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Congress in session – and not so lame?

Nov 15, 2016
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Adam Allington

Congress is back in Washington, D.C., with a heaping pile of work to do and not much time to do it in. The government only has funding to keep it open until Dec. 9, so the first order of business is some kind of spending bill.

The question confronting lawmakers now is whether to spend big in the waning days of this congressional session or punt to the next.

 Click the above audio player to hear the full story. 

How one infrastructure project impacts the economy

Nov 14, 2016
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Reema Khrais

Last year, after his job ended at a local construction site, 21-year-old Alberto Gomez "started getting lazy." 

A month passed, then two, and Gomez said he needed to "get off [his] butt and just go to work again.”

Luckily, he didn’t need to go far. A huge project to rebuild the Sixth Street Viaduct in Los Angeles was just getting started.

The iconic bridge with its swooping steel arches has played a supporting role in more than 1,500 movies and commercials, including “Grease,” “Terminator 2” and “Furious 7.”

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D Gorenstein

Good news for the NFL. The viewership numbers for last night’s Seahawks-Patriots game are in: More than 22 million people watched, the highest audience figures since the beginning of the season. People also flocked to the movies this weekend. According to one box office analysis, revenue surged by as much as 50 percent this weekend

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Kai Ryssdal

Remember how, after Brexit, there were those stories about how the phrase "What is Brexit" saw a surge in Google searches in the U.K.?

Well, this is a true example of the fact that what goes around, comes around.

Federal agencies bracing for big cuts under Trump

Nov 14, 2016
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Adam Allington

With the presidential race finally over, a new race has begun to hand over control of the entire federal government from one administration to the next.

That translates into thousands of political appointees and many more jobs beyond that. But, given that Donald Trump has said repeatedly that he wants to “drain the swamp” in Washington, that could mean significant changes for certain agencies.

Out on the campaign trail, Trump didn’t parse words about which federal agencies he wanted to reduce or even close entirely.

Trump's trillion-dollar infrastructure bill

Nov 14, 2016
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Kai Ryssdal and Andrea Seabrook

It's President-elect Trump Day 6, but who's counting? On Sunday, Trump announced Reince Priebus as White House Chief of Staff and Stephen Bannon as Chief Strategist. Marketplace's DC Bureau Chief Andrea Seabrook explains the reaction from Washington:

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Mark Garrison

Donald Trump's transition team promises to roll back some of the financial regulations put in place after the economic crisis.

One regulatory agency whose future is uncertain: the Consumer Financial Protection Bureau. 

As nurses retire, a significant shortage looms

Nov 14, 2016
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Adam Allington

Ten thousand dollar sign-on bonuses and generous benefits? No, we’re not talking about the tech industry; it’s nurses who are now in high demand.

As the economy improves, many older nurses are cutting back hours or retiring, causing a major shortage across the country.

Click the above audio player to hear the full story.

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D Gorenstein

If Trump and the Republicans pursue their plan to repeal Obamacare, what will happen to birth control? Currently, many types of contraception are available at no out-of-pocket cost. While health care lawyers are debating how quickly the law could be changed, many women are booking visits to their OB-GYNs to get care now — in case services are cut back.

Click the above audio player to hear the full story. 

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Marketplace

On today's show, we'll talk about what the presidential transition team is responsible for; rising concerns from women about birth control access under a Trump administration; and the decline in union support for the Democratic Party this election. 

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Kai Ryssdal

Facebook's algorithm was a little confused earlier today.

A bunch of users — including Mark Zuckerberg himself — had their profiles "memorialized," something that usually only happens when that user has died.

"We hope people who love Mark will find comfort in the things others share to remember and celebrate his life," the banner said.

Will Hollywood write a new script for the Trump era?

Nov 11, 2016
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Reema Khrais

After Donald Trump's surprising victory, the creators of "South Park" frantically rewrote their Wednesday night episode. The script, initially titled "The Very First Gentleman," assumed a Hillary Clinton victory.  

The creators rewrote the script, now titled "Oh Jeez," to reflect Trump's win. 

"I sure am excited. America's going to be great again," says Randy in the episode. His daughter's take: "No, I'm not excited. It sucks, Dad! This country is going to suck for four years." 

The power of the pen

Nov 11, 2016
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Nancy Marshall-Genzer

It’ll be easy for President-elect Donald Trump to undo President Barack Obama’s executive orders.

It's as simple as "issuing a new executive order,” said John Hudak, a senior fellow at the Brookings Institution, “issuing a new memorandum, issuing a directive to cabinet agencies. But it can be done quite quickly."

LeVar Burton on "Smart House" and the rise of AI

Nov 11, 2016
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Tony Wagner

Season 2 of our tech podcast "Codebreaker" launches Nov. 16, when we ask if technology can save us. To prepare, we’re revisiting Season 1, which asked "Is it evil?" In this post, we talk to actor and director LeVar Burton about the rise of the smart machines.

Trump's tricks of the trade

Nov 11, 2016
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Kai Ryssdal and Andrea Seabrook

President-elect Donald Trump and Hillary Clinton were on the same page on one issue — infrastructure. But will Trump be able to convince Republican lawmakers to pony up a trillion dollars for his proposed plan? And if he does, how will the country pay for it?

Marketplace's Washington Bureau Chief Andrea Seabrook says it puts the GOP in a bit of a quandary:

Infrastructure, infrastructure, infrastructure

Nov 11, 2016

On today's show, we'll talk about market positivity over the possibility of increased infrastructure spending; voter approval of more than 30 measures to improve transportation; and the concern Europe has about Trump's plan to discourage companies from relocating workers. 

Voters say yes to spending on transportation

Nov 11, 2016
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Andy Uhler

There was at least one thing voters agreed upon on Tuesday – spending more on infrastructure.

Key for Trump voters? Economic anxiety

Nov 11, 2016
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Kim Adams

The latest Marketplace Economic Anxiety Index, just before the election, showed that about two-thirds of Americans are anxious about the economy. From this week's election results, it's clear that many channeled that feeling into their votes.

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Marketplace

On today's show, we'll talk about why white men and women without college degrees gravitated toward Donald Trump; the president-elect's plans to make free-market health care reforms; and India's decision to ban certain rupee notes. 

Chart of the day: Private prison stocks' wild ride

Nov 10, 2016
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Marketplace staff

Donald Trump's surprise victory in the presidential election Tuesday sent private prison stocks soaring this week.

For-profit colleges get a post-election bounce

Nov 10, 2016
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Amy Scott

Among the industries enjoying a post-election stock bounce is for-profit higher education. The University of Phoenix, DeVry, and Strayer all saw their shares rise after the election results. After a nearly eight-year crackdown by the Obama Administration, many are speculating that the Republican-controlled Congress will roll back some oversight of career colleges.

 

Is there stagflation in our future?

Nov 10, 2016
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Sabri Ben-Achour

Like everyone else, bond investors woke up on Wednesday morning and saw the news. Then they looked at the returns they were getting on their bonds — around 1.9 percent — and they said 'oh, no. No, no, no.  If Donald Trump is gonna be president, we’re gonna need more than this from our bonds.' So, they negotiated lower prices and demanded higher yields.  Why?

Financial reform in the crosshairs

Nov 10, 2016
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Nancy Marshall-Genzer

The transition team for President-elect Donald Trump issued a statement today saying the new administration will "be working to dismantle the Dodd-Frank Act." That's the big financial regulation reform law enacted after the economic meltdown and subsequent bank bailout. 

With so much change coming, interest groups in the financial sector wasted no time. Paul Merski, a lobbyist for the Independent Community Bankers of America, was on the phone the very next day, working his contacts. 

On today's show, we'll talk about Russia's reaction to Trump's win; the state of the country's markets; how the health and environmental industries will fare under a Trump administration; and the company-wide emails that are being sent to employees about the election.

Nasty Gal files for bankrupcy

Nov 10, 2016
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Marketplace staff

Nasty Gal, the retail brand that capitalized on the growth of online commerce, petitioned to file for bankruptcy this week.

Stocks in private prisons are way, way up

Nov 10, 2016
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Lane Wallace

Stocks in private prison corporations soared with the news of Donald Trump’s win. The country’s largest, Corrections Corporation of America, shot up almost 45 percent Wednesday. The companies that run private prisons are actually in the real estate business, and their business boomed in the 1990s and early 2000s with the exponential growth in mass incarceration at the state and federal levels. But the industry took a hit after the U.S. Justice Department in August said it would end its use of private prisons.

Disney will report its earnings later today. The company has been putting out a lot of hit movies lately, but one of its bigger money-makers, ESPN, is struggling. 

Click the above audio player to hear the full story. 

Industry winners and losers

Nov 10, 2016
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Andy Uhler

Individual businesses and entire industries are trying to make sense of the election. For some, like companies that use coal to produce electricity, Donald Trump's victory could mean a boost in investment and a sunnier long-term outlook. For others, like hospital operators who benefit from Affordable Care Act subsidies, the picture doesn’t look so good. 

EU leaders concerned about Trump presidency

Nov 10, 2016
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Sam Beard

The election of Donald Trump as U.S. president has alarmed some European politicians. They fear the tough-talking Republican’s comments about trade deals with other countries and blocs such as the European Union needing to be revisited or re-examined. Free trade may be under attack by people who have not felt the benefits of it, but European leaders fear protectionism will harm growth globally. 

Click the above audio player to hear the full story. 

Becca Costello / Indiana Public Media

Senior Airman Drew Forster joined the military as a way to pay for college. He returned from active duty in 2014 and says his time in the Air Force taught him skills he still uses today, like resilience, working under pressure — and something a little unexpected.

 


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