Summary: Marketplace® is the leading business news program in the nation. We bring you clear explorations of how economic news affects you, through stories, conversations, newsworthy numbers and more. The Marketplace All-in-One podcast provides each episode of the public radio broadcast programs Marketplace, Marketplace Morning Report®and Marketplace Tech® along with our podcasts Make Me Smart, Corner Office and The Uncertain Hour. Visit marketplace.org for more. From American Public Media. Twitter: @Marketplace
From the BBC World Service: London’s Heathrow Airport is offering travelers test results within an hour. Sudan welcomes a U.S. decision to remove it from a list of state sponsors of terrorism. What happens when a stock exchange goes down for a day?
Fashion has changed since the COVID-19 outbreak began because what we’re wearing has changed a lot. One company that knows exactly how much is Stitch Fix. It learns your style through a mix of online quizzes and algorithms, and hires stylists who choose clothes specifically for you. You get a box of personalized items — one at a time or as a subscription — and you keep what you want and send back the rest. Behind the scenes, the company’s tech predicts what you and people like you might like, so it’s always updating inventory and its in-house brands. But what happens to a clothing company, even a super techie one, in a pandemic? Molly Wood speaks with Katrina Lake, the founder and CEO of Stitch Fix.
Remember WeWork’s doomed IPO? We’re about a year from that whole bananapants story, but today The Wall Street Journal helped clear up one loose end. Apparently erstwhile WeWork CEO Adam Neumann is no longer at the company as a consultant. Today, we’ll talk about what we know and what we don’t about how the office-space company is faring in seven months into the pandemic. Plus: Halloween candy power rankings and the real-life Michael Myers — no, the other one. As always, find links to everything we talked about on our episode page at makemesmart.org!
China’s GDP rose 4.9% in the third quarter, driven in large part by a resurgence of consumer spending. Today, we’ll dig into China’s post-coronavirus economy. Plus: how the pandemic is changing pharmacies, the lithium rush and rising housing insecurity.
A federal judge in Washington, D.C., has blocked a plan by the Trump administration to end food stamps for nearly 700,000 unemployed people. Plus, the latest on coronavirus relief, including a deadline from House Speaker Nancy Pelosi. Also, a technical glitch in some European stock market trading, what’s next for struggling shopping malls, sea urchin “ranching” and the push from airlines for more COVID testing instead of quarantining.
China’s GDP grew in the last quarter, but it achieved this in a way that can’t really be replicated in the United States. And, colleges are cutting Division I sports programs and budgets during the pandemic.
From the BBC World Service: Growth in consumer spending and industrial production between July and September have helped boost the business climate in China. EU authorities investigate Instagram over its handling of children’s data. Bollywood starts to produce movies again.
This fall, we’ve been talking every Monday about education and technology during this pandemic, including how access to high-speed internet and devices is just not cutting it across the country. There’s new data on this in our latest Marketplace-Edison Research Poll. Thirty percent of parents or guardians with kids learning online and making less than $50,000 say their internet access is inadequate for online school. Marketplace’s Scott Tong reports from rural Virginia on the broadband gap.
… was all the votes we cast along the way. Today we’re geeking out about early numbers from the U.S. Elections Project. Voters have already cast more than 23 million ballots, more than 16% of the 2016 turnout. Wild. Also on the docket: the latest data on women being pushed out of the workforce, Trump’s flip-flop on wildfire aid and the best Zoom class of the week. Thanks to everyone who joined us for the live-stream on YouTube today! Be sure to subscribe so you don’t miss the next one. As always, find a list of everything we talked about on our episode page at makemesmart.org!
According to our Marketplace-Edison Research Poll, more than a quarter of Americans have recently moved or are considering moving, citing flexibility to work from anywhere and the need to be closer to family. On today’s show, we’ll look at what that moving means for the economy and whether the effects will stick. Plus: the latest consumer spending numbers, the racial wealth gap and what stockpiling does to the supply chain.
The K-shaped recovery, with one leg up for those still working and the other down for those feeling the brunt of the pandemic, continues. Retail sales are up again, but more than 20 million people are drawing unemployment after layoffs. Plus, how the presidential candidates talked about the pandemic and economy in simultaneous town halls Thursday night. And, property owners around the country are suing the CDC over its ban on evictions.
Some corporate money is shifting in recognition of the conversation to come about domestic oil and gas production if there’s a Biden presidency. Plus, among in-person, online and hybrid college classes this fall, there’s uneven distribution of enrollment declines. And, why younger workers are not as worried about finding new jobs.
From the BBC World Service: Who would actually suffer if lawmakers in Beijing vote for new limits on sensitive technology exports? A post-COVID economy is weighing on voters’ minds in New Zealand. A new partnership aims to further reduce Britain’s food waste.
Neither elections nor Supreme Court hearings nor social media controversies can stop the autumn announcement of new iPhones. And now, those new iPhones can connect to 5G networks. And you may be asking yourself at this point: What even is the deal with 5G? A survey out this month says nearly half of iPhone users in America believe their devices already connect to 5G — but they don’t. Or they might connect to AT&T’s not-really-5G called 5GE. Molly Wood speaks with Shara Tibken, a senior reporter for CNET.
It’s our 300th episode! We’re eating some cake to celebrate, and Kai’s got a little messed up. We’re also going to hear from a bunch of you about how you’ve become smart over 300 episodes of the show. Thank you all so, so much for listening! Before that, we have some news stories to talk about, including the latest maneuver from Ajit Pai at the Federal Communications Commission and the results of our new poll with Edison Research. For a list of everything we talked about today, check out our episode page at makemesmart.org! The celebration continues tomorrow on our YouTube channel, where we’ll do our live happy hour episode at 6:30 p.m. Eastern time, 3:30 p.m. Pacific. Subscribe so you don’t miss it!