Every weekday on Marketplace, Kai Ryssdal hosts a lively and unexpected exploration of the day’s business and economic news from Wall Street to your wallet.
Today on the show we're looking at the all the Steves on Donald Trump's economic team, what the July jobs report means for wages, and when the Olympics used to make money. Plus, the return of our series "Summer Brought To You By."
On today's show we're answering the big questions: Why Wal-Mart would want to buy Jet, which cars are the most prone to hacking and how New York cleared daily fantasy sports. Then: Hillary Clinton has spent around $97 million more on TV ads than Donald Trump and super PACs supporting him. His campaign has the money, what gives? Finally, we look at the gamble Warner Bros. is taking on this weekend's "Suicide Squad" and take a superhero sound quiz.
Hackers stole $65 million from a bitcoin exchange in Hong Kong, causing a 20 percent drop in the currency's value, why a highly secure currency is still vulnerable to hackers; Marketplace's China Correspondent Rob Schmitz asks Chinese people in Shanghai what they think about the American presidential election this year and who they would vote for if they could; and how athletes and other non-sponsors are pushing back against strict Olympic committee rules on advertising.
The cost of casting a ballot this November can mean thousands of dollars for non-citizens; why Google is sending YouTube stars to livestream the Olympics; and Japan announced today a huge stimulus program that includes spending on infrastructure, an approach both Donald Trump and Hillary Clinton have both shown support for to accelerate economic growth, but is it worth it?
Why U.S. manufacturing companies tend to succeed in China while tech companies like Uber tend not to; how driverless cars might impact the car insurance industry; and Democrats are calling for reforming the Federal Reserve, but is that necessary?
Facebook and Google's mobile ad domination, the war over pool toys and Exxon's tanking profits. Plus: Work and housing discrimination toward LGBTQ people is still legal in 31 states. We look into the cycle of poverty, that helps create, particularly among trans people of color.