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Marketplace Tech for Thursday, March 17, 2016

Mar 17, 2016

Airing on Thursday, March 17, 2016:  On today's show, we'll talk with Aloompa founder Drew Burchfield about the festival app industry; chat about Mr. Robot's depictions of the tech industry with the show's creator, Sam Esmail; and discover what inspires the world's entertainment and tech leaders. 


Marketplace for Wednesday, March 16, 2016

Mar 16, 2016

Breaking down Janet Yellen's statement after today's Fed announcement; how companies decide where to list their shares; and how do people really feel about trade agreements?

From a beauty blog to a booming business

Mar 16, 2016
Lizzie O'Leary and Hayley Hershman

Emily Weiss is the 30-year-old founder and CEO of the skin care and beauty company Glossier. Back in 2010, Weiss launched a beauty blog called Into The Gloss. The blog became wildly popular, and then, four years later, came Glossier.

This week the company launches "Phase 2" of its line. Marketplace Weekend host Lizzie O'Leary took a trip to Glossier's headquarters to learn more about the new line, and to find what Weiss' transition was like from running a blog to running a business.

Weiss says:

How Ferguson police will change the way they work

Mar 16, 2016
Donna Tam and Sarah Menendez

Ferguson’s city council will now start the costly process of making sweeping changes to its police department’s workplace protocols, after approving a settlement with federal government Tuesday night.

We're already halfway done! Here are some need-to-know numbers for the middle of your week. 


How Americans feel about free-trade agreements

Mar 16, 2016
Tracey Samuelson

The topics of international trade and free trade agreements have been big issues in the presidential debates and with many voters.  Republican John Kasich, who won Ohio Tuesday night, is the only candidate left standing who supports a pending trade deal that would cover roughly a third of global trade. The Trans-Pacific Partnership has faced heavy criticism from Donald Trump and Bernie Sanders, in particular. 

Taking pictures of the pictures

Mar 16, 2016
Stephanie Hughes

Instagram has beautiful photos.  The Metropolitan Museum of Art has beautiful paintings.  To Sree Sreenivasan, it seems only natural that the two should meet.

Sreenivasan is the first Chief Digital Officer for the Met.  It’s not the first time he’s held the position for an older institution—he had the same job at Columbia.  But it’s one that Sreenivasan believes won’t be around forever.

Our most immutable material

Mar 16, 2016
Stephanie Hughes

If your credit card is stolen, that’s rough. If your social security number is stolen, that’s beyond rough.  But if your genetic material is stolen? Well, there’s no replacing it. 

“You’re born with this code, you die with this code, so once it gets out there, it’s out there,” said Kate Black, privacy officer and corporate counsel for the genetics company 23andMe.  “And you have to be sure you make smart decisions about that.”

Uncertainty about free trade

Mar 16, 2016

On today's show, we'll talk about the misery index, an economic indicator that also has the ability to indicate who the next president may be; findings about attitudes toward free-trade agreements from our latest economic anxiety poll; and the London Stock Exchange's merger with Germany's Deutsche Börse.  

What is a free MBA worth in the marketplace?

Mar 16, 2016
Mark Garrison

Coming soon: a tuition-free MBA. It was announced this week from University of the People, which already offers no-tuition bachelor’s degrees. The idea of its new degree is to extend advancement opportunities to people who can’t afford graduate business education. The question is whether an MBA from an untested new program will be worth their time, as many employers may be skeptical of a new degree from an online program.


Airing on Wednesday, March 16, 2016: On today's show, we'll talk about attitudes toward free trade agreements from those surveyed in our Marketplace poll on economic anxiety; free MBAs; and the London Stock Exchange's merger with Germany's Deutsche Börse.

First the Consumer Price Index, then the Fed

Mar 16, 2016
Ashley Milne-Tyte

The Federal Reserve will announce later Wednesday whether it will raise interest rates for a second time. Consumer prices have been edging up. But core inflation – that’s when energy and food are removed – hasn’t gone up much.

“While that benefits the consumer — the drop in oil prices is a good example — at the same time there is a concern, and there’s a point by which inflation rates are so low you start to worry it actually hurts the economy," said Kathy Bostjancic with Oxford Economics.

Marketplace Tech for Wednesday, March 16, 2016

Mar 16, 2016

Airing on Wednesday, March 16, 2016: On today's show, we'll talk about how ride-hailing companies are transforming transportation; chat with 23andMe's first Privacy Officer, Kate Black, about the future of genetics; and explore the intersection of art and technology with Sree Sreenivasan, the Chief Digital Officer at the Metropolitan Museum of Art. 



Tuition-free university launches MBA program

Mar 15, 2016
Donna Tam

University of the People, an accredited, tuition-free online college, started accepting applications Tuesday for its newly-accredited MBA program.

The total amount students can expect to pay for this degree? $2,400.

FDA takes step to improve generic drug competition

Mar 15, 2016
D Gorenstein

In the last day or so, we’ve talked about how the amount we paid for prescription drugs last year slowed down dramatically compared to 2014.

You know we’d all be paying a whole lot more if it wasn’t for generics, which amounts to as much as 85% of what we take.

Marketplace for Tuesday, March 15, 2016

Mar 15, 2016

FDA takes strong step to improve generic drug competition; what low gas prices mean for everyday spending; and the social cost of a boom in shopping mall developments in Mexico

The dark territory of Cyberwarfare

Mar 15, 2016

Threats to cyber security are common, an everyday part of life. But 40 years ago, the possibility of a cybersecurity breach was hardly more than a conversation. 

Whats more, our government officials ignored warnings decades prior - warnings that could have better prepared us for cyber threats of today. According to Fred Kaplan, author of "Dark Territory: The Secret History of Cyber War," the U.S. is still wandering in dark territory when it comes to our cyber defense system. 


Avon calling it a day in the U.S.

Mar 15, 2016
Nova Safo

Avon, the American women's cosmetics brand founded in New York 130 years ago, is moving to the U.K.

The company, which made its name in door-to-door direct sales, announced that it is relocating its corporate headquarters overseas to save money by combining with an established commercial operation in the U.K.

Avon said its move is not a corporate inversion to reduce  taxes. The company plans to remain incorporated in New York.

The lay of the land in Florida and Ohio

Mar 15, 2016
Tony Wagner

The primary season is full of milestones, real and and imagined. We'll see the former tomorrow as two of the four remaining GOP candidates, Florida Sen. Marco Rubio and Ohio Gov. John Kasich fight to win their home states away from front-runner Donald Trump. Missouri, Illinois and North Carolina are up for grabs too. 

The road to self-driving cars

Mar 15, 2016

On today's show, we'll talk about what needs to happen before self-driving cars can hit the road; how low gas prices affects our feeling about the economy; and reports that the administration is changing its position on offshore drilling.

Andy Uhler

The latest Marketplace Edison Research poll shows younger people and workers depending on hourly wages most appreciate low gas prices at the pump. But paying for gas is also an emotion.

Something emotional happens when people feel like they're getting a bargain — like cheap gas at the pump. And there's pain when they watch money drain out of their wallets.

Valeant swears off aggressive drug pricing strategy

Mar 15, 2016
D Gorenstein

A handful of pharmaceutical companies have been in the crosshairs over the last six months or so, both for the price of their products and for their practices.

One of the most notorious recently is Canadian company, Valeant Pharmaceuticals, which is expected to announce fourth-quarter earnings this morning.

In that time, we’ve learned in the last few months is that a handful of drug makers are aggressive — some say reckless — in how they make money.


Airing on Tuesday, March 15, 2016: On today's show, we'll talk about drug prices; we'll cover Valeant earnings; and Marketplace Tech host Ben Johnson joins us from Austin, TX, to talk brand storytelling at SXSW.

Who wins March Madness? The NCAA

Mar 15, 2016
Mitchell Hartman

March Madness kicks off Tuesday with the First Four in the NCAA men’s college basketball championship. Florida Gulf Coast faces Fairleigh Dickinson, and Vanderbilt faces Wichita State.

Last year’s 2015 semifinal upset by Wisconsin over Kentucky in the Final Four is the kind of on-the-court drama that makes March Madness a $740 million boon for the NCAA. The organization governs collegiate sports nationwide, and gets the bulk of its operating revenue from March Madness.

Marketplace Tech for Tuesday, March 15, 2016

Mar 15, 2016

Airing on Tuesday, March 15, 2016: On today's show, a series of conversations — we'll talk with Andy Puddicombe, co-founder of Headspace, William Hurley of Honest Dollar, and Colin Angle, CEO and founder iRobot (maker of the Roomba).

Read about our methodology

Mar 14, 2016
Justin Sullivan/Getty Images

The Marketplace Edison Research Survey is a national survey of Americans ages 18 years and older. A total of 1,012 respondents were interviewed with 501 interviews conducted by telephone and 512 interviews conducted online. Among the telephone interviews, 300 were conducted via a landline phone and 201 interviews conducted via a cell phone so that we could achieve the proper proportion of coverage of households in the United States that do not have a landline phone.

Marketplace for Monday, March 14, 2016

Mar 14, 2016

Our latest findings from the Anxiety Index poll; how anxious people on the street feel about the economy; and why some in congress are fighting over $30 billion in last year's budget deal. 

The Economic Anxiety Index: What's Your Number?

Mar 14, 2016
Marketplace staff

The Marketplace Economic Anxiety Index is a tool to help describe how the economy feels on a personal level. It’s on a scale of zero to 100. The higher the number, the more stressed out someone is.

You can calculate your score, and compare it to Americans who took the latest Marketplace-Edison Research Poll.


Fighting down to the last $30 billion

Mar 14, 2016
Nancy Marshall-Genzer

What's $30 billion among friends? Not much, in the context of the federal budget.

“It’s tiny,” said Bob Greenstein, president of the Center on Budget and Policy Priorities. “It’s less than one percent of the federal budget.”

And yet it has Congress tied up in knots. The $30 billion in new spending for next fiscal year is part of the deal former House Speaker John Boehner hammered out late last year, but now conservative Republicans in the House want to revisit that agreement.

Encryption spreads as Apple battles the FBI

Mar 14, 2016
Adrienne Hill

Apple's very public fight with the FBI has other tech companies scrambling to bump up their encryption practices.

"I think you will see, if not an arms race, everyone trying to get something out there," said Matthew Green, a professor at Johns Hopkins Information Security Institute.

Green  says many big tech players are already well into the process. Google, Facebook and Snapchat have all reportedly been beefing up encryption practices for a while.