Economics & Economy

01/13/2017: Business conflicts? Trump has a few

Jan 13, 2017
Marketplace

We're going long and short on private prisons and President Barack Obama's legacy as a job creator with Marketplace's Lewis Wallace and The Atlantic's Gillian White. Then, UCLA law professor Jon Michaels talks us through President-elect Donald Trump's potential conflicts of interest and Russia expert Matt Rojansky explains the economic and political relationship between the U.S. and Russia. Plus, "A Prairie Home Companion" host Chris Thile takes the Marketplace Quiz.

Globalization backlash looms over Davos forum

Jan 13, 2017
Sam Beard

The presidential inauguration may cast a pall over the World Economic Forum at Davos in the Swiss Alps next week. The vote for Donald Trump represented a stunning rejection of  some of the core beliefs propagated at Davos: a belief in the benefits of  globalization,free trade and mass immigration. Both Trump’s victory and the vote for Brexit in the United Kingdom  have been widely seen as a slap in the face for the global political and business  elite, the very people  who will gather in the Swiss ski resort. Will they feel abashed and deflated by these two electoral setbacks?  

Leigh Gallagher of Fortune and Felix Salmon of Fusion join Kai Ryssdal to discuss the week's business and economic news. This week, they debate whether the new administration will work towards heavily slowing down Congress, if President-elect Trump really is a "tweet risk" and what might be the best thing to ask Steven Mnuchin at his congressional hearing.

Kim Adams

The city of St. Louis is trying a new strategy to fight urban blight. A massive project to raze an entire neighborhood and turn it into a new campus for a government intelligence agency.

The $1.75 billion project will keep thousands of jobs in the city, but comes at the expense of a historically black community that remains skeptical of how much of the development will benefit them.

Advocates for the unbanked worry about the Trump era

Jan 13, 2017
Nancy Marshall-Genzer

Nineteen year-old Roxana Mercado Rojo needed $700. She was brought to the U.S. from Bolivia as a toddler.  She’s undocumented, and decided to apply for an Obama administration program that lets people like her get temporary protection from deportation and eligibility for a work permit.  There’s a fee.  Where to get the money?

“You know, I couldn’t kinda borrow from my parents and, you know, there wasn’t anyone of trust that I can borrow from,” she said.

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