Marketplace All-in-One

No one's made that joke before, right?

Amazon will pay its American employees at least $15 an hour, the company announced today. With 250,000 employees and another 100,000 seasonal workers set to benefit all over the country, can the retail giant pressure its competitors to give out raises, too? We'll look at the potential macroeconomic effects, and what it's like to live on $15 an hour anyway. Then: The cosmetics industry is booming thanks to Instagram and YouTube, but makeup counters at department stores aren’t seeing more customers. How the new guard in makeup is replacing the old. Plus, how the new trade deal with Mexico and Canada will affect drug prices. 

(Markets Edition) Affordable housing isn’t just an issue in packed, urban areas. A new study has found that half of rural counties are also in dire need of it. Then, we look at the markets in light of the new NAFTA agreement as well as a monthly index of the manufacturing sector. We also take a trip to Bastrop, Texas, a small city that tells the story of how the threat of natural disasters can put a stop to thoughts of growth and development. Today's show is sponsored by GAIN Capital Group, (gaincapital.com), PayPal (paypal.com), and Selligent (selligent.com).(10/02/18)

Today’s jobs day, but this time we're more interested in wages: the Labor Department said pay is rising faster than it has since 2009. We'll look at what's (finally) driving that change and how long it can last. Then: Amid all the trade talk, let's not forget about one of Finland's biggest exports: heavy metal. The Scandinavian nation boasts more than 50 metal bands for every 100,000 citizens, more than any other country. We'll take a look at why. Plus: Why J.C. Penney is getting in the bedding business with Lionel Richie.

(Markets Edition) The month of August saw the the U.S. economy add 201,000 jobs, with the unemployment rate at 3.9 percent and wages growing 2.9 percent year over year. It’s the largest yearly jump since 2009. Also, we looked at how hotel chains like Hilton and Marriott plan to give employees panic devices by 2020 in an effort for employees to guard against sexual harassment and assault. Then, we take a look at the measurement of “embodied carbon,” which can be tied to the Paris accords of 2015. Today’s show is sponsored by All Turtles Podcast (allturtles.com), Avast (avast.com), GAIN Capital Group (gaincapital.com) and Indeed (indeed.com/marketplace). (09/07/2018)

(U.S. Edition) The White House is considering another round of tariffs on about $200 billion worth of Chinese goods, and four major American tech companies are pleading for exemptions to those tariffs. Also, streaming services like Amazon and Netflix in the European Union will eventually have to dedicate 30 percent of their on-demand content to local shows. That rules starts in December. Then. we look at the duel between environmental groups and a coal plant in the Pacific Northwest, and how their feud illuminates the economics of coal versus natural gas. Today’s show is sponsored by All Turtles Podcast (allturtles.com), Avast (avast.com), GAIN Capital Group (gaincapital.com) and Indeed (indeed.com/marketplace). (09/07/2018)

(Global Edition) From the BBC World Service … British Airways has apologized to customers after revealing data for 380,000 customers was stolen. We’ll look at why airline websites are becoming big targets for hackers. Then, the British government is cutting salaries of Northern Ireland’s lawmakers who haven’t met for nearly two years. Afterwards, Starbucks is opening its first café in Milan on Friday, but how will it be perceived by those in the country who helped shape global coffee culture? Today’s show is sponsored by All Turtles Podcast (allturtles.com), Avast (avast.com), GAIN Capital Group (gaincapital.com) and Indeed (indeed.com/marketplace). (09/07/2018)

It's been one year since Equifax announced a giant hack four months after criminals stole the sensitive, personal information of more than 147 million people. And in that year, not a whole lot has changed. No federal data breach notification laws, no big changes to how credit agencies collect information or tell you what they're collecting. Equifax’s stock is almost back up to where it started. One thing that has happened — Equifax has spent $200 million beefing up its security. That was part of a deal with eight states that let it avoid fines in exchange for protecting our data better. We dig into this in Quality Assurance, the Friday segment where we take a deeper look at a big tech story. Molly talks with Lily Hay Newman, a security reporter for Wired. (09/07/18)

A decade ago this week, the government agreed to take over Fannie Mae and Freddie Mac to help stabilize the housing market. We'll take a look back at how it all happened and interview Freddie's CEO. But first: Wage growth is sluggish by most measures, but a new report from the White House says those figures don't tell the whole story. Plus: What have we learned a year after the Equifax data breach? 

(Markets Edition) If you’re among the legion of people annoyed with massively expensive drugs, know that you are not alone. A group comprised of national foundations and hospitals is launching a nonprofit company to make generic drugs of its own. It's called Civica RX. Then, developing countries have been pouring a lot of money into the U.S. this year, and that’s caused some big drops for currencies tied to already-shaky economies. However, Thursday morning witnessed the improvement of many of those currencies. Also, Southeast Australia is dealing with its worst drought in almost 40 years. This is leading the government to assemble an aid package that’s worth $2 billion Australian dollars, or $1.4 billion dollars American. Today's show is sponsored by Battelle (Battelle.org/QI), Emma (myemma.com), Indeed (indeed.com/marketplace) and Michigan Economic Development Corporation (planetm.com). (09/06/2018)

(U.S. Edition) Facebook chief operation officer Sheryl Sandberg and Twitter CEO Jack Dorsey testified before the Senate Intelligence Committee on Tuesday, as tech companies are in Washington to discuss the possible impacts of foreign influence on their platforms. Dorsey also went before the House Energy and Commerce committee as well. Also, Senator Bernie Sanders is behind a bill that aims to tax companies based on whether their workers get public assistance. It's called the Stop Bad Employers by Zeroing Out Subsidies (or Stop BEZOS) Act. We then examine how American workers who lose jobs are reticent to pack up and move. Why? One reason has been that job-rich areas also contain too-expensive housing, but there are other factors in play. Today's show is sponsored by Battelle (Battelle.org/QI), Emma (myemma.com), Indeed (indeed.com/marketplace) and Michigan Economic Development Corporation (planetm.com). (09/06/2018)

(Global Edition) From the BBC World Service … U.S. Secretary of State Mike Pompeo is in India urging its government to halt imports of Iranian oil. Can India afford to completely cut off that crude trade? Then, tech titans are on Capitol Hill this week testifying about what they’re doing to prevent election interference on their platforms. At the same time, Facebook announced its first billion-dollar investment in a Singapore data center. We’ll hear from the company’s VP of infrastructure data centers about why Asia, and why now. Afterwards, luxury fashion brands have been known to destroy unsold merchandise, but today, Burberry announced it will stop using fur AND stop burning unsold clothes. We’ll chat about what this means for the fashion industry and whether other big-label brands could follow suit. Today's show is sponsored by Battelle (Battelle.org/QI), Emma (myemma.com), Indeed (indeed.com/marketplace) and Michigan Economic Development Corporation (planetm.com). (09/06/2018)

Facebook is still trying to convince lawmakers and the public that it's making its business more transparent. But new research suggests the message isn't getting through. According to a new poll from the Pew Research Center, the majority of Americans really don’t understand why they see what they see in their news feeds. Molly Wood talks about the poll with Aaron Smith, associate director of research on internet and technologies issues at Pew. (09/06/18)

Dan Rosensweig has moved the company from textbook rentals to AI paper help.

We continue our conversation with Minneapolis Fed President Neel Kashkari, and instead of looking back at the financial crisis 10 years ago, we look forward to potential economic what-if scenarios. Kashkari thinks uncertainty in emerging markets could spark a new crisis, so we'll take a closer look at the plunge of currencies abroad. Also, a look back to FEMA’s response to Hurricane Maria. According to a new report from the U.S. Government Accountability Office, FEMA wasn’t ready to handle the disaster. We talk about why that was the case. Plus, how much do you spend in a week? We sat down with Refinery29’s Work & Money Editor Lindsey Stanberry about the website's Money Diaries series.