Marketplace : About
Airs weekdays at 6:30pm on 93.9 FM and AM 820
What's happening on Wall Street? When did old-fashioned "firing" become "downsizing"? And what motivates a 16-year-old grocery clerk in Illinois to invest in a stock portfolio? Hear these and other financial items. Marketplace is not only about money and business, but about people, local economies and the world — and what it all means to us. The only national daily business news program originating from the West Coast, Marketplace has four domestic bureaus—in New York, Miami, Washington, D.C. and Los Angeles, plus international bureaus in London and Beijing.
Latest Stories from Marketplace
Last updated: Thursday, July 02 2015 01:31 AM
Wednesday, July 01 2015 10:00 PM
Airing on Wednesday, July 1, 2015: Puerto Rico is in dire financial straits. So what, you might shrug. Well, if any of your money is invested in a municipal bond fund, you might own Puerto Rican bonds, and they could take a hit. Marketplace's Adam Allington finds out who’s vulnerable. Next: Speaking today in Tennessee, President Obama will try to court conservative states to expand Medicaid under Obamacare. We unpack his sales pitch on using federal dollars to help states’ bottom lines.
Tuesday, June 30 2015 10:00 PM
Airing on Tuesday, June 30, 2015: Puerto Rico is in dire financial straits, with its governor saying it cannot pay its $72 billion in debt. He wants to defer payments and negotiate with creditors. We look at what Puerto Rico's options. Next: President Obama announced Tuesday that he will update labor rules to allow workers extra pay for work beyond 40 hours. Marketplace's Scott Tong looks at who, exactly, will be eligible for overtime. Plus: in another sign that for-profit schools are feeling the heat, the University of Phoenix is making big cuts to its associate degree programs, closing some campuses and, for the first time, establishing admissions requirements. Marketplace explores the reasons why.
Monday, June 29 2015 10:00 PM
Airing on Monday, June 29, 2015: Marketplace's Kai Ryssdal is bringing the news to you from the Aspen Ideas Festival. First: Kai talks to David Leonhardt of the New York Times about the breaking news of the day and what it has to do with mobility. Plus: mountaineer Chris Davenport and Ted Sarandos, Netflix chief content officer, talk to Kai about the mobility of content and competition.
Friday, June 26 2015 10:00 PM
Airing on Friday, June 26, 2015: The Supreme Court’s 5-4 ruling expanding marriage rights to same-sex couples changes the financial landscape for gays and lesbians in the U.S. We tally the implications when it comes to taxes, federal benefits, job mobility and so on. Next: This could be another record breaking weekend at the box office, with three huge movies primed to haul in millions. Hollywood is having quite the summer and it has barely started. But can it last? Marketplace explores.
Thursday, June 25 2015 10:00 PM
Airing on Thursday, June 25, 2015: The Department of Education is bailing on its giant college ratings system, but plans to launch a website this summer that will let users compare colleges against a series of yet unnamed criteria, which may include employment and earnings data and graduation rates. How useful will the site be for students? Marketplace explores. Next: Marketplace's Kai Ryssdal talks to Funny Or Die CEO Dick Clover and President Mike Farah for Marketplace's newest installment of "Conversations from the Corner Office." The team talks about surviving the recession, taking risks and attracting A-list talent.
Wednesday, June 24 2015 10:00 PM
Airing on Wednesday, June 24, 2015: A merger between Sysco, a marketing and distribution food corporation, and US Foods has been put to a halt by a federal judge – a victory for the Federal Trade Commission. But on the retail end, European grocery chains Ahold and Delhaize are merging, which will make them the fifth-largest grocery operator here in the U.S. Next: Marketplace's Kai Ryssdal talks to Judd Apatow about his new book, “Sick in the Head,” and about the comedy business. The "Bridesmaids" producer talks about his comedic beginnings, success, and mentoring young comics.
Tuesday, June 23 2015 10:00 PM
Airing on Monday, June 23, 2015: Massachusetts has scrapped the decades-old method of defining low-income students in public schools based on income information submitted on applications for free and reduced-price lunches. The new measure relies on whether families receive benefits like food stamps, and it has “reduced” the number of kids classified as poor. Marketplace looks at this new assessment, its potential impact on school funding and whether it will catch on in other states. Next, Darden Restaurants, owner of Olive Garden and LongHorn Steakhouse, announced plans to separate part of the business into a real estate investment trust. Marketplace looks at how this spin-off/lease-back works and how it makes money for Darden and other companies using it.
Monday, June 22 2015 10:00 PM
Airing on Monday, June 22, 2015: Sales of existing homes increased by about 5 percent in May, reaching their highest level since 2009. We look at what’s behind this housing number, and the role of first-time buyers—who accounted for about 30 percent of transactions—in this increase. Next: Instacart is reclassifying part of its workforce as part-timers to get out of the independent contractor issue, which is threatening to drop an anvil on the sharing economy. We’ll use that as the way in, and also look at other approaches to solving this problem, such as the push to create a “dependent contractor,” which would be the first new job classification in years.
Friday, June 19 2015 10:00 PM
Airing on Friday, June 19, 2015: Apple’s effort to get into the streaming business as a latecomer is creating tension between Apple and the musicians it has long relationships with. The company is playing hardball because the stakes are so high. Next: as part of our series on infrastructure and choke points, "The Weak Link," we bring you the second of two stories on the power grid. We last left you with the Connecticut power grid problem. So how to make it better? Marketplace's Scott Tong reports.
Thursday, June 18 2015 10:00 PM
Airing on Thursday, June 18, 2015: If you had to grade our nation's electricity infrastructure (that is, the power grid) what grade would you give it? One top engineering organization has handed down a D+. That's right; our system of power plants, poles and wires is aging and unreliable. As a part of our series "The Weak Link," Marketplace sustainability desk reporter Scott Tong examines the power grid. Next: Marketplace's Kai Ryssdal talks to Stephanie Savage, the woman who brought the book “The Astronaut Wives Club” to ABC as a summer mini-series. You might remember Stephanie from her previous shows "Gossip Girl" and "The O.C."
Wednesday, June 17 2015 10:00 PM
Airing on Wednesday, June 17, 2015: In our installment of “The Weak Link,” Marketplace explores the 710 gap — a five-mile stretch of highway in LA that has been fought over for almost 60 years. Issues surrounding the highway include NIMBY-ism, bureaucratic tangles, haves vs. have nots, regional politics and lots and lots of money. Marketplace’s Kai Ryssdal explains. Plus: as a part of "The Weak Link" series, we also take a look at the aging cast iron water pipes under the streets of Los Angeles. Many are corroding and they're dangerously vulnerable in big earthquakes. Turns out they're installing earthquake-resistant pipes just a couple blocks from our studios here. Quake-prone Japan has been manufacturing and installing them for 40 years now but they're rare in the U.S. The L.A. Department of Water and Power is now trying them out as part of a pilot project. Reporter Sarah Gardner walked over to the installation site to see what all the fuss is about.
Tuesday, June 16 2015 10:00 PM
Airing on Tuesday, June, 16, 2015: Amid the confusing welter of deadlines, institutions, egos and last-minute talks, we look at where we stand in the Greek debt crisis. It’s an issue that never seems to leave the headlines or come any closer to resolution. Next: everybody knows Californian is going through one of its worst droughts and how it emphasizes the state's reliance on imported water. What's less apparent is how vulnerable the aging water infrastructure is, especially in Southern California. As part of our series "Weak Link," sustainability reporter Sarah Gardner has a different kind of California water story — one that just might "shake" you.
Monday, June 15 2015 10:04 PM
Airing on Monday, June 15, 2015: As more schools invest in technology, a new sort of digital divide has emerged. Kids may have access to the internet and the latest devices in class, but almost a third of families don't have broadband access at home. Marketplace's Amy Scott returns to Oyler School in Cincinnati, where kids are getting a taste of what they've been missing. Next: if you’ve watched “The Sopranos,” you’ve seen the Pulaski Skyway in the opening credits. The New Jersey bridge, the country's first "superhighway," is falling apart. And when a $1.2 billion rehab is complete, the skyway will still be obsolete. As part of our series "Weak Link," we explore.
Friday, June 12 2015 10:00 PM
Airing on Friday, June 12, 2015: The huge transformers that make high-voltage transmission lines possible are expensive, custom-built, not made in America and vulnerable to terrorism, vandalism and nature. So a group of utilities is creating a strategic transformer reserve. Next: last week's huge federal hack has cast light on an unspoken truth about cybersecurity: security companies — in fact all companies — have decided that cyber crime is now a fact of life. You can’t stop it, so all you can really do is mitigate. What does that mean for corporations trying to secure their data, and how does it play out in the security business? We explore.
Thursday, June 11 2015 10:00 PM
Airing on Thursday, June 11, 2015: Retail sales numbers out today look encouraging, but with a background of still-sluggish growth, there are good reasons to be skeptical. How good an indicator of America’s economic state are these numbers? We explore. Next: Marketplace is spending some time this week looking at the issue of affordable housing through the lens of Marin County, a region just north of San Francisco where housing is unaffordable for many. Marin resident George Lucas of Star Wars fame just recently announced plans to use $100 million of his own funds to build a couple hundred units of aimed at lower-income residents on a piece of land he owns called Grady Ranch. Yesterday we heard from folks who say it's exactly what Marin needs. But not everyone has embraced the idea. Marketplace's Krissy Clark from our Wealth & Poverty desk spent some time with those who oppose the plan.
Wednesday, June 10 2015 10:00 PM
Airing on Wednesday, June 10, 2015: Big Pharma is the biggest lobbying force on the Trans-Pacific Partnership. We explore whether opening up trade will drive prices down or allow pharmaceutical companies to raise costs instead. Next: Marin County in California has some of the nation's most expensive real estate. That's why some residents are excited about affordable housing projects like Toussin Senior Apartments. But getting the 13-unit complex built took 19 funding sources, each with its own rules. From Marketplace's Wealth & Poverty desk, Krissy Clark has the story.
Tuesday, June 09 2015 10:00 PM
Airing on June, 9, 2015: Small telecoms companies are merging. But they’re really only creating other relatively small telecom companies. They can’t really compete with the big guys. So why merge at all? We explore. Next: California's mandatory water cuts have kicked in, which means utilities are passing rules about what Californians can and can't do. In a state with nearly 40 million people, that's creating some winning and losing industries. Today we look at one of the winners. KQED's Lauren Sommer has the story.
Monday, June 08 2015 10:00 PM
Airing on Monday, May 8, 2015: Turns out green cards are for sale. For just a half-million dollars, well-off foreigners can jump to the head of a very long line of people who want to move to the U.S. That half million must be invested in a job-creating project here, so many real estate developers are taking advantage of this federal program. As Julie Satow reports, most of those applying for green cards are from China. Next: Lufthansa’s announcement that it will impose a surcharge on tickets bought through price-comparing sites like Travelocity has the travel industry in a tizzy. The surcharge aims to increase Lufthansa's profitability, but it might also cost it travelers.
Friday, June 05 2015 10:00 PM
Airing on Friday, June 5, 2015: The U.S. suspects Chinese hackers took the names, addresses, financial information and, possibly, Social Security numbers of more than 4 million people stored at the government's Office of Personnel Management. We look at the potential cascading effect of the hack. Next in our series Behind the Blue Line: Sally Herships explores the growing number of private cops across the nation as we debate the effectiveness and training of police officers.
Thursday, June 04 2015 10:00 PM
Airing on Thursday, June 4, 2015: Marketplace's Tim Fitzsimons charts the history of the U.S. relationship to the metric system. Though most Americans don’t use this form of measurement, metric is the preferred system for trade and commerce in the country. Next: the potential merger between Dish and T-Mobile has to do with the value of the wireless spectrum—the capacity to stream loads of content to customers. We look at what's in it for the satellite provider and telecommunications company.