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.
Janet Yellen meets with President Obama today to discuss the economy. In her first year she’s offered actions and comments that suggest her ideas of how her version of the economy should look. Plus, the world’s third-largest ad agency, Publicis, looks set to buy a US based digital ad specialist Sapient. Will this deal help the advertising giant keep up with its digital competitors and stay relevant in a changing advertising industry? Finally, Taylor Swift has pulled her music from the streaming service Spotify. We look at the narrow business model that streaming services like Spotify have, how small the payments to artists are and how dependent Spotify and others are on their content.
The U.S., Europe and now Japan are pouring money into their economies to stimulate them. How can they pour in so much money without creating inflation? Plus, a new report shows that Americans pay substantially more for their internet service than people in other countries. And the quality is lower. We examine the details.
We have seen progress in the workforce, which is increasingly diverse, but not in the c-suite. We look into the disparity between diversity in the workforce and the corner office. Plus, the world’s third largest-smartphone maker is now the Chinese consumer electronics firm Xiaomi, according to new data from IDC. The company got there by focusing on China and southeast asia. We introduce the company and its strategy.
The discovery of oil doesn’t always make a country, or a state, rich. Ohio’s governor wants his state to get a proper slice. Plus, the explosion of a rocket bound for the International Space Station yesterday has shifted attention on NASA’s contracting out to private companies such as Orbital Sciences and Spacex. We look at the business of these shuttle companies. Finally, Mark Zuckerberg laid out his plans for the future of Facebook. He says its products like Whatsapp and Instagram are all on the way to a billion users. We look at what the word billion means for businesses.
The Federal Reserve’s Open Market Committee is meeting today and tomorrow and many are expecting it to announce an end to the bond-buying program of the past six years. Are reports of the end of stimulus misleading? Plus, Twitter is not growing users fast enough. How can the social network make itself essential to the masses and investors?
Today we look at why people put themselves in danger in West Africa to help fight Ebola -- especially when they know they could be quarantined for 21 days when they return home. Plus, Apple’s mobile wallet, Apple Pay, was disabled from Rite Aid and CVS stores one week after its launch. What’s at stake? As the fallout continues, what will the impact of this failed deal be on Apple and the stores involved?