Economy & Business

Business news

The post-election uproar over fake news and far-right websites is taking its toll on the advertising industry. Kellogg's announced it is pulling ads from the site Breitbart — which publishes right-wing content. Other brands are planning similar moves. But there's one big reason to believe this is just a short-term reaction in the heat of the moment, not a long-term trend.

Kai Ryssdal

Another key job in the Trump administration has been filled. Retired Marine Corps General James Mattis is the president-elect's pick for Secretary of Defense and the official announcement comes Monday.

It is unconventional to name a retired general officer to run the Pentagon for several reasons, some of which Erin Simpson lays out in a new piece at the commentary website War on the Rocks.

Kai Ryssdal

There are some exciting new developments in the world of Snapchat — or rather, Snap Inc., their new name in a corporate re-branding undertaken by Chief Strategy Officer Imran Khan. According to Khan, Snap Inc. accommodates the company's expansion beyond social media into camera technology at large.

Mitchell Hartman

The November unemployment rate, at 4.6 percent, is low. But the jobs are still disappearing in some sectors. In manufacturing, for instance: down 4,000 jobs from October, continuing a long-term trend.

So what’s that mean for workers?

Click the above audio player to hear the full story.

Get ready for a higher-end cup of coffee

Dec 2, 2016
Marielle Segarra

Starbucks CEO Howard Schultz is stepping out of daily operations at the coffee company to focus on the rollout of a new premium coffee brand, Starbucks Reserve. Schultz compared the effort to Ralph Lauren's launch of his high-end Purple label. But how has that brand done? And what lessons does Ralph Lauren have for Howard Schultz?

Click the above audio player to hear the full story.

Long and Short: Minimum wage and Gilmore Girls

Dec 2, 2016
Lizzie O'Leary and Hayley Hershman

The Los Angeles Times' Natalie Kitroeff and CNN Money's Tanzina Vega play the long and short game this week. They discuss fair wages, the myth of bringing jobs back to the U.S. and the "Gilmore Girls" revival.

Click the above audio player to hear the full story. 

Daisy Palacios

The way Americans thought about house and home completely transformed between 1945-1973. The post-war period in America ushered in a big spike in spending on domestic goods, like appliances and decor. Home ownership rates increased, too. In 1940, 43.6 percent of Americans owned their home. By 1960, 61.9 percent did. This made the "nesting" aspect of Christmas, including exterior and interior decoration, a new category for holiday shopping.

Phoebe Unterman

Even though the Big Mac isn’t as relevant as it used to be, McDonald’s still sells plenty of them — 500 million Big Macs are sold per year in the U.S. alone and the iconic burger is available in almost 100 countries, according to The New York Times.

Sam Beard

First it was Brexit. Then Donald Trump’s presidential election victory. Where will the next politico-economic bombshell fall? It could be in Italy over the weekend. On Sunday, Italians vote in a referendum on constitutional reform. And the result could — conceivably — produce turmoil in financial markets.

JaeRan Kim

It’s December, and if you’re heading out to do some shopping right now, you’ll notice a few things. One, there will definitely be annoying holiday music playing. Two, pretty good deals on coats, if you can find them. Three, for a lot of the country, it doesn’t feel like December weather-wise. Warmer winters are shrinking the market for winter clothing — and for the shares of companies that make it.

Click the above audio player to hear the full story.

Unemployment dropped by 0.3 percentage points, to 4.6 percent, last month — the lowest rate since 2007 — according to the monthly jobs report from the Bureau of Labor Statistics.

Your office could be making you sick

Dec 2, 2016
Lizzie O'Leary and Eliza Mills

In offices across the country, someone is probably sneezing, spreading a cold that's been going around. It sometimes seems like when one person at work gets sick, it's only a matter of time before everyone does.

One potential reason why is the office itself. Most of the buildings we work in are completely sealed off from the outside world, in part to help save on heating and cooling costs.

But this can also mean that when someone gets sick, the germs just circulate through the ventilation system. 

Marketplace Weekend for December 2, 2016

Dec 2, 2016

On this episode of Marketplace Weekend, a look at President-elect Donald Trump's cabinet picks and potential future policy. Plus, a discussion of the Dakota Access Pipeline and a report from Scott Tong on fracking. Later, Wired science contributor Zoë Schlanger talks about office microbiomes and why they could be making you sick. The band Local Natives takes the Marketplace Quiz. 

A look at the conflict at Standing Rock

Dec 2, 2016

For months, protesters have been in a standoff in North Dakota over a nearly $3.8 billion energy project called the Dakota Access Pipeline. Protesters are concerned the pipeline could harm the water supply near the Standing Rock reservation. The Energy Transfer Partners, the company who wants to build the pipeline, has said they will not re-route the project. Dan Gunderson, correspondent for Minnesota Public Radio, has been reporting from the Standing Rock protest camps. He sat down with us to break down the conflict. 

The economy that Trump inherits

Dec 2, 2016
Kai Ryssdal and Andrea Seabrook

New numbers out this week point to a strengthening U.S. economy. The unemployment rate is at its lowest since the Great Recession and economic growth is ticking up. How will Trump's administration build on this? Kai and Andrea take stock of the recovery and Trump's latest Cabinet pick, retired Marine General James Mattis. Got questions about the transition, who's in and who's out? Tweet them to us @Marketplace, @KaiRyssdal and @RadioBabe.