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.
Markets rallied after President Donald Trump's largely detail-free speech before Congress last night. We'll look at why and take a closer look at Trump's claims about unemployment. Then, how can Travis Kalanick can right the ship at Uber after yet another PR hit? Plus, Kai talks with Dara Khosrowshahi, CEO of Expedia and an Iranian immigrant, about Trump's travel ban.
President Donald Trump will address a joint session of Congress tonight for his first don't-call-it-a-State-of-the-Union. He's expected to touch on a lot, including his budget. Crafting a federal budget isn't a zero-sum game, and it'll be a big test of Trump's "run the country like a business" ethos. Plus, under the White House's budget plan, the State Department is in the crosshairs. What happens when you cut funding for soft power? Plus, YouTube's new TV service and the latest in our My Economy series.
President Donald Trump will outline his approach to budgeting tomorrow in a speech to a joint session of Congress. It goes like this: a big boost to defense spending and no cuts to entitlements like Medicaid or Social Security. That means reductions for domestic programs. But Trump's budget proposal really changes very little about the nation's spending priorities. Later in the show, we'll talk with Wisconsinites who are watching Trump's promises very closely, and, of course, we're talking about the Oscars.
The artist Yayoi Kusama is known for her infinity room installations that make you feel like you’re in, well, an infinite room. She’s also known for the blocks-long lines people will wait in to spend a few minutes inside one of them. We explore the financial conundrum of orchestrating a blockbuster show centered on installations that only accommodate a few people at a time. Plus, a look inside the constellation of immigrant visa programs that are on the table for reform, and, of course, a roundtable about what happened this week with Nela Richardson of Redfin and Catherine Rampell of the Washington Post.
Just because foreign companies can now invest in Mexico’s state-owned energy agency Pemex, it doesn’t necessarily mean they will. Seventy-five years of monopoly bred messy finances, debt, nepotism and corruption. But it’s too big an opportunity for some to pass up, and we’ll likely see U.S. companies involved with Pemex’s modernization. Next, our sustainability desk visits tech startups that are figuring out better places to put carbon dioxide than into the air — and some of their solutions make pretty useful products. Plus, the coal conversation continues with an update from Wyoming.
We’ve been hearing a lot about coal lately. Coal mining country came out strong for Trump, who has been promising to bring back mining jobs. We discuss the reality of the boom-and-bust industry with residents in one Illinois town who wonder if they’d be better off without it. From the latest installment of Corner Office, we’ll hear the unlikely story of how the “La La Land” soundtrack came to be from the man who made it happen: John Janick, CEO of Interscope Geffen A&M Records. Plus, how closely are you being watched at work? Companies are making inconspicuous sensors that track a wide range of employee behavior at the office.