Economy & Business

Business news

The other Cleveland: Crossing the divide

Jul 18, 2016
Kai Ryssdal and Tommy Andres

This is the second in a two-part report on economic inequality and race, reported in conjunction with Frontline and PBS NewsHour for the collaborative series "How the Deck is Stacked." The first aired last Friday.

Roger Ailes' time at Fox News could be over

Jul 18, 2016

The Murdoch family has already decided to remove Roger Ailes as head of Fox News, reports Gabriel Sherman, National Affairs Editor at New York Magazine and the author of "The Loudest Voice in the Room: How the brilliant, bombastic Roger Ailes built Fox News — and divided a country."

Marketplace staff

Bridgewater Associates is pulling back from recruiting new hires, the New York Times reported this weekend. The hedge fund has reportedly cancelled dozens of interviews and stopped using external recruiters for the time being.

Donna Tam

Turkey, a country already struggling with flagging tourism, continues to feel the economic effects of the recent attempted military coup.

Turkey’s currency, the lira, fell by nearly 5 percent on Friday following news of the takeover declaration. The lira recovered a bit today, rising 1.4 percent, but other aspects of the country’s economy may not bounce back as quickly.

SoftBank to buy ARM for $32 billion

Jul 18, 2016
Lane Wallace

SoftBank, a Japanese telecommunications firm, is buying the British chip company ARM, which designs tiny processors that go in phones and computers all over the world.  

This deal is valued at more than $32 billion, and comes as the British pound is down against the yen.

Market participants beginning to embrace some risk

Jul 18, 2016

On today's show, we'll talk about the future of Turkey following the recent attempted military coup; the decision from market participants to start embracing some risk again; and an electric car startup that may start investing in the California city of Vallejo.

Stress has long been shown to increase the risk of heart disease, obesity, diabetes and a number of mental health problems.

What's in store for Turkey's future

Jul 18, 2016
David Brancaccio

After a military-backed coup in Turkey failed over the weekend, forces loyal to the country's government have been rounding up perceived opponents of the regime. But the Turkish economy continues to function, despite the region's political turmoil. Its currency, the lira, fell 4.6 percent on Friday as the news broke, but has recovered about half of that in trading so far today.

What does this all mean for Turkey's future? Or even Europe's future?  Ian Bremmer, the president and cofounder of the Eurasia Group, joined us to talk about where the country seems to be headed.

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Inside and outside the fence

Jul 18, 2016
Andrea Seabrook, Nancy Marshall-Genzer and Katie Long

From the Republican National Convention in Cleveland, we take a look at the barriers between the convention and the city — physical and psychological — and ask, who is this convention really for, anyway?

D Gorenstein

It’s a landmark day for transgender Americans.

Under a new policy from the U.S. Department of Health and Human Services, doctors and hospitals that receive federal funding face penalties if they discriminate against people based on their gender or their gender identity.

One study shows 70 percent of transgender people have experienced discrimination in health care.

Hasbro deal enhances its animation potential

Jul 18, 2016
Reema Khrais

The second-largest toy maker in the U.S. is stepping up its animation game. Hasbro recently acquired an Irish animation studio called Boulder Media, which has produced series for Cartoon Network, Nickelodeon and Disney.

The business deal will help boost the company’s animation quality, said Steph Wissink, a senior analyst at Piper Jaffray.

“Hasbro’s animation has phenomenal storytelling…but the actual animation itself is still a bit behind," she said.

The acquisition, she said, “will bolster their studio capabilities overall.”  

Sam Harnett

The electric car startup Faraday Future is considering a new factory on the old navy base in Vallejo, California. That Bay Area city has been searching for economic stimulus since the Navy pulled out in 1996. The city lost tens of thousands of jobs and subsequently went bankrupt during the 2008 financial crisis.

Now, Faraday says it could invest hundreds of millions of dollars and create hundreds of jobs. Residents are hopeful, but wary. In recent years, all kinds of people have come to Vallejo promising the moon.


On today's show, we'll talk about the latest developments in Turkey after an attempted military-backed coup; a new policy that'll aim to prevent doctors and hospitals from discriminating against people based on their gender or gender identity; and Hasbro's attempts to bolster its animation game.

Marketplace Tech for Monday, July 18, 2016

Jul 18, 2016

On today's show, we'll talk about Netflix's popularity — and the company's growing competition; an uptick in the livestreaming of political conventions, which may lead to more memes and attract younger viewers; and similarities between disruption at tech companies and disruption in the underground economy.