Marketplace

Airs Weekdays at 6:30 pm
  • Hosted by Kai Ryssdal

In 30-minutes, Marketplace breaks down the day's business and economic news. With a reporting style that is lively and unexpected, the stories range from impacting your wallet to Wall Street. Marketplace Morning Report presents the morning business news at 5:50 and 7:50 am weekdays. MMR is hosted by David Brancaccio.

Distributed by: American Public Media

On today's show, we'll talk about stress test success for 31 of America's biggest banks. Plus, we'll take a look at whether the construction of the Panama Canal will improve or worsen wealth inequality in the country. 

31 of 33 big U.S. banks pass stress tests

14 hours ago
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Mitchell Hartman

The Federal Reserve released the final results of its annual bank stress tests on Wednesday. Thirty-one of the 33 big banks that operate in the U.S. and are subject to stress testing passed. That includes all eight of the country’s biggest banks deemed “systemically important” to the financial system: Wells Fargo, State Street, JPMorgan Chase, Bank of America, Goldman Sachs, Citigroup, Bank of New York Mellon and Morgan Stanley.

The canal has made Panama rich, but inequality persists

15 hours ago
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David Brancaccio, Justin Ho and Katie Long

Panama is in the news this week for the opening for its new, expanded canal. It's a GDP success story — the country has grown twice as fast as other countries in the region in the last 15 years. Thank the canal, thank its Singapore-style hub for financial services and thank its Dubai-style duty-free zone. But it’s still a country with grinding poverty and uncomfortable contrasts.

 

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Andy Uhler

On Wednesday, legislation to help Puerto Rico restructure its more than $70 billion of debt finally passed through the Senate.

President Barack Obama is expected to sign the bill by the end of the week, which is when the island was set to default on $2 billion worth of payments to bondholders. 

The bill passed with bipartisan support, but not everybody is happy. A major issue is the establishment of a federal board to oversee Puerto Rico’s finances.

Some, like Puerto Rican Sen. Ramon Luis Nieves, say the board won’t bring any money to the island.

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Kim Adams

This week, we’re rolling out the latest round of results from the Marketplace-Edison Research Poll, and one of the ways we measured how people feel about the economy is through what we call the “Economic Anxiety Index." It looks at how stressed people are about their financial situations, and it’s gone up since we first started tracking the information last fall.

This is especially true for young people like Kyle Ojima in Washington, D.C.

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Marketplace

On today's show, we'll talk about the news that Puerto Rico has been able to avoid its debt default; the disconnect between an improving economy and the way individuals are feeling about their personal finances; and AMC's $1.1 billion offer to Carmike Cinemas. 

Marketplace Tech for Thursday, June 30, 2016

16 hours ago
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Marketplace

On today's show, we'll talk about Microsoft's latest operating system, Windows 10; the battle between Yahoo's leadership and investors about the company's future; and the benefits of...asteroids. 

Male Contraception

22 hours ago
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Sabri Ben-Achour and Tim Fernholz

They said it couldn't be done: The "male pill." Actuality asks why men haven't seen a new reversible contraceptive in centuries—and if we need one. We found out why Big Pharma gave up on a male pill, and meet people who want to make it happen anyway.

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D Gorenstein

You know that term "Too Big to Fail"? The ultimate symbol of this last recession when taxpayers had to bail out huge companies for the sake of the broader economy?

Yeah, nobody wants that to happen again.

So "Too Big to Fail" became more than a symbol.

These days the companies that are so big they’re a risk to the whole system are slapped with heavy regulation.

Marketplace for Wednesday, June 29, 2016

Jun 29, 2016
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Nancy Marshall-Genzer

Brexit may turn out to be a regional issue as markets begin to stabilize and panic subsides; we asked Americans if they think the economy is rigged and 71 percent said yes; and how Facebook is changing newsfeeds to feature more personal content

Survey says: Americans feel the economy is rigged

Jun 29, 2016
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Nancy Marshall-Genzer

We’re digging into the results of our latest Marketplace-Edison Research poll.  This time we asked whether people feel the economy is rigged in favor of certain groups.  Almost 71 percent of the 1022 people we polled said yes.  That includes majorities of Democrats, Republicans, young, old, rich, poor, blacks, whites and Hispanics.

About 83 percent of the African Americans we polled felt this way.  Including Brad Lewis.

He lives in Washington’s Anacostia neighborhood.

Nike serves up a big fashion don't at Wimbledon

Jun 29, 2016
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Gigi Douban

Nike in its fourth quarter earnings report yesterday revealed some good news: $8.2 billion in revenues, up 6 percent, and a 17 percent increase in earnings per share. Stock prices are up slightly after a steady drop over the last few months. But aside from all that, the company made a splash on the tennis court, and not necessarily in a good way on that enormous world stage called Wimbledon. It’s all thanks to the company’s new tennis dress, called the Premier Slam. 

Stock market up for second day in a row

Jun 29, 2016

On today's show, we'll talk about the news coming out of the European Union's meetings in Brussels; market psychology following Thursday's Brexit vote; and Obama's last meeting as part of the Three Amigos (the U.S., Canada and Mexico). 

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Marketplace staff

According to our partners at the BBC

The death toll in a gun and suicide bomb attack on Istanbul's Ataturk airport has risen to 41, 13 of them foreign nationals, with 239 injured, the Turkish city's governor says.

Three attackers arrived in a taxi and began firing at the terminal entrance late on Tuesday. They blew themselves up after police fired back.

PM Binali Yildirim said early signs pointed to so-called Islamic State.

U.S. slips in 2016 Social Progress Index

Jun 29, 2016
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Mitchell Hartman

The Social Progress Index for 2016 ranks the United States No. 19 among 133 countries in the world, behind Ireland, France, Canada and New Zealand, and just ahead of Slovenia and Portugal. Full details of the rankings and analysis can be found here

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