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.

More info on Marketplace

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News
1:00 am
Fri May 22, 2015

Marketplace Morning Report for Friday, May 22, 2015

News
1:00 am
Fri May 22, 2015

Insuring governments against disease outbreaks

A view of gloves and boots used by medical staff, drying in the sun, at a center for victims of the Ebola virus in Guekedou. In the aftermath of the outbreak, advocates are proposing pandemic insurance.
D Gorenstein

In the wake of the Ebola outbreak in Africa, a new plan has emerged to guard against future risk: insurance for disease outbreaks. The idea is to help protect governments and industry against the costs of pandemics. A San Francisco firm announced $30 million in funding for the idea this week.

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News
1:00 am
Fri May 22, 2015

Another Y2K moment? The 'leap second.'

On June 30, 2015, a 'leap second' will be added to the world's master clocks.
Mitchell Hartman

On June 30, 2015, at midnight Greenwich Mean Time/Coordinated Universal Time, an extra second will be added to the world’s master clocks. That’s to sync up with the earth’s rotation, which does not precisely match the clocks and computers we earthlings use.

This so-called ‘leap second’ is being planned for by financial exchanges and firms that depend on precise pricing and transaction data, down the micro-second.

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News
1:00 am
Fri May 22, 2015

Marketplace Tech for Friday, May 22, 2015

The Commodity Futures Trading Commissions is looking into a plan of action for the ... wait for it... "leap" second.
Marketplace
News
1:00 am
Fri May 22, 2015

The impact of Baltimore's $100 million investment

 A view of downtown Baltimore. 20 years ago, the city received $100 million as part of a program to target the poorest neighborhoods in six cities.
Noel King and Caitlin Esch

Phyllis Young has a full life: three children, five grandchildren, a mortgage, and a job she loves. 11 years ago, Young, a geriatric nurse's assistant, was making $8 an hour and hoping to boost her wages to $12. She hit a stroke of luck.

Baltimore, in 1994, won a federal contest aimed at alleviating poverty in urban cores. Six cities were given a federal grant of $100 million each as well as a package of tax breaks for businesses and employers. The money and tax credits were intended to revitalize each city's poorest neighborhoods, which were called Empowerment Zones.

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News
12:00 pm
Thu May 21, 2015

Hillary's new LinkedIn résumé

Democratic presidential hopeful and former Secretary of State Hillary Clinton meets with parents and child care workers at the Center for New Horizons on Wednesday in Chicago. 
Tim Fitzsimons

Hillary Clinton is not the first person to get on LinkedIn — about 115 million Americans joined before her.  Nor is she the first 2016 contender. Marco Rubio, Ted Cruz, and others already have profiles there.

"The difference between Hillary Clinton and every single other candidate running, including Jeb Bush, is she has universal recognition already," says Larry Sabato, the director of the Center for Politics at the University of Virginia. 

This argument is similar to the one being made by her campaign. They say everyone knows her name, but few know the real Hillary.

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News
12:00 pm
Thu May 21, 2015

Should only farmers be allowed to sell in farmers markets?

The sheds at the Nashville Farmers' Market remained relatively empty through the beginning of May because of a newly-adopted policy that bans the reselling of produce.
Blake Farmer

The number of farmers markets has more than quadrupled over the last 20 years, according to the USDA. The trouble has become defining what a farmers market is.

One of the country’s larger markets is going through a painful process of purging vendors who don’t meet a new “producer-only” standard.

“There’s nothing here. There’s no farmers,” retiree Walter Gentry says with a laugh, which echoes through the empty sheds of the Nashville Farmers’ Market. “I thought I could get some peaches here.”

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News
12:00 pm
Thu May 21, 2015

Cars: hardware or software?

A General Motors logo is shown at the General Motors Technical Center.
Kai Ryssdal

Modern technology and the law are running smack into each other at highway speeds.

At a recent copyright hearing, a lawyer for General Motors said that even after you pay off your car — even after you own every last nut, bolt, creak and rattle — GM still owns the software that basically makes modern day cars go.

What, then, are you doing when you buy a car? You're licensing the software.

News
12:00 pm
Thu May 21, 2015

Jack Dorsey: Twitter founder, Square CEO, punk

Jack Dorsey, CEO of Square, Inc. and Chairman of Twitter, holds an event in London in November 2014 where he announced the launch of the Square Register mobile application.
Kai Ryssdal, Tommy Andres and Mukta Mohan

You have about a 0.00006 percent chance of starting a billion-dollar business. Jack Dorsey didn't just start one — he's got two.

Dorsey was 29 when he launched Twitter with his pals Evan Williams, Biz Stone and Noah Glass back in 2006. His handle, @Jack, is Twitter's first personal account.

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News
12:00 pm
Thu May 21, 2015

Marketplace for Thursday, May 21, 2015

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