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.

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Program Headlines

  • Thursday, March 26, 2015 7:00am

    Markets react to airstrikes in Yemen, questions over the nature of "regulatory capture," and Kim Gordon talks about her greatest money lesson.

  • Thursday, March 26, 2015 6:01am

    Swatting — making prank calls to 911 to send a SWAT team to someone’s home while they are online playing a video game live — has been in the news lately. (Here and here, just to name a few.)

    Swatting is enabled by something else called “doxxing” or “dropping dox” - “The act of posting someone's personal and/ or identifying  information without their consent,” says Sarah Jeong, a tech reporter in Silicon Valley. That information could be anything from an address to a Social Security Number.

    Swatting or doxxing, Jeong says, is the only way to hurt someone in the virtual world of gamers, where the practice is most common. “It’s assault by proxy,” she says.

    The reason swatting has been getting so much attention, she believes, is the “high-profile” cases that happen on camera. That is, when someone is interrupted while playing a video game online and also live streaming themselves playing the video game.

    “That’s actually a form of media that young people consume and being able to manipulate that media...imagine if, with a phone call, you could change what’s happening on your television,” says Jeong.

    While getting more media attention was a major step in fixing the problem, she adds, she was also concerned that a lot of the coverage focused on men.

    “Three people were swatted in January and two of them were women,” she says. “The three that I am thinking of were swatted because they were critics of Gamergate.”

    “There is a wave of this kind of behaviour that is specifically focused around trying to drive out feminist voices from the internet,” says Jeong.

    The only way, she says, is for the media to cover swatting more without focusing on men’s experiences alone.

    “I understand that it’s hard because women don’t really want to talk about how they were doxxed and swatted,” says Jeong. “And now media thinks of swatting and doxxing as something that happens to young men by young men as opposed to it being a larger phenomenon that includes this wave of violence against women.”

     

  • Thursday, March 26, 2015 6:00am

    Microsoft is requiring companies it contracts with to give their employees—the ones who are full-time and who do work for Microsoft—at least 15 days of paid time off.

    The tech giant says it made the move because its own employees were bringing up the issue of subcontractors' time off with the company.

    "There was a concern being conveyed that these individuals, in some cases, did not get minimum time off," says Brad Smith, Microsoft's general counsel.

    The company is now mandating that over the next 12 months, all of its suppliers (or contractors, Smith says the term is interchangeable) with 50 or more employees offer at east 12 paid days off, or 10 vacation days and 5 sick days.

    Smith says the company does not yet know how many employees or employers will be affected by the new rule, because Microsoft doesn't know the size of all of its contractors or the employee time-off benefits those contractors currently offer.

    But Microsoft says it contracts with approximately 2,000 U.S. companies. They, in turn, employ cafeteria workers, receptionists, language translators, consultants, public relations professionals, lawyers, and others.

    "For companies that don't have these benefits today. We're asking them to change some policies that may very well increase some of their costs," says Smith. "We went into this quite consciously aware and prepared for the cost increases that may well come back to us."

    Mike Aitken, VP of government affairs at the Society for Human Resource management, says paid time off is a worthwhile investment.

    "We know that employers that offer these programs have lower turnover. They have higher engagement from these employees," says Aitken.

    An SHRM sponsored study found that almost all employers with 50 or more full-time employees offered some amount of paid time off. But, the report found that only a quarter to a third offered time off to part-time employees. And not all offered a minimum of 15 days paid time off.

  • Thursday, March 26, 2015 6:00am

    In college, they teach a phenomenon called "regulatory capture," where government regulators absorb the values and become buddy-buddy with the industries they regulate. It gets some of the blame for the great financial collapse more than five years ago.

    But a prominent Wall Street lawyer H. Rodgin Cohen told a banking law conference in Phoenix the other other day that he doesn't see capture—He sees the opposite, which he thinks is a problem.

    Click the media player above to hear H. Rodgin Cohen in conversation with Marketplace Morning Report host David Brancaccio.

  • Thursday, March 26, 2015 5:59am
    22 percent

    The portion of companies that presented at Y Combinator Demo Days this week with at least one female founder, FiveThirtyEight reported. The tech incubator's president has been vocal about the need to increase diversity in tech, and Y Combinator's data show the number of women is increasing, albeit very slowly.

    We also spoke with one venture capitalist about what it's like to get pitches from over 100 companies in two days.

    15 days

    That's how many days off Microsoft is requiring companies it contracts to give employees, albeit those who work full-time for Microsoft. It is unclear as of yet how many people will benefit from the mandate, as Microsoft doesn't have information on the current policies of companies it works with.

    $150

    The list price for a pen similar to the one President Barack Obama uses to sign bills into law. A.T. Cross makes them, and we talked to their CEO about what it's like to be the official pen provider to the White House.

    27.6 percent

    That's the interest rate on Marketplace Weekend host Lizzie O'Leary's credit card back in 2000. After moving to New York and buying what she thought she needed to truly belong, O'Leary describes learning some hard truths about debt, and how identity can't be found in things. You can read more stories about money lessons learned through our joint project with the New York Times entitled "My Biggest Financial Lesson."

    114,000 residents

    That's how many residents currently live in The Villages, a senior community outside of Orlando, Florida. As reported by the WSJ, census data shows that The Villages is the country's fastest growing city with a growth of 5.4 percent in the year ending July 2014. It's even more impressive when considering this is the second year the city has held this distinction.