The cost of summer child care

Jun 16, 2017
Marketplace Weekend Staff

All across the country, schools are getting out for the summer. For kids, it means weeks without hitting the books. But for parents, the months of June, July and August can be a challenging balancing act of work and childcare — which comes at a cost.  

If there isn't an adult available at home to watch the kids, parents must turn to potentially pricey camps, day care programs and lessons. 

Trump restores some Cuba restrictions

Jun 16, 2017
Associated Press

MIAMI (AP) — President Donald Trump declared Friday he was restoring some travel and economic restrictions on Cuba that were lifted as part of the Obama administration’s historic easing. He challenged the communist government of Raul Castro to negotiate a better deal for Cubans and Cuban-Americans.

How to save money on a theme park vacation

Jun 16, 2017
Eliza Mills

A family vacation to a theme park can be quite the ordeal. Wrangling kids for a big trip and spending long, hot days standing in line for rides or food is a test in and of itself. Add money into the mix, and a theme park vacation can seem like running the gauntlet. 

Ticket prices hover around $100 per person, per day for big parks like Disney World and Universal Studios. Then there's food and drinks, hotel, transportation. A family of four could easily spend thousands of dollars, depending on the details. 

The supermarket industry is about to undergo some big changes. Amazon has just announced it's purchasing Whole Foods in a deal worth $13.7 billion. On today's show, FTN Financial analyst Chris Low stopped by to discuss what a store from the two companies could look like and whether Amazon can improve Whole Foods' declining sales. Afterwards, we'll chat with the Financial Times' Rochelle Toplensky about a possible $1 billion penalty for Google from the European Union over its search engine. And finally, we'll look at the state of paternity leave in the U.S. 

Mrs. Richmond

The city of Cleveland, which sits on Lake Erie, has embarked on a sprawling waterfront development project. But Cleveland faces obstacles that are common in any town or city built along water: How do you retrofit an old industrial city?

Today’s version of Cleveland’s waterfront, with a new restaurant, museums and a park, has been a work in progress for a while. The land was first developed for industry — there’s a port where barges drop ore for the trip to the steel mill upriver and a municipal airport built on top of a landfill.

What an Amazon-Whole Foods store may look like

Jun 16, 2017
David Brancaccio and Marketplace staff

This story was last updated at 12:31 CT.

In a move that will reshape the supermarket business, the online retailer Amazon has announced it’s buying the high-end food chain Whole Foods in a deal worth $13.7 billion. That comes out to about $42 a share.

JaeRan Kim

It could be a candy shopping spree for someone. 

We're about to know a lot more about podcasting behavior

Jun 16, 2017
David Brancaccio

Podcast creators (ahem) are soon going to know a lot more about their audiences.

Apple announced it will finally start supplying detailed audience data about the medium. Right now, we know about subscriptions and downloads, but not much else. The new feature — part of Apple’s upgrade in the fall for the iOS 11 operating system on its iPhones and iPads — will include information on when you listen to an episode and when you decide to tune out.


U.S.-Cuba relations may get a little chillier. While President Obama worked to thaw them, President Trump is expected to re-freeze some of America's policies toward its Caribbean neighbor. We'll discuss what some of those could be, which may include new travel restrictions. Afterwards, we'll look at news that Takata — the company accused of covering up potentially deadly airbags — may file for bankruptcy.


The White House and Silicon Valley are meeting up to try to make the federal government run better — whether or not each really wants to work together. On Monday, the newly created American Technology Council will gather for the first time to try to change up how the government uses digital services. Tony Romm, a senior editor at Recode, joined us to talk about the major tech CEOs who might show up, along with key tech issues the White House has its eye on.

Federal Reserve Chair Janet Yellen on Wednesday discussed the Fed’s plans for its balance sheet. That’s the list of all the assets it owns, and it is huge: $4.5 trillion worth. The plan is to slowly shrink that down by a few billion dollars a month, starting soon. Here’s how the Fed came to own so much, and what owning less might mean for the economy.

Click the audio player above to hear the full story.

For-profit colleges may be getting a bit of a reprieve from the Trump administration. Education Secretary Betsy DeVos announced plans to roll back two Obama-era regulations that made life tough for that beleaguered industry. The gainful employment rule held those colleges accountable for a students' earning potential after graduating. The other allowed students from colleges that went bust to potentially have their federal loans forgiven. Both critics and proponents anticipate what new rules will mean in the for-profit college landscape.

There have been a lot of challenges lately on the playing field for the world's leading athletic brands. The sporting goods industry, like others in the retail sector, hasn’t been robust. Nike kept growing, though, with strong sales overseas and powerful branding in performance sneakers. But lately, upstart competitor Under Armour has come on fast. And rival Adidas has had success with eye-catching colorful styles. Nike's response? A 2 percent cut in its global workforce, announced Thursday, and a decision to winnow down its styles by 25 percent.

Molly Wood

In the world of tech, Apple is a must-own stock, and depending on the day, the most valuable publicly traded company in the world. And there's one device that played a big part in getting them there: the iPhone. Later this month will be the 10-year anniversary of Apple's famous phone, and a new book coming out next week chronicles some of its super secret origin story and the internal battle over its design.

Counting up American coal jobs: What's the real total?

Jun 15, 2017
Molly Wood and Scott Tong

Coal keeps coming up as the new administration talks about creating more jobs. Back in March when President Trump signed an executive order to rollback climate change efforts, he gestured to the group of coal industry workers surrounding him and said, "You know what this says? You're going back to work." And just a few days after, Trump pulled out of the Paris climate accord. Environmental Protection Agency Administrator Scott Pruitt defended that decision by trumpeting the number of coal jobs created recently.

Jana Kasperkevic

President Donald Trump does not like remittances — the money immigrants send back to their countries. After all, money leaving the country does not align with his America first ideology. While his administration is trying to figure out whether taxing remittances might be a way to pay for the border wall, Mexicans in the U.S. keep sending money to their homeland.

This is what authorities say happened: For three months, natural gas from an old but still active well ran through an uncapped pipeline. It seeped through the soil and into the basement of a home in the city of Firestone, 30 miles north of Denver. When the gas finally ignited in April, the home was leveled and two men inside were killed.

A couple of years earlier, the city of Firestone filmed a promotional video where the former mayor talks up the innovative schools and low tax rates in front of snow-capped mountains. 

The team is hot, but Yankee ticket sales are not

Jun 15, 2017
Ryan Kailath

It takes a certain, uniquely New York sort of hustle to sell cold water on a cold day.

But on a recent spring morning, gray and overcast, that's exactly what Clive Francis is doing outside of Yankee Stadium. It's the Bronx Bombers' first game against their rival Boston Red Sox this season, and the crowds are bigger than Francis has been used to lately. He's not missing the opportunity to turn a buck.

"Ice cold water guys, ice cold, ice cold, dollar water bottles, can't get 'em inside, ice cold, ice cold."

06/15/2017: Say farewell to EU roaming charges

Jun 15, 2017

We did our best to make sure you weren't surprised by the news: Janet Yellen and co. decided to raise interest rates. Analyst Diane Swonk from DS Economics joined us to give insight on why the Federal Reserve made the decision that it did. Afterwards, we'll look at the European Union's move to abolish telephone, text and data roaming charges, and then discuss some of the reasons for why the growth rate of global energy demand is slowing down. 

David Brancaccio

The global demand for energy just isn't growing at the same speed it used to. The fossil-fuel giant BP has released a new report about global energy use in 2016, finding that energy consumption increased by 1 percent in 2016, compared to a 10-year average of 1.8 percent a year. 

Jana Kasperkevic

Tiny homes seem like a perfect answer to most of millennials’ problems. They are affordable. They are minimalistic. The are trendy. Except there’s one problem: Tiny homes are not considered homes when it comes to bank loans, making it hard for potential owners to find financing.

In the immediate aftermath of the shooting attack in Alexandria, Virginia, which left Rep. Steve Scalise in critical condition, congressional lawmakers have inquired about the possibility of using campaign funds to pay for heightened personal security. We'll report on the ethics, as well as the pros and cons of taking such a step.

Click the above audio player to hear the full story. 

Updated at 4:45 p.m. ET

The FBI says the man who opened fire on a group of Republican members of Congress on Wednesday is 66-year-old James T. Hodgkinson of Belleville, Ill., who was shot by police and later died at a hospital.

The alleged shooter expressed fervent opposition to the Republican Party and called for higher taxes on the rich, in statements on social media and letters to a local newspaper. He apparently volunteered for the presidential campaign of Sen. Bernie Sanders, according to the Vermont senator, who condemned the attack.

Will new technology improve your airport experience?

Jun 15, 2017

Delta Airlines is testing new biometrics technology that would allow U.S. Customs and Border Protection to record facial images of travelers leaving the United States. The measure is being touted as a way to boost security and make life easier for travelers. Experts say the goal is to move the technology on to all airlines and especially incoming flights.

Click the audio player above to hear the full story.

Amy Scott

Just before noon on a recent Thursday, Robert Piluso’s English 1A class was wrapping up at Mt. San Antonio College near Los Angeles. Many of his busy students headed off to jobs or home to take care of children.

“Great work, everybody,” Piluso told the class. “I’ll see you Monday. “

06/15/2017: Rethinking remedial education

Jun 15, 2017

A trade war might be brewing. There's currently an investigation at the Department of Commerce to determine whether cheap steal imports are a threat to national security. On today's show, we'll take a look at how other countries might retaliate if that happens. Afterwards, we'll look at Delta Airlines' decision to test new technology that would record facial images of travelers leaving the U.S. Then, we'll look at how community colleges are starting to change up their remedial courses, which cost money but often don't count for college credit. 


Whenever there's a disaster, someone usually launches a relief effort online. Well, those in the U.S. will soon be able to do that using Facebook now that the social media giant is launching a fundraising tool tied to its "Safety Check" feature. On today's show, we'll talk about what this means for the charity landscape and whether crowdfunding is getting too crowded. Afterwards, we'll discuss HP's move into 3-D printing and how the process could affect the manufacturing industry. And finally, with questions swirling about malicious interference in recent U.S.

A Brief History Of Spousal Speeches At Political Conventions

Jun 14, 2017

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How The VCR Began America's Love Of On-Demand Content

Jun 14, 2017

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What happens to a prolific artist's creative work after they die? Prince's death earlier this year lent particular immediacy to that question. There are reportedly over 1,000 tracks in his Paisley Park vault, and in June, Tidal added 15 Prince albums to its streaming library.