Economics & Economy

U.S. adds 228,000 jobs in November

Dec 8, 2017

The U.S. economy added 228,000 jobs in November, the Labor Department said on Friday. The unemployment rate remained unchanged at 4.1 percent. 

Friday’s report met expectations. Economists expected job growth of 200,000 and the unemployment rate to remain unchanged.

(U.S. Edition) The U.K. and the EU have entered phase one of a Brexit deal. Among some of the agreements they've reached: EU nationals retaining the right to live in the U.K. On today's show, we'll recap the discussions Britain has had with the bloc. Afterwards, we'll talk to Arun Muralidhar, co-founder of Mcube Investment Technologies, about his new take on government bonds that would pay you $5 per bond.

12/08/2017: Breakthrough on Brexit

Dec 8, 2017

(Global Edition) From the BBC World Service … they say breaking up is hard to do, but after a breakthrough meeting in Brussels, Britain and the European Union announced they are one small step closer to finalizing their divorce. Then, a wild week for Bitcoin comes to a close. We’ll tell you what you need to know about the cryptocurrency before futures begin trading next week. Finally, we’ll take you to Finland where the nation’s state-owned gas company is going green with the help of biogas. 

Building a better battery is hard and takes lots of funding. President Donald Trump has proposed major budget cuts to research on advanced energy technology. And taking away that funding could give other countries a competitive edge to create a better battery first. Marketplace Tech host Molly Wood talks with Kristin Persson, who works on developing new battery technology in a lab that is funded by the Department of Energy, about the countries that could leap ahead in the race to develop a better battery.

Will the U.S. invent the next generation of batteries?

Dec 8, 2017

Developing long-lasting, powerful batteries is no easy task. And it takes a lot of money to experiment with energy technology. President Donald Trump's proposed 2018 budget would make major cuts to battery research. Those programs generally enjoy bipartisan support, so the cuts might not go through. But the potential lack of funding could open the door for other countries to create better batteries before the U.S. does.