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Award-winning Marketplace is public radio's daily magazine on business and economics news "for the rest of us."  Hosted by Kai Ryssdal, award-winning Marketplace is public radio's daily magazine of business and economics. Marketplace takes a fresh approach to business news covering  listeners from wallet to Wall Street. 

The Hankamer School of Business at Baylor University and Mc Lane Intelligent Solutions are local sponsors of Marketplace on KWBU.

For program sponsorship information, contact Bill Leek at 254-710-4472.

China on Tuesday announced a tariff hike on $60 billion of U.S. products in response to President Donald Trump's latest duty increase in a dispute over Beijing's technology policy. 

The announcement followed a warning by an American business group that a "downward spiral" in their conflict appeared certain following Trump's penalties on $200 billion of Chinese goods.

Why we don't bury our power lines underground

Sep 18, 2018

Hurricane Florence has brought severe power outages to the Carolinas and Virginia, affecting hundreds of thousands of homes and businesses. We saw the same in Florida and Puerto Rico during last year’s hurricane season. It's the result of downed power lines. One solution? Bury the power lines away from wind and trees instead. But that may be easier said — and cheaper — than done.

Click on the audio player above to hear more. 

Is Coca-Cola looking into cannabis-infused drinks?

Sep 18, 2018

(U.S. Edition) With the Trump Administration unleashing a new round of import penalties on Chinese goods, China has pledged to retaliate. We examine what the next moves could be for both countries. Also, are drinks with CBD — a non-psychoactive chemical in marijuana — on the way? There are reports that Coke could be looking into cannabis-infused drinks.

China vows U.S. tariff revenge

Sep 18, 2018

(Global Edition) From the BBC World Service … Salmon, soap and steel wire. Just three of the items on President Trump’s new $200 billion round of U.S. tariffs on Chinese imports. We look at how Beijing will respond. Then, a report commissioned by the U.K. government has recommended making it easier for highly skilled workers to come to the U.K. Finally, experts claim turning the clocks back an hour this fall will lead to lazy workers and more accidents.

When you conjure an image of the stock market, it's likely the tumultuous floor on Wall Street with traders holding a phone to either ear, scrambling and yelling. But computer algorithms make most trades today, within fractions of a second, and you could say the real NYSE action is in Mahwah, New Jersey, where its data center sits. Marketplace Tech is exploring investment technology as part of the Divided Decade project on the financial crisis of 2008.

Marketplace Tech is spending all week looking at the risks technology can introduce to investing. Today, part one of a look at high-frequency trading. Critics of too much high-frequency trading say it makes markets vulnerable to manipulation, and the algorithms that fuel it can cause abrupt dips and rises in stock prices.

Canada's Aluminum Valley grapples with U.S. tariffs

Sep 17, 2018

Canada’s Aluminum Valley is a two-hour drive north of Quebec City, in the region of Saguenay—Lac-Saint-Jean. Five aluminum smelters along a 50-mile stretch of the Saguenay River account for almost half of Canada’s aluminum production.

This has residents here following negotiations between Canada and the United States over a new North American Free Trade Agreement especially closely, with hopes an accord will clear the way to lifting tariffs on Canadian steel and aluminum in place since June.

Time magazine may have time on its side now

Sep 17, 2018

Marc and Lynne Benioff will pay $190 million for the magazine. The founder of Salesforce and his wife join a growing list of tech billionaires investing their new money in legacy media properties.

Click the audio player above to hear the full story. 

Trump imposes tariffs on $200 billion more of Chinese goods

Sep 17, 2018

The Trump administration is imposing tariffs on $200 billion more in Chinese goods starting next week, escalating a trade war between the world’s two biggest economies and raising prices on consumer goods ranging from handbags to bicycle tires.

The tariffs will start at 10 percent and rise to 25 percent starting Jan. 1.

President Donald Trump decided to begin taxing the imports — equal to nearly 40 percent of goods China sold the United States last year — after a public comment period. China has said it’s ready to impose retaliatory tariffs on U.S. goods.

What it takes to thrive in a constantly changing workplace

Sep 17, 2018

After spending 27 years with General Electric, Beth Comstock knows how to face change. The first woman to serve as vice chair at the company, she guided GE through some of the business world’s most difficult moments of change — breakthroughs, like the development of the internet and social media, and challenges, like the financial crisis and Sept. 11.

Tender Greens CEO weighs in on retail and food service

Sep 17, 2018

Tender Greens is a Los Angeles-based fast casual restaurant chain that you may not have heard of, but there's a good chance that the chain is hoping to come to a city near you. Operating in the competitive fast-casual sector of the restaurant industry, the chain wants to double its stores in the next several years, according to CEO Denyelle Bruno.

This post was updated on Sept. 17, 2018, at 4:25 p.m. Pacific Daylight Time.

Tariffs, but make it fashion

Sep 17, 2018

The Trump administration will impose tariffs on $200 billion worth of Chinese products next week as President Donald Trump first threatened in June. Hundreds of people have testified and submitted written comments about their impact, including Julia Hughes, president of the United States Fashion Industry Association. We'll chat with her, as well as Canadian aluminum producers stinging from the trade war. Plus: A conversation with Tender Greens CEO Denyelle Bruno.

The morning rush had slowed to a trickle at Los Angeles' main subway terminal, Union Station, but two police officers were still surveying the commuters on the escalator; first, with their eyes; then, through a laptop screen on top of a large black box on wheels.

“We wanted this to be obvious,”said Susan Walker, head of physical security for the Los Angeles Metropolitan Transportation Authority, standing nearby.

(Markets Edition) The president on Monday morning tweeted about the “strong bargaining position” granted by tariffs, and that “cost increases have thus far been almost unnoticeable.” There are also more retaliatory threats from China. Then, we look at body-scanning technology, which will debut in Los Angeles in November. Could other cities follow suit? Also, we look at Monday night’s Emmys and how NBC is under pressure to boost ratings for the awards show.