An official pronouncement raises more questions than it answers.
As the second half of 2014 gets underway, a look at the S&P 500 index. Plus, with the number of jobs recovering since the Great Recession, a look at why office space doesn't tend to increase at the same rate. Also, is the "sharing economy" all it's cracked up to be? With big money flowing through businesses like Airbnb and Lyft, not everyone is on as equal a playing field as promised.
A "sharing economy" can be as simple as a neighborhood with a shared lawnmower, but companies with big cash flow – think ride-sharing services like Lyft and Uber, as well as room rental places like Airbnb – are increasingly considered part of this model.
Oakland, California-based reporter Susie Cagle writes of her experience attending "Share," a conference on the sharing economy sponsored by Airbnb, Lyft, and eBay. She left the conference thinking the word "sharing" is getting stretched completely out of shape.
In her article, "The Case Against Sharing: On access, scarcity, and trust," Cagle recognizes the opportunity in these peer-to-peer economies, but thinks larger businesses like Airbnb and Lyft should be treated as just that: a business.
Click the media player above to hear reporter Susie Cagle in conversation with Marketplace Morning Report host David Brancaccio.
The supercomputer first showed off its intellectual prowess on Jeopardy. Now after analyzing a massive number of recipes, Watson has come up with its own sauce.