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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U.S. lagging behind in race for tech supremacy

3 hours ago

There's a worldwide race for tech dominance, a race that ranges from nanotechnology to quantum computing. China has an explicit policy to be the world's leader in artificial intelligence, while Israel spends more of its GDP on research and development than any other country. Where does the United States fit into all this? According to Robert Manning, a senior fellow at the Atlantic Council who has been following this race, the U.S. has a lot of catching up to do. 

Today Venezuela rolls out its new currency – the “sovereign bolivar.” It’s one of several steps the country is taking to curb runaway inflation, which is likely to top 1 million percent this year, according to the International Monetary Fund. What effect will this have on the South American nation’s economy?

Click the audio player above to hear the full story. 

Rains displace 800,000 in Indian state of Kerala

4 hours ago

(Markets Edition) Jackson Hole in Wyoming will be hosting the annual gathering of the Federal Reserve this week, where lots and lots of economic data is presented and discussed. Fed chairman Jerome Powell is set to deliver a speech on Friday, which will be a highlight for bankers and investors. Making sense of it all is Macro Policy Perspective founder Julia Coronado, who spoke with us. Then, we check in on the southern India state of Kerala, where hundreds have died from flooding caused by monsoon rains.

(U.S. Edition) Today, Washington will be host to hundreds of companies testifying about the Trump administration's plan to impose roughly $200 billion more in tariffs on goods from China. Most economists are seeing this as a bad move for the nation's economy, according to a survey from the National Association for Business Economics. Also, commuters from New Jersey heading into to new are bracing for hard times as this morning marks the start of construction-related lane closures heading into the Lincoln Tunnel. During rush hour, about 10,000 cars an hour move through the tunnel.

Rosé is becoming a year round trend

5 hours ago

Rosé wine was long dismissed by wine buffs as cheap and cheerful. But the popularity of rosé is surging in the U.S. where sales doubled in 2017. The biggest rosé region is in Provence, France. The French still tend to drink rosé in summer but a survey by U.K.-based consultancy Wine Intelligence says most Americans now say it’s good all year round. 

(Global Edition) From the BBC World Service … Greece exits its third bailout today, but not everyone is celebrating 10 years after a financial crisis brought the country to its knees. Then, in Venezuela, inflation could reach 1 million percent by the end of the year as residents deal with sky-high inflation and economic hardship. Today, the country is taking five zeros off its currency in an effort to alleviate some of the pain. Afterwards, efforts to reduce plastic pollution are underway in many parts of the globe, but in Australia, some groups have been experiencing bag rage.

Few Chinese citizens have credit cards or any sort of credit history. But the country has started incorporating more credit into its economy and culture, and the government is working on a way to measure creditworthiness for both businesses and individuals. Its plan? A social credit score. The idea is akin to the American FICO system in that it's a financial record of whether you paid your bills or traffic tickets.

Few Chinese citizens have credit cards or any sort of credit history. But the country has started incorporating more credit into its economy and culture, and the government is working on a way to measure creditworthiness for both businesses and individuals. Its plan? A social credit score. The idea is akin to the American FICO system in that it's a financial record of whether you paid your bills or traffic tickets.

There’s a dance called earnings season that happens in the corporate world every three months. Public companies are required to open their books and add up all those debits and credits so that investors, analysts, and the media can comb through their financial statements. President Donald Trump on Friday said he’s asked the Securities and Exchange Commission to study canceling two of these dances, dropping the reporting requirement from quarterly to semiannually.

Netflix and Amazon are rushing to sign writers, directors and showrunners for multiyear, multimillion-dollar deals. The latest: Netflix confirmed that it has inked a deal with Kenya Barris, the creator of the ABC sitcom "Black-ish." So what are these streaming companies going after with all the money they're spending?

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