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.
Airing on Monday Dec. 15, 2014: What have the Sony leaks revealed about the company's corporate strategy? And what can Sony do to prevent further dissemination and exploitation of this information? Plus, PetSmart was acquired for $8.7 billion by BC Partners. We take a closer look at the buyout. Finally, President Obama nominated investment banker Antonio Weiss for treasury undersecretary. We take a look at the job description for this position.
Airing on Friday Dec. 12, 2014: If there’s a global surplus of oil, where's it sloshing around? We look at how countries are stockpiling. Plus, with inflation low, we ask what's the ideal rate. Finally, American household debt has fallen in comparison to incomes. We investigate the “magic number” for debt loads in a healthy economy.
Airing on Thursday Dec. 11, 2014: We explain everything you need to know about derivatives. Plus, Americans are saving a buck a gallon on gas these days. Where’s that extra money going? Finally, Instagram just passed Twitter in monthly users and announced yesterday that it plans to start cracking down harder on fake followers.
Airing on Wednesday Dec. 10, 2014: Uber’s reputation has taken a few big hits just this week. We look at the damage to Uber's reputation and ask what it can do to recover. Plus, we take a look at the United Nations climate change conference. Some countries that formerly held back are now stepping forward.
Airing on Tuesday Dec. 9, 2014: Members of the Federal Reserve's Open Market Committee have entered their quiet period ahead of next week’s meeting. We look at how they are handling interest rates. Plus, falling oil prices are good, right? In a fossil-fuel based global economy, the consumer winners greatly outnumber the oil-producer losers. Finally, we look at businesses that benefit from a security breach like the Sony hacks. They don’t just profit off the victims, but off the fear of would-be victims.
Airing on Monday Dec. 8, 2014: Are big drug companies finally being persuaded to research new antibiotics as opposed to more profitable drugs for cancer and chronic conditions? Plus, Cosmopolitan and CoverGirl just announced their joint sponsorship of New York Time Square’s New Year’s Eve celebrations for 2015. Finally, the dollar is up. Which is great, isn’t it? Well, maybe not if you’re an emerging economy.