National/International

Generations of home cooks have been inspired by the recipes and writing of Edna Lewis. Among them is Elle Simone, food stylist and test cook for America's Test Kitchen. Managing Producer Sally Swift sat down with Simone to hear about the Miss Edna-inspired America's Test Kitchen recipe for Chicken and Pastry, a hearty soup with a thick broth that contains bits of dumpling-like pastry. Try the recipe at home for comfort food at its best!

Photo: Chef Scott Peacock (left) | Peacock working alongside Miss Edna Lewis (right)

 

Famed Southern chef Scott Peacock first cooked with the legendary Edna Lewis as her assistant at a Southern food dinner in Atlanta. He was in his 20s; she was 74. Over the next 15 years - up until her passing in 2006 - they continued cooking together and became dear friends. Francis Lam talked with Peacock about what it was like to be in the kitchen with Edna Lewis, and how her sense of observation, wonder and patience still guide his work today.

On Friday, we'll get the latest jobs figures for the month of September. Economists are expecting a strong report, with unemployment expected to drop a bit from an already low rate. We're also getting awfully close to the holiday hiring season, and sales are expected to be pretty strong, too. But with the unemployment rate as low as it is, what will retailers have to do to find the workers they need? 

Click the audio player above to hear the full story. 

How will the USMCA trade deal impact China?

Oct 4, 2018

Under the new United States-Mexico-Canada Agreement, manufacturers need to source more parts from the member countries to avoid penalties. That could cost China.

Earlier this week, President Donald Trump said that the trade deal would provide a big boost for North American businesses and jobs.

“We’re going to be a manufacturing powerhouse and allow us to reclaim a supply chain that has been off-shored to the world because of unfair trade issues,” Trump told reporters.

All I want for Christmas is a little help

Oct 4, 2018

Forecasts are predicting strong holiday sales this season, which means retailers, warehouses and other businesses are going to need more employees. But with a labor market this tight, we'll look at how companies are competing for seasonal workers. Then, more than a million children had their identities stolen last year, costing families $542 million. We'll look at what makes kids easy targets and what parents are doing about it. Plus, we'll take you to the world's biggest Elvis Presley festival. It isn't in Nashville or Graceland, but the seaside village of Porthcawl, Wales. 

A misunderstood tech giant and the "nerds" who created it

Oct 4, 2018

Reddit is one of the most visited websites on the internet. But it gets considerably less attention in the national conversation about tech giants and social media. If you've never heard of Reddit, it's a site where anonymous users can post links, whose popularity is determined by other users voting those links up or down.

Last week, 90 million people had to log back into Facebook following a cyberattack.

Maybe you were one of them, and maybe you even took a minute to change your password. But this data breach goes way beyond Facebook, and it's worth wading into the site's thicket of privacy settings to see where else you might have been compromised.

Health care costs keep going up and businesses are passing some of those costs down to their employees. A new Kaiser Family Foundation survey found that employers are paying on average about $20,000 a year for each employee's family health plan — that’s a 5 percent increase from last year. We look into how those increasing costs mean additional costs for employees.

 

 

 

(Markets Edition) The 10-year bond yield is actually up 3.19 percent, one of several signs that the U.S. economy is gaining strength. We talk to economist Diane Swonk for more. In healthcare news, a Kaiser Family Foundation survey has found that employers are paying more for each employee’s health plans. We look at how the employees are also paying more.

An annual assessment by the Center for Political Accountability shows many S&P 500 companies are spending less on direct donations to political races and election-related causes than in recent years. Additionally, those S&P 500 companies that are still making political donations are moving toward more transparency. Changing political winds and growing publicity risks have created a climate in which major corporations are finding it’s safer to cut direct political ties.

Beth Kobliner on how parents can maximize FAFSA's potential

Oct 4, 2018

If you're the parent of a high-schooler, there's a "talk" you should be having with them. No, it's not the one you think.

On Oct. 1, the federal financial aid application process — also known as FAFSA — opened for the 2019-2020 academic year, which could bring to light questions about the economic realities of a college education and more importantly, who's footing the bill and how. 

(U.S. Edition) A stronger U.S. economy means that more U.S. bonds have been selling off, which means a boost to the 10-year treasury yield. Marketplace’s Tracey Samuelson helps explain more. Then we look into the story of Chinese agents using computer chips to possibly hack into computers used by Amazon, Apple and the U.S. government. Also, a year ago Friday, the bombshell story about Hollywood mogul Harvey Weinstein’s predatory behavior surfaced, sparking the #MeToo movement.

Big banks fear recession after Brexit

Oct 4, 2018

(Global Edition) From the BBC World Service ... The U.K. could tip in to another recession after it leaves the European Union, warns the Royal Bank of Scotland's (RBS) chief executive Ross McEwan. Two Japanese giants have made a deal to create a "mobility network" intended to change public transport, healthcare and office work – we hear about a new multimillion dollar partnership between Toyota and Softbank. It's Super Thursday in the U.K., the biggest day of the year for publishers releasing new books for a place in the Christmas bestseller lists.

How #MeToo has (or hasn't) changed business as usual, one year later

Oct 4, 2018

Nearly one year ago, news regarding the deep-rooted, sexually harassing behavior from Hollywood power player Harvey Weinstein shone a light on a culture of impropriety and predatory behavior that had permeated the entertainment industry. It also ignited the #MeToo movement, where people felt empowered to share their stories of harassment in an effort to bring the offenders — some of them powerful or famous — to some kind of justice. The movement and the sense of awareness it has brought with it has spread to other areas of society, include the corporate workplace.

Automation is coming. And although it's inevitably going to take jobs away, it's also going to create millions of new jobs, make production more efficient and kickstart entire new industries. The countries that invest in automation early, and in the retraining that will help workers transition to new types of jobs, could really jump ahead economically. That's partly why automation is a huge part of the Chinese government's Made in China 2025 initiative. That’s the country's plan to reduce its reliance on outside technology and create a tech economy that rivals the West.

The race to grab a giant slice of the self-driving car market got a little more heated when Honda announced it will invest $750 million in General Motors' autonomous car unit, with an additional $2 billion coming over the next 12 years.

That’s a good chunk of money flowing to a set of products a long way from hitting the market. “This is a really expensive venture,” said Michelle Krebs, auto industry analyst at AutoTrader. “We don’t know when they’ll be ubiquitous and profitable.”

The big banks are seeing an increase in cyberthreats, and these attacks are only becoming more sophisticated.

Jamie Dimon has been at the helm of JPMorgan Chase since 2005. As the largest bank in the United States, it manages nearly $3 trillion — more than the gross domestic product of several countries. Dimon is also the longest-serving chief executive on Wall Street. “It is a scary place to be,” he told Marketplace’s Kai Ryssdal. Ryssdal spoke with Dimon about a wide range of issues, including interest rates, wages and the financial crisis.

Last CEO standing

Oct 3, 2018

Most of today's show is devoted to our conversation with Jamie Dimon, the CEO of JPMorgan Chase. We talked about what it was like managing the bank and tangling with the government during the financial crisis, and how he sees his role in today's economy. We also asked Dimon what keeps him up at night. President Donald Trump used the term "time value of money" to defend himself against a New York Times report debunking his self-made origin story and implicating him in tax fraud. But what does that actually mean?

If you love football, what could be better than catching a game just a short walk from where you live? If you're a Green Bay Packers fan, this could become a reality. As reported in Bloomberg, the NFL side plans to build more than 200 homes a block from their Lambeau Field site. This is part of a growing trend among sports franchises; developing the real estate around a stadium. But who’s up for living there? 

Starting next month, Amazon will pay its more than 350,000 U.S. workers $15 an hour. The company is now worth more than a trillion dollars. So what obligations do corporations have when they get this big? 

Click the audio player above to hear the full story. 

Sen. Warren goes after housing affordability

Oct 3, 2018

We keep hearing about an affordability crisis in housing. Home prices and rents are going up, while wages aren't keeping pace. Add to that the shortage of homes for sale because builders aren’t building enough and current homeowners aren’t putting their homes on the market. Sen. Elizabeth Warren (D-Mass.) recently introduced legislation to address the dearth of affordable housing. Warren’s bill would pump $50 billion a year into affordable home and apartment construction through local housing agencies and nonprofit developers.

(Markets Edition) Private employers in the U.S. made 230,000 hires, well above projections, according to Wednesday morning’s ADP survey. Meanwhile, we now know why one of China’s highest-paid actresses was missing for months: She’s been in custody, suspected of tax evasion and facing $129 million worth of fines.

The last CEO standing from the financial crisis

Oct 3, 2018

Cybersecurity. It’s what keeps Jamie Dimon, the CEO of JPMorgan Chase, up at night.

“We are not prepared for cyber, and it's already a cyberwar,” he told Marketplace’s Kai Ryssdal. “Companies like JPMorgan and hundreds of thousands of others are attacked every day by state actors, criminals, and we don't have the authority in place to have the proper response and protection. The government knows this, by the way, but we still haven't fixed it.”

According to the Federal Reserve Bank of Cleveland, nearly half of all workers will at some point in their career become “displaced" — that is, they will lose a job through no fault of their own. When that happens, getting back to the level of income earned before the displacement often takes years, if not decades.

(U.S. Edition) It appears the newly negotiated USMCA trade agreement among the U.S., Canada and Mexico has a provision in it that targets China. Also, we look again at how Amazon has agreed to pay 350,000 of its workers at least $15 an hour. The trillion-dollar company might have found that balance between giving back and investing in itself.

Aston Martin debut: lackluster for long?

Oct 3, 2018

(Global Edition) From the BBC World Service ... Luxury carmaker Aston Martin has been listed on the stock exchange, but will it live up to the long-term success of Ferrari shares after slow initial trading?  There's been a muted response to Melania Trump's visit to Africa, as her diplomatic and deal-making acumen is questioned; we get the view from the business community in Ghana and Kenya.

This week, the United States, Mexico and Canada made a tentative trade deal that will replace NAFTA, the North American Free Trade Agreement. And while NAFTA is better known for, say, avocados and cars, the United States-Mexico-Canada Agreement, as it's known, is updated for the digital age. For example, it would protect internet companies like Facebook or Google from being sued over material that shows up on their services. It addresses how internet services and future 5G might work in all three countries. And it would make it easier for digital goods and data to cross borders.

This week the United States, Mexico, and Canada made a tentative trade deal that will replace NAFTA, the North American Free Trade Agreement. And while NAFTA is better known for, say, avocados and cars, the United States-Mexico-Canada Agreement, as it's known, is updated for the digital age. For example, it would protect internet companies like Facebook or Google from being sued over material that shows up on their services. It addresses how internet services and future 5G might work in all three countries. And it would make it easier for digital goods and data to cross borders.

84: Potcast

Oct 2, 2018

Quick programming note right up top: Kai is out sick this week, so we've had to delay our biannual Explainathon until next week. But! Instead we're gonna talk about ... weed. Pot. CBD. THC. Marijuana. It's a big business that's poised to become much bigger: By 2022, legal revenue is expected to hit $23.4 billion in the United States, even as the drug remains illegal on the federal level. We'll talk with The Motley Fool contributor Keith Speights about the challenges facing pot companies and investors trying to get in on the ground floor.

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