Economy & Business

Business news

Under pressure from worker advocates and growing consumer awareness, Tyson Foods on Wednesday promised better conditions for employees at its meat-processing plants.

ESPN announced a long-awaited round of layoffs today. About 100 staff members are expected to be let go, including on-air reporters and commentators. The cuts are a clear sign of the new economic reality facing live sports broadcasting.

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Majority of Americans feel 'forgotten' by government

Apr 26, 2017
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Annie Baxter

Do you think the government in Washington generally represents your interests, or has the government forgotten about “people like you?” That was the new question we asked in our latest Marketplace-Edison Research Poll. 

Despite greater confidence about their economic futures, a whopping three-quarters of our respondents feel overlooked by Washington. 

“We're the forgotten Americans. We're swept under the rug,” said Glen Perkins, 60, an African-American truck driver in La Vergne, Tennessee, who participated in our poll.

Trump tax plan is heavy on cuts but light on details

Apr 26, 2017
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Marielle Segarra

The White House unveiled a one-page outline of President Trump’s long-touted tax plan today. The proposal is short on details, but among other things, it calls for a reduction in the corporate tax rate, from 35 percent to 15 percent. It also cuts down the number of income tax brackets to three and gets rid of the estate tax.

Why Net Neutrality Rules are in danger

Apr 26, 2017
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Adrienne Hill and Molly Wood

While a lot of attention today was on tax reform, Federal Communications Commission Chairman Ajit Pai was making news of his own. Pai outlined today what might be next for net neutrality, including a possible roll back of Obama-era regulations on internet service providers. Pai also said high-speed internet service shouldn't be treated like a public utility.

Host Adriene Hill spoke with Marketplace’s senior tech correspondent Molly Wood to get some context on the latest news for net neutrality. Below is an edited transcript of their conversation.

What the "Spinal Tap" lawsuit means for Hollywood

Apr 26, 2017
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Adrienne Hill and Maria Hollenhorst

"This is Spinal Tap," the mockumentary about a fictional heavy-metal band, paved the way for a genre of docu-style films and TV shows, like "Best in Show," "The Office" and "Modern Family." But much like the fictional band’s failed entrance to onto a Cleveland Stage, when "This is Spinal Tap" was released in 1984, its box office take was a letdown. But in the years since it opened, it’s become a classic.

Fact-checking Trump’s latest tweet on the economy

Apr 26, 2017

Key to President Trump’s tax plans announced today is accelerated economic growth. That’s probably one reason the president took to Twitter this morning to complain about modest growth in 2016. He said trade deficits were to blame. "Trade deficits hurt the economy very badly" he wrote. But economists say that’s not really right.

 Click the audio player above to hear the full story.

The 'nerd prom' had critics long before Trump

Apr 26, 2017
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Adrienne Hill and Sean McHenry

What happens when reporters and Washington elites call a truce? They hold the White House Correspondents' dinner, also known as the nerd prom. Back when the dinner started in 1921, about 50 people showed up. Now the guest list numbers in the thousands, and the festivities include a red carpet, and a slew of pre-parties and after-parties, and brunches. What once happened in a single night now unfolds over a week, but the guest of honor won't be attending this year. Instead, President Trump will be holding a rally in Pennsylvania, although he's not the only person criticizing the dinner.

If you can't beat the robots, buy 'em

Apr 26, 2017
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David Brancaccio

Five years ago, Marketplace explored how machines, robots and software algorithms were increasingly entering the workforce in our series "Robots Ate My Job." Now, we're looking at what humans can do about it with a new journey to find robot-proof jobs.

Could we power our economy with old buildings?

Apr 26, 2017

If we focused on preserving old buildings instead of building new ones, could we make our economy bigger and stronger? Stephanie Meeks is the CEO of the National Trust for Historic Preservation, a nonprofit that protects historic sites in the United States. In this interview with Marketplace host Kai Ryssdal, Meeks talks about why our economy needs old buildings, what types of places we need to do a better job protecting and how they prioritize what gets saved and what doesn't. 

04/26/2017: Trump and the one-page tax plan

Apr 26, 2017
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Marielle Segarra

The White House unveiled a one-page set of bullet points today, outlining President Trump's long-touted tax plan. We'll run through those points while looking at what could actually happen once lawmakers start actually fleshing things out. Then FCC Chairman Ajit Pai made a big announcement of his own on net neutrality. Molly Wood is here to make us smart. Plus: more from our Marketplace-Edison Research Poll and the controversy around the White House Correspondents' dinner.

04/26/2017: High gains for the markets and businesses

Apr 26, 2017

This morning, we'll discuss the positive numbers coming from businesses and the markets —the Nasdaq closed above 6,000 for the first time while company earnings reports have been decent across the board. Afterwards, we'll look at the potential effects of Trump's proposed corporate tax rate cut on government revenue, and then examine the disparities in per-child spend at schools in different states. 

Updated 9:45 a.m. ET

The White House is banging the drums that President Trump is doing something big again ahead of his 100th day in office — unveiling a tax "plan."

"This is going to be the biggest tax cut and the largest tax reform in the history of our country," Trump's Treasury Secretary Steve Mnuchin said at a panel Wednesday morning.

Different states spend vastly different amounts on their children, according to a new study out this week. The Urban Institute, a think tank in Washington, looked at spending on public schools, health, and social services and found that the national average is just shy of $8,000 per kid. Some states spend a lot more per pupil than others. The disparities raise questions of fairness and the impact of funding.  

Click the audio player above to hear the full story.

Cream cheese has a history wrapped in tin foil

Apr 26, 2017
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Jana Kasperkevic

This is just one of the stories from our "I've Always Wondered" series, where we tackle all of your questions about the world of business, no matter how big or small. Ever wondered if recycling is worth it? Or how store brands stack up against name brands?

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