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.
A. Lot. Happened. This. Week. We're here to wrap it up. Leigh Gallagher of Fortune and Sudeep Reddy of Politico join host Kai Ryssdal to review the week that was. We'll also talk about that 5,700-word letter posted yesterday by Facebook CEO Mark Zuckerberg and what it all means. We also hear from a CEO in California who says the state's increase in minimum wage has been great for his business.
There was a time when a North Korean missile launch, a Russian spy boat, a resigned national security adviser and a couple of disastrously rolled out executive orders might have been very bad news for Wall Street and stock prices. Not anymore. We'll look into that, plus President Donald Trump's new pick to head the Labor Department and the measure the government uses to decide what's "too big to fail." Plus, more dispatches from America's downtrodden steel towns and a bit on Trump's press conference today.
Andy Puzder is out. President Donald Trump's pick to head the Labor Department has had a tough path to confirmation, and today he finally withdrew his nomination. We'll talk about what happened and what's next. Then: For nearly a century, the aluminum industry provided some of the best-paid manufacturing jobs in rural America. In Massena, New York, layoffs hit hard as domestic production moved on. Plus, how IRS rule changes affect Obamacare and the stalling gender diversity on Wall Street.
Thanks for spending your Valentine's Day with us. Our stories today aren't romantic but they are important. First up, we'll look at how businesses are responding to a GOP border tax proposal. Then, Kai and Molly answer listener questions in a "Make Me Smart" lightning round. Plus, sweeping changes at America's fish markets and Fashion Weeks.
President Donald Trump and Canadian Prime Minister Justin Trudeau met for the first time today, and at a joint press conference Trudeau stressed the two countries' trade relationship. Could Canada be the one to save NAFTA? Then: Most Americans aren't saving enough for retirement, and those who are saving often raid their funds for big and unexpected expenses. We'll look at different saving plans that can keep you from self-sabotage. Plus, the economics of pilot season and why smart cars need smarter roads.
The chair of the White House Council of Economic Advisers is usually part of the cabinet, but not in Donald Trump’s White House. We'll talk about that demotion, plus the new late-night TV war brewing under Trump. Then, as we consider a leaked border wall budget, we look at policing in both Nogales, Arizona, and Nogales, Mexico. Plus, as always, we discuss the week in business news.