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.

Why low unemployment might not lead to higher inflation

6 hours ago

Our ideas about the relationship between the unemployment rate and inflation may be all wrong. 

The latest jobs report revealed that the unemployment rate is at 4.1 percent for a fourth straight month — the lowest level since 2000. But that means that the economy may be heating up, which also means that the Federal Reserve may want to put the brakes on that by raising interest rates.

(Markets Edition) The group at the Federal Reserve that makes key decisions about interest rates is getting ready to release minutes from its latest meeting. We'll talk with Susan Schmidt — senior vice president at Westwood Holdings Group — about some of the factors that may influence them. Next, we'll look at how Texas funds its higher education system, and then discuss the harsh conditions that builders have to face in the winter.

Texas legislature taking on college costs

8 hours ago

A panel of Texas lawmakers meets Wednesday to take a look at how the state funds higher education each year. Legislatures across the country — who all face rising costs of higher ed and are trying to contain tuition hikes — will be watching for portable solutions that might work in other states.

Click the audio player above to hear the full story. 

For people who work indoors, snow, ice, and subfreezing temperatures are often nothing more than an inconvenience. But for construction companies and their employees, harsh winter weather can be something more — a financial and physical hazard.

Cities across the country — from large urban areas like Chicago to smaller ones like Cleveland — are in the midst of a multiyear building boom, with developers racing to meet pent-up demand for housing and office space. And with billions of dollars in play and deadlines to meet, the work rarely stops even when the weather turns ice cold.

02/21/2018: Parkland, Florida students mobilize

10 hours ago

(U.S. Edition) A group of survivors from the Parkland, Florida mass shooting last week are lobbying for gun control laws, and they're getting a lot of financial support. We'll take a look at some of the steps they've taken to mobilize, along with some of the donors who are supporting the cause. Afterwards, we'll examine the criteria Texas uses to fund its colleges and universities, and then we'll talk to Marketplace regular Allan Sloan about why he thinks there was that big drop in markets earlier this month. 

(Global Edition) From the BBC World Service … The world’s biggest mining companies are seeing a boost to their bottom lines thanks to rising global commodity prices. We’ll tell you how the battery revolution is helping shape the overall market. Then, India is opening up its coal industry, allowing foreign companies to bid for coal mines in the country. But will more investment from some of the world’s biggest companies translate into better quality of life for residents there? Afterward, a conversation about whether growing use of artificial intelligence presents a looming danger. 

Good luck watching the Winter Games in 4K

11 hours ago

Watching the Winter Olympics on your phone is great and all, but if you’ve spent a pretty penny on an ultra-high-definition TV, an iPhone probably won’t cut it. How, then, does one watch the winter games in glorious 4K? Well, it’s complicated. NBC is delivering 4K video of some events the day after they air, but that video is difficult to access even with the right TV and set top box.

Watching the Olympics on your phone is great and all, but if you’ve spent a pretty penny on an ultra-high-definition TV, an iPhone probably won’t cut it. How, then, does one watch the winter games in glorious 4K? Well, it’s complicated. NBC is delivering 4K video of some events the day after they air, but that video is difficult to access even with the right TV and set-top box. Sam Machkovech wrote about this problem for Ars Technica. He spoke with Marketplace Tech host Molly Wood about the Olympic 4K rigmarole.  

Should credit card companies tackle gun sales?

23 hours ago

Andrew Ross Sorkin had an interesting column in the New York Times yesterday — a business and economic take on how to make mass shootings less common. PayPal and Square, Sorkin pointed out, decided years ago not to let people use their services to buy guns. What about Mastercard and Visa, he wondered. Or the big banks that issue credit cards? Why can't — or won't — they do the same?

Click the audio player above to hear the full story. 

The turf war over taxes

23 hours ago

New polling shows that public sentiment is growing more favorable toward the recent tax law. Maybe chalk that up to the little extra money many people are seeing in their paychecks as a result of new tax brackets. But in Washington, D.C., there's still a fight going on about the new tax code — specifically, how to interpret it. It's between the IRS, a bureau of the Treasury Department, and the White House Office of Management and Budget.

Click the audio player above to hear the full story. 

Can Elon Musk deliver on Tesla's Model 3s?

Feb 20, 2018

There are a handful of electric cars that are all somewhat in the same price range: the Chevy Bolt ($36k), the Nissan LEAF ($30k) and Tesla's Model 3, Elon Musk's flagship electric vehicle, priced at around $35,000. But in a classic tale of highly popular, very rare consumer goods, the Tesla Model 3 has got to be the most famous.

52: Rahm Remixed

Feb 20, 2018

Rahm Emanuel likes to talk. The two-term mayor of Chicago and former White House chief of staff to President Barack Obama spoke with us at length about everything from populism to immigration. He told us that Chicago is a "welcoming" city, not a sanctuary city. He's got a special chair. And he's got some sharp words for "Mr. Moody's Doom and Gloom," otherwise known as Kai Ryssdal. Plus, Emanuel takes the longest pause ever to answer our Make Me Smart Question. 

Satisfied with Trump in rural Pennsylvania

Feb 20, 2018

President Trump pledged sweeping political and economic changes during the campaign. We have no idea if Trump can deliver on those promises, but we can explore what it’s going to take for him to try. It’s all in our series The Big Promise.

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

Feb 20, 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 bonds, and in all there will be just over a quarter trillion dollars in new government debt by the end of the week, four billion more than the government raised in the same offering last month. That's where we're starting today, with a glimpse into the economic future. Then: PayPal and Square banned gun sales from their services years ago.

Every morning, hundreds of uniformed workers file into the employee entrance of the “most magical place on Earth” — Walt Disney World, where they are responsible for keeping the resort’s lavishly themed rooms clean and guests happy. This was Wilna Destin’s routine at Disney before being hired by the hospitality workers' union, Unite Here Local 737. She stands in the employee parking lot entrance one morning, eyeing a group of housekeepers.

“Good morning, do you sign this already?” she points to a clipboard.

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