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

A story about steel ... and also, pizza

May 15, 2018

Andris Lagsdin is the inventor of the Baking Steel and the author of "Baking with Steel: The Revolutionary New Approach to Perfect Pizza, Bread, and More." He studied culinary arts, worked in restaurants and eventually came home to work in his family's steel business. Then he figured out how to combine the two. 

The U.S. bond market swoons

May 15, 2018

(Markets Edition) Interest rates moved sharply higher this morning (Tuesday, May 15, 2018) after a solid retail sales report. What does this mean for consumers? Then, we’ll hear a Michigan manufacturing CEO’s thoughts on tariffs ahead of the office of the United States Trade Representative's hearing on the topic. And, emergency rooms are often the first places people end up during a mental health crisis, but hospital officials say many ERs aren’t equipped to help.

 

Sears explores what assets it might sell

May 15, 2018

Sears has formed a special committee to explore selling off more parts of the struggling business. What assets still have value? The Kenmore appliance brand, for one, and Sears Home Services, a home improvement business. But the company has already sold off many assets, so its value is dwindling. One interesting wrinkle: A hedge fund operated by Sears CEO Eddie Lampert is a potential buyer. The company’s board of directors has formed an independent committee to see if there are any other interested buyers out there.

Emergency rooms are often the first places people end up during a mental health crisis. But many ERs aren’t really equipped to help. After they check in, patients can end up staying in emergency rooms for days just waiting for in-patient psychiatric treatment elsewhere. As emergency rooms see a growing number of behavioral health patients, hospital officials say resources are strained.

A version of this story ran on WABE. 

With all the talk of immigration reform, one of the president’s immigration proposals has gotten less attention lately: Trump and many republicans want to eliminate a law that lets naturalized U.S. citizens sponsor their parents and siblings for permanent residency in the United States. The White House says the rule doesn’t make sense for a “modern economy.” But how exactly does family-based immigration affect the economy? 

(U.S. Edition) For three days starting today (Tuesday, May 15, 2018), the office of the United States Trade Representative will hear sharply diverging views from American businesses about $50 billion worth of China tariffs. We hear from the CEO of a Michigan manufacturer, Lucerne International, who says tariffs could cripple the company's supply chain. Then, we check in on Germany's economic growth over the last three months (it's not what analysts expected).

Reddit's CTO on shedding its "dystopian Craigslist" vibe

May 15, 2018

Reddit is rolling out its biggest redesign in a decade. The site has a reputation for being very text heavy and sometimes hosting conversations that can get kind of rough. The redesign comes at the heels of a long effort to clean up those conversations and attract a broader audience. The site’s traffic has more than doubled in the past couple of years, but some loyal users aren’t fans of the redesign.

Will Reddit's new makeover make it more accessible?

May 15, 2018

Reddit is rolling out its biggest redesign in a decade. The site has a reputation for being very text heavy and sometimes hosting conversations that can get kind of rough. The redesign comes at the heels of a long effort to clean up those conversations and attract a broader audience. The site’s traffic has more than doubled in the past couple of years, but some loyal users aren’t fans of the redesign. For our podcast for Tuesday, May 15, 2018, Marketplace Tech host Molly Wood spoke with Chris Slowe, Reddit’s chief technical officer and founding engineer, about the redesign. 

Erdogan sends Turkish lira to fresh low

May 15, 2018

(Global Edition) From the BBC World Service for Tuesday, May 15, 2018: Turkey’s ailing lira has hit a fresh low against the U.S. dollar. President Erdogan issued a direct challenge to the central bank’s independence. But why does the country’s premier believe higher interest rates are “the mother of all evil?" Then, European ministers are meeting to try to salvage the Iranian nuclear deal. We take a look at the economic and political tools the EU can deploy to circumvent US secondary sanctions.

Earlier today, the Supreme Court struck down a federal law that acted as a ban on commercial sports betting in all but four states. To be clear, this ruling doesn’t all of a sudden make it legal  to get some action on tonight’s Warriors-Rockets game, but it could pave the way for legalized gambling in a number of states. That could eventually yield a revenue bump.

Click the audio player above to hear the full story. 

Every weekday afternoon, about 30 members of the Opioid Shortage Working Group at Mass General Hospital crowd into a nondescript conference room. They come from every department — from the hospital’s head office, to nursing, to surgery, to anesthesiology — and every day they're ready to hear bad news. But, at a recent meeting, pharmacy director John Marshall also had a little good news to share.

Trump’s ZTE turnabout

May 14, 2018

The Chinese electronics manufacturer ZTE Corp. was on the brink of collapse after the U.S. government punished it last month for breaking American sanctions against Iran and North Korea. But in a sudden Twitter twist President Donald Trump says he's now working to save ZTE. 

Click the audio player above to hear the full story. 

Welcome to ~*~the future~*~

May 14, 2018

It's not all it's cracked up to be. A Tesla Model S rear-ended a firetruck at a red light last night. The car was doing 60, and witnesses say it didn't break. The driver broke his ankle, and now investigators are wondering if the car's autopilot system was active at the time. The self-driving mode has been involved in two fatal crashes, and there are a lot of questions about whether drivers can be expected to take over when self-driving tech is essentially still in the testing phase.

Over the weekend, President Donald Trump changed his stance toward Chinese smartphone company, ZTE Corp. Last week, the telecommunications company halted all major operations following an order by the U.S. Department of Commerce banning business between ZTE and American companies. U.S.

The Supreme Court on Monday struck down a federal law that bars gambling on football, basketball, baseball and other sports in most states, giving states the go-ahead to legalize betting on sports.

The Supreme Court ruled 6-3 to strike down the Professional and Amateur Sports Protection Act. The 1992 law barred state-authorized sports gambling with some exceptions. It made Nevada the only state where a person could wager on the results of a single game.

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