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.
In theory, a growing economy and tighter labor market mean increasing competition among employers, which should push wages up. That's still not happening. Plus. Time Warner Cable and AOL merged 15 years ago, and almost immediately fell behind the times, partly due to the culture clash that occurred when old and new media became one. Also: President Obama proposes making two years of community college free. What would that accomplish?
Airing on Thursday, January 8, 2015: Obama pushes a plan to lower some mortgage premiums by $900 a year. What does that mean for the housing market? Plus, we look at the evolution of the 40-hour workweek in light of a Republican push to define "full-time employment" for the purpose of health insurance eligibility under the Affordable Care Act. Finally, cheaper versions of biologics – drugs made out of living cells – could hit the market soon. We run the numbers.
Airing on Wednesday January 7, 2015: Europe officially has deflation, and its economy is weak. But is some deflation better than others? Plus, Intel throws $300 million at workplace diversity problem, which is really a pipeline problem. Can you fix the pipeline? If so, will $300 million make a dent?
Airing on Tuesday January 6, 2015: At the Consumer Electronics Show in Las Vegas, there's an explosion of gadgets that would place sensors throughout your home. Plus, ESPN has always been the key network for cable bundles, but now Dish is offering ESPN pretty much by itself. How can they do that? Finally, Coach will pay as much as $574 million to buy luxury shoemaker Stuart Weitzman.
Airing on Monday January 5, 2015: Germany's chancellor, Angela Merkel, is the latest to warn of a Greek exit – or "Grexit" – from the Eurozone if the anti-austerity Syriza party comes to power. We look at whether a "Grexit" would harm Europe more now that it would have a few years ago. Plus, why falling gas prices could lead to new taxes on gas.
Airing on January 2, 2015: The first college football playoffs are upon us, and they are a huge moneymaker for football and colleges. The biggest question may be how quickly they can be expanded. Plus, we uncover the story behind a notoriously creepy Domino's mascot from the 1980s, the Noid.