Economy & Business

Business news

Amy Scott

It’s been more than 60 years since Brown v. Board of Education, the Supreme Court case that ended state-sponsored racial segregation in schools and helped launch the modern Civil Rights movement. But segregation — by race and class — is on the rise again in public schools. A new report from the Century Foundation, a think tank that advocates for socioeconomic diversity, found that more districts are taking steps to address the growing concentration of poverty in schools.

Should Verizon get a data-breach discount for Yahoo?

Oct 14, 2016
Mitchell Hartman

Verizon announced in July that it was buying the core operating businesses of Yahoo for $4.8 billion. Then, in September, Yahoo disclosed to the public— and Verizon — that it had suffered a massive data hack back in 2014, affecting approximately 500 million user accounts. (The full extent of the hack, and who might have orchestrated it, is still being investigated.) On Thursday, Verizon’s top lawyer, general counsel Craig Silliman, told reporters “we have a reasonable basis to believe right now that the impact is material.”

As of Monday, U.S. citizens who travel to Cuba will no longer be limited to bringing back goods worth up to $400 — including $100 worth of tobacco and alcohol. President Obama ordered the changes, which also clear the way for Cuban-origin pharmaceuticals to gain U.S. regulatory approval.

Instead of those special quotas, normal limits on Americans' importation of foreign products for personal use will apply.

My Economy: How a single mom makes ends meet

Oct 14, 2016
Vincent Smith

Marketplace host Molly Wood talks with Sudeep Reddy of the Wall Street Journal and Nela Richardson of Redfin about the best and worst of this week's business and economic news. This week, they talk about how Samsung is dealing with the Department of Transportation's ban on carrying Galaxy Note 7s on flights and the growing atmosphere of animosity and distrust between Wells Fargo and its patrons.

Marketplace for Friday, October 14, 2016

Oct 14, 2016
Kim Adams

On today's show: legal Cuban cigars, reclaimed mines, pesky ad blockers and a former internet giant that could sell at a deep discount. Plus: segregation is on the rise in public schools, and districts are trying to figure out how to stop it. Finally, as always, we wrap up the week in business and economic news.

The major for-profit university chain DeVry has agreed to stop making its often-repeated claim: that since 1975, 90 percent of its graduates seeking employment found jobs in their field within six months of graduation.

JaeRan Kim

When’s the last time you saw an online ad you really hated? If you’re a typical user who reads even the occasional online article, chances are good it happened just a few minutes ago.

But if you’re part of the growing number of people who’ve installed an ad blocker on their browsers or smartphones, it may have been a while. That freedom from autoplaying videos and expanding ads that cover the content you’re trying to read however isn’t without a price.

Treasury Department continues to crack down on inversions

Oct 14, 2016

On today's show, we'll talk about findings from our economic anxiety poll, which show that a majority of Americans think the economy is rigged; the Treasury Department's efforts to stop inversions, and how buttons and pins have been used to attack presidential candidates in the past.

Please wear your North Face to brunch

Oct 14, 2016
Molly Wood

In 1966, a small retail store opened in San Francisco. Hells Angels worked the door, and the the Grateful Dead played a set. The company sold hiking and ski gear, and was named after the most difficult side of a mountain to climb — the North Face.

The company scaled the peaks of popularity (see what we did there?) in the 1970s and 1980s but almost went out of business before it was bought by VF Corp. in 2000 — for just $25 million.

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Christopher Olin

In elections before the internet, before television and before radio, there was the campaign lapel pin and the button.

Today in New York, there's an auction of a treasure trove of these buttons from the Dr. Alan York collection. York was an optometrist and avid collector of political paraphernalia.  

Dan Kraker

Seventy-year old John Schaubach steadily ground the gears of his mountain bike up a winding trail to the summit of Miner's Mountain in northern Minnesota's Cuyuna Country State Recreation Area — then let out a whoop as he surveyed the commanding view of aqua blue lakes surrounded by steep red hills, studded with lush green trees.

"The miracle of the power of nature to regenerate is probably what people should come out here to see," he said as he caught his breath.

Economic anxiety is on the uptick, says our new poll

Oct 14, 2016
Marketplace staff

Economic anxiety is on the rise in America. 

Results are out from the latest Marketplace-Edison Research Poll, and they reveal a growing sense of financial insecurity among our poll respondents.  

More Americans are increasingly worried about saving for retirement and the ability to pay their mortgage or rent. Thirty percent of Americans are very fearful they will lose their job in the next six months, up from 10 percent a year ago. And 39 percent of Americans say their personal financial situation actually causes them to lose sleep. 

Marketplace Tech for Friday, October 14, 2016

Oct 14, 2016

On today's show, we'll chat with the Washington Post's Caitlin Dewey about what she learned investigating Facebook's trending topics section; play this week's Silicon Tally with Ashley Esqueda, senior editor at CNET; and talk about Elon Musk's promise that he'll deliver a Tesla product announcement on Monday.