Marketplace

Weekdays 6pm-6:30pm
  • Hosted by Kai Ryssdal

A daily program about business and finance, it's a fresh way of reporting business & finance subjects to the general listener. Putting a human face on the global economy, the program illuminates the ways that international business and finance relate to listeners' daily lives.

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Marketplace for Wednesday, July 1, 2015

3 hours ago

Airing on Wednesday, July 1, 2015: Puerto Rico is in dire financial straits.  So what, you might shrug. Well, if any of your money is invested in a municipal bond fund, you might own Puerto Rican bonds and they could take a hit. Marketplace's Adam Allington finds out who’s vulnerable. Next: Speaking today in Tennessee, President Obama will try to court conservative states to expand Medicaid under Obamacare. We unpack his sales pitch on using federal dollars to help states’ bottom lines.

PODCAST: The strong dollar

13 hours ago
David Brancaccio

With emergency funding drying up, the Greek government sends a letter to creditors saying it might accept terms of a bailout. More on that. We'll also talk to Allan Sloan of the Washington Post about how the strong dollar is ironically helping U.S. businesses.

Airing on Wednesday, July 1, 2015: Greece's prime minister has reportedly sent a letter to the European Commission agreeing to most of Europe's conditions for a financial bailout. We'll talk to Elena Panaritis, chief economic adviser to the Greek Ministry of Finance, for more. Plus, starting Wednesday, career and vocational programs are facing tougher regulations that have been years in the making. The new so-called “gainful employment” rule is meant to crack down on programs that load students up with debt for courses that don’t lead to decent jobs.

Amy Scott

Starting Wednesday, career and vocational programs are facing tougher regulations that have been years in the making. The new so-called “gainful employment” rule is meant to crack down on programs that load students up with debt for courses that don’t lead to decent jobs. The rules especially target for-profit colleges, which often make close to 90 percent of their revenue from taxpayer dollars.

Puerto Rico's exodus: vicious cycles and silver linings

14 hours ago
Sabri Ben-Achour

As Puerto Rico slides deeper into financial distress, flirting with default on July payments on its $72 billion debt, Puerto Ricans are leaving the island. They have been for a decade, in the largest outmigration since the sixties. 

“There’s so much uncertainty about what’s going to happen in Puerto Rico, it’s kind of crazy,” says Carlos Aponte, a 29-year-old native of San Juan who moved to New York last year so that his wife could pursue her medical residency.

The job opportunities here are a world away from on the island.   

The secret work life of bees

Jun 30, 2015
Kai Ryssdal and Mukta Mohan

The USDA estimates that honey bees are worth $15 billion a year in agricultural value. The bee is responsible for as much as one in every three mouthfuls of food that we eat.

Marketplace for Tuesday, June 30, 2015

Jun 30, 2015

Airing on Tuesday, June 30, 2015: Puerto Rico is in dire financial straits, with its governor saying it cannot pay its $72 billion in debt. He wants to defer payments and negotiate with creditors. We look at what Puerto Rico's options. Next: President Obama announced Tuesday that he will update labor rules to allow workers extra pay for work beyond 40 hours.

The Greek debt crisis by the numbers

Jun 30, 2015
Marketplace staff

The need-to-know numbers about the Greek debt crisis, explained by Paddy Hirsch.

Produced by Preditorial | www.preditorial.tv

Writer and Host: Paddy Hirsch

Director and Edtor: Rick Kent

Director of Photography: Anton Seim

Producer: Mimi Kent

PODCAST: Greek credit cards

Jun 30, 2015
David Brancaccio

Greece and the faulty assumption that everyone has access to a credit card. We'll check in on how Greek citizens are handling the banks being shutdown there. Plus, the Export-Import Bank’s charter expires at midnight Wednesday: we look at how this leaves it in an awkward state of limbo. And Apple's new music streaming service launches today. We'll talk about what to expect.

Airing on Tuesday, June 30, 2015: Banks are rationing cash, European creditors are closing in — Sounds like the current situation in Greece. But that was Cyprus, two years ago. What was learned and will Greece heed any of those lessons? Plus, President Barack Obama is moving to make millions more Americans eligible for overtime pay. More on that. And in Nairobi, Kenya, an upscale mall attacked by terrorists is preparing to reopen. Kenyan officials plan to reopen part of the mall on Wednesday, but as we find out, not everyone is happy about it. 

Conversations about mobility, live from Aspen

Jun 29, 2015
Marketplace staff

Monday's Marketplace was broadcast live from the Belly Up in Aspen, Colorado, and the Aspen Ideas Festival. We took a break from the usual Marketplace format for a series of conversations all around one theme: mobility and the economy.

Economic mobility (or lack thereof) in Greece (starts at 01:10)

First things first: we had to talk about Greece. The European Central Bank froze funding to Greek banks. As the latest deadline for the country looms over its creditors and citizens, tensions are understandably high.

SCOTUS rules against EPA regulations

Jun 29, 2015
Alberta Cross, Adrienne Hill and Scott Tong

The Supreme Court handed President Barack Obama two victories last week: the Affordable Care Act will keep its subsidies and same-sex marriage became legal in all 50 states. But in a 5-4 decision on Monday, the Supreme Court decided against the Environmental Prote

Marketplace for Monday, June 29, 2015

Jun 29, 2015

Airing on Monday, June 29, 2015: Marketplace's Kai Ryssdal is bringing the news to you from the Aspen Ideas Festival. First: Kai talks to David Leonhardt of the New York Times about the breaking news of the day and what it has to do with mobility. Plus: mountaineer Chris Davenport and Ted Sarandos, Netflix chief content officer, talk to Kai about the mobility of content and competition.

Europeans take refuge in gold

Jun 29, 2015
Kai Ryssdal

Let's circle back to the lack of mobility Greeks and their money are dealing with right now.

Bloomberg News is reporting that Europeans have been buying gold — traditionally the safest of safe havens — at quite a clip this month.

The U.K. Royal Mint says sales of gold coins to Greeks was "double the five-month average in June." 

Puerto Rico faces debt deadline

Jun 29, 2015
Sabri Ben-Achour

Puerto Rico is staring down a deadline on July 1st when some of its $72.3 billion in public debt will come due. There’s the $630 million payment on general obligation bonds, and the Puerto Rico Electric Power Authority owes money on its $9 billion debt.  

Afghanistan increases opium production

Jun 29, 2015
Nova Safo

The United Nations Office of Drugs and Crime says in a new report that global opium production has reached record levels not seen since the 1930s, mainly due to increased cultivation in Afghanistan.

Thomas Pietschmann, co-author of the U.N. report, says it is meant as a warning that the world is sitting on vast amounts of opium, not all of which has reached drug users.

Jeff Tyler

As the number of people living on the streets has risen and homeless encampments have spread across Southern California, the Los Angeles City Council has worked to speed the process by which officials can collect homeless people’s possessions from sidewalks and parks.

The council approved a measure on Tuesday that would reduce the warning time the homeless are given when confiscating certain items from 72 hours to 24. 

Marketplace for Friday, June 26, 2015

Jun 26, 2015

Airing on Friday, June 26, 2015: The Supreme Court’s 5-4 ruling expanding marriage rights to same-sex couples changes the financial landscape for gays and lesbians in the U.S. We tally the implications when it comes to taxes, federal benefits, job mobility and so on. Next: This could be another record breaking weekend at the box office, with three huge movies primed to haul in millions. Hollywood is having quite the summer and it has barely started. But can it last? Marketplace explores. 

What will happen to state-run insurance exchanges?

Jun 26, 2015
Adam Allington

The Supreme Court upheld a key part of the Affordable Care Act on Thursday, enabling health insurance subsidies to all qualifying Americans.

The ruling firmly establishes the legality of Obamacare, but quite a few states had already moved forward in creating their own insurance exchanges.

The states that set up their own exchanges — mostly Democratic ones — were really trying to get out ahead and help support Obamacare, says Larry Levitt, a senior vice president at the Kaiser Family Foundation.

PODCAST: Who's to blame for the situation in Greece?

Jun 26, 2015
David Brancaccio

The Chinese stock market falls, but this time, official media are silent there. The key index in Shanghai fell about 8 percent today. More on that. Plus, all this week we've been speaking with ordinary Greeks to find out the impact of the crisis on their lives. Today, we talk to Nick Voglis, owner of a small gourmet sandwich bar in Athens. The sandwiches are delicious, but his fellow Greeks may find his opinions unpalatable: he blames Greece for the crisis. And John Kerry off to Vienna for concluding Iran talks we look at what economic levers the U.S.

Airing on Friday, June 26, 2015: First up, we'll talk about how health care marketplaces may adapt after the Supreme Court's decision on the Affordable Care Act. Next, we'll talk about Nissan buying the naming rights to the Tennessee Titan’s stadium. So what's in a stadium name? Turns out, millions of dollars. We also talk to Ariella Cohen of Next City about her outfit’s assertion that Rust Belt cities like Pittsburgh and Cleveland should focus on their manufacturing roots when it comes to startup funding and innovation. 

 

What's in a stadium name? Millions.

Jun 26, 2015
Annie Baxter

There's been a flurry of stadium naming rights deals in the past week. Nissan announced on Thursday its name will crown the Tennessee Titans' football stadium. Last week, U.S. Bank said a new Minnesota Vikings stadium will bear its name.

Terms of the agreements were not disclosed. The U.S. Bank deal reportedly will cost $10 million a year over a 20-year term.

Corporations spend millions of dollars a year for stadium naming rights for NFL teams, even poor performers. The Tennessee Titans lost 10 games in a row last season.

The tool kit for negotiating with Iran

Jun 26, 2015
Nancy Marshall-Genzer

Secretary of State John Kerry is headed to Vienna for more nuclear negotiations with Iran. The deadline for a deal is June 30. 

Kerry has lots of tools at his disposal as he works with U.S. allies to convince Iran to curb its nuclear program. The sharpest tool is sanctions, which have taken a huge bite out of Iran’s oil exports. Iran still exports some oil to a handful of countries, but oil payments can’t go through Western banks. 

Federal plan to rate colleges fizzles

Jun 25, 2015
Amy Scott

After a long wait and an earful from critics, the Obama Administration has scaled back its plans to rate colleges on measures like how much money students earn after they graduate, and how much debt those students take on. Instead, education officials plan to put out a website later this summer, and let consumers compare colleges on their own.

You could almost hear the collective sigh of relief on college campuses.

Marketplace for Thursday, June 25, 2015

Jun 25, 2015

Airing on Thursday, June 25, 2015:  The Department of Education is bailing on its giant college ratings system, but plans to launch a website this summer that will let users compare colleges against a series of yet unnamed criteria, which may include employment and earnings data and graduation rates. How useful will the site be for students?

There's an appetizer for that

Jun 25, 2015
Kai Ryssdal

You are what you eat, and so is your smartphone ... or something.

CNBC reported on a new study from NPD group that breaks out the types of food bought by iPhone and Android users.

Apple fans are far more likely to order soup than Android users, who make up a large share of roast beef sandwich orders. 

Chicken strips? They're about equal. Check out the rest of the data here.

Funny or Die trying

Jun 25, 2015
Kai Ryssdal, Tommy Andres, Mukta Mohan and Hayley Hershman

It’s been almost eight years since Funny or Die's first viral video, “The Landlord,” took the Internet by storm. Over these years, they’ve dealt with a recession and a $600,000 movie flop, all while handling an enormous viewer following.

Marketplace Weekend Staff

What's the best financial opportunity you've ever come across?

We want to know. Tell us your stories of great deals and fantastic job offers — opportunities that changed your life, or ones you missed. 

Write to us! Reach out on Marketplace's Facebook page, send us an email or reach us on Twitter, @MarketplaceWKND.

A new podcast: Corner Office from Marketplace

Jun 25, 2015
Kai Ryssdal

Imagine this.  You get Jack Dorsey – yeah, that Jack Dorsey, the guy from Twitter and Square – in front of a microphone for half an hour, but you can only fit five or six minutes on the radio. Or Dick Glover, who runs Funny or Die — same deal. Marketplace is only half an hour on the radio, and there’s lots of stuff to get in there. 

I’m pretty sure that’s why podcasts were invented — so we could take all the great content we couldn’t fit on the air, and share it with you.

PODCAST: What your graduation date does for your career

Jun 25, 2015
David Brancaccio

Will warm weather loosen some change from our pockets? Seems like it may be the case — The government is reporting the biggest monthly spending for personal spending in six years. More on that. Plus, we’d like to believe our career success is all because of brains and hard work. But economic research tells us that a fair amount of it comes down to accidents of birth and timing. And new cases of bird flu appear to be on the wane, after costing U.S. poultry farmers more than 48 million birds. But even as outbreaks subside, experts are still unsure why the virus wreaked such havoc.

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