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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.

1163 Episodes
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Last resort

Last resort

2024-06-2128:021

Florida-based Citizens Property Insurance Corp. wants to raise rates an average of 14%. But Citizens is the Sunshine State’s insurer of last resort — it’s backed by the state and tasked with covering homeowners who have no other options as private insurers pull out. What will Floridians do? Also in this episode: Environmentalists advocate more composting, a cyberattack forces thousands of car dealerships to go analog and oceanographers map the world’s seafloor.
Three years ago, a town of 2,500 formed an unlikely relationship with multibillionaire Bill Gates. He had new nuclear technology and Kemmerer, Wyoming, had a declining coal industry. This week, Gates broke ground on a first-of-its-kind power plant. Will it revive a struggling local economy or upheave the small community’s way of life? Also in this episode: Summer gasoline use is down, Nvidia dominates AI chipmaking and apartment buildings aren’t being built — despite high demand for more housing.
Credit card delinquencies are up overall in the past year — but that’s not the whole debt picture. Wealthier consumers can pay off their debt right now, driving up the nation’s average credit score. It’s a tale of two Americas. Also in this episode: Federal data reveals that nearly 1 in 4 Black prospective homeowners are denied a mortgage, and we catch up with a couple whose gift-giving journey was featured on “This Is Uncomfortable.”
With bond yields dropping, lower mortgage interest rates may be on the horizon. That’s great for people who’ve put off buying a home because they felt priced out. But will rates fall enough to make homeowners with older, cheaper mortgages consider selling? Also in this episode: Buy now, pay later attracts vulnerable consumers, electric vehicle sales growth slows and product designers chase down copycat products.
A stretch of the U.S. is under a heat advisory this week — but summer starts Thursday. When we talk about a “hot” economy, it’s usually a good thing, but in real life, extreme heat sends economic productivity downhill. We’ll get into why. Also in this episode: Retailers launch copycat sales to compete with Amazon Prime Day, Baltimore longshoremen are finally back to work and the bond market is booming.
Will I ever own a home?

Will I ever own a home?

2024-06-1428:241

Housing affordability is on everyone’s mind — a new survey shows it’s a “somewhat to very important issue” for the majority of voters, especially younger ones. We’ll discuss whether housing has historically determined elections and get realistic about what a president can do about housing prices. We’ll also look at how the government measures housing costs for homeowners, even if their mortgages are paid off. Plus: The history of all-you-can-eat deals.
The job market is weakening, according to recent data. Higher unemployment is a good sign — if you’re the Federal Reserve and want to cut interest rates. It’s bad, of course, if you’re a job seeker. We tackle this paradox in today’s episode. Plus: Cities adjust their tech-hub dreams, improved hurricane forecasting saves billions in damage, and Black workers pay a high price in the clean energy transition.
Well, the Federal Reserve decided to stand pat on interest rates for now — and said it may make just one cut this year. In this episode, we break down the Fed’s latest move and look at which sectors are feeling the “lag effect” of rate hikes. Plus: Daycares are likely to raise prices as federal pandemic funding runs dry, and Fannie Mae’s chief climate officer says we should prepare for climate risk to become a bigger factor in the housing market.
One meeellion dollars!

One meeellion dollars!

2024-06-1128:191

Remember in “Austin Powers” when Dr. Evil conspires to hold the world hostage for $1 million? Not much cash, right? Well, it was a lot back in the 1960s — the last time Dr. Evil was conscious. In this episode, Dr. Evil teaches us how to adjust for inflation. Plus: Grocery stores want to be community meeting places, AI-fueled ad spending rockets up, and small-business owners aren’t sure what the future holds.
As the Southwest prepares for 100-plus-degree days this week, we’ll look at where energy grids are prepared for a hot summer. A key factor? Whether grids have new electricity generators, like wind or solar plants. We’ll visit eastern Colorado, where clean energy jobs have been a boon for rural residents. Plus: More first-time homeowners enlist their parents as mortgage cosigners, and brands back away from trans representation, instead angling to keep both LGBTQ and transphobic customers.
May brought a surge of 272,000 new jobs, exceeding forecasts. Of those, 42,000 were in leisure and hospitality, benefitting from the summer travel season and increased wages. Also in this episode: a thousand options and nothing to watch. Netflix is getting a makeover for the first time in a decade, all with the goal of keeping subscribers hooked for longer.
The European Central Bank delivered on its promise of June interest rate cuts, its first since 2019. The U.S. Federal Reserve is still deciding whether to do the same this year. But what the ECB does won’t affect the Fed’s decision, since European interest rates don’t impact U.S. job growth or prices. Also in this episode, the history of the federal jobs report, the cost of congestion pricing and the future of tourism on the Rio Grande.
A Texas group is planning to open a Dallas-based stock exchange, it announced today. In an era when most stock trading is online, why does it matter that the exchange will be in Texas instead of New York? Also in this episode: Economists disagree on the power of the “wealth effect,” the co-working space industry tries to reinvent itself, and nanobubbles fight toxic algae in a Southern California lake.
The “great stay”?

The “great stay”?

2024-06-0429:223

An April labor report released today shows that hiring, quitting and layoffs didn’t change much from the month before. In this episode, why no news is a sign we’re headed toward a pretty strong (as opposed to a once-in-a-lifetime) labor market. Plus, a traffic report of sorts: “supercommuter” rates rise, e-cargo bikes race ahead in popularity, and air travel isn’t luxurious anymore.
A tax break that started out as a way for the government to incentivize homebuying has primarily benefited the wealthy, research shows, while costing the U.S. government $30 billion a year in tax revenue. That amount may more than double in 2026. Also in this episode: OSHA works on new heat guidelines for the workplace, construction spending falls, and the Federal Reserve wants interest rates to be “neutral.”
The economy is cooling, based on the latest inflation report, in part because American consumers are pulling back on spending. That’s good news for the Federal Reserve and its 2% inflation target. Also in this episode: GM says goodbye to the Malibu, OPEC+ members to talk about production quotas, and teen boys flock to luxury perfume counters.
Revised gross domestic product for the first quarter shows even slower growth than the original estimate. With U.S. GDP representing nearly a quarter of global output, what happens here can affect other economies. Also in this episode: why companies opt for machines over people, how cyberattacks affect small businesses, and what one South Gate, California, business owner thinks of prices.
A small neighborhood in the Phoenix area, full of farm animals and dirt roads, is in turmoil: A huge TSMC semiconductor plant, now under construction, is bringing with it a wave of commercial development and new residents. Champions of the project say the jobs and housing are sorely needed, but locals feel the transformation threatens their way of life. In this episode, we’ll visit the so-called Golden Triangle and meet stakeholders who include longtime residents, small-business owners, a city councilwoman and a real estate developer.
Commercial Israeli banks process transactions with Palestinian banks — about $10 billion in trade per year, and paychecks for tens of thousands of Palestinians with jobs in Israel. Normally, the government protects them legally if any funding finds its way into terrorists’ hands. Israeli finance minister Bezalel Smotrich recently threatened to end these waivers. In this episode, what could happen to the Palestinian economy if he follows through? Plus, what’s included in “cost of living” indexes, why consumer confidence is rising, and are we in a climate change housing bubble?
Nearly two-thirds of Americans drink coffee every day, according to the National Coffee Association. If you’re part of that 63%, you may have noticed coffee getting more expensive. Some of it has to do with the cost of the raw crop, which is at a 45-year high, partly due to climate change reducing yields. And it doesn’t help that global demand is growing. Also in this episode: Mexico City is in a water crisis, Zoom cashiers usher in a new wave of digital offshoring and machinery and other things-that-make-things purchases were up last month.
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Comments (62)

Billy Weinheimer

How has that diversity hiring been going? Bank and board managers that are grouped with those that do not know what they are doing. Worked its way with Silicon Valley Bank and others in line. How many more diverse businesses are working their way through diversity? Bud lite was also a good example. East Palestine did feel the result of diverse safety procedures. Seems being diverse puts its value up there with nuclear warheads, seems a safe bet until it is used.

Mar 3rd
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Billy Weinheimer

Boeing's dei program. diverse because some parts stay in place and some fall off.

Jan 12th
Reply

Mia Michael

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Jan 11th
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The Derstine

naive understanding of university top brass who have raided the coffers of higher ed for decades, it is not higher pay for faculty that is the problem it's that there are three administrators for every 1 professor, the upper echelon of six figure salaries is largely occupied by these Wall Street types who have no other interest than increasing their pay grade at the expense of college students their parents and the working class adjuncts who educate them.

Dec 8th
Reply (1)

Billy Weinheimer

If the increased spending due to increased prices? Increased prices due to inflation? Increased GDP because survival buying is necessary.

Oct 27th
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ajagne

It is financially irresponsible to NOT have exposure to crypto as part of your retirement portfolio. So far, this program has been woefully wrong about crypto. While it gives market updates regularly, it seems to only mention bitcoin when it has huge pumps. Ignoring the jokes about crypto and buying bitcoin when Kai proposed creating "Risdollars" in 2011 would have paid you handsomely. I wished this program treats crypto with seriousness that modern investors are. Regardless, watch bitcoin pump

Oct 26th
Reply

Kevin Goldman

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Aug 15th
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Billy Weinheimer

the government stops borrowing, inflation goes down. spend less than you receive in receivables.

Jun 26th
Reply

Waleed sattar

These shoes are designed to provide cushioning and support in a neutral position. They have extra cushioning around the heel, which helps to absorb shock and protect the feet from impact. These shoes are great for people who tend to pronate or have flat feet. https://runningster.com/best-running-gloves/

Mar 30th
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Patrick Woomer

why does it sound like the sound is sped up. speaking is rapidly clipped hard to understand

Feb 16th
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Shahid Khan

ok Bob h. uj nkni it out

Jul 27th
Reply

Elizabeth A Even

I'm having same problem. Can this be fixed?

Jun 20th
Reply

Rohan Ramnathkar

episode not playing nor downloading....error msg in Castbox

Jun 18th
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Dorian C. Schiefelbein

Satellite chambers have many parameters that help build multi spectral reflections in an understandable image https://dragonflyaerospace.com/dragonfly-aerospace-became-a-member-of-the-international-astronautical-federation/ Scanning the surrounding area according to the specified parameters depends on many factors that should be taken into account when planning tasks.

Jun 10th
Reply

🤨

so they changed the definition of recession and then have a mouth piece like this to defend it.

May 23rd
Reply

Eric Everitt

really? everything hurts women? everything is bad for women? bla bla it's never been worse.. really?

Apr 15th
Reply (1)

steve

Busy day at work,

Feb 2nd
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Jackie Adams

It is refreshing to see that the solopreneurs, entrepreneurs and start up Founders are increasing. #entrepreneurs #Startup #Ceo

Jan 13th
Reply

red snflr

will never "stop" though with an infinite supply. #bitcoin

Jan 13th
Reply

ID21274754

I downloaded flush recently after we couldn’t find a restroom! Took me a day, but I did ask myself, is there an app for that? And there is!

Dec 2nd
Reply