Marketplace

Weekdays at 6:30PM on WVTF/RADIO IQ

Marketplace with host Kai Ryssdal produced and distributed by American Public Media focuses on the latest business news both nationally and internationally, the global economy, and wider events linked to the financial markets.

The only national daily business news program originating from the West Coast, Marketplace is noted for its timely, relevant and accessible coverage of business, economics and personal finance. 

The "Illuminati of cheese" is filling fast food chains with cheesy dishes

10 hours ago

"Got Milk?" is arguably the dairy industry's best ad slogan ever. But how about "Got Cheese?" That do anything for you? Americans are eating record amounts of cheese — 35 pounds of it per person each year on average. But diary farmers still have plenty left over, and there's a huge surplus of the base product, milk, too. Enter Dairy Management Incorporated (DMI), a quasi-government trade group whose mission is to find a use for all that extra milk, cheese and butter. Their answer? Fast food chains like Taco Bell, Pizza Hut, McDonald's, Burger King and Domino's.

We haven’t seen much in wage gains out of recent jobs reports from the Labor Department. The most recent one, for June, showed average hourly wages, as reported by employers, up just 2.5 percent over the past year, not much better than inflation. But another measure of income from the Labor Department, based on a survey of American households, is telling a more upbeat story. That report, called “Usual Weekly Earnings of Wage and Salary Workers,” showed median earnings up 4.2 percent, compared to the second quarter one year ago.

In a bid to avoid the legislative fiasco that was the attempt at Obamacare repeal, the GOP has tried to take a more deliberate approach to its next big priority — tax reform. The White House said it has held "hundreds of listening sessions" on the topic, and Politico reports that Treasury Secretary Steven Mnuchin and Director of the National Economic Council Gary Cohn have been meeting behind closed doors with CEOs, businesses and tax experts. But tax reform remains a heavy lift for Republicans. Here’s why. 

Carrie Barber

Smart speakers, those voice-controlled devices reminiscent of “Star Trek’s” multitasking computer, are finding a place on kitchen counters and in living rooms. They can play music, answer questions, control lights and, in the case of Amazon’s Echo, place shopping orders. Turns out they are lending a virtual hand to parents, too. 

The Trump hotel: gold, glitz and lawsuits

11 hours ago
Nancy Marshall-Genzer

When it comes to President Trump's business dealings, there are still a lot of unanswered questions, including whether the president is breaking the law — and violating something known as the emoluments clause — by receiving payments from foreign governments. Not directly, but by way of their business at the Trump International Hotel in Washington, D.C., which opened last year on the historic site of the Old Post Office and is still operated by Trump's company. And that's not the only headache the flashy new hotel is causing.

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