Marketplace

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.

Recent Episodes

06-24-2014- Marketplace- Politicians Definition Wealth

A new Brookings report out today suggests that the crisis surrounding student loans may not be what we think it is. The report is based on data from the last 20 years and says that certain areas are worse than others. Graduates, for example, are in tougher spots than undergraduates. We look at where the problems with student loans are most acute. Plus, the Export-Import bank, whose charter is expected to expire at the end of September, faces a dire future as both the White House and Republicans call for its end. What is it and what are its main functions? We explain. Also, we look at how politicians talk about wealth when they talk about wealth: Did you work your way up, did you earn every dollar, or were you just lucky? And does it matter whether it looks like you earned every dollar? There’s earning a lot of money, and there’s being paid a lot of money.

06-24-2014- Marketplace- Politicians Definition Wealth

A new Brookings report out today suggests that the crisis surrounding student loans may not be what we think it is. The report is based on data from the last 20 years and says that certain areas are worse than others. Graduates, for example, are in tougher spots than undergraduates. We look at where the problems with student loans are most acute. Plus, the Export-Import bank, whose charter is expected to expire at the end of September, faces a dire future as both the White House and Republicans call for its end. What is it and what are its main functions? We explain. Also, we look at how politicians talk about wealth when they talk about wealth: Did you work your way up, did you earn every dollar, or were you just lucky? And does it matter whether it looks like you earned every dollar? There’s earning a lot of money, and there’s being paid a lot of money.

06-23-2014- Marketplace- A Carbon Tax?

The White House hosts a Summit on Working Families today, to draw attention to the fact that the US actually has a pretty poor record on paid family leave. It's an important issue in an election year. But to ensure public attention, the summit comes with its own celebrity guest- Mad Men's Christina Hendricks. She will probably get the attention, but there are some real issues here. Plus, Henry Paulson, the prominent Republican and former Treasury Secretary, says global warming will be a bigger crisis of its kind than the financial crisis, and it's time to adopt a carbon tax. Economist Paul Krugman says sure, but politically that's not going to happen. Do you support "second-best" solutions? We look at the higher cost of second-best solutions. 

06-23-2014- Marketplace- A Carbon Tax?

The White House hosts a Summit on Working Families today, to draw attention to the fact that the US actually has a pretty poor record on paid family leave. It's an important issue in an election year. But to ensure public attention, the summit comes with its own celebrity guest- Mad Men's Christina Hendricks. She will probably get the attention, but there are some real issues here. Plus, Henry Paulson, the prominent Republican and former Treasury Secretary, says global warming will be a bigger crisis of its kind than the financial crisis, and it's time to adopt a carbon tax. Economist Paul Krugman says sure, but politically that's not going to happen. Do you support "second-best" solutions? We look at the higher cost of second-best solutions. 

06-20-2014- Marketplace- Monet's Lilies

The federal government's pressure on for-profit colleges that take in billions in federal student aid is close to claiming its first victim. Corinthian, which operates Everett College and Heald College among others, is nearly out of money after the government put a hold on federal grants for its students. The entire industry is sagging. If you're not almost out of money, for $50 million you can own Monet's "Nympheas," one of his most famous water lilies paintings. Or for $14.95 you can own a Nympheas coffee mug. Monet’s lilies are one of the biggest art franchises ever. But just how big? We investigate. Also, Germany's Siemens and Japan's Mitsubishi Heavy Industries sweetened their joint bid for French company Alstom today. GE is also pursuing Alstom's energy-supply business and has a competing offer in for Alstom whose board meets next week to discuss the offers. We explore why the French firm is so sought after. 

06-19-2014- Marketplace- Rowling Out

The World Cup is taking steps to provide more commercial breaks for advertising. How does advertising work in a giant sporting event that features continuous play except for halftime and flops? Plus, American Apparel's board of directors forced out CEO and founder Dov Charney. It's the latest parting with a problematic CEO, from Men's Wearhouse to Groupon.  What calculations and strategy are used when it's time to dump your company's founder? Also, JK Rowling’s new book “The Silkworm” is out today.  Amazon is in a dispute with Hachette, her publisher, and has removed pre-order buttons for her book and those of other Hachette authors from its site. Walmart and some independent booksellers are taking advantage by promoting the books heavily and offering big discounts. We look at their strategy.