Investing

Marketplace with Kai Ryssdal

Marketplace

+31 FANS

Marketplace® is the leading business news program in the nation. Host Kai Ryssdal and our team of reporters bring you clear explorations of how economic news affects you, through stories, conversations, newsworthy numbers and more. Airing each weekda...Show More

Best
Newest
Looking for recently uploaded episodes
10/30/2017: Prosecutors love a paper trail…

25:50 | Oct 30th, 2017

...and paying taxes on things (or not paying taxes on things) always leaves one. That’s probably why special counsel Robert Mueller is starting with indictments of former Trump campaign chief Paul Manafort and his business associate, Rick Gates, on c...Show More

08/07/2017: Where did globalization go wrong?

25:56 | Aug 7th, 2017

A lot's changing about America's place in the global economy. NAFTA negotiations are starting next week in Washington, and President Trump has already withdrawn from the Trans-Pacific Partnership. In a lot of ways, it's the total opposite of the late...Show More

About that spending bill ...

26:02 | Feb 15th

Congress approved a spending bill this week to support broadband infrastructure in underserved areas. Besides keeping the government open, we look at what that means for rural America. Then: How businesses are preparing for a no-deal Brexit. Plus, we...Show More

Does this podcast spark joy?

25:31 | Feb 14th

Thanks to her best-selling book and new Netflix show, Marie Kondo is inspiring Americans to get organized. But what happens to all the stuff that doesn't "spark joy"? We look at the cost of tidying up and who foots the bill. But first: What you need ...Show More

The other "Dreamers"

25:42 | Feb 13th

Some 600,000 American-born children whose parents have returned to Mexico, voluntarily or not, are believed to be in Mexican schools. Today, we look at the economics of them coming back to the United States. Plus: What you need to know about the pote...Show More

How well do you know your economic history?

25:29 | Feb 12th

"1888, have the press check it out," President Donald Trump said at a rally Monday night, citing one of his favorite historical precedents for tariffs. Well, we did. Plus: cross-border commerce in the Trump era and the race to make the perfect fake m...Show More

How often do you check your home's value?

25:45 | Feb 11th

If you own a home, or want to own one, chances are you’ve spent some time with one of the many apps that estimate home values. Watching those prices rise, at least on paper, has become something of a national pastime — but it could be doing a number ...Show More

The government could shut down again next week and some workers still don't have back pay

26:06 | Feb 8th

The government reopened two weeks ago, which means, yes, we're just one week from another potential shutdown. The thing is, it takes time to get an organization that large started again. Case in point: Thousands of workers still don't have back pay. ...Show More

Where's my tax return?

25:39 | Feb 7th

As tax season carries on, states are trying to adjust to the new federal tax law and are putting thousands of tax returns on standby. We start today's show bringing you the latest. Then: the lingering debt of federal workers who borrowed to get by in...Show More

Returning to work after the shutdown

25:35 | Feb 6th

The partial government shutdown may be over, but people going back to work are still feeling its effects. Today we hear from one contractor about her bittersweet return. Then: Hundreds of Texans are suing the government over how it handled relief eff...Show More

Apples to apples

25:45 | Jan 31st

The impacts of the trade war with China are widespread. Today we'll zoom in on agriculture, and a family farm in Washington that's feeling it. Plus, the latest on Foxconn, which now says it's backing away from building TVs in Wisconsin in favor of ad...Show More

Who's excited for the "Big Game"?

26:18 | Jan 30th

We can say "Super Bowl" as much as we want. Super Bowl, Super Bowl, S U P E R  B O W L. But if you're an Atlanta-area business or an advertiser hoping to capitalize on the game, you have to get creative because the NFL has that trademark locked down....Show More

What do you do when your old boss runs for president?

25:32 | Jan 29th

We've got big tech drama at home and abroad topping today's show: We'll get you caught up on the new charges against Huawei and an alarming iPhone bug. Plus, the latest on Brexit. Then: Former Starbucks CEO Howard Schultz might be running for preside...Show More

How to reopen the government

26:07 | Jan 28th

The government shutdown may be over, for now, but agencies that gather economic data could take a while to get caught up. We'll look at the effects and talk with Congressional Budget Office Director Keith Hall. Plus, the state of the iPhone in China ...Show More

What the shutdown cost

27:11 | Jan 25th

As President Donald Trump agreed to temporarily reopen the government Friday, mayors from all around the country were wrapping up a trip to Washington, D.C., to talk about what the shutdown has cost their communities. We'll talk to some today, plus w...Show More

Modern monetary theory is a sink

26:46 | Jan 24th

Rep. Alexandria Ocasio-Cortez said recently that modern monetary theory, or MMT, should “be a larger part of our conversation” when it comes to funding ambitious policies she’s proposed. On today's show, we'll explain how it works — it's kind of like...Show More

10 million percent inflation

25:20 | Jan 23rd

That's where the situation is heading in Venezuela. We'll tell you what you need to know as President Nicolás Maduro is called to resign. Then, more from our series on President Trump's signature economic moments. Plus, why the government shutdown is...Show More

Trumponomics

25:54 | Jan 22nd

In the past two years, President Trump has changed the way we talk about business and economic life in this country. He views the economy through a transactional lens: there are always deals to be made or renegotiated. He's the CEO of America, Inc., ...Show More

Day 1 at Davos

25:21 | Jan 21st

Things weren't looking exactly glass half-full today at the World Economic Forum, the annual meeting of economists, bankers and world leaders. During a news conference, IMF Managing Director Christine Lagarde said the global economy was growing “more...Show More

The Fed's view on the shutdown

26:23 | Jan 18th

During periods of economic uncertainty, many people look to what central bankers say as a forecast of what’s to come. In that spirit, we have Federal Reserve Gov. Lael Brainard on the show today to talk about the longest government shutdown in histor...Show More

Cardi B speaks the truth

26:02 | Jan 17th

The rap superstar took to Instagram yesterday to make sure her followers were paying attention to the government shutdown: "this s**t is really f**king serious, bro." She's right! We'll start the show by looking at the newly "essential" employees Pre...Show More

Regulate me!

26:30 | Jan 16th

With no end in sight to the partial government shutdown, some businesses are starting to miss the regulation that shielded them from risk. Then: The fallout from yesterday’s failed Brexit vote may not be isolated to Britain. We'll look at how uncerta...Show More

Deal or no deal

26:01 | Jan 15th

British Prime Minister Theresa May's Brexit deal was shot down today. We'll kick off our show with the latest and what's next. Then, speaking of "no deal": Under the partial government shutdown, some Trump advisers are seeing what a smaller governmen...Show More

Unknown unknowns

26:13 | Jan 14th

As of this weekend, we're in unprecedented territory. It's the longest partial government shutdown in history. We'll spend some time on today's show looking at how the effects of the shutdown could snowball over the coming days. Then: More than 30,00...Show More

Does this happen in other countries?

25:28 | Jan 11th

While the American government shutdown turns into the longest ever, a crucial vote on Prime Minister Theresa May’s Brexit deal heads to Parliament next week, which could determine the fate of Britain’s future with the European Union. We'll bring you ...Show More

How'd retailers do this holiday season?

25:27 | Jan 10th

Going into the holidays, consumer confidence was high and retail forecasts were looking rosy. Now, more than a week into the new year, it turns out the results are a bit of a mixed bag. We take a closer look at industry news out today. Then, governme...Show More

All the business that's not happening

25:29 | Jan 9th

With today's talks falling through and federal workers about to miss a paycheck, this shutdown is on its way to becoming the longest-ever, and millions in missing income has ripple effects. We're devoting much of today's show to that, looking at how ...Show More

What it means to miss a paycheck

25:11 | Jan 8th

Friday's payday — or it should be. If the government shutdown continues through the week, federal workers will miss out. We talked with some out-of-work employees about how the shutdown is affecting their personal economies. Then: High economic growt...Show More

Would you let a resort lock your phone away?

26:06 | Jan 3rd

We can feel it all the way from China. Apple's revised forecast yesterday helped torpedo stocks today. But this might just be a leading indicator of the problems a lot of companies will have as the second-biggest economy in the world slows down. We l...Show More

Merry Christmas, Wall Street. You get a break today.

26:15 | Dec 25th, 2018

U.S. markets are closed for Christmas, which means that investors can take a deep breath from this month's volatility. We'll zoom out and talk about the disconnect between plummeting stock prices and what's keeping our economy strong. Then: Consumer ...Show More

Can Trump fire Jay Powell?

26:25 | Dec 24th, 2018

’Twas the night before Christmas, and the markets continued to dive, so we start with the big picture question: Can President Donald Trump remove Jay Powell as head of the Federal Reserve? Like many things in life, the answer is a bit complicated. Th...Show More

Austin's getting an Apple II

25:48 | Dec 13th, 2018

Apple quietly announced a new $1 billion, 15,000-employee campus to Austin, Texas. It did so without the media frenzy — and blowback — Amazon experienced with its East Coast expansion this year. We'll compare the two tech giants' approaches. Then: Ne...Show More

Where no business has gone before

26:04 | Dec 12th, 2018

Mainly, Mars. SpaceX COO Gwynne Shotwell talked with us about it during a tour of the company's main factory in Southern California. But first, with the sun (possibly) setting on the government-supported 30-year fixed-rate mortgage, we'll assess its ...Show More

How will we know if we're in a recession?

25:55 | Dec 11th, 2018

Unemployment, inflation, GDP growth, bond yields ... we do a lot of numbers on this show. But what should you really be watching if you're nervous about another economic downturn? We asked James Poterba, president of the National Bureau of Economic R...Show More

We can't all be influencers

25:20 | Dec 10th, 2018

You've got a corgi, some home-cooked meals and a few thousand bot followers. What more do you need to be famous on Instagram? Today we'll talk to a writer who learned it takes a lot more to make that sweet, sweet #spon money. But first, we'll catch y...Show More

There's no such thing as free shipping

25:52 | Nov 29th, 2018

Big retailers have followed Amazon's lead in making free shipping a staple. But that leaves small businesses in the uncomfortable position of managing expectations or just eating the cost of two-day air themselves. But first: Wages are up, inflation ...Show More

Is it too early to talk holiday sales?

25:46 | Nov 15th, 2018

Nahhhh. With the holidays right around the corner, and ads inundating our collective consciousness, we try to figure out why deals are everywhere. But first, the British pound has fallen nearly 2 percent against the dollar amid shaky Brexit negotiati...Show More

585 pages of Brexit

25:45 | Nov 14th, 2018

There's a Brexit deal ... we think. What happens next? What sticking points have held up the process? We talk to Marketplace’s Stephen Beard about whether or not the May administration will be able to close the deal with the European Union. Then, a f...Show More

So what if you don't want to pay tariffs?

25:53 | Nov 9th, 2018

It's been a long week. Let's take five minutes just to recap. We'll talk midterms, the Federal Reserve and more with the Wall Street Journal’s Kate Davidson and Politico Managing Editor Sudeep Reddy for the Weekly Wrap. Then, we'll get into tariffs, ...Show More

Make the economy boring again

25:48 | Nov 8th, 2018

Some things might change with the American economy because of the midterms, but we can always count on the good ol' Federal Reserve. The Fed has been meeting this week to discuss interest rates and the state of the economy. While interest rates held ...Show More

The business of closing a business

26:08 | Nov 2nd, 2018

Sears is shutting down more than 100 stores, which is good news for people in the liquidation business. What's it like when your job is help shut down other businesses? We'll look into it, but first: Fed Chair Powell said yesterday that the U.S. won’...Show More

Phones are cheap, but iPhones keep getting more expensive

25:28 | Nov 1st, 2018

At the turn of the century, only about 2 percent of people in India had internet access. Thanks to cheaper and cheaper tech, you can get online in just a few minutes for maybe $100, and that's transformed the country. We'll look at how, and turn stat...Show More

Are you feeling the price hike?

25:42 | Oct 31st, 2018

Inflation is (slowly) creeping back up, and major companies are starting to raise prices on essentials like diapers and paper towels. On today's show, we'll look at whether consumers are feeling the effects and ask all of you about your price-hike br...Show More

When office politics meet national politics

25:30 | Oct 30th, 2018

It's felt harder than ever to avoid political conversations since the 2016 election, even (maybe especially) in the workplace. We'll look at how employers are handling tough conversations. But first, an unintended consequence of Disney's acquisition ...Show More

When the family business is the Lakers

25:39 | Oct 29th, 2018

The Los Angeles Lakers are more than just a basketball team. They are also a company worth $3.3 billion, one of the most successful franchises in the NBA. Fundamentally, the Lakers are an entertainment company with outsized influence. Today we'll tal...Show More

When does the deficit start to matter?

25:43 | Oct 16th, 2018

Corporate tax cuts from earlier this year have helped drive up the deficit, and lawmakers are debating ways to pay it down. We'll look at how the deficit works and how politicians like to use it. Then, the U.S. posted more than 7 million jobs in Augu...Show More

After Brexit, will the the Rock of Gibraltar stay British?

25:49 | Oct 15th, 2018

Gibraltar, on the southern tip of Spain, is a British territory. It’s also one of Europe’s most prosperous economies. But could Brexit change all that? We'll take a closer look at the territory caught in the middle. Then, an unintended consequence of...Show More

Here come the consultants

26:15 | Oct 12th, 2018

With an avalanche of tariffs to navigate, companies are facing a lot of uncertainty over how to plan ahead. Meanwhile, business is booming for trade consultants. We'll talk about it, but first: mortgage rates have hit a seven-year high, and Obamacare...Show More

What's better than no fees? Negative fees.

25:41 | Oct 11th, 2018

Roughly one in three people in the United States have less than $5,000 in retirement savings, but for those lucky enough to have some money stashed away, the cost of investing has been getting lower and lower. Management fees for mutual funds have dr...Show More

Register to vote or die

25:17 | Oct 10th, 2018

We're a couple weeks away from the midterm elections, and it's crunch time for voter registration. Political organizations and campaigns have spent millions on voter registration efforts targeting young and diverse voters, but will it work? Also on t...Show More

R.I.P., Google Plus

25:41 | Oct 9th, 2018

We hardly used ye. Google is phasing out its social platform Google Plus after a massive data breach. We look at how this could affect Google’s business model. Also on today's show, the International Monetary Fund predicted in its global economic for...Show More

Does anyone actually want a Facebook portal?

25:32 | Oct 8th, 2018

Yale economist William Nordhaus, along with New York University’s Paul Romer, received the Nobel Prize in economics Monday. We look at the consequences of putting Nordhaus’ research on the economic impact of climate change to policy. Then, Romer's wo...Show More

How do you sleep at night?

26:11 | Oct 5th, 2018

Unemployment is at a 40-year low and wages are starting to tick up, but the number of people working multiple jobs hasn’t changed in more than a decade. Why? Then: Mattress Firm has filed for bankruptcy, citing poor sales. The sleep business has chan...Show More

All I want for Christmas is a little help

25:07 | Oct 4th, 2018

Forecasts are predicting strong holiday sales this season, which means retailers, warehouses and other businesses are going to need more employees. But with a labor market this tight, we'll look at how companies are competing for seasonal workers. Th...Show More

Last CEO standing

25:48 | Oct 3rd, 2018

Most of today's show is devoted to our conversation with Jamie Dimon, the CEO of JPMorgan Chase. We talked about what it was like managing the bank and tangling with the government during the financial crisis, and how he sees his role in today's econ...Show More

Is a raise at Amazon a raise for the country?

25:31 | Oct 2nd, 2018

Amazon will pay its American employees at least $15 an hour, the company announced today. With 250,000 employees and another 100,000 seasonal workers set to benefit all over the country, can the retail giant pressure its competitors to give out raise...Show More

NAFTA is dead, long live NAFTA

25:28 | Oct 1st, 2018

The Trump administration has struck a deal with Mexico and Canada to revise NAFTA, now called the United States-Mexico-Canada Agreement. We'll bring you the details and see how the deal is playing down on the farm. Plus: Elon Musk stepped down from T...Show More

Your house is being towed

26:09 | Sep 28th, 2018

Thousands of people in California live out of their cars. And for those people, the threat of parking tickets is also the threat of losing their home. But first: We'll look at the week in business and economic news, and tell you everything you need t...Show More

Let's look at the big picture

25:52 | Sep 27th, 2018

As the United States and Mexico finalize details of a trade agreement, the Trump administration has written a rule that Mexican auto manufacturers pay workers a $16 hourly wage or face a 2.5 percent tariff. But the extra taxes might be cheaper than r...Show More

Everything is fine!

25:40 | Sep 26th, 2018

According to the Federal Reserve, anyway. We'll play some of Chair Jerome Powell's statement from today's rate hike announcement and unpack how the central bank sees this economy right now. Then, with the NAFTA deadline looming, we'll look at how clo...Show More

Caught in the middle of a trade war

25:53 | Sep 25th, 2018

Tariffs on more than 5,000 new Chinese products went into effect this week, and American importers are scrambling to catch up. The notice was so short that some shipments were on the water on the way to the United States when tariffs hit. We'll talk ...Show More

Mergers Monday

25:55 | Sep 24th, 2018

We're starting the week with two big mergers in the headlines: SiriusXM is buying the streaming music pioneer Pandora, and American fashion company Michael Kors is expected to buy Versace, the Italian fashion house. Those deals have more in common th...Show More

"We function very well in chaos"

25:28 | Sep 13th, 2018

President Donald Trump rejected the government’s assessment of the death toll from Hurricane Maria this morning. "3,000 people did not die in the two hurricanes that hit Puerto Rico,” he tweeted, accusing Democrats of inflating the number. Those stat...Show More

The software that changed the economy

25:38 | Sep 12th, 2018

You probably haven't heard of Michael Osinski. He's an oyster farmer in upstate New York. But before he did that, in the '80s, he wrote the software that helped banks securitize mortgages — software that would contribute to Lehman's collapse and to t...Show More

How banks got "too big to fail"

25:47 | Sep 11th, 2018

The phrase "too big to fail" is closely associated with the financial crisis of a decade ago, and it was used as a justification for government bailouts. It wasn't always this way. There was a time when most banks were small, and they liked it that w...Show More

The biggest bailout in history, 10 years later

25:22 | Sep 4th, 2018

Neel Kashkari runs the Minneapolis Fed now, but 10 years ago he was in charge of the Troubled Asset Relief Program, also known as the bank bailout. We talked with Kashkari about how TARP architects put a pricetag on the bailout, how his life changed ...Show More

The art of no deal

25:45 | Aug 31st, 2018

Earlier this week, the United States and Mexico reached a trade agreement as apart of the North American Free Trade Agreement overhaul. Then it was Canada's turn. But after three days of talks, the United States and Canada have no deal. Will Canada w...Show More

It's not just a dorm, it's their first home

26:03 | Aug 24th, 2018

As new college students across the country start moving in, we're taking a look at the booming dorm-in-a-bag business. Turns out there's a lot of money in making a 170-square-foot cinder-block box feel like home. But first: It's been a wild week for ...Show More

Would impeachment really tank the stock market?

25:30 | Aug 23rd, 2018

In a week that's seen the looming threat of impeachment and the longest bull market ever, President Donald Trump has said the former would crash the latter. We'll kick off today's show by examining whether presidential scandals can really affect mark...Show More

Houston, a year after Harvey

25:32 | Aug 22nd, 2018

A year ago this week, a storm named Harvey left Houston underwater for days. A year on, many neighborhoods are just beginning to rebuild, and residents face a tough decision: take any insurance or FEMA money and rebuild, or cut their losses and leave...Show More

In other news ...

26:10 | Aug 21st, 2018

The Environmental Protection Agency released details today of its plan to replace the Obama-era rules governing carbon emissions from power plants. This proposal gives a lot of concessions to the coal industry and is a step toward ending what the pre...Show More

Tariffs on trial

26:00 | Aug 20th, 2018

This morning, the U.S. Trade Representative opened six — yup, six — days of public hearings into President Donald Trump's proposed tariffs on Chinese imports. The hearings are to let companies and trade groups affected by those tariffs weigh in, and ...Show More

So ... you ever record anyone at work?

26:05 | Aug 17th, 2018

No judgement if you did. Verbally promised promotions can go up in a poof of smoke and proving a boss or co-worker is abusive is a lot easier when you have solid proof. But there are a few things you should think about before you hit that record butt...Show More

Is it the economy, stupid?

25:56 | Aug 16th, 2018

Republicans are betting on the strong economy to sway voters in November’s elections, but will that work? This time around, maybe not. Also on today's show: A dispatch from Turkey, where Syrian refugees-turned-entrepreneurs are working to stay afloat...Show More

What if we just do MAFTA and CAFTA instead?

25:56 | Aug 15th, 2018

It's been a year since the United States started NAFTA renegotiations with Canada and Mexico. Since then, Mexico has elected a new president and the U.S. has engaged in several controversial trade maneuvers. So are we any closer to signing a new deal...Show More

Fax me, beep me, if you wanna reach me

25:29 | Aug 13th, 2018

Fax machines, once the height of telecommunications tech, have mostly gone the way of the beeper. Some offices still fax occasionally, via those big industrial copiers, which new research shows are very vulnerable to hacking. We'll talk through today...Show More

Kudlow: “Don’t class warfare me” on trade

26:14 | Aug 3rd, 2018

With the caveat that President Donald Trump is often his own economic adviser, we headed to the West Wing today to chat with National Economic Council Director Larry Kudlow. He joined the administration just as Trump levied new tariffs on steel and a...Show More

A trilli, a trilli, a trilli, a trilli

26:28 | Aug 2nd, 2018

We do the numbers all the time, but today's is the biggest yet: Apple is the first company to reach an estimated $1 trillion market capitalization. We'll talk about what that means on today's show. But first: The Trump administration announced its pl...Show More

The brave new world of legalized sports gambling

25:59 | Aug 1st, 2018

The NBA has become the first major sports league in this country to sign a deal with a sports betting operation. Back in May, the Supreme Court said it was OK for states to legalize sports betting, meaning Las Vegas would no longer have a monopoly. E...Show More

In LA, driving to work can be a part-time job of its own

25:34 | Jul 31st, 2018

Southern California's housing market is as hot as ever, with home prices double the national average. That has many buyers searching for more affordable houses outside the city, and that means a much longer commute. Think 90+ minutes. Then: The Labor...Show More

Uncertainty is spelled t-a-r-i-f-f-s

26:20 | Jul 30th, 2018

It’s report card time for U.S. companies. Every three months, corporate executives from publicly traded companies sit down with shareholders to share their quarterly earnings. This quarter, CEOs are stuck between those shareholders and the trade war....Show More

Where does welfare money really go?

25:31 | Jul 23rd, 2018

Welfare reform is in the air again, with a House bill and a renewed push at the White House Council of Economic Advisers. But what do we really know about welfare in America? Especially since the last reform effort two decades ago? Our podcast The Un...Show More

Live every week like it's Shark Week

25:20 | Jul 20th, 2018

President Donald Trump accused China of manipulating its currency today. It's not the first time the White House has thrown out the accusation, but this time it comes amid trade tensions, when the yuan has fallen 8 percent compared to the dollar, whi...Show More

What does summer sound like?

25:27 | Jul 19th, 2018

"Domestic car company" is kind of a misnomer these days. Auto manufacturers get parts from all over the world, and companies like Ford and General Motors stand to both benefit and be hurt by tariffs, making the politics much murkier. We'll talk about...Show More

As Europe goes, so goes the internet

25:52 | Jul 18th, 2018

Antitrust regulators in the European Union are charging Google a $5 billion fine for using its Android software to push out competition and making phone companies pre-install its apps. We'll talk about what that means for the company and the ways ove...Show More

What's carbon really cost?

25:31 | Jul 17th, 2018

Under the Trump administration, federal agencies are no longer required to determine the financial costs of climate change, so a group of scientists have stepped up to the plate. We'll talk about that project and what it can tell us about the real-wo...Show More

Hi, I'd like to file a complaint

25:43 | Jul 16th, 2018

We're starting today with news from overseas, not Helsinki but Geneva, where the World Trade Organization is fielding complains from China against the United States, and the U.S. against pretty much everybody. We'll talk about what happens next and w...Show More

Mergers and mergers and mergers and acquisitions

25:38 | Jul 13th, 2018

The Department of Justice is appealing the ruling that cleared Time Warner's $85 billion merger with AT&T, the government announced just before we put out yesterday's show. Today, we're trying to game out what's next, especially since the merger's al...Show More

Powell on wages, transparency and independence at the Fed

25:41 | Jul 12th, 2018

Jay Powell's been the chairman of the Federal Reserve for about five and a half months. His office in the Federal Reserve Building on Constitution Avenue is still getting put together, but he's already put his mark on the central bank and chatting wi...Show More

Full interview: Federal Reserve Chair Jerome Powell

30:58 | Jul 12th, 2018

In the five months since Jerome “Jay” Powell took over as chairman of the Federal Reserve, the country is facing a growing number of tests: stagnant wage growth, tariff disputes around the world and a White House that likes to publicly offer the Fed ...Show More

The trade war is about to get real

25:21 | Jul 5th, 2018

Today might feel like a Monday, but it's actually the end of the week, which means U.S. tariffs against China go into effect tomorrow. Should you be worried about inflation? Or even ... deflation? We'll talk about it, then head to a Georgian pecan fa...Show More

Your electric bill is feeling the heat

26:01 | Jul 4th, 2018

Happy Fourth of July, it's a hot one and your AC can feel it. The heat wave gripping parts of the midwest and northeast could have a damaging effect on the electric grid system. It also holds economic concerns for the areas poor. Although it’s a holi...Show More

You need a vacation

25:08 | Jul 3rd, 2018

Traders only worked half a day, giving everyone a chance to get out of town for the July Fourth holiday. In that spirit we're bringing you three stories about summer vacations: Why plane tickets are so cheap right now, how Orlando became an amusement...Show More

Sedan sales aren't what they used to be

25:55 | Jun 14th, 2018

The trusty sedan might not be enough for Americans these days. Sales have been tanking the last few years, giving way to bigger trucks, SUVs and crossovers. We find out why. Also on the show, we talk with Politico’s Annie Karni about her reporting on...Show More

"You can’t barbecue your way out of this problem"

25:31 | Jun 6th, 2018

If only. President Donald Trump likes to talk about the trade deficit, the difference between what the United States sells to other countries and what it buys from them. It shrank between March and April, according to the latest report, something the...Show More

The White House's energy and trade policies are straight out of the '80s

25:20 | Jun 5th, 2018

A year-plus into NAFTA negotiations, President Donald Trump might be considering a new tactic: Split up the whole thing into two bilateral deals with Mexico and Canada. We'll take a look at what that would look like. Then, we hear from more businesse...Show More

It's shaping up to be an awkward week for the White House

25:42 | Jun 4th, 2018

Treasury Secretary Steven Mnuchin got the cold shoulder at the G-7 finance ministers meeting this past weekend, and as President Donald Trump heads to Quebec for more meetings, Canada, Mexico and the European Union are issuing blistering responses to...Show More

Tariffs are taxes, so what does that mean for last year's big tax cut?

25:48 | Jun 1st, 2018

It's been a while since one of President Donald Trump's tweets made economic news, but today he kind of scooped the rest of the government. "Looking forward to seeing the employment numbers at 8:30 this morning," he tweeted, potentially violating a f...Show More

The trade war is back on. Here's everything you need to know.

25:37 | May 31st, 2018

The threat of a trade war has been looming over this country since President Donald Trump announced steel and aluminum tariffs almost three months ago. But one set of tariffs, and a bunch of exclusions and carve-outs to it, does not a trade war make....Show More

Caught in the crosshairs of global trade policy

25:53 | May 30th, 2018

Over 12.5 million people in the United States work in the manufacturing sector. That's nearly 12 percent of U.S. GDP. So what we make and how make it matters. We're starting off with the second part in our series about manufacturing in America. Today...Show More

05/29/2018: Raise your hand if you can’t keep track of Trump's China policy

25:53 | May 29th, 2018

... unless you're driving. Then honk maybe? At any rate, you're not alone. The White House is back to being the Bad Cop, pushing ahead on tariffs and punishing China for playing unfair with intellectual property. We'll bring you the latest on that an...Show More

Are you using your vacation days?

25:33 | May 28th, 2018

Or are you in the 52 percent of American workers who left them on the table in 2017? We look at the economic effects of people taking their paid vacation time. And on this Memorial Day, the future of of the $55 billion VA Mission Act, which provides ...Show More

How can you tell if unconscious bias training worked?

25:59 | May 25th, 2018

Starbucks stores around the country are closing down next week for unconscious bias training. The programs are getting more and more popular, but is their impact measurable? Plus, we cap of our week covering graduates in the recession with the story ...Show More

What does the automobile industry have to do with national security?

25:33 | May 24th, 2018

The Trump administration announced it would investigate possible tariffs on auto imports on national security grounds. But, how exactly is the auto industry connected to national security? We sent Marketplace's Sabri Ben-Achour on a hunt for answers....Show More

Does the class of 2018 have it made?

26:20 | May 23rd, 2018

Probably not, to be honest. They have a lot of student loans. But hey, the job market is good! Well, sort of. Listen to the story, we'll explain. Today we talk to Qualcomm CEO Steven Mollenkopf about why he isn't worried about China and why 5G is exc...Show More

This graduation season, think back to what's changed in 10 years

25:41 | May 22nd, 2018

The House is set to take up a bill today dialing back parts of Dodd-Frank, the law regulating banks after the financial crisis. The bill, which has already passed the Senate, would change mortgage lending requirements and raise the threshold at which...Show More

The trade war is on hold — for now

25:27 | May 21st, 2018

After two days of trade talks in Washington and a high-level trip earlier this month, China and the United States have announced a truce in the simmering trade war, with U.S.-imposed tariffs on hold. We'll spend some time a the top of today's show re...Show More

So, what's going on with trade again?

26:00 | May 18th, 2018

We're talking NAFTA. We're also talking tariffs. And China. And trade deficits. Leigh Gallagher from Fortune Magazine and Dion Rabouin from Yahoo Finance join us for the Weekly Wrap to talk about the unforeseen consequences of U.S. trade policy and t...Show More

The Markle Effect

25:27 | May 17th, 2018

We're just a couple days away from the royal wedding, and the fashion industry loves Meghan Markle. We'll look at her style and how it might change once she marries Prince Harry. But first, let's talk about the Newtonian law of global trade: For ever...Show More

"I Love Capitalism!"

25:40 | May 16th, 2018

That's the name of Ken Langone's new book. He co-founded The Home Depot, and he's been around this economy for a while. We'll unpack that premise, but first we'll talk NAFTA renegotiations. Tomorrow's supposed to be the deadline, but it appears that ...Show More

Just about everyone agrees drugs are too expensive

25:23 | May 15th, 2018

So what are they actually doing about it? Today on the show, we'll do the numbers. The 100 most-common brand-name pharmaceuticals got 232 percent more expensive in the past decade. State lawmakers have filed more than 150 bills this year to rein in c...Show More

Welcome to ~*~the future~*~

25:55 | May 14th, 2018

It's not all it's cracked up to be. A Tesla Model S rear-ended a firetruck at a red light last night. The car was doing 60, and witnesses say it didn't break. The driver broke his ankle, and now investigators are wondering if the car's autopilot syst...Show More

05/11/2018: Remember when the news was slow?

26:05 | May 11th, 2018

We packed a lot in the first half of this episode: What President Donald Trump said (and didn't say) in his speech on drug prices today, the looming NAFTA deadline, the swamp and the draining thereof, it's all here. Then: The upfronts are next week. ...Show More

05/10/2018: Doing the numbers on the Hermit Kingdom

25:27 | May 10th, 2018

President Donald Trump announced today he's going to meet Kim Jong Un on June 12 in Singapore. There are a whole lot of variables in this equation: What's motivating who to do what? One thing that might have driven North Korea to the negotiating tabl...Show More

05/09/2018: What's Facebook up to?

25:22 | May 9th, 2018

The news coming out of Facebook this week is maybe a bit friendlier than it has been: The company announced some leadership shuffles yesterday, along with a new department focused on blockchain technology. We'll kick off today's show with everything ...Show More

05/08/2018: The economic fallout of leaving the Iran nuclear deal

25:40 | May 8th, 2018

Iran agreed to a slew of limits on its nuclear program three years ago in exchange for lifting decades of international sanctions from the United States and five other countries. The year after the deal went into place, Iran's real GDP grew by 12.5 p...Show More

05/07/18: A venti deal between Starbucks and Nestle

25:38 | May 7th, 2018

Or maybe it's a grande deal? Whatever. It's a very big deal. The Swiss food brand is paying more than $7 billion for the rights to distribute Starbucks coffee. We'll talk about what Nestle does (or doesn't) get for its money. Probably it means no one...Show More

05/04/2018: The economy is weird right now

25:35 | May 4th, 2018

The labor market, to be specific. It's been out of whack for a while, and this morning's jobs report only got stranger. Last month saw 3.9 percent unemployment, the lowest in 18 years. Finding a job is pretty easy, but wages still aren't rising. What...Show More

05/03/2018: Yes, millennials buy houses sometimes

25:24 | May 3rd, 2018

We've been talking a lot about the countries and companies that have asked for exemptions from President Donald Trump's steel and aluminum tariffs. But remember, the whole point of these things is to help out America's steel and aluminum industries. ...Show More

05/02/2018: 2 percent inflation euphoria

25:15 | May 2nd, 2018

Today, the Federal Open Market Committee chose not to raise interest rates, but it did have other news: Inflation has reached the Fed benchmark of 2 percent. How tolerant of inflation is the Fed going to be? That depends on whether the economy is exp...Show More

05/01/2018: Just because you use words interchangeably doesn't mean they're the same

25:24 | May 1st, 2018

Ahead of a midnight deadline last night, the White House gave a slew of countries exemptions from steel and aluminum tariffs lasting a month or longer. South Korea has already scored itself a permanent pass by agreeing to restrict its steel and alumi...Show More

04/30/2018: The race to 5G

26:08 | Apr 30th, 2018

The big corporate story du jour is T-Mobile and Sprint, but we're going to focus on something specific the two wireless companies said when they announced a proposed merger: that the combined company would be able to move faster on fifth-generation w...Show More

04/27/2018: Is vaping *too* cool?

26:14 | Apr 27th, 2018

The e-cigarette manufacturer Juul started off aiming its product at adult smokers looking to quit, but now the brightly-colored, fruit-flavored refill cartridges have caught on with teens, and the FDA is stepping in. We'll talk about it. Plus: the vi...Show More

04/26/2018: Buying a Ford doesn't mean what it used to

26:08 | Apr 26th, 2018

The big corporate headline of the day is an industrial story, a commodities story, a global trade story and a good ol' wow-that's-an-interesting-move story. Ford Motor Company announced this morning it's going to stop making cars for the North Americ...Show More

04/25/2018: Enchanté!

25:31 | Apr 25th, 2018

If what's past is prologue, we're in for a change of mood at the White House. French President Emmanuel Macron's on his way out of town, after what you can only call a very warm reception from President Donald Trump. German Chancellor Angela Merkel s...Show More

04/24/2018: Who's up, who's down

26:07 | Apr 24th, 2018

Quick: Are rising interest rates good or bad? What about oil prices? Home prices? It's kind of a trick question. Those are all signs of an economy that's growing quite nicely — when wages are going up. That's where we're starting today. Then: If you'...Show More

04/23/2018: The cost of money

25:58 | Apr 23rd, 2018

We begin today with a number, a relatively simple number that brings with it meaning for everybody in this economy who has debt: 3 percent. That's the interest rate that the government's 10-year Treasury note is getting really close to, for the first...Show More

04/20/2018: Mick Mulvaney on Wells Fargo, the role of regulators and restructuring the American economy

26:05 | Apr 20th, 2018

Wells Fargo will pay the federal government a billion dollars to settle charges of misconduct in its car and home loans. That's a lot, but only a small percentage of the banks' recent profits. It's also the biggest bank fine imposed by the Trump admi...Show More

04/19/2018: Puerto Rico is still recovering

25:59 | Apr 19th, 2018

Sometimes you've got a plan for reporting out a story, then circumstances change your mind. That's what happened to Marketplace Weekend host Lizzie O'Leary, who's in Puerto Rico this week. She was in the middle of reporting an update on how the islan...Show More

04/18/2018: Did you go to Starbucks today?

25:43 | Apr 18th, 2018

American consumers can be a fickle bunch, and companies spend billions to make that fickleness break their way as best they can — especially in a crisis. Bloomberg calculated that Starbucks' upcoming shutdown for racial bias training is gonna cost $1...Show More

04/17/2018: The Tax Day that wasn't

25:56 | Apr 17th, 2018

It was supposed to be Tax Day in America, but thanks to computer issues at the IRS, everyone gets another day to file. Taxes were still on the docket at the Supreme Court today though — the justices heard South Dakota v. Wayfair Inc. At issue is whet...Show More

04/16/2018: It's another episode of "Is There Anything Beyoncé Can't Do?"

26:09 | Apr 16th, 2018

It's a bit of a musical episode today, from Beyoncé's mammoth Coachella performance to... the new Fed appointments? We'll explain. None of our trading partners were hit with a currency manipulator label in the latest report from the Treasury departme...Show More

04/13/2018: Trump did a 180 yesterday ... and another today

26:20 | Apr 13th, 2018

President Donald Trump has gone back and forth on the Trans-Pacific Partnership the past few days, and you might be looking for a refresher. What exactly is in the thing? We'll get you up to speed today and talk a bit about the Farm Bill, too. Then: ...Show More

04/12/2018: TPP? TBD

26:04 | Apr 12th, 2018

Much like health care, it seems global trade is a harder nut to crack than the White House thought it might be. In a meeting today, Presdient Donald Trump said he's told his top economic and trade advisers to look at getting the United States back in...Show More

04/11/2018: What Paul Ryan's departure means

25:58 | Apr 11th, 2018

We got the most recent Federal Reserve meeting minutes. The key takeaways: Trump tax cuts and increased federal spending will give the economy a short-term boost, but all the deficit spending and retaliatory tariffs carry long-term risks. Speaker of ...Show More

04/10/2018: "Senator, we run ads."

26:08 | Apr 10th, 2018

If you were listening to Mark Zuckerberg's testimony in front of the Senate, you missed the sort of bewildered smile on the Facebook CEO's face as he explained to Sen. Orrin Hatch how his company makes money. Zuckerberg was still answering questions ...Show More

04/09/2018: Would you pay for Facebook?

26:10 | Apr 9th, 2018

It's been a while since we've started this program by dissecting a presidential tweet. But with a whiff of trade war in the air, there's some good economic context to be had from that exercise today. At 6:03 in the morning, the president said, "When ...Show More

04/06/2018: ¯\_(ツ)_/¯

26:00 | Apr 6th, 2018

Today's jobs report was underwhelming, no doubt. But after putting up huge numbers last month, we're still adding 200,000 jobs a month this year. What we should really be worried about is The Ghost of Jobs Reports Yet to Come, because this run of eco...Show More

04/05/2018: The view from China on a potential trade war

25:58 | Apr 5th, 2018

The trade deficit — all the goods and services we buy from overseas, minus what other countries buy from us — is President Donald Trump's key economic irritant. He's cited it when threatening to raise tariffs and tear up trade deals like NAFTA. We ju...Show More

04/04/2018: Your trade war questions, answered

25:56 | Apr 4th, 2018

We should be clear from the jump: China and the U.S. are trading specific, escalating threats of tariffs, but none have actually gone into effect. So you could call it a "trade war," but it really isn't ... yet. Still, you all have a lot of questions...Show More

04/03/2018: Nothing but respect for *our* John Williams

26:16 | Apr 3rd, 2018

The 12 regional banks in the Federal Reserve are ostensibly equal, but in reality the New York Fed leads the way on regulation of Wall Street and other bits of monetary policy. Today, the central bank announced John Williams (no, the other one) will ...Show More

04/02/2018: Markets couldn't ignore a brewing trade war forever

26:41 | Apr 2nd, 2018

Wall Street finally reacted to the escalating tariffs between the U.S. and China today, and sliding tech stocks contributed to what was a pretty manic Monday for markets. We'll kick off the show with everything you need to know. Then: We'll zoom in a...Show More

03/30/2018: Kai Quiz-dal is off today

25:51 | Mar 30th, 2018

... but Molly Wood is here! Walmart is looking to acquire the health insurance giant Humana, which is valued at $37 billion. If approved by regulators, it'll be the latest in a string of big health care mergers. Plus: More and more people are playing...Show More

03/29/2018: Data, data everywhere and no one stopped to think

26:00 | Mar 29th, 2018

... about who controls it or where it all goes. OK, that's not great poetry, but it is a pretty good business model. Even Facebook couldn't get enough. The embattled company was getting consumer data from outside brokers until this week, when it anno...Show More

03/28/2018: Stuck in the middle of tariffs

25:56 | Mar 28th, 2018

The South Korea trade deal we were talking about has finally gone through, and there's a lot in there: cars, currency manipulation and steel. South Korea gets out from under the steel tariffs that went into effect last Friday in return for limiting h...Show More

03/27/2018: The Lamppost Theory

25:53 | Mar 27th, 2018

It goes something like this: "Politicians use economics the way a drunk uses a lamppost: for support, not illumination." It's what Princeton economist Alan Blinder is exploring in his new book: Why can't economists and lawmakers seem to understand ea...Show More

03/26/2018: We took this personality test so you don't have to

25:52 | Mar 26th, 2018

Cambridge Analytica allegedly leveraged a personality test taken by 270,000 people to scrape data from 50 million Facebook users in its effort to influence elections. The quiz was based on a popular test used for modeling what’s called the “Big 5” pe...Show More

03/19/2018: Ben, Hank and Tim

26:08 | Mar 19th, 2018

That is, former Fed Chair Ben Bernanke, former Treasury Secretary Henry Paulson and Timothy Geithner, former president of the New York Federal Reserve and former Treasury secretary. We sat down with all three of them at Yale University last week to t...Show More

03/16/2018: What minty fresh hell is this?

25:59 | Mar 16th, 2018

If the legal machinations of giant corporate mergers are your thing, next week is gonna be a good one for you. The U.S. v. AT&T and Time Warner heads to Federal court Monday. The Justice Department is trying to block the $85 billion deal, and the com...Show More

Bonus: Make Me Smart is back

44:58 | Mar 16th, 2018

Your regularly scheduled episode of Marketplace is landing in your feed later today, but for now we have something special. Make Me Smart with Kai and Molly is back with brand-new weekly episodes, wading into the big topics we want to get smart about...Show More

03/15/2018: A match made at Bear Stearns

26:13 | Mar 15th, 2018

Yesterday we examined the financials that lead to the fall of Bear Stearns, and now we're going to look at the human side: A couple of unlikely Wall Street workers who met and eventually got married at Bear's headquarters. We'll trace their relations...Show More

03/14/2018: Bear Stearns fell 10 years ago today

25:51 | Mar 14th, 2018

On this day in 2008, an 85-year-old investment bank became the very public face of the financial crisis. Only a $29 billion loan guarantee from the Federal Reserve and JP Morgan's buyout kept Bear from actual bankruptcy, but the company was ruined. W...Show More

03/13/2018: What "America First" looks like

26:14 | Mar 13th, 2018

The Trump Administration is reportedly looking to impose tariffs on Chinese goods, adding up to $60 billion in tariffs that would target tech products and telecom companies. That follows the White House's surprise move to block Singapore-based Broadc...Show More

03/12/2018: There aren't a lot of constants left in America right now

25:57 | Mar 12th, 2018

President Donald Trump has complained about unfair trade practices with China since before his campaign even began. But in the escalating war of words around trade, the White House has a new target: The European Union, one of America's most important...Show More

03/09/2018: Why are tariffs going up in a booming job market?

25:43 | Mar 9th, 2018

Here's one way to think about the business and economic news at the end of what feels like a very long week: It literally took something that's never happened before to knock the economy off front pages. But we're going to put it right back on today....Show More

03/08/2018: Suppose they gave a trade war and nobody came?

25:41 | Mar 8th, 2018

... At least not Canada, Mexico or China. The first two countries were exempted from the steel and aluminum tariffs President Donald Trump signed today. Meanwhile, for all Trump's talk about China's unfair practices and a "good" trade war, reaction f...Show More

03/07/2018: Economic policy is hard

25:27 | Mar 7th, 2018

President Donald Trump announced less than a week ago, pretty much out of nowhere, that he was going to impose tariffs on imported steel and aluminum. Trump's fellow Republicans and others have pushed back, but the White House has been steadfast ... ...Show More

03/06/2018: Tariffs have winners and losers

25:28 | Mar 6th, 2018

And today, Gary Cohn is one of the losers. He spent a year and a couple of months as the head of the National Economic Council, a free-trade Democrat in a populist Republican White House. He announced today he's leaving the White House. We'll talk ab...Show More

03/05/2018: Making sense of Trump's new tariffs

25:30 | Mar 5th, 2018

Now what? We're starting today's show trying to figure that out, with several stories on the new steel and aluminium tariffs Trump announced last week, if they'll actually protect American jobs, how other countries might respond and how trade policy ...Show More

03/02/2018: Trade wars are actually not good or easy to win

26:03 | Mar 2nd, 2018

What do you say about a week where the president of the United States, without any indication that the decision had been thought through by policy experts, announces trade tariffs that leave basically every constituent part of the global economy goin...Show More

03/01/2018: Uh, what's going on?

25:29 | Mar 1st, 2018

In retrospect, we should have seen these steel and aluminum tariffs coming. Treasury Secretary Steven Mnuchin mentioned "reciprocal free trade," in our interview earlier this week, and President Donald Trump said something similar today. Tariffs are ...Show More

02/28/2018: How much can the government tell a company what to think?

25:17 | Feb 28th, 2018

There are a whole lot of threads to pull from the national conversation we're having about gun violence. President Donald Trump did one of those televised meetings with congressional leaders at the White House today. Dick's Sporting Goods said it'll ...Show More

02/27/2018: A conversation with Treasury Secretary Steve Mnuchin

25:45 | Feb 27th, 2018

Treasury Secretary Steve Mnuchin faced a boisterous crowd while in conversation with Kai on stage at the Burkle Center for International Relations at UCLA last night. We're bringing you that chat in two parts on today's show, and we cover a lot of gr...Show More

02/26/2018: The post-America economy

25:28 | Feb 26th, 2018

Organized labor was on the docket at the Supreme Court of the United States today in a case called Janus v. AFSCME, the Association of Federal, State, County and Municipal Employees. It's one of the biggest public employees union in the country, and ...Show More

02/23/2018: The NRA's brand trouble

25:37 | Feb 23rd, 2018

The National Rifle Association is losing business ties in the wake of the school shooting in Parkland, Florida, last week. SimpliSafe, Met Life, Enterprise and a handful of other companies have said they're done with the group. It's a powerful brand,...Show More

02/22/2018: Remember when banking was boring?

25:21 | Feb 22nd, 2018

Here we are, 10 years after the American financial system imploded, and something amazing has happened. President Donald Trump came into office saying he would "do a big number" on the "disaster" that was Dodd-Frank, but now his administration is kee...Show More

02/21/2018: "Substantial underlying economic momentum"

25:31 | Feb 21st, 2018

That's the word(s) of the day according to the Federal Reserve, which released the minutes from its last meeting this afternoon. Along with that momentum, the Fed said the initial bump the economy's gonna get from the tax cuts might be bigger than or...Show More

02/20/2018: Gaze into the future with us

25:44 | Feb 20th, 2018

It's not often we take you deep into the underbelly of the American bond market, but today's your lucky day. The federal government kicked off a big couple of days in the Treasury market this morning. It sold almost $180 billion worth of short-term b...Show More

02/19/18: Life after a mass shooting

25:36 | Feb 19th, 2018

A couple of weeks ago on this show, we told you about some of the funding and resources available for mass shooting victims to help with their short-term recovery. Today, we consider what life and work is like five, or even ten years after surviving ...Show More

02/16/2018: This was supposed to be infrastructure week

26:04 | Feb 16th, 2018

Things turned out a little differently though. That's how we'll start today's episode, reflecting on the week in deficits, inflation and immigration. Then we examine the growing trend of online retailers expanding to brick-and-mortar stores. Amazon's...Show More

02/15/2018: There's a lot we don't know about gun violence, and that's intentional

25:45 | Feb 15th, 2018

What's that saying? You can't manage it if you don't measure it? Everybody's got their own answer about how to stop mass shootings, but nobody has substantive data. That's because there's effectively a ban on spending federal money for research on gu...Show More

02/14/2018: The cost of uncertainty at the White House

25:58 | Feb 14th, 2018

We hate days like this, when there's been a shooting in a school or at a concert. There's no economic angle right after a tragedy like this. It's not our story, but we can't ignore it. So we're gonna acknowledge it, trust that you've had your fill of...Show More

02/13/2018: Brace for inflation

26:13 | Feb 13th, 2018

We'll get the latest monthly inflation numbers tomorrow morning, before the bell, and as we saw last week, markets are a little skittish. The thing about the Consumer Price Index is we can measure it pretty well, but predicting it is a lot harder. Th...Show More

02/12/2018: The federal budget doesn't work the way you think it does

25:47 | Feb 12th, 2018

The fiscal year 2019 budget the White House released today isn't what you might call an "operative" piece of fiscal policy. Congress hammered out a two-year spending plan just last week, after all. But the budget is still worth a read for some of the...Show More

02/09/2018: We made it.

25:31 | Feb 9th, 2018

What a week, right? Huge market swings, a correction and, oh yeah, a baby government shutdown. Is this the new normal? That's what we're sorting through in the conversation that kicks off today's show. Now let's be clear: We're in a correction, there...Show More

02/08/2018: It's a correction, folks

25:36 | Feb 8th, 2018

Another down, volatile day on Wall Street. The Dow closed down more than 1,000 points, and major indices are down about 10 percent from a couple weeks ago, putting U.S. markets square in correction territory. That's where we'll start today's show. Th...Show More

02/07/2018: We have a budget deal! (Kind of!)

25:46 | Feb 7th, 2018

As we tape this, one congressional chamber has come to an agreement about how to run the American economy, at least in part. The two-year budget deal would mean we wouldn't have to worry about shutdowns or short-term funding bills until the middle of...Show More

02/06/2018: Let's talk about market volatility

25:49 | Feb 6th, 2018

How are we doing today? Everyone feeling a little better? With clearer eyes and some of yesterday's dive recovered, let's take a closer look at what's going on in the stock market. We'll talk about algorithmic trading, bonds and the international mar...Show More

02/05/2018: Take a deep breath

25:48 | Feb 5th, 2018

It's the Dow's biggest single-day point drop on record. We're starting off today's show with some context: What we know, what we don't and how serious to take it. Then: If you've ever had Wonderful Pistachios, POM pomegranate juice or Halo mandarin o...Show More

02/02/2018: Markets go down, too (and that's OK)

25:52 | Feb 2nd, 2018

You hear us say it all the time: The stock market is not the economy. That's especially true today, as the Dow took a steep dive just after a really great jobs report. We'll talk about it on the Weekly Wrap. Then: We're gonna dig into wages, because ...Show More

02/01/2018: Unintended consequences

26:11 | Feb 1st, 2018

With all the drama in Washington these days, you may have missed another deadline looming soon: the federal debt limit. While the government shutdown a couple of weeks ago was about Congress failing to approve new money to pay for government services...Show More

01/31/2018: Yellen's last ride

25:57 | Jan 31st, 2018

Janet Yellen presided over the Federal Open Market Committee meeting for the last time as chair today. As expected, the committee left interest rates alone for now, but signaled that hikes could come later this year if inflation picks up. That depend...Show More

01/30/2018: Warren Buffett, Jamie Dimon and Jeff Bezos walk into a bar ...

25:55 | Jan 30th, 2018

... and walk out running a health care company. Together they employ about a million people, and it appears health care was driving them nuts. They're starting their own company that will give coverage "free from profit-making incentives and constrai...Show More

01/29/2018: The State of the Economy

25:57 | Jan 29th, 2018

There comes a time in the life of every presidential administration when, economically speaking, they own it. We're not talking here about taking credit for the economy, Trump's been doing that since the early days, but when they've earned it. With P...Show More

01/26/2018: Is net neutrality a state right?

26:06 | Jan 26th, 2018

The stage is getting set for a fight over net neutrality. The Federal Communications Commission rolled back the federal rule last month, clearing the way for internet service providers to throttle or favor content. But states have other ideas. The go...Show More

01/25/2018: The world moves on

25:51 | Jan 25th, 2018

Ahead of his big speech in Davos, Switzerland, tomorrow, President Donald Trump told CNBC that while he prefers bilateral trade deals, he'd be open to a bigger agreement like the Trans-Pacific Partnership if the U.S. gets a "substantially better deal...Show More

01/24/2018: How much a dollar really cost?

25:25 | Jan 24th, 2018

We're gonna spend some time today with the dollar. The greenback. The world's reserve currency. Treasury Secretary Steven Mnuchin said something truly extraordinary today: "Obviously, a weaker dollar is good for us, as it relates to trade and opportu...Show More

01/23/2018: The economic crisis, 10 years later

26:11 | Jan 23rd, 2018

Ten years ago this week, the Fed unexpectedly slashed interest rates at an unscheduled meeting. This was early in the slow-motion collapse of the American economy, and it was in some ways a warning of how bad the recession was gonna get, and a giveaw...Show More

01/22/2018: This is just the way it works now.

26:04 | Jan 22nd, 2018

When all is said and done, this week's government shutdown will have lasted 60 hours, give or take. There's a deal in place that'll get things back to normal by tomorrow morning. But what's "normal" even mean? We might be getting used to government r...Show More

01/19/2018: Shutdown countdown

26:08 | Jan 19th, 2018

As we tape this, the United States government is hours away from grinding to a halt, barring a last-minute deal. The blame game is already starting, and that's where we'll start today's show. Then we'll look at lessons federal workers learned from th...Show More

01/18/2018: This is an idiotic way to run a $19 trillion economy

25:50 | Jan 18th, 2018

Here we are again. No federal budget, no government funding beyond the next day or so. There was a time when this state of affairs was brushed off as congressional legislators simply kicking the can down the road, that they'd come to their senses and...Show More

01/17/2018: What's a "contribution" to the economy look like?

25:58 | Jan 17th, 2018

You can add a certain device maker from Cupertino, California, to the list of companies crediting the new tax law for new strategic business decisions. Apple announced today it would bring profits back from overseas and add a bunch of new jobs in the...Show More

01/16/2018: Is "Catan" the next blockbuster?

25:56 | Jan 16th, 2018

Sony Pictures hopes so. The studio is making a bid for the rights to the bestselling board game. We like Catan because it's all about economics, but is there enough there for the kind of mega-franchise Hollywood demands these days? Plus, we're talkin...Show More

01/15/2018: How health care is changing this year

26:03 | Jan 15th, 2018

Congress may not have completely repealed the Affordable Care Act, but it sure is changing everything about affordable care. First up: CHIP, which covers about nine million children, who are now in danger of losing that coverage. Congress failed to e...Show More

01/12/2018: Here's the thing about this week

26:13 | Jan 12th, 2018

This week could have been an economic messaging home run for the White House and congressional Republicans. The tax law's kicking it, companies are giving bonuses and raises, some raises anyway. But no. We'll talk about it. Then: T. Boone Pickens ann...Show More

01/11/2018: Is the tax plan going according to plan?

26:08 | Jan 11th, 2018

When the world's biggest private employer speaks, people listen, even the White House. Walmart announced this morning it's gonna give some of its hourly workers a one-time bonus of as much as $1,000 and bump starting wages to $11. They also announced...Show More

01/10/2018: What about me??

26:12 | Jan 10th, 2018

You've probably seen a bit of that televised negotiating session congressional leaders had with President Donald Trump yesterday. Immigration was the headline news out of it, but the president floated something else that hasn't gotten as much attenti...Show More

01/09/2018: The bond market's talking, but who's listening?

26:27 | Jan 9th, 2018

We talk about the yield of the 10-year T-note a lot on our show. Maybe you're not quite sure what that means. Maybe your eyes glaze over a little bit. Well, it's time to pay attention. We'll tell you everything you need to know to read the tea leaves...Show More

01/08/2018: The farm economy in the Trump era

26:11 | Jan 8th, 2018

President Donald Trump was in Nashville, Tennessee, today, giving the keynote address at the annual convention of the American Farm Bureau Federation. We're starting today's show with everything you need to know about the ag economy in 2018, and what...Show More

01/05/2018: How the tax bill will affect the world's biggest companies

26:03 | Jan 5th, 2018

During the next few weeks you'll be hearing from from some of the world's largest companies about big, one-time write-downs against their financial results. Think multinationals like Microsoft, Alphabet and Johnson & Johnson. Many are expected to war...Show More

01/04/2018: How big a deal is this chip problem, anyway?

26:19 | Jan 4th, 2018

Spectre? Meltdown? The security flaws found in CPU chips this week sound pretty bad, and it's true that they affect basically all computing we do. We're kicking off today's show with everything you need to know, and how Intel and other tech giants ca...Show More

01/03/2018: How do you prepare for a "bomb cyclone"?

26:21 | Jan 3rd, 2018

As markets hit new records today, the energy industry is preparing to set a new record of its own. The so-called "bomb cyclone" threatening the East Coast with snow and chilly temperatures could push natural gas use to new heights. We'll take a look ...Show More

01/02/2018: Ready for another government shutdown?

25:48 | Jan 2nd, 2018

Congress has to pass legislation to fund the government by Jan. 19 or there will be a partial government shutdown, which some policy analysts see coming. That's because Democrats and Republicans are far apart on issues like immigration, defense spend...Show More

01/01/2018: Accountants didn’t have much of a holiday

26:01 | Jan 1st, 2018

The federal tax overhaul goes into effect today, now the real fun begins for accountants. CPAs and tax lawyers around the nation have spent their holidays parsing the bill to figure out how it could help or hurt their clients. Also of today, 18 state...Show More

12/29/2017: Athleisure vs. the cotton industry

26:16 | Dec 29th, 2017

Spandex, yoga pants, and Lycra aren't just for Pilates classes anymore. They're infiltrating the American wardrobe, and it's plaguing the already beleaguered cotton industry. Plus, there are $2 billion worth of bitcoin transactions every day. Some go...Show More

12/28/2017: A cashless China

26:34 | Dec 28th, 2017

Trillions of dollars in payments each year occur via mobile apps like Alipay in China, where the cashless society of the future is here. You can even pay for your fried chicken with facial recognition technology. We’re eschewing conventional finance ...Show More

12/27/2017: Good time to be a tax lawyer

26:25 | Dec 27th, 2017

But not the easiest time to be a taxpayer. Should you prepay for 2018 to avoid an impending deduction cap? Is it time to incorporate? How can you get the maximum benefit? We ask experts to help navigate these questions. And during his campaign, Presi...Show More

12/26/2017: You gave some nice gifts this year

26:23 | Dec 26th, 2017

This holiday season, many retailers saw 5 percent increases in sales from last year, and higher-end products did well. We speak with Ellen Davis of the National Retail Federation, who chalks it up to economic security, or maybe you're just really nic...Show More

Special report: How one sentence helped set off the opioid crisis

1:05:19 | Dec 26th, 2017

Your regularly scheduled episode of Marketplace is coming later today, but for now we have a special investigation from the team at The Uncertain Hour. When OxyContin went to market in 1996, sales reps from Purdue Pharma hit one point particularly h...Show More

12/25/2017: What incandescent light, an Alaskan wildlife refuge and pennies have in common

0:00 | Dec 25th, 2017

They're considered inefficient, under-utilized and useless, respectively, and all face uncertain futures. Incandescent light bulbs will no longer be available to purchase in California beginning in 2018; instead, Californians will buy compact floresc...Show More

12/22/2017: A Christmas away from home

26:08 | Dec 23rd, 2017

Before Hurricane Maria hit, there was already an exodus underway from Puerto Rico to Florida, but the storm put it on fast forward. Since Maria's devastation, nearly 200,000 people have fled the island for the state. We talk to Puerto Ricans in Flori...Show More

12/21/2017: History repeats itself, and so will the ads

26:06 | Dec 22nd, 2017

The tax debate in Congress may be over for now, but the ad war to win over the public is just beginning. Learning from Democrats’ struggle to shape the narrative for Obamacare, tax ads from both sides of the aisle are being rolled out in anticipation...Show More

Special edition: Congress passed a tax bill. Now what?

50:29 | Dec 21st, 2017

Congress just passed the first major tax  bill since 1986 and did it in record time. It's about to land on President Donald Trump's desk, and it will take effect in a couple weeks. So now what? In this special episode, we talk to business owners, eco...Show More

12/20/17: Sexual harassment outside the spotlight

26:11 | Dec 21st, 2017

In an effort to report on the sexual harassment blue-collar workers, specifically women of color, face in the workplace, Susan Chira of the New York Times wrote about what went on at Ford plants in Chicago, even after the company said it had dealt wi...Show More

12/19/2017: Congress eyes the third rail

0:00 | Dec 19th, 2017

“Third-rail programs,” or those you usually just don’t touch — benefits for low- and middle-income Americans like Medicare, disability benefits and Social Security — will be on the chopping block in 2018. With the tax plan all but passed, Congress wi...Show More

12/18/2017: For every action, there is an equal and opposite reaction

25:45 | Dec 18th, 2017

But instead of physics, we’re talking about tax policy. With the tax bill nearer to reality, states are starting to grapple with the fact that under the new policy, taxpayers won’t be able to deduct as much from their state and local taxes. That mean...Show More

12/15/2017: Dancing like nobody’s watching

25:56 | Dec 16th, 2017

While Republicans in Congress celebrate the final version of the tax bill, we’re asking: How are they going to pay for this thing? The Washington Post’s Catherine Rampell and Rachel Abrams from The New York Times weigh in on that and the week’s econo...Show More

12/14/2017: There goes neutrality

28:23 | Dec 15th, 2017

The Federal Communications Commission rolled back Obama-era regulations today, ruling that internet providers are no longer required to treat all internet content equally. But what will that look like? And the holiday season is officially upon us, so...Show More

12/13/2017: The abuse liability of a drug

25:36 | Dec 13th, 2017

“Delayed absorption as provided by OxyContin tablets, is believed to reduce the abuse liability of a drug.” That’s a sentence from OxyContin’s original label, and after months of investigation, Marketplace podcast The Uncertain Hour has found it an i...Show More

12/12/2017: Would you give CVS access to your medical records?

25:56 | Dec 12th, 2017

In the aftermath of CVS’ $69 billion deal to buy health insurance giant Aetna, the company wants to turn its MinuteClinics into health care hubs where people can get even more of their basic needs met. But what would it take for this to happen? And s...Show More

12/07/2017: Why the pass-through should be your tax plan problematic fave

26:17 | Dec 7th, 2017

In a matter of weeks, the GOP tax plan will be in effect and riddled with unintended consequences due to the haste of passing it, says Tax Analysts chief economist Martin Sullivan. His favorite unintended consequence? Benefits for pass-through compan...Show More

12/06/2017: Will your industry be a casualty or success story?

25:52 | Dec 6th, 2017

The GOP tax bills in the House and Senate have been portrayed as legislation intended to create a windfall for big business. But the bills have winners and losers by industry sector. We take a look at what industries come out ahead, and we give you c...Show More

12/05/2017: Lost Einsteins and lost tax revenue

26:01 | Dec 5th, 2017

Those are two completely different subjects, one having to do with a very long-term American problem: the dearth of innovation, which could be remedied if more low-income people of color and women were encouraged as children to innovate, according to...Show More

12/04/2017: What's another $1 trillion?

26:20 | Dec 4th, 2017

We get down to the differences between the Senate and House versions of the tax bill, and debt created is one of those differences. Also included is the number of tax brackets, the alternative minimum tax and the amount of the child tax credit. Plus,...Show More

12/01/2017: What happens when you pump gas into a healthy economy?

26:03 | Dec 1st, 2017

You risk overheating it. If these cuts pass, and if they do, in fact, stimulate the already-growing economy, the Fed would inevitably have to pump the brakes and raise interest rates. We get into that scenario and hear listeners' ideas about what Ame...Show More

11/30/2017: Sometimes, tax bills don't do what you want them to do

25:45 | Nov 30th, 2017

Republicans calling for lower corporate tax rates often say that the cash corporations save will stimulate growth, but the truth is, they may already have the cash on hand to do that.  And then there's the cautionary tale of what happened in Kansas, ...Show More

11/29/2017: Tax reform has think tanks wiling out

26:06 | Nov 30th, 2017

It’s a big moment for the tax world in Washington, and it’s even kind of ... glamorous. Nancy Marshall-Genzer reports from the extravagant centerpiece of a spate of wildly popular events where tax elites can mix, talk big tax thoughts and eat Chick F...Show More

11/28/2017: Break glass in case of low growth

25:46 | Nov 28th, 2017

That’s one way to sum up the “tax trigger,” which allowed the GOP tax bill to clear the Senate budget committee today. The last-minute addition appeased deficit hawks seeking a safety net in case the economic growth triggered by the bill doesn’t quit...Show More

11/27/2017: Trumping consumer protection

0:00 | Nov 27th, 2017

Mick Mulvaney, appointed leader of the the Consumer Financial Protection Bureau by the president, says you're naive if you thought the government agency would stay the same under the Trump administration. But many are worried that Mulvaney will hollo...Show More

11/24/2017: Let's do the numbers on Black Friday

25:43 | Nov 24th, 2017

We've got a whole bunch of stories about America's biggest shopping holiday: From communities recovering after a long storm season, to shoppers in Korea trying to get in on the action. Then we talk with PayPal President Dan Schulman to get his perspe...Show More

11/23/2017: Would you rather deal with Santa traffic or online traffic?

25:38 | Nov 23rd, 2017

It is now officially holiday shopping season. According to a recent survey, 91 percent of people who said they'd be shopping this holiday weekend are going to do at least some of it online. However, shopping online doesn't mean you can skip all the c...Show More

11/22/2017: Regulations. Can't live with 'em, can't run an economy without 'em.

25:36 | Nov 22nd, 2017

You might have to eat a few veggies before feasting on carbs and butter and sweets, but we're going to try and serve up a good show for you. We promise. In this case, the vegetables are federal regulations, which might seem super boring but actually ...Show More

11/21/2017: It's an odd moment to talk about net neutrality

25:25 | Nov 21st, 2017

Federal Communications Commission Chairman Ajit Pai said today he's going to ask the commission, which is split along party lines in favor the GOP, to get rid of Obama-era rules around net neutrality and adopt a more free-market approach. The move co...Show More

11/20/2017: You can't spell antitrust without AT&T

25:40 | Nov 20th, 2017

You might have seen it coming. President Donald Trump decided not to reappoint Janet Yellen to a second term chairing the Federal Reserve, and today Yellen announced she's leaving the Fed completely once her successor is confirmed. The way terms of t...Show More

11/17/2017: Taxes, trade deficits and peanut butter

0:00 | Nov 17th, 2017

On today's Weekly Wrap, we're consumed by tax reform and discuss voodoo economics, which is a euphemism for trickle-down economics coined by a Republican. Then it's on to President Trump's goal to reduce the U.S. trade deficit and whether or not the ...Show More

11/16/2017: How's the chicken business though?

25:40 | Nov 16th, 2017

We step away from the Hill to talk to someone who will be affected by the tax bill: a poultry company CEO (and former economist) in Rogers, Arkansas, for whom tax cuts could allow a business expansion a year or so earlier than would be possible at th...Show More

11/15/2017: Who wins the tax bill? People or companies

25:36 | Nov 15th, 2017

Last night Senate Republicans made some major changes to their mammoth tax bill, including some improvements for the middle class. But these credits and lower rates are temporary — they would sunset beginning in 2025, and tax cuts for corporations wo...Show More

11/14/2017: Forget it Jake, it’s Washington

25:50 | Nov 15th, 2017

It’s a tax bill! It’s a healthcare bill! It’s a tax bill! It’s a healthcare bill? Just when we were beginning to fully grasp the Senate’s tax bill, Republicans throw in a repeal of the individual health care mandate. And, trade deficits: the presiden...Show More

11/13/2017: Your next favorite brunch spot could be ... your bank

25:45 | Nov 14th, 2017

With the rise of online banking, branches are looking for innovative ways to attract people. One bank in Berlin added a cafe and co-working space, as well as a kids’ corner and a space for gallery exhibitions. Plus, travel insurance is on the rise. A...Show More

11/10/2017: Trade deals, taxes and trafficking

25:23 | Nov 10th, 2017

Tax overhaul took over most of our coverage this week, so we end today with a check-in on the state of tax bills in the Senate and the House. And President Donald Trump's speech in Vietnam today asserted that the U.S. won't enter multilateral trade d...Show More

11/09/2017: "That's the end of research in the United States"

25:38 | Nov 9th, 2017

That's what policy analyst Barmak Nassirian said when he saw the tax bill. He was thinking of the graduate students who work as research assistants and take advantage of certain tax breaks to offset the cost of their education, which is one of the de...Show More

11/08/2017: The water in the tub is the national debt

25:47 | Nov 8th, 2017

And the water flowing into the tub is from deficits. Deficits like the $1.7 trillion in 10 years that the new tax bill is expected to add, according to the Congressional Budget Office. How long until the tub overflows? We explore that metaphor and ot...Show More

11/07/2017: Here we go again with trickle-down economics

25:46 | Nov 7th, 2017

The theory of trickle-down economics has been used to sell tax cuts for the wealthy in the past. But does it really hold water? And rates of homeownership have been increasing despite rising prices in the real estate market. We look into where this s...Show More

Bonus: The Uncertain Hour season 2 premiere

33:26 | Nov 7th, 2017

Your regularly scheduled episode of Marketplace is landing in your feed later today, but for now we have something special. The Uncertain Hour is back for a brand-new season, and this year we're unpacking a ten-letter word that influences our live...Show More

11/06/2017: Tax avoidance is OK, evasion is not

25:53 | Nov 6th, 2017

Tax havens aren't all white sand and palm trees — Montana and Wyoming offer the same kind of anonymity for shell companies. And there are important distinctions between illegal  activity and tax avoidance. Speaking of taxes, we dig a little deeper in...Show More

11/03/2017: Are tax bill critics swamp creatures or legitimate interest groups?

25:33 | Nov 3rd, 2017

Kai gets into a weedy economic conversation about the tax bill with Kevin Hassett, chairman of the White House Council of Economic Advisers. There’s still a lot to unpack about the bill, which we also discuss with Sudeep Reddy of Politico and the Los...Show More

11/02/2017: The tax medium is the political message

0:00 | Nov 2nd, 2017

It’s tax day. Well, not that tax day. But the Republicans’ tax plan is finally here and we’re doing a full analysis. Here are a few highlights: fewer brackets, a new family credit, goodbye to most exemptions, and lower corporate rates. We talked to p...Show More

11/01/2017: No tax cut in history has ever paid for itself

25:33 | Nov 1st, 2017

That's what Bruce Bartlett, former adviser to Ronald Reagan and treasury official under George H.W. Bush, tells us on today's show. He also debunks the Republican tax myth, which is the insistence that Reagan's 1981 tax cuts for the rich gave way to ...Show More

10/31/2017: Is the estate tax saving America from aristocracy?

25:42 | Oct 31st, 2017

The tax prevents individuals worth $5.5 million or more from passing on their estate untaxed, and Republicans have sworn it will be the first thing to go when tax reform comes. Plus, the story behind the lethal toxin that became Botox, and the compan...Show More

10/27/2017: Politicians love to hate regulations

25:44 | Oct 27th, 2017

But how did they actually come about — and why? We play a segment from the new season of Marketplace's The Uncertain Hour, a documentary podcast exploring the origin of regulations in America, starting with the story of one fervent homemaker, Ruth De...Show More

10/26/2017: So it's an emergency. Now what?

25:27 | Oct 26th, 2017

President Donald Trump announced a 90-day public health emergency to deal with the opioid crisis, but didn’t allot any new funds, so many are wondering if this will even scratch the surface of the problem. Deregulation is a hot topic among Republican...Show More

10/25/2017: Hey, how much are you making?

26:02 | Oct 25th, 2017

That question is illegal in some places, as a new wave of laws in cities and states prohibit employers from asking for a job candidate's salary history in the hiring process. And the Senate struck down a rule that made it easier for consumers to sue ...Show More

10/24/2017: The Uber of office space

25:35 | Oct 24th, 2017

Out with the old and in with the new: New York's iconic Lord & Taylor building will become the headquarters of WeWork, a co-working startup that transformed the office leasing business to become the largest leaser of new office space. They're on the ...Show More

10/23/2017: Harassers' perfectly legal hiding spot

0:00 | Oct 23rd, 2017

We explore how nondisclosure and nondisparagement agreements isolate victims and protect the reputations of alleged harassers and their companies. Plus, updates on Congress' frantic race toward tax reform, why corn is still king (hint: ethanol lobbyi...Show More

10/20/2017: Macroeconomics' big mystery

25:39 | Oct 20th, 2017

Seeking answers on why inflation won't do what everyone expects it to, Kai Ryssdal interviews a former Fed governor. In the world of health care, we investigate why rates of uninsured Americans are up for the first time since 2014 and what type of em...Show More

10/19/2017: Tax reform's brain drain

25:18 | Oct 19th, 2017

Kai Ryssdal promised we weren't going to talk about tax reform today, but it kept coming up: Rep. Pat Tiberi's resignation from Congress signals a brain drain of tax code experts in the Ways and Means Committee, which could make tax reform a lot mess...Show More

10/18/2017: Will Trump break tradition with Fed chair choice?

0:00 | Oct 18th, 2017

While that sounds like an opportunity he wouldn't pass up, President Donald Trump is reportedly considering five economists for Fed chair, including current Chair Janet Yellen. Politico's Ben White takes us through the list of potential candidates, w...Show More

10/17/2017: China's done doing our recycling

25:46 | Oct 17th, 2017

At America's largest ports in Los Angeles and Long Beach, bales of plastic and paper are piling up. Once upon a time, they would have been packed and shipped to Asia, where they'd be turned into consumer goods and shipped back. But China has plenty o...Show More

10/16/17: What if only the rich got tax breaks on charitable donations?

0:00 | Oct 16th, 2017

Many nonprofits are shaking in their boots at the prospect of a GOP tax plan that would decrease incentives for giving, especially for individuals in lower tax brackets. And as the smoke begins to clear from massive wildfires in Northern California (...Show More

10/13/17: Time is running out for Congress

25:35 | Oct 13th, 2017

We wrap up the news week wondering: Will Congress be able to pass any big legislation in 2017? What will happen to low-income people seeking health care once government subsidies disappear? Will President Donald Trump and European leaders decide to i...Show More

10/12/17: If you can't repeal it ...

25:24 | Oct 12th, 2017

President Donald Trump signed an executive order today that will eventually allow Americans to buy health insurance with lower premiums. While younger, healthier people may be able to take advantage of these plans, they may exclude some sick people w...Show More

10/11/2017: The truth about taxes

25:28 | Oct 11th, 2017

The White House made a few statements recently regarding tax cuts and tax rates that could really use some fact-checking. And that's what Marketplace is here for. President Donald Trump tweeted that the massive tax cuts he'd like to see from Congress...Show More

10/10/2017: The sock industry is "wildly misunderstood"

25:42 | Oct 10th, 2017

The venture capitalists who just gave $110 million to a sock company said that. And that's today's good news. Nearly everything else revolves around two men at the helm of their respective organizations who are losing popularity this week: Harvey Wei...Show More

10/09/2017: This week in policy reform, "synthetic repeal"

0:00 | Oct 9th, 2017

There’s a lot of policy reform underway at the White House this week. President Donald Trump is gearing up to sign an executive order to undermine Obamacare, and people are calling it a “synthetic repeal.” He’s also worked out a deal with Democratic ...Show More

10/06/2017: How do we count jobs numbers?

25:32 | Oct 6th, 2017

It's jobs day. The numbers weren't great, in part because of the hurricanes that hit Florida and the Gulf Coast, but also because of the way jobs numbers are crunched each month. We'll explain. Then: Amazon is testing a new service in its quest to (v...Show More

10/05/2017: The economy according to Donald Trump

25:16 | Oct 5th, 2017

President Donald Trump gave his assessment of the American economy this morning on Twitter: "Stock Market hits an ALL-TIME high! Unemployment lowest in 16 years! Business and manufacturing enthusiasm at highest level in decades!" A couple things abou...Show More

10/04/2017: How to harden America's soft targets

25:19 | Oct 4th, 2017

After a tragedy, like the one in Las Vegas Sunday, we're left with many questions. Here's just one: If you run a hotel, or a festival, or anyplace where a lot of people gather, what do you do now to keep them safe? Security at big events and heavy tr...Show More

10/03/2017: What's really throwing the budget out of whack?

25:20 | Oct 3rd, 2017

Two weeks after Hurricane Maria tore though Puerto Rico, and residents are struggling to get basic supplies and power. President Donald Trump made his first trip to survey the damage today and do a little back patting for the federal response. He als...Show More

10/02/2017: How is this economy doing, really?

25:29 | Oct 2nd, 2017

As the police and FBI in Las Vegas try to figure out the "whys" of last night — not that there can really ever be an answer to that question — we're going to stay in our lane today and just note that President Trump will make a trip to the city Wedne...Show More

09/29/2017: A "giant, beautiful, massive" tax cut

25:23 | Sep 29th, 2017

Lobbying is the word of the day as we look toward the rest of Congress' year. Tax policy might be the only issue that affects more Americans than health care, and if you thought the fight over Obamacare was intense, you ain't seen nothing yet. Then, ...Show More

09/28/2017: Here come the talking points

25:16 | Sep 28th, 2017

As tax week marches on, ranking Republicans in Congress and the White House are busy talking up their reform proposal. We'll do some fact-checking around who wins and who loses, then tackle all the potential changes to the corporate tax code. After t...Show More

09/27/2017: What we talk about when we talk about taxes

25:30 | Sep 27th, 2017

Congressional Republicans and the White House took the wraps off their plans for the tax code today. It's still pretty broad, but we'll start the show by working though some of the details we got today: doubling the standard deduction, how companies ...Show More

09/26/2017: How to get aid to an island

25:38 | Sep 26th, 2017

Hurricane Maria left 3.5 million Americans scrounging to find food, water and electrical power. President Donald Trump announced today he'll be heading to Puerto Rico to assess the damage and check on aid efforts. "It’s the most difficult job," he sa...Show More

09/25/2017: Did you know it's tax reform week?

25:32 | Sep 25th, 2017

Congressional Republicans and the White House have promised they'll start filling in the blanks on their proposals to overhaul the tax code Wednesday, though you'd be forgiven if it escaped your notice. Anyway, the early glimpses we've gotten of the ...Show More

09/07/2017: A different kind of chaos in Washington

25:20 | Sep 7th, 2017

You could look at the deal President Donald Trump made with leading congressional Democrats yesterday as a sort of butterfly effect situation — a seemingly trivial act that massively alters the country's future. As we broadcast today, a bill just pas...Show More

09/06/2017: How low can Trump's tax cuts go?

25:28 | Sep 6th, 2017

President Trump made a big tax speech in North Dakota today. A key feature in his plan: Cutting the corporate tax rate, which currently sits at 35 percent. It's not clear how much Trump will be able to cut, however: Every percentage point cut in the ...Show More

09/05/2017: Dreamers aren't taking jobs

25:30 | Sep 5th, 2017

Attorney General Jeff Sessions announced President Donald Trump's decision today to end the Deferred Action for Childhood Arrivals program, an Obama-era rule protecting undocumented immigrants brought to the U.S. as children. Sessions argued, without...Show More

09/04/17: The latest fight for worker's rights

25:34 | Sep 4th, 2017

North Korea has ratcheted up tensions again by testing what it called a hydrogen bomb on Sunday. Treasury Secretary Steve Mnuchin said he's working on plans to further sanction the country and, potentially, one of the United States' biggest trade par...Show More

09/01/2017: The economics of price gouging

25:16 | Sep 1st, 2017

The free market is cold blooded. Under normal circumstances, prices will balance out for supply and demand. Consumers adjust and the economy goes on its way. But what's going on in Houston is not normal, and price gouging is rampant. Economists will ...Show More

08/31/2017: Power's out

25:21 | Aug 31st, 2017

A refrigerated storage container at the Arkema chemical plant in Crosby, Texas, exploded this morning. Well, the sheriff calls it a chemical reaction indirectly caused by flooding, which killed the power and backup power that was keeping the containe...Show More

08/30/2017: The White House doesn't have a tax plan

25:37 | Aug 30th, 2017

President Trump laid out his tax plan during a speech in Springfield, Missouri, today. Except, well, the White House has more of a sheet of bullet points than a plan. There are no details, although the president laid out four principles of tax reform...Show More

08/29/2017: After the storm clears

25:29 | Aug 29th, 2017

It's still raining in Houston and all along the Gulf Coast. We don't quite know what it's going to look like when the water recedes, so we called Craig Fugate. He ran FEMA under President Obama and talked to us about what happens next and how displac...Show More

08/28/2017: Why Houston floods

25:41 | Aug 28th, 2017

The thing about Hurricane Harvey is that other than there's gonna be more rain in and around Houston, there's a whole lot we don't know. We'll start with oil. Some of the biggest oil refineries in the country, not to mention the Port of Houston, are ...Show More

08/25/2017: Five weeks to shutdown

25:45 | Aug 25th, 2017

Remember when the news slowed down? Us too. The government has just five weeks to raise the debt limit and pass a budget, avoiding a government shutdown and potential global financial crisis. Trump and congressional leaders have few months more than ...Show More

08/24/2017: How tariffs helped along the Great Depression

25:28 | Aug 24th, 2017

The four-letter word of global trade (so to speak) is "tariff." There are times when tariffs seem like they'd be a good thing, usually when people with power feel like the economy's not working for them. But if you bring up tariffs in polite conversa...Show More

08/23/2017: The economics of Trump's rally rant

25:41 | Aug 23rd, 2017

President Trump has given three speeches in as many days this week: About Afghanistan on Monday, to the American Legion today, with a Phoenix campaign rally in between. That one was the most free-form, the most off-script and the most economic, so we...Show More

08/22/2017: "I woke up this morning in a bad mood and decided to kick them off the Internet."

25:38 | Aug 22nd, 2017

The CEO of an important but semiobscure technology company sent an all-staff email last week. Before Charlottesville, that wouldn't be news, but this note was a little different: "I woke up this morning in a bad mood and decided to kick them off the ...Show More

08/21/2017: Two very different kinds of war

25:43 | Aug 21st, 2017

You can look at the costs of increasing the number of American troops in Afghanistan in a couple of ways, right? There are lives, of course, the most basic measure. The easiest way is probably in dollars and cents, billions of them. Trump makes his f...Show More

08/18/2017: Life in a "New Deal Utopia."

25:51 | Aug 18th, 2017

Steve Bannon has joined the list of recent White House departures, and with that, the prospect of a trade war with China got a little less likely. And that's good, because in spite of all the real economic competition between the world's two largest ...Show More

08/17/2017: America needs more than jobs to fix race relations

25:37 | Aug 17th, 2017

If you've been paying attention to some of President Trump's recent public remarks, you might've noticed something (besides all that). He often leads with the economy, the stock market or his economic agenda and how great it's gonna be. In his extrao...Show More

08/16/2017: The day corporate America broke up with Trump

25:42 | Aug 16th, 2017

CEOs of some of the biggest companies in America have been saying for the past two days they simply had to stay on two White House councils. But after Trump's comments yesterday, more and more of them changed their minds and said a seat at the table ...Show More

08/15/2017: Why would CEOs stick with Trump?

25:39 | Aug 15th, 2017

An infrastructure announcement turned into an off-the-rails press conference this afternoon as President Trump blasted the four (now five) CEOs who have left his manufacturing council. We'll correct the record on some of his criticisms and then zoom ...Show More

08/14/2017: When Trump does something — or doesn't — what's a CEO to do?

25:37 | Aug 14th, 2017

Seeing how we've started this program more than once with a tweet from the chief executive, we'll start today with a tweet from a chief executive. Pharmaceutical CEO Kenneth Frazier was a member of President Trump's Manufacturing Council until this m...Show More

08/11/2017: America the protectionist

25:52 | Aug 11th, 2017

Donald Trump won the presidency in part on the idea that the United States isn't getting its fair share of the global economic pie. The slogan "America First" more or less boils down to protectionism. Now, the Trumpian approach to global trade might ...Show More

08/10/2017: Markets go down. Go figure.

25:44 | Aug 10th, 2017

All three major stock indices fell today, and not a little bit either. And guess what: That's what's supposed to happen. We'll talk about it when we do the numbers. Then: The White House touted a huge deal between Wisconsin an Foxconn: 13,000 jobs in...Show More

08/09/2017: Stop worrying and love the bond market

25:43 | Aug 9th, 2017

The headlines about fire and fury and escalation and threats and all that has happened the past 24 hours are alarming. No doubt about it. Without discounting the reality of what's going on, allow us to cut through the fear a little bit. Nothing in th...Show More

08/08/2017: Let's do the numbers on a few crises

25:47 | Aug 8th, 2017

We're starting the show tonight by doing the numbers of two crises facing the U.S. — and neither of them have to do with North Korea. First, we'll talk about the challenges of getting money to fight the opioid crisis, then why fighting climate change...Show More

08/04/2017: Talking trash

25:46 | Aug 4th, 2017

Today's jobs report was good, really good. But as with almost all things economic, it wasn't all sunshine. We'll talk about why, and recap the rest of the week's news. Then: Toyota and Mazda said today they're going to build a $1.6 billion plant in t...Show More

08/03/2017: When an immigration raid sets off economic crisis

25:43 | Aug 3rd, 2017

President Trump has thrown his weight behind a bill that would fundamentally change American immigration policy. It would make immigration skills-based and cut in half the number of people legally allowed to come here. Put another way, it's a bill th...Show More

08/02/2017: The Dow is not the economy

25:47 | Aug 2nd, 2017

... And the economy isn't the Dow Jones Industrial Average. It's worth repeating today, when the Dow closed above 22,000 and President Trump is touting the record as a big economic win. We'll just note that stocks aren't even the right market to be w...Show More

08/01/2017: A lot happened while you were busy watching Washington

25:46 | Aug 1st, 2017

The Trump administration has been pretty distracting. White House comings and goings, tweets, health care, all of it. So today we're bringing you a few stories you might have missed recently. To start, we'll talk car sales, which are tanking, and the...Show More

07/19/2017: Remember when we said the plan to repeal Obamacare was over? Yeah, no.

25:35 | Jul 19th, 2017

The Republican effort to get rid of Obamacare and maybe, sometime, replace it is alive again. Or is it? The Congressional Budget Office released a new score this afternoon on GOP efforts to repeal and delay replacement. The bottom line: 32 million mo...Show More

07/18/2017: No repeal, no replacement

25:37 | Jul 18th, 2017

After years of trying, the Republican-controlled Congress won't be replacing Obamacare or even repealing it with a replacement TBD. President Trump's new plan, he said today, is "just let Obamacare fail." Leaving aside that's quite a thing to say abo...Show More

07/17/2017: Is it back-to-school season already?

25:40 | Jul 17th, 2017

The White House's "Made In America Week" started with a lot of trade news. Trade reps from China and the U.S. will meet Wednesday, and this afternoon we got the administration's objectives for renegotiating NAFTA. We'll talk about both. Then: Back-to...Show More

07/14/2017: Sometimes napping on the job is OK

25:16 | Jul 14th, 2017

The Senate has a pretty full plate between now and its delayed August recess, but two Republican senators are adding an immigration bill to the list. They're reportedly working with the White House on legislation that would cut legal immigration in h...Show More

07/13/2017: It's the MAGAnomy, stupid

25:30 | Jul 13th, 2017

President Trump's budget director Mick Mulvaney took to the Wall Street Journal's op-ed page today to make the case for "MAGAnomics." There's a lot to unpack. We'll take it line by line, starting with the White House's promise of 3 percent growth. Th...Show More

07/12/2017: Here's what Janet Yellen's thinking

25:27 | Jul 12th, 2017

The Humphrey Hawkins Act of 1978 codified two fundamental parts of the Federal Reserve. First, the dual mandate of full employment and steady inflation. Second, that twice a year the Fed chair would schlep up to Capitol Hill and tell Congress what's ...Show More

07/11/2017: The *other* news out of the White House

25:42 | Jul 11th, 2017

We told you yesterday about Congress' long to-do list, and today Senate Majority Leader Mitch McConnell delayed the August recess to address it. But over on the other end of Pennsylvania Avenue, there's a lot going on. President Trump sent Congress h...Show More