Weekdays, 4:00PM - 4:30PM
- Hosted by Kai Ryssdal
Marketplace, hosted by Kai Ryssdal, is 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 30-minute program has a reporting style that is lively and unexpected, focusing on the latest business news both nationally and internationally, the global economy, and wider events linked to the financial markets. Marketplace is a Peabody Award-winning program produced and distributed by American Public Media, in association with the University of Southern California.
Tuesday, September 19, 2017 9:40amIn the wake of the Equifax hack (and the one before that, and the one before that ... ), how should you think about credit, data security and online privacy? And what could the European Union teach American companies about protecting your data? Then: "Outlander" showrunner Ronald D. Moore answers our Make Me Smart question, and we answer some of your questions about #NoConfederate and our interview with April Reign. Mentioned on the show: If you want to learn more about the history of credit reporting agencies in the United States, you can read Josh Lauer's book “Creditworthy: A History of Consumer Surveillance and Financial Identity in America.” And if you want to read more about why the idea of a show called "Confederate" upsets people before they've even seen it, we've got some links for you at our website.
Tuesday, September 19, 2017 9:08amThe Federal Reserve has been backstopping the American economy for almost a decade with its $4 trillion pile of bonds and mortgage-backed securities it bought up during and after the financial crisis. The idea was to keep borrowing costs low and goose the whole economy. It's widely expected that the Fed's going to start unwinding its balance sheet tomorrow, letting the economy work a little more normally. So what's going to happen? Then: FEMA says fewer than 20 percent of the homes affected by Harvey carried flood insurance, and that makes recovery all the more difficult. Plus: A new study from Yale University says Americans, mostly white Americans, are just plain out of touch with how economically unequal this country is.
Tuesday, September 19, 2017 6:40amApril Reign was a guest on a recent episode of Make Me Smart. In 2015, she created the Twitter hashtag #OscarsSoWhite, which prompted the Academy of Motion Picture Arts and Sciences to examine the diversity of its members. Reign continues to influence conversations about casting in movies and television. More recently, she co-created the #NoConfederate hashtag to protest an upcoming HBO show "Confederate" by the creators of HBO's mega-hit "Game of Thrones." By upcoming, I mean it could take years for the show to even begin production. In the podcast, April explains why that was important to her, but some of you had your own questions. 1. How can a person protest something that doesn't yet exist based on a press release? 2. How can we do an interview about the #NoConfederate protest when we're also reading "The Man in the High Castle" as our book club selection? If they're both alternate histories, what makes a potential TV show called "Confederate" more objectionable than a TV show about Nazis? Kai and Molly share their answers in this week's podcast, but I also wanted to share a bunch of articles and Twitter threads that I found helpful when this story first broke back in July. This piece in the New York Times by Roxanne Gay and this article by Ta-Nehesi Coates in The Atlantic are two of the most eloquent takes on the issue. Here's the Vulture interview with the four executive producers on "Confederate" where they share their feelings about the fierce reaction to HBO's press release. As for the second question, that's something that we have to ask ourselves when we talk about our current Make Me Smart book selection, "The Man in the High Castle" by Philip K. Dick. But for me, no one has done a better job explaining the difference than Jermaine Spradley, executive editor of Bleacher Report. It's a Twitter thread, so click through and keep scrolling down. Guys before you start, don't compare The Man in The High Castle to Confederate. It's not even close to the same thing for a bunch of reasons — Jermaine Spradley (@MrSpradley) July 19, 2017 I hope this provides some useful context for what I'm sure will be an ongoing discussion on our show and beyond. Your emails, tweets, Facebook posts and letters are my favorite part of this show, so keep 'em coming.
Tuesday, September 19, 2017 3:29am(Markets Edition) Toys 'R' Us has filed for Chapter 11 bankruptcy, which means it's going to try to restructure the business instead of shuttering its operations. We'll look at how the company has struggled with debt since 2005, when private-equity firms took over in a $6.6 billion buyout. Next, we'll talk about a possible upswing in the seasonal job market, and then discuss how Macy's fulfillment centers could be an opportunity for the tens of thousands of retail workers who lost their jobs this year. Finally, we'll report on the major stock indices, which are mixed this morning.
Tuesday, September 19, 2017 12:19am(U.S. Edition) Toys 'R' Us is filing for Chapter 11 bankruptcy, meaning it's going to try to reorganize in order to pay back its $5 billion in debt. We'll take a look at how the toy giant ended up in this jam. Afterwards, the head of Bridgewater Associates — Ray Dalio — joins us to discuss the unconventional methods his hedge fund uses to evaluate employees and their ideas. That includes a system where employees rate each other, in real time, during meetings.