 2, 2015

Freshly re-elected Sepp Blatter leaves FIFA

FIFA President Sepp Blatter holds a press conference at the headquarters of the world's football governing body in Zurich on Tuesday. Blatter resigned as president of FIFA as a mounting corruption scandal engulfed world football's governing body. 
Kai Ryssdal and Daisy Palacios

Sepp Blatter was re-elected as the president of FIFA, world soccer’s governing body, last Friday. It looks as though, however, the ride is almost over for Blatter: he announced Tuesday that he will resign his position. To say it came as a surprise is something of an understatement.

Daniel Roberts, a sports business writer for Fortune magazine, says the reasons why Blatter decided to resign is unclear.

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News
12:00 pm
Tue June 2, 2015

Marketplace for Tuesday, June 2, 2015

News
12:00 pm
Tue June 2, 2015

Insurers grapple with keeping premiums stable

A healthcare reform specialist helps people select insurance plans at the free Affordable Care Act Enrollment Fair at Pasadena City College in 2013 Pasadena, California. 
D Gorenstein

Around the country, major health insurers are proposing to increase monthly premiums by 26 percent to 51 percent. This, predictably, has reignited the political debate over the Affordable Care Act. But there’s something more important going on, and it’s happening in the belly of the insurance industry.

Insurers are grappling with new rules to bring price stability to their businesses.

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News
12:00 pm
Tue June 2, 2015

JPMorgan Chase to eliminate voicemail

JPMorgan Chase hangs up its voicemail service.
Kai Ryssdal

JPMorgan Chase has joined the 21st Century.

A bank executive said at a conference today that the company's going to start phasing out voicemail for some of its employees. Which I get — cell phones and email and texting and all that.

Here's the kicker though, and maybe this was just me — JPMorgan is still paying $10 a month per employee for corporate voicemail.

Seems kinda steep.

News
12:00 pm
Tue June 2, 2015

Keeping mental health patients stable and out of jail

Assertive Community Treatment teams were first developed in the 1970s as a way to help people with severe mental illness live on their own. Now team members are trying to help mentally ill patients stay out of the hospital and jail.
Alisa Roth

Jesse Harrison’s parents used to have to call the police to get him to come out of his bedroom, so it’s something of a triumph he took visitors up there himself.

His psychiatrist, Rob Weisman, follows him up a narrow carpeted staircase into the attic room. The light was broken, so it was very dark. An unmade bed is on one side of the room, and an asthma nebulizer sits amid Styrofoam cups and other trash on the floor in front of the TV.

“We’ve got to get you cleaned up in here,” Weisman says.

Harrison is schizophrenic and smokes a lot of marijuana.

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News
12:00 pm
Tue June 2, 2015

When horses fly

An airline staff member feeds a race horse in October 2008 at the Animal Lounge at Frankfurt's international airport after the animal was flown back from an equestrian tournament in Sao Paolo, Brazil.
Gigi Douban

The next time you find yourself balking at the cost of air travel, think of this: horse owners have it worse. Every year, thousands of horses travel by air domestically and internationally. And the price tag for these flights can be extravagant.

Triple Crown contender American Pharoah was expected to touch down today at Long Island's MacArthur Airport before making the 40-mile trek over to Belmont Park.

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News
12:00 pm
Tue June 2, 2015

A literal underground music scene

NYC Jazz Underground auditions for the Music Under New York judges.
Tobin Low

The subways of New York echo with lots of different sounds — the footsteps of commuters, the rumble of trains, announcements about arrivals and departures — but occasionally, through the din of the daily commute, there breaks through the sound of a musician performing on the subway platform.

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News
11:48 am
Tue June 2, 2015

The great trade debate: nine sticking points

President Barack Obama meets with leaders from the Trans-Pacific Partnership at the U.S. Embassy in Beijing.
Tracey Samuelson

On Wednesday, Marketplace host Kai Ryssdal will sit down with President Obama to discuss the future of international trade. Here's a look at what's on the table:

Among the top issues facing the House of Representatives this summer is whether to give President Obama enhanced power to negotiate trade deals. It's known as "trade promotion authority," and passing it means Congress agrees to give completed trade packages a straight yes-or-no vote without amendments or filibusters. 

The Senate passed TPA after vigorous debate in May.

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