Marketplace on RADIO IQ

Weekdays at 6:30 p.m. on RADIO IQ
Kai Ryssdal

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. 

Marketplace, weekdays at 6:00 pm on WVTF and 6:30 pm on our RADIO IQ and RADIO IQ With BBC News networks.

Be sure to check out the  Marketplace Morning Report weekdays at 9:51 on RADIO IQ andRADIO IQ With BBC News.

Composer ID: 
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Program Headlines

  • Wednesday, December 17, 2014 8:58am

    American students on average spend six hours per week doing homework, according to an OECD study of homework by country and economic status among 15 year olds.

  • Wednesday, December 17, 2014 6:00am

    The latest offering in the Lord of the Rings franchise, “The Hobbit: The Battle of the Five Armies” opens Wednesday.

    Hollywood hopes it will be a bright spot in an otherwise lackluster December that has seen receipts decline 40 percent from the same month last year.

    But are dipping ticket sales a sign of a flailing industry, or is it just hard to measure up to record numbers in 2013?

    Click the media player above for more.

  • Wednesday, December 17, 2014 6:00am

    As goes the Russian Ruble, so go economies around the globe? 

    Russia’s currency crisis has got investors spooked, and that may not be good for emerging markets in Turkey, Brazil or India. 

    Click the media player above to hear more.

  • Wednesday, December 17, 2014 6:00am

    Retailers are always trying to offer new shopping experiences to the American consumer.

    One novel retail experience (that skirts the edge of legality under federal law) is about to become available to millions of consumers around the country, in addition to those in Colorado and Washington State. It is the recreational-marijuana store.

    The sale of cannabis to adults 21-and-over with valid ID is now legal in Colorado, Washington, Oregon and Alaska by voter initiative. Colorado and Washington rolled out state-licensed stores in 2014 (after voting to legalize in 2012). Oregon and Alaska will develop their new commercial marijuana markets in the coming year after legalizing recreational pot in November 2014. 

    Marijuana-legalization advocates, meanwhile, predict that as many as 11 more states could pass similar initiatives by 2017: California, Nevada, Arizona, Missouri, Massachusetts, Maryland, Delaware, Maine, New Hampshire, Vermont and Hawaii. Medical marijuana is already legal in 23 states and the District of Columbia, and is available to people  as young as 18 years old, with a medical prescription. Marijuana is still classified as a controlled substance and its production, distribution, sale and possession remains illegal under federal law.

    Marketplace reporter Mitchell Hartman recently visited Live Green Cannabis, a recreational marijuana store in suburban Denver. Manager Brian Zordan showed off the security—extensive video cameras and old-fashioned safes for storing cash and inventory. He also displayed  the three main types of consumable marijuana for sale: leaves and buds, edibles, and concentrates.

    Marijuana leaf-and-bud is sold in resealable packages, at $40 to $50 for 1/8 ounce. That price is more than double what one black-market Colorado dealer offered; approximately 30 percent of the sale price at legal marijuana stores goes to state and local taxes. A few dozen varieties are available at the store; all must be produced in Colorado by law. Varieties available include Lamb’s Breath, Hippy Chick, White Fire/Cinderella 99, and Daywalker/Tang Tang. The THC content is displayed on the package. The store also sells a wide range of edibles, including hard-candies, drinks, cookies and chocolates—all made with varying potencies of marijuana.

    Anyone with a valid (21-and-over) ID from any state may purchase and possess up to one ounce of recreational marijuana in Colorado. Store employees carefully check ID before admitting a patron to the store, but they do not make or keep any record of the individual’s name or other personal information. Nor do they keep a record of the type or amount of marijuana purchased.

  • Wednesday, December 17, 2014 5:30am
    25 percent

    Apple has shut down online sales of its products in Russia, citing the fluctuating value of the ruble. As Bloomberg reports, Apple had increased the price of the iPhone 6 by 25 percent last month to try and accommodate the plummeting value of the currency. 

    $30 million

    Based on audience interest, projections for "The Interview," the comedy in which an assassination attempt is made on North Korea's Kim Jong-un, showed a possible $30 million in profits in its first four days. However, with the most recent threats from "The Guardians of Peace" to attack showings of the movie, theaters have been given the option to opt out of carrying the film. 

    11 states

    The sale of cannabis to adults 21-and-over with valid ID is now legal in Colorado, Washington, Oregon and Alaska by voter initiative. Marijuana-legalization advocates, meanwhile, predict that as many as 11 more states could pass similar initiatives by 2017: California, Nevada, Arizona, Missouri, Massachusetts, Maryland, Delaware, Maine, New Hampshire, Vermont and Hawaii. 

    $188 million

    Pennsylvania-based Walmart employees have won a class-action lawsuit against the company. The workers claims involved having breaks for meals and rest cut short. Walmart has been ordered to pay $188 million.

    6 months

    (Former) American Apparel CEO Dov Charney was officially fired yesterday, 6 months after being suspended from the position. Paula Schneider, who has leadership experience at BCBG Max Azria and Laundry by Shelli Segal, takes the helm of the company starting January 5th, as reported by the New York Times. When Marketplace spoke with Dov Charney in January of this year, host Kai Ryssdal asked about his greatest weakness. His reply: "My biggest weakness is me. I mean, lock me up already! It's obvious! Put me in a cage, I'll be fine. I'm my own worst enemy."