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.
China's high levels of steel production have caused a global glut, and that's not good for their economy or anyone else's; weighing the economic impact of the UK leaving the EU with the Brexit vote a few weeks away; and the story of one hedge fund manager who quit Wall Street to make art.
Why elections are bad news for the economy; people in Colorado can now legally collect water in a rain barrel; and breaking down the jobs report with the Weekly Wrap.
The ride-share app Uber has secured a $3.5 billion investment from Saudi Arabia; Truck divers are striking over employment status, Marketplace's Andy Uhler takes a look at how the debate is affecting the six hundred billion dollar industry; and how thirty-somethings in Oakland have developed co-ops in response to the lack of affordable housing.
The Organization for Economic Cooperation and Development warns that the global economy is falling into a "low growth trap;" Disney order's reportedly orders re-shoots for the new Star Wars movie, "Rogue One;" and Marketplace's Rob Schmitz follows up with one of the women profiled in his new book "Street if Eternal Happiness: Big City Dreams along a Shanghai Road"
Today's episode goes inside Verizon's American call centers and inside the heads of American consumers. Plus: Only about half of welfare funding actually goes to cash assistance, work or child care. What happens to the rest?
On this Memorial Day episode: Military spouse employment, home prices and part of our new podcast "The Uncertain Hour."