Marketplace

Monday-Friday 3:00pm & 5:30pm
Kai Ryssdal

Marketplace is public radio's daily magazine on business and economics news "for the rest of us."

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Audio Archive

  • Friday, May 18, 2012 3:00am
    So what happened in the first day of trading of Facebook's stocks? We cover the details in this week's Weekly Wrap. Meanwhile, Hewlett-Packard is laying off 30,000 of its employees, and Walmart shares are on the rise. Kai Ryssdal talks to millionaire venture capitalist Nick Hanauer about his TED talk on wealth inequality. And reporter Krissy Clark looks into whether private companies are well-suited to providing public aid.
  • Thursday, May 17, 2012 3:00am
    According to the latest Gallup polls, one presidential candidate has a nine-point edge in American opinion of who would best fix the U.S. economy. Meanwhile, it looks like JPMorgan's recent bad bet could be costing the company more than just $2 billion. Pinterest has become the latest social company to get a billion-dollar valuation. The U.S. Census made it official today: minority families are having more children than whites -- and businesses are getting ready. We also hear about the booming economy in Mongolia, how a band is fighting back against Ticketmaster's steep fees and the Euro Challenge competition.
  • Wednesday, May 16, 2012 3:00am
    Hundreds of millions of dollars in the housing settlement meant to provide relief to struggling homeowners is being used to plug state budget gaps. Commentator Robert Reich says forget the Volcker rule -- let's bring back Glass-Steagall instead. The number of older Americans who are long-term unemployed has more than doubled since the recession. And in the U.S. economy recovery, it looks that the wealthy are recovering more of their money than the poor. Kai Ryssdal talks to a Greek resident about the reported 'bank runs' happening there today. And in the latest installment of Freakonomics, Stephen Dubner talks about the unintended consequences of retirement.
  • Tuesday, May 15, 2012 3:00am
    After JPMorgan's $2 billion trading loss, it's possible the bank may try to recover salary and bonuses paid to those responsible. Can France's new president Francois Hollande and the German chancellor Angela Merkel find a way forward on the growth and austerity debate in Europe? Despite it probably being the biggest IPO ever, some investors just aren't playing into the whole Facebook hype. A new study says many low- and middle-income families used equity loans during the housing bubble to send their kids to better colleges than they could otherwise afford. And Kai Ryssdal talks to author John Fox about his new book "The Ball," which looks at the games we play and why we play them.
  • Monday, May 14, 2012 3:00am
    It's been a few days since JPMorgan's $2 billion loss was announced, but New York bureau chief Heidi Moore tells us why it's a warning we shouldn't soon forget. We take a look at the housing market in three different cities across the U.S. Will President Obama's support of same-sex marriage lead to a windfall of campaign contributions from the gay community? There's more turmoil in Europe at the hands of Greece. And John Hoffman, executive producer of the HBO documentary "The Weight of the Nation," discusses America's obesity epidemic.

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6:00am

Sat March 17, 2012
Media

'This American Life' Pulls Apple Story

Transcript

JACKI LYDEN, BYLINE: This weekend, the public radio program "This American Life" will air a retraction and apologize to listeners for a segment that aired in January about factories in China which make the Apple iPad. The story described hazardous working conditions at the plant. It was told by a man named Mike Daisey, who claimed to have interviewed workers injured there. Many elements of Daisey's story have now been discredited.

"This American Life" will present what they call an autopsy of how the fabrications got on the air. Here's the host of the show, Ira Glass, introducing the original show.

(SOUNDBITE OF RADIO SHOW, "THIS AMERICAN LIFE")

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12:21pm

Fri March 16, 2012
The Two-Way

'This American Life' Retracts Mike Daisey's Apple Factory Story

Mike Daisey in a scene from "The Agony and The Ecstasy of Steve Jobs."
Stan Barouh / AP

A highly popular episode of This American Life in which monologuist Mike Daisey tells of the abuses at factories that make Apple products in China contained "significant fabrications," the show said today.

"We're horrified to have let something like this onto public radio," Ira Glass, the show's executive producer and host said in a blog post today. "Our program adheres to the same journalistic standards as the other national shows, and in this case, we did not live up to those standards."

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12:00am

Fri January 13, 2012
Whiteboard Video

Private Equity Explained

Private equity funds are groups of investors that flip companies for a profit. It’s the technique they use that makes them special, as senior producer Paddy Hirsch explains.

11:47am

Thu January 5, 2012
Whiteboard Video

What is Re-hypothecation?

The term Re-hypothecation came up a lot during the MF Global meltdown. It’s quite a common term in the securities market – but what does it mean? Marketplace Money senior producer Paddy Hirsch explains.

3:42pm

Fri December 16, 2011
Whiteboard Video

What is a junk bond?

Junk. Not a nice word. And when it comes to bonds, not a particularly accurate word, either. Junk is something useless, right? Something you want to toss in the trash? Well, “junk” bonds are definitely not useless. In fact they’re extremely useful. Sometimes. Marketplace Money Senior Producer Paddy Hirsch explains what a junk bond really is. 

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