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.
There’s a gap between the payroll jobs report and the household jobs report. We explore possible explanations for the difference. Next, the Sochi Olympics are finally here, and NBC is time-delaying its broadcasts of the spectacle -- but are they actually losing audience or profits by its delayed broadcast strategy? The perennial debate. Finally: Apple is buying back its stock. Big time -- $14 billion’s worth over the last two weeks.
The jobs number appears to be falling out of favor with economists. So when it comes to jobs, which number should we trust? Plus, people's drinking habits are changing -- and Green Mountain Coffee is reaping the benefits. Coca-Cola is buying a 10 percent stake in the company. We look at what’s in it for Coke, and what’s in it for consumers, as people’s drinking habits change. Finally, more and more banks are introducing fees for checking accounts and withdrawing the availability of free checking accounts. We look at why the banks have to find ways to boost their revenue streams.
CVS is giving up the smokes, and turning itself into more of a healthcare company. We look at the economics of the new, healthcare focused pharmacy, and ask what CVS’ move means for the pharmacy business. Next, Twitter has spent one year in the public eye. As its earnings come out today, we look at what it needs to do to keep growing in the future. Then, if you attend the Sochi Olympics, you’ll see a big presence by U.S. corporate sponsors -- but not so much here at home. Corporate spnosors are keeping a low profile in the U.S., for fear of bad associations with Russian corruption. And finally: The latest battle in the fight over unequal pay for women is the compensation package for GM's new CEO, Mary Barra. She'll receive about $4.4 million, compared to the $9 million her predecessor Dan Akerson made.
Microsoft hired a CEO today, after 6 months debating: Insider or outsider? It’s a decision that many companies wrestle with, raising questions of expense, innovation, familiarity and more. Next, the markets have now fallen about 8 percent, and we take a look at the concept of "correction." What does it take to make a "correction" officially? Plus, how the Affordable Care Act could shrink the workforce. The Congressional Budget Office's newest numbers suggest folks will stop working, while others will work fewer hours. And finally, tech companies are signing on to President Obama’s push to connect all school children to the internet, offering $750 million in hardware, software and internet access. What do these companies stand to gain?
Much of the talk about emerging markets has been about the Fed’s decision to cut back its stimulus program. But there’s something else driving emerging markets down: China. Next, Cleveland now goes the way of St. Louis, Pittsburgh and other former airline hubs, as United announces a streamlining of its routes. We take a look at the factors that go into gateway airports losing their influence and their role, and the wider repercussion for the host city. And finally, there has been a spate of public job leaving – most recently a woman who quit in a Super Bowl ad in front of 100 million people. Why? Is this a hopeful sign that the economy is improving?
Amazon is wrestling with the cost of its Prime program. The membership club brings in lots of loyal customers, but also costs it lost of money. Plus, more than 70 business groups have formed a coalition to confront the Obama administration’s energy regulation process at every step. They want to protect their interests as the EPA regulates coal-plant emissions and then, they expect, moves on to other fossil fuels. Finally: Who has not returned to home ownership? If housing is a key economic driver Rents are high, and with wages flat, equity growth is a way to make money. How does the trend affect the economy,