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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.

The TPP is still in the works, but not for long

12 hours ago
Kai Ryssdal and Tracey Samuelson

The Trans-Pacific Partnership is a big piece of the White House's Asia agenda, with trade agreements in the works between 12 countries, including the U.S., Japan, Canada and Mexico. Negotiations have stretched over years, but it may now be down to the final hours. Marketplace’s Tracey Samuelson is in Atlanta where negotiations are taking place. 

 Click the above audio player to hear the full interview.

Marketplace asks: Are you better off now than 4 years ago?

12 hours ago
Marketplace Weekend Staff and Lizzie O'Leary

I'm gonna crib from Ronald Reagan and ask, are you better off now than you were four years ago?

Why? Or Why not? And no, this isn't just about the election. It's about how you feel about the economy, your prospects, your kids prospects.

Similar credit scores = true love

13 hours ago
Kai Ryssdal

Nothing says romance like the Federal Reserve and credit scores.

Bloomberg had an article Friday about a new study out from the New York Fed.

The topic is, to quote economists, "household formation and dissolution."

Turns out people with higher credit scores are more likely to be in a committed relationship and stay together.

Also, we tend to form relationships with people who have credit scores similar to ours.

Kai Ryssdal

Joining us to talk about the week's business and economic news are Cardiff Garcia from FT Alphaville and Marketplace's Sabri Ben-Achour. The big topics this week: the latest lackluster jobs report, the U.S. debt ceiling, economic uncertainty in China and — yet again — what on earth is Janet Yellen thinking? 

Marketplace for Friday, October 2, 2015

13 hours ago

 Another day, another hack; India's promise to cut carbon emissions; and Bastrop County, Texas, four years after the firestorm.

Pennsylvania's budget battle is hurting school funding

14 hours ago
Lizzie O'Leary and Raghu Manavalan

Pennsylvania lawmakers are at a stalemate over the state budget. 

"We've got your classic divided government scenario," said Pennsylvania Capitol reporter Mary Wilson. "A first-term Democratic governor who campaigned on big initiatives of more spending for schools, for various programs. And we've got a legislature that's a huge Republican majority, and lawmakers who are very much against what they call broad-based tax increases, which are the wasy the governor right now wants to increase spending."

Andy Uhler

Two September fires in California killed six people and destroyed more than 1,300 homes. Thirty-thousand people had to flee. The Valley Fire, north of San Francisco, was the third-most destructive in the state’s history.

Four years ago, Bastrop County, Texas, suffered the most devastating fire in state history. Fifty square miles and nearly 2,000 houses burned, just half an hour outside of Austin. Afterward, residents faced a choice: rebuild or hit the road. 

Melissa Bishop left the city and moved out to Bastrop about 20 years ago.

Bad tech habits were made to be broken

14 hours ago
Lizzie O'Leary, Bruce Johnson and Hayley Hershman

We all have annoying tech habits, but luckily Ben Johnson thinks we can break them.

At the top of the list:

Amazon takes on Google and Apple

14 hours ago
Mark Garrison

Amazon is cutting off sales of streaming products Apple TV and Google Chromecast. Amazon’s website will, of course, continue selling its own streaming device, Fire TV. Not coincidentally, it works rather nicely with Amazon’s streaming service Prime Video. Amazon is giving up a cut of hardware sales in an attempt to rule streaming media.

“The question is: Is the revenue from content distribution more than the device [revenue]? And the answer definitely is yes,” said University of North Carolina business professor Arvind Malhotra.

The high price of being a Chicago Cubs fan

14 hours ago
Dan Szematowicz

I was born in Chicago. We moved away when I was relatively young, but I've always missed my home town, finding any excuse to keep my Chicago roots strong. I frequently accomplish that through eating shameful quantities of meat, but most of the time it's through — God, help me — the Chicago Cubs.

Big companies find new ways to evaluate employees

15 hours ago
Lizzie O'Leary and Hayley Hershman

Big companies like General Electric, Microsoft and Accenture are moving away from annual performance reviews in favor of more frequent and in-depth check-ins with their employees, writes Jeanne Sahadi of CNN Money. This change has come about, in part, because of the millennial workforce. Younger workers, who now make up a majority of the workforce, want more communication and feedback from their bosses and a better understanding of what's expected of them.

Nova Safo

The credit data agency Experian could be facing criminal investigations, fines and class action lawsuits, after a hack that compromised the records of 15 million people, all of them customers of the wireless carrier T-Mobile.

And while this may appear just like any other hacking story — there's a breach, a promise of free credit monitoring, investigations — this time Social Security numbers were among the data compromised. When it's not just a credit card number, stolen data can create all kinds of headaches.

A certified financial planner weighs in on bad habits

18 hours ago
Lizzie O'Leary and Hayley Hershman

We all have bad habits when it comes to our finances. Personal finance expert Lauren Lyons Cole says that while these habits may seem harmless, they can really impact your financial health in the long run.

On impulse purchases:

PODCAST: Wake me up when September jobs end

23 hours ago
David Brancaccio

On today's show, we'll talk about the disappointing jobs numbers for September, and we'll take a closer look at jobs created in the prison system.

Everest Industrial Complex

Oct 2, 2015
Sabri Ben-Achour and Tim Fernholz

This week, Actuality meets two survivors of the deadly avalanche that struck Mt. Everest in April, before making our own ascent of the Everest Industrial Complex. Plus, a flying bag of marijuana destroys a dog house.

Airing on Friday, October 2, 2015: On today's show, we'll talk about the latest on TPP; drug companies' wait time for exclusivity rights; and why U.S. students are increasingly seeking out an MBA.

Marketplace Tech for Friday, October 2, 2015

Oct 2, 2015

Airing on Friday, October 2, 2015: On today's show, we'll talk about the data train of ads when viewing news sites on mobile; and Ina Fried, senior editor at Re/code, joins us to play Silicon Tally.

To get a date, you must punctuate

Oct 2, 2015
Marketplace staff

1.5 percent

That's the uptick experienced by Harvard Business School in applications to its two-year MBA program. And in spite of the expense of such programs, colleges across the board are experiencing similar increases in applications to their business schools, as found in a new report by the Graduate Management Admission Council. That's partly because of a very familiar business concept: the ROI, or return on investment.


Miles Bryan

Update: The Wyoming Pari-Mutuel Comission — the state agency that regulates gaming in Wyoming — has issued an order temporarily banning historical horse racing machines, beginning Monday. This follows the release of a Wyoming attorney general's report that found that the machines' bonus rounds were not in compliance with a 2013 law that legalized historical horse racing machines. The commission will be holding a special meeting Thursday to discuss how to bring the historical horse racing machines into compliance with state law. The original story is below. 

Marketplace for Thursday, October 1, 2015

Oct 1, 2015

Egg McMuffin logistics; campaign contributions speak; and two-tiered labor. 

Google is making a bold move in advertising deals

Oct 1, 2015
Kai Ryssdal and Molly Wood

The advertising industry is in some chaos right now. Obviously, there's a hot conversation about ad blocking, where people have completely had it and are using technology to turn off ads on web and mobile sites. There are also older concerns, like click fraud, where scripts pretend to click an ad, so the advertiser is tricked into paying for a click. This metric is called viewability, which basically accounts for who saw certain ads and what websites they ran on. 

I really, really, really, really like you

Oct 1, 2015
Tobin Low

It used to be the five-star rating system was reserved for restaurants and movies. But a new phone app wants to co-opt our desire for crowd-sourced reviews and apply it to something a little more personal: people. The forthcoming app Peeple allows users to rate others on a one- to five-star rating scale. And no one will be safe.

Getting by in America on $2 a day

Oct 1, 2015
Kai Ryssdal and Daisy Palacios

It seems inconceivable that anyone in America could survive on $2 a day or less.

Kathy Edin, a sociologist from Johns Hopkins University, and Luke Shaefer, of the University of Michigan, have discovered not only does it happen, but that the number of the country’s extreme poor is going up. They reported their findings in a new book, “$2.00 a Day: Living on Almost Nothing in America.”

Why you'll wait for your afternoon McMuffin

Oct 1, 2015
Annie Baxter

McDonald's is hoping that a longer breakfast will help wake up its U.S. sales.

Starting Oct. 6, the Golden Arches will make some — not all — breakfast items available beyond the usual 10:30 a.m. cutoff.

“When you want your Egg McMuffin, you want your Egg McMuffin, you know what I'm saying?” said Lisa Jorgenson, a McDonald’s drive-thru customer.

PODCAST: Herding for minimum wage

Oct 1, 2015
David Brancaccio

On today's show, what to expect from Friday's jobs report; Mexico's successful oil drilling auction; and we'll talk about sheepherders, who often don't earn the minimum wage.

Marketplace Tech for Thursday, October 1, 2015

Oct 1, 2015

Airing on Thursday, October 1, 2015: On today's show, we'll talk about the challenge of running two companies at once; why Google wants its cars to drive less perfectly; and why Michelin stars are a great honor, but not as helpful to the average diner as Yelp.

Airing on Thursday, October 1, 2015: We'll talk about the World Bank rethinking the poverty line; Google's new ad policy; and a study demonstrating that corporate diversity initiatives are not helping women break the glass ceiling.


Nova Safo

In an important moment for its future, Mexico on Wednesday awarded three out of the five areas in the Gulf of Mexico it had put up for auction to oil drillers.

The successful auction was a follow-up to an inauspicious start of Mexico's attempts to open up its oil assets to foreign companies. The first auction of 14 oil contracts in July ended with only two successful bids.

Mexico is in the process of major oil industry reforms, ending its state-controlled monopoly of oil that's led to aging infrastructure and falling production.

Should sheepherders get a pay raise?

Oct 1, 2015
Anna Boiko-Weyrauch

Hundreds of sheep crowd a mountain road in northwest Colorado, where, like most states, the sheepherders are typically not Americans. They are immigrant guest workers on H2-A visas who are not subject to the federal minimum wage

Ignacio Alvarado came here from Chile in the '90s to be a sheepherder and now reaches out to the herders for local community groups. Herders are required to be on call 24/7 to protect the flocks and keep them moving to new food and water.