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.
The National Institutes of Health has loosened up restrictions on peanuts, which is good news for the industry and for parents, who spend billions on food allergies. Today brought bad news for Macy's, which announced closings and dismal earnings over the holiday season. Plus, why Wired magazine is going sci-fi and when the vet is big business.
In both the U.S. and across the pond, politicians won on their promises to dismantle trade deals. In the new year, delivering on those promises could be tough. Then: President-elect Donald Trump's secretary of State pick, Rex Tillerson, was close to retiring with millions in deferred stock. Now he's cashing out to avoid a conflict of interest. Plus, how car companies prepare for a driverless future and the latest from CES 2017.
Congress started a new session today, and that means the renewed Republican effort to repeal Obamacare is underway. Plus, President-elect Donald Trump's trade rep pick and his tweets at GM. Finally, the race to build artificial intelligence to find and scrub fake news.
Online sales for the 2016 holiday season are expected to total about $91.6 billion, an 11 percent jump from last year, according to Adobe. We look at how that impacted delivery services. Also on today's show: Molly Wood talks to New York Times tech writer Farhad Manjoo about his piece “The Gadget Apocalypse Is Upon Us.” We also talked to "Arrival" screenwriter screenwriter Eric Heisserer about why making an alien movie without the explosions and battles is difficult to do.
Lizzie O'Leary is joined by Linette Lopez of Business Insider and John Carney of the Wall Street Journal for the weekly wrap. On this week's agenda: A look back at the year in economics and predictions for 2017. We also talk to senior education correspondent Amy Scott for a look at the big education stories she'll be watching in 2017. Finally: 2016 ends tomorrow, which means most of us will be watching the countdown on TV. Other broadcast networks are trying (and so far, failing) to dethrone ABC's "New Year's Rockin' Eve."
Donald Trump has made cutting the U.S. trade deficit one of the centerpieces of his trade agenda. But are trade deficits necessarily a bad thing for the economy? Also: The White House announced sanctions against Russia in retaliation for cyberattacks today. We spoke with Nick Wadhams, foreign policy reporter for Bloomberg, about the response. Millions of refugees have left their home country for a better life in Germany. Marketplace Tech host Ben Johnson looks at how Berlin’s tech industry is helping to resettle refugees.