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Every weekday, host Kai Ryssdal helps you make sense of the day’s business and economic news — no econ degree or finance background required. “Marketplace” takes you beyond the numbers, bringing you context. Our team of reporters all over the world speak with CEOs, policymakers and regular people just trying to get by.
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1The latest Commerce Department report is kind of a yawn, except for the fact that U.S. food exports — mostly soybeans, corn and wheat — plunged 20% compared to August last year. In this episode, why we’re selling fewer grains. (Hint: It has to do with rain and Ukraine.) Plus, the apprenticeship comeback, industrial-scale ticket scalpers and streaming viewership data.
Americans saved a lot during the first few years of the pandemic. But some economists say those excess savings are running low or even have been entirely depleted. Where did all the extra cash go? Also in this episode: Unemployment falls to fantastic lows in three states, a government shutdown would bring financial stress to Native nations and the majority of millennials now own homes.
Oil keeps the gears of the American economy running, from transportation to manufacturing. But the cost is creeping up — crude may well reach $100 a barrel soon. In this episode, we’ll trace how high oil prices ripple through our lives. Plus, college cost transparency, aircraft order volatility and federal firefighter pay cuts.
The July Case-Shiller home price index came out today, and it hit an all-time high. But mortgage rates, at 7%, are also high. We’ll demonstrate what this unusual pairing means for the housing market with some buyer-seller role play. Also in this episode: Staving off climate change will cost trillions, the pumpkin spice latte turns 20 and gas prices fuel consumer sentiment.
How do I make non-Zoom eye contact? What should I share about my personal life? Is my lunch stinky? Work etiquette experts are helping companies ease the back-to-office transition. Also in this episode: UAW strike strategies, the economics of recycling plastic, a hops farm check-in and domestic worker contracts.
Diners are digging in earlier than ever across the U.S. It’s an adjustment for the restaurant industry, but it might be better for workers and eaters alike. Plus, a flood of new apartment buildings should ease rent inflation, but it won’t solve the housing crisis. We’ll also analyze the week’s economic happenings with The New York Times’ Jeanna Smialek and Politico’s Sudeep Reddy.
The idea of energy “conservation” was new to Americans in 1973. Experiencing a first-of-its-kind gasoline shortage, the U.S. began to encourage fuel efficiency in cars and homes. If President Ronald Reagan hadn’t reversed such commitments, would renewable energy be ubiquitous today? Plus, doing without: manufacturing without temp workers, the Fed without government economic data and NYC without Airbnb.
About three-quarters of Latinos in the U.S. speak at least some Spanish. Marketing experts have caught on. We’ll talk to a few about how they strike an English-Spanish balance in ads geared toward the growing demographic. Plus, Amazon is already aggressively hiring for the holidays, Japan might prop up the yen again, and the Federal Reserve didn’t raise rates — this time.
Clearview AI, widely used by U.S. law enforcement, can find a face anywhere on the internet thanks to a database of billions of scraped photos. Journalist Kashmir Hill, who recently published a book about Clearview, will tell us what it was like to investigate a company that’s always watching. Plus, the viability of a four-day workweek for blue-collar jobs and an electrical transformer shortage.
With government shutdowns becoming more frequent — we could have another one at the end of the month — taking a government job isn’t all that appealing. Why worry about the uncertainty of a furlough when plenty of other companies are hiring? We’ll also tackle the environmental impacts of barge shipping, hard-to-find auto parts in the U.S. and members-only shopping in China.
Consumer spending is key to this economy, but Americans are running through their cash just as student loan repayments are coming due. Could that be the straw that breaks the consumer’s back? We’ll discuss it on the Weekly Wrap. Plus, how car dealers are reacting to the UAW strike, why immigration is important to the AI race and why gross domestic product and gross domestic income often don’t match up, even though they should.
Shares of chip designer Arm Holdings surged 25% above their initial public offering price of $51 in the company’s stock market debut today. A lot went into deciding on that price. Today, we dig into what it takes to make an IPO “pop.” Later, the United Auto Workers plans to target its work stoppages as a strike looms. And will Social Security’s cost-of-living increase be enough to help older Americans keep up with inflation next year?
Though inflation ticked up a bit in August, it looks like price increases are losing steam. Today, we ask what inflation could look like next year and what wild cards might be in play. We also investigate where all the G-rated movies went and why fish tacos are still about a buck at a San Diego restaurant chain.
New data released by the U.S. Census Bureau shows that median income fell last year while poverty spiked, as pandemic-era government benefits ended. Today, we do the numbers and discuss who’s been most affected. We also explore the impact of tech regulation in the European Union and look at why businesses are so glum. Plus: You’ve probably infringed several patents today.
Members of the United Auto Workers union could go on strike this week if contracts aren’t signed with Ford, GM and Stellantis. If no deal is struck, the Upper Midwest in particular could suffer major losses. Today, we’ll chart the potential impacts. We’ll also look at consumer expectations, fear of automation and the panic over retail theft.
Corporate bankruptcies have been on the rise for more than a year now, and the trend can have wide-ranging ripple effects. We dig into it. We also unpack the cooling labor market in the Weekly Wrap and look at the future of sustainable energy from the American home of oil and gas.
The Federal Reserve’s Open Market Committee meets in two weeks to determine if interest rates should change. Today, we hear from Chicago Fed CEO Austan Goolsbee on the odds of a soft landing for the economy and the data used to guide rate decisions. Plus, the inverted yield curve is an indicator of a coming recession. Could it be wrong this time? And later: Speed-dating makes a comeback.
Ever since the Federal Reserve began hiking interest rates, the value of the U.S. dollar has surged. For many other countries, that means debt has become costlier and it can be harder to prevent capital flight. So what are the options for central banks abroad? We also take the pulse of community banking six months after SVB’s failure and examine the fan fiction economy.
Saudi Arabia and Russia said they’ll stick with oil production cuts through the end of the year. The two countries are trying to prop up prices for their lucrative resource, and those prices surged after the announcement. We dig into the decision. Plus: More than 800,000 people are benefiting from student loan forgiveness. Then, the rise of “girl math” and other ways people justify their enthusiastic spending.
This has been a hot summer for labor organizing, and strikes — along with narrowly averted ones — have made headlines. This Labor Day, we chart the holiday’s history and examine the parallels between worker activism of more than a century ago and worker activism today. We’ll also do the numbers on labor, including women’s workforce participation and how hotels are hiring in a tight market. Later: the big business of wacky holidays.
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the government stops borrowing, inflation goes down. spend less than you receive in receivables.
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I'm having same problem. Can this be fixed?
episode not playing nor downloading....error msg in Castbox
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so they changed the definition of recession and then have a mouth piece like this to defend it.
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Busy day at work,
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