Economy & Business

Business news

Let's do the numbers... on the debt

Oct 20, 2016
Nancy Marshall-Genzer

The thing about numbers:  you can slice and dice them to support whatever point you’re trying to make.  Politicians are especially good at that.

When University of Georgia economist William Lastrapes sees this, he just shakes his head.

“When politicians start talking about the federal government debt, it’s very easy to talk about the big numbers," he said. "But you need to keep those numbers in perspective.”

Donald Trump's economic numbers still don't add up

Oct 20, 2016
Tony Wagner

When he wasn't creating memes or, as the Associated Press put it, "threatening to upend a fundamental pillar of American democracy" at last night's presidential debate, Donald Trump returned to some old economic hobby horses.

Scott Tong

As in any election, the number one economic issue is jobs. Any politician worth his or her salt will tap into voters’ anxiety about employment – or perhaps their optimism. But how good or bad do Americans really feel about their job situation”?

The newest economic poll from Marketplace Edison Research suggests feelings are mixed: more people fear losing their jobs, yet at the same time appear confident about finding the next one.

Abercrombie & Fitch tries to shed "mean girl" reputation

Oct 20, 2016
Molly Wood and Bridget Bodnar

For years, Abercrombie & Fitch was one of the most successful clothing retailers for teens and young adults. But then, sales started to plummet for the "mean girl at the mall," says Elizabeth Holmes, reporter at the Wall Street Journal. She wrote about the company's attempts to re-imagine the Abercrombie & Fitch brand to make it more inclusive so as to appeal to millennial shoppers.


Donald Trump talked about plenty of policy during last night's third and final debate, but he also made some of the most memorable statements of the night, including calling immigrants “bad hombres” and rival Hillary Clinton a “nasty woman.”

Marketplace for Thursday, October 20, 2016

Oct 20, 2016

With the third and final presidential debate in the books, all that's left are the SNL sketches, the hot takes and, oh yeah, the voting. We'll put some perspective on the national debt, see what it would actually take to start Trump TV and look at the "Nasty Hombre" merch that's already filling Etsy stores. Plus: If you can't make bail, are you being unfairly incarcerated? Lots of people think so, and the system is attracting more scrutiny.

On today's show, we'll talk about the presidential candidates' thoughts on the labor market and their plans to reduce the national debt; whom Americans think the economy is rigged toward; and one commission's plan to protect Boston's Citgo sign.

Copyright 2016 NPR. To see more, visit

If the economy is rigged, toward whom?

Oct 20, 2016
Kim Adams

The economy is "rigged." At least most Americans think so, according to the latest Marketplace-Edison Research Economic Poll. Supporters of both Hillary Clinton and Donald Trump agree.

Regardless of party, most Americans agree economic benefits are skewed toward the rich and big corporations.

Pop quiz: What positions will the next prez appoint?

Oct 20, 2016
Nancy Marshall-Genzer

"Quick!" I asked, " What appointments will the next president make?"

I'm on the National Mall in Washington, D.C., by the monuments where tourists congregate.

Jessie Salazar is here from Salt Lake City.

“All I can think of is, just the Supreme Court,” Salazar said.

“Uh…the judge?” guessed Denise Hames, from Birmingham, Alabama.

And Andrea Thornton, from Nashville, Tennessee said, “I think of the show the 'West Wing' — all the staffers." 

Marketplace Tech for Thursday, October 20, 2016

Oct 20, 2016

On today's show, we'll talk about the possibility that Kodak will release a smartphone; interview Janet Murray,the interaction designer and director of Georgia Tech's experimental television lab, about the future of television; and raise the question of who's winning the hardware debate: Apple or Google? 

Episode 730: Self Checkout

Oct 19, 2016

Howard Schneider was a doctor treating psychiatric patients in the ER when he decided to transform the grocery store experience. He set out to invent the self checkout machine.

Some parts of the design were pretty straightforward, like reading barcodes and taking payments. Other things, it turned out, were not so easy. Like figuring out when people are stealing. Schneider solves these problems. Or at least makes a machine that's good enough to use. In 1992, he eventually convinces a grocery store to install the machines. The result? Angry shoppers.

California Attorney General Kamala Harris has launched an investigation into allegations that Wells Fargo & Co. engaged in criminal identity theft when the bank created millions of accounts without customer consent, according to the Los Angeles Times.

Faculty members at more than a dozen Pennsylvania public universities went on strike on Wednesday. The Association of Pennsylvania State College and University Faculties represents educators at 14 public universities. The strike comes after negotiations broke down between the union and Pennsylvania's State System of Higher Education.

Copyright 2016 NPR. To see more, visit NPR.