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.
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.
So the Dow didn't hit 20,000 today, but when it does, what's the big deal? We often say the stock market isn't the economy, but the Dow isn't even the whole market. Also on today's show: If you haven't returned your Samsung Note 7, you should probably do that soon because several carriers plan on releasing an update to end all updates. Lastly: A look ahead at how Trump might approach job growth with unemployment already under five percent.
Christmas shopping is over but Christmas returns are just getting started. An estimated 10 percent of holiday presents will be returned. We look at the logistics of sending gifts back and how brick-and-mortar stores might profit. Also: The nation's second-largest union, the Service Employees International Union (SEIU) plans to cut its budget by 30 percent over the next year. Unions expect to defend workers' rights effectively with less spending when it also believes those rights may be threatened by Republican control of the federal government. Finally: An ode to Carrie Fisher and the many jobs you might not know she had.
As Trump continues his transition, we take a look at the role of the Council of Economic Advisers. They're kind of like the president's personal think tank. Also on today's show: Why drug resistance to infections and diseases is becoming a global economic problem. And on a lighter note: Ever wonder how hops are priced? You asked, we answered for the latest installment of I've Always Wondered...