Economics & Economy

Chart of the day: Personal debt keeps growing

Dec 1, 2016
Raghu Manavalan

One out of three Americans has at least one debt in collections. That includes credit card debt, car loans, medical bills, unpaid parking tickets or even unpaid gym memberships.

Donna Tam

On average, less than half of high school students actually complete their financial aid forms, which means they could be losing out on money for college, according to the National College Access Network.

Marketplace

President-elect Donald Trump gave more details today about a deal with the air conditioner company Carrier to retain about half the jobs it had planned to outsource to Mexico. About 1,000 jobs will stay, but it appears that Carrier's parent company, United Technologies, may still move as many or more jobs.

More manufacturing jobs disappearing than staying? That's a familiar script. The corporate strategy at many companies — manufacturers or otherwise — is to cut jobs, not create them.

Click the audio player above to hear the full story.

Reddit announces plan to curb "toxic users"

Dec 1, 2016
Kai Ryssdal

A story about the internet, abuse on the internet and one company doing something about it. Reddit is a site where users post links about what they're reading or watching or thinking online and, importantly, comments responding to those links. 

So what actually happened with Reddit and its CEO?

Marketplace for Thursday, December 1, 2016

Dec 1, 2016
Marketplace

On today's show: Despite the deal struck by Carrier and President-elect Trump, more Carrier jobs are leaving Indiana than are staying. We look at the larger corporate strategy of jobs leaving the country and automation.  Also: Another installment in our series How the Deck is Stacked, in partnership with Frontline and PBS. Finally: Reddit CEO Steve Huffman apologized yesterday for secretly editing comments in a community thread for supporters of President-elect Trump and vowed to take a tougher stance on some of the site's "toxic users."

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