President Trump has fired FBI Director James Comey, the White House said, for the way he handled the investigation into Hillary Clinton's emails. We'll talk with Politico's Sudeep Reddy about whether that reasoning passes the sniff test and what this news means for Republicans' congressional goals. Then: The Trump administration has put off a decision about staying in Paris climate agreement as coal production is up. The long-term for coal is trickier though.
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Molly Wood guest hosts this week. Marketplace's Kimberly Adams and The Atlantic's Gillian White go long and short on this week's news. T Magazine's Deborah Needleman explains how florists on Instagram are changing the floral industry. Author Zoe Fraade-Blanar explains the economic power behind fandom, and comedian Neal Brennan takes the Marketplace Quiz.
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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.
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Snowstorm aside, it's a busy start of the week in Washington. The Congressional Budget Office just did the numbers on Republicans' Obamacare replacement, and, well, we may need to break out Stormy Weather. Plus, the Federal Reserve is meeting tomorrow and Wednesday, so we'll soon have an official call on interest rates. We'll look at the relationship between the Fed and the White House over the years. Plus, can Trump help send a human to Mars?
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Yesterday we were talking about how bank ethicists measure success (by boredom), today we're looking at a way President Trump and Republicans could actually make banking a little more boring. Gary Cohn, one of Trump's economic advisers, told Bloomberg he'd be okay with the financial sector going back to the days when investment banks did trading and underwriting of securities, and commercial banks did banking as the rest of us know it. We'll talk about it, plus the unusual way Spotify could go public and injecting a little geographic diversity in the start-up world.
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On American Public Media’s Marketplace Weekend host Lizzie O’Leary guides listeners through the most fascinating economic stories of the week, exploring what happened, why it matters, who it affects and what happens next.
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President Donald Trump and Canadian Prime Minister Justin Trudeau met for the first time today, and at a joint press conference Trudeau stressed the two countries' trade relationship. Could Canada be the one to save NAFTA? Then: Most Americans aren't saving enough for retirement, and those who are saving often raid their funds for big and unexpected expenses. We'll look at different saving plans that can keep you from self-sabotage. Plus, the economics of pilot season and why smart cars need smarter roads.
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President Trump’s $1 trillion infrastructure plan is still in the nascent stages, but it’s a key part of his promise to create millions of jobs. Once upon a time, infrastructure was this country’s job. After the Great Depression the government put millions of Americans to work building stuff. We'll look back at that history and what lessons it might hold for Trump's ambitious infrastructure plan. Plus: Auto earnings, Trump's visit from Xi Jinping and an exit interview with Fed Gov. Daniel Tarullo.
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It's NAFTA week here, so today we're heading to the Midwest. The trade deal opened up the Mexican market to American farmers, who enjoyed billions in exports. But Mexican farmers couldn't compete, and many of them immigrated to the U.S. illegally after going out of business. Then: we'll talk with the American and Canadian architects of NAFTA about how the negotiated the agreement in the first place. Plus, we'll unpack the latest travel restriction's impact on business travelers and look ahead to the House's big health care vote.
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Ivanka Trump has officially become an unpaid assistant to the president with an office in the White House and a security clearance. But what does it take to get security clearance? How much does it cost to grant security clearance? We got some answers. Also from Washington: The Congressional Budget Office released a report today projecting the United States reaching a record level of publicly held debt by 2017. We take a look at how demographic shifts have contributed to this problem.
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Nearly 100 tech companies, including giants like Apple, Facebook, Google and Netflix, filed a legal brief Sunday challenging President Donald Trump's travel ban. We'll look at what that brief can do and how much of it is symbolic. Plus, it's no secret that Trump watches a lot of cable news, and advertisers are catching on. Then, we'll look at two very different crises in this country: a lack of retirement savings and missing railroad crossings on GPS.
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We've been talking a lot about NAFTA this week, but let's get down to brass tacks: What did the North American Free Trade Agreement do? President Donald Trump (not to mention Sen. Bernie Sanders) made NAFTA as a favorite target during the presidential campaign. They'll both tell you it was a “disaster” for the U.S. economy, that it cost the United States hundreds of thousands of jobs. The reality is not nearly as dramatic or tidy a story. Then, we'll look at how negotiating NAFTA could affect your happy hour. Plus, the latest on Sears' financial woes and more from our series in Erie, Pennsylvania.
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This week we're going long and short on email, the travel ban and Canada. Then, the latest from a conference of automakers in Mexico City, and more on the controversial Education Secretary nominee Betsy DeVos. Plus "Make Me Smart" hosts Kai Ryssdal and Molly Wood take the Marketplace Quiz.
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We're still digging through the Congressional Budget Office report on Republicans' Obamacare replacement. Today we're looking at the plan's $600 billion in tax cuts for the health industry and wealthy Americans. Then, what you need to know about Intel's big bid to get in the autonomous car business. Plus: inside the NBA's minor leagues and one man's mission to spread the truth about caramelized onions.
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Congress started a new session today, and that means the renewed Republican effort to repeal Obamacare is underway. Plus, President-elect Donald Trump's trade rep pick and his tweets at GM. Finally, the race to build artificial intelligence to find and scrub fake news.
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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.
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Ahead of Prime Minister Shinzo Abe's visit tomorrow, let's look at our trade relationship with Japan. Then, we check in with Remitly, an app that helps immigrants send money back, to see how business is going since President Donald Trump took office. Plus, we learn how The Lego Movie and The Lego Batman Movie built the new franchise, and talk about the pressure of making everything awesome again.
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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.
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We're looking over a shifting policy landscape this week: first, Nancy Marshall-Genzer explains who our federal workforce is and what a hiring freeze means for them. Then, Dan Gorenstein explains the latest news with the Affordable Care Act. Lizzie checks in with the executive chair of the St. Helens' council to find out how their economy is dealing with Brexit. Plus, Rachel Bloom, star of Crazy Ex-Girlfriend, takes the Marketplace Quiz and we go long and short on the week's news.
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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."
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