From the BBC World Service: During the financial crisis of 2008, the crimes of Bernie Madoff came to light. The ripple effects of his Ponzi scheme — one of the biggest frauds in Wall Street's history — are still being felt today. Now, banking giant HSBC has put aside over $1 billion for litigation related to Madoff. And later, we'll learn more about India's hard-hit carpet industry and a sports betting scandal in Turkey.
Marketplace All-in-One - What is the national debt?
It’s Halloween, and Bridget and Ryan are trying to answer a question about the national debt while preparing for their town’s giant Halloween extravaganza. The town has taken on debt to make things extra spooky this year and things are starting to get a little out of control! Can Bridget and Ryan help the town navigate their monster debt?
(Grownups: This is episode does contain monsters but no jump scares! You know your kid listeners best, so exercise caution if Halloween is more tricky than treat for them!)
If your family is interested in learning even more about today’s question, check out our website. We’ve got conversation starters and a tip sheet!
This episode is sponsored by Greenlight. Sign up for Greenlight today at greenlight.com/million.
Marketplace All-in-One - Wikipedia co-founder: Trust and empathy are essential
In his new book, Wikipedia co-founder Jimmy Wales writes ”in the early years of the internet, we were right to be bullish about people and the technology. Our capacity for social connection, community and cooperation can deliver amazing things. But the very same human nature can deliver atrocities.”
Wales’s says he wrote this book to help combat a crisis of trust in society that is leading to the rise of authoritarianism. Marketplace’s Nova Safo asked him about the main lessons he learned from building Wikipedia into a highly-relied-upon source of information.
PBS News Hour - World - Trump’s Asia tour takes him to Japan ahead of pivotal meeting with China’s Xi
The U.S. and China said they’ve agreed on a framework for a potential trade deal, once again trying to pull back from a trade war between the world’s two largest economies. The announcement comes as President Trump’s tour through Asia takes him to Japan. Nick Schifrin reports. PBS News is supported by - https://www.pbs.org/newshour/about/funders. Hosted on Acast. See acast.com/privacy
PBS News Hour - World - Hurricane Melissa nears landfall in Jamaica as Cat. 5: ‘This will be unprecedented’
Hurricane Melissa is nearing landfall in Jamaica after strengthening to a Category 5 storm with sustained winds of 175 mph. Authorities have already started mandatory evacuations across the island and have opened more than 800 emergency shelters. To discuss what Jamaica can expect in the hours ahead, Geoff Bennett spoke with Matthew Cappucci, senior meteorologist at My Radar.
PBS News is supported by - https://www.pbs.org/newshour/about/funders. Hosted on Acast. See acast.com/privacy
PBS News Hour - World - News Wrap: Federal workers union calls for end to shutdown
In our news wrap Monday, hundreds of thousands of federal employees are still off the job as the government shutdown enters its 27th day, Indiana is joining the growing fight over redistricting ahead of next year's midterm elections, former President Biden says the nation is in "dark days" and the Navy is investigating two separate crashes involving aircraft from the USS Nimitz this past weekend. PBS News is supported by - https://www.pbs.org/newshour/about/funders. Hosted on Acast. See acast.com/privacy
Marketplace All-in-One - A sluggish spin cycle
The shutdown has delayed October's durable goods report. But fear not! Michigan-based appliance manufacturer Whirlpool reported earnings today, and they were pretty tepid. What does that tell us about Trump's tariffs, or the housing market? In this episode, corporate earnings act as a stand-in for missing federal data. Plus: There are winners and losers during a period of high beef prices, small business owners scrutinize their staffing strategies, and regional banks consolidate to compete with fintech.
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Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.
In the Loop with Sasha-Ann Simons - The Haunting Tale of the Watseka Homes
For our series What’s That Building, a haunting story from a small Illinois town that’s puzzled people for nearly 150 years. Two young girls, one living and one long dead, and a mysterious connection that defied explanation. It’s known as the “Watseka Wonder” and it all happened just 80 miles south of Chicago. We’ll dig into the eerie events of 1878, when a supposed spirit possession captivated the nation and find out what’s become of the two homes where it all took place.
For a full archive of In the Loop interviews, head over to wbez.org/intheloop.
Marketplace All-in-One - The shutdown’s about to get very real
The federal shutdown is already having intense effects on unpaid federal workers. But we could be approaching a tipping point. In a memo, the USDA says about 42 million people will not get their SNAP benefits, starting Saturday. We'll hear more. Also, even if we don't get an inflation report, consumers are still pinched by rising prices. And, will Canada's transportation systems be ready for the FIFA World Cup next year?
Marketplace All-in-One - From “How We Survive”: The Uncanny Valley of Meat
Hey Smarties! Today we’re sharing another episode from the latest season of “How We Survive,” Marketplace’s climate solutions podcast. Host Amy Scott and the “How We Survive” crew continue their exploration into the future of climate-conscious food with a look at the cutting edge of meat alternatives. Plus, Francis Lam, host of “The Splendid Table,” joins Amy to put cell cultivated meat to the test and shares some tips for cooking climate-friendly proteins.