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Marketplace focuses on the latest business news both nationally and internationally, the global economy, and wider events linked to the financial markets. It is noted for its accessible coverage of business, economics and personal finance.
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Marketplace

Marketplace focuses on the latest business news both nationally and internationally, the global economy, and wider events linked to the financial markets. It is noted for its accessible coverage of business, economics and personal finance.

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Economy

A customer walks out of a U.S. Post Office branch and under a banner advertising a job opening
Politics & Policy

Unemployment rate falls to 13.3%, US adds 2.5 million jobs

The government said Friday that the economy added 2.5 million jobs last month, driving unemployment down from 14.7% in April.

6 years ago

A person wearing a protective face mask as a precaution against the coronavirus walks past stuttered businesses in Philadelphia. (AP Photo/Matt Rourke)
Radio Times
Money

The future of small businesses as the country reopens

How are businesses going to navigate reopening during a health pandemic and national civic unrest?

Air Date: June 5, 2020 10:00 am

Listen 48:58
Juan Santos
Community

1.9 million seek jobless aid even as reopenings slow layoffs

The diminishing pace suggests the job market meltdown triggered by COVID-19 may have bottomed out as more companies call at least some of their former employees back to work.

6 years ago

Hardik Kalra stocks meat in a cooler at a local super market, Friday, May 29, 2020, in Des Moines, Iowa. (AP Photo/Charlie Neibergall)
Money

US food prices see historic jump and are likely to stay high

U.S. shoppers lately have seen the costs of meat, eggs and even potatoes soar as the coronavirus has disrupted processing plants and distribution networks.

6 years ago

A woman walks past a boarded up business, Thursday, May 28, 2020, in East Cleveland, Ohio. (AP Photo/Tony Dejak)
Health

Rising US job losses stir fears of lasting economic damage

Despite a few glimmers of hope, most of the economic news was likewise grim, as some of the world's most populous countries reported rising infections and deaths.

6 years ago

(Kalim A. Bhatti/The Philadelphia Inquirer)
Politics & Policy
Spotlight PA

Massive unemployment scam strikes up to 58,000 people in Pa., far more than previously known

The state Treasury has temporarily halted direct deposit payments for Pandemic Unemployment Assistance, and will only issue money by check.

6 years ago

The state Capitol in Harrisburg, Pa. (Matt Rourke/AP Photo)
Politics & Policy
Spotlight PA

Pa. legislature sends $26 billion short-term budget to Gov. Tom Wolf

The legislature will send a short-term budget to Gov. Tom Wolf, an unusual measure made necessary by the strain put on the state’s finances by the coronavirus pandemic.

6 years ago

A Seattle barber shop remains closed because of the coronavirus outbreak on May 19. Last week, an additional 2.1 million people filed for unemployment benefits around the country.
NPR
Community

40.8 million out of work in the past 10 weeks, 26% of labor force

Just last week, another 2.1 million people filed for unemployment benefits, the Labor Department said Thursday.

6 years ago

Tablets believed to be laced with fentanyl
NPR
Money

Pandemic disrupts illegal drug trade, upending both product and profits

One researcher says small-scale disruptions are common in the illegal drug trade, but the chaos seen in recent months is nearly unprecedented.

6 years ago

Atlantic City casino
Money

Coronavirus closures send Atlantic City casino profits down 65%

Second-quarter earnings are sure to be worse because the casinos have been shut all of April and, so far, May, with no reopening date scheduled.

6 years ago

Lynn Tanner, center, and her husband Ryan, bottom right, are served lunch at Busy Bee Cafe Thursday, May 21, 2020, in Ventura, Calif.  Much of the country remains unlikely to venture out to bars, restaurants, theaters or gyms anytime soon, despite state and local officials increasingly allowing businesses to reopen. That's according to a new survey by The Associated Press-NORC Center for Public Affairs Research. (AP Photo/Marcio Jose Sanchez)
Health

AP-NORC poll: Many in U.S. won’t return to gym or dining out

That hesitancy in the wake of the coronavirus outbreak could muffle any recovery from what has been the sharpest and swiftest economic downturn in U.S. history

6 years ago

A row of signs advertising jobs are posted in front of a Burger King restaurant, Thursday, May 21, 2020, in Harmony, Pa. (AP Photo/Keith Srakocic)
Politics & Policy

Pennsylvania jobless rate hits 15.1% as payrolls collapse

Meanwhile, payrolls fell by more than 1 million to the lowest level in at least three decades.

6 years ago

Wilmington, Delaware (Tim Kiser/Wikimedia Commons)
Politics & Policy

Despite ‘information deficit,’ Delaware projects slight improvement for revenue

After slashing expectations for state revenue in the coming fiscal year, a state council has added some of that revenue back into their projection.

6 years ago

Old Navy, a subsidiary of Gap, began selling nonmedical face masks in early May. (MB Internal Studio/Old Navy)
NPR
Health

Face masks provide a new frontier for retailers during coronavirus crisis

Many popular brands including Nordstrom and Gap now sell nonmedical grade face masks to meet consumer demand, but experts say mask sales are a drop in the bucket.

6 years ago

A pedestrian walks past graffiti that reads
Radio Times
Urban Planning

Evictions, strikes, and making rent during a pandemic

As the coronavirus continues to upend the job market, many people have started wondering how they will make their rent and mortgage payments on the first of the month.

Air Date: May 21, 2020

Listen 48:58
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