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Marketplace

American Public Media

Hosted by Kai Ryssdal, our leading business news radio program and podcast is about providing context on the economic news of the day. Through stories, conversations and newsworthy developments, we help listeners understand the economic world around them. Marketplace makes sense of the economy for everyone, no econ degree or finance background required. Marketplace doesn’t just report on the numbers, we take it deeper, adding context to what’s happening in the stock market and how macroeconomic policy can affect you and your business. Monday through Friday, our team speaks with a wide range of industry professionals– from small business owners to Fortune 500 CEOs, Marketplace breaks down complex topics related to business and the economy without industry jargon and over complicated explanations.

Hosted by Kai Ryssdal, our leading business news radio program and podcast is about providing context on the economic news of the day. Through stories, conversations and newsworthy developments, we help listeners understand the economic world around them. Marketplace makes sense of the economy for everyone, no econ degree or finance background required. Marketplace doesn’t just report on the numbers, we take it deeper, adding context to what’s happening in the stock market and how macroeconomic policy can affect you and your business. Monday through Friday, our team speaks with a wide range of industry professionals– from small business owners to Fortune 500 CEOs, Marketplace breaks down complex topics related to business and the economy without industry jargon and over complicated explanations.

Location:

Los Angeles, CA

Description:

Hosted by Kai Ryssdal, our leading business news radio program and podcast is about providing context on the economic news of the day. Through stories, conversations and newsworthy developments, we help listeners understand the economic world around them. Marketplace makes sense of the economy for everyone, no econ degree or finance background required. Marketplace doesn’t just report on the numbers, we take it deeper, adding context to what’s happening in the stock market and how macroeconomic policy can affect you and your business. Monday through Friday, our team speaks with a wide range of industry professionals– from small business owners to Fortune 500 CEOs, Marketplace breaks down complex topics related to business and the economy without industry jargon and over complicated explanations.

Language:

English

Contact:

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


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Episodes

Letting the economy run hot

1/26/2021
Running the economy hot means everyone who wants a job has a job. And the people who benefit most are those at the low end of wage distribution. The concern, though, is that a hot economy can cause a whole lot of inflation. But that’s just not happening. On today’s show: What we’ve learned in the past decade about letting an economy run hot. Plus, 71% of parents who work full time have kids who are attending school in person and a look at the shoe economy almost a year into the pandemic.

Duration:00:27:39

The presidential promise to “buy American”

1/25/2021
President Joe Biden signed an executive order Monday promising that federal dollars will be used to purchase American-made products. The Trump administration basically promised the same, and there have been laws requiring such action for decades. But the Biden administration argues this time will be different. On today’s show: Why is it so hard to keep that promise? Plus, the difference that extra $300 in federal unemployment benefits made and why some brands are sitting out Super Bowl ads...

Duration:00:25:45

The challenges of a short-staffed bureaucracy

1/22/2021
If you closely read the directives coming out of the Biden administration, you’ll see that they’re mostly instructions for various federal agencies to do things — a bureaucratic to-do list, if you will. The problem is there are roughly 4,000 political appointments to be made in the federal government at the start of a new administration, 1,300 of which require Senate confirmation. On today’s show: the strange way we hand over control of the government. Plus, Biden moves to raise federal...

Duration:00:27:57

“It only took a couple centuries, the first female secretary of the treasury”

1/21/2021
When then-President-elect Joe Biden announced his intent to nominate Janet Yellen for secretary of the treasury, he joked that “Hamilton” creator Lin-Manuel Miranda should write a musical about her. Naturally, we asked someone to write it. On today’s show: Indie rapper Dessa and her collaborators share “Who’s Yellen Now?” — a “Hamilton”-esque track about the economic icon. Plus, how a new president can undo his predecessor’s policies and how China is using COVID-19 vaccines as diplomacy.

Duration:00:27:35

President Biden’s first order of business

1/20/2021
As we recorded this episode, the inauguration festivities were winding down at the Capitol and President Joe Biden was getting down to business. Today we’ll talk about some of his first steps: a sweeping new immigration bill, his $1.9 trillion COVID-19 relief plan, extended unemployment benefits and an executive order on workplace discrimination. Later, we’ll head across the pond to get a whiff of history.

Duration:00:25:23

3 states, 3 economies. What can they tell us?

1/19/2021
We take a look at the unemployment pictures in Hawaii, Nebraska and South Florida. We also discuss what kind of economic challenges await the incoming Biden administration. Treasury nominee Janet Yellen sheds light on how the U.S. should approach its debt, and a French oil giant pivots to solar.

Duration:00:26:09

Will rent relief come soon enough?

1/18/2021
More than 14 million people are behind on rent in the United States, and the only thing keeping them in their homes is the CDC’s eviction moratorium — which is set to expire at the end of the month. $25 billion in emergency rental assistance is on the way from the latest Congressional relief package, and President-elect Joe Biden has proposed an additional $25 billion in assistance on top of that. But with the eviction moratorium set to expire, will the money come soon enough? Plus, the...

Duration:00:27:03

Biden’s $1.9 trillion plan for the economy

1/15/2021
We’re pretty much at the tipping point between the Trump and Biden economies. President-elect Joe Biden, set to officially take office Wednesday of next week, released his “American Rescue Plan” Thursday night. The $1.9 trillion proposal calls for ramped-up COVID-19 vaccine distribution and aid for Americans still struggling during the pandemic-caused recession. On today’s show: how the plan could impact the economic recovery. Plus, big banks are doing well and a conversation with outgoing...

Duration:00:26:23

Economic recovery: one step forward, several steps back

1/14/2021
In positive economic news, President-elect Joe Biden announced his “American Rescue Plan” Thursday — a $1.9 trillion proposal to stabilize the economy and get COVID-19 under control. But pandemic unemployment continues to be a tale of two economies. The unemployment rate among the highest-paid workers is around 5%, while the rate among low-wage employees is as high as 20%. Sustained unemployment could lead to increased homelessness, with one study predicting homelessness could be twice as...

Duration:00:26:54

How those $600 checks are being spent

1/13/2021
It’s been a few weeks since the second round of COVID-19 relief started going out. Americans are spending those $600 checks on everything from tattoos and nice dinners to paying rent and electricity bills. The checks were meant to stimulate the economy, but also to provide economic relief to those seriously hurting during the pandemic. On today’s show: We check in with how a few people are using the money. Plus, how baby bonds could help close the racial wealth gap and why Netflix plans to...

Duration:00:25:18

Businesses big and small aren’t feeling great about the state of things

1/12/2021
The U.S. Chamber of Commerce, the biggest American business lobbying group and a typically reliable supporter of conservative and Republican politicians, said Tuesday that President Donald Trump “undermined our democratic institutions and ideals” last week. A chamber leader also said some members of Congress “will have forfeited the support of the U.S. Chamber of Commerce. Period. Full stop.” Small business owners aren’t feeling great about things either, with optimism at a seven-month low....

Duration:00:26:52

Corporate America is standing up to Trump

1/11/2021
Following last week’s armed insurrection at the U.S. Capitol, corporations are starting to pull financial support from President Donald Trump and certain Republicans. JPMorgan Chase and Goldman Sachs are suspending political donations in general for at least six months. Blue Cross Blue Shield Association and Marriott are suspending donations specifically to Republicans who objected to the certification of the presidential election. And PGA of America pulled a championship tournament from a...

Duration:00:27:04

Jobs, jobs, jobs

1/8/2021
The U.S. economy lost jobs for the first time since April, shedding 140,000 positions, the December jobs report showed. And long-term unemployment ticked up to 37% — quadruple what it was before the pandemic. It’s unclear if businesses will start hiring again anytime soon, as the COVID-19 rages across the United States. On today’s show: The worsening pandemic will continue to slow jobs recovery. Plus, how the vaccine rollout is going in rural America, and restaurant workers in Washington,...

Duration:00:26:36

A series of disconnects

1/7/2021
The stock market is not the economy; this we know. But the market seems completely disconnected from events happening in the United States. After Wednesday’s pro-Trump insurrection, the Dow Jones Industrial Average closed at a record high. And again Thursday, after 787,000 Americans filed first-time unemployment claims, markets closed at record highs. On today’s show: A look at the disconnects between the markets, the economy and our democracy. Plus, social media platforms are putting...

Duration:00:25:24

The ramifications of Trump supporters storming the U.S. Capitol

1/6/2021
Extreme supporters of President Donald Trump gathered for protests at the U.S. Capitol Wednesday, which turned violent as hoards of people broke into the U.S. Capitol Building. Lawmakers, in session to certify the 2020 presidential election, were forced into hiding and tear gas was deployed in the Capitol Rotunda. On today’s show: What this unprecedented day means for the U.S. economy going forward. Plus, more PPP loans are on the way and colleges are slow to reopen.

Duration:00:27:26

Small businesses are figuring out the year ahead

1/5/2021
As we enter the second calendar year of COVID-19 life, small businesses are taking stock and adjusting their pandemic plans. The economic crisis brought on by the pandemic has shuttered more than 160,000 small businesses. And a December survey found that 1 in 4 small business owners might have to close permanently in the next six months if economic conditions don’t improve. On today’s show: How the pandemic has altered small business owners’ plans — and lives. Plus, health care is a hard...

Duration:00:26:53

Pandemic wage gains were just a fluke

1/4/2021
Wages have been rising during the COVID-19 pandemic, but economists say it’s just a fluke. While most higher-paid professionals have been able to work from home, millions of lower-paid service workers lost their jobs and income. And the gap between the haves and have-nots will widen even further as the economy recovers. On today’s show: Economists predict wages are likely to stagnate for returning service workers. Plus, Google’s employees unionize, and we check in on small business owners...

Duration:00:25:19

What we might see in the new year

1/1/2021
Relief is finally on the way in the form of $600 checks to Americans who qualify. But that might be too little, too late for those hurting the most during this economic crisis. On today’s show: A look at how more relief might play out with a new Congress and a new administration in the White House. Plus, Texas food banks say they could be short millions of pounds of food and Congress lets paid sick, family and medical leave mandate expire. Your support makes our reporting possible — become...

Duration:00:25:05

Looking to 2021

12/31/2020
2020 is finally coming to a close. This year has been historic: the COVID-19 pandemic, a summer of long overdue racial reckoning, the 2020 election and the ongoing economic crisis. We’ll begin the new year with millions of Americans out of work. The highly anticipated Jan. 5 runoffs in Georgia will decide control of the Senate. And, like always, the fate of the U.S. economy rests in consumers’ hands — and wallets. On today’s show: We look back at the year that was, and how the problems of...

Duration:00:26:51

Relief checks are starting to arrive

12/30/2020
The Treasury Department is starting to distribute the $600 relief checks Congress agreed to in the latest COVID-19 relief package, and the IRS said it began making direct deposits into bank accounts Tuesday. For those who don’t have an account on file with the agency, paper checks or prepaid debit cards will be sent out. On today’s show: Those prepaid cards have advantages and drawbacks. Plus, Congress finally bans surprise medical bills and how 2020 became the year of the hobby. Your...

Duration:00:26:49