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APM: Marketplace

American Public Media

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

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10/20/2017: Macroeconomics' big mystery

Seeking answers on why inflation won't do what everyone expects it to, Kai Ryssdal interviews a former Fed governor. In the world of health care, we investigate why rates of uninsured Americans are up for the first time since 2014 and what type of emergency President Donald Trump will declare the opioid epidemic. Plus, we'll run through this week's steps forward (and backward) in NAFTA renegotiations, tax reform and Trump's impending appointment of the next Fed chair. And we get status...

Duration: 00:26:13

10/19/2017: Tax reform's brain drain

Kai Ryssdal promised we weren't going to talk about tax reform today, but it kept coming up: Rep. Pat Tiberi's resignation from Congress signals a brain drain of tax code experts in the Ways and Means Committee, which could make tax reform a lot messier. And we checked in with a union leader in Erie, Pennsylvania, who wasn't exactly moved by President Donald Trump's big announcement that tax reform would lead to the rebirth of American industry. But we mostly focused on government...

Duration: 00:27:16

10/18/2017: Will Trump break tradition with Fed chair choice?

While that sounds like an opportunity he wouldn't pass up, President Donald Trump is reportedly considering five economists for Fed chair, including current Chair Janet Yellen. Politico's Ben White takes us through the list of potential candidates, weighing them against what Trump is looking for: someone he can relate to and influence, and someone who won't raise rates as he enters the re-election period. All eyes should really be on China right now, where the Communist Party Congress...

Duration: 00:26:47

10/17/2017: China's done doing our recycling

At America's largest ports in Los Angeles and Long Beach, bales of plastic and paper are piling up. Once upon a time, they would have been packed and shipped to Asia, where they'd be turned into consumer goods and shipped back. But China has plenty of its own recycled materials now to sustain the manufacturing of goods, leaving the U.S. with a big problem: where's it all going to go? Maybe it can be hidden in the giant $2.4 trillion hole that the GOP's tax plan would leave in the budget...

Duration: 00:27:08

10/16/17: What if only the rich got tax breaks on charitable donations?

Many nonprofits are shaking in their boots at the prospect of a GOP tax plan that would decrease incentives for giving, especially for individuals in lower tax brackets. And as the smoke begins to clear from massive wildfires in Northern California (some of which are still active), we examine the failure of maps that show places most at risk for wildfires. One neighborhood that burned last week was Coffey Park, a subdivision in the middle of Santa Rosa — the type of place that everyone...

Duration: 00:26:48

10/12/17: If you can't repeal it ...

President Donald Trump signed an executive order today that will eventually allow Americans to buy health insurance with lower premiums. While younger, healthier people may be able to take advantage of these plans, they may exclude some sick people with pre-existing conditions and other factors Obamacare eradicated. The president is keeping us in business as fact-checkers: Last night he said the rising stock market will fix the debt problem. But debt and stocks are entirely different...

Duration: 00:26:28

10/11/2017: The truth about taxes

The White House made a few statements recently regarding tax cuts and tax rates that could really use some fact-checking. And that's what Marketplace is here for. President Donald Trump tweeted that the massive tax cuts he'd like to see from Congress would cause an already rallying stock market to skyrocket. But historically, the effects of big tax cuts on the stock market have been small, and it has likely gone up since Trump was elected in anticipation of cuts. Then, Sarah Huckabee...

Duration: 00:27:09

10/10/2017: "The sock industry is wildly misunderstood"

The venture capitalists who just gave $100 million to a sock company said that. And that's today's good news. Nearly everything else revolves around two men at the helm of their respective organizations who are losing popularity this week: Harvey Weinstein, whose business affiliates in Hollywood are fleeing from deals with his eponymous production company after years' worth of sexual assault allegations were reported, and Donald Trump. His tactics renegotiating NAFTA were described as an...

Duration: 00:27:23

10/09/2017: This week in policy reform, "synthetic repeal"

There’s a lot of policy reform underway at the White House this week. President Donald Trump is gearing up to sign an executive order to undermine Obamacare, and people are calling it a “synthetic repeal.” He’s also worked out a deal with Democratic senators on immigration, a deal that shifts policy based on family ties to one that prioritizes skilled workers. And the clock is ticking for Trump and the Republicans to overhaul taxes — there are only 32 legislative days left in 2017. Across...

Duration: 00:26:44

10/06/2017: How do we count jobs numbers?

It's jobs day. The numbers weren't great, in part because of the hurricanes that hit Florida and the Gulf Coast but also because of the way jobs numbers are crunched each month. We'll explain. Then: Amazon is testing a new service in its quest to (very nearly) take over this country's retail economy: shipping. Later, we'll bring you the latest on Trump and the Iran deal and, as always, we'll wrap up the week in business news.

Duration: 00:26:23

10/05/2017: The economy according to Donald Trump

President Trump gave his assessment of the American economy this morning on Twitter: "Stock Market hits an ALL-TIME high! Unemployment lowest in 16 years! Business and manufacturing enthusiasm at highest level in decades!" A couple things about that: Markets go down too, and unemployment was only at a 16-year low back in June. It's not clear what "business enthusiasm" metric he was using. But look: it's a long established tradition for presidents to claim credit for the country's economic...

Duration: 00:27:30

10/04/2017: How to harden America's soft targets

After a tragedy, like the one in Las Vegas Sunday, we're left with many questions. Here's just one: If you run a hotel, or a festival, or anyplace where a lot of people gather, what do you do now to keep them safe? Security at big events and heavy traffic areas is already tougher than it used to be, and hardening those soft targets doesn't come cheap. Then: One very basic way to think of what the White House and Republicans in Congress are trying to do with the tax code, is get rid of...

Duration: 00:27:58

10/03/2017: What's really throwing the budget out of whack?

Two weeks after Hurricane Maria tore though Puerto Rico, and residents are struggling to get basic supplies and power. President Trump made his first trip to survey the damage, today, and do a little back-patting for the federal response. He also joked the disaster was throwing the federal budget "out of whack." The truth is the cost of aid is far from the only thing in DC with big budget implications. Take the GOP tax plan: White House Budget Director Mick Mulvaney is saying it has to add...

Duration: 00:26:03

10/02/2017: How is this economy doing, really?

As the police and FBI in Las Vegas try to figure out the "whys" of last night — not that there can really ever be an answer to that question — we're going to stay in our lane today and just note that President Trump will make a trip to the city Wednesday. Before that he'll travel to Puerto Rico, bringing with him news of a $13 billion request to Congress for emergency assistance. FEMA director Brock Long pointedly defended the federal response amid mounting criticism, adding that...

Duration: 00:27:07

09/29/2017: A "giant, beautiful, massive" tax cut

Lobbying is the word of the day as we look toward the rest of Congress' year. Tax policy might be the only issue that affects more Americans than health care, and if you thought the fight over Obamacare was intense, you ain't seen nothing yet. Then, we'll look at Facebook and Twitter, who are both in hot water with lawmakers over Russian interference in the 2016 election. Later, we'll examine the rebuilding effort in Puerto Rico and what debt's got to do with it. Plus, we'll talk about...

Duration: 00:27:21

09/28/2017: Here come the talking points

As tax week marches on, ranking Republicans in Congress and the White House are busy talking up their reform proposal. We'll do some fact-checking around who wins and who loses, then tackle all the potential changes to the corporate tax code. After that, we'll look at how one Los Angeles neighborhood group is fighting off gentrification by buying its own building. Plus: The second half our conversation with Microsoft CEO Satya Nadella.

Duration: 00:27:48

09/27/2017: What we talk about when we talk about taxes

Congressional Republicans and the White House took the wraps off their plans for the tax code today. It's still pretty broad, but we'll start the show by working though some of the details we got today: doubling the standard deduction, how companies will use tax savings on profits they bring home and maybe most importantly, how party leaders are gonna sell this thing. Then, we'll take a look back to 1986, the last time the government got tax reform through. Plus: A conversation with...

Duration: 00:28:51

09/26/2017: How to get aid to an island

Hurricane Maria left three and a half million Americans scrounging to find food, water, and electrical power. President Trump announced today he'll be heading to Puerto Rico to assess the damage and check on aid efforts. "It’s the most difficult job," he said. “It’s out in the ocean. You can’t just drive your trucks there from other states.” That's true! We'll talk about it. Then: Facebook touches two billion people around the world, and some in Congress are calling for regulations that...

Duration: 00:28:17

09/25/2017: Did you know it's tax reform week?

Congressional Republicans and the White House have promised they'll start filling in the blanks on their proposals to overhaul the tax code Wednesday, though you'd be forgiven if it escaped your notice. Anyway, the early glimpses we've gotten of the White House's plans have been a bit confusing, so we'll start today's show trying to sort it all out. Then: Critics have accused the government of being slow to respond to the devastation in Puerto Rico, but one industry is watching very...

Duration: 00:27:07

09/22/2017: What's driving the Senate's looming deadline

When Senator John McCain announced he'd vote no on the latest GOP replacement for Obamacare, he said: "The specter of September 30th budget reconciliation deadline has hung over this entire process," and he's right. We keep hearing about how Republicans need to get something done by the end of the month, and we'll start today's show with the health care drama and the legislative mechanism driving it. Then: Aaron Hernandez's autopsy result showed severe brain damage, and it's just the...

Duration: 00:27:10

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