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.

10/20/2017: Congress moves closer to tax reform

Oct 20, 2017

(U.S. Edition) The Senate has approved a $4 trillion budget, checking one of the boxes the GOP needs before it pushes a tax overhaul. We'll look at how this will help Republicans' tax efforts, and whether the budget provides anymore clues about the party's plans for tax reform. Afterwards, we'll discuss Walmart's courtship of Lord & Taylor, one of the country's oldest department stores, and then report on the emerging demand for "greener" aluminum. 

Looking for tech innovators in Mexico's Ciudad Juarez

Oct 20, 2017

Maquilas, the factories along the U.S. and Mexico border that turn out truckloads of U.S. consumer products and auto parts are notorious for long, monotonous shifts and some of the lowest wages in Mexico. Automation is expected to eliminate as much as 52 percent of these assembly jobs over the next decade. Before that happens, business incubator Technology Hub, in the city of Ciudad Juarez, is working to develop higher paying tech employment, with a push to transform Ciudad Juarez into an innovation-based economy.

The emerging demand for "greener" aluminum

Oct 20, 2017

Sales of aluminum are on the rise, and that’s in part because using it in products can have environmental benefits. But there’s a dirtier side to aluminum — producing it is energy intensive. So, now demand is growing for “greener” aluminum.

Senate GOP backs budget, clears way for tax overhaul

Oct 20, 2017

WASHINGTON (AP) — Republicans must now shift their focus to enacting President Donald Trump’s sweeping tax plan, a far heavier lift than the $4 trillion budget plan they’ve muscled through the Senate to lay the groundwork for the first tax overhaul in three decades.

(Global Edition) From the BBC World Service ... German Chancellor Angela Merkel might have thrown British Prime Minister Theresa May a Brexit lifeline overnight, but will it be enough to reignite dialogue between the UK and the EU on their looming divorce? Afterwards, we’ll explain why football, kangaroos and meat pies might still be going strong in Australia, but not GM Holden cars, which have hit the brakes on domestic production.

Congress's push to get self-driving cars on the road faster

Oct 20, 2017

Right now, states and cities decide if and how they want autonomous vehicles on their streets. But the U.S. Senate is considering a measure that would standardize the rules of the road and let automakers sell more vehicles with self-driving capabilities over the next three years. The House of Representatives has already passed a different version of the bill.

10/20/2017: Self-driving regulation speeds along

Oct 20, 2017

Right now, states and cities decide if and how they want autonomous vehicles on their streets. The U.S. Senate is considering a measure that would standardize the rules of the road and let automakers sell more cars with self-driving capabilities over the next three years. It's passed out of committee and will go to a full Senate vote in the coming weeks. The House of Representatives has already passed a different version of the bill. Republican Sen. John Thune of South Dakota, one of the sponsors of the bill, talks with Molly Wood about the legislation.

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

Oct 19, 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 messier. And we checked in with a union leader in Erie, Pennsylvania, who wasn't exactly moved by President Donald Trump's big announcement that tax reform would lead to the rebirth of American industry.

A day in the life, surrounded by federal regulations

Oct 19, 2017

Can you name a single federal regulation? Probably not, but they're all around you, from the second you open your eyes in the morning.

Tech companies head to Capitol Hill over politcal ads

Oct 19, 2017

Sheryl Sandberg, the chief operating officer of Facebook, took to Washington to smooth things over with Congress about Russian-linked accounts using the social network to target political ads in the 2016 election. But her efforts may be too little too late, as Congress introduced a bill today to change the disclosures tech companies must make about political advertising. Marketplace host Kai Ryssdal spoke with Molly Wood, the host of Marketplace Tech, about the controversy. 

In Pennsylvania, a budget stalemate — one that’s been going on for more than three months now — is threatening millions of dollars that some universities count on to lower their in-state tuition. The state’s legislature adopted the budget over the summer, but it still hasn’t agreed on how to pay for it. Meanwhile, four schools — Pennsylvania State University, the University of Pittsburgh, Temple University and Lincoln University — are nervous their funds could become a casualty in the negotiation process. 

Another Republican congressman heads for the exits

Oct 19, 2017

U.S. Rep. Pat Tiberi announced today that he's leaving Congress in January — midway through his term. The Ohio Republican is a senior member of the tax-writing House Ways and Means Committee. That makes him part of what's known as the governing wing of the Republican party — the folks with influence who can get things done. So what will that mean for tax reform?

Click the audio player above to hear the full story.

It's been a rough couple of weeks for two of the country's biggest conglomerates. Proctor & Gamble and General Electric have been fending off shareholder unrest over their lackluster stock performance. For GE, that drama has extended to the boardroom. Tomorrow, GE will give its first quarterly results since new CEO John Flannery took over.

Click the audio player above to hear the full story.

(Markets Edition) In the third quarter, investors pulled $36 billion out of mutual and exchange-traded funds in the U.S. Diane Swonk, from DS Economics, stopped by to chat with us about the decrease in the number of Americans who own stocks, and the rising trend of people who are borrowing against their own 401(k)s. Afterwards, we'll discuss companies that the stock market loves despite their unimpressive or completely non-existent profits, like Uber and Netflix.

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.

One of President Donald Trump’s big promises while he was campaigning was that he was going to bring manufacturing jobs back to this economy. More recently, he said the Republican tax overhaul plan will “lead to the rebirth of American industry.”

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