Business news

The power of the pen

Nov 11, 2016
Nancy Marshall-Genzer

It’ll be easy for President-elect Donald Trump to undo President Barack Obama’s executive orders.

It's as simple as "issuing a new executive order,” said John Hudak, a senior fellow at the Brookings Institution, “issuing a new memorandum, issuing a directive to cabinet agencies. But it can be done quite quickly."

LeVar Burton on "Smart House" and the rise of AI

Nov 11, 2016
Tony Wagner

Season 2 of our tech podcast "Codebreaker" launches Nov. 16, when we ask if technology can save us. To prepare, we’re revisiting Season 1, which asked "Is it evil?" In this post, we talk to actor and director LeVar Burton about the rise of the smart machines.

Trump's tricks of the trade

Nov 11, 2016
Kai Ryssdal and Andrea Seabrook

President-elect Donald Trump and Hillary Clinton were on the same page on one issue — infrastructure. But will Trump be able to convince Republican lawmakers to pony up a trillion dollars for his proposed plan? And if he does, how will the country pay for it?

Marketplace's Washington Bureau Chief Andrea Seabrook says it puts the GOP in a bit of a quandary:

Infrastructure, infrastructure, infrastructure

Nov 11, 2016

On today's show, we'll talk about market positivity over the possibility of increased infrastructure spending; voter approval of more than 30 measures to improve transportation; and the concern Europe has about Trump's plan to discourage companies from relocating workers. 

Voters say yes to spending on transportation

Nov 11, 2016
Andy Uhler

There was at least one thing voters agreed upon on Tuesday – spending more on infrastructure.

Key for Trump voters? Economic anxiety

Nov 11, 2016
Kim Adams

The latest Marketplace Economic Anxiety Index, just before the election, showed that about two-thirds of Americans are anxious about the economy. From this week's election results, it's clear that many channeled that feeling into their votes.


On today's show, we'll talk about why white men and women without college degrees gravitated toward Donald Trump; the president-elect's plans to make free-market health care reforms; and India's decision to ban certain rupee notes. 

Chart of the day: Private prison stocks' wild ride

Nov 10, 2016
Marketplace staff

Donald Trump's surprise victory in the presidential election Tuesday sent private prison stocks soaring this week.

For-profit colleges get a post-election bounce

Nov 10, 2016
Amy Scott

Among the industries enjoying a post-election stock bounce is for-profit higher education. The University of Phoenix, DeVry, and Strayer all saw their shares rise after the election results. After a nearly eight-year crackdown by the Obama Administration, many are speculating that the Republican-controlled Congress will roll back some oversight of career colleges.


Is there stagflation in our future?

Nov 10, 2016
Sabri Ben-Achour

Like everyone else, bond investors woke up on Wednesday morning and saw the news. Then they looked at the returns they were getting on their bonds — around 1.9 percent — and they said 'oh, no. No, no, no.  If Donald Trump is gonna be president, we’re gonna need more than this from our bonds.' So, they negotiated lower prices and demanded higher yields.  Why?

Financial reform in the crosshairs

Nov 10, 2016
Nancy Marshall-Genzer

The transition team for President-elect Donald Trump issued a statement today saying the new administration will "be working to dismantle the Dodd-Frank Act." That's the big financial regulation reform law enacted after the economic meltdown and subsequent bank bailout. 

With so much change coming, interest groups in the financial sector wasted no time. Paul Merski, a lobbyist for the Independent Community Bankers of America, was on the phone the very next day, working his contacts. 

On today's show, we'll talk about Russia's reaction to Trump's win; the state of the country's markets; how the health and environmental industries will fare under a Trump administration; and the company-wide emails that are being sent to employees about the election.

Nasty Gal files for bankrupcy

Nov 10, 2016
Marketplace staff

Nasty Gal, the retail brand that capitalized on the growth of online commerce, petitioned to file for bankruptcy this week.

Stocks in private prisons are way, way up

Nov 10, 2016
Lane Wallace

Stocks in private prison corporations soared with the news of Donald Trump’s win. The country’s largest, Corrections Corporation of America, shot up almost 45 percent Wednesday. The companies that run private prisons are actually in the real estate business, and their business boomed in the 1990s and early 2000s with the exponential growth in mass incarceration at the state and federal levels. But the industry took a hit after the U.S. Justice Department in August said it would end its use of private prisons.

Disney will report its earnings later today. The company has been putting out a lot of hit movies lately, but one of its bigger money-makers, ESPN, is struggling. 

Click the above audio player to hear the full story. 

Industry winners and losers

Nov 10, 2016
Andy Uhler

Individual businesses and entire industries are trying to make sense of the election. For some, like companies that use coal to produce electricity, Donald Trump's victory could mean a boost in investment and a sunnier long-term outlook. For others, like hospital operators who benefit from Affordable Care Act subsidies, the picture doesn’t look so good. 

EU leaders concerned about Trump presidency

Nov 10, 2016
Sam Beard

The election of Donald Trump as U.S. president has alarmed some European politicians. They fear the tough-talking Republican’s comments about trade deals with other countries and blocs such as the European Union needing to be revisited or re-examined. Free trade may be under attack by people who have not felt the benefits of it, but European leaders fear protectionism will harm growth globally. 

Click the above audio player to hear the full story. 

Becca Costello / Indiana Public Media

Senior Airman Drew Forster joined the military as a way to pay for college. He returned from active duty in 2014 and says his time in the Air Force taught him skills he still uses today, like resilience, working under pressure — and something a little unexpected.


An uncertain political future for U.S. trade policy

Nov 9, 2016
Mark Garrison

Among many other things, President-elect Donald Trump will now be responsible for America’s global trade policy. How his administration handles it will be very interesting, because he spent a tremendous amount of time on the campaign trail attacking international trade, various trade deals and American companies that manufacture abroad. What happens next is of great interest to American companies, global markets and could be of great consequence for America’s economy and its workers.

Economic data is good. But many aren't feeling it.

Nov 9, 2016
Sabri Ben-Achour

We are in the longest economic recovery in American history. The U.S. has added 15 million jobs since 2010. The unemployment rate is down to 4.9 percent. Median household income rose 5.2 percent in 2015. 

And yet this election was decided in part because Donald Trump was able to tap into a deeply felt sense that things are not going well in this economy of ours.  

A pollster's take on a divided America

Nov 9, 2016
Larry Rosin

Throughout much of the 2016 Presidential campaign, an enormous portion of the coverage centered around the personalities of the two major candidates, their qualifications for the office, and attempts to disqualify their opponents. However, the results of the exit polls show that the one topic that election analysis usually centers upon – the economy – was the kind of driving force that we usually expect it to be.

On today's show, we'll talk about how the markets and corporate America are reacting to Trump's presidential win. Plus, we'll interview Glenn Hubbard, an economist who served as chairman of the Council of Economic Advisors under President George W. Bush.

Repealing Obamacare is at the top of Trump's list

Nov 9, 2016
D Gorenstein

Until now, Donald Trump has offered only the briefest of sketches about how he plans to improve health care. His election comes as premiums on the Obamacare exchanges are rising, as well as drug prices and consumer out-of-pocket spending. President-elect Trump has his work cut out for him.

"On Day 1 of the Trump administration, we will ask Congress to immediately deliver a full repeal of Obamacare," Trump announced on his website. It’s the first of a seven-point plan that includes selling insurance across state lines and greater price transparency.

A primer on Trump's economic policies

Nov 9, 2016
Marketplace staff

Now that the election is over, we can turn our attention to what President-elect Donald Trump might do when he takes office. We don't have many details of his plans, but we do know he has some broad goals, like repealing the Affordable Care Act. Here's a look a quick look at some of his policies.

Education policy


We'll take a look at how our health care system would look if Trump decides to repeal Obamacare and the president-elect's plan to invest $1 trillion in infrastructure. Plus: We'll interview Austan Goolsbee, economist and former chair of the Council of Economic Advisers under Obama, about political gridlock.

Bruce Johnson

We have a new president, and his name is Donald Trump. His new job has some challenges, many of them tech-related. Over the next four years, many more drones will take flight. Self-driving cars may hit roads in larger numbers. The list goes on. 

One issue Trump will face is where the people who build our tech are based. Trump said on the campaign trail:


We’ll take a look at how businesses feel about the new president, and where Trump might come down on trade and tax reform. Plus, what direction will health care law take under his administration? We’ll be reporting on Trump’s victory and what it means for the economy throughout the morning. Check back here for hourly updates.

All the news that got buried by the election

Nov 8, 2016
Tony Wagner and Rounak Maiti

Stop us if you've heard this one before: elections — particularly this election — have a way of sucking all the air out of the room.

That's particularly true of this historic and unusual election, and particularly particularly true in the final days of a close race. That makes Election Day a great time to drop some news you don't want anyone to see. There's all kinds of important or lighter, anxiety-easing stories that fly by while we're all glued to cable news.

David Weinberg

My first encounter with Mr Fries Man happened on Instagram. Scrolling through my feed one day I came across a photo he had posted of a giant mound of French fries covered in a shrimp and lemon garlic sauce. Intrigued, I called the phone number on the post and placed an order.

Then I got a text instructing me to drive to a parking lot in Gardena, a city that borders Los Angeles to the south. "Park near the wall," the text said "and look for a gray Pontiac Grand Prix."

Kai Ryssdal

While most people were out voting (there's still time in most states!) lawyers for Donald Trump were in court in Nevada this afternoon.

They'd filed a complaint saying early voting polling stations stayed open two hours longer than they were supposed to past Friday night. Clark County witnessed early voter turnout in record numbers, allowing Democrats a significant lead in today's polling.