China's economy has undergone a remarkable transformation, from Communist backwater to world power. But even in a totalitarian regime, the transition hasn't been seamless. For an entire week in January 2006, the daily program Marketplace broadcast live from China, to report first-hand on a booming economy that has altered the competitive landscape.
"Good, but still a lot of little new reports."
Each week on Marketplace Money, host Kai Ryssdal looks at the week's major national and international stories that will impact the average listener's wallet. During the hour-long program, Ryssdal and Economics Editor Chris Farrell help listeners map out the course to financial well-being, offering advice on topics such as how to pay for college and whether to buy or lease a car. It's informative. It's engaging. It's "the money show for the rest of us."
A. Lot. Happened. This. Week. We're here to wrap it up. Leigh Gallagher of Fortune and Sudeep Reddy of Politico join host Kai Ryssdal to review the week that was. We'll also talk about that 5,700-word letter posted yesterday by Facebook CEO Mark Zuckerberg and what it all means. We also hear from a CEO in California who says the state's increase in minimum wage has been great for his business.
While President Donald Trump's travel ban is in court this afternoon, Republican senators put forward another immigration proposal to cut the number of immigrant visas in half over a decade. We'll look at what that reduction in unskilled immigrant workers will do to the economy. Then: Manufacturing is alive and well in Reading, Pennsylvania, but employers say they can't find enough skilled workers. Plus, we'll look at GM's earnings and Trump's one-reg-in-two-regs-out executive order.
There was a time when a North Korean missile launch, a Russian spy boat, a resigned national security adviser and a couple of disastrously rolled out executive orders might have been very bad news for Wall Street and stock prices. Not anymore. We'll look into that, plus President Donald Trump's new pick to head the Labor Department and the measure the government uses to decide what's "too big to fail." Plus, more dispatches from America's downtrodden steel towns and a bit on Trump's press conference today.
What the heck is reconciliation? For starters, it's the latest way Congressional Republicans are hoping to get rid of Obamacare. We'll look at how it's used and whether it's a winning tactic. Then: hundreds of thousands are people are due in Washington, D.C. for next week's inauguration, and all the protests and parties that come with it. Local businesses and merch-sellers are preparing for a crush of business, and opening themselves up to criticism in the process. Then: the civil rights divide in charter schools and how to make your desk lunch less sad.
We're leading off with two macro-economic stories today. First, currency manipulation: Trump and his aides have accused China, Japan and now Germany of benefiting from undervalued currency. Then, companies are trying to figure out how to navigate the new Trump era: Some are feeling pressure to move manufacturing back to the States, others to take a stand on his executive order and others still just want to stay off his Twitter feed. Plus, a preview of this week's "Make Me Smart."
The U.S. and Mexico are at loggerheads. But whoever ends up paying for the wall, the U.S. and Mexico will remain intertwined.
If recent earnings reports are any indication, big banks have a ways to go before they'll benefit from rising interest rates. Plus, the EPA passes new auto regulations just under the wire. Then, the massive spy agency project that's displacing a St. Louis neighborhood to save it and, of course, the Weekly Wrap.
You may have noticed the president of the United States tweeted this weekend. We're not going to talk about those unsubstantiated claims today, except to note that when Donald Trump tweets, he's usually trying to distract from less favorable news. News like the 1,100 or so Senate-approved jobs he has to fill, or the new executive order on travel restrictions for six countries (not seven, like the last ban that stalled out in federal court). We'll cover both stories. Plus, we'll answer the age-old question: Why are Carl's Jr. and Hardee's near-identical restaurants with two different names?
We're kicking off a new series today, explaining the North American Free Trade Agreement and what could happen if President Donald Trump renegotiates it. To start off, we have to talk about your pants. Where they were made and what you paid for them are essential to understanding how NAFTA works. Then, we'll talk with Jaime Serra, one of the agreement's architects in Mexico. Plus, the latest on Brexit negotiations and Uber's scandal-filled year.
The budget plan the White House released today is sort of like an extension of President Donald Trump's tweets: It gives you a sense of his thinking, but it's not the whole plan. It's called a "skinny budget." We'll discuss what that means and what it says. Then, Trump told Fox News' Tucker Carlson that he wants to cut business taxes from 35 percent down to 15 percent. But what businesses actually pay that much, and what would a cut mean for the economy?
It's official: The Federal Reserve is raising interest rates by a quarter of a percentage point, with two more hikes expected this year. We'll talk through Chair Janet Yellen's announcement. Then: President Donald Trump's plan for a border adjustment tax seems like a straightforward enough way to encourage companies to buy American and hire American, but is it legal? Plus, the view from an Uber-less SXSW and the remarkable success of "Get Out."
If you're listening to our show in your car, or on the train or while looking at a dam, we probably don't need to tell you: American infrastructure is not great. In fact, thanks to the American Society of Civil Engineers' annual report card we know it's just this side of failing: D+ this year. President Donald Trump has promised to fix the country's infrastructure, in part with tax incentives and public/private partnerships. Will look at how that works. Then: We've learned more about how Trump plans to fund his big defense boost: by cutting about $6 billion from Housing and Urban Development. Plus, a commercial drone industry begets a anti-drone industry.
So, no vote on the big GOP health care bill today. There might be one tomorrow, depending on whether you listen to the White House or to Republican leaders in Congress. The latest carrot they're using to win votes is scrapping an Obamacare provision that standardized insurance policies. We'll talk about "health care a la carte." Plus, a NAFTA thought experiment and the latest in our My Economy series.
Just because foreign companies can now invest in Mexico’s state-owned energy agency Pemex, it doesn’t necessarily mean they will. Seventy-five years of monopoly bred messy finances, debt, nepotism and corruption. But it’s too big an opportunity for some to pass up, and we’ll likely see U.S. companies involved with Pemex’s modernization. Next, our sustainability desk visits tech startups that are figuring out better places to put carbon dioxide than into the air — and some of their solutions make pretty useful products. Plus, the coal conversation continues with an update from Wyoming.
Each week on Marketplace Money, host Kai Ryssdal looks at the week's major national and international stories that will impact the average listener's wallet. During the hour-long program, Ryssdal and Economics Editor Chris Farrell help listeners map out the course to financial well-being, offering advice on topics such as how to pay for college and whether to buy or lease a car.
So the Dow didn't hit 20,000 today, but when it does, what's the big deal? We often say the stock market isn't the economy, but the Dow isn't even the whole market. Also on today's show: If you haven't returned your Samsung Note 7, you should probably do that soon because several carriers plan on releasing an update to end all updates. Lastly: A look ahead at how Trump might approach job growth with unemployment already under five percent.