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 17, 2015: Housing starts jumped in June, led by a 29 percent increase in apartment and condo construction. That creates fewer jobs than the single-family house market, but these monthly numbers are also highly volatile. Next: Word is that Hulu will go to a two-tiered structure of free with ads — or no ads for a fee. It's just the latest service to offer what will likely be to the luxury crowd a way to bypass advertisers. If this really picks up steam, what will advertisers do when big spenders are out of reach? Marketplace explores.
Airing on Thursday, July 16, 2015: Canada weathered the financial crisis better than most countries, but it also went all in on oil production. So now that oil prices have fallen by half, the economy is also falling, and Canada is in recession. Plus: There's a serious challenge to the all-powerful family that controls Samsung. An American hedge fund is fighting for a merger it calls a bad deal for shareholders. Samsung is pulling out all the stops to win the vote, which happens Thursday night.
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.