Marketplace

Marketplace delivers business news that matters, from your wallet to Wall Street. It’s smart, literate and witty approach is designed to appeal to both business professionals and non-business people. Public radio’s premier business news show is hosted by Kai Ryssdal.

Feb 22

02-22-12 Marketplace

The new Consumer Financial Protection Bureau is cracking down on checking account overdraft fees charged by banks. President Obama has proposed a lower corporate tax rate and an end to dozens of loopholes that help U.S. companies move jobs and profits overseas. Reporter Adriene Hill catches up with the Class of 1986 from Ferris Bueller's high school. And Freakonomics Radio's Stephen Dubner discusses the hidden side of trying to boost employee morale.
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Feb 22

02-22-12 Marketplace Morning Report

The Obama administration is expected to announce a plan to cut the federal corporate tax from 35 percent (that's the second highest rate in the world) down to 28 percent. The consumer sentiment figure is a measure of how consumers are feeling about the economy and it's put together by Thomson Reuters and the University of Michigan. The nation's most populous state, California, had a brush with fiscal calamity this month, and lawmakers had to scramble recently to close a $5 billion budget shortfall.
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Feb 22

02-22-12 Marketplace Mid-day Update

The Obama administration is expected to announce a plan to cut the federal corporate tax from 35 percent (that's the second highest rate in the world) down to 28 percent. The consumer sentiment figure is a measure of how consumers are feeling about the economy and it's put together by Thomson Reuters and the University of Michigan. The nation's most populous state, California, had a brush with fiscal calamity this month, and lawmakers had to scramble recently to close a $5 billion budget shortfall.
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Feb 22

02-22-12 Robert Reich Commentary

The GOP candidates and President Obama all have plans to boost manufacturing, but commentator Robert Reich says they're mostly wishful thinking.
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Feb 22

02-22-12 Marketplace Tech Report

The advertising arm of Google is getting a lot of heat lately about tracking people who use Apple's Safari and Microsoft's Internet Explorer web browsers. Safari does allow for some cookies to be placed on users but only from the site that they’re actually visiting, and Safari is not supposed to accept advertising cookies. There’s now a class action lawsuit against Google from a group of Safari users. Also, another installment of Tech Report Theater.
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Feb 21

02-21-12 Marketplace Mid-day Update

All week, our own Jeremy Hobson will be broadcasting from Michigan as part of our Election 2012: The Real Economy coverage. Today, he speaks with Republican Governor Rick Snyder about the state's economic recovery. Michigan was a big recipient of bailout money -- and speaking of bailouts, Greece will receive another round of money from its European partners.
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Feb 21

02-21-12 Marketplace Tech Report

A medical breakthrough in Belgium could provide for new possibilities in cosmetic medical work. A patient had a severely infected jaw and it had gotten so bad it needed to be replaced. Dr. Jules Poukens tried an alternative approach: 3D printing. It’s a relatively new technology that has been making great strides recently. Fundamentally, it’s just like regular printing except instead of an image, you make an object. Also, taking a look at the PlayStation Vita.
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Feb 21

02-21-12 Marketplace

"Burn" host Alex Chadwick discusses the newly released audio recordings from the day of the Fukushima Daiichi nuclear meltdown last year. Walmart's fourth quarter earnings slumped by nearly 15 percent due to its low prices. Sony will soon release its handheld gaming device, Playstation Vita. Will it be a success? Journalist Tracie McMillan talks about her journey to see what it takes to eat well in America. And we visit the high school where "Ferris Bueller's Day Off" was filmed to learn more about how life turned out for the actual students there.
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Feb 21

02-20-12 Marketplace Morning Report

All week, our own Jeremy Hobson will be broadcasting from Michigan as part of our Election 2012: The Real Economy coverage. Today, he speaks with Republican Governor Rick Snyder about the state's economic recovery. Michigan was a big recipient of bailout money -- and speaking of bailouts, Greece will receive another round of money from its European partners.
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Feb 20

02-20-12 Marketplace

China's Foxconn factory is finally raising wages for its workers. When you give money to a political campaign, do you know how it will be used? A second European bailout is in the works for Greece. With Medicare payments to doctors set to shrink, Congress has found other ways to make up the difference. And China correspondent Rob Schmitz reports on the efforts of a senior citizen who's fighting against counterfeit products.
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Feb 20

02-20-12 Marketplace Tech Report

Congress is debating a cybersecurity bill that would make the Department of Homeland Security responsible for evaluating and regulating companies that are considered critical to American infrastructure. But the bill has a lot of critics. Also, we hold a three-part tech funeral for technologies that have passed into the spirit realm.
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Feb 20

02-20-12 Marketplace Morning Report

The group that runs the Medical College Admissions Test -- or MCAT -- is rolling out a new exam in 2015 that will include questions about the psychological and social underpinnings of medicine. Ohio is betting big on casinos, opening up gambling later this year in Cincinnati, Cleveland, Columbus and Toledo. As outdoor outfitter L.L.Bean celebrates its centennial this year, one of the company's oldest products is making a comeback. Happy President's Day!
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Feb 20

02-20-12 Marketplace Mid-day Update

The group that runs the Medical College Admissions Test -- or MCAT -- is rolling out a new exam in 2015 that will include questions about the psychological and social underpinnings of medicine. Ohio is betting big on casinos, opening up gambling later this year in Cincinnati, Cleveland, Columbus and Toledo. As outdoor outfitter L.L.Bean celebrates its centennial this year, one of the company's oldest products is making a comeback. Happy President's Day!
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Feb 17

02-17-12 Marketplace Index

A week ago, the $172 billion Greek bailout seemed signed, sealed and delivered. But it turns out there’s still some heavy lifting to do before this Sisyphusian chapter in European financial history is ready to be closed. The Greek saga's starting to feel like reading a book on a Kindle…you’re never quite sure if you’re close to the end. Barry Ritholtz, author and head of Equity Research at Fusion IQ, is starting to think the never-ending Greek bailout story is designed to inure us to the drama. And the Daily Pulse is up on news that Italian police seized fake U.S. Treasury bonds worth $6 trillion...yep, with a "T."
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Feb 17

02-17-12 Marketplace

Google is once again in the hot seat for its privacy practices. The federal government plans to raise money by auctioning electromagnetic space. Making claims of military bravery may land you a nice date or a better job, but commentator Scott Lyon says lying about it is damaging to real veterans. And the streets of Athens are raging in fury over the new austerity measures and reforms -- but while some burn down government buildings, others express their frustration through the arts.
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Feb 17

02-17-12 Marketplace Morning Report

Ford CEO Alan Mulally discusses the driving forces behind his company's turnaround and what makes Michigan unique. From Detroit to down South, where reality TV producers are mining the stories of rural folks. Food companies grapple with higher ingredient costs. Rising gas prices are likely to eat all of the payroll tax break. Britain and France are set to sign a nuclear energy deal. And hidden taxpayer costs in the mortgage settlement are emerging.
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Feb 17

02-17-12 Marketplace Tech Report

Scientists working at the Massachusetts Institute of Technology have successfully tested a system to deliver medicine into a patient's body thought an implanted chip. This means that the patient doesn't have to worry about filling a prescription or remembering to take medicine at the right time -- it's all done for them. A timer in the chip knows when to release the medicine or can even be set up to sense when the body needs a new dosage. Also, another edition of the Robot Roundup.
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Feb 17

02-17-12 Marketplace Mid-day Update

What's the driving force behind Ford's turnaround? CEO Alan Mulally discusses from Detroit. Down South, reality TV is looking for new voices in the backwoods. Prices are rising -- for both food ingredients and gas. Britain and France are set to sign a nuclear energy deal. Whitney Houston's estate isn't making much money from all those "I Will Always Love You" plays. We explain why. Plus, what does the spectrum auction mean? And are taxpayers bailing out the banks again?
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Feb 17

02-17-12 Marketplace Money

America Saves Week is upon us. So save, save, save, people!!! We'll look at the history behind why we don't, and hear from someone who's sick of doing it. Savers in Greece will likely be losing some of their nest eggs as austerity measures start to kick in. The country hopes a new property tax will get it out of debt, but it's pushing some citizens to the brink. And it takes hundreds of hours and tens of thousands of dollars to get a pampered canine into the Westminster Dog Show. We visit Madison Square Garden and the madness therein. We also look at pet health insurance and how we make the decisions we do about our pet's health.
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Feb 16

02-16-12 Marketplace Morning Report

Rupert Murdoch is facing tensions with his staff at The Sun after nine of its journalists were arrested in the last few weeks for alleged corruption. The rental car market in the United States has been dominated by American brands, but that could soon change. Commercial real estate experts are starting to see what will become of the hundreds of Borders store spaces that closed last year.
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Feb 16

02-16-12 Marketplace Mid-day Update

Rupert Murdoch is facing tensions with his staff at The Sun after nine of its journalists were arrested in the last few weeks for alleged corruption. The rental car market in the United States has been dominated by American brands, but that could soon change. Commercial real estate experts are starting to see what will become of the hundreds of Borders store spaces that closed last year.
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Feb 16

02-16-12 Marketplace

What do Americans think about President Obama's budget proposal? Frank Newport, editor-in-chief of Gallup, offers the data in "Attitude Check," Marketplace's partnership with Gallup. General Motors' profits were way up last year, but the company's prospect for 2012 might not be so hot. A small tech company in Asia claims it owns the legal rights to the name "iPad" in China, and it's seeking to ban all shipments of the new iPad from the country. Kai Ryssdal talks to fashion journalist Kate Betts about the latest fashion trends amid economic recovery.
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Feb 16

02-16-12 Marketplace Index

Today's teachable moment: stock prices tend to go up when the economy seems more secure. Claims for U.S. jobless benefits unexpectedly fell to a four-year low last week. Experts see that pointing to slightly better times in America. Stephen Wood, the chief market strategist at Russell Investment Group, says it's now a case of two economies -- Europe and the U.S. And the Daily Pulse is down today on this realization: no matter how you spin it, the housing market in America is still broken. The National Association of Home Builders/Wells Fargo Housing Opportunity Index was at its highest point in 20 years today. So what?
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Feb 10

02-10-12 Marketplace Morning Report

First Lady Michelle Obama's plan to make Americans healthier isn't stopping at school lunch; she now wants the military to shape up as well. Greeks are striking again today to protest deep cuts the government wants to make in order to get more bailout money. The unemployment rate dropped last month to 8.3 percent, but some economists say the news isn't as good as it sounds. And big drinks companies are fighting in what some might call "whiskey wars."
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Feb 10

02-10-12 Marketplace Tech Report

Imagine if your car insurance company and your in-car navigation device started talking to each other. Progressive and other insurance companies in the U.S. have been playing with this general idea of tracking you while you drive -- and it's already happening in the U.K. Also, The Pew Center for the Internet and American life says adults are mostly happy when they’re using social networks.
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Feb 10

02-10-12 Marketplace Mid-day Update

First Lady Michelle Obama's plan to make Americans healthier isn't stopping at school lunch; she now wants the military to shape up as well. Greeks are striking again today to protest deep cuts the government wants to make in order to get more bailout money. The unemployment rate dropped last month to 8.3 percent, but some economists say the news isn't as good as it sounds. And big drinks companies are fighting in what some might call "whiskey wars."
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Feb 10

02-10-12 Marketplace Index

While it looks to some like Greece just won't take its bitter medicine and accept deep austerity measures proposed by its eurozone partners, others say more austerity is essentially political theater. Dimitiri Papadimitriou, the head of the Levy Economics Institute of Bard College, says the European Central Bank, the European Union and the International Monetary Fund cannot realistically expect them to be implemented. And the Daily Pulse is down a beat today on news that Americans are less enthusiastic about spending their hard-earned cash than we were a month ago. With gas prices up and wages flat, it's no surprise that today's consumer-sentiment index was down.
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Feb 10

02-10-12 Marketplace Money

Host Tess Vigeland is reporting from New York City, surrounded by fabulous frocks on display for Fashion Week. And what we're seeing on the runways could eventually end up at a Target store near you. We'll look at how haute couture ends up with an affordable price tag. If you're job hunting, here's what not to do: Send out hundreds of resumes. Some advice for getting noticed in the job market. And the thought of Valentine's Day may break your heart, but it doesn't have to break your bank. We're celebrating February the 14th on the cheap.
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Feb 10

02-10-12 Marketplace

President Obama shifts the responsibility of providing contraceptive coverage from religious institutions to insurers. Political contributions often flow to the most successful candidate. The European Commission has new guidelines out regulating the sounds electric vehicles can and can't make. And Kai Ryssdal talks to Shaun Donovan, Secretary of Housing and Urban Development, on the intent of yesterday's foreclosure settlement.
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Feb 09

02-09-12 Marketplace Mid-Day Update

The Obama administration and almost every state have reached a settlement with the country's largest banks over allegations of abusive foreclosure practices. We check in with the Mayor of Los Angeles on his vision for the city, which is the second largest metro area in the U.S. A new survey out by the Pew Research Center shows that young adults have been hurt the most in the recession. And bankruptcy lawyers are warning that the latest "debt bomb" will come from student loans.
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Feb 09

02-09-12 Marketplace

After a year in the making, the government finally reaches a foreclosure settlement with five major banks. The Greeks, too, have reportedly settled on making austerity cuts that would also allow them to get a bailout package. The Chinese market for art is spinning out of control. Youngsters are running away from the TV sets. And Kai Ryssdal talks to Walter Mosley, author of "All I Did Was Shoot My Man," about race and class in the age of global capitalism.
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Feb 09

02-09-12 Marketplace Morning Report

The Obama administration and almost every state are reportedly ready to settle with the country's largest banks over allegations of abusive foreclosure practices. We check in with the Mayor of Los Angeles on his vision for the city, which is the second largest metro area in the U.S. A new survey out by the Pew Research Center shows that young adults have been hurt the most in the recession. And bankruptcy lawyers are warning that the latest "debt bomb" will come from student loans.
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Feb 09

02-09-12 Marketplace Index

After weeks of brinksmanship, missed deadlines, and late-night negotiations, Greek politicians finally signed off on the long-awaited austerity measures demanded by the European Union, the European Central Bank and the International Monetary Fund. Their reward? A bailout of about $172 billion from the European Central Bank. Douglas Elliot, a senior fellow at the Brookings Institute, says the markets have seen this deal coming for so long that it had already been priced in. And the Daily Pulse quickened today on news that some justice is coming to the creators of a housing bubble in the U.S. that culminated in a seemingly endless foreclosure fiasco. How much justice? About $25 billion worth.
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Feb 09

02-09-12 Marketplace Tech Report

A confession right up front: Apple has not confirmed that it is, in fact, working on an Apple-branded television. Maybe it's not. Maybe all the rumors and reports we've heard are just hogwash. But on the other hand, when you see a whole ton of those reports coming in, you begin to think there's some fire underneath all that smoke. What could be in store? Also, Google has a new focus group program.
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Feb 08

02-08-12 Marketplace

The Colorado Supreme Court has ruled that the state legislature is failing to fully fund public education. Cracks were found in a number of Airbus A380 wings. Commentator Robert Reich talks about the GOP's argument that President Obama is turning America into a "European-style welfare culture." Freakonomics Radio explores one unintended consequence of the economic downturn -- our waistlines. And Kai Ryssdal plays 'PAC Name Fever' with the Marketplace staff.
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Feb 08

02-08-12 Marketplace Morning Report

The Federal Reserve could vote today on a proposed merger between Capital One and ING Direct USA. We talk to two unemployed Spanish women about what it is like to live in a country with such poor job prospects. The Grand Canyon announces a ban on bottled water, despite fears that Coca-Cola, a big parks sponsor, would react badly. And Wal-Mart chooses a new head for its China operations.
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Feb 08

02-08-12 Robert Reich Commentary

But commentator Robert Reich says they miss the cause.
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Feb 08

02-08-12 Marketplace Mid-day Update

The Federal Reserve could vote today on a proposed merger between Capital One and ING Direct USA. We talk to two unemployed Spanish women about what it is like to live in a country with such poor job prospects. The Grand Canyon announces a ban on bottled water, despite fears that Coca-Cola, a big parks sponsor, would react badly. And Wal-Mart chooses a new head for its China operations.
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Feb 08

02-08-12 Marketplace Index

Lisa Shalett, the chief investment officer of Merrill Lynch, says the recent upward tragectory in the markets is due to a mixture of "surprise" and "relief." Surprise at the resilience of the U.S. economy, and relief that Europe is looking is no longer on the brink of collapse. Many market watchers have been touting equities during this run up, and Shalett is no exception. The Pulse slowed today on news that fewer Americans are quitting their jobs. It turns out “churn," is actually a sign of a healthy job market.
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Feb 08

02-08-12 Marketplace Tech Report

Path is a relatively new social network that has garnered a lot of critical praise. But it turns out the iPhone app has been gathering up a user's address book information and transmitting it, unencrypted, back to Path. And Path isn't the only app in the world to use your information. Also, the booming app economy is a jobs bonanza.
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Feb 07

02-07-2012 Marketplace

The U.S. is now 81 percent self-sufficient when it comes to energy. Congress passed legislation that will open up more of the sky to unmanned aircrafts. Federal Reserve Chairman Ben Bernanke testified to the Senate today on his outlook for the economy. What happens to a super PAC whose candidate pulls out of the race? Health reporter Gregory Warner explores the problems with hospital readmissions. And Kai Ryssdal talks to Patricia Cohen about her new book on the middle age.
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Feb 07

02-07-12 Marketplace Index

So far, 2012 has been punctuated by a distinct lack of market volatility. Just the opposite of 2011. Erik Ristuben, chief investment strategist at Russell Investments, says the ECB's long term refinancing operation allows banks to borrow directly from the eurozone's lender of last resort. According to Ristuben, "that's been the single biggest factor in reducing volatility." The Pulse is up sharply today on news that America is edging closer to energy independence. After 20 years of deepening reliance on foreign sources, domestic energy production has surged in just the last half decade to 81 percent of what we consume.
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Feb 07

02-07-12 Marketplace Mid-Day Update

Forty states have signed onto a settlement deal with the nation's largest banks over abusive foreclosure practices. We talk to the attorney general from the hold-out state of Delaware to find out why he wants a better deal. Congress passed a bill to fund technology upgrades for the FAA, but airline industry unions are balking at the deal. And Puerto Rico looks to ease its overpopulation of invasive iguanas by exporting them as "exotic meat." Plus, more headlines from this Tuesday morning.
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Feb 07

02-07-12 Marketplace Tech Report

We already have a company that offers streaming movies and TV shows as well as offering DVDs and Blu-Rays. It's Netflix. So why, then, is Verizon and Redbox teaming up to offer the same thing? Also, some Girl Scout troops are trying out mobile credit card payments for Girl Scout cookie sales.
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Feb 07

02-07-12 Marketplace Morning Report

Swiss commodities broker Glencore and global mining giant Xstrara announced a $90 billion merger deal. We talk to one analyst to find out why that matters to you. Also on the show, the Senate weighs a bigger government role in cyber security to protect privately owned critical infrastructure. And Ohio finds an economic bright spot in its homegrown alcohol industry.
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Feb 06

02-06-12 Marketplace

Greece was supposed to come up with a cost-cutting austerity plan today; London Bureau Chief Stephen Beard explains what happened instead. Goldman Sachs CEO Lloyd Blankfein is the first major business leader to join a campaign in support of same-sex marriage. There's some backlash from Facebook users over the company's recently announced IPO. Economy 4.0's David Brancaccio reports on "elder financial abuse," and the BBC's Justin Rowlatt talks about deforestation in the Amazon.
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Feb 06

02-06-2012 Marketplace Mid-day Update

Weekend talks in Europe over a second bailout plan for Greece stumbled just as leaders in that country made progress on a deal to eliminate about half of the private debt it owes. Meanwhile, a bailout might be on the way for troubled homeowners if states sign onto a settlement with the nation's largest banks over abusive foreclosure practices. The New York Giants won the Super Bowl, and so did Madonna and her half-time performance. But Ford said it didn't after Chevy ran a commercial claiming its chief competitor's pick-ups couldn't survive the apocalypse. At least that means the auto industry is recovering, right?
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Feb 06

02-06-12 Marketplace Tech Report

Wael Ghonim's memoir, "Revolution 2.0: The Power of the People is Greater than the People In Power," arrives about a year after the uprisings in Egypt. Ghonim was a Google marketing executive when the Egyptian uprising began, and he took to the Internet to call Egyptians to action. He tells his story of what happened in that tumultuous time. Also in this program, shipments of smartphones surpassed shipments of PCs last year.
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Feb 06

02-06-12 Marketplace Index

With a fairly light week for economic data, investors have started focusing on a subtle shift in corporate profits. More than half the companies listed in the S&P 500 have already reported their earnings for the fourth quarter, and about two-thirds of them beat expectations. Sounds good, right? But that's less than in recent quarters. We talked with Brian Gendreau, market analyst of Cetera Financial Group. He says it's unrealistic to keep expecting profits to go up, up, up. And the Daily Pulse is down on news that, despite a record-breaking year for holiday spending, toy giant Hasbro reported profits fell in the last quarter of 2011.
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Feb 06

02-06-12 Marketplace Morning Report

The company that owns KFC, Taco Bell and Pizza Hut reports earnings today, and it is planning on a boost from its stores in China in the year ahead. Missouri holds its presidential primary tomorrow, and it will cost the states millinos even though the votes won't actually count. Amazon is building five new warehouses in states across the U.S., and is also testing out a program that lets customers pick up their orders instead of having them delivered.
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Feb 03

02-03-12 Marketplace Morning Report

Nevada led the nation in the number of home foreclosures last year, a fact that could help steer the caucus there tomorrow. States have until Monday to decide if they want to join a national settlement with banks over abusive mortgage practices. In the U.K., restaurants and bars have declared war on the straw. And we dig into the January unemployment numbers from the government.
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Feb 03

02-03-12 Marketplace Tech Report

You might want to keep an eye on a site called Pinterest. It had 4,000 percent growth from July to December of this year and currently boasts 2.5 million members even though it's still invitation-only. This is a meteoric rise reminiscent of the early days of, well, Facebook. Also in this program, Purdue University scientists are working on a way to harness the power of hip-hop bass beats to power medical devices.
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Feb 03

002-03-12 Marketplace Money

The Facebook IPO. Yes, yes, we've heard plenty about what it means for investors. But how might the public offering affect the rest of us? We look at the ins and outs of a social network on Wall Street. Helping out elders in your family can be a trying task. There are warning signs that loved ones might not be able to handle their finances on their own. We'll look at how to cope with the financial challenges of an aging population. And in a world where women are constantly told to reach for all of the stars, well, you might end up with a bunch of mediocrity instead. We chat with Mrs. Moneypenny about what it means to have it all. Plus, we break down the latest job numbers.
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Feb 03

02-03-12 Marketplace Mid-day Update

Nevada led the nation in the number of home foreclosures last year, a fact that could help steer the caucus there tomorrow. States have until Monday to decide if they want to join a national settlement with banks over abusive mortgage practices. In the U.K., restaurants and bars have declared war on the straw. And we dig into the January unemployment numbers from the government.
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Feb 03

02-03-12 Marketplace Index

Here’s the line: “Honey, good news. I got the job.” Now repeat that 243,000 times. That’s one way to appreciate the news of a surge in hiring last month. The government's monthly unemployment report from the Bureau of Labor Statistics reported today that the unemployment rate dropped from 8.5 to 8.3 percent in January. Randall Wray teaches economics at the University of Missouri-Kansas City. He says that with 24 million Americans looking for a full-time job, if we keep at this current pace, it'll take a decade to put them all back to work. And the Daily Pulse is flat on news the federal government collected less than half as much in corporate tax receipts in 2011...a 40-year low.
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Feb 03

02-03-12 Marketplace

Ahead of the Nevada caucus on Saturday, Kai Ryssdal hosts the show from Las Vegas. He takes an inside look at the foreclosure crisis that's overtaken the state, and talks to Zappos CEO Tony Hsieh about the company's move to Vegas' downtown. Plus, we look at the recent influx of Latinos hoping to open businesses in Sin City. Nationwide, the January jobs report shows the unemployment rate has dropped to 8.3 percent. And The Susan G. Komen Foundation reversed its decision to cut funding for Planned Parenthood.
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Feb 02

02-02-12 Marketplace Morning Report

Facebook's initial public offering means that the general public now knows more about the company than it did yesterday. In Nebraska, farmers don't typically save, but instead invest back into their farm, with more land or new equipment. Happy Groundhog Day!
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Feb 02

02-02-12 Marketplace Mid-day Update

Facebook's initial public offering means that the general public now knows more about the company than it did yesterday. In Nebraska, farmers don't typically save, but instead invest back into their farm, with more land or new equipment. Happy Groundhog Day!
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Feb 02

02-02-12 Marketplace Tech Report

Facebook has finally filed to become a publicly traded company. So how does a publicly held Facebook act different than a privately held one? Big web companies have traditionally had a hard time sticking around. And there’s the issue of balancing privacy and profitability when the business model depends on getting users to share information. Also in this program, The Robot Roundup: Animal Edition.
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Feb 02

02-02-12 Marketplace Index

Robert Pavlik, the chief market strategist at Banyan Partners in New York, says he's getting calls, emails and even letters from clients asking if they can get in on the $75 billion Facebook IPO. "Everybody and his mother wants a piece of this deal," says Pavlik. "The honest to God answer is that you're probably not going to get some unless you've been doing a tremendous amount of commission business with one of these big institutional-type firms." The Pulse is up today on news that the American worker is finally running out of productivity bandwidth, which could mean it's time for companies to hire if they want to increase output.
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Feb 02

02-02-12 Marketplace

Facebook's Mark Zuckerberg will take a huge pay cut this year. His new salary: $1. Will Facebook's culture change with the company going public? Law schools are getting sued for allegedly attracting students through deception. Walmart is succeeding in going green. With the unemployment rate in double digits, there just aren't many opportunities for Nevada's new college graduates. And London bureau chief Stephen Beard reports on what the Queen of England does for work.
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Feb 02

02-02-12 Marketplace Index

Robert Pavlik, the chief market strategist at Banyan Partners in New York, says he's getting calls, emails and even letters from clients asking if they can get in on the $75 billion Facebook IPO. "Everybody and his mother wants a piece of this deal," says Pavlik. "The honest to God answer is that you're probably not going to get some unless you've been doing a tremendous amount of commission business with one of these big institutional-type firms." The Pulse is up today on news that the American worker is finally running out of productivity bandwidth, which could mean it's time for companies to hire if they want to increase output.
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Feb 01

02-01-12 Marketplace Tech Report

Facebook is expected to file paperwork for its IPO as soon as today. The company may be valued as high as $100 billion. The way Facebook makes money, remember, is from advertising to you. And the more they know about you, the more they can tailor those ads. Also on the show, the enormous pile of presidential campaign money, and the technological ways the candidates are using to get more.
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Feb 01

02-01-12 Marketplace Morning Report

Super PACs are allowed to spend unlimited cash, as long as they reveal where the money's coming from -- but it is often still hard to know who is making the donations. Gambling isn't the only thing the Nevada economy has to offer in this election year. And does a foreclosed home down the block hurt your chances of staying above water?
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Feb 01

02-01-12 Marketplace Mid-day Update

Super PACs are allowed to spend unlimited cash, as long as they reveal where the money's coming from -- but it is often still hard to know who is making the donations. Gambling isn't the only thing the Nevada economy has to offer in this election year. And does a foreclosed home down the block hurt your chances of staying above water?
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Feb 01

02-01-12 Marketplace Index

In January, ADP says there were 170,000 people added to payrolls, slightly underthe 182,000 experts predicted. In addition, ADP revised its strong December number of 325,000 down significantly to 292,000. Joel Prakken is the senior managing director of Macroeconomic Advisors, the group that issues the report with ADP. He says, "In the fairy tale, slow and steady wins the race, but I wish we were running a little bit faster here in terms of job creation." And the Daily Pulse is down today on news that 28 percent of Americans are currently underwater on their homes.
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Feb 01

02-01-12 Marketplace

Continuing our election coverage on The Real Economy, David Gura reports from Nebraska on how agricultural subsidies may change or disappear altogether as the country cuts spending and tightens budgets. Facebook finally files for its IPO. President Obama's plan to help struggling homeowners refinance their mortgages could affect more than the housing market. And Super Bowl Sunday -- and its entertaining ads -- are almost here. Kai Ryssdal talks to the creative director of the ad agency that worked on the Volkswagen Super Bowl ad for this year and last.
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Jan 31

01-31-12 Marketplace Mid-day Update

Facebook's IPO looks to be drawing near, and even if you aren't investing in the company, it could still offer you something valuable. We take a look at the current state of the gambling industry through the eyes of the president and CEO of Caesars. And our election 2012 coverage kicks off with peek into the Real Economy of Nebraska, a place where agriculture still takes center stage.
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Jan 31

01-31-12 Marketplace

David Gura and Sarah Gardner kick off Marketplace's election coverage, The Real Economy, with reports on the economies of Nebraska and Nevada. With new apps like Square, political campaigns find a new way to bring in small contributions. Home prices in 20 major cities fell 3.7 percent in November. Commentator Teresa Amabile explores what makes a company a good place to work. And Kai Ryssdal talks to actor and author Fred Stoller about his book "My Seinfeld Year."
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Jan 31

01-31-12 Marketplace Index

Pessimism about jobs + higher gas prices + decreasing home values = lower confidence. None of this fits well with the tapestry experts have been trying to weave that things are "slowly" on the upswing. Chairman of the Jerome Levy Forecasting Center, Daniel Levy, says he's extremely bullish on the U.S economy long-term, but for 2012 he's a bear, watching for signs of the U.S. possibly slipping back into recession. And the Daily Pulse is up today on news that debt collectors have been getting some unnerving calls lately, too. Theirs are coming from the FTA who is chasing illegal collection practices.
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Jan 31

01-31-12 Marketplace Tech Report

Facebook Timeline is rolling out to all users. A new report indicates that people aren't real excited about the change. Some of that discomfort might stem from the fact that Timeline is becoming mandatory rather than opt-in. And remember the old saying about free services like Facebook: If you're not paying for it, you're not the customer -- you're the product. When it comes to Facebook, it's always useful to look at what's in it for advertisers. Also in this program, Wayne Coyne of The Flaming Lips releases a new song with backing vocals by Siri.
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Jan 31

01-31-12 Marketplace Morning Report

Facebook's IPO looks to be drawing near, and even if you aren't investing in the company, it could still offer you something valuable. We take a look at the current state of the gambling industry through the eyes of the president and CEO of Caesars. And our election 2012 coverage kicks off with a peek into the Real Economy of Nebraska, a place where agriculture still takes center stage.
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Jan 30

01-30-12 Marketplace

Major companies including Google, Microsoft and Facebook have teamed up to fight online phishing scams. A behavioral economist talks about how our Google search results help the fields of science and medicine. Megaupload's 50 million users will lose their files once the site starts deleting its data this week. Florida was hit hard by the recession, but now there is some job growth. And author Louis Hyman discusses borrowing in American culture.
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Jan 30

01-30-12 Marketplace Index

Armed with a treaty on curbing budgets and a huge bailout fund, European leaders held a half-day summit in Brussels today to restore order to the eurozone, and it worked. EU leaders walked away with a signed agreement that could help prevent a future debt crisis in the region. But Greece's financial affairs are still up in the air, and experts like Matthias Matthijs, a professor of political economy at both the Johns Hopkins and American Universities, say its all about the conditions of austerity. And the Daily Pulse is up today on news that 2011 may have been the year that charitable giving may have returned to pre-recession levels.
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Jan 30

01-30-12 Marketplace Mid-day Update

One European company is offering interest paid in chocolate to its lenders, who are also customers. As soon as this week, regulators could green-light construction on two new nuclear power reactors in Georgia. Why can't European leaders seem to get enough of summits, and will they eventually be able to find a solution to the debt crisis there? And a warm weather winter also means a heating fuel glut.
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Jan 30

01-30-2012 Marketplace Tech Report

When you want to buy something online, you always check the customer reviews, right? But can you trust what you read? Amazon.com recently deleted a lot of reviews for a particular brand of protective case designed to fit the Kindle Fire tablet computer. Turns out the makers of the case were paying people to write positive reviews. That's illegal according to the Federal Trade Commission. So what can you do to make sure what you're reading is the real scoop? Also in this program, a new tech vocabulary word: Likejacking.
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Jan 30

01-30-12 Marketplace Morning Report

One European company is offering interest paid in chocolate to its lenders, who are also customers. As soon as this week, regulators could green-light construction on two new nuclear power reactors in Georgia. Why can't European leaders seem to get enough of summits, and will they eventually be able to find a solution to the debt crisis there? And a warm weather winter also means a heating fuel glut.
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Jan 27

01-27-12 Marketplace Money

At this point in the election cycle we pretty much know where things stand with the candidates. But where do things stand with the people who will do the voting? We'll have an on-the-ground look from our reporters in Nevada and Nebraska. In Wisconsin, sand fracking is dividing a small town. And the lunar new year is upon us, have you burned money to honor the dead? We'll explore the role of money in Chinese traditions. Plus, we look into what makes many in the Asian community such great savers.
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Jan 27

01-27-12 Marketplace Mid-day Update

Social networking site Twitter has announced that it can now censor certain messages based on a country's policies. In Western China, Tibetans are once again stepping up their protests in the quest to gain more independence. And what is the role of airports in a city's, or nation's, economy? Happy Earned Income Tax Credit Day!
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Jan 27

01-27-12 Marketplace

Mitt Romney brushed aside Newt Gingrich's idea of establishing a colony on the moon as pandering during the Florida Republican debate. But how viable would this idea be? Reporter Nancy Marshall-Genzer reports on work-study programs and how they fit into President Obama's economic plans. Stephen Beard continues his One Year On series with a story on the crisis of youth unemployment in Egypt. And we hear about the underground bike economy.
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Jan 27

01-27-12 Marketplace Index

We all hear about economic indicators all the time, but perhaps we don’t question them as much as we should. Take gross domestic product (GDP), which measures the growth of the economy. After a number of incremental but positive indicators that have come out in the past couple of months -- the so-called "green shoots" -- today's fourth quarter GDP was a reminder that our economy is still very fragile. And on the Marketplace Daily Pulse, union membership in the U.S. has plateaued.
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Jan 27

01-27-12 Marketplace Tech Report

The Pentagon aims to cut $487 billion from its budget over the next 10 years. That means a reduction of 100,000 troops, base closures, and cutting back on ships and aircraft. One area that is not slated for reduction, however, is the UAV program. Unmanned Aerial Vehicles, commonly referred to as drones, are going to see a 30 percent increase under the new plan. Also in this program, Motorola has filed a patent infringement suit against Apple, charging that Apple has violated patents belonging to Motorola. It seeks the remedy of banning the sale of the iPhone.
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Jan 27

01-27-12 Marketplace Morning Report

Social networking site Twitter has announced that it can now censor certain messages based on a country's policies. In Western China, Tibetans are once again stepping up their protests in the quest to gain more independence. And what is the role of airports in a city's, or nation's, economy? Happy Earned Income Tax Credit Day!
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Jan 26

01-26-12 Marketplace

The Federal Reserve pledged to keep interest rates near zero until 2014. After a subscriber revolt, Netflix rebounded with huge fourth quarter earnings. The New York Times' Charles Duhigg discusses the unknown truths about Apple's supply chain in China. Commentator Robert Reich says the U.S. government needs to take a more active role if it truly wants to make America globally competitive. And we hear about the current state of the Sundance Film Festival.
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Jan 26

01-26-12 Marketplace Tech Report

Traditionally, Google has had separate privacy policies and separate terms of service for each site it operates. YouTube has one agreement, Google News might use another, Google+ something else. The idea behind the new privacy policy is that it will cover all of Google. That will mean the different parts of Google will be free to use information about you with each other. Also in this program, thoughts on why everything has to be so complicated on sites that are supposed to be so simple (i.e. Facebook).
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Jan 26

01-26-12 Robert Reich Commentary

Commentator Robert Reich says multinational companies based in the U.S. look out for their own interests, not American workers.
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Jan 26

01-26-12 Marketplace Mid-day Update

Netflix is bouncing back, gaining subscribers after a rough 2011 full of price increases and botched plans to separate its mail order service from the rest of the business. Economy 4.0's David Brancaccio explains the new Leading Economic Index. And in this year's presidential debates, the audience has played a bigger role than ever before.
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Jan 26

01-26-12 Marketplace Index

Durable good purchases are a sign that businesses are getting ready to grow. Those orders were up three percent in December, beating analysts expectations. We're seeing other economic "green shoots" as well, including falling unemployment, rising consumer sentiment and increases in manufacturing. Some would say you have all the makings of a country on a path to recovery. Really? Doug Roberts from Channel Capital Research tells us how he distinguishes the truth from the hype. And the Daily Pulse was down today on news that only 23 percent of Americans say they trust the U.S. financial system.
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Jan 26

01-26-12 Marketplace Morning Report

Netflix is bouncing back, gaining subscribers after a rough 2011 full of price increases and botched plans to separate its mail order service from the rest of the business. Economy 4.0's David Brancaccio explains the new Leading Economic Index. And in this year's presidential debates, the audience has played a bigger role than ever before.
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Jan 25

01-25-12 Marketplace

Last night, President Obama addressed the nation, stressing job creation, tax rates and environment. But have we heard this before? Kai Ryssdal rewinds the tape and takes us back to the voices of Presidents Reagan, Clinton, and George H. W. Bush. One year after the Mubarak regime was toppled, Egypt's economy isn't doing so great. But did the Egyptian protests inspire demonstrations around the world? And in the latest installment of Freakonomics, Stephen Dubner debunks some Super Bowl myths.
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Jan 25

01-25-12 Marketplace Morning Report

President Obama's State of the Union speech put a spotlight on American manufacturing and job growth. We take a closer look at the Mortgage Electronic Registration Systems, and how the process affects people across the country. Today marks the one year anniversary of the uprising in Egypt. And is it possible to trademark the color red?
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Jan 25

Extended Interview: Where Arab Spring and Occupy Meet

One year after the Arab Spring began, activists in Cairo and New York discuss how the Middle East protests inspired the Occupy movement, and where they go from here
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Jan 25

01-25-12 Marketplace Mid-day Update

President Obama's State of the Union speech put a spotlight on American manufacturing and job growth. We take a closer look at the Mortgage Electronic Registration Systems, and how the process affects people across the country. Today marks the one year anniversary of the uprising in Egypt. And is it possible to trademark the color red?
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Jan 25

01-25-12 Marketplace Tech Report

The President's annual State of the Union address touched on a lot of tenets that are central to his administration and his campaign for re-election. President Obama talked about how the tax laws should be adjusted so that Warren Buffett doesn't pay a lower tax rate than his secretary. Mr. Obama called for more control over interest rates for student loans and breaks for homeowners struggling to pay their mortgages. He stressed the need for investment in renewable energy sources.
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Jan 25

01-25-12 Marketplace Index

President Obama’s State of the Union address last night made one thing clear: the financial sector has been a pretty severe disappointment to the American economy. The President said, “No bailouts, no handouts, no cop-outs,” aimed, in part, at banks. He praised companies like General Motors and Master Lock as examples of the country's potential. Memo received, Mr. President: Manufacturing is going to get us out of the economic hole the banks dug for us. The Daily Pulse is up today on news that U.S. students will be eating healthier school lunches moving forward. The USDA announced new menu guidelines today that include more fruit, veggies and whole grains.
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Jan 24

01-24-12 Marketplace Morning Report

As President Obama prepares to give his State of the Union address this evening, it seems likely that political gridlock will continue in Washington, D.C. Debt talks continue in Greece, and the country is taking some steps to boost revenue. Reporter Amy Scott looks at what higher education actually teaches students. And the American TV show 'Pimp My Ride' has big fans in Morocco.
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Jan 24

01-24-12 Marketplace Index

This week, for the first time, the Fed will no longer be an impenetrable monolith. It’s going to be upfront. Straightforward. Transparent, even. As of the end of its meeting tomorrow, the Fed will let its 17-member committee publicly reveal what they think will happen to interest rates in the coming months and years. Will this be good news for the nervous markets? Andy Brooks, head of U.S. equity trading at T. Rowe Price, says in spite of some signs of growth in the U.S. economy, he's expecting to hear caution coming out of the meeting tomorrow. The Daily Pulse is up today on news that the bi-annual Augmented Misery Index is indicating Americans are feeling better about their finances.
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Jan 24

01-24-12 Marketplace Mid-day Update

As President Obama prepares to give his State of the Union address this evening, it seems likely that political gridlock will continue in Washington, D.C. Debt talks continue in Greece, and the country is taking some steps to boost revenue. Reporter Amy Scott looks at what higher education actually teaches students. And the American TV show 'Pimp My Ride' has big fans in Morocco.
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Jan 24

01-24-12 Marketplace Tech Report

The Supreme Court has issued a unanimous ruling in a case that has been watched closely by privacy advocates. United States v. Jones dealt with Washington, D.C., resident Antoine Jones, who was suspected of trafficking in drugs. Authorities attached a GPS device to Jones' car, ultimately tracing his movements to a suburban house used to stash drugs. The Supreme Court ruled on Monday that a search on someone's car is a search of their property and therefore a warrant should be required. The Court was unanimous in its ruling but was split 5-4 in exactly how the 4th Amendment applies in this situation.
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Jan 24

01-24-12 Marketplace

Egypt's Arab Spring uprising began one year ago tomorrow. Is the Occupy movement here in the U.S. our Arab Spring? Kai Ryssdal talks to a forensic accountant about Mitt Romney's taxes. In the latest Attitude Check segment, Gallup editor-in-chief Frank Newport talks about Americans' attitudes toward the wealthy and whether they think the rich should pay a higher tax rate. Kai checks in with a previous roundtable guest to see how her job search has been going, before the State of the Union address.
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