Marketplace All-in-One

We're expecting the announcement of a deal between Mexico and the U.S. as a part of the NAFTA overhaul. We talk to Julia Coronado from MacroPolicy Perspectives about how the markets might react. Then, Elon Musk abandons plans to take Tesla private despite his tweet saying that he had "funding secured." Some wonder if Musk has gone from Tesla's biggest asset to Tesla's biggest risk. Later, the Iranian parliament has ousted the country's finance minister. MPs held a vote of no confidence for Masoud Karbasian over problems in the banking system, tax regulation, and his failure to present a plan to fix the economy. Today's show is brought to you by Indeed (Indeed.com/marketplace) and Michigan Economic Development Corporation (planetm.com). (08/27/2018)    

(U.S. Edition) NAFTA negotiators from Mexico and the U.S. met through the weekend to work out the details of their trade agreement. What's the rush? Negotiations have to be wrapped up by September 1 if the Trump administration wants the current congress to vote on it. Then, government aid is coming to U.S. farmers hit by tariffs, but probably won’t be enough. Farmers are due some relief in the form of subsidies from the USDA, the agency says it it will be spending $12 billion on relief efforts. However, corn, wheat, soybean and dairy farmers caught up in the escalating trade war say they don’t even know how to calculate the total losses. After, we speak to Cathy Cohen from the University of Chicago about her recent findings on gender parity and feminism in the latest GenForward survey of millennials. According to the study, the majority of young people support equality for women but they don't all call themselves feminists.   Today's show is brought to you by Indeed (Indeed.com/marketplace) and Michigan Economic Development Corporation (planetm.com). (08/27/2018)

(Global Edition) From the BBC World Service… President Trump will host Kenya’s president at the White House today, a meeting that could bring about partnerships in tourism and infrastructure projects. So, what does this gathering mean for bolstering relations between the U.S. and Africa? Then, Chinese ride-hailing service Didi Chuxing has suspended service following the second murder of a passenger this year. There’s a wave of public backlash on social media, and the government’s transport ministry has called for concrete measures to improve public safety. Afterwards, we’ll investigate corporate governance consequences of declining numbers of private shareholders. (08/27/2018)

Fake news is enemy No. 1 right now. Companies and governments are trying to figure out who should be in charge of spotting misinformation and getting rid of it. MIT researcher Sinan Aral has found that the not-true stuff, what he calls “false news,” is not only hard to stop, but also really effective. A study published last spring found that false news travels way more efficiently and much farther than the truth. In a recent article in the Harvard Business Review, Aral said misinformation can come at a real cost. (08/27/18)

As new college students across the country start moving in, we're taking a look at the booming dorm-in-a-bag business. Turns out there's a lot of money in making a 170-square-foot cinder-block box feel like home. But first: It's been a wild week for political news, but the economic news was no slouch either. We'll break it all down in the Weekly Wrap. Plus, how more intense and frequent wildfires are changing firefighters' jobs.  

Remember how the Republican tax overhaul put a $10,000 limit on state and local tax deductions? And several, mostly blue states, have been trying to find shall we say "innovative" ways around that. Well the Treasury Department is saying no to those efforts, not today. Then, central bankers, finance ministers and economists from the around the world flew to the mountain resort of Jackson Hole, Wyoming this week. They’re there for an annual economic symposium hosted by the Federal Reserve Bank of Kansas City. One focus of this year’s event is on so-called "superstar" firms like Amazon, which is a half-million employees strong, and whether these giant companies are partly responsible for holding down wages.  Today's show is sponsored by Indeed  (Indeed.com/marketplace) and Carbonite (www.carbonite.com). (08/24/2018)    

Hurricane Lane is currently a Category 3 storm with 120 miles an hour winds. The slow pace of the storm means it's dumping a lot of rain according to the Central Pacific Hurricane Center. There's extreme flooding on the Big Island of Hawaii and it expects up to 40 inches of rain in some places causing life-threatening flash flooding and landslides into the weekend. The last major hurricane to hit Hawaii was Hurricane Iniki in 1992. We talk to Karl Kim, professor of at the University of Hawaii and executive director of the National Disaster Preparedness Training Center, about what it's going to take to recover. Also, tomorrow will be one year since Hurricane Harvey dumped trillions of gallons of water on southeast Texas. Tomorrow is also the day voters in Harris County, the greater Houston area, will head to the polls to vote on a $2.5 billion bond package for flood risk reduction projects across the county. We check in with the residents of Houston.  Today's show is sponsored by Indeed  (Indeed.com/marketplace) and Carbonite (www.carbonite.com). (08/24/2018)

(Global Edition) From the BBC World Service… After a bruising week in Australian politics, the country’s treasurer, Scott Morrison, has been sworn in today as the new prime minister. Then, controversy this week over President Trump’s attention on South Africa – we’ll dissect what’s happening with the country’s land-reform efforts and what impact it all has on the economy. Afterwards, Goldman Sachs introduced new benefits for working mothers breast feeding their children this week, it’s a trend that’s gaining momentum across the world. We chat with one mother who founded her own company aimed at alleviated stress for working moms. Today's show is brought to you by Indeed (Indeed.com/marketplace) and Carbonite (www.carbonite.com). (08/24/2018)

This week, the European Commission said it's drafting new rules to get companies like Facebook, Google and Twitter to take any terrorist content off their platforms within an hour. And while this plan has a long way to go to become law, it's part of a broader move to increase tech regulation in Europe, where many countries have strict hate-speech laws. Politico’s chief technology correspondent Mark Scott says taking down terrorist threats is actually the easiest part when it comes to regulating speech online. (08/24/18)

In a week that's seen the looming threat of impeachment and the longest bull market ever, President Donald Trump has said the former would crash the latter. We'll kick off today's show by examining whether presidential scandals can really affect markets. Then, a conversation with Jo-Ann Stores CEO Jill Soltau, who's rallying customers to speak out against tariffs. Plus, what it's like to be black in the fashion industry and why "The Big Bang Theory" will likely be a big moneymaker for years after it goes off air.

(Markets Edition) Michael Cohen, the president's former lawyer, has admitted to arranging for the parent company of the National Enquirer to pay $150,000 to former Playboy model Karen McDougal. This was to essentially buy her silence over her account that she had had an affair with President Donald Trump which Trump denies. The idea was American Media Inc. would buy the rights to the story and then just sit on it. But prosecutors say this coordinated effort wasn't just about stopping stories from getting out. Paying hush money and sitting on stories isn't necessarily illegal. Columbia Law School professor Richard Briffault says the legal problem is that because these coordinated efforts helped the Trump campaign, they become a contribution to the campaign. We talk to him on the show. Also, jobless claims are out today, 210,00 people filed for unemployment benefits. That number is low, but one analyst says maybe too low. Then, a story from California where a bill is under consideration that would legalize the sale of meals made in homes.   Today's show is sponsored by Indeed (Indeed.com/marketplace) and by Abby Connect (abbyconnect.com).   (08/23/2018)  

(U.S. Edition) The latest round of tariffs on imports China went into effect overnight, covering $16 billion worth of imports. China immediately retaliated with their own tariffs, but businesses in the U.S. are focused on the next round of tariffs covering $200 billion worth of imports. The Office of the U.S. Trade Representative is in the middle of six days of hearings on tariffs. We hear from some business owners who testified in those hearings. In China, state media commentaries suggest people in China will be able to weather the trade tariffs for the sake of national pride. We look at a Chinese family’s use of American products. Also, don't have a will? You aren't alone. When the Queen of Soul, Aretha Franklin died last week at the age of 76, she left an extensive catalog of music for the world to enjoy for years to come. What she didn't leave was a will, which means her family — with the help of lawyers — will now go through the courts to figure out how her assets will be distributed.  Today's show is sponsored by Indeed (Indeed.com/marketplace) and by Abby Connect (abbyconnect.com).    (08/23/2018)

The hailing options for Uber aren't just sedan, SUV and pool. The company has a trucking business as well called Uber Freight. Instead of pairing riders with cars, Uber has built a separate platform to pair shipments with trucks that can deliver them. Deborah Lockridge, editor-in-chief of Heavy Duty Trucking and Truckinginfo.com, says Uber sees opportunity in what is called the "spot freight" market, linking shippers and truckers, typically for one-off shipments. (08/23/18)

(Global Edition) From the BBC World Service… Business leaders have been banging the drums about the rising risks of a no-deal Brexit when the UK leaves the European Union next spring. But the British government today is publishing a series of papers about what to do in exactly that kind of situation. We’ll hear from the Brexit secretary himself, and a Welsh farmer who does business with EU nations. Then, tariffs on $16 billion worth of Chinese imports to the U.S. go into effect today as a new round of talks between the two countries kicks off in Washington. We’ll take you to Beijing where one company illustrates China’s global ambitions – and America’s worries. (08/23/2018)

A year ago this week, a storm named Harvey left Houston underwater for days. A year on, many neighborhoods are just beginning to rebuild, and residents face a tough decision: take any insurance or FEMA money and rebuild, or cut their losses and leave. We're on the ground there. But first, let's do the numbers on today's Federal Reserve meeting minutes, which mentioned trade 21 times, up from seven last month, and expressed unease about inflation. We'll go inside the talks happening right now with China, the European Union and Japan. Plus, we'll do the numbers on the longest bull market in history.