Marketplace All-in-One

(Markets edition) What's causing the latest, wild swings in the financial markets? China has a lot to do with it. Plus, Facebook and France work together to crack down on hate speech. A hipster favorite might be in jeopardy as Coors threatens to put the kibosh on PBR. And, how digital billboards can do targeted advertising on the road. Today's show is sponsored by Forex and the Alliance for Lifetime Income.

Part of the reason there's a backlash against Big Tech these days is because some of these companies are so big. They're big in terms of users (see: Facebook's 2 billion plus), big in valuation (Amazon and Apple have both topped a trillion dollars) and big in market share (more than 90 percent of all web searches happen on Google). The United States is taking baby steps toward possible regulation. Europe is taking more like Paul Bunyan-sized steps. But critics like Tim Wu argue these companies should have been slowed down long ago. Marketplace Tech’s Molly Wood talks with Wu, author of the new book, "The Curse of Bigness: Antitrust in the New Gilded Age." (11/13/18)

Ten years ago the U.S. auto industry, from parts makers all the way to dealers, was on the brink of collapse. The government spent $80 billion to bail out GM and Chrysler, which has since been repaid with interest. The deal saved plants and jobs across the upper midwest, but not all of them. Today we'll head to Dayton, Ohio, where thousands of jobs were lost and a Chinese glass supplier set up shop. But first: Nobody said a lame-duck Congress has to be all that lame — returning lawmakers have a lot to do, including avoiding a partial government shutdown. Today's show is sponsored by Forex, Alliance For Lifetime Income and Paypal.

(Global Edition) From the BBC World Service... Banking giant Goldman Sachs' involvement in Malaysia's long-running 1MDB corruption scandal has bought up old questions about banking culture. Italy's controversial new government is adamant that it will make no changes to its rejected budget on the eve of another budget deadline. The world's largest recruitment drive is underway in India, as the Indian Railway network seeks 100,000 new staff from millions of applicants. Today's show is sponsored by Forex and the Alliance For Lifetime Income.

By now we don't have to remind you that the stock market is not the economy, but we'll give you some more context for today's decline. Also on today's show: One of the most influential companies you probably never heard of is going public. The mobile division of Japanese conglomerate Softbank is vying for an IPO. That's a big deal for American companies, including Uber, Slack and WeWork. Then: About 70 percent of online shopping carts are abandoned before purchase. Now e-commerce retailers are trying to figure out how to get shoppers to that last click. And we remember comic book genius Stan Lee. We talk to Gizmodo’s Evan Narcisse about Lee's impact on pop culture. 

After years of negotiations, AmEx is finally primed to expand to China. But what's a credit card company to do when everyone pays with stuff on their phones? But first, we're still unpacking oil prices this morning — we'll bring you the latest. Plus, a look at Floridas homeless senior citizens. They make up 10 percent of the state's homeless population, and many of them are living out of their cars. Today's show is sponsored by Forex, Alliance For Lifetime Income and the Michigan Economic Development Corporation.

Justin Miller served for 11 years in the U.S. Army and deployed twice to Iraq. After being medically retired, he suffered from severe PTSD. He almost became one of the 20 military veterans and active service members who die by suicide every day. But he was saved, in part, by a serendipitous phone call from his friend Chris Mercado, a fellow vet, who helped talk him back. Now Miller and Mercado have collaborated with a team to build the app, Objective Zero, using social networking technology to make those kinds of vital connections between veterans immediate and easily accessible. We talk about it with Miller. And we hear from the Department of Veterans Affairs’ Jason Owen about how the agency is developing its own apps to help veterans with their mental health. (11/09/18)

Why OPEC might cut the production of crude oil after a month of low prices. How Disney could pose a threat to Netflix with its foray into the streaming world. And as the Fed eyes raising interest rates for the fourth time this year, what it can learn from the Soviet Union's nails....yes, nails. Today's show is sponsored by Forex and the Michigan Economic Development Corporation.

(Global Edition) From the BBC World Service... Saudi Arabia has warned there will be an oversupply of oil next year if global production isn't reduced by one million barrels a day. The Kingdom has promised to cut its own output next month.  We’ll hear what it means for consumers. Also, the biggest online sale in the world has taken place in China: $1 billion was spent in the first 85 seconds of Singles Day. And, as Brazil prepares for a new government to be inaugurated on January 1st, we hear from the country’s outgoing finance minister Eduardo Guardia. Today's show is brought to you by Forex, and the Michigan Economic Development Corporation. 

It's been a long week. Let's take five minutes just to recap. We'll talk midterms, the Federal Reserve and more with the Wall Street Journal’s Kate Davidson and Politico Managing Editor Sudeep Reddy for the Weekly Wrap. Then, we'll get into tariffs, or more specifically, how to be exempt from paying tariffs. Since last March, the Commerce Department has been inundated with nearly 50,000 applications from steel and aluminum companies asking to be excluded from the tariffs — 10 times the amount it initially expected. So how does the Commerce Department choose who gets exempted? We dig into it. Plus, with tariffs there's always a catch, and the lobster industry is feeling it. We talk to Bloomberg’s Shawn Donnan about how Maine lobsters got caught in the trade war crossfire. 

Congressional Democrats and President Trump agree on one thing, and maybe only one thing: lowering prescription drug prices. With control of Congress split, what are the chances of a bipartisan solution? We'll look into it. But first: the cost of doing business just got higher. We'll look at the forces at play (namely, inflation) and when those hire prices might be passed on to you, the consumer. Plus: As we look for more sources of alternative energy to combat climate change, where does nuclear fit in? Today's show is sponsored by Forex, American Express and Paypal.

The midterm elections could have a big impact on the tech industry. That’s because the backlash against Big Tech is one of the only issues out there that is pretty bipartisan. And on top of that, a couple of newly elected legislators have specifically made tech part of their agenda, be it net neutrality, privacy regulations, or even whether platforms are suppressing political voices. We dig into this in Quality Assurance, the segment where we take a deeper look at a big tech story. Issie Lapowsky, a senior writer for Wired covering politics and national affairs, tells Marketplace Tech's Molly Wood that both sides of the aisle have been considering ways to regulate Big Tech in recent years. (11/09/18)

A federal judge in Montana has blocked the Keystone XL Pipeline, a controversial project that would deliver oil from Canada to the Gulf Coast. Then: China holds a massive trade fair to open up to the world. And the E.U. balks at Italy's definition of debt. Today's show is sponsored by Forex, American Express and Paypal.

(Global Edition) From the BBC World Service… U.S. crude oil prices have fallen 20 percent from their recent high, and the global benchmark isn’t far behind. So, what’s weighing on global prices? Then: Greece’s merchant shipping fleet, one of the world’s biggest by tonnage, is likely to feel the pain of sanctions on Iran’s oil. Plus, just more than half of the world’s population is estimated to be without Internet access, and the so-called digital divide is at the top of the agenda at a global web summit in Portugal. Today's show is sponsored by Forex and American Express.(11/09/2018)

Some things might change with the American economy because of the midterms, but we can always count on the good ol' Federal Reserve. The Fed has been meeting this week to discuss interest rates and the state of the economy. While interest rates held steady this month, an increase is anticipated in December. But what about housing interest rates? The average rate on a 30-year mortgage hit 4.94 percent this week, a near seven-year high. Now, the housing market is cooling off — new data is showing a further decline in mortgage applications. We talk to experts about what that means for the economy. Also, the deficit hawks are about to get louder. Talk of the federal deficit was rather quiet during the midterm elections, but with Democrats as the majority of the House, we're going to hear a lot more about it. Plus: a check-in on Big Scooter. Yes, we said it. Big Scooter. It's a multibillion-dollar industry.