Marketplace | Nashville Public Radio

Marketplace

Weekdays at 6pm on 90.3 WPLN-FM, Weekdays at 5pm on 1430 WPLN-AM
  • Hosted by Kai Ryssdal

Marketplace is an in-depth program that focuses on everything from 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.

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When mortgages hit the roof

38 minutes ago

It’s become more expensive to borrow money for a house or condo.

The average 30-year fixed-rate mortgage has climbed to 4.9 percent — the highest rate in seven years, according to data from Freddie Mac. However, over the past several decades, rates below 5 percent haven’t been the norm. They started dipping below that figure in the late 2000s, eventually bottoming out at 3.31 percent in November 2012. 

(Markets Edition) The volatile nature of the markets, especially this week, can take a mental toll on anyone paying attention. It hasn’t been this active since February, so we talked to market pro Barry Ritholtz, founder of Ritholtz Wealth Management, about it. Then, despite all the news of trade tensions between China and the U.S., China actually has a trade surplus with the U.S. Nancy Marshall Genzer has more.

Mortgage rates hit highest level in 7+ years

5 hours ago

It’s getting more expensive to get a mortgage. Data out this week from Freddie Mac shows the average 30-year fixed-rate mortgage is 4.9 percent. That’s the highest it’s been in seven years. What does that mean for prospective home buyers? 

 

(U.S. Edition) The Dow’s roughly 1400-point drop this week seemed to have a ripple effect across the global markets as well, but now things appear to have settled down as of Friday morning. We talk to Barry Ritholtz of Ritholtz Wealth Management on how to deal with this kind of activity day-to-day. Then we check in with columnist and ProPublica editor Allan Sloan about the role of interest rates in the ongoing tale of President Trump and his blaming of the Federal Reserve for the market issues this week.

(Global Edition) From the BBC World Service … Businesses are turning away from Saudi Arabia after reports a dissident journalist was killed by the country’s security forces. Then, we hear from Paul Romer, who won this year’s Nobel Memorial Prize in economic sciences for his research into how innovation can be used to protect the environment. Afterwards, Netflix and Amazon are battling in India to increase viewers. But competition from Indian production houses is complicating efforts.

In just the last week, Facebook and Google have both announced new smart speakers with video screens. And Amazon is heck-bent on putting Alexa in everything. On the one hand, people seem to want these doohickeys. Research firm Canalys says global smart speaker sales grew 187 percent in the second quarter of this year. On the other hand, an always-on, always-connected listening device in the home really freaks some folks out. Let's dig into this in Quality Assurance, the segment where we take a deeper look at a big tech story.

In just the last week, Facebook and Google have announced new smart speakers with video screens. And Amazon is bent on putting Alexa in everything. On the one hand, people seem to want these doohickeys. Research firm Canalys says global smart speaker sales grew 187 percent in the second quarter of this year. On the other hand, an always-on, always-connected listening device in the home really freaks out some folks. We dig into this in Quality Assurance, the segment where we take a deeper look at a big tech story.

Retirees and other Americans who get Social Security benefits will start receiving bigger checks come January. The 2.8 percent boost, which amounts to about a $40-per-month increase on average, is intended to be a cost-of-living adjustment. This will be the biggest adjustment to Social Security payments in the past seven years. Marketplace spoke with a few of the estimated 67 million Americans receiving benefits about how the extra money will help.

How food banks are reaching high-risk seniors

21 hours ago

The AARP estimates more than 10 million people 50 and older are at risk of going hungry every day in the United States. In Florida, where many baby boomers retire, this food insecurity is compounded by a lack of public transportation. Some food banks are holding food drops to bring food and other health-related events to the neighborhoods where they live in an attempt to reach more high-risk seniors.

This story was produced by the Marketplace hub at WMFE in Orlando.

Questlove on "chasing ghosts"

Oct 11, 2018

If you watch late night TV — "The Tonight Show Starring Jimmy Fallon," in particular — you probably know the show’s house band, The Roots. And perhaps you'd recognize its drummer and frontman, Questlove, aka Ahmir Khalib Thompson.

Thompson is also a DJ, a producer, an author, a foodie, and a podcaster on Pandora with "Questlove Supreme." He came into the studio Thursday to talk with Marketplace host Kai Ryssdal. The following is an edited transcript of their conversation.

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