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

What’s next for Starbucks CEO Howard Schultz?

8 hours ago
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Lane Wallace

Shares in Starbucks were sharply down early Wednesday on the news that Starbucks CEO Howard Schultz is stepping aside as CEO. He’ll stay with the company to focus on the high-end coffee market, and COO Kevin Johnson will step into the chief executive role. Howard Schultz has spoken to our show a few times, including a recent conversation about the company’s media pursuits.

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Emily Siner

The resort towns of Gatlinburg and Pigeon Forge, Tenn. are trying to come to terms with the loss of life and property from the wildfires that swept through the community this week. At least 11 people died and 700 buildings were destroyed.

But many people who lost their homes and businesses don’t even know it yet, because they’re still waiting to be allowed back into their neighborhoods.

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Reema Khrais

Today, President Obama will meet with incoming United Nations chief Antonio Guterres. Guterres will step into the Secretary General role in January. That’s also when we’ll see a new administration in Washington. What could U.N.-U.S. relations look like under President Trump? 

Click the above audio player to hear the full story. 

2016 wage growth: good but not great

10 hours ago
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Adam Allington

The U.S. economy added 178,000 jobs in November, with the unemployment rate declining to 4.6 percent. 

Forecasts had predicted a net gain of around 180,000, jobs, a signal of steady hiring in the labor market.

Though average hourly earnings declined last month, wages have been trending up for some time. But there’s still room for improvement.

Marketplace Tech for Friday, December 2, 2016

10 hours ago
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Marketplace

On today's show, we'll look at Reddit's smaller communities, which some say take the First Amendment to the extreme; talk about one man's fascination with fitness trackers; and play this week's Silicon Tally with Stacey Higginbotham, host of the podcast the "Internet of Things."

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Marketplace

On today's show, we'll talk about an Italian referendum that could determine not only the fate of the country's government, but some of its shaky banks. We'll also discuss Starbucks' announcement that CEO Howard Schultz is stepping down from his position, and look at financial literacy in Louisiana classrooms. 

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Jesse Hardman

Tyrell Raby is a little nervous as he waits in line at a Baton Rouge bank.

“If you have a low credit score the bank won’t trust you that much,” he said.

Raby’s 13, and he’s actually at a fake bank, set up at a mall in Baton Rouge, with around 50 eighth-grade classmates from McKinley Middle School. He’s participating in a financial literacy course for middle schoolers.

The Uncertain State of South Korea

22 hours ago
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Kai Ryssdal and Adhiti Bandlamudi

Prosecutors in South Korea are investigating  a corruption scandal involving President Park Geun-Hye. Allegedly, President Park's friend asked major companies, namely Samsung, for large donations for the South Korean government. Now, people protest outside the Blue House, the President's residence, every Saturday and demand that she resigns. This scandal, paired with President-elect Donald Trump's comments about the country have sent the nation into a state of uncertainty about its future. 

Stephen Evans is a Seoul Correspondent for the BBC and has been covering this story. 

Starbucks CEO Howard Schultz steps down

23 hours ago
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Kai Ryssdal

It's tempting to say it was the pumpkin spice lattes that did him in, but it's probably just the right time: Howard Schultz announced today he's stepping down next year as CEO of international coffee purveyors, Starbucks.

It could be a very good holiday for U.S. charities

23 hours ago
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Nancy Marshall-Genzer

Charities could see a bump up in donations this month. That’s because wealth advisers are telling their clients to increase their giving now, before likely changes to the tax code next year. On his website, Donald Trump says he’ll cut the top tax rate to 33 percent. And he wants to cap itemized deductions for married joint filers to $200,000. Currently there is no cap. That last part is already affecting charitable giving, with advisers telling clients to step up giving now before the cap kicks in.

Click the audio player above to hear the full story.

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