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Marketplace

American Public Media

Every weekday, host Kai Ryssdal helps you make sense of the day’s business and economic news — no econ degree or finance background required. “Marketplace” takes you beyond the numbers, bringing you context. Our team of reporters all over the world speak with CEOs, policymakers and regular people just trying to get by.

Every weekday, host Kai Ryssdal helps you make sense of the day’s business and economic news — no econ degree or finance background required. “Marketplace” takes you beyond the numbers, bringing you context. Our team of reporters all over the world speak with CEOs, policymakers and regular people just trying to get by.

Location:

Los Angeles, CA

Description:

Every weekday, host Kai Ryssdal helps you make sense of the day’s business and economic news — no econ degree or finance background required. “Marketplace” takes you beyond the numbers, bringing you context. Our team of reporters all over the world speak with CEOs, policymakers and regular people just trying to get by.

Language:

English

Contact:

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


Episodes

Omicron could keep older workers on the sidelines

12/2/2021
Workers over 65 were the fastest-growing segment of the labor force before the pandemic. But as the pandemic persists and new coronavirus variants spread, older adults have been slow to return to the workforce, and many have simply retired early. In a tight labor market, that shrunken labor pool could persist for years to come. We’ll also hear how bond buying could translate into higher mortgage rates, how omicron could further complicate the global supply chain and how stock images play a...

Duration:00:27:31

Shipping logjams are polluting portside communities

12/1/2021
California’s portside neighborhoods, which are home to many low-income residents and communities of color, have long suffered from polluted air. But supply chain bottlenecks have worsened that pollution, which has been linked to cancer, heart disease and asthma. Though community advocates have pushed for emissions reductions, demand for goods that filter through the port is still at a record high. Also on the show today: A chat with Visa’s CEO about the future of digital payments; economists...

Duration:00:27:02

Food banks are being squeezed by inflation too

11/30/2021
Food banks saw increased demand at the height of the pandemic. Now, as inflation limits what your buck can buy at grocery stores, demand is rising yet again. But food banks are dealing with those higher costs too, as well as supply chain issues that mean longer wait times for their orders and fewer donations. Also on today’s program, how Substack has changed the media landscape, what the omicron variant might mean for consumer confidence and why the U.K. aspires to be a green hydrogen...

Duration:00:27:09

In case you forgot: COVID still runs this economy

11/29/2021
The coronavirus omicron variant caused stock market jitters on Friday. While the strain’s impact on global health remains to be seen, if omicron is similar to the delta wave, we can expect travel and consumer spending to take a big hit. How it might affect inflation is unclear. Plus: Black Friday spending is up but still below pre-pandemic levels; millennials are sidelined in the homebuying market; and schools prepare to use federal pandemic relief.

Duration:00:26:32

Next-day delivery is so pre-pandemic. Cue ultra-fast delivery.

11/26/2021
Whereas next- or same-day delivery services transformed the way people shopped at the height of the pandemic, there’s a new kid in town: companies that will deliver an order in under 20 minutes. While the services have made it to densely populated urban areas in the United States, the market is particularly booming in the United Kingdom. Victoria Craig takes us to London, where — for super-fast delivery apps — competition is fierce, investment is booming and pathways to long-lasting profit...

Duration:00:26:16

Bemidji, Minnesota has paid teleworkers to move there. How is it playing out?

11/25/2021
At the height of the pandemic, dozens of small communities saw an opportunity to recruit people who could work from anywhere — by paying them to move. Today, Dan Kraker takes us to Bemidji, Minnesota, where a program offers people $2,500 to telework there. The solution has proved mutually beneficial, offering newcomers a slower, more budget-friendly pace of life while helping a smaller town grow. Plus: The glass bottle shortage comes to a liquor store near you, the 30th anniversary of a...

Duration:00:27:06

Inflation and unemployment stats tell a complicated story

11/24/2021
We got a feast of economic figures the day before Thanksgiving: First-time unemployment claims are at a 52-year low. But a key index shows inflation is at a 31-year high. Consumer spending is up too, yet consumer sentiment is at its lowest point in a decade. What the heck is going on? On today’s show, we’ll tell you how the economic recovery can look anything but linear. We’ll also hear about the big number of small-scale labor actions, the infrastructure bill’s potential impact on holiday...

Duration:00:27:29

Biden’s release of oil reserves is unlikely to ease gas prices

11/23/2021
Gas prices are high ahead of holiday travel. To address oil costs, President Joe Biden announced Tuesday that he would tap into oil reserves and release 50 million barrels. But energy analysts say consumers likely won’t feel relief at the pump. Also on today’s show: Luxury stores keep malls afloat; how the shipping container came to be; and residents of Boquillas, Mexico, get creative to survive pandemic border closures.

Duration:00:27:09

What Jerome Powell’s renomination means for Fed policy

11/22/2021
President Joe Biden announced today that he will nominate Jerome Powell for a second term as Federal Reserve chair. Progressive Democrats were hoping Biden would nominate board member Lael Brainard, whom he instead picked for vice chair. The decision indicates a “business as usual” stance amid the economic recovery and spiking inflation. Also: We examine why Target’s nearly 2,000 stores will no longer stay open on Thanksgiving Day, unpack the Deere strike and its impact on farmers and look...

Duration:00:27:15

Postponing a blockbuster comes at a hefty cost

11/19/2021
As COVID-19 shuttered movie theaters across the country, production companies had few options: release films directly to streaming platforms or hold off on movie releases until the pandemic dust settles. But pressing the pause button can mean multibillion-dollar losses. In today’s episode, we hear from Vulture reporter Chris Lee about how even blockbuster films that are delayed may struggle to break even. Also: The Weekly Wrap; pharmacy chains eye the primary health care market; and even...

Duration:00:28:36

Korean pop culture has taken the world by storm. And not by accident.

11/18/2021
The success of releases like “Squid Game,” “Parasite” and the boom of K-pop is no coincidence. It’s the result of South Korea’s decades-long investment in film, television and music. Today, Marketplace’s Kristin Schwab takes a look at how Korean entertainment has become a $10 billion economic powerhouse. Plus: A chat with Atlanta Fed President Raphael Bostic about expectations and reality in economic recovery; why recent employment numbers are subject to so much revision; and surprising...

Duration:00:28:14

Small businesses attempt a new balancing act

11/17/2021
Big-box retailers like Home Depot, Target and Walmart are well stocked and ready to go for the holiday season. But for smaller retailers and businesses, inflation and supply chain issues are packing a real double whammy. Many are having to balance price increases that won’t alienate customers with creative solutions in order to protect their bottom line. They’re doing things like slimming down selections, cutting hours or adding storage space. We’ll also hear about the Forest Service’s plans...

Duration:00:28:06

Inflation sure hasn’t stopped consumer spending

11/16/2021
The Commerce Department released figures on October retail spending today, and ka-ching! Retail sales jumped 1.7% from September, but inflation accounted for about half of that gain. Still, spending was up for electronics, groceries and gas as consumers tried to get a jump on holiday shopping. Later in the show: China has a long way to go in fulfilling U.S. purchasing agreements; workers are returning to offices, but not necessarily in downtown settings; and what the study of wait lines can...

Duration:00:27:25

When working from anywhere means working in luxury

11/15/2021
After 19 months of working amid the chaos of kids and dogs and laundry, many employees are craving at least some office time. Yet the return to downtown high-rises has been slow. So, some companies are nixing fluorescent-lit cubicles in favor of nontraditional co-working spaces — ones located in department stores or hotels or that offer amenities like garden offices and Michelin-starred restaurants. Also: Companies consider how to confess that they’ve raised prices, what it would take to...

Duration:00:27:37

How employer vaccine mandates are playing out in a tribal border town

11/12/2021
Indigenous Americans are vaccinated at a higher rate than any other racial or ethnic group, according to the Centers for Disease Control and Prevention. But vaccination rates are much lower in communities that surround many tribal nations. Marketplace reporter Savannah Maher explores how tribal employer vaccination requirements are complicating economic relationships for one Wyoming reservation. Plus: the Weekly Wrap, a gloomy consumer sentiment report and why corporate splits seem to be all...

Duration:00:27:48

Inflation, inflation, inflation

11/11/2021
We talked about it yesterday and we’ll talk about it again: according to the Consumer Price Index, inflation is up 6.2% in the past year, the biggest surge in three decades. Today, we’ll take a look at some of inflation’s far reaches, from dramatic increases in rents, to its impact on tax brackets, to what it’s doing to the price of fertilizer. Also on today’s program: why Congressional Budget Office scores matter; a look at the surprising economics of outdoor recreation; and a California...

Duration:00:27:54

How a group of determined Black women are saving a block in West Baltimore

11/10/2021
Just a few years ago, 78-year-old Poinsetta McKnight was the last homeowner living on the 1900 block of Etting Street in Baltimore. The street bore the scars of redlining, but with the help of the nonprofit Black Women Build – Baltimore, the block has come back to life. More than half a dozen homes have or are being renovated by and sold to Black women at affordable prices, with plans for further development and community building in the works. Plus: Unpacking today’s inflation numbers;...

Duration:00:27:31

Treasury Secretary Janet Yellen talks infrastructure, inflation and the debt ceiling

11/9/2021
Kai Ryssdal often liked to play a game on the show he would call What’s Janet Yellen Thinking? Well, today he took a trip to Washington, D.C., to ask just that. The two chatted about the potential impact of the Build Back Better bill, why Yellen thinks the current inflation is transitory and why raising the federal debt limit is “simply a must.” Also on today’s show, we’ll chat about General Electric’s big breakup announcement, revisit teen employment and hear from a couple in Brooklyn, New...

Duration:00:27:41

Unpacking the $1 trillion infrastructure bill

11/8/2021
Over the weekend, Congress passed the trillion-dollar, bipartisan infrastructure bill. There’s a lot of money in it to tackle a lot of issues: roads and bridges, electric vehicles and charging stations, broadband access and much more. In today’s episode, we dig into some of those investments, their impacts and timelines. Plus: Workers who were fired for refusing vaccination face different unemployment benefits policies in different states; retailers are rethinking the value of delayed and...

Duration:00:28:16

Wages are up. Buying power? Not so much.

11/5/2021
Friday’s jobs report was full of good news: More than half a million jobs were added in October. Wages rose again — especially in low-paying sectors — and are now up 4.9% year over year. But inflation is chipping away at those gains, and workers may lose leverage as more people enter the workforce. Also in today’s episode: The Weekly Wrap, what it means when a company is “water-positive” and gyms see gains as more people decide to work out outside home.

Duration:00:27:16