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
There’s news this morning that UnitedHealth paid $22 million to recover systems from a ransomeware gang. The attack impacted a number of doctor’s clinics, especially in rural areas, and some pharmacies struggled to fill prescriptions as a result. Also on the program, we hear more about the state of Japan’s economy, a new satellite that detects methane gas leaks and club closures across the U.K. amid fizzling weeknight business.
Nursing leaders in hospitals around the countries are on the frontlines of a decadeslong nursing shortage. But they’re dealing with retention issues of their own. A new survey found that nearly a third of hospital nurse leaders plan to leave their jobs within a year. We’ll also take a look at the hottest new tech stock and the president’s crackdown on junk fees. Plus, get ready for the political campaign ad deluge.
From the BBC World Service: China’s National People’s Congress is underway, and the government has been laying out its aims for the next year — which includes a 5% growth target. We delve into the latest. Then, Australia plans to boost trade and investment in East Asia. Plus, midweek nights out used to be the norm for British college students. Have sticky floors and expensive drinks lost their appeal?
Audio deepfakes have become shockingly convincing in the last few years. A deepfake robocall impersonating President Joe Biden encouraging voters to stay home for the New Hampshire primary was one recent example of how far the technology has advanced. That’s why “Marketplace Tech” is launching a limited series called “Decoding Democracy.” Marketplace’s Lily Jamali will be joined by other Marketplace reporters, experts and researchers to discuss what election m...
Today we’re digging into a series of economic reports that give us more insight into what’s happening in this economy. First, we look at rising prices, the cost of money and why inflation might actually be higher than we think. Then, what a new report says about the most physically demanding jobs in America. Plus, how a school in Burkina Faso stays cool in triple-digit temps. And, a “Make Me Smart” listener shares anime-style fan art! Here’s everything we talked abo...
From “Oppenheimer” to “Poor Things,” 2023 boasted a bevy of Oscar-buzzworthy films. The ceremony isn’t till Sunday, but today we asked New York Times critic at large Wesley Morris for his best actor, actress and picture picks. He also talked about the life of a critic and how he goes about preparing to review a movie. Plus, testing is becoming more common in hiring.
Stocks fall; fine involves Apple’s App Store and music streaming services; Fitch downgrades New York Community Bank; JetBlue and Spirit call off proposed merger.
In its recent quarterly results, Paramount said it would continue several cost-cutting experiments it began in response to last year’s months-long strikes. That’s something it seems every media company is trying to do these days. What will it likely look like? More reality TV, foreign programming and live sports. Also on the show: unpacking what’s included in the the latest government spending bills and explaining the European Union’s $2 billion Apple fine.
EU says Apple behaved in anti-competitive ways; JetBlue, Spirit call off their merger plan; some OPEC+ nations further extend oil production cuts; WTO maintains moratorium on streaming content taxes.
Regional lender New York Community Bancorp has already had a rocky year so far and recently replaced its CEO following revelations of “material weaknesses.” NYCB acquired nearly $40 billion in assets last year from the failing Signature Bank, and that rapid growth can make it hard for internal controls to keep up. Also, a federal judge in Alabama struck down an anti-money-laundering law. And interest rates aren’t included in inflation calculations. What gives?
From the BBC World Service: Wigtown, a remote town in Scotland, has turned its fortunes around by building a thriving literary sector. Can other towns see success by taking a leaf out of Wigtown’s book? Plus, the National People’s Congress gets underway tomorrow in Beijing, and getting China’s economy back on track is at the top of the agenda.
“Misinformation” and “disinformation” are often lumped together. They’re not the same, but they are very much connected. Say you hear that Christmas falls on Dec. 23 this year. If someone told you that thinking it was true, it’s considered misinformation. But when it’s spread with the intent to deceive, that’s disinformation, which can easily be amplified unwittingly by the folks in the first group. Audio and video generated by artificial intellige...
Elon Musk is suing OpenAI and its CEO, Sam Altman, saying the artificial intelligence company abandoned its founding mission to prioritize the benefit of humanity over profit. Is this just a bunch of industry drama, or could it be a real turning point in the development of generative AI? And, how the cultural conversation around shoplifting has played out at one CVS store. Plus, we’ll play a round of Half Full/Half Empty, and Kimberly shares a hair-raising leech story. Here’s everyth...
The monthly mortgage payment on a typical U.S. home has nearly doubled since 2020, a Zillow report found. With mortgage rates hovering around 7%, that isn’t likely to improve much in the near future. Plus: Bitcoin investors finally see a thaw, new guidelines encourage the federal government to hire military spouses and a Chinese coffee chain’s apparent recovery from an earnings report scandal.
Stocks rise; new orders decline in February; construction spending dips in January; consumer sentiment falls.
They say all politics is local. So where’s the local news coverage this election year? Welcome to a Marketplace Morning Report special we’re calling “Democracy in the Desert. We’ve been traveling to what are called “news deserts” in Super Tuesday states to hear about the business models that are failing or informing voters as they make their choices. We visit a border town in Texas, North Carolina and a Virginia county that’s just about an hour south of Washington, D.C., for more.
IRS says crackdown will apply to incomes of $400,000 and above; New York Community Bank in turmoil as losses mount and CEO resigns; Oprah Winfrey quits WeightWatchers; Brazil proposes global tax on super rich .
The National Urban League is out with its latest assessment on the State of Black America, which measures racial inequality in areas including employment, health care, housing and criminal justice. While some gaps have closed, others still have a long way to go to reach parity. We’ll discuss. Plus, Wall Street is betting on a boom fueled by AI and falling interest rates, and theaters hope the “Dune” sequel will get moviegoers back in seats.
Keith Stickley is the owner of Shenandoah Publications, which prints campus newspapers for colleges around Virginia. He also founded The Free Press, a newspaper that served his hometown and aggressively covered local issues and politicians. But he had to pull the plug on that paper when he just couldn’t make the economics work any longer. We hear his story as part of our Democracy in the Desert series . But first, Congress has barely averted a government shutdown — yet again....
From the BBC World Service: Pay negotiations between German’s national rail operator Deutsche Bahn and its drivers’ union have broken down, threatening six days of rail strikes. Then, the G20 is seriously considering a global minimum tax for billionaires. And yesterday was leap day, meaning that people in France had the chance to buy a newspaper that only comes out every four years.
