Business

Business news

On today's show, we'll talk about the number of people filing for unemployment benefits; China's new guidelines for it peer-to-peer and crowdfunding sector; and mutual funds.

China cracks down on Internet finance sector

Apr 21, 2016
PBofC.jpg
Rob Schmitz

The People's Bank of China has announced strict new guidelines for the country's ballooning peer-to-peer (P2P) and crowdfunding sector, a popular but unregulated part of China's economy. One reason? Climbing property prices.

Despite an overall slower growth economy in China, we’ve been seeing property prices in China’s wealthiest cities climb to new heights. One of the reasons for this is that more and more Chinese home buyers are using these online lending platforms to obtain mortgage down payments on new homes.

For families, even a small amount in savings goes a long way

Apr 21, 2016
piggybank_1.jpg
Nancy Marshall-Genzer

A new report from the Urban Institute connects the dots between the financial health of cities and their residents. Turns out even a small nest egg can help families weather a financial emergency so they don’t have to turn to the government for help.

The report says almost a quarter of American families have no savings outside of retirement plans. It’s a real problem, according to Caroline Ratcliffe, one of the report’s co-authors and a senior fellow at the Urban Institute.

Shakespeare brand still strong after 400 years

Apr 21, 2016
shakespeare_0.jpg
Sam Beard

This weekend, the Brits are marking a key cultural anniversary. It has been 400 years since the death of that ultimate literary icon – William Shakespeare. A feast of plays, sonnet readings and other events are planned throughout the rest of year, but this isn’t just about culture. There’s money to be made. The Bard is big business.

Marketplace Tech for Thursday, April 21, 2016

Apr 21, 2016
xbox360.jpg
Marketplace

On today's show, we'll talk about Alphabet vs. the European Union; Intel's 12,000-worker layoff; and the death of the Xbox 360. 

shakespeare_1.jpg
Marketplace

On today's show, we'll talk about the latest development in the Volkswagen emissions scandal; how a small amount of savings can help families weather a financial crisis; and the strength of the Shakespeare brand 400 years after his death.

(This post was last updated at 6:15 p.m. EDT.)

Treasury Secretary Jacob Lew announced on Wednesday that the countenance of abolitionist leader Harriet Tubman will grace a new $20 bill.

The decision caps a public campaign asking for a woman to be placed on American paper currency and months of deliberation by the Treasury to replace either Alexander Hamilton on the $10 bill or Andrew Jackson on the $20 bill.

Metro Buses to roll on new Walmart property

Apr 19, 2016

When Walmart opens its new store in the Town of Cheektowaga Wednesday, they'll welcome many customers who rely on public transportation to get there. An agreement to allow Metro Bus access was announced on Tuesday.


Investing your way to U.S. citizenship

Apr 18, 2016

On today's show, we'll talk about the price of crude oil; why Netflix is looking for growth abroad; and the controversial EB-5 visa which grants citizenship to those who are rich enough to invest over half a million dollars in the United States. 

hudsonyards.jpg
Mark Garrison

Big, high-profile real estate developments in America are scooping up funding from an unusual and controversial source: foreign investors angling to become Americans. The EB-5 visa program offers a path to citizenship to those rich enough to invest at least half a million dollars here. But there’s a growing debate about the program, with fierce defenders and critics who cut across traditional partisan lines.

Netflix counts on an international audience

Apr 18, 2016
netflix2_1.jpg
Adrienne Hill

Netflix announces quarterly earnings on Monday. And, as always, subscriber numbers will be key.

The streaming service has more than 75 million members globally, with a majority in the U.S. 

But there's not a whole lot of room to grow here. So Netflix is counting on the international market. In early January, Netflix stormed into more than 130 countries, giving it a presence nearly everywhere — except for China, North Korea, and a couple other countries. 

dapa.jpg
Kim Adams

Arguments start Monday in a major immigration case before the Supreme Court. It’s about the “Deferred Action for Parents of Americans” program, which would allow people who’ve been in the U.S. more than five years and have children who are in the country legally regularize their immigration status.

Marketplace Tech for Monday, April 18, 2016

Apr 18, 2016
emojis.jpg
Marketplace

On today's show, we'll talk about Netflix's dive into the international market; virtual reality at the Tribeca Film Festival; and the miscommunication that can arise with emojis. 

immigrationreform_0.jpg
Marketplace

On today's show, we'll talk about the latest development in immigration reform; the recent earthquakes in Ecuador and Japan; and criticism over U.K.'s foreign aid spending. 

NBA jerseys are getting ads

Apr 15, 2016
GettyImages-459392618.jpg
Kai Ryssdal

Just days after the NBA's regular season went out in a double-blaze of Steph Curry/Kobe Bryant glory, NBA owners voted Friday to allow ads on players jerseys starting in two years.

Weekly Wrap: China has a lot of stuff

Apr 15, 2016
GettyImages-461818656.jpg
Kai Ryssdal

Joining us to talk about the week's business and economic news are the Wall Street Journal's Sudeep Reddy and Linette Lopez from Business Insider. The big topics this week: the big banks' living wills, consumer spending and Brazil's "hot mess."

4449431170_c938730c72_b.jpg
Nova Safo

The Obama administration has announced an ambitious plan to spur more competition in the economy, beginning with the set-top box.

In an executive order, President Obama said he gave federal agencies 60 days to identify sectors in the economy where the government can help stimulate competition.

The opening salvo came from the Commerce Department, which filed comments with the FCC in support of its proposed plan to open up competition in cable set-top boxes. 

GettyImages-57256406.jpg
Kai Ryssdal

Segregation is a loaded word. It brings to mind different times, times that in the law have been done away with but which in reality still linger -- especially in some of our biggest cities. 

One such city, Chicago,  is the subject of Natalie Moore's new book “The South Side: A Portrait of Chicago and American Segregation.”

Moore spoke with Marketplace host Kai Ryssdal.

On how housing is the manifestation of segregation in Chicago:

Why a weakening dollar is a good thing

Apr 14, 2016

The U.S. dollar has been awfully strong against global currencies since 2014. In the past couple months, the dollar weakened a bit, though it’s still well ahead of where it was before the big climb. A strong dollar is a vote of confidence, or at least relative confidence, from the rest of the world. Global investors are putting money into America because they think it’s a better place for it than other countries. But that’s little comfort for America’s exporters, who lose revenue when a beefy dollar makes their goods more expensive abroad. That is the little reality trap the U.S.

Marketplace for Thursday, April 14, 2016

Apr 14, 2016
3403776466_b70308bfdf_b.jpg
Marketplace

After months of a strong US dollar, it has begun to weaken. Marketplace's Mark Garrison explains why this is actually good news for the economy; how data technology is being used to identify neighborhoods where kids are likely to be abused; and what airlines are doing to create revenue during an a decline in air travel

Here's what Microsoft's new bot thinks of Kai

Apr 14, 2016
kaiobama_0.jpg
Kai Ryssdal

Microsoft has been churning out experiments in artificial intelligence for a while now.

Last month brought us a Twitter bot named Tay. The whole thing went sideways when the account started spewing racist and sexist nonsense. The latest, CaptionBot, is more benign and more fun.

It's pretty simple: plug in a photo and CaptionBot will try to tell describe what's in it as well as a human can.

How airlines are getting you to spend more

Apr 14, 2016
GettyImages-459628078.jpg
Andy Uhler

Delta Airlines announced earnings today. It's the first of the big three to do so. And things at Delta are fine. Not great, just fine. The airline reported lower than expected revenue but big earnings numbers. 

Delta saved more than $700 million on fuel over last year, but it also paid its employees more. To save money, it’s talking about reducing the number of scheduled flights. Michael Boyd, president of Boyd Group International, said he doesn't see where those schedule cuts are going to come from.

Using data to predict child abuse

Apr 14, 2016
Cook%20Children%27s.jpg
Lauren Silverman

Doctors at Cook Children’s Medical Center in Fort Worth are used to treating cases of abuse. Dyann Daley, a pediatric anesthesiologist at Cook Children’s, remembers a tiny toddler who had been kicked by his father in the stomach. “We didn’t know exactly what the injury was when he came into the operating room," she said. "But he had come into the hospital awake.”

Alibaba's humble beginnings

Apr 14, 2016
kobe.gif
Janet Nguyen

We hope your Wednesday ended on as high of a note as Kobe's. And for today, here are some need-to-know numbers to send you off on another high note.

doctor-health-care.jpg
D Gorenstein

The federal government has invested more than $30 billion in electronic medical records. The idea is that these records will let doctors and hospitals improve patient care – and potentially lower costs – by tracking all the treatment a person receives.

The government may want its money back.

Desperation in the streets of Puerto Rico

Apr 14, 2016

On today's show, we'll talk about possible sanctions against Theranos; the U.S. government's frustration with inaccurate electronic medical records; and how residents in Carolina, Puerto Rico are dealing with the territory's debt crisis.

Tax preparers prey on low-income filers, study finds

Apr 14, 2016
taxes2.jpg
Mark Garrison

A new study says tax preparation companies are taking advantage of low- and moderate-income people who receive the Earned Income Tax Credit. The popular program shaves the tax bills of nearly 28 million Americans, but Progressive Policy Institute researchers say an alarming amount of the refund money winds up in the hands of tax preparers.

Ford gets hip to attract tech workers

Apr 14, 2016
ford.jpg
Mitchell Hartman

Ford has announced ambitious plans to renovate its historic headquarters and R&D hub in Dearborn, Michigan, near Detroit. The company hasn’t revealed a price tag, but it’s estimated to be in the billions of dollars over the next decade.

Beverly Cleary celebrates her centennial birthday

Apr 12, 2016

(Photo credits: Wikimedia Commons)

On this Tuesday, we celebrate a children's author legend. Here are your need-to-know numbers.

Pages