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  • Hosted by Kai Ryssdal

Hosted by Kai Ryssdal, Marketplace is an in-depth program that focuses on everything from 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.

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Regina King on the challenges of moving behind the camera

8 hours ago

Actor-director Regina King is no stranger to the Academy Awards. And she's up for best lead actress in a limited series at the Emmys on Sept. 17, her fourth consecutive Emmy nomination (she's won two). Known for her roles in "Southland" and the FX anthology "American Crime Story," King's most recent nomination comes not from network television, but from Netflix, where she stars in Veena Sud's drama "Seven Seconds" as Latrice Butler, a woman whose son is struck by a white police officer in a hit-and-run.

If you're the global trade policy type, this is the week for you. This morning, the U.S. Trade Representative opened six days of public hearings into President Donald Trump's proposal to tax another $200 billion worth of Chinese imports. These hearings, required by Section 301 of the Trade Act of 1974, are to let companies and trade groups affected by those tariffs weigh in. Here’s an indicator for you: Originally, there were only supposed to be three days of hearings.

What is a stock’s target price?

9 hours ago

Say you’re an investor. You’re trying to figure out whether to buy or sell a certain stock. One data point that can help is the stock's target price, a number that is predicted by a stock analyst based on a few factors.

“This is where I think the stock is going to be, say by the end of the quarter, based on everything I know now, everything I see ahead,” explained Karen Petrou, managing partner at Federal Financial Analytics.

If an analyst thinks a stock will hit $100, but right now it’s sitting at $50, that might be a cue to buy.

Fixing infrastructure: short-term pain, long-term gain

12 hours ago

More than 150,000 drivers per day use the heavily traveled Route 495 viaduct to connect from major New Jersey highways to the Lincoln Tunnel and Manhattan. A $90 million project to repair and rebuild the 80-year-old road that kicked into full gear in mid-August is expected to last until 2021. Transportation planners expect long-term lane closures on the 3.5-mile stretch of Route 495 to cause major traffic delays, especially at rush hour, when the highway is already packed. The project is partially funded by money raised by an increase in New Jersey's gasoline tax.

U.S. lagging behind in race for tech supremacy

15 hours ago

There's a worldwide race for tech dominance, a race that ranges from nanotechnology to quantum computing. China has an explicit policy to be the world's leader in artificial intelligence, while Israel spends more of its GDP on research and development than any other country. Where does the United States fit into all this? According to Robert Manning, a senior fellow at the Atlantic Council who has been following this race, the U.S. has a lot of catching up to do. 

Venezuela launches new currency, but problems remain

17 hours ago

Today Venezuela rolls out its new currency – the “sovereign bolivar.” It’s one of several steps the country is taking to curb runaway inflation, which is likely to top 1 million percent this year, according to the International Monetary Fund. What effect will this have on the South American nation’s economy?

Click the audio player above to hear the full story. 

Rains displace 800,000 in Indian state of Kerala

17 hours ago

(Markets Edition) Jackson Hole in Wyoming will be hosting the annual gathering of the Federal Reserve this week, where lots and lots of economic data is presented and discussed. Fed chairman Jerome Powell is set to deliver a speech on Friday, which will be a highlight for bankers and investors. Making sense of it all is Macro Policy Perspective founder Julia Coronado, who spoke with us. Then, we check in on the southern India state of Kerala, where hundreds have died from flooding caused by monsoon rains.

(U.S. Edition) Today, Washington will be host to hundreds of companies testifying about the Trump administration's plan to impose roughly $200 billion more in tariffs on goods from China. Most economists are seeing this as a bad move for the nation's economy, according to a survey from the National Association for Business Economics. Also, commuters from New Jersey heading into to new are bracing for hard times as this morning marks the start of construction-related lane closures heading into the Lincoln Tunnel. During rush hour, about 10,000 cars an hour move through the tunnel.

Rosé is becoming a year-round trend

18 hours ago

Rosé wine was long dismissed by wine buffs as cheap and cheerful. But the popularity of rosé is surging in the United States, where sales doubled in 2017.

Few Chinese citizens have credit cards or any sort of credit history. But the country has started incorporating more credit into its economy and culture, and the government is working on a way to measure creditworthiness for both businesses and individuals. Its plan? A social credit score. The idea is akin to the American FICO system in that it's a financial record of whether you paid your bills or traffic tickets.

(Global Edition) From the BBC World Service … Greece exits its third bailout today, but not everyone is celebrating 10 years after a financial crisis brought the country to its knees. Then, in Venezuela, inflation could reach 1 million percent by the end of the year as residents deal with sky-high inflation and economic hardship. Today, the country is taking five zeros off its currency in an effort to alleviate some of the pain. Afterwards, efforts to reduce plastic pollution are underway in many parts of the globe, but in Australia, some groups have been experiencing bag rage.

Few Chinese citizens have credit cards or any sort of credit history. But the country has started incorporating more credit into its economy and culture, and the government is working on a way to measure creditworthiness for both businesses and individuals. Its plan? A social credit score. The idea is akin to the American FICO system in that it's a financial record of whether you paid your bills or traffic tickets.

There’s a dance called earnings season that happens in the corporate world every three months. Public companies are required to open their books and add up all those debits and credits so that investors, analysts, and the media can comb through their financial statements. President Donald Trump on Friday said he’s asked the Securities and Exchange Commission to study canceling two of these dances, dropping the reporting requirement from quarterly to semiannually.

Netflix and Amazon are rushing to sign writers, directors and showrunners for multiyear, multimillion-dollar deals. The latest: Netflix confirmed that it has inked a deal with Kenya Barris, the creator of the ABC sitcom "Black-ish." So what are these streaming companies going after with all the money they're spending?

Click the audio player above to hear the full story. 

So ... you ever record anyone at work?

Aug 17, 2018

No judgement if you did. Verbally promised promotions can go up in a poof of smoke and proving a boss or co-worker is abusive is a lot easier when you have solid proof. But there are a few things you should think about before you hit that record button. Then: Public transportation doesn't cost a lot of money, but for people who rely on it to get to work, transit can cost a lot of time. We'll look at "time poverty" and how it affects American workers. Plus, we do the numbers on the streaming TV arms race.

To record your co-worker, or not to record?

Aug 17, 2018

Some co-workers are absolutely bat**** crazy. Some bosses are horrifically abusive. Some office mates make promises or promotions verbally that they “don’t remember” later. 

These are all reasons people give for making secret recordings in the workplace.

“Honestly, at first I was just recording them because I would come home and I would talk to my roommate about these things happening at work, and she was like, ‘No, there’s no possible way that happened,’” said Jessica, whose full name and occupation we aren’t using because she fears professional retribution.

Nationwide, most people still commute to work by car; 85 percent according to the 2016 census. Some people don't have that option. People who don't own vehicles often rely on public transportation, and in Dallas, 54 percent of people who do that spend at least 45 minutes commuting, each way.

The USDA is buying milk and giving it to food banks

Aug 17, 2018

For the first time ever, the U.S. Department of Agriculture will buy up milk from dairy farmers – $50 million worth. It'll go to soup kitchens and food banks to help people in need. But the program also has another purely economic purpose: to help America's struggling dairy producers. U.S. milk consumption has fallen more than 4 percent since last year, driven in part by shifting consumer preferences. Think of all those non-dairy milks, like almond and cashew, crowding store shelves. 

In an effort to save money and perhaps to promote longer-term thinking, this morning President Trump tweeted today that he wants regulators to look at ending quarterly reports for public companies, which have been required by law since 1970. What about twice a year instead of four?

Click the above audio player to hear the full story.

Euro's presence still looms large for many Greeks

Aug 17, 2018

(Markets Edition) One year ago, a tropical storm called Harvey formed and eventually morphed into Hurricane Harvey, making a devastating impact on Texas. Federal forecasters say this year's edition of hurricane season probably won't bring another Harvey-like storm, but Marketplace's Reema Khrais told us how vulnerable areas are applying lessons they learned from Harvey's appearance. Then, while e-cigarettes have U.S. regulators concerned, British authorities are actually focusing on the benefits of vaping, as the BBC's Anu Anand told us more.

The euro is a mixed blessing for Greece

Aug 17, 2018

In his flower shop beneath the parliament building in central Athens, Spiros Kontogiannis fumed over the euro, which he blames for Greece’s economic misfortune and the loss of control over its own affairs. By adopting the single currency, he said, Greece has fallen humiliatingly under foreign domination.

“As a Greek citizen, I feel ashamed — and have done so since the crisis began — because our politicians now take their instructions from abroad. And our economy has suffered as a result” he said.

Examining the toxic history of flame retardants

Aug 17, 2018

How would you feel knowing that perhaps 97 percent of Americans are walking around with a dangerous toxin linked to cancer in their blood? We’re specifically talking about flame retardants. According to an article in The Nation, flame retardants of varying kinds surround us and are a practically unavoidable part of our lives. 

McDonald’s goes posh with London pop up

Aug 17, 2018

(Global Edition) From the BBC World Service … A group of British lawmakers say the country’s national health service should promote e-cigarettes as a way of helping people stop smoking. But the World Health Organization is against the promotion of vaping. We’ll explore the evidence on both sides of the $15 billion dollar e-cigarette industry. Then, well-known for its burgers and fries, McDonald’s has become a staple of the fast-food industry around the world.

Engagement is a key measure of health for social media platforms. It's measureed not only by how much time users spend there, but also how often they upload, share, comment and "like." Investors want to know that these platforms are integrated into users' lives so that advertising revenue can continue to grow. But some platforms, including Snapchat and Facebook, are seeing engagement decline. Jessi Hempel, a senior writer for Wired magazine, points to a gradual boundary setting with social media that she thinks a lot of people have been doing, intentionally or not. (08/17/18)

Engagement is a key measure of health for social media platforms. It's measured not only in how much time users spend there, but also how often they upload, share, comment, and "like." Investors want to know that these platforms are integrated into users' lives so that ad revenue can grow. Right now some platforms, including Snapchat and Facebook, are seeing engagement decline. Jessi Hempel is a senior writer for Wired magazine. She sees lots of people gradually setting boundaries with social media, intentionally or not.

Midterms: Is it the economy, stupid?

Aug 16, 2018

You may have heard this phrase: "It’s the economy, stupid. ” And it usually is. Parties in power tend to do better when the economy is humming along, and voters are more likely to give them the boot when the economy’s not doing so hot. With low unemployment, a booming stock market and strong growth, the GOP should be set for the midterms, right? This time around, maybe not.

Click the audio player above to hear the full story. 

The power of a voice in transition

Aug 16, 2018

Whether it’s in politics, or a hit television show, or through writing, a record number of transgender Americans are making their voices heard right now. Thomas Page McBee is an author and a journalist who, in the midst of his writing career, transitioned at 30 years old. He'd had a couple of jobs and therefore gained the perspective of the androgynous co-worker and the male boss.

Steel tariffs add upward pressure to HVAC costs

Aug 16, 2018

Summer in Texas is hot. Real hot. And temperatures are rising even higher in recent years. That means if you don’t have air conditioning in June, July and August, it’s almost unbearable. Summer is also the worst time to replace a failing HVAC system because installation companies know they hold the upper hand and can charge a premium. But in today's climate, there are other things to consider. Some HVAC makers have increased prices in response to U.S. tariffs on imported steel and aluminum. 

Is it the economy, stupid?

Aug 16, 2018

Republicans are betting on the strong economy to sway voters in November’s elections, but will that work? This time around, maybe not. Also on today's show: A dispatch from Turkey, where Syrian refugees-turned-entrepreneurs are working to stay afloat in their new country. Plus, we talk with author and journalist Thomas Page McBee about navigating the power of voice as a trans man in the workplace. (08/16/18)

(Markets Edition) Retail goliath Walmart enjoyed rising profits into the early part of summer, and it also reported a 40 percent boost in its online sales. But it’s also reporting rising costs, and Marketplace’s Dan Gorenstein lets us know if that means the prices at Walmart are going to go up as well. Also, economist Diane Swonk lets us know if the possibly cresting housing market is a good thing, depending on where you live.