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 Friday, July 15, 2015: The International Monetary Fund says it won't support a Greek deal that doesn't include debt relief. We explain how debt relief works, and why it is a) so central to this issue, and b) so contentious, both economically and politically. Next: the Department of Labor has waded into the ongoing fight over what types of workers should be considered employees in the sharing economy. Though the guidance is not a formal change in policy, a 15-page memo says the definition of employee isn’t quite as narrow as some firms might prefer.
Airing on Tuesday, July 14, 2015: From Athens, Marketplace's Kai Ryssdal talks to Nick Voglis, a sandwich-shop owner, about the changes to his business and life wrought by the Greek debt crisis. Plus, on the day a deal is announced with Iran, we look at one aspect of the untapped potential it presents: its people. Demographics are on Iran’s side right now. Iran has a young, educated, mostly middle-class population — what opportunities does this offer the country? What does it offer U.S. and other international companies wanting to do business there? We explore.
Airing on Monday, July 13, 2015: Marketplace is reporting to you live from Greece, where we explore the details of the Greek bailout and talk to citizens about their struggles coping with the country's debt crisis. Plus: A look at Greece's currency woes. When it was introduced, the euro was a uniting force in Europe — a currency shared across borders. But it has morphed into a weapon, perhaps one just as powerful as any used in centuries’ worth of European battles. Not only has the shared currency kept Greece from offsetting fiscal austerity with easy money policies, but the euro has also backed Greece into a corner; it needs to meet European demands or it will run out of currency.
Airing on Friday, July 10, 2015: Following the hack at the Office of Personnel Management, we look at the state of the social security number: our lives are organized around it, but having one number also creates a big red target for hackers. And the more these numbers are hacked, the less secure social security numbers are. How does that change the system? Will providing your social security number still be the ultimate way to prove your identity going forward? Marketplace explores. Plus: Medicare is changing the way it pays for two of the most common medical procedures in the nation: hip and knee replacements. Right now, the cost and quality of those replacements is all over the map. The solution is to bundle the payment — that is, give providers one pot of money to manage costs all the way from prep to surgery to discharge. We unbundle what this bundling means.
Airing on Thursday, July 9, 2015: When asked how they want to die, most Americans say at home, surrounded by loved ones. But most Americans die in hospitals, intensive care units or nursing homes. That’s one of the reasons why Medicare’s decision to reimburse doctors for conversations with patients about end-of-life care is so significant. We look at what that will mean for the broader medical landscape, and what it means for doctors and patients. Next: Paramount Pictures is attempting to shorten the window between a movie’s theatrical release date and its availability on home entertainment platforms. It will give theater chains Cineplex and AMC a cut of the revenue it makes from early release sales.
Airing on Wednesday, July 8, 2015: The government has maintained a stockpile of helium for about 80 years now. And it’s the subject of a hearing on Capitol Hill today, following an audit critical of the reserve in April. We look at why the government is in this business and the applications for helium. Next: Dungeness crab is one of the most valuable fisheries on the West Coast, worth close to $300 million annually. But crabbers have been idle for weeks because an algae bloom is having a toxic effect on shellfish. KUOW'S Ashley Ahearn reports.