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.

Marketplace for Wednesday, May 27, 2015

4 hours ago

In Texas floods, homeowners count the cost

15 hours ago
Nova Safo

Floods in Oklahoma and Texas have claimed lives and destroyed numerous homes.

Rebuilding those homes and reimbursing homeowners will take months, if not a year or more. But some of those homeowners may not get all the help they will need, because they don't have flood insurance.

In Wimberley, a vacation town in between San Antonio and Austin which is situated on a river that rose 40 feet, flood waters washed away hundreds of homes and businesses.

The financial backdrop to Postal Service union talks

15 hours ago
Annie Baxter

Wednesday is the deadline for negotiators at the U.S. Postal Service to reach a new collective bargaining agreement with the American Postal Workers Union, which represents nearly 200,000 workers, including clerks, mechanics and vehicle drivers.

The talks are unfolding against a bleak financial backdrop. USPS’s financial losses have moderated a bit recently, but it’s still very much in the red. It reported a $1.5 billion net loss in the second quarter of the year, compared to a $1.9 billion loss in the period a year earlier.

Texas floods have business owners singing the blues

May 26, 2015
Kai Ryssdal and Alberta Cross

Flooding has disrupted life for many in the Lone Star State. Kellie Moore was at her bakery in Austin yesterday when the water levels began to rise.

"It was crazy," Moore told Kai Ryssdal. "I looked in the back room and I noticed that water was coming through the building ... [I] was trying to sop it up, but then it started coming into the kitchen and into the front of our showroom, and there was no way to stop the water."

Press the play button above to hear more of Kellie's story. 

Kai Ryssdal

This story comes as, I guess you might say, a mea culpa for the aspersions I cast on millennials the other day.

Maybe this'll ring a bell: 

There are 14,000 lobbying groups in Washington

May 26, 2015
Nancy Marshall-Genzer

To see just how ubiquitous lobbying has become in Washington, I make an appointment for lunch with Lee Drutman. He's a senior fellow at the New America Foundation and the author of "The Business of America is Lobbying."

He’s waiting for me at the buffet, and we're about to zero in on the food business: loading up our plates, then dissecting them to see which foods have lobbyists at the table. 

Home prices and sales are up, but who's buying?

May 26, 2015
Sabri Ben-Achour

Home values in 20 U.S. cities rose 5 percent for the year ending in March, according to the S&P Case-Shiller index out on Tuesday.

Five percent is better than economists expected and is pretty solid, especially when you throw in that the pace of new home sales sped up substantially to 6.8 percent in April, according to the Commerce Department. 

One of those new home sales was courtesy of Tara Ilsley Murillo, 28, and her husband in Durham North Carolina. 

Marketplace for Tuesday, May 26, 2015

May 26, 2015
Marketplace

Shhh ... we're talking about Fight Club

May 26, 2015
Kai Ryssdal, Mukta Mohan and Robert Garrova

The first rule of Fight Club is … do not talk about Fight Club. We’re going to break that rule, because there is now a sequel and it’s written in a completely different style than the original. Author Chuck Palahniuk teamed up with artists David Mack and Cameron Stewart to release a 10-part comic book that brings back Tyler Durden.

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