Economics & Economy

11/16/2017: Smart cities are collecting your data

Nov 16, 2017

Smart-city technology is becoming more common, from Singapore to San Jose. The latest city to incorporate this technology into its infrastructure is Toronto. It recently partnered with Alphabet subsidiary Sidewalk Labs to redevelop a section of city waterfront. Lots of sensors will collect data on traffic, noise and temperature. Marketplace Tech host Molly Wood talked with Toronto Mayor John Tory about the city’s tech investments and how data collection will be regulated.

Last night Senate Republicans made some major changes to their mammoth tax bill, including some improvements for the middle class. But these credits and lower rates are temporary — they would sunset beginning in 2025, and tax cuts for corporations would be permanent. Plus, we talk about changes to the financial regulatory environment under the Trump administration, a potential merger between giants AT&T and Time Warner and play part two of our report on the health risks associated with fracking operations.

Songs of struggle, then and now

Nov 15, 2017

The musical bridges in this week's episode of Make Me Smart are examples of music that emerged from populist movements in the United States. "The Farmer is the Man" is a populist protest song from the late 19th century, when farmers protested low inflation and low crop prices. As professor Sheri Berman pointed out in the podcast, this led to the creation of the populist party.

The Cigna CEO on what happens when health care is politicized

Nov 15, 2017

Health insurance is a complicated business, but David Cordani, CEO of Cigna Health Insurance, says he's never seen a more complex time for the industry. Most of Cigna's business comes from employer-provided health insurance, but it also operates on a half-dozen health care exchanges in the United States, sells direct to seniors on Medicare Advantage and does a chunk of overseas business.

Head of Consumer Financial Protection Bureau will step down

Nov 15, 2017

Richard Cordray announced today that he's leaving the Consumer Financial Protection Bureau by the end of the month. President Donald Trump will get to appoint Cordray's successor, giving him yet another way to reshape U.S. financial regulation. We take a look at how the president is putting his stamp on these regulations. 

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