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/

(U.S. Edition) President Xi Jinping delivered a big speech today to kick off China’s Communist Party Congress, which happens twice a decade. We'll look at the economic policies Jinping is expected to focus on during the event. Afterwards, we'll speak with author Diana Henriques about Black Monday, the stock market's biggest single-day drop in U.S. history. She shares some of the lessons that America still needs to learn from that event. 

Xi urges stronger Chinese stand against "grim" challenges

4 hours ago

BEIJING (AP) — Chinese President Xi Jinping on Wednesday urged a reinvigorated Communist Party to take on a more forceful role in society and economic development to better address "grim'' challenges facing the country as he opened a twice-a-decade national congress.

Speaking in the massive Great Hall of the People near Tiananmen Square, Xi laid out his vision of a ruling party that serves as the vanguard on everything from defending national security to providing moral guidance to ordinary Chinese.

Here's why we shouldn't forget about the crash of '87

5 hours ago

On Oct. 19, 1987, the stock market dropped 22.6 percent.

In other words, that's twice as bad as the worst day of 1929, worse than any single day in 2008 and the equivalent to the Dow dropping 5,000 points now.  

10/18/2017: A 'new era' for China's economy

5 hours ago

(Global Edition) From the BBC World Service ... Revitalizing the Chinese economy has been a key part of President Xi Jinping’s leadership, but some say those efforts have come up short. Can his promise of a “new era” in Chinese politics fire up the nation’s growth engine? Afterwards, we’ll discuss the rural and urban divide in Shanghai and why upward mobility is so difficult to achieve there.

10/18/2017: Imagining romance with a robot

5 hours ago

Ever since we started imagining robots, we’ve pictured them looking like humans. There are researchers who think androids are going to a part of our future. They’re developing robots that could become our caretakers, best friends and maybe even our lovers. Marketplace Tech’s Molly Wood talks with author Alex Mar, who profiled a designer who studies human intimacy and interaction with robots.

China wants nothing to do with America's trash

18 hours ago

America is known for it's large trade deficit with China. But the United States does have a surplus of one particularly smelly export — trash. Erica Phillips of the Wall Street Journal wrote about this unusual trading relationship in her piece "Oh, Scrap: China, the Biggest Buyer of America’s Trash, Wants No More." Erica talked with Marketplace host Kai Ryssdal about China's changing attitude towards American scrap.  

Tim O'Reilly, founder and CEO of O'Reilly Media, says financial markets are almost like rogue artificial intelligence, but it doesn't have to be that way. Then: FCC Chairman Ajit Pai finally says no, you actually can't take away a broadcast license (Mr. President). Finally, "The Lego Ninjago Movie" producer Daniel Lin answers our Make Me Smart question. 

10/17/2017: China's done doing our recycling

23 hours ago

At America's largest ports in Los Angeles and Long Beach, bales of plastic and paper are piling up. Once upon a time, they would have been packed and shipped to Asia, where they'd be turned into consumer goods and shipped back. But China has plenty of its own recycled materials now to sustain the manufacturing of goods, leaving the U.S. with a big problem: where's it all going to go?

The economics of future technology ... explained with comics

23 hours ago

We're going to take a detour here to the not-too-distant future to see what technologies might shake up the economy and help determine the future of our species. Kelly Weinersmith is a biologist and her husband, Zach, does comics, "Saturday Morning Breakfast Cereal" among them. Their new book is called "Soonish: Ten Emerging Technologies That'll Improve and/or Ruin Everything." It's sort of a layman's explainer mashed up with a comic book.

How much are 50,000 Amazon HQ2 jobs worth?

23 hours ago

Call it "enticing" or "incentivizing." Call it "begging" or "groveling." What’s clear is the bidding war between cities and states to host Amazon's second national headquarters is racing to its deadline Thursday. The offers of tax incentives, subsidies, favorable zoning, job training and all the rest are piling in. A few billion here, a few more billion there. Amazon promises to bring with it 50,000 mid- to high-paying central-office jobs and a whole lot of steel and glass square footage. But how much are 50,000 jobs really worth?

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