Marketplace

M-F 6:30 p.m.
  • Hosted by Kai Ryssdal

In-depth focus on the latest business news both nationally and internationally, the global economy, and wider events linked to the financial markets. The only national daily business news program originating from the West Coast, Marketplace is noted for its timely, relevant and accessible coverage of business, economics and personal finance.

The hidden fallout of Brexit

21 hours ago
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Andy Uhler

Wall Street's head is still spinning from the Brexit, but the fallout is short-term. We spoke with experts who said U.K.'s split from the European Union will have us talking about what this means for businesses and the global economy for the next decade.

Fiona Hill, director of the Center on the United States and Europe at the Brookings Institution

Currency traders take a wild ride during Brexit

Jun 24, 2016

Foreign currency traders spent the night glued to their screens as the results came in that U.K. decided to leave the European Union. Yra Harris is a Chicago-based veteran trader who shares his experience trading the pound during the Brexit vote.

Click the audio player to listen to his story.

What does Brexit mean for you?

Jun 24, 2016
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Kim Adams

What happened?

The future of the Bank of England's governor

Jun 24, 2016

On today's show, we'll talk about a drop in the value of the British pound following the recent Brexit vote; David Cameron's decision to step down as prime minister; and whether the governor of the Bank of England, Mark Carney, will remain in his position. 

What U.S. leaders have to say about Brexit

Jun 24, 2016
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Greta Hallberg

The final votes were tallied early Friday morning and the U.K. voted to leave the European Union, rattling global markets. Here are the official statements about the news from major U.S. players:

The Federal Reserve:

What you should do when the markets go crazy

Jun 24, 2016
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Kim Adams

Prepare for a lot of red today. Global markets are down in response to the U.K. referendum to leave the European Union. Some traders are saying they haven’t seen volatility like this since 2008, which can be a lesson for individual investors.

When markets go crazy, investors seeing sharp declines in their retirement or other accounts might feel the urge to sell and cut their losses. Jennifer Myers, a financial planner and president of Sagevest Wealth Management in Virginia, warned that people shouldn’t panic.

A look at Brexit's impact on Asia

Jun 24, 2016
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Rob Schmitz

As it became clear overnight that Britain will be leaving the European Union, markets in Asia were the first to react. In Seoul, markets tumbled nearly 4 percent. The stock markets of Hong Kong and Shanghai were down. 

And in Japan, the Nikkei was down 8 percent. Stocks in the country suffered their worst day in five years.

At the start of the day, the yen was trading at 106 to the dollar — that dropped to 99 to the dollar as global investors sought a safe haven for their money, said Gavekal Dragonomics’ Arthur Kroeber.

Some still optimistic in the face of Brexit vote

Jun 24, 2016
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Marketplace staff

The U.K. has decided to leave the European Union, casting uncertainty over immigration, trade and the world's financial markets. "Leave" voters won 52 percent to 48 percent, according to our partners at the BBC. 

But despite the turmoil that global markets and "Remain" voters  are currently facing, some business leaders are still projecting enthusiasm about the region's future. 

Brexit vote rattles markets

Jun 24, 2016
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Kim Adams

Global markets are already reacting to the decision by U.K. voters to leave the European Union. The “Leave” voters won by a tiny margin in Thursday’s referendum, edging out those who wished to remain in the political and economic union by just a few percentage points.

That came as a surprise to many, according to Michael Hewson, chief market analyst at CMC Markets in London.

“The betting markets had really been banking on a 'remain' vote," he said. "Certainly the direction of travel for equity markets and the pound had pretty much been a one-way bet all of this week.”

Marketplace Tech for Friday, June 24, 2016

Jun 24, 2016
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Marketplace

On today's show, we'll talk about Twilio's first day of trading on the New York Stock Exchange. Plus, we'll play this week's Silicon Tally with Katie Notopoulos, a senior editor at Buzzfeed. 

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