Local and national business news.

Weekly Wrap: It's the first Friday of the month!

Oct 7, 2016

Joining us this week to talk about the last five days in business and economics are Cardiff Garcia of  FT Alphaville and Catherine Rampell of the Washington Post. They discussed jobs numbers, labor force participation and the British pound. 

Kai Ryssdal

Chuck E. Cheese's is moving away from physical tokens to reward cards that can be loaded and re-loaded, according to Bloomberg.

The company, known for pizza and arcade games, has issued billions of game tokens for the last 39 years. The news is causing no small upset among collectors. It turns outs there's actually a market in Chuck E. Cheese's tokens, thanks to pop culture nostalgia.

The rarest of them can go for $1,000.

Kim Adams

At Tower Grove Christian Academy in St. Louis, Missouri, Donna Kohlberg said she is disgusted with the election, namely the behavior of both candidates, Hillary Clinton and Donald Trump.

Still, the teacher, assistant principal and volleyball coach plans to watch the presidential debate — which takes place Sunday in St. Louis — in hopes of  hearing more about issues like Trump University, Clinton’s actions in Benghazi, and the candidates' plans for how they would change the economy.

When business and politics don't mix

Oct 7, 2016
Nancy Marshall-Genzer

It’s a mantra you’ve heard from presidential candidates many times over the years: I’m a business person. I’ll run this country like my business, and everything will be great. We're not just talking about Donald Trump here. We’ve had a number of candidates running on their business records, with varying degrees of success. 

Not everyone thinks Donald Trump is the quintessential businessman. Be that as it may, he is running on his business record.

There’s a plus side to doing that. And a minus side. On the plus side:   

Scott Tong

Hurricane Matthew has brought high winds and flooding to Florida, two big menaces to the power grid.

More than a million Floridians were in the dark today, according to the state public service commission, with more than a million state residents still in the storm’s path.

It’s not that Florida and its utility companies haven’t prepared. They invested $2 billion the last decade to toughen the grid with things like concrete power poles to replace wood poles. But no system is completely stormproof.

Marketplace for Friday, October 7, 2016

Oct 7, 2016
Nancy Marshall-Genzer

On today's show: Amid a nasty hurricane season, why is our power grid so vulnerable? Sunday's presidential debate in St. Louis will be a town hall full of undecided voters, so how are Missourians feeling? Plus, we break down the pros and cons of running for president as a businessman and discuss the week in economic news.

Kai Ryssdal

It's rare one uses the words gossip or gossipy in conjunction with economics — except maybe around Nobel Prize time. Which, as it happens, we are.

The winner of the Nobel in economics will be announced on Monday. One of the people perennially on the shortlist is Paul Romer, professor of economics at the Stern School of Business at New York University.

If he wins, he'll be the toast of the economic town. But there's a bit of a hubub in the dismal science lately over a paper he wrote that's probably not going to win him any prizes.

What's behind the NFL's sagging ratings?

Oct 7, 2016
Lane Wallace

Pro football is looking at an unexpected downturn: 10 percent fewer people have watched NFL games on TV this season compared to this time last year, according to Nielsen. Monday night football has taken the biggest hit, with viewership down 17 percent.

But we don’t know if fewer people are watching games overall.

The cost of hosting a presidential debate

Oct 7, 2016
Mariam Baksh

Washington University in St. Louis looks a little different to students these days.

A 10-foot-high wire fence has sprung up around the school’s athletic complex. Security is ramped up, so everyone is carrying their IDs on lanyards around their necks. Media from the likes of CNN and MSNBC are everywhere, and little golf carts traverse the grounds.

How Hurricane Matthew is affecting fuel supplies

Oct 7, 2016

On today's show, we'll talk about how Hurricane Matthew will affect the supply of gasoline; what an increase in the unemployment rate indicates about our economy; and why manufacturers are saying they can't find enough skilled workers.