Economy & Business

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Two industry groups that represent cattle ranchers have filed a lawsuit against the U.S. Department of Agriculture. They want the USDA to reinstate country-of-origin labeling for beef, because they say consumers want to purchase meat from animals born, raised and slaughtered in the U.S. For example, pieces of beef from Canada can come across the border to a U.S. processing plant, get ground into hamburger, and that hamburger then sold without any indication of its origin.

The list of perks Dan Teran's company offers sounds pretty dreamy.

Anyone working 120 hours a month gets employer-sponsored medical, dental and vision insurance. His company, Managed by Q, also offers a matching 401(k) retirement program, paid time off, a stock option program for all employees, and 12 weeks of paid parental leave.

Those are highly unusual perks, considering most are part-time workers who work only when they're available. Also, Teran's company does janitorial, building maintenance and temporary secretarial work, where such benefits are almost unheard of.

Crowdfunding for your life

Jun 23, 2017
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Lizzie O'Leary and Paulina Velasco

On February 24, 2017, Molly Young got some devastating news. She had breast cancer, at age 29.

"When I took that phone call, and I learned that this was just going to completely uproot my whole life, I'd say I spent maybe 10 seconds or so only freaking out about myself and whether or not I would die. And then immediately thought, 'Oh my gosh, what happens if my health insurance goes away?'" Young said.

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Sam Beard

Britain’s Brexit negotiations with the European Union have begun. The formal talks over the terms of the United Kingdom’s exit from the EU and the future shape of its trade relationship with the bloc are expected to last at least 15 months and could go on for much longer.

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Robert Garrova

Brought to You By” is our series about all the stuff that’s become part of the culture and of the economy. Where did they came from and who thought of them?

Everyone recognizes Smokey Bear, the lovable National Parks mascot who warns visitors about the dangers of forest fires. But where do those friendly anthropomorphic bear cutouts come from?

06/23/2017: You-know-what

Jun 23, 2017
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Marketplace

We thought we could go the whole day without talking about, um, that big bill the Senate unveiled this week. No dice. But we're getting it out of the way right up top, discussing the Senate's hurry-up-and-wait-outside approach to health care reform and what this bill is really designed to fix. Then: U.K.

06/23/2017: What's going on with America's infrastructure?

Jun 23, 2017

Now that Senate Republicans have released the draft for their bill on health care reform, we'll recap how the markets are doing. Chris Low, chief economist at FTN Financial, joined us to explain why health care stocks have been reacting positively. (Hint: It's not expected to actually pass.) Afterwards, we'll look at what Japan and the European Union have in store for their free-trade agreement, and then explore some of the questions U.S. mayors have surrounding Trump's infrastructure promises. 

More than 250 mayors are in Miami Beach for the annual U.S. Conference of Mayors. A White House infrastructure adviser is there, too, and city leaders have plenty of questions. What’s in Trump’s infrastructure plan as far as federal partnerships with cities and states? The plan includes about 200 million in federal spending to leverage much more in private investments. But how will any public-private partnerships be structured? The American Society of Civil Engineers estimates about $4.6 trillion is needed in infrastructure investments by 2025, so details on funding are crucial.

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Sabri Ben-Achour

The Senate's version of the Republican health care bill calls for big cuts to Medicaid and would release Americans from the requirement to get health insurance.

Its overall vision is a fiscally conservative one, whose aim is to have consumer behavior pressure companies into delivering the best services possible. But will that pan out?

In ordinary times, New York-based Vornado Realty Trust would be a natural candidate to take on a major construction project such as the long-awaited rebuilding of FBI headquarters.

As with so much about the Trump era, however, the ordinary rules don't apply.

A commercial real estate firm, Vornado is widely reported to be a finalist to build a new campus for the FBI somewhere in the suburbs of Washington, D.C. But its financial ties to President Trump are raising concerns about conflicts of interest.

Japan and the EU head for a massive trade deal

Jun 23, 2017

Japan and the European Union say they’re close to agreement on a broad free-trade deal. It would be the largest such pact for the EU. The two trading partners have been hammering out this deal since 2013, but negotiations have taken on new urgency recently. 

Click the audio player above to hear the full story.

Solar tariffs request is dividing the industry

Jun 23, 2017
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JaeRan Kim

The Los Angeles office of Green Solar Technologies was humming on a recent Tuesday. In dozens of cubicles, sales people were working their phones, following up on sales pitches for solar systems.

Looking out through his large office windows, Edward Harner, chief operating officer of the company, didn't focus on the mountains that were visible but on the houses spread out before him.

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Marketplace

The Trump White House is wrapping up its tech week. Over the past several days, the administration discussed everything from emerging technology (like 5G networks) to ways it could modernize the government's workforce. Recode senior editor Tony Romm joined us to give his thoughts on whether the administration "gets" where tech is and knows how to move forward, and talked about a clash that went on between Apple CEO Tim Cook and Trump. Plus: To cap off the week, we're playing Silicon Valley with Nadia Boujarwah, co-founder of Dia&Co., a clothing delivery site for sizes 14 and up. 

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