May 2, 2017

05/02/2017: The power of a quarter trillion dollars

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Turns out Apple may have more than a quarter of a trillion dollars in cash. With a stockpile that you can practically see from space, what does one do? We'll discuss the exact powers that amount of money gives the electronics giant. Afterwards, we'll look at why property insurers had the worst set of quarterly profits in more than 20 years, and then examine the National Urban League's annual report on equality in America.

Segments From this episode

'State of Black America' report warns progress is fragile

by David Brancaccio

May 2, 2017

The National Urban League finds African-Americans are still well behind white Americans when it comes to equality.

Job seekers wait in line at Kennedy-King College to attend a job fair in Chicago, Illinois.

Scott Olson/Getty Images

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College business programs look to the liberal arts model

by Amy Scott

May 2, 2017

The most popular undergraduate major gets a makeover.

Kevork Djansezian/Getty Images

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Property insurers report the worst first-quarter profits in more than 20 years

by Ryan Kailath

May 2, 2017

When you buy insurance for your car or your house, you and your insurance company hope you’ll never have to use it. Well, not so much in 2017. Property insurers are reporting the worst first-quarter profits in more than 20 years. You can blame hailstorms, ice storms, tornadoes—the kind of severe weather that contributes to […]

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What Apple’s big pile of cash allows it to do

by Marielle Segarra

May 2, 2017

Apple will report earnings on this afternoon. Its stockpile of cash had been growing to nearly a quarter of a trillion dollars by the end of last year, most of that held overseas. What does that cash allow Apple to do? Click the above audio player to hear the full story.

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Mid-day Update

05/02/17: Mixing business with liberal arts

by David Brancaccio

May 2, 2017

With a weak GDP report last month and a "meh" April jobs report, how will the U.S. economy end up faring in the second quarter? David Kelley, chief global strategist at JPMorgan Funds, gives us his optimistic take on what's in store. Afterward, we'll talk about the decision from Angie's List to be purchased by an outfit called IAC, and then explore a new effort to incorporate liberal arts courses into business programs.

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Turns out Apple may have more than a quarter of a trillion dollars in cash. With a stockpile that you can practically see from space, what does one do? We’ll discuss the exact powers that amount of money gives the electronics giant. Afterwards, we’ll look at why property insurers had the worst set of quarterly profits in more than 20 years, and then examine the National Urban League’s annual report on equality in America.

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