Economy & Business

Business news

My Economy: Making an old dream a reality

Oct 21, 2016
Vincent Smith

We usually like to see how the economy is doing by measuring statistics like GDP, but those broad measures don't always reflect everyone's experience. That's why we've collected stories from people all over the country for a segment we call "My Economy." Here's our latest story.

Wendey Waggoner is a single mom of three working as a social worker in Georgetown, Indiana. Waggoner had a comfortable life when she was married to an attorney, but when they divorced her lifestyle changed dramatically. Now she has to stretch her paycheck to support her sons.

Kim Adams

Many people had a tough time using certain web sites this morning. Twitter, Spotify, Airbnb, and PayPal were among many sites that experienced performance issues for short periods today.

Survey says both sides need to play nicer

Oct 21, 2016
Kai Ryssdal

Sometimes, on the Friday of a long week, you just a want a little bit of good news.

A new election survey out from Colby College and the Boston Globe shows that 93 percent of likely voters are pushing for both sides to "cool tempers, shake hands, and come together to confront the challenges ahead," according to a report in the Boston Globe.

Marketplace Weekend Staff

Our answer booth is now open. With the presidential election almost here we want to know: What economic question can we answer for you before voting day?

Is there anything the candidates did not address that you are wondering about? Or maybe you are confused by some of their claims.

Come tell us about it. 

Washington DC has figured out a way around money bail

Oct 21, 2016
Sabri Ben-Achour

In most of the country, if you're arrested for something there's a chance you'll be asked to pay money bail to get out of jail until your court date. Estimates vary, but tens and possibly hundreds of thousands of people end up staying in jail only because they can't afford bail.

But not everywhere.

Andy Uhler

According to the Puerto Rican Federal Affairs Administration, roughly 1000 Puerto Rican families are moving to Florida every month. Things are pretty bad on the island right now, as the government tries to deal with billions of dollars of crushing debt. Unemployment’s at 12 percent and almost half of all families are living under the poverty line there. Cities like Orlando have had to rapidly respond to those families’ needs – and that means business and job opportunities.

Devendra Banhart takes the Marketplace Quiz

Oct 21, 2016
Hayley Hershman

No matter who you are, you've probably had a rough day at the office that changed your perspective, or maybe you made an impulse purchase you really, really wish you could take back. This week, musician Devendra Banhart took our money-inspired personality questionnaire.

Banhart's album "Ape in Pink Marble" is out now.

Jim Price

In rural communities, a grocery or restaurant can be a lifeline. So when disaster like the flooding from Hurricane Matthew closes one, even for a few weeks, it can feel like something more than just losing a store.

That’s how it has been in Grifton, a small town in Eastern North Carolina.

Kelly Thomas was recently looking down a flooded street at the brown water flowing around her restaurant, a Highway 55 Burgers Shakes and Fries fast-food franchise. The water was inside as well as outside.

“We’re thinking right now about two feet,” she said.

Cybersecurity has plagued this presidential election like no other in U.S. history. Earlier this week, the Obama administration indicated its plans to retaliate against Russia, in some way, for cyberattacks. Hacking came up, again, in the final presidential debate. Yet neither candidate is offering a roadmap for what to do on aggression, or how to handle foreign hackers.

Weekly Wrap: A sense of "global disenfranchisement"

Oct 21, 2016

Marketplace host Kai Ryssdal talks with Leigh Gallagher of Fortune and Felix Salmon of Fusion about this week's business and economic news. This week, they talked about China's GDP, Brexit and U.S. inflation rates — and how all of these factor into evaluating the world's economy at large. Also, possible mergers in tech, and how U.S. companies might be feeling about this tumultuous election season.

Correction (Oct. 21, 2016): A previous version of this story misstated Felix Salmon's job.



A group of teenage girls in school uniforms giggle as they share crepes topped with candy and chocolate sauce and oozing hazelnut Nutella. It's a Saturday afternoon and the girls are at the new Nutella shop in Jerusalem's Shuafat Palestinian refugee camp.

The scene is rare in this densely populated and impoverished urban camp. The potholed street outside the café is tense and crowded, as a group of little Palestinian schoolboys fight alongside zigzagging traffic.

Marketplace for Friday, October 21, 2016

Oct 21, 2016
Mitchell Hartman

If this podcast got to you, then at least something's working right on what has been a very bad day for the internet. We'll talk about the DDoS attack that took out a bunch of popular websites. Plus, a big tobacco merger, floods in North Carolina and the Weekly Wrap.

The British pound's drop to a historic low

Oct 21, 2016

On today's show, we'll talk about the British pound's 19-percent decline since the Brexit vote; Starbucks' big push into China; and how California's state fire agency uses social media to try and save lives. 

Former Wells Fargo employees tell NPR that managers at the bank retaliated against them for calling the company's ethics line and pushing back against reckless sales practices. They say the bank fired them or pushed them to resign and then, in effect, put a scarlet letter on their permanent record that has damaged their careers and prevented them from getting hired by other banks.

Scott Cohn

Wildfires are an unfortunate fact of life in California, and a five-year drought is only making matters worse. Since the beginning of this year, more than 5,300 fires have broken out in the state. That is a 16 percent jump from a year ago.