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My Economy: Free college "changed my life"

Nov 23, 2016
Amy Scott

Most of us take free public education for granted, at least through high school. But the idea of free college really gained traction during the election season.

Is the Democratic Party open to working with Trump?

Nov 23, 2016

On today's show, we'll talk about a federal judge's decision to block Obama's new overtime rule; whether Democrats are open to cooperating with Trump; and Twitter's accidental suspension of its CEO's account. 

Federal judge blocks Obama's overtime rule

Nov 23, 2016
Mitchell Hartman

The imposition of a nationwide preliminary injunction by U.S. District Judge Amos Mazzant III in Texas is a victory for business groups and states that challenged the Obama Administration's new overtime rules. They argued the rules were a government overreach and would raise labor costs dramatically.

Andy Uhler

The American Automobile Association says nearly 50 million people will travel more than 50 miles this Thanksgiving – to visit relatives, or maybe to take a quick vacation. That is an economic indicator.

Click the above audio player to hear the full story. 

Adam Allington

Since the election, a new phenomenon appears to be emerging: so-called “rage donations.”

Across the country, progressive nonprofits are reporting an unprecedented surge in donations, as disappointed Clinton voters channel their frustration into hard cash for the causes they support.

Click the above audio player to hear the full story.

Marketplace staff

A new report from the International Telecommunications Union shows just under half — 47 percent — of people use the internet worldwide, but that number varies wildly when you measure country by country or even region by region.

Amazon wants to stream live sports

Nov 22, 2016
Reema Khrais

Amazon is exploring a new frontier: live sports. The tech giant is in talks with the NFL, the NBA and others for the rights to stream lives games, according to a report from the Wall Street Journal. Why is Amazon eyeing the world of live sports and what does the potential move mean for plain old broadcasting? 

Donna Tam

If you purchase aloe vera gel from one of the nation’s top retailers like Wal-Mart, Target or CVS, you may be missing out on actual aloe, according to Bloomberg.

JCPenney CEO Marvin Ellison on the art of retail

Nov 22, 2016
Kai Ryssdal and Bridget Bodnar

From a JCPenney in Frisco, Texas, CEO Marvin Ellison talks about using data and instinct to return the department store to profitability, why he thinks appliances will be their new big seller and how he started his retail career as a part-time security guard. 

Subscribe to the Corner Office podcast on iTunes.

Oil prices increase as OPEC gathers

Nov 22, 2016

On today's show, we'll talk about why there's been a jump in oil prices; Campbell's $32 million investment in Habit, a company that develops meal recommendations based on your DNA; and Delta's use of RFID tags, which help passengers track luggage using their smartphones.

Trump video raises questions on regulation

Nov 22, 2016
Lane Wallace

President-elect Donald Trump laid out some plans for his first day in office in a two-and-a-half minute video address released Monday. He pledged to immediately withdraw from the free trade deal called the Trans-Pacific Partnership, and put a five-year lobbying ban on people who have worked for the Trump administration. He also said he’ll target regulation, beginning with regulations on shale and coal. But it takes a lot to rescind a federal regulation that’s been finalized through a notice-and-comment process.

D Gorenstein

Many of us will likely be taking in a lot more calories than we’d care to admit later this week.

Thanksgiving feasts aside, Campbell’s Soup is betting on a growing trend towards healthier, personalized eating habits.  The food giant has invested in a new company that promises to tailor meals based on an individual’s unique biology. 

Click the above audio player to hear the full interview. 

Tasnim Shamma

Your luggage tag may look like an ordinary paper tag, but if you’re flying with Delta Air Lines, it now has a microchip embedded inside. Atlanta-based Delta Air Lines is spending millions on new technology that allows its passengers to track their bags using a smartphone.

At Hartsfield-Jackson Atlanta International Airport, the home base of Delta Air Lines, Cynthia Tookes of Lithonia, Georgia, who flies once a week to sing with her church choir, said she loves the new feature that allows her to track her bags on the Fly Delta app.

Kai Ryssdal

This might be of interest to all you thanksgiving travelers this week. The TSA has provided some helpful reminders of what can and cannot go through airport security for the holidays, as detailed in Eater magazine.

Big Soda and the rise of product placement

Nov 21, 2016
Kai Ryssdal and Adhiti Bandlamudi

Product placement has become so commonplace in television and movies that audiences can barely recognize it anymore. Coca Cola buying Columbia Pictures in 1982 marks the genesis of product placement as we know it today. Although the Big Soda company sold Columbia Pictures seven years later, they made a lasting impact on the industry. Soon, movies started to build stories around products, like the "Transformers" franchise or "Harold and Kumar Go To White Castle".

Justice Department challenges Anthem-Cigna merger

Nov 21, 2016

On today's show, we'll talk about how the economy might look under the first year of Trump's presidency; why the Justice Department is challenging a Cigna-Anthem merger; and the rise of a month-long Black Friday and Cyber Monday. 

Democrats hit the reset button

Nov 21, 2016
Kai Ryssdal and Andrea Seabrook

Incoming Senator Minority Leader Chuck Schumer looks to rebuild the Democratic party, and Ohio Rep. Tim Ryan looks to unseat Nancy Pelosi as House Minority Leader. Both agree there's a place for blue-collar workers in the Democratic Party.

Got questions over the economy over the next four years? Tweet them at @Marketplace, @KaiRyssdal and @radiobabe.

Trump meeting raises ethical concerns

Nov 21, 2016
Lane Wallace

There are concerns about ethics and propriety after Donald Trump met last week with three business partners from India. The three are involved with Trump Tower Mumbai, a luxury apartment complex that bears the Trump name, and they’ve told Indian media that they hope to do more business with the Trumps.

The economy in Trump's first year

Nov 21, 2016
Mitchell Hartman

Donald Trump’s election, and the early actions of his transition team, have shored up investor confidence in the short term, with major U.S. stock indices rising since Nov. 8.

Investors anticipate pumped-up profits in sectors such as energy, defense and pharmaceuticals under a Republican president and Congress.

It’s Black Friday Cyber November!

Nov 21, 2016
JaeRan Kim

Thanksgiving is just days away, followed right after by those annual shopping frenzies, Black Friday and the newer Cyber Monday. Each promises customers special deals — one in actual stores, the other online. How do businesses with both stores and a website decide what days get which deals?

Click the above audio player to hear the full story.

Chart of the day: VC money and Silicon Valley real estate

Nov 18, 2016
Marketplace staff

The folks over at MatterMark looked at thousands of VC deals and Zillow housing data over a decade and found a (perhaps unsurprising) correlation. 

They also checked average housing price against the volume of venture capital deals. 

Bannon and Trump: Cromwell and King Henry VIII

Nov 18, 2016
Kai Ryssdal

Pay close attention to one Hollywood Reporter article concerning Steve Bannon, the incoming chief strategist and senior counselor to President-elect Trump.

It's a really interesting piece, as I discussed with Felix and Linette on The Weekly Wrap — but the real kicker is this actual quote from Mr. Bannon.

Trump's tax plan

Nov 18, 2016
Lizzie O'Leary and Hayley Hershman

While a lot of policy decisions are up in the air under the new Trump administration, there are a few things we know. The Washington Post's Jim Tankersley sat down to discuss what we can expect from president-elect Trump's tax plan. He says that the tax plan is, "far and away, no matter who scores it, the most expensive plan for the federal budget every proposed by a president elect."

Gigi Douban

Alabama is moving ahead with a new version of Medicaid. But it’s hit some big financial bumps, and the plan has been delayed a year.

The question was how to overcome a big budget shortfall. The answer, state lawmakers agreed, was to take money from the settlement fund that BP agreed to pay the state after the 2010 Deepwater Horizon oil spill. 

In Alabama, just over one in four residents — 1.2 million people — are on Medicaid. But the state’s insurance program for the poor isn’t in the clear.

Donna Tam

Update, 2:17 p.m. PT: The New York Attorney General announced that the parties reached a settlement of $25 million.

Donald Trump may settle a lawsuit involving fraud allegations against Trump University, The Wall Street Journal reported today.

Mitchell Hartman

We’re coming up on the holiday shopping season. And you can be sure retail and delivery companies know that. They’re trying to hire temporary seasonal workers. Target, UPS, Amazon, the list goes on — they’re all competing to staff their sales counters and get orders out the door — and it’s tough because unemployment’s even lower than it was last year. Plus, there’s a new labor competitor on the block — the gig economy. 

Click the above audio player to hear the full story. 

Thought you were in-network? Surprise!

Nov 18, 2016
D Gorenstein

There’s a one-in-five chance people with commercial insurance who show up at an in-network emergency room will end up getting cared for by an out-of-network doctor. That’s according to new research in the New England Journal of Medicine released this week. That means surprise medical bills for some consumers. 

Click the above audio player to hear the full story.

Minimum wage is on the rise in certain states

Nov 18, 2016
Mark Garrison

The election results show how divided the country is, but there’s an important economic issue where there’s some real agreement. On Election Day, people in four states voted to jack up the minimum wage.

Arizona, Colorado, Maine and Washington state will hike wages gradually, hitting $12 per hour by the year 2020, and $13.50 in Washington. The pay raises on the ballot all won by wide margins. Low-income workers in these states will earn much more than the current federal minimum of $7.25 an hour, the ceiling for 2.6 million workers.


On today's show, we'll talk about Volkswagen's decision to cut 30,000 jobs in the aftermath of its emissions cheating scandal; why some E.R. visits are costing patients much more than they expected; and how a NAFTA withdrawal could affect Mexico.

Chart of the day: Housing start numbers

Nov 17, 2016
Marketplace staff

New home construction got a nice bump in October, beating expectations at 1.32 million units. As we reported today, the market was slow to recover from the housing bust, which made builders shy about breaking ground. Rent increases have created a crunch, so new construction is breaking new ground.