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 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.
Airing on Friday Dec. 5, 2014: Tesla is building a battery factory outside of Reno that has electric companies scared. The idea is to build batteries that can store the solar power collected by rooftop solar panels. Plus, Starbucks has plans to open dozens of stores selling pricey craft coffees. The gourmet coffee trend is spreading to hip neighborhoods across the country.
Airing Thursday Dec. 4, 2014: The US fertility rate edged down last year to a record low. The now-5-year-old economic recovery has yet to translate into an upturn in births. Plus, if someone were to pen the story of Barnes & Noble today, booksellers would probably file it under mystery. We take a look at the future of the Nook.
Aired Dec. 3, 2014: The House is voting on whether to bring back certain tax credits that expired at the beginning of the year. It raises the question: Why do they expire in the first place?
Struggling with falling oil prices and continued sanctions, the Russian ruble just suffered its biggest one-day fall against the U.S. dollar in more than two decades. Plus, newly reported auto sales figures are strong. We look at the factors driving sales, including the improving economy and heavy discounts. Finally, working out can benefit your body and your bank account, beginning this month in Massachusetts. Pact Health is an add-on benefit that lowers your insurance deductible if you work out while wearing a health-tracking device.