Hosted by Kai Ryssdal, our flagship program is all about providing context on the economic news of the day. Through stories, conversations and newsworthy numbers, we help listeners understand the economic world around them.
Airing on Wednesday Feb. 25, 2015: TJX, the parent of TJ Maxx and Marshalls, just announced it will boost its base pay to $9 an hour by this summer, and $10 an hour by 2016. In light of Wal-Mart’s recent minimum wage hike, is this the first sign of a tightening labor market in low-wage retail? We investigate. Plus, as Google proposes a new headquarters in Mountain View, the small city has mixed feelings about the economic growth within its borders. Mountain View’s not going to become a company town in the old sense, but it is going to have to change, build housing and grow because of Google — all things that Silicon Valley cities have resisted for decades.…read more