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Marketplace from American Public Media is the premier business news show on public radio. Host Kai Ryssdal and the Marketplace team deliver news that matters, from your wallet to Wall Street. Online at Marketplace.org

Marketplace from American Public Media is the premier business news show on public radio. Host Kai Ryssdal and the Marketplace team deliver news that matters, from your wallet to Wall Street. Online at Marketplace.org
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Los Angeles, CA


Marketplace from American Public Media is the premier business news show on public radio. Host Kai Ryssdal and the Marketplace team deliver news that matters, from your wallet to Wall Street. Online at Marketplace.org




261 South Figueroa Street #200 Los Angeles, CA 90012 (213) 621-3500


How can you tell if unconscious bias training worked?

Starbucks stores around the country are closing down next week for unconscious bias training. The programs are getting more and more popular, but is their impact measurable? Plus, we cap of our week covering graduates in the recession with the story of one man who regrets going to college. But first, a look back at the week's business and financial news.


What does the automobile industry have to do with national security?

The Trump administration announced it would investigate possible tariffs on auto imports on national security grounds. But, how exactly is the auto industry connected to national security? We sent Marketplace's Sabri Ben-Achour on a hunt for answers. And while we're on the subject, we talked to a sales manager at a German auto parts company with a U.S. factory about what the Trump administration’s investigation into possible auto import tariffs could mean for his business. Also on today's...


Does the class of 2018 have it made?

Probably not, to be honest. They have a lot of student loans. But hey, the job market is good! Well, sort of. Listen to the story, we'll explain. Today we talk to Qualcomm CEO Steven Mollenkopf about why he isn't worried about China and why 5G is exciting. Also on today's show, a couple hundred business people lit up Capitol Hill this week for the Cannabis Industry Association’s Lobby Days. They asked the lawmakers to either legalize marijuana or at least ease up on some banking and tax...


This graduation season, think back to what's changed in 10 years

The House is set to take up a bill today dialing back parts of Dodd-Frank, the law regulating banks after the financial crisis. Today's bill already passed the Senate, and it would change mortgage lending requirements and raise the threshold at which banks will be officially big, or "systemically important financial institutions," if you want to get technical. We'll start off by telling you everything you need to know, plus looking at the rotating deck chairs on the American CEO cruise ship....


The trade war is on hold — for now

After two days of trade talks in Washington and a high-level trip earlier this month, China and the United States have announced a truce in the simmering trade war, with U.S.-imposed tariffs on hold. We'll spend some time a the top of today's show recapping how we got here, what's settled and what's not. Then: We'll talk to the reporter who wrote the book on the failed blood-testing startup Theranos and the "scorched earth" tactics it took to cover up fraud. Plus: What you need to know about...


So, what's going on with trade again?

We're talking NAFTA. We're also talking tariffs. And China. And trade deficits. Leigh Gallagher from Fortune Magazine and Dion Rabouin from Yahoo Finance join us for the Weekly Wrap to talk about the unforeseen consequences of U.S. trade policy and the latest on the 10-year Treasury note. Also on today's show, we get into the Trump administration's attempt to get China to buy more goods from the United States. Trump wants to lower the trade deficit with Beijing, but is buying more American...


The Markle Effect

We're just a couple days away from the royal wedding, and the fashion industry loves Meghan Markle. We'll look at her style and how it might change once she marries Prince Harry. But first, let's talk about the Newtonian law of global trade: For every policy action, there's an equal or opposite reaction. Japan could reportedly be taking the United States to the World Trade Organization over steel and aluminum tariffs, and we'll spend some time at the top of today's show exploring trade's...


"I Love Capitalism!"

That's the name of Ken Langone's new book. He co-founded The Home Depot, and he's been around this economy for a while. We'll unpack that premise, but first we'll talk NAFTA renegotiations. Tomorrow's supposed to be the deadline, but it appears that deadline is malleable as the talks narrow in focus. Plus: the latest from a whole slew of earnings reports, including a big surprise from Macy's. (05/16/2018)


Just about everyone agrees drugs are too expensive

So what are they actually doing about it? Today on the show, we'll do the numbers. The 100 most-common brand-name pharmaceuticals got 232 percent more expensive in the past decade. State lawmakers have filed more than 150 bills this year to rein in costs, something 80 percent of people surveyed by Kaiser agree we need. Some drug companies are starting to feel the squeeze from their own shareholders, too. We'll talk about it. But first: U.S. Immigration and Customs Enforcement has more than...


Welcome to ~*~the future~*~

It's not all it's cracked up to be. A Tesla Model S rear-ended a firetruck at a red light last night. The car was doing 60, and witnesses say it didn't break. The driver broke his ankle, and now investigators are wondering if the car's autopilot system was active at the time. The self-driving mode has been involved in two fatal crashes, and there are a lot of questions about whether drivers can be expected to take over when self-driving tech is essentially still in the testing phase. We'll...


05/11/2018: Remember when the news was slow?

We packed a lot in the first half of this episode: What President Donald Trump said (and didn't say) in his speech on drug prices today, the looming NAFTA deadline, the swamp and the draining thereof, it's all here. Then: The upfronts are next week. That's the big to-do the major TV networks have every year to show off their new lineups, and, as with most recent years, streaming makes it an uphill battle. Plus, why $5.6 billion worth of U.S. scrap exports to China just came to a screeching...


05/10/2018: Doing the numbers on the Hermit Kingdom

President Donald Trump announced today he's going to meet Kim Jong Un on June 12 in Singapore. There are a whole lot of variables in this equation: What's motivating who to do what? One thing that might have driven North Korea to the negotiating table is its economy. It had been growing amid sanctions, but now? We'll talk about it. Then, another economic story couched in a geopolitical one: Now that the U.S. is re-imposing sanctions on Iran, what will the EU do? Plus: Some 2,300 families...


05/09/2018: What's Facebook up to?

The news coming out of Facebook this week is maybe a bit friendlier than it has been: The company announced some leadership shuffles yesterday, along with a new department focused on blockchain technology. We'll kick off today's show with everything you need to know. Plus, we're still talking all things trade, exploring the effects of new Iranian sanctions and a new bill to give companies a break on tariffs on imported goods. Then: Would you subscribe to a car the way you would subscribe...


05/08/2018: The economic fallout of leaving the Iran nuclear deal

Iran agreed to a slew of limits on its nuclear program three years ago in exchange for lifting decades of international sanctions from the United States and five other countries. The year after the deal went into place, Iran's real GDP grew by 12.5 percent. Growth has certainly fallen off since then, and there were protests in Iran this winter over economic inequality. Now that President Donald Trump has withdrawn from the deal and threatened new sanctions, what happens to U.S. companies...


05/07/18: A venti deal between Starbucks and Nestle

Or maybe it's a grande deal? Whatever. It's a very big deal. The Swiss food brand is paying more than $7 billion for the rights to distribute Starbucks coffee. We'll talk about what Nestle does (or doesn't) get for its money. Probably it means no one will write "Nestly" on their cups again. Then: Tomorrow is the first big primary day for elections in the country and a preview of what may come in November's midterms. A lot of the people running this year are political newcomers from the...


05/04/2018: The economy is weird right now

The labor market, to be specific. It's been out of whack for a while, and this morning's jobs report only got stranger. Last month saw 3.9 percent unemployment, the lowest in 18 years. Finding a job is pretty easy, but wages still aren't rising. What's changed since 2000? That's where we'll start today. Then: Obamacare is still the law of the land, minus the individual mandate, which Republicans removed as part of the new tax plan. As a result, premiums are going up again. Plus: How'd...


05/03/2018: Yes, millennials buy houses sometimes

We've been talking a lot about the countries and companies that have asked for exemptions from President Donald Trump's steel and aluminum tariffs. But remember, the whole point of these things is to help out America's steel and aluminum industries. So we'll start today's show looking at the pro-tariff crowd before chatting with a few of the thousands of companies looking for exemptions. Then: Tesla's earnings call yesterday was feisty as Elon Musk's electric car company beat expectations...


05/02/2018: 2 percent inflation euphoria

Today, the Federal Open Market Committee chose not to raise interest rates, but it did have other news: Inflation has reached the Fed benchmark of 2 percent. How tolerant of inflation is the Fed going to be? That depends on whether the economy is experiencing good or bad inflation. We look at the difference between the two. Meanwhile, a U.S. delegation led by Treasury Secretary Steven Mnuchin are on the ground in Beijing, resting up before their tariff meetings tomorrow. Most American...


05/01/2018: Just because you use words interchangeably doesn't mean they're the same

Ahead of a midnight deadline last night, the White House gave a slew of countries exemptions from steel and aluminum tariffs lasting a month or longer. South Korea has already scored itself a permanent pass by agreeing to restrict its steel and aluminum exports to the United States. That's the deal the Trump administration is offering Europe and its NAFTA partners, too: If you don't want tariffs, then agree to a quota. Thing is, there's a pretty big economic difference between the two....


04/30/2018: The race to 5G

The big corporate story du jour is T-Mobile and Sprint, but we're going to focus on something specific the two wireless companies said when they announced a proposed merger: that the combined company would be able to move faster on fifth-generation wireless technology than anyone else — specifically the Chinese. Will that help win over government regulators? We'll talk about. Then, ahead of Treasury Secretary Steven Mnuchin's trip to Beijing, we'll talk about China's bid for tech...


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