Marketplace

Weekdays 6pm
  • Hosted by Kai Ryssdal

Award-winning Marketplace is public radio's daily magazine on business and economics news "for the rest of us."  Hosted by Kai Ryssdal, award-winning Marketplace is public radio's daily magazine of business and economics. Marketplace takes a fresh approach to business news covering  listeners from wallet to Wall Street. 

The Hankamer School of Business at Baylor University and Mc Lane Intelligent Solutions are local sponsors of Marketplace on KWBU.

For program sponsorship information, contact Bill Leek at 254-710-4472.

What people get wrong when they talk about NAFTA

7 hours ago
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Kai Ryssdal and Daisy Palacios

This week, Marketplace looked at the history of the North American Free Trade Agreement and explored its role in our economy from the perspective of workers, business owners and trade negotiators. What exactly is NAFTA? And what happens if it changes? To wrap up a week of special coverage, Marketplace host Kai Ryssdal talked with Marc Melitz, a professor of economics at Harvard University. Below is an edited transcript of their conversation.

Why your robot restaurant might get sued

8 hours ago

About half a dozen kiosks stand ready to take your order at Eatsa in midtown New York. With the help of technology, the fast-food startup basically eliminated the need for front-of-the-house staff. Hungry New Yorkers walk in, key in their order, pay and then pick up their order from one of the nearby cubicles. No human interaction necessary.

That is, unless you are blind.

What 'Frozen' had to do with the 'Beauty and the Beast' reboot

10 hours ago
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Kai Ryssdal and Bridget Bodnar

When Disney's live-action remake of "Beauty and the Beast" opened in theaters last weekend, it broke a bunch of box office records. That's pretty good news for Todd Lieberman and David Hoberman, the producers at Mandeville Films who made the film for Disney. Lieberman talked to Marketplace host Kai Ryssdal about the experience. Below is an edited transcript of their conversation.

There's been another sharp drop in the markets this week, following a delayed vote on the GOP's health care bill. FTN Financial's Chris Low joins us to explain why there's a connection between the two. Next, we'll talk about one indie music label's investment in vinyl records, and then look at the effect that interest rate hikes from the Fed will have on the automobile market. 

Senate votes to end Obama-era privacy rules

12 hours ago

Most congressional headlines are focused on health care this week, but another bill is on the move that could kill off internet privacy protections.

The Senate voted Thursday to put a stop to Obama administration privacy rules that would prevent internet providers like Comcast and Verizon from selling consumer browsing information. The bill looks likely to pass the House and be signed into law by President Trump.

Starting next Monday, customers of Wells Fargo bank will be able to make ATM withdrawals nationwide without a card using a smartphone. The trend could spread quickly to other banks around the country as consumers grow more used to advanced banking technology.

Click the audio player above to hear the full story.

New York plans to boost broadband infrastructure

14 hours ago

The New York is looking to bridge the digital divide by bringing broadband access to every household in the Empire State by the end of next year. It would be the first state in the country to pull that off. Many poor and rural areas lack broadband. 

Click the audio player above to hear the full story.

This indie music label is investing in vinyl

15 hours ago
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Hady Mawajdeh

Dustin Blocker is the owner of Hand Drawn Records near Dallas, a label that caters to independent musicians. And recently, Hand Drawn ventured into a new business: It’s manufacturing vinyl records.

Blocker’s presses are inside a giant packaging facility — it’s about the size of two Home Depots. The place is filled with rows of boxes stacked floor to ceiling. In one corner sit two brand-spanking-new vinyl record presses, each about the size of a pickup.

Why the government can't compete with Silicon Valley

16 hours ago
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Nancy Marshall-Genzer

The federal government’s tech workforce skews older. As its IT employees retire, they could be hard to replace — it’s difficult for federal agencies to attract young tech workers. 

You can see the federal IT worker shortage playing out on your computer screen. The Information Technology and Innovation Foundation, a tech think tank, analyzed almost 300 of the most popular federal websites, looking at security and speed, and whether they’re mobile friendly and accessible for the disabled. 

03/24/17: A new way to withdraw money from the ATM

17 hours ago
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Marketplace

Wells Fargo is going to start letting customers withdraw money from ATMs using their smartphones, no debit card required. We'll chat with the Tiffany Rad, the CEO and founder of the security firm Anatrope, about whether this method of transaction is actually safe. Afterwards, we'll play this week's Silicon Tally with Vanity Fair's Maya Kosoff, and then look at the Senate's decision to scrap various user privacy rules for Internet Service Providers. 

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Marketplace

The Senate has voted to put a stop to rules from the Obama administration that would prevent internet providers like Comcast and Verizon from selling your browsing data. We'll look at how these regulations were supposed to protect your privacy. Next, we'll talk about Wells Fargo's decision to allow customers to withdraw money from ATMs using their phones, and then explore the federal government's difficult recruiting young tech workers.

My Economy: Caring for seniors through art

Mar 23, 2017
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Robert Garrova

For this latest installment of our series My Economy, we hear from Martha Rast, a therapeutic art teacher living in Tuscon, Arizona.

“My name is Martha Rast, and I teach therapeutic art lessons.

It’s way better than cool. It’s the best job in the world — I love it. Any kind of therapeutic experience, really, has to be human-to-human. Because the one thing machines cannot do yet, and I don’t think they ever really will, even if there’s AI, is really truly understand emotional intelligence.

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Kai Ryssdal

Liza Mundy’s cover story in the current issue of The Atlantic, “Why Is Silicon Valley So Awful to Women,” draws on a long history of sexism in high tech and in Silicon Valley in particular.

The latest carrot that House leadership and the White House are using to win conservative Republican votes for the health care bill is repealing an Obamacare provision that standardized insurance policies. Under Obamacare, virtually all insurance policies cover things like hospitalization, mental health, prescription drugs and pregnancies – known as essential health benefits. But guaranteeing those benefits cost money, while doing away with them would drop the price of premiums.

Click the audio player above to hear the full story.

As farmworkers grow scarce, wages are on the rise

Mar 23, 2017
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Kai Ryssdal

Tighter borders were supposed to mean more jobs for native-born Americans. That's the theory anyway, but California farmers aren't living in that world. Instead, they're competing for a workforce where nine out of 10 people are immigrants, and many are undocumented. While some farmers are raising wages well above the minimum to attract workers, many others can't afford to. Los Angeles Times economy writer Natalie Kitroeff visited several California farmers to see how they're coping with a smaller workforce. Host Kai Ryssdal spoke with Kitroeff about what she learned.

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