Economy & Business

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Facebook and Instagram have replicated many of Snap's features, from face filters to disappearing messages, and that hasn't been great for business on Snap's end. Does it still have some creative power going for it right now? Business Insider senior reporter Alex Heath takes a look at the company's future with us. Afterwards, we'll talk to 17-year-old Jack Cable about that time he hacked the Air Force.

08/10/2017: Get ready to negotiate that raise

Aug 10, 2017

Deep into this slow economic recovery, American workers might finally be gaining the leverage to ask for more money (or they'll find work elsewhere.) On today's show, we'll discuss why their prospects are looking good. Afterwards, we'll discuss how military conflict between the U.S. and North Korea would affect the global economy, and then look at Nordstrom's (unsuccessful) attempts at going private.

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Copyright 2017 NPR. To see more, visit http://www.npr.org/.

ARI SHAPIRO, HOST:

What You Say Will Be Held Against You

Aug 9, 2017

A Google engineer was fired this week over a memo he wrote about what he saw as the company’s “politically correct monoculture” and questioning policies aimed at hiring more women.

He argued that women were biologically less suited for certain jobs in tech, drawing outrage over both his opinions and over his firing.

With guest host John Donvan.

President Donald Trump has insisted that his 17-day stay at his New Jersey golf course is not a standard vacation:

Google fired a male employee after he wrote an incendiary memo about women at work. But now what?

The tech giant has a poor track record when it comes to diversity. A new leader at Google could have the solution — if her bosses want to listen.

Right before heading out for its August recess, the U.S. Senate confirmed two Trump administration nominees for open seats on the Federal Energy Regulatory Commission.

For the first time in nearly six months, the commission has enough members to vote on permitting major energy infrastructure projects.

"South Africa's economy is in dire straits" with no short-term fix

Aug 9, 2017

In South Africa, there’s political disquiet this week along with economic discontent. The South African parliament tried and failed to oust President Jacob Zuma in a secret-ballot vote of no confidence. While the failure wasn’t a shock, the final vote was closer than it’s ever been, which has made Zuma’s critics more confident. Zuma is accused of corruption on the order of hundreds of millions of dollars and of mismanagement of the economy. The country’s unemployment rate is above 27 percent, and the sovereign debt is officially junk.

People are "begging" for plus-size fashion

Aug 9, 2017

Retail's woes are well documented, but there's one corner of the market that's doing well: plus-size fashion. According to the NDP Group, a market analyst, the plus-size market grew by 6 percent in 2016, twice that of clothing retail overall. The folks at the front of plus-size fashion aren't the design houses you're used to hearing about, but smaller startups like Premme, founded by designers and social media icons Gabi Gregg and Nicolette Mason.

You may have heard about Disney's announcement that it's going to launch its own streaming service. The company is ending a deal with Netflix and says it wants more control over its destiny. And as for cable, that service that "cord cutters" and "cord nevers" spurn, is another streaming service a problem for them? Maybe not, since cable companies no longer just sell cable TV service. Their real growth is in selling households broadband internet.

Click the audio player above to hear the full story. 

What the bond markets are saying about North Korea

Aug 9, 2017

The headlines today have been a lot about fire and fury and escalation and threats from North Korea. One way to cut through the fear is to look at what financial markets are thinking — bond markets, in particular. They act as sort of a fact check on the news and the economy. And bond markets are telling all of us to take it easy.

Click the audio player above to hear the full story.

Most of us think of jellyfish, when we think of jellyfish, as something to be avoided at the beach (or as the protagonists in that one episode of Friends).

Even marine biologists have historically cast aside these bothersome interlopers when conducting surveys of more "important" ocean species.

When Donald Trump was running for president last year, he never failed to portray the U.S. economy in the direst terms, with sky-high jobless rates, an anemic manufacturing sector and huge trade deficits as far as the eye could see.

"Look, our country is stagnant. We've lost our jobs. We've lost our businesses. We're not making things anymore, relatively speaking," he said during one of the presidential debates.

What a difference an election makes.

Federal health officials say a controversial program that allows hospitals to purchase drugs at deep discounts needs some fixing.

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