Marketplace on WCAI

Weekdays at 6:30pm
  • Hosted by Kai Ryssdal

In-depth focus on the latest business news both nationally and internationally, the global economy, and wider events linked to the financial markets. The only national daily business news program originating from the West Coast, Marketplace is noted for its timely, relevant and accessible coverage of business, economics and personal finance.

http://www.marketplace.org/

For NBA stars, branding goes beyond the court

8 hours ago
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Andy Uhler

Remember these commercials?

The shoes were Nikes, but to basically every kid in America, they were "Air Jordans."

Michael Jordan was, and still is, the brand. His net worth today is $1.3 billion.

The lucrative partnership is an example of how Nike leveraged an athlete's popularity to sell shoes. Back then, what mattered most was Jordan being a great player. Nowadays, how good you are on the court is only one factor in a star athlete's earning potential.

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David Brancaccio

It feels like America is more divided than ever before.

Surveys even show that the country's major political parties have very unfavorable views of each other. But maybe we need to reframe the cause of some of the polarization happening in our country.

06/22/2017: The rise of cryptocurrencies

11 hours ago
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Marketplace

Uber is looking to the future after investors pushed CEO Travis Kalanick to resign. But with old lawsuits still trailing the company, we'll discuss whether Uber can truly move forward and if an IPO is in its near future. Afterwards, we'll look at Tesla's scramble to keep up in the self-driving car race, and then talk about the surge in cryptocurrency prices over the last few months.

06/22/2017: America's great divide

11 hours ago
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Marketplace

In just a few hours, we should have a draft of the Senate's health care overhaul. But even though it hasn't been officially released, parts of the bill have been leaking. On today's show, we'll discuss some of the reforms the measure calls for, which will outline how much power states would have and how Medicaid could change. Afterwards, we'll chat with Guardian reporter Chris Arnade about how divisions in America may not necessarily have to do with a liberal-conservative construct, but with those who left their hometowns vs. those who stayed. 

Used to be if you wanted some hand-hewn dreamcatcher earrings or a wallet made of duct tape, there was one place to go: Etsy. The e-commerce website brought artisan-crafted products to customers around the world. It launched with four employees in 2005 and grew into a $1.6 billion public company. But now Etsy’s laying off 15 percent of its staff, the second round of cuts this year. Its problems seem to stem back to when the company let the mass-produced sell alongside the homespun.

Click the audio player above to hear the full story.

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Kai Ryssdal

The calendar says today is the first day of summer, so we're going to take a look at the business of vacations. Specifically, a vacation tens of millions of Americans take every year: cruises.

Carnival Corp. is one of the biggest travel and leisure companies in the world, encompassing not just Carnival lines but also Princess and Holland America, among others.

In the catfish economy, things are hopeful

Jun 21, 2017
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Kai Ryssdal

We like to talk to small business owners in order to get a handle on how the economy feels. Catfish farmer Townsend Kyser, who runs Kyser Family Farms with his father, is someone we check in with every so often. The last time we spoke to Kyser, Barack Obama was still in the White House. Marketplace host Kai Ryssdal gave Kyser a call to see how his business is doing. Below in an edited transcript of their conversation. 

Townsend Kyser: Good to talk to you again, Kai. How are you?

Kai Ryssdal: How are the catfish?

How towns are hurt when malls run into trouble

Jun 21, 2017
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Marielle Segarra

After more than 20 years, Jim Quigley left his job at a Wall Street investment firm for a smaller market. He got elected town supervisor in Ulster, New York, about 100 miles north of Manhattan. Population: 12,251.  

“My family's been in this community since 1849,” Quigley said.

These days, Quigley is working 60-hour weeks, trying to keep the town’s budget in the black. He’s been preparing for a drop in tax dollars from Ulster’s largest taxpayer, the Hudson Valley Mall.

Some economists think technology might be slowing inflation

Jun 21, 2017

Should inflation be added to the list of things disrupted by tech? For years, we’ve accepted the integrity of the idea of the Phillips curve: that as unemployment declines, wages rise and companies pass along those increased labor costs in the form of price hikes on goods and services. Inflation. But as unemployment has declined in this economic cycle, we’re seeing very little inflation. Is that because of the influence of technology?

Click the audio player above to hear the full story.

Today is the deadline for health insurance companies to decide if they're going to be in or out of the health care exchanges in 2018. Several of the big insurers, like Anthem and Humana, are bailing on the exchanges in many markets, limiting or eliminating options for patients using Obamacare. But while some companies are jumping ship, others are jumping in — like New York startup Oscar, and Centene, based in St. Louis. Why do these companies see this moment as an opportunity when many others are fleeing?

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