Economy & Business

Business news

Earlier this year, singer and cookbook author Patti LaBelle teamed up with Wal-Mart to make a sweet potato pie.

It costs $3.48, it's got her face on the box, and sales were just OK when it came out in September.

But today, it's a scarcity. The pies have sold out in many Wal-Mart stores and are going for up to $40 on eBay. (We found this Craigslist listing selling slices for $10 each in Washington, D.C.)

In a change that's sure to send ripples through a media empire built on a thoughtful and rigorous approach to food, chef Chris Kimball is leaving America's Test Kitchen, the company he co-founded. Kimball's departure comes two months after the company got its first-ever CEO.

"Kimball's departure is immediate," says the Boston Common Press, the parent company of America's Test Kitchen, which says the two sides weren't able to agree over Kimball's contract. Kimball, 64, is also leaving his spot as the editor-in-chief of Cook's Illustrated magazine.

Grocers know this: Cheap turkeys will get customers into the store.

So this Thanksgiving, despite an avian flu that killed 8 million turkeys, shoppers are having no trouble finding bargain birds priced lower than last year.

In fact, store managers have been slicing all sorts of holiday-related food prices this fall.

When you're trying to persuade investors to pour money into your new seafood startup, maybe don't use the term maggots.

Full interview: Dr. Ben Carson on the economy

Nov 17, 2015
Kai Ryssdal

This interview originally aired on October 7, 2015. 

Marketplace host Kai Ryssdal talked with Republican presidential candidate Ben Carson about his campaign, the economy, and how he would change the government if he were elected.

Kai Ryssdal: Dr. Carson, good to have you with us.

Dr. Ben Carson: Good to be here.

Ryssdal: Here's the most basic question, sir, so I'll start with it first: Why do you want to be the president of the United States?

Data encryption under increased scrutiny after Paris attacks

Nov 17, 2015
Kai Ryssdal and Molly Wood

In the wake of the terrorist attacks in Paris last week, a conversation that's been bubbling in the tech world has just gone supernova. For months now, security officials have been arguing with tech companies over encryption. Companies like Apple, Google, and WhatsApp have started to encrypt their customers' messages and emails as a privacy measure. But the government is worried that such encryption prevents it from gathering information about things like terrorists planning major attacks -- or any other crime, for that matter.

Kim Adams

The open border policy in some European countries is looking more and more vulnerable. The Schengen Agreement, as it’s called, is facing harsh criticism from the right in Europe following the recent Paris attacks. What to do about Schengen is on the agenda for an emergency European Union summit on Friday. Several countries have already temporarily closed — or increased screening — at borders, and there are calls to toss the agreement altogether.

College completion rates fall again

Nov 17, 2015
Amy Scott

As parents of millions of high school seniors well know, we’re smack in the middle of college application season. Here’s some sobering news to think about from the National Student Clearinghouse: despite a huge national push to get more people through college, the percentage of students actually earning degrees continues to decline. Of the nearly 3 million people who started college in 2009, just 52.9 percent finished six years later.

Marketplace for Tuesday, November 17, 2015

Nov 17, 2015

Many Europeans want tighter restrictions on their borders, but that may stifle business; the declining rate of students graduating college within six years; and Hallmark's attempt to redefine their holiday marketing. 

Hallmark ads get edgier and more digital

Nov 17, 2015
Mark Garrison

Hallmark is trying something different in this year’s holiday ad campaign for its Keepsake Christmas tree ornaments. The ads are all online videos, as opposed to old-fashioned TV spots. This very old brand is taking a very big step away from old media in the hopes of being able to reach a specific audience of millennial mothers.