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Hosted by Kai Ryssdal, award-winning Marketplace is a daily magazine of business and economics.

Kai Ryssdal

The Clemson Tigers became national champions for the first time in 35 years when they beat Alabama 35-31 Monday night.

I always knew the Tigers would stand victorious, but turns out the university's finance folks had an inkling last night would turn out well, too.

Will Wilbur Ross be good for trade?

Jan 10, 2017

Update: After this story aired, Ross' hearing was delayed to January 18. The original audio appears above.

New York to shutter huge nuclear energy plant

Jan 10, 2017

The state of New York now finds itself facing a big, big energy test. It’s just announced the phase out of a mammoth nuclear energy plant just up the Hudson River from New York City.

But now it has to replace all that power, and it’s committed to doing so in a low-carbon way. We will likely see this test play out across the country, as more and more aging nuclear plants find themselves on the energy endangered list.

What a 48-team World Cup means for FIFA — and soccer fans

Jan 10, 2017
Kai Ryssdal and Robert Garrova

News is out today that soccer's international governing body, FIFA, is increasing the number of teams in the World Cup to 48. FIFA's current president Gianni Infrantino pushed for more teams, which will likely affect FIFA's revenue.

Sam Harnett

Recreational marijuana is legal in California, but there is still no place to buy it, and there will not be until the state works out regulations. That could take a year. In the meantime, local governments are laying out rules on where marijuana can be bought and sold.

As you could imagine, these rules are having an impact on the real estate market for commercial marijuana spaces. The general trend is limited supply and high prices.

Brand identity is the key for magazines

Jan 10, 2017
Reema Khrais

While visiting Los Angeles, British tourists Harvey Marcus and Cassie Steer stopped by a nearby newsstand. After scanning the hundreds of titles, Marcus, with a shrug, said he probably wouldn’t buy one.

“I don’t think they’re worth the money,” he said.

And Marcus happens to know a thing or two about the business. He’s an editor at Schön, a London-based magazine about fashion and art. Meanwhile, his girlfriend is a former beauty director for the U.K. edition of the fashion magazine InStyle. 

So, what are they doing in Los Angeles?

JaeRan Kim

Former Exxon Mobil CEO Rex Tillerson only divested from his company last week. The prospect of an oil executive leading international diplomatic ties has caused a lot of concern for those worried about climate change, a major international issue. It's still unclear what impact his appointment would have on policies. 

Much of that stems from the lingering uncertainties over what the Trump Administration’s policies will be, said Kevin Book, managing director of Clearview Energy Partners.

Blog: Make Me Smart update

Jan 10, 2017

Hey everyone,

Just a quick update to let you know that we're working hard to get ready for the official launch of "Make Me Smart with Kai and Molly," our new podcast dedicated to, you guessed it,  getting smart about business, tech, culture, and how all those things affect each other and your everyday lives.

Our first show will go live Tuesday January 24, right after inauguration weekend.

Here are some things you can do until then:

Subscribe to the podcast!

Will the federal anti-nepotism law apply to Jared Kushner?

Jan 10, 2017
David Brancaccio

Donald Trump has tapped his son-in-law, Jared Kushner, to become a senior White House adviser. Kushner will tackle trade and middle east policy, among other issues, in the role. 

The resale market for sneakers is red hot

Jan 10, 2017
Sally Herships

Chris Burns used to be a college English professor. Then, in 2011 he opened his Amazon store, Arch-USA, selling limited edition sneakers.

“From Black Friday in November to December 31, 2011, I made $65,000,” he said.  In one month, Burns doubled his yearly salary as an English professor. “That was it,” he said. “I walked into the dean's office and I said, 'Hey man, I'm done.'”

Millennials actually aren’t noncommittal slackers, says new study

Jan 10, 2017
Donna Tam and Marielle Segarra

Millennial leaders are more likely than their older counterparts to work at their companies for more than 15 years, according to a report published today by The Conference Board.

01/10/17: Sneakers as currency

Jan 10, 2017

President-elect Trump has tapped his son-in-law, Jared Kushner, to become a senior White House adviser. But Lyndon B. Johnson signed a federal anti-nepotism law back in the '60s. Will it prevent Kushner from nabbing the position? Historian Joshua Zeitz breaks down how the law came about and whether it contains any loopholes. Next, we'll look at the limited-edition sneaker market, where sellers can make thousands in just weeks.