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Award-winning Marketplace is public radio's daily magazine on business and economics news "for the rest of us." The 30-minute program—with an irreverent reporting style all its own—airs weekday evenings on more than 320 public radio stations nationwide and boasts the largest audience for any business program in the United States on radio, cable or network television. In conjunction with Marketplace Morning Report and Marketplace Money, this trio of financial programming covers listeners from wallet to Wall Street.

Marketplace for Wednesday, October 7, 2015

13 hours ago

Global trade, early childhood education and a talk with Ben Carson.

Just how much will that VW recall cost?

13 hours ago
Noel King

Volkswagen is expected to start recalling vehicles affected by the diesel emissions test scandal early next year.

Some 11 million cars worldwide are involved, and it's unclear whether a fix will require software changes or new hardware.

When a car company launches a recall, they have to pay for everything including trained technicians to fix the problem, customer outreach to let people know what's happening, shipping and storing new parts, lawyers, public relations and crisis management experts.

Dr. Ben Carson on the economy, taxes and debt

14 hours ago
Kai Ryssdal and Bridget Bodnar

In one of his only in-depth interviews about the economy, retired neurosurgeon, author and Republican presidential candidate Ben Carson laid out what he sees as the biggest economic issues facing the country, and his ambitious plans to address them.

Full interview: Dr. Ben Carson on the economy

15 hours ago
Kai Ryssdal

On Monday, Marketplace host Kai Ryssdal talked with Republican presidential candidate Ben Carson about his campaign, the economy, and how he would change the government if he were elected.

Kai Ryssdal: Dr. Carson, good to have you with us.

Dr. Ben Carson: Good to be here.

Ryssdal: Here's the most basic question, sir, so I'll start with it first: Why do you want to be the president of the United States?

PODCAST: Swiping for employment

23 hours ago
David Brancaccio

On today's show, we'll talk about union workers in the U.S. notifying Fiat Chrysler of a possible strike; why it's a bad time for hedge funds; a new report that looks at improvement (or lack thereof) in public schools; and job hunting apps that take a page from Tinder.

Annie Baxter

Who will win the Nobel Prize in literature this year? That's a topic some people — largely Europeans — are willing to wager on. The legality of doing so in America is murky at best, but a couple foreign bookmakers are taking bets, including Ladbrokes in the United Kingdom and Unibet Group, which is incorporated in Malta.

Who said what about the TPP

Oct 6, 2015
Marketplace staff

The reactions, statements and tweets came fast and furious after trade ministers from 12 countries announced they'd finally agreed to terms on the Trans-Pacific Partnership, a trade agreement that will, if ratified, govern a third of global trade. 

 U.S. officials and politicians

Bill George

Want to know how difficult it can be to change the name of a college? Talk to Brooks Keel.

“You think changing the name is simple. It’s not simple at all,” said Keel, president of what is now Augusta University in Augusta, Georgia.

But three years ago, the school became Georgia Regents University when two state colleges merged. Students, alumni and local residents hated that name. There were protests. The similarly named Regent University sued. State officials changed course and last month rechristened Georgia Regents Augusta University.

Marketplace for Tuesday, October 6, 2015

Oct 6, 2015

Talking trade with POTUS; Microsoft's new mobile devices; and the wild wild web of fantasy sports.

What you do when the White House calls

Oct 6, 2015
Kai Ryssdal

This final note on the way out today, the backstory — if you will — of what happens when the White House calls.

You show up where they tell you to be, when they tell you to be there.

Then you wait, and then it happens all at once.

Listen to the audio player above to hear how it went down. 

It is, as it happens, the conversation I had with my boss last night.

Nova Safo

Microsoft unveiled its latest mobile devices Tuesday, hoping to lure business users by integrating all products with the new Windows 10 operating system. 

The company introduced a surprise new laptop, the first it has built, called the Surface Book. It is more powerful than Microsoft's popular Surface tablets and comes in a laptop body that can split into two, also functioning as an oversized tablet.

Microsoft said its laptop has twice the power of the MacBook Pro. In its product launch event in New York, the company said it welcomed comparisons to the Apple laptop.

Kai Ryssdal

President Barack Obama said Tuesday he personally worked the phones to build support in the closing negotiations of the Trans-Pacific Partnership trade deal.

“At the very end you always have a few things that you’ve just got to get over the hump,” Obama said. “So yes, I made calls to prime ministers, I made calls to presidents, I made calls to U.S. businesses, I made calls to a lot of stakeholders, environmental groups, to explain to them why it is so important for us to make sure that we’ve got a high-standard set of rules governing trade and commerce in this region.”

Kai Ryssdal

Kai Ryssdal: Mr. President, good to talk to you again, sir.

President Barack Obama: Great to talk to you, Kai.

Ryssdal: On the theory that the TPP is a legacy thing for you, right, along with the Affordable Care Act and the stimulus program from what seems like a really long time ago now, how involved were you with this thing at the very end? Were you making phone calls? Were you working other leaders?

Game over? Fantasy sports face regulation questions

Oct 6, 2015
Nancy Marshall-Genzer

A scandal is rocking the world of fantasy sports websites like DraftKings and FanDuel, where you compete with a fantasy team using real players' statistics. You get points and win money if they do well in real life. 

There are accusations that an employee of one of the sites used insider information to win big. 

PODCAST: Minimum wage woes

Oct 6, 2015
Noel King

On today's show, we'll talk about a European court calls for big changes to the way U.S. and European companies share data; a check-in on PepsiCo's decision 18 years ago to separate into two companies; and why St. Louis is facing pushback against its raising of the minimum wage. 

Why China won't be joining the TPP...for now

Oct 6, 2015
Rob Schmitz

One glaring absence from the Trans-Pacific Partnership deal? China. The world’s second-largest economy has quietly watched the final negotiations from the sidelines, deciding not to be involved for a variety of reasons, including one that President Obama more than hinted at when announcing the deal: “When more than 95 percent of our potential customers live outside our borders, we can't let countries like China write the rules of the global economy.”

Raising the minimum wage puts a city at odds with lawmakers

Oct 6, 2015
James M. Rosenbaum

Bettie Douglas could barely contain her excitement when St. Louis raised its minimum wage. Dressed in her black McDonald’s uniform, Douglas crammed into St. Louis Mayor Francis Slay’s office earlier this year after the St. Louis Board of Aldermen approved legislation raising the city’s minimum wage to $11 an hour by 2018.

After Slay signed the bill into law, Douglas predicted it would mean a little more money in her pocket — and a lot more piece of mind.

In the long run, fast food beat out Pepsi

Oct 6, 2015
Amy Scott

Joining the parade of third-quarter earnings announcements Tuesday are two companies that used to be one. Eighteen years ago, PepsiCo Inc. spun off its restaurant business, which included the chains Pizza Hut, Taco Bell and KFC. 

Pepsi’s stock has more than doubled since the split, according to Bloomberg Business. Shares of the company that became Yum! Brands have grown more than 10-fold.

Airing on Tuesday, October 6, 2015: On today's show, we'll talk about why China is absent from the Trans-Pacific Partnership; hockey's economic drama; and a look at whether other fast food restaurants will follow McDonald's lead by serving breakfast all day.

Annie Baxter

As McDonald’s launches a limited all-day breakfast menu, it remains to be seen whether other fast-food restaurants will follow suit.

“Many of McDonald's customers and other fast food customers have been asking for the ability to get breakfast all day long, or at least beyond 10:30,” said Bonnie Riggs, restaurant industry analyst with the NPD Group.

Riggs said sales of breakfast food were strong even during the recession, and restaurants that offer it stand to see growth.

Canadian hockey teams slammed by strong U.S. dollar

Oct 6, 2015
Mark Garrison

As the NHL season starts Wednesday, economic drama off the ice presents a challenge for the whole league, particularly Canadian teams. Low oil prices are helping drive Canada’s dollar down around 30 percent from its five-year highs against the U.S. dollar. That means big trouble for hockey, with its large Canadian presence.

Player contracts and the league’s salary cap are in American dollars. But hockey clubs located in Canada make money from ticket, food and beverage sales to fans paying Canadian dollars — leaving them financially squeezed.

Marketplace Tech for Tuesday, October 6, 2015

Oct 6, 2015

Airing on Tuesday, October 6, 2015: On today's show, we'll talk about Microsoft's newest phones; news that Jack Dorsey will serve as Twitter CEO; and a possible bus strike in San Francisco.

Tony Wagner

On Monday, Twitter picked a CEO after a lot of hand-wringing and American Apparel filed for bankruptcy protection after several close calls and an ousted founder.

That got us thinking about Jack Dorsey (the aforementioned Twitter CEO) and Dov Charney (the aforementioned fired head of American Apparel).

Putting a price on healthcare

Oct 5, 2015
Kai Ryssdal

A recent New York Times article chronicled one Utah hospital's attempts to measure the costs of the treatment it provides to the community. Dr. Vivian Lee is the CEO of University of Utah Healthcare, and Marketplace host Kai Ryssdal talked to her about the initiative. 

On figuring out costs: 

The tough road from Bhutan refugee camp to the US

Oct 5, 2015
Lane Wallace

When Tara Dhungana was about to start sixth grade in Bhutan, his family took what he thought was a trip. 

“When we left the country, my parents were saying we would come back a few weeks after,” he said.

They packed a few bags and left their animals in the yard, vegetables still growing in the garden. They arrived in a refugee camp in eastern Nepal, and Dhungana spent the remainder of his childhood there.

“You don’t know what tomorrow has for you,” Dhungana said. “It’s always dark, right? Tomorrow is always dark.”

Kim Adams

In the Japanese anime “Planetes,” the year is 2075 and teams of low-paid astronauts work to clean up space debris orbiting around the earth. Although the story is fictional, the issue is real. Orbital debris has been a problem for a while, but as it gets worse, scientists are posing some interesting solutions. Some of them sound like they come straight out of science fiction.

Marketplace for Monday, October 5, 2015

Oct 5, 2015

Global trade; Jack Dorsey's permanent gig; and will your surgery cost more than a Disneyland annual pass? We'll tell you.

Jack Dorsey named permanent Twitter CEO

Oct 5, 2015
Kai Ryssdal, Molly Wood and Mukta Mohan

Twitter co-founder Jack Dorsey was named permanent CEO after a three-month interim period. He will continue to serve as CEO of Square, the payment services company he also co-founded. Marketplace’s senior tech reporter Molly Wood explains the move.

On the value of Twitter:

In the end, the real hurdle to a TPP deal was drugs

Oct 5, 2015
Tracey Samuelson

The news came bright and early Monday: Negotiators working on the Trans-Pacific Partnership finally wrapped up more than five years of talks this morning around 5 a.m.

They battled down to the wire over sugar, dairy, cars — the traditional goods you expect to find in a trade agreement. But this deal, which will regulate some 40 percent of global trade, also covers services, e-commerce, data flows and a relatively new class of medicines called biologics. In fact, the heated debate over biologics almost derailed the agreement over the weekend.

Disney tries to solve its popularity problem

Oct 5, 2015
Adrienne Hill

Disneyland has raised the price of its top-of-the-line annual pass to $1,000. For that, you can wait in lines for hours any day you want — no blackouts. A single day's admission will stay the same. But for the first time, Disney is considering off-peak pricing at its parks — basically charging more on busy days and less when the park is quiet.

John Zhang, a marketing professor at the Wharton School, took his family to Orlando over Christmas a few years ago and ran right into the type of teachable moment you don't want to have on vacation.