Marketplace

Airs Weekdays at 6:30 pm
  • Hosted by Kai Ryssdal

In 30-minutes, Marketplace breaks down the day's business and economic news. With a reporting style that is lively and unexpected, the stories range from impacting your wallet to Wall Street. Marketplace Morning Report presents the morning business news at 5:50 and 7:50 am weekdays. MMR is hosted by David Brancaccio.

Distributed by: American Public Media

10/20/2017: Tech innovation in Ciudad Juarez

3 hours ago

(Markets Edition) The GOP is getting closer to tax reform following the Senate's approval of a budget resolution, which could mean $1.5 trillion in tax cuts. Chris Low from FTN Financial joined us to talk about how interest rates will play a role in making up that lost revenue, a crucial point going forward given that Trump has to select the next Fed chair soon. Afterwards, we'll discuss Japan's upcoming snap election, in which the current prime minister, Shinzo Abe, is expected to retain power.

With North Korea looming, Japan heads to the polls

5 hours ago

Japan is holding a snap election on Sunday. Prime Minister Shinzō Abe is widely expected to retain power, with his party maybe losing a few seats from its huge majority. In many ways, the election is a referendum on the prime minister’s economic reforms, known as Abenomics. It’s also a vote about national security.

Click the audio player above to hear the full story.

Pressure from Amazon has Walmart.com looking for new kinds of customers. According to the Wall Street Journal, the giant discount store is close to landing a deal with Lord & Taylor, one of the oldest luxury department stores in the country. 

Click the audio player above to hear the full story.

10/20/2017: Congress moves closer to tax reform

6 hours ago

(U.S. Edition) The Senate has approved a $4 trillion budget, checking one of the boxes the GOP needs before it pushes a tax overhaul. We'll look at how this will help Republicans' tax efforts, and whether the budget provides anymore clues about the party's plans for tax reform. Afterwards, we'll discuss Walmart's courtship of Lord & Taylor, one of the country's oldest department stores, and then report on the emerging demand for "greener" aluminum. 

Looking for tech innovators in Mexico's Ciudad Juarez

6 hours ago

Maquilas, the factories along the U.S. and Mexico border that turn out truckloads of U.S. consumer products and auto parts are notorious for long, monotonous shifts and some of the lowest wages in Mexico. Automation is expected to eliminate as much as 52 percent of these assembly jobs over the next decade. Before that happens, business incubator Technology Hub, in the city of Ciudad Juarez, is working to develop higher paying tech employment, with a push to transform Ciudad Juarez into an innovation-based economy.

The emerging demand for "greener" aluminum

6 hours ago

Sales of aluminum are on the rise, and that’s in part because using it in products can have environmental benefits. But there’s a dirtier side to aluminum — producing it is energy intensive. So, now demand is growing for “greener” aluminum.

Senate GOP backs budget, clears way for tax overhaul

7 hours ago

WASHINGTON (AP) — Republicans must now shift their focus to enacting President Donald Trump’s sweeping tax plan, a far heavier lift than the $4 trillion budget plan they’ve muscled through the Senate to lay the groundwork for the first tax overhaul in three decades.

(Global Edition) From the BBC World Service ... German Chancellor Angela Merkel might have thrown British Prime Minister Theresa May a Brexit lifeline overnight, but will it be enough to reignite dialogue between the UK and the EU on their looming divorce? Afterwards, we’ll explain why football, kangaroos and meat pies might still be going strong in Australia, but not GM Holden cars, which have hit the brakes on domestic production.

Congress's push to get self-driving cars on the road faster

7 hours ago

Right now, states and cities decide if and how they want autonomous vehicles on their streets. But the U.S. Senate is considering a measure that would standardize the rules of the road and let automakers sell more vehicles with self-driving capabilities over the next three years. The House of Representatives has already passed a different version of the bill.

10/20/2017: Self-driving regulation speeds along

7 hours ago

Right now, states and cities decide if and how they want autonomous vehicles on their streets. The U.S. Senate is considering a measure that would standardize the rules of the road and let automakers sell more cars with self-driving capabilities over the next three years. It's passed out of committee and will go to a full Senate vote in the coming weeks. The House of Representatives has already passed a different version of the bill. Republican Sen. John Thune of South Dakota, one of the sponsors of the bill, talks with Molly Wood about the legislation.

10/19/2017: Tax reform's brain drain

19 hours ago

Kai Ryssdal promised we weren't going to talk about tax reform today, but it kept coming up: Rep. Pat Tiberi's resignation from Congress signals a brain drain of tax code experts in the Ways and Means Committee, which could make tax reform a lot messier. And we checked in with a union leader in Erie, Pennsylvania, who wasn't exactly moved by President Donald Trump's big announcement that tax reform would lead to the rebirth of American industry.

A day in the life, surrounded by federal regulations

22 hours ago

Can you name a single federal regulation? Probably not, but they're all around you, from the second you open your eyes in the morning.

Tech companies head to Capitol Hill over politcal ads

Oct 19, 2017

Sheryl Sandberg, the chief operating officer of Facebook, took to Washington to smooth things over with Congress about Russian-linked accounts using the social network to target political ads in the 2016 election. But her efforts may be too little too late, as Congress introduced a bill today to change the disclosures tech companies must make about political advertising. Marketplace host Kai Ryssdal spoke with Molly Wood, the host of Marketplace Tech, about the controversy. 

In Pennsylvania, a budget stalemate — one that’s been going on for more than three months now — is threatening millions of dollars that some universities count on to lower their in-state tuition. The state’s legislature adopted the budget over the summer, but it still hasn’t agreed on how to pay for it. Meanwhile, four schools — Pennsylvania State University, the University of Pittsburgh, Temple University and Lincoln University — are nervous their funds could become a casualty in the negotiation process. 

Another Republican congressman heads for the exits

Oct 19, 2017

U.S. Rep. Pat Tiberi announced today that he's leaving Congress in January — midway through his term. The Ohio Republican is a senior member of the tax-writing House Ways and Means Committee. That makes him part of what's known as the governing wing of the Republican party — the folks with influence who can get things done. So what will that mean for tax reform?

Click the audio player above to hear the full story.

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