Cash, dough, loot, moolah, bread, bank, bucks. Whatever you call it, money is important to us. Very important. For better or for worse, it's a factor in every major decision we make. American Public Media's Marketplace looks at major national and international stories that impact the average listener's wallet. It's "the money show for the rest of us."
Updated: 5 hours 21 min ago
Twitter has joined the likes of Facebook Apple and other tech giants in offering two-factor authentication. Should we call it "the death of the password?" Maybe. Also in tech desctruction, iPhone users have spent billions repairing their damaged and cracked screens since 2007. Repair costs aren't getting any cheaper either. Better protect your screens carefully. Plus, President Barack Obama spoke about drones today. Just how big is the domestic drone industry and will it be a boon or bust for jobs?
How much data are you leaking? Lots of business are selling your data to others to help them all track you. How can you opt out? We find out. In the business of sports, golf and basketball and making rules changes, like raising the hoop to make it harder to dunk. What's the economic cost? Also, we take a trip to the tax-shelter island otherwise known as Manhattan to tell you about how some of Apple's untaxable billions aren't actually overseas.
After yesterday's tornado in Moore, Okla. -- where residents got about 15 minutes of warning -- we ask if tornado prediction has gotten better, and how it can continue to improve. What would it have taken to get more than 15 minutes? In tech-ish news, Apple's tax issue comes to the Hill with Tim Cook. But Apple isn't the only company that has funds beyond the reach of the IRS. Also, before you order dinner, news is out that Grubhub and Seamless, two online delivery services, are merging. Just how do these services make money and what about the restaurants?
You've probably heard it already: Yahoo is buying Tumblr. The real question is: Can you buy cool? We ask if the acquisition will help make Yahoo any hipper. Plus, after that, will it make money? Also, Cirque du Soleil’s second Michael Jackson tribute opens soon. We look at how well, economically, MJ is doing in the afterlife.
It's a big weekend in mental health — the diagnotic bible, the DSM5 is set to be released. Scientific controversy aside, what is the book really worth? On Wall Street, banks are taking on Bloomberg in the wake of news that the news service’s reporters snooped on clients through Bloomberg trading terminals. We look at the business implicatins for the company. Also, before you hit the road this weekend, car makers are setting up a new campaign to get you to stop texting and driving. How good has the technology side of this gotten?
We've got former Defense Secretary Donald Rumsfeld on the show to talk about the release of his new book, “Rumsfeld’s Rules: Leadership Lessons in Business, Politics, War, and Life," but in other news, the IRS scandal has heated up. How did it get itself into such a mess? Plus, Bitcoin again. The U.S. has made its first move to crackdown, by using anti-money laundering laws to freeze a bank account of the biggest Bitcoin exchange. What impact will that have and what’s yet to come?
The good news was the deficit is shrinking, but some think it's bad news and the deficit is shrinking “too” fast. How can that be? On television, the sitcom "The Office" ends this week. What happens at the end of a show's life and how can it live on? Overseas, France just entered a double dip recession which goes to show Europe is still struggling to find the fix for its economic woes.
Today we continue our series on the cycle of debt created by installment loans. In the news, Angelina Jolie's move to get a preventative double mastectomy will probably spur others to do the same. The problem? Only one company offers the genetic test and it costs $4,000 Plus, America will soon be energy independent – but what change, if any, does that signal for actual consumers? Or does this just mean more profit for energy exporters?
Today begins our series "Beyond payday loans," a investigation in collaboration with Propublica that focuses on installment loans, a kind of loan that can trap borrowers in a cycle of debt for years. In Washington, D.C., 501(c)4 nonprofit groups are increasingly partisan lobbying machines on both the left and right. Who can get this tax-exempt status and what are the boundaries for political activism? Also, we track the life of a soybean -- sort of. A Supreme Court ruling protect Monsanto, which controls 90 percent of the expanding soybean production in the U.S. and Latin America.
We talk to the reporters who worked on the Marketplace and Propublica investigative story: "Beyond Payday Loans."
In wake of the Great ATM Heist, we look at why a swipe card’s magnetic strip is vulnerable, and why U.S. banks haven’t moved to a more secure system. In other technology, media companies and wireless operators are working together to make sure you won't max out your data plan while watching you favorite sport or show. Is it a win-win? Plus, it's Friday, so get ready for the Weekly Wrap!