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, June 30, 2015: Puerto Rico is in dire financial straits, with its governor saying it cannot pay its $72 billion in debt. He wants to defer payments and negotiate with creditors. We look at what Puerto Rico's options. Next: President Obama announced Tuesday that he will update labor rules to allow workers extra pay for work beyond 40 hours. Marketplace's Scott Tong looks at who, exactly, will be eligible for overtime. Plus: in another sign that for-profit schools are feeling the heat, the University of Phoenix is making big cuts to its associate degree programs, closing some campuses and, for the first time, establishing admissions requirements. Marketplace explores the reasons why.
Airing on Monday, June 29, 2015: Marketplace's Kai Ryssdal is bringing the news to you from the Aspen Ideas Festival. First: Kai talks to David Leonhardt of the New York Times about the breaking news of the day and what it has to do with mobility. Next: Kai talks to Charles “Lil’ Buck” Riley, a dancer who specializes in a style of street dance called “jookin’” and Jose Ferriera, the CEO and founder of Knewton, a digital education company about how education can change your life.
Airing on Friday, June 26, 2015: The Supreme Court’s 5-4 ruling expanding marriage rights to same-sex couples changes the financial landscape for gays and lesbians in the U.S. We tally the implications when it comes to taxes, federal benefits, job mobility and so on. Next: This could be another record breaking weekend at the box office, with three huge movies primed to haul in millions. Hollywood is having quite the summer and it has barely started. But can it last? Marketplace explores.
Airing on Thursday, June 25, 2015: The Department of Education is bailing on its giant college ratings system, but plans to launch a website this summer that will let users compare colleges against a series of yet-unnamed criteria, which may include employment and earnings data and graduation rates. How useful will the site be for students? Marketplace explores. Next: Marketplace's Kai Ryssdal talks to Funny Or Die CEO Dick Clover and President Mike Farah for Marketplace's newest installment of "Conversations from the Corner Office." The team talks about surviving the recession, taking risks and attracting A-list talent,
Airing on Wednesday, June 24, 2015: A merger between Sysco, a marketing and distribution food corporation, and US Foods deal has been put to a halt by a federal judge – a victory for the Federal Trade Commission. But on the retail end, European grocery chains Ahold and Delhaize are merging, which will make them the fifth-largest grocery operator here in the U.S. Next: Marketplace's Kai Ryssdal talks to Judd Apatow about his new book, “Sick in the Head” and about the comedy business. The "Bridesmaids" producer talks about his comedic beginnings, success, and mentoring young comics.
Airing on Monday, June 23, 2015: Massachusetts has scrapped the decades-old method of defining low-income students in public schools based on income information submitted on applications for free and reduced price lunch. The new measure relies on whether families receive food stamps and/or other welfare benefits. The shift has “reduced” the number of kids classified as poor. Marketplace looks at this new assessment, its potential impact on school funding and whether it will catch on in other states. Next, Darden Restaurants, owner of Olive Garden and LongHorn Steakhouse, announced plans to separate part of the business into a real estate investment trust (REIT). Four hundred and thirty of its 1,500 restaurants will be spun off, and then leased back. Marketplace looks at how this spin-off/lease-back works, and how the real-estate play makes money for Darden and other companies using it.