The Federal Communications Commission rolled back Obama-era regulations today, ruling that internet providers are no longer required to treat all internet content equally. But what will that look like? And the holiday season is officially upon us, so we check in with the people keeping the $400 billion online shopping industry afloat: an item “picker” at a fulfillment warehouse and package deliverers struggling to meet deadlines with volume up 17 percent this year. Plus, we discuss what companies will do with the trillions of dollars in cash that will come rushing back when the corporate tax is cut to 21 percent, and director Errol Morris tells us about his new genre-defying film.
“Delayed absorption as provided by OxyContin tablets, is believed to reduce the abuse liability of a drug.” That’s a sentence from OxyContin’s original label, and after months of investigation, Marketplace podcast The Uncertain Hour has found it an important factor in setting off the opioid crisis. And today we break down Janet Yellen’s last news conference and review the deal the House and Senate struck to move the tax bill along. Plus, deep dives into how 100-year-old magazine publisher Condé Nast is keeping up with millennials and how a Texas community is struggling to find temporary housing after the most expensive Atlantic hurricane season in U.S. history.
In the aftermath of CVS’ $69 billion deal to buy health insurance giant Aetna, the company wants to turn its MinuteClinics into health care hubs where people can get even more of their basic needs met. But what would it take for this to happen? And since we can’t go one day without talking taxes, we discuss the Treasury Department’s one-page analysis of the bill with Politico’s Ben White. Plus, President Donald Trump signed a bill granting nearly $700 billion in military spending today, Europe’s largest commercial landlord is buying mall operator Westfield for $16 billion, and marriage is half as common for low-income couples as it is for middle- and upper-class adults, making us wonder: What's the effect on children?
We’ve all heard bitcoin is volatile, risky, quite possibly a bubble. So why then the demand for bitcoin futures? We take a look at what happened during yesterday’s bitcoin futures trading launch. And in Saudi Arabia, a ban on movie theaters has been lifted, ushering in what is predicted to be a $24 billion cinema industry to offset the economy’s dependence on oil. Plus, the Environmental Protection Agency adds 21 new Superfund sites, public and private entities alike are scrambling to add more electric charging stations, especially in the American West, and the Trump administration is trying to take credit for killing regulations that are already dead.
Is leaving the coveted 18 to 34 advertising demographic a steep descent into irrelevance, or are advertisers still paying attention to you once you make the jump? Plus, steady she goes … this economy has officially added jobs for 86 months in a row. So why aren’t wages moving? That and more of the week’s economic news on the Weekly Wrap with The New Yorker’s Sheelah Kolhatkar and The Wall Street Journal’s Kate Davidson. And just to squeeze in some more tax plan coverage before the week is out, we look ahead to how the tax changes will hinder or help the Trump administration’s plans to tackle infrastructure in 2018.
Ahead of your regularly scheduled episode of Marketplace this afternoon, we're bringing you the second episode of the new season of The Uncertain Hour. Starting where episode one left off, we find the government and consumer activist Ruth Desmond trying to answer an existential question: How many additives can you put into a jar of peanut butter before it's not peanut butter anymore? Trying to answer it kicked off a multiyear battle that changed the way we think about regulations in this country. The things we fight the most about are the things we know the least about, so subscribe to The Uncertain Hour and visit theuncertainhour.org for more.