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.

Crowdfunding for your life

Jun 23, 2017
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Lizzie O'Leary and Paulina Velasco

On February 24, 2017, Molly Young got some devastating news. She had breast cancer, at age 29.

"When I took that phone call, and I learned that this was just going to completely uproot my whole life, I'd say I spent maybe 10 seconds or so only freaking out about myself and whether or not I would die. And then immediately thought, 'Oh my gosh, what happens if my health insurance goes away?'" Young said.

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Sam Beard

Britain’s Brexit negotiations with the European Union have begun. The formal talks over the terms of the United Kingdom’s exit from the EU and the future shape of its trade relationship with the bloc are expected to last at least 15 months and could go on for much longer.

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Robert Garrova

Brought to You By” is our series about all the stuff that’s become part of the culture and of the economy. Where did they came from and who thought of them?

Everyone recognizes Smokey Bear, the lovable National Parks mascot who warns visitors about the dangers of forest fires. But where do those friendly anthropomorphic bear cutouts come from?

06/23/2017: You-know-what

Jun 23, 2017
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Marketplace

We thought we could go the whole day without talking about, um, that big bill the Senate unveiled this week. No dice. But we're getting it out of the way right up top, discussing the Senate's hurry-up-and-wait-outside approach to health care reform and what this bill is really designed to fix. Then: U.K.

06/23/2017: What's going on with America's infrastructure?

Jun 23, 2017

Now that Senate Republicans have released the draft for their bill on health care reform, we'll recap how the markets are doing. Chris Low, chief economist at FTN Financial, joined us to explain why health care stocks have been reacting positively. (Hint: It's not expected to actually pass.) Afterwards, we'll look at what Japan and the European Union have in store for their free-trade agreement, and then explore some of the questions U.S. mayors have surrounding Trump's infrastructure promises. 

More than 250 mayors are in Miami Beach for the annual U.S. Conference of Mayors. A White House infrastructure adviser is there, too, and city leaders have plenty of questions. What’s in Trump’s infrastructure plan as far as federal partnerships with cities and states? The plan includes about 200 million in federal spending to leverage much more in private investments. But how will any public-private partnerships be structured? The American Society of Civil Engineers estimates about $4.6 trillion is needed in infrastructure investments by 2025, so details on funding are crucial.

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Sabri Ben-Achour

The Senate's version of the Republican health care bill calls for big cuts to Medicaid and would release Americans from the requirement to get health insurance.

Its overall vision is a fiscally conservative one, whose aim is to have consumer behavior pressure companies into delivering the best services possible. But will that pan out?

Japan and the EU head for a massive trade deal

Jun 23, 2017

Japan and the European Union say they’re close to agreement on a broad free-trade deal. It would be the largest such pact for the EU. The two trading partners have been hammering out this deal since 2013, but negotiations have taken on new urgency recently. 

Click the audio player above to hear the full story.

Solar tariffs request is dividing the industry

Jun 23, 2017
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JaeRan Kim

The Los Angeles office of Green Solar Technologies was humming on a recent Tuesday. In dozens of cubicles, sales people were working their phones, following up on sales pitches for solar systems.

Looking out through his large office windows, Edward Harner, chief operating officer of the company, didn't focus on the mountains that were visible but on the houses spread out before him.

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Marketplace

The Trump White House is wrapping up its tech week. Over the past several days, the administration discussed everything from emerging technology (like 5G networks) to ways it could modernize the government's workforce. Recode senior editor Tony Romm joined us to give his thoughts on whether the administration "gets" where tech is and knows how to move forward, and talked about a clash that went on between Apple CEO Tim Cook and Trump. Plus: To cap off the week, we're playing Silicon Valley with Nadia Boujarwah, co-founder of Dia&Co., a clothing delivery site for sizes 14 and up. 

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Marketplace

A draft of the Senate's version of the Republican health care bill is finally here. We'll talk about the changes it would make to Medicaid, and whether consumer behavior would change under the plan. Afterwards, we'll look at the conflict brewing between U.S. solar panel makers and foreign ones. Two American manufacturers have asked for steep tariffs on foreign panels because of their cheap prices, which makes it hard to compete. 

Banker to Hollywood elites branches out to South LA

Jun 22, 2017
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Aaron Schrank

Los Angeles-based City National Bank’s modern eight-story branch in Beverly Hills overlooks the Rodeo Drive luxury shopping district, where Bentleys and Range Rovers compete for street parking.

The bank began building its reputation 60 years ago as the go-to lender for the entertainment industry.

“Los Angeles needed a bank that would reach out to a community that was not well served by the biggest banks,” said CEO Russell Goldsmith, himself a former movie executive. 

Qatar Airways, the national airline of that embattled Persian Gulf nation, plans to invest about $808 million in American Airlines. This is an unsolicited investment — a purchase of voting shares on the open market. This comes as U.S. airlines, including American, have criticized Qatar Airways and two carriers based in the United Arab Emirates about alleged unfair competition. They say the Persian Gulf governments subsidize ticket prices and service, undercutting U.S. carriers on routes to the Middle East, Africa and the Far East. Qatar may also have a geopolitical goal in mind.

Democratic leaders try to formulate a sound economic message

Jun 22, 2017

Democrats are having a hard time crafting an economic message that gets through to voters. They lost two special congressional elections earlier this week. Some Democrats say being the anti-Trump party is a weak platform on which to take a stand and reach Americans who feel their concerns and needs are not being met. What does the Democratic leadership need to do to come up with an economic message that reaches blue-collar and other Americans who feel the economy is not working for them?

Click the audio player above to hear the full story.

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Kai Ryssdal

Now that the Senate health care bill has been released, it’s being digested by all the relevant interested parties. Some of those interested parties are people running the state heath exchanges created under the Affordable Care Act. Peter Lee is the executive director of Covered California, California's health exchange and the first created after the bill became law back in 2010. He talked with Marketplace host Kai Ryssdal about the health care policy conversation in Washington. The following is an edited transcript of their conversation.

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