Economy & Business

Business news

The ground is shaking near Cushing, Okla., home to the largest commercial crude oil storage center in North America.

This little patch of prairie in northwestern Oklahoma is one of the most important places in the U.S. energy market.

Oklahoma is on track to have a record year of earthquakes — more than 5,000 have already been recorded. And those quakes appear to endanger the very industry that created them.

In 2015, what's American made? The U.S. is known for manufacturing — it's part of our identity, though jobs have been lost. They've gone overseas. Technology has changed the way things are made.

Nevertheless, America is still making stuff.

And in terms of jobs, the Los Angeles area is the biggest manufacturing hub in the country. There are a few reasons why. There is plenty of space here to build things like factories and runways. That beautiful California weather? It's actually great for testing planes year-round.

Delegates from nearly 200 nations are in Paris to negotiate a new agreement to curb global warming.

The first such meeting took place 18 years ago in Kyoto, Japan — a conference that produced the first international treaty aimed at slowing climate change. That attempt failed.

Scientists say the planet is closer than ever to a climate catastrophe. So this time, the climatocracy has devised a radically new approach, requesting all countries to come up with voluntary limits on greenhouse gasses. The new plan also offers poorer countries cash to help offset their costs.

Considering China's currency for reserve status

16 hours ago
David Brancaccio

On today's show, we'll talk about why we need to keep an eye on the 10-year treasury yield; more on the IMF's decision on whether or not to include China's currency in its list of its official reserve currencies; and communities designed to help people with dementia.

New life for a Hollywood prop house

17 hours ago
Adrienne Hill

Louisiana, Georgia, New York, and Canada have, in recent years, grabbed a lot of film and television production that was once done in the Los Angeles area.

But, California is fighting back. The state tripled its tax incentives in an effort to help keep the work. It's offering millions to shows to come back to Hollywood, and millions to big budget films.

And the money seems to be paying off.

We recently toured 20th Century Props, a Southern California prop house that recently reopened its doors. 

How Minnesota's supporting people with Alzheimer's

17 hours ago
Catharine Richert

With the annual number of new cases of Alzheimer’s and dementia-related diseases expected to double by mid-century, Paynesville is among a handful of Minnesota towns striving to be dementia-friendly for its aging population.

Minnesota has a long tradition of taking the needs of the elderly seriously. In fact, Paynesville takes those needs so seriously, it greets visitors with a billboard announcing that it’s a dementia-friendly community. Programs offer shopping assistance at the local grocery store, education for first responders and training for local businesses.

Marketplace Tech for Monday, November 30, 2015

17 hours ago

Airing on Monday, November 30, 2015: On today's show, we'll talk about Cyber Monday sales; how consumers are using apps for shopping; and if innovation is outpacing regulation in the sharing economy.


Airing on Monday, November 30, 2015: On today's show, we'll talk about the big climate change conference in Paris; and a visit to a props house in Hollywood, which is trying to attract films back to California.

Andy Uhler

Puerto Rican government officials don't think the commonwealth can make the payment of $354 million, because it needs the money to keep vital institutions like schools and government agencies running. 

Over the past year, Puerto Rico has been no stranger to dealing with creditors. The island defaulted on a debt payment of almost $60 million in August. That marked the first default in the island's history. That was bad. Ted Hampton, Credit Officer at Moody's, said missing this deadline could be worse. 

New York City menus get salted with sodium symbols

17 hours ago
Marketplace staff


That's the recommended daily limit of milligrams of sodium a person should ingest. And starting Monday, New York City restaurants will be required to display a special symbol next to dishes that have more than that amount. As the Associated Press reports, it's estimated that the new rule applies to 10 percent of items at chain restaurants with at least 15 outlets nationwide.

$354 million