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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 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
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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




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


01/22/2018: This is just the way it works now.

When all is said and done, this week's government shutdown will have lasted 60 hours, give or take. There's a deal in place that'll get things back to normal by tomorrow morning. But what's "normal" even mean? We might be getting used to government run on a deadline, three weeks at a time or so, but that's not exactly "normal." And yet, the economy seems to be giving that not-normalcy a pass. That's where we're starting today's show. Then, we'll get the real issue underpinning the shutdown,...

Duration: 00:27:45

01/19/2018: Shutdown countdown

As we tape this, the United States government is hours away from grinding to a halt, barring a last-minute deal. The blame game is already starting, and that's where we'll start today's show. Then we'll look at lessons federal workers learned from the last shutdown. Plus, the latest on Amazon Prime, IBM and electric vehicle sales.

Duration: 00:27:30

01/18/2018: This is an idiotic way to run a $19 trillion economy

Here we are again. No federal budget, no government funding beyond the next day or so. There was a time when this state of affairs was brushed off as congressional legislators simply kicking the can down the road, that they'd come to their senses and be, y'know, responsible. But those days seem to be gone, and this economy's getting by on a never-ending series of four-week budget stopgaps. That's how we're starting the show today. Then: a check on the White House's infrastructure plan, which...

Duration: 00:26:24

01/17/2018: What's a "contribution" to the economy look like?

You can add a certain device maker from Cupertino, California, to the list of companies crediting the new tax law for new strategic business decisions. Apple announced today it would bring profits back from overseas and add a bunch of new jobs in the next five years. We'll kick off the show today by talking about what it all means. Then: President Donald Trump likes to take credit for gains in the stock market over the past year, but it's worth noting that economies and markets in Europe,...

Duration: 00:27:19

01/16/2018: Is "Catan" the next blockbuster?

Sony Pictures hopes so. The studio is making a bid for the rights to the bestselling board game. We like Catan because it's all about economics, but is there enough there for the kind of mega-franchise Hollywood demands these days? Plus, we're talking markets and the Chinese government's new plan for limiting the population of Shanghai.

Duration: 00:28:10

01/15/2018: How health care is changing this year

Congress may not have completely repealed the Affordable Care Act, but it sure is changing everything about affordable care. First up: CHIP, which covers about nine million children, who are now in danger of losing that coverage. Congress failed to extend funding back in September, and the program will run out of money on Friday. That's the same day for a possible government shutdown, unless there's a broader agreement on funding. Then: Federal health officials are letting states impose work...

Duration: 00:26:03

01/12/2018: Here's the thing about this week

This week could have been an economic messaging home run for the White House and congressional Republicans. The tax law's kicking it, companies are giving bonuses and raises, some raises anyway. But no. We'll talk about it. Then: T. Boone Pickens announced today he's hanging it up. He's pretty much the stereotype of the big-time oil man, with his Oklahoma-Texas drawl. He made more than a billion dollars in the energy industry and ran a hedge fund, too. We'll talk about his legacy. Plus:...

Duration: 00:27:13

01/11/2018: Is the tax plan going according to plan?

When the world's biggest private employer speaks, people listen, even the White House. Walmart announced this morning it's gonna give some of its hourly workers a one-time bonus of as much as $1,000 and bump starting wages to $11. They also announced layoffs, it should be said. The White House was quick to take credit for the raises, which Walmart attributed to the tax bill. So what does that mean for the tax plan? That's the question that starts off today's show. Then: The Internal Revenue...

Duration: 00:27:33

01/10/2018: What about me??

You've probably seen a bit of that televised negotiating session congressional leaders had with President Donald Trump yesterday. Immigration was the headline news out of it, but the president floated something else that hasn't gotten as much attention: bringing back earmarks. They let members of Congress direct money specifically toward their pet projects, and the GOP basically banned the practice in 2010. We'll catch you up on why they left, and why they might be coming back. Plus, the...

Duration: 00:28:13

01/09/2018: The bond market's talking, but who's listening?

We talk about the yield of the 10-year T-note a lot on our show. Maybe you're not quite sure what that means. Maybe your eyes glaze over a little bit. Well, it's time to pay attention. We'll tell you everything you need to know to read the tea leaves with us. Then: Residents of New York City pay some of the highest taxes in the country, and in turn they have some of the most expensive public services in in the country. The top 1 percent of the city's economic pyramid pays nearly half of New...

Duration: 00:27:55

01/08/2018: The farm economy in the Trump era

President Donald Trump was in Nashville, Tennessee, today, giving the keynote address at the annual convention of the American Farm Bureau Federation. We're starting today's show with everything you need to know about the ag economy in 2018, and what farmers are looking for from the president. Then: It's been 110 days since Hurricane Maria hit Puerto Rico. More than 40 percent of the island is still without power, and that's starting to have ripple effects throughout the wider American...

Duration: 00:26:47

01/05/2018: How the tax bill will effect the world's biggest companies

During the next few weeks you'll be hearing from from some of the world's largest companies about big, one-time write-downs against their financial results. Think multinationals like Microsoft, Alphabet and Johnson & Johnson. Many are expected to warn that their profits will be hurt by the huge bills they have to pay under the new tax law. But those write-downs are just small setbacks on the way to big windfalls. We'll explain. Then: everything you need to know about the rotisserie chicken...

Duration: 00:26:57

01/04/2018: How big a deal is this chip problem, anyway?

Spectre? Meltdown? The security flaws found in CPU chips this week sound pretty bad, and it's true that they affect basically all computing we do. We're kicking off today's show with everything you need to know, and how Intel and other tech giants can avoid these vulnerabilities in the future. Then: Attorney General Jeff Sessions has rescinded an Obama-era policy that helped legal marijuana thrive in parts of the United States. We'll look at what the order could mean for the nascent...

Duration: 00:26:51

01/03/2018: How do you prepare for a "bomb cyclone"?

As markets hit new records today, the energy industry is preparing to set a new record of its own. The so-called "bomb cyclone" threatening the East Coast with snow and chilly temperatures could push natural gas use to new heights. We'll take a look at how utilities are preparing. Then: Leaving aside the dishier news out of the White House today, let's talk about President Donald Trump's Twitter feed. On New Year's Day, he complained about the aid we send to Pakistan and criticized its...

Duration: 00:27:33

01/02/2018: Ready for another government shutdown?

Congress has to pass legislation to fund the government by Jan. 19 or there will be a partial government shutdown, which some policy analysts see coming. That's because Democrats and Republicans are far apart on issues like immigration, defense spending and the Children's Health Insurance Program. Meanwhile, on the other side of the country, Californians are dealing with the cost of disastrous wildfires. It's too early to know how many billions of dollars in damages there will be, but there...

Duration: 00:25:48

01/01/2018: Accountants didn’t have much of a holiday

The federal tax overhaul goes into effect today, now the real fun begins for accountants. CPAs and tax lawyers around the nation have spent their holidays parsing the bill to figure out how it could help or hurt their clients. Also of today, 18 states and 20 cities have new higher minimum wage requirements. The wage hikes run across the country, from Maine to California. Then you have cities doing their own thing, setting a higher local minimum wage than the state overall. What does this...

Duration: 00:26:01

12/29/2017: Athleisure vs. the cotton industry

Spandex, yoga pants, and Lycra aren't just for Pilates classes anymore. They're infiltrating the American wardrobe, and it's plaguing the already beleaguered cotton industry. Plus, there are $2 billion worth of bitcoin transactions every day. Some governments, like South Korea, want to regulate speculation on the volatile cryptocurrency. And this holiday weekend, you may find yourself watching a football bowl game. It's a tradition that dates back to the first Rose Bowl game in 1923, but why...

Duration: 00:26:16

12/28/2017: A cashless China

Trillions of dollars in payments each year occur via mobile apps like Alipay in China, where the cashless society of the future is here. You can even pay for your fried chicken with facial recognition technology. We’re eschewing conventional finance rules in the U.S., too, or at least Chelsea Fagan is. She talks to Adrienne Hill about her new book, “The Financial Diet,” which offers personal finance advice a little differently than we’re used to. Plus, a look back at the year’s energy news,...

Duration: 00:26:34

12/27/2017: Good time to be a tax lawyer

But not the easiest time to be a taxpayer. Should you prepay for 2018 to avoid an impending deduction cap? Is it time to incorporate? How can you get the maximum benefit? We ask experts to help navigate these questions. And during his campaign, President Donald Trump made reviving the coal industry a signature goal. We go to coal country and talk to miners taking this promise to heart. Plus, man versus machine: Every medical office has one, but should fax machines be outlawed? And why is the...

Duration: 00:27:37

12/26/2017: You gave some nice gifts this year

This holiday season, many retailers saw 5 percent increases in sales from last year, and higher-end products did well. We speak with Ellen Davis of the National Retail Federation, who chalks it up to economic security, or maybe you're just really nice. In today's energy news, what the world's fastest battery means for energy-storage technology and fossil-fueled power plants, and how uranium companies in the U.S. are getting ready for India and China's hundreds of new nuclear reactors. Plus,...

Duration: 00:27:17

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