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.

President Trump's American Manufacturing Council originally included the chief executives of more than two dozen top U.S. companies, as well as leaders of industry groups and labor unions. Today, it has four fewer members, after Trump made what many called an inadequate response to the deadly weekend violence at a white supremacist rally in Charlottesville, Virginia.

Of 577 key federal jobs requiring Senate confirmation, only 106 have had nominees put forward by President Trump. That's according to the count by the Washington Post and the Partnership for Public Service. Those vacancies include leadership roles at NASA and NOAA, the National Oceanic and Atmospheric Administration. With no one at the helm, science-based agencies can’t undertake major new research or other initiatives, and lose their effectiveness. But under the current White House administration, new leadership could be more disruptive.

Amazon is everywhere. Even in economic data.

Aug 15, 2017

Today the retail industry got a small piece of good news in the form of some data from July that was better than expected. The government announced this morning that retail sales last month were up 0.6 percent during the previous month and more than 4 percent from this time last year. Not bad for an industry that’s had a lot of hand wringing of late. One of the reasons for the gain? Amazon Prime Day.  

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My Economy tells the story of the new economic normal through the eyes of people trying to make it, because we know the only numbers that really matter are the ones in your economy.

Today’s installment is from Dr. Javier Martinez, CEO of Martinez Brands, a wine and spirits wholesaler and importer in Pasadena, California.

The place where globalization kept its promise

Aug 15, 2017

The idea of more open, global trade has been sold as necessary for economic success. Yet today we hear calls to "build a wall" and to break up trading partnerships. Turns out we've seen the pendulum swing between free trade and protectionism many times before. Our series Trade Off looks at key moments when trade barriers have been built up or torn down and at globalization's winners and losers. 

Your pumpkin pie is a lie

Aug 15, 2017

Always leave room for dessert, especially when it's served with a little business history on the side. In her new cookbook, "BraveTart: Iconic American Desserts," Serious Eats senior editor Stella Parks tells how some of the most all-American desserts became so popular in this country. A lot of times, it's because a corporation made it happen.

The U.S. International Trade Commission, an independent federal agency, starts hearings Tuesday on whether U.S. solar manufacturers are being hurt by foreign competition. The hearings could lead to tariffs being put in place on all foreign-made panels. Such tariffs could have consequences for the entire solar industry. 

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Do you ever bring your child to work with you? Do you feel like you have co-workers that do it way too often? Marketplace Weekend is tackling kids at the office in its latest work advice column from Alison Green, from the popular blog, Ask a Manager

08/15/2017: Why would CEOs stick with Trump?

Aug 15, 2017

An infrastructure announcement turned into an off-the-rails press conference this afternoon as President Trump blasted the four (now five) CEOs who have left his manufacturing council. We'll correct the record on some of his criticisms and then zoom out to the bigger question: If you're a CEO tapped for one of these White House advisory roles, why do you stay? Then: Trump has nominated people to fill just 106 of 577 key Senate-confirmed jobs in his administration. NASA and the National Oceanic and Atmospheric Administration are both lacking permanent leadership.

Who are the winners and losers of globalization?

Aug 15, 2017

Slow income growth among the middle class of rich countries like the U.S., Japan and Germany is widely attributed to globalization. A lack of upward mobility has been frustrating for many, leading to an increase of political populism on both sides of the spectrum. Former World Bank economist Branko Milanovic has created the “elephant chart,” which answers the question: Who are the winners and losers of globalization?

North Korean leader Kim Jong-un has decided not to launch four missiles toward Guam after all, according to state media reports. Is that what's helping to calm markets? MacroPolicy Perspectives Julia Coronado joined us to talk about some of the factors responsible for this stock market rally. Afterwards, we'll discuss the crowded field of premium rewards cards, and then look at why millennials seem to be disinterested in vintage furniture. 

Bank of America plans to launch a new premium rewards credit card next month. The bank is entering a crowded field of similar products from American Express and Chase, whose Sapphire Reserve card made headlines for its initial 100,000-point sign-up bonus and $450 annual fee. As a result, banks are changing the way they try to lure new customers.

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This is just one of the stories from our "I've Always Wondered" series, where we tackle all of your questions about the world of business, no matter how big or small. Ever wondered if recycling is worth it? Or how store brands stack up against name brands? What do you wonder?

Millennials have now surpassed baby boomers as America’s largest living generation. That makes those in the 20-36 age range a driving force behind shopping trends. But it’s what millennials are not buying that caught our attention.

David Lackey is an appraiser on the long-running PBS series “Antiques Roadshow.” At his shop in an upscale neighborhood in Houston, Lackey said the market for antique furniture is down.

When is it OK to ask children to translate for their parents in emergency situations? That’s a question law enforcement agencies are wrestling with more and more. That’s because 18.5 million children in the U.S.

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