National/International

A report out today from CreditCards.com finds that millennials are the worst tippers across all age groups, and that’s costing low-wage service workers a vital part of their income.

Take Jose Mendoza, whose wage is $5 an hour as a server at Pio Pio Latin Cuisine in Orlando. He said he makes about $20 an hour, though, on a good day, because of tips. 

But, he explains, "the younger people, they don’t tip so good."

Video game addiction is real

Jun 18, 2018

(Markets Edition) The World Health Organization has released a new list of official medical conditions, which includes "gaming disorder," where people obsessively play video and computer games. We'll take a look at what exactly the disorder entails and why insurance companies might be able to cover it now. Afterwards, we'll discuss the nationwide increase in suicides, and how funding to address the issue is lagging behind.

President Donald Trump has nominated a permanent director of the Consumer Financial Protection Bureau, the agency created after the financial crisis. The nominee, Kathy Kraninger, is a federal budget official. We take a look at why the White House chose her and how the bureau has changed since its inception.

Click the audio player above to hear the full story. 

Maybe the U.S. and global economies keep ticking along until the end of time and the markets remain forever chill. But that's not what history tells us. It's also not the view of the biggest hedge fund in the world: Bridgewater Associates.

In recent weeks, it's been circulating a warning. Bridgewater co-chief investment officer Greg Jensen and two of his colleagues say that, "We are bearish on almost all financial assets while markets are still pricing in Goldilocks conditions" and that "2019 is setting up to be a dangerous period for the economy." 

(U.S. Edition) President Trump has nominated a permanent director of the Consumer Financial Protection Bureau: Kathy Kraninger, a federal budget official. We'll take a look at her experience and why the White House says it chose her. Next, we'll discuss how the French government isn't very happy with General Electric's job creation progress in France. Before GE was allowed to buy the energy generation part of the French conglomerate Alsthom, it had a mandate to create a thousand jobs in the country. Then finally, we'll talk to Washington Post columnist Allan Sloan about how U.S.

Suicide is the 10th leading cause of death in the United States, and it’s the on the rise, but we have no idea why.

“We have the science of suicide that we’ve paid for, which is to say ... not much,” said Dr. April Foreman at the American Association of Suicidology. “The reason we don’t have good answers is that we fund suicide-related research at a fraction of the other kinds of research for other causes of death.”

(Global Edition) From the BBC World Service...Ongoing disagreement in Germany over asylum seekers is threatening Chancellor Angela Merkel’s leadership and could put her political future in jeopardy. How can the country’s government balance its own immigration challenges with broader policies across the European Union?  Then, the agriculture industry is challenged in northern Chile as people there struggle with a persistently dry climate amid years of drought. But innovative farmers have learned to harness the power of fog to help relieve their struggle.

Can you make money off of emoji?

Jun 18, 2018

More than 150 new emoji have been approved by the emoji standards body called Unicode. A redheaded person, a llama, toilet paper and bagels are just some of the new symbols. It's a big deal if you happen to be a redheaded llama farmer, but also because the release of new emoji is a carefully coordinated situation that requires approval from an emoji standards body called Unicode. And a design process that's specific to every operating system and, at least so far, no money changing hands. Jeremy Burge is Chief Emoji Officer for Emojipedia — which is kind of like Merriam-Webster for emoji.

Can you make money off of emoji?

Jun 18, 2018

More than 150 new emoji have been approved by the emoji standards body called Unicode. A redheaded person, a llama, toilet paper and bagels are just some of the new symbols. It's a big deal if you happen to be a redheaded llama farmer, but also because the release of new emoji is a carefully coordinated situation that requires approval from an emoji standards body called Unicode. And a design process that's specific to every operating system and, at least so far, no money changing hands. Jeremy Burge is Chief Emoji Officer for Emojipedia— which is kind of like Merriam-Webster for emoji.

A Dutch brothel where women work for themselves

Jun 15, 2018

From purple and red walls to safes in every room, just about everything at the My Red Light brothel has been designed with input from the women who work there.

It’s also almost completely run by former or current sex workers, something rare in Amsterdam’s world-famous prostitution district. But the most important thing about My Red Light is that its 14 rooms can only be rented by people who have been thoroughly vetted to ensure they are not being trafficked, pimped or exploited.

The sequel to the animated superhero film "The Incredibles" opens in movie theaters across the country today. The original film came out in 2004, grossing $633 million worldwide. So with those kind of numbers, why did it take 14 years to make a sequel?

Click the audio player above to hear the full story.

Negotiation in global politics have dominated the headlines recently, between North Korea and U.S. relations, international trade dealings and the G-7 summit.

How to be a composer

Jun 15, 2018

Everyone has a dream job growing up: doctor, vet, ice cream taste tester. But how do you actually get the gig? Marketplace Weekend is looking into how, with the occasional series, How to Be a ...

Following the money in soccer's biggest scandal

Jun 15, 2018

The World Cup began on Thursday. It is arguably the biggest sporting event in the world. It's also a multibillion-dollar business with TV distribution deals, sponsorships — and corruption. Lots of corruption. The story of FIFA, the international soccer governing body, is also a story of bribery, international intrigue, a former spy who compiled a dossier on President Donald Trump and a guy who walked around with a parrot on his shoulder. All of this is real.

What is the future like for hog farmers in this country?

Jun 15, 2018

A little more than two months ago, the Chinese government imposed tariffs on a list of American products in return for the Trump administration's taxes on Chinese steel and aluminum. Beijing went after products like pecans, apples and pork. Back then, we called Brian Duncan, a hog farmer and the vice president of the Illinois Farm Bureau, to see how that would affect his business.

Since Hurricane Maria ravaged Puerto Rico in September 2017, thousands of people have fled the island to come to the mainland. Many of them — some 1,600 families — have been staying at hotels paid for by the Transitional Shelter Assistance program from the Federal Emergency Management Agency. But the program will expire at the end of June. In Florida, about 600 families are in the program.

Why a trucker shortage really, really matters

Jun 15, 2018

The U.S. is facing a national trucker shortage. With the economy in an upswing, there’s more of a demand for goods than there are people to transport them. As carriers try to attract drivers with perks and pay raises, companies that rely on shipping say an unexpected rise in shipping costs has forced them to raise prices for consumers. Marketplace Weekend host Lizzie O’Leary spoke about the dilemma with truck driver John Lex and with Avery Vise, vice president of trucking research at FTR Transportation Intelligence. 

Should newlyweds combine bank accounts?

Jun 15, 2018

It's wedding season, and while personal finance isn't the most romantic thing, it's important to talk about this time of year.

To get some tips on nuptials and money, we spoke with Beth Kobliner, a personal finance writer and author of the book "Get a Financial Life: Personal Finance in Your Twenties and Thirties." This transcript has condensed and edited for clarity.

If you've heard of Donald Glover, the multihyphenate actor-comedian-producer-writer-musician who also goes by the stage name Childish Gambino, then you're also familiar with the work of filmmaker Hiro Murai. They've collaborated on numerous projects over the last five years starring Glover, including creating the FX show "Atlanta" and the music video for "This Is America." 

China’s government responded quickly to U.S. President Donald Trump’s tariff hike on Chinese goods by announcing Friday it will immediately impose penalties of “equal strength” on U.S. products.

The Commerce Ministry said it also was scrapping deals to buy more American farm goods and other exports as part of efforts to defuse a sprawling dispute over its trade surplus and technology policy.

America's 1998 World Cup disaster

Jun 15, 2018

(U.S. Edition) That's soccer, if you were wondering which one. But first: China is threatening quick retaliation against U.S. tariffs on $50 billion worth of goods. Our Shanghai correspondent will bring us the latest before we shift our focus up north, our relationship with Canadian agriculture. Plus: History seems to be repeating itself for the American soccer team in this year's World Cup.

Veronica Volk / WXXI News

Protestors at Rep. Tom Reed’s office in Geneva called on the congressman to take action against an immigration policy that is separating children from their families at the U.S. southern border.

After the 1994 World Cup, being a soccer player in the U.S. became recognized as a real profession.

The U.S. team had a respectable finish that year, making it to the knockout stage of the tournament despite its defeat by Brazil on the Fourth of July. 

Seattle fought Amazon ... and Amazon won

Jun 15, 2018

The Seattle City Council voted this week to undo a new tax that would have made big businesses pay per employee to generate money for public housing and help for the homeless. Seattle's housing costs and homeless population have both exploded in recent years as the tech industry, mainly Amazon, has brought higher salaries and lots more jobs. But Seattle businesses, including Amazon, pushed back hard on the new tax. One month after it passed, the city council flipped the reset button.

The International Monetary Fund warned this week U.S. tariffs could dent global growth, but according to reports, President Trump is preparing to unveil $50 billion worth of new tariffs on another batch of Chinese imports. If you’ve lost track of what’s covered and what’s not, we’ll take a step back and bring you up to speed. Then, China’s ride-hailing app Didi is the world’s most valuable startup, and it’s now expanding into Melbourne, Australia. Plus, the world’s most expensive movie poster ever sold fetched half a million dollars at auction, but what makes a poster so valuable?

Photo: Cristina Martinez and Francis Lam with the full spread
of barbacoa, salsa, and accompaniments at El Compadre.

The Andes hold the heart of Peruvian food

Jun 15, 2018

Photo: Fruit market in the streets of Cusco, a town in the Peruvian Andes.

Gas prices are on the rise just in time for summer travel. But will that give drivers second thoughts about hitting the road during the summer vacation season?

Click the audio player above to hear the full story. 

In order to afford a modest one-bedroom rental, an American would, on average, have to make $17.90 an hour. This is according to the National Low Income Housing Coalition. There’s just one problem — $17.90 is far above the federal minimum wage. It means there are a lot of people who can’t really afford their rent. The question is, what other essentials are they giving up?

Click the audio player above to hear the full story. 

New numbers out Thursday show that Americans spent a lot of their paychecks on retail last month. U.S. retail sales were strong in May, rising about eight-tenths of a percent from a month earlier.  That may sound small, but it’s the biggest one-month jump since last November. Among the merchants that got a lot of love are those that sell building materials.

Click the audio player above to hear the full story. 

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