Marketplace

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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.

ExxonMobil's profits fall further

22 hours ago

ExxonMobil said its second quarter earnings were 60 percent lower than a year before, hitting a level not seen since Exxon and Mobil joined together in 1999.

Continued low oil prices made the company’s revenue from upstream well operations take a big hit. Downstream refining into gasoline and other products had benefitted from cheap oil prices for a long time, but a growing glut of those products shrank margins for the company’s overseas market.

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Raghu Manavalan

No matter who you are, you've probably had a rough day at the office that changed your perspective, or maybe you made an impulse purchase you really, really wish you could take back. This week, we sat down with White House Photographer Pete Souza and had him fill out our questionnaire inspired by experiences with money and work. 

Fill in the blank: Money can't buy you happiness, but it can buy you ________

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Eliza Mills

You're not the only one who will be watching the Olympic games in Rio, Brazil when they kick off next Friday. Up in the sky, four balloons carrying high tech camera will be monitoring the games from above, part of a new security program from Logos Technologies.

The balloon cameras, called Simera, take three photos per second of an entire city area. Think of it like a live-streaming Google Maps satellite with the ability to track suspicious movements – people, cars, you name it – through Rio.

Marketplace Weekend for Friday, July 29, 2016

Jul 29, 2016
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Marketplace

On this episode of Marketplace Weekend, FiveThirtyEight politics editor Micah Cohen and Marketplace's DC reporter Kimberly Adams go long and short on the DNC hack, Bernie Bros, Hillary Clinton's poll numbers and the Republican party.

Plus, we hear reporting on Brexit from Lizzie and Emma Jacobs in Berlin and Paris. Then, listeners weigh in on their experiences with work-life balance.

Welcome to the war of inflatable pool toys

Jul 29, 2016
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Kai Ryssdal

This summer is already the hottest on record and, for some folks, that means lots of time spent in a pool. And what is quality pool time without some inflatable pool floaties? Unfortunately for one pool toy company, a season that should be a boom is turning out to be a real bust. BigMouth Inc., a manufacturer of floating doughnuts, pineapples and flamingos is claiming that the companies Floating Panda and SoloFleet have been selling similar pool toys.

Conventions are go-time for lobbyists and advocates

Jul 28, 2016
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D Gorenstein

It's easy to think political conventions are all about the speeches and the pageantry and the sign-waving, but they're also a business opportunity.

A great chance for lobbyists to come and schmooze with decision makers trapped in one convenient location.

Suzanne Ffolkes is Vice President of Communications at Research!America, a nonpartisan group that advocates for medical and scientific research.

The organization lobbies and educates Congress on behalf of academia, patient advocacy groups, research institutions and major companies.

Boeing may retire the 747

Jul 28, 2016

Boeing just released earnings results, and it announced its first quarterly loss in almost seven years. Write-downs related to new planes were responsible for much of that, but then the company slipped another piece of news into a regulatory filing.

Boeing said it may stop making the iconic 747 aircraft. Yes, the original jumbo jet may finally be phased out after 45 years of service. Airlines just aren’t buying it – or any other large plane – like they used to.

A 1969 PanAm ad captured the marvel people felt at the first huge passenger jet.

Marketplace for Thursday, July 28, 2016

Jul 28, 2016
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Mark Garrison

Marketplace's Dan Gorenstein follows the story of one public health advocate at the Democratic National Convention who came to lobby for the importance of combating infectious diseases; Hollywood usually casts men in the role of rich and powerful bankers on Wall Street, but the indie film "Equity" which opens Friday, stars a woman in a very different kind of Wall Street story; and why Boeing is considering halting production on the 747. 

Hollywood updates its image of women on Wall Street

Jul 28, 2016
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Mark Garrison

There has never been a Wall Street movie quite like the indie thriller “Equity,” which opens July 29 in select cities. Just like “Wall Street” and “American Psycho,” “Equity’s” central character is a successful, powerful and very well-paid banker. But in a groundbreaking departure, this time the banker at the center of the story is a woman. It might mark the beginning of a shift in how women on Wall Street are portrayed in pop culture.

How new CFPB proposals may affect the way debt collectors contact you

Jul 28, 2016
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Tony Wagner and Sarah Menendez

The Consumer Finance Protection Bureau released new proposed rules today for debt collectors. The government agency estimates a third of consumers, some 70 million Americans, have had a debt in collections.

Critics of debt buying — including John Oliver, who pushed the issue further into the mainstream earlier this year — say the multi-billion-dollar collections industry can be abusive, buying debt on the cheap and harassing people without verifying they actually owe money.

On today's show, we'll talk about a recent survey that finds U.S. companies are increasingly hoarding cash; a new set of debt collection rules aimed at preventing companies from pursuing "excessive or disruptive" methods of contacting consumers; and why some cities are looking to recruit senior citizens for lifeguard positions. 

An evening of seersucker and 'malarkey'

Jul 28, 2016
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Kim Adams, Nancy Marshall-Genzer, Andrea Seabrook, Gina Delvac and Bridget Bodnar

Day three of the DNC served as a rebuttal to the pessimistic tone present at the RNC last week. President Barack Obama said that Americans embrace the future, rather than fear it, while Vice President Joe Biden described Donald Trump's ability to empathize with the middle class "a bunch of malarkey." Secretary Hillary Clinton also made a surprise appearance, sharing the stage with Obama. Plus, we asked convention attendees some questions from our listeners.

Fed holds rates steady amid political uncertainty

Jul 27, 2016
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Mitchell Hartman

The Federal Open Market Committee (FOMC) announced at the end of its two-day July meeting that it is leaving interest rates unchanged. The Fed last raised short-term rates by 0.25 percent in December 2015, after dropping rates to historically low levels at the beginning of the Great Recession.

Twitter shares take a tumble

Jul 27, 2016

Twitter took a dive on Wall Street Today. The company's shares were down 14 percent plus after what can only be called an abysmal earnings report after the close yesterday. The social media company cited slow revenue growth, lousy predictions for future revenue growth, and stagnant user numbers in its earnings report. However, social media giant Facebook reported a wave of fresh revenue today in its earnings report.

Finding his voice, one Disney character at a time

Jul 27, 2016
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Kai Ryssdal

Life, Animated” is a documentary film about the remarkable story of a boy with autism whose parents discovered that they could communicate with him through Disney movies. Kai talked to Owen and his father Ron Suskind, a reporter and author of many books including the one this documentary is based on “Life Animated.”  The film centers around Owen’s struggles growing up autistic and his parents unrelenting quest to be able to communicate with their son. Their breakthrough comes one day when Owen te

Marketplace for Wednesday, July 27, 2016

Jul 27, 2016
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Sally Herships

Kai talks with Ron Suskind and his son Owen Suskind about the new documentary film "Life, Animated" that follows their son's story of overcoming autism; Banks in Silicon Valley are trying to attract more customers by offering 24 hour approvals and zero-money-down mortgages.; and a group of students from Yale University is setting up Connecticut's first bail fund to pay the bail of low income people who would otherwise be stuck in jail for minor offenses

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