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.

Playlist

March 31, 2017

6:57 PM
Like an Animal
Artist : Cymbals
Album : Like An Animal
Composer : Cymbols
Label : Tough Love Records

President Obama signed offshore drilling bans for Arctic and Atlantic areas just before he left office, but President Trump's new executive order could cancel that.

Click the audio player above to hear the full story. 

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Jana Kasperkevic

Turns out, the "Fearless Girl" statue is not just a feminist symbol, it’s also generated millions in free advertising for the financial firm that commissioned it.

Apex Marketing crunched the numbers and found that since State Street Global Advisors installed the statue in early March, it has been worth $7.4 million in advertising, according to Bloomberg. All the tweets, selfies and news reports mentioning the artwork resulted in:

First-quarter economic growth numbers are out this morning, indicating that GDP underwent the slowest pace of growth in three years. We'll explore what the data points reveal about consumer and business activity. Next, we'll look at the local South LA economy 25 years after the infamous LA riots, which followed the acquittal of several white police officers who were caught on video beating the unarmed black motorist Rodney King. Today, some residents are enjoying a housing boom, but for many, economic conditions haven't improved since 1992.

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Tony Wagner

We started kicking the tires on a Make Me Smart book group a couple weeks ago, and today we're making it official.

The GDP first estimate for the first quarter is out Friday. President Trump has promised growth of 4 or even 5 percent; his treasury secretary just promised major economic growth in defense of the president’s supply-side tax proposal. But what, realistically, is the first quarter GDP likely to show? Economists are puzzling over a contradiction between what they call “hard” and “soft” data. Reports on consumer and business spending, industrial output — the “hard data — have been pretty mediocre so far this year.

The former Mormon who created a hacktivist website

14 hours ago
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Bruce Johnson and Danielle Stephens

On Marketplace Tech, we’re taking a deeper look at "hacktivism," activist hackers who use their digital toolkit to push a social agenda. But in their mission to make information more transparent or accessible to all, some hacktivists take a lot of personal risks when they go up against the status quo.

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Bruce Johnson

In our series on "hacktivism," we take a deeper look at how hackers use their digital toolkit to push for a particular agenda. We looked at the debate over Sci Hub, a site that allowed scientific research papers, previously behind a paywall, to be shared with everyone. We heard from John Bohannon, a contributing correspondent for Science Magazine. Below is an edited transcript of his conversation with Marketplace Tech host Ben Johnson.

How hacktivism intersects with the law

16 hours ago
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Bruce Johnson and Danielle Stephens

We’re taking a deeper look at the idea of hacktivism, and how activists use technology to push forward a social or political agenda.

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Marketplace

It's been a busy past few days in the tech world, so we're going to kick off the show by playing "Silicon Tally" — the game where were try to stump people with numbers from the week's tech news. Our guest this Friday: Melissa Kirsch, editor in chief of Lifehacker. Afterwards, we'll look at virtual reality's strong presence at the annual Tribeca Film Festival, and then chat with researcher Molly Sauter about the laws governing cyber crime.

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Andy Uhler

For more than a year, Marketplace has been working with Edison Research to measure how people feel about the economy. The latest Marketplace-Edison Research Poll is out this week. Respondents were given the choice between two statements: “Immigrants take jobs away from American workers” or “Immigrants do the jobs Americans don’t want to do.” Sixty percent of Americans chose the latter.

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Libby Denkmann

Saturday, April 29, marks the 25th anniversary of the Los Angeles riots. Some in the city now call what transpired “the uprising” or “the rebellion.”

It all started following the acquittal of four police officers who were caught on video beating an unarmed black man, Rodney King.

Amidst widespread arson and looting, more than 60 people were killed, hundreds more were injured and at least 1,000 businesses were damaged or destroyed. Estimates put the damage around $1 billion.

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Marketplace

As Congress gets ready to vote on a stopgap funding bill that would prevent a government shutdown, we'll get you up to speed on where things stand. Afterwards, we'll talk about the country's economic growth as President Trump approaches his 100-day milestone, and then look at how many immigrants are starting to stay home due to increased fears of deportation.

Is ‘hacktivism’ a force for good … or chaos?

16 hours ago
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Bruce Johnson and Danielle Stephens

We’re taking a deeper look at "hacktivism": how hackers use their digital toolkit to push for a social agenda. There are multiple definitions out in the ether for what hacktivism means. And the definition of "activist" often depends on perspective. One of the first well-known hacktivists from the group Cult of the Dead Cow, Oxblood Ruffin, defined hacktivism as “using technology to improve human rights.

Founder of hacker group LulzSec explains the chaos of hacktivism

16 hours ago
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Bruce Johnson and Danielle Stephens

The infamous hacking group LulzSec, which aligned itself with Anonymous, was responsible for hacking some high-profile sites and companies like Sony and PBS.  The founder of LulzSec, Hector Monsegur, known by his hacker handle Sabu, now works for Rhino Security Labs, a company that helps businesses assess cybersecurity threats so they can plan to combat them. He talked to Marketplace Tech host Ben Johnson for our series on hacktivism. Below is an edited transcript of their conversation.

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Reema Khrais

The U.S. Department of Education is one of the many agencies President Trump is looking to shrink. His administration is calling for a $9 billion — or 13 percent — cut to the Education Department’s $68 billion budget for the next fiscal year.

Is Hulu's 'The Handmaid's Tale' political commentary?

Apr 27, 2017
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Adrienne Hill and Daisy Palacios

This week, Hulu premiered the first three episodes of "The Handmaid's Tale." The TV show is based on the book by Margaret Atwood and set in a dystopian America with a totalitarian government in charge. It's a world where women have been stripped of their right to control their bodies, to work and to control money. Bruce Miller is the showrunner and creator of "The Handmaid's Tale." He talked with Marketplace host Adriene Hill about developing this show.

The auto industry came to Washington today for talks with the Environmental Protection Agency and Department of Transportation. On the table: tweaks to the emissions and mileage requirements currently in place. The White House and automakers want lower standards to be considered.

Click the audio player above to hear the full story.

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Jana Kasperkevic

It’s been a busy day for United Airlines.

The airline has been doing some serious lifting in an effort to repair its reputation after a passenger was dragged off one of its flights. Dr. David Dao’s removal, which was captured on a widely shared video, sparked outrage and led the airline to reevaluate and overhaul its procedures for overbooked flights.

Early this afternoon, United also announced that it has reached a settlement with Dao.

NAFTA negotiators could look to TPP for guidance

Apr 27, 2017

After a flurry of news reports that President Trump was considering pulling out of NAFTA, the North American Free Trade Agreement, he now says he wants to renegotiate the deal. Even fans of NAFTA will admit it's not perfect, and improving it could involve taking cues from another trade deal Trump bailed out of — the TPP, or Trans-Pacific Partnership.

Click the audio player above to hear the full story.

How much do manufacturing jobs really matter?

Apr 27, 2017
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Mitchell Hartman

In the Marketplace-Edison Research Poll, 80 percent of respondents said they consider manufacturing jobs to be “very important” (43.5 percent) or “somewhat important” (36.1 percent) to the local economy where they live. Support for manufacturing jobs was relatively strong across all demographic groups and income brackets, receiving the strongest support from those making less than $25,000 a year, and those with only a high school education or some college but not a bachelor’s degree.

Before the Affordable Care Act, if you were living with a pre-existing condition, it usually meant you'd pay through the nose for coverage, your condition might not get covered or you'd have no insurance at all. Now, under the ACA, these same people can't get charged more for their condition. But that may be about to change. In the House Republicans' most recent effort to repeal the health law, a new amendment would allow states to charge the sick higher rates — if those people dropped their coverage.

Click the audio player above to hear the full story.

04/27/2017: Everything is a renegotiation

Apr 27, 2017
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Reema Khrais

After a flurry of reports that President Trump was weighing an order to pull out of NAFTA, he now says he'd rather renegotiation. But improving the trade deal could mean exhuming Obama's Trans-Pacific Partnership. Then: Republicans haven't given up on repealing and replacing Obamacare. The latest twist is an amendment that would let states decide whether insurers can charge people with pre-existing conditions. We'll try to game that out.

United Airlines is issuing a series of changes, including offers of up to $10,000 for passengers who shift flights, in response to the dragging incident earlier this month. CEO Oscar Munoz joined us to talk about the company's new policies and the "awful choice of words" in his initial apology. Afterwards, we'll look at a movement in Mexico to stop imports of U.S. corn, and then talk about the practice of brand relabeling.

Before unicorn frappuccinos, there was unicorn toast

Apr 27, 2017
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Adrienne Hill and Sean McHenry

Unicorn frappuccinos: the limited-time-offer Starbucks drink that temporarily consumed the internet. But did you know the original inspiration, unicorn toast, came from the mind of health food blogger Adeline Waugh, and that it was, you know, healthy?

The novel 'Startup' casts a critical eye on the tech world

Apr 27, 2017
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Lizzie O'Leary and Hayley Hershman

Doree Shafrir's debut novel "Startup" centers on three main characters: Mack, Katya and Sabrina. Mack McAllister is a 28-year-old entrepreneur who runs the meditation app company TakeOff. He's trying to raise more money to keep the company afloat. Katya Pasternack is a young journalist working for a tech blog and in search of a big scoop. Then there is Sabrina Choe Blum. She's the wife of Katya's boss and is back in the job market after taking time off to raise her children. She is working for none other than Takeoff.

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