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.

The economics of future technology ... explained with comics

Oct 17, 2017

We're going to take a detour here to the not-too-distant future to see what technologies might shake up the economy and help determine the future of our species. Kelly Weinersmith is a biologist and her husband, Zach, does comics, "Saturday Morning Breakfast Cereal" among them. Their new book is called "Soonish: Ten Emerging Technologies That'll Improve and/or Ruin Everything." It's sort of a layman's explainer mashed up with a comic book.

How much are 50,000 Amazon HQ2 jobs worth?

Oct 17, 2017

Call it "enticing" or "incentivizing." Call it "begging" or "groveling." What’s clear is the bidding war between cities and states to host Amazon's second national headquarters is racing to its deadline Thursday. The offers of tax incentives, subsidies, favorable zoning, job training and all the rest are piling in. A few billion here, a few more billion there. Amazon promises to bring with it 50,000 mid- to high-paying central-office jobs and a whole lot of steel and glass square footage. But how much are 50,000 jobs really worth?

The contentious fourth round of NAFTA negotiations concluded in Washington, D.C. today without a deal in sight. Trade reps from Canada and Mexico rejected outright a number of hard-line protectionist policies proposed by U.S. negotiators, proposals which Canada's Foreign Affairs Minister Chrystia Freeland described diplomatically today as "unconventional." Could these seemingly irreconcilable sticking points on President Donald Trump's bold trade agenda derail NAFTA altogether? 

Click the audio player above to hear the full story.

Work comes with rules; what to wear, how much vacation you can take, how to behave and in some cases what you can post on social media.

10/17/2017: A pretty good earnings season

Oct 17, 2017

(Markets Edition) Earnings season is looking good so far. Wall Street banks Goldman Sachs and Morgan Stanley have reported better-than-expected earnings. David Kelly, chief global strategist for JP Morgan Funds, joined us to talk about some of the factors fueling their success. Next, we'll discuss the Senate's expected vote this week on a budget resolution whose outcome is hard to predict. And finally, we'll look at America's growing shift to electric homes. 

 

What happened to the GOP’s deficit hawks?

Oct 17, 2017

The Senate is pushing ahead on a budget vote this week. That framework would move the GOP a step closer to the tax overhaul it has promised. The Senate plan allows for as much as $1.5 trillion in tax cuts over the decade. Those cuts could blow a $2.4 trillion hole in the budget, the nonpartisan Tax Policy Center estimates. There are a few on the right who are sounding the alarm about national deficits and debt. Republican Sen. Rand Paul in an interview today said he is prepared to vote no on the budget if leaders don't agree to cut billions in spending from the plan.

How the GOP tax plan could hurt charities

Oct 17, 2017

In its tax framework, the GOP leadership has promised to keep some of the most popular personal deductions, including the charitable deduction. But the value of that deduction could be limited by other changes to the tax code. 

To explain, let's start with a tradition that you, dear public radio supporter, are likely familiar with: the pledge drive. A few times a year, member stations around the country ask for donations, often touting their tax deductability. 

Senate budget battle likely as vote looms

Oct 17, 2017

The Senate is expected to take up a budget framework this week. If it passes, the GOP will be one step closer to the tax overhaul it so desperately wants. President Donald Trump promised yesterday in a Rose Garden press conference with Senate Majority Leader Mitch McConnell that the tax plan is on track. But the outcome of the pending budget vote is far from predictable.

Click the above audio player to hear the full story.

Can Congress make consumer data safer?

Oct 17, 2017

The Senate Banking committee meets today for another hearing about the Equifax data breach. With the major credit reporting agencies woven deeply into the fabric of our financial system, what can Congress actually do here?

Click the above audio player to hear the full story.

A move from natural gas to electricity for homes

Oct 17, 2017

Not long ago natural gas – the fuel that probably gave you your hot shower this morning – was being hailed as the clean “bridge” fuel, because it polluted less than other alternatives. For some purposes it still is, such as when it replaces diesel fuel in buses. But in our homes, some now believe natural gas should be phased out in favor of electric appliances, for climate reasons.

10/17/2017: The fight to become Amazon's next home

Oct 17, 2017

(U.S. Edition) Canadian jet manufacturer Bombardier has been in an ongoing trade fight with America's Boeing. Well, now Bombardier is selling the majority stake of its C-series plane to the French company Airbus. We'll report on why the Canadian company went through with the deal and how it may be able to sidestep a high U.S. tariff as a result. Afterwards, we'll discuss whether Congress can help make consumer data safer, and then  look at Seattle's bid to become home to Amazon's second headquarters. 

Two dozen people zigzag through Seattle’s South Lake Union neighborhood, footsteps crunching on pavement and gravel. A local blog called The Urbanist organized the tour about the history of this neighborhood — the location of Amazon’s first headquarters.

In a few years, the view around HQ1 has morphed from low-slung warehouses to tall, modern apartment buildings and cranes that poke out of construction sites around every bend.

“It looks like a millennial paradise,” said Seattle resident Anthony Bridgewater, who took the tour.

(Global Edition) From the BBC's World Service ... The partnership sees Airbus take a majority stake in Bombardier's C-Series jet and analysts say it could have huge implications for the industry. The planes can be assembled inside the U.S., potentially avoiding the crippling 300 percent import tariff the U.S. government wants to see imposed. The deal hasn't been welcomed by U.S. rival Boeing — they complain that the firms receive too much state support. In China, preparations are underway for the Communist Party Congress, which begins tomorrow.

In the past few years, venture capitalists have invested more than $1.6 billion into companies working with low-earth orbit technology. Some of those companies are making small satellites that orbit closer to Earth than traditional ones. The goal: to blanket Earth with broadband internet and gather data on the planet. Marketplace Tech host Molly Wood talks to the innovators behind this mission.

Belgian researchers have identified a vulnerability in the way most of us connect wirelessly to the internet. The weakness even has a name: Krack. If exploited (and luckily that has not yet happened, as far as anyone can tell), information like our credit cards, passwords, basically anything we type is at risk for being seen and stolen. For businesses trying to keep their data and yours safe, this opens up a whole new front in the cybersecurity war. 

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