Each weekday, Marketplace’s Kimberly Adams makes today make sense along with her Marketplace colleagues, breaking down happenings in tech, the economy, and culture. Because none of us is as smart as all of us.
Most of us can only wonder what goes on in U.S. national security leaders’ group chats, but The Atlantic’s Editor-in-Chief Jeffrey Goldberg doesn’t have to. Last week, Goldberg was accidentally included in a Signal group chat with high-ranking members of the Donald Trump administration, in which they discussed imminent war operations. Yes, this actually happened. Plus, the whopping $2.1 billion verdict you might’ve missed over Roundup weed killer. And, we smile over what’s happened since congest...
It’s almost peak bloom in Washington, D.C., which means it’s time for our annual cherry blossom celebration! But first, some federal funding news: Columbia University will give in to far-reaching demands by President Donald Trump to restore threatened federal funding. We’ll get into what kind of precedent the move sets for higher education. And, the U.S. Department of Agriculture will cancel $500 million in food deliveries. Rural food banks could be impacted most. Plus, we’ll play a blossom-them...
Not totally sure how tariffs work, who pays for them and how they’re collected? Look no further. In today’s episode, Kai and Nova answer these questions and more. We’ll explain how tariffs are applied and what they’re based on, as well as what happens when a good crosses a border multiple times. Plus, what’s the point of a country retaliating with tariffs if its citizens have to pay for them? We’ll get into it. Here’s everything we talked about today: “Who Pays for Tariffs? Here’s What You Need ...
President Donald Trump’s tariff fight with the European Union just got a little more heated after the EU accused U.S. tech giants Google and Apple of breaching antitrust rules. Could this escalate the EU-U.S. trade war? We’ll also talk about the erasure of Black history and why Elon Musk is about to be back in the money. Finally, Nova makes us smile with some of the funniest and nerdiest bumper stickers seen around the streets of Los Angeles. Here’s everything we talked about today: “Jackie Robi...
Hey Smarties! Today we’re revisiting an episode from earlier this year that might help you make sense of all the tit for tat tariff fight from the past few weeks. It unpacks some tariff history and the potential economic consequences of President Trump’s ongoing trade war. If President Donald Trump goes through with his plan to levy sweeping tariffs on foreign imports, it wouldn’t be the first time the U.S. has done such a thing. Ever heard of the Smoot-Hawley Tariff Act of 1930? Anyone? Those t...
On today’s episode, Kai Ryssdal and Kimberly Adams discuss the Donald Trump administration’s disregard for the courts. The White House has ignored a judge’s order to turn around a pair of deportation flights and failed to rehire federal workers. A constitutional crisis has arrived. Plus, get ready for a three-bleep Kai rant. And how anime helps explain the GOP’s attempt to get around the real cost of its $4 trillion tax cut. Here’s everything we talked about today: “Black War Hero’s Medal of Hon...
A Republican-written spending bill is being backed by some Senate Democrats, including Senate Minority Leader Chuck Schumer, to avoid a government shutdown. Other Democrats — and much of the voter base — aren’t happy. We’ll get into it. Then, we’ll close out the week with a round of Half Full/Half Empty, weighing in on Southwest Airlines’ new checked bag policy and $19 strawberries. Plus, in the wake of a certain duchess’ foray into television, what are your thoughts on celeb cooking shows? Here...
In this episode, Kai and Kimberly divide into the back and forth over tariffs. The on-again, off-again levies are making it tough for industries to plan and trade. With all the uncertainty, are markets — from stocks to agriculture — on the verge of becoming untradable? Plus, we’ll wryly smile at a biting, century-old song about farmers who were ticked off about tariffs. (Thanks to our listener, Robert, for sharing his rendition!) Here’s everything we talked about today: “China’s retaliatory tari...
A new contender has entered the podcast landscape: wait, is that California Governor Gavin Newsom? His show features a surprisingly conservative guest list, including MAGA stars Steve Bannon and Charlie Kirk. Kai and Kimberly break down the fourth wall and discuss whether there’s value in platforming guests who hold a different set of values. Plus, more federal layoffs took place this past week, this time in the U.S. Department of Education and its civil rights division. Then, the hosts get smil...
Five years ago, the World Health Organization declared COVID-19 a pandemic. Since then, there have been lockdowns, a recession, two presidential elections and more than a million American lives lost from the disease. In many ways, life feels like it’s back to normal, but David Wallace-Wells, a writer for The New York Times, argues that the pandemic still has a grip on American life, from our faith in public health institutions to the way consumers feel about the economy. On the show today, Walla...
On today’s episode, Kai and Kimberly discuss the future of Biden-era clean energy tax credits under Trump 2.0. A group of GOP lawmakers want them to stay. Meanwhile, the administration is rescinding memos that pushed for climate change-resilient infrastructure. Plus, the hosts weigh in on the arrest of a Palestinian activist and Columbia University student by Immigration and Customs Enforcement agents. Is this the first arrest of “many to come?” Finally, we’ll smile as the cherry blossoms in Was...
President Donald Trump’s family business is suing Capital One for closing its bank accounts in the aftermath of the Jan. 6 attack on the Capitol, arguing the bank violated consumer protection laws. Where’s the Consumer Financial Protection Bureau when ya need ’em? Then, Kimberly breaks down two moves by the White House that could have sweeping consequences for law firms who work on cases against the Trump administration. Plus, we’ll weigh in on Trump’s strategic bitcoin reserve and tariff whipla...
Donald Trump administration officials disbanded two expert committees on economic data this week and suggested altering the way the U.S. calculates gross domestic product. It’s not the first time the administration has hinted at fiddling with important numbers, and a listener wrote in to ask how all this might impact businesses and the market. We’ll break it down. Plus, why is nobody talking about the debt limit? And, congrats to Bill in Ohio on scoring a hat trick! Here’s everything we talked a...
On today’s episode, we’re discussing a pair of recent rulings about the Trump administration’s efforts to cut foreign aid and fire federal workers, leaving us with a “Through the Looking-Glass” moment, where the nonsensical is reality. Plus, we’ll explain some ways to catch a breath in the midst of uncertain economic times. And, we’ll smile at a math problem solved through the power of anime fans. Here’s everything we talked about today: “Supreme Court Rejects Trump’s Bid to Freeze Foreign Aid” ...
The National Women’s Soccer League’s regular season kicks off next week. And thanks in part to a record-breaking media rights agreement and the growth of women’s professional sports across the board, the league is gaining more attention — and investment — than ever. Angel City Football Club became the highest-valued women’s sports team in the world last year when Willow Bay and Bob Iger acquired a controlling stake in the franchise for $250 million. Julie Uhrman, the team’s CEO and co-founder, s...
Today, we’re talking about one of Kai’s favorite topics: bonds! The yield on the 10-year Treasury note (the benchmark for mortgages and car loans) is down sharply, which is great for consumers. But it’s happening for not necessarily great reasons. We’ll explain. Plus, why Kimberly is keeping a close eye on one of her go-to government websites. And, she’ll share tales from her trip to Venice’s famed carnival. Here’s everything we talked about today: “Key Interest Rate Falls as Worries About the E...
Kai and Nova discuss the implications of the Trump-Zelenskyy meeting on the global economic order, with Nova sharing her personal perspective as an immigrant. They then play Half Full/Half Empty, debating topics like Skype's shutdown, quantum computing, book blurbs, and a 24-hour economic blackout, revealing their takes on current events and trends.
On today’s episode, we make you smarter by answering your pressing questions about this economy: Will cuts to the federal workforce make any difference to the unemployment rate? Also, have we all been totally oblivious to a private sector recession? (Spoiler: No!) We’ll explain. Plus, listeners sound off on smile-worthy moments from their week! Here’s everything we talked about today: “How Will Shrinking the Federal Workforce Impact the Labor Market?” from Wells Fargo “How DOGE cuts might show u...
Kai has been tracking news about a giant asteroid heading toward Earth. NASA says we’re safe, for now! But first, the hosts discuss troubling trends in the news business and a shift in who gets to exert control over media narratives. And, we’re keeping a close eye on growing fears over possible layoffs. Here’s everything we talked about today: “US Workers Cite Growing Layoff Fear in Philadelphia Fed Survey” from Bloomberg “White House takes control of press pool that covers Trump” by BBC “Washin...
Today, we’re sharing the first episode of “Unlocking the Gates,” a series from Marketplace and APM Studios hosted by special correspondent Lee Hawkins. He tells the story of how the Minnesota suburb he grew up in went from being a place where the housing market was inaccessible to Black families to one where many Black families found economic opportunity. And it all started with a nighttime business deal....
A week after Apple CEO Tim Cook met with President Donald Trump, the company said today that it plans to invest $500 billion in the U.S. over the next four years. Is Apple aligning with Trump’s America First agenda? We’ll explain why Apple’s domestic investment isn’t what you may think it is. Plus, how would you respond to an email from your boss with the subject line: “ What did you do last week? ” And, a big thank you to Tammy from Oregon for today’s Make Me Smile moment. Here’s everything we ...
The Supreme Court on Friday chose not to intervene in a case involving President Donald Trump’s firing of an independent agency head. As the case is passed back to the lower courts, it tees up a legal battle that will test the president’s power to dismiss officials. We’ll get into what this could all mean for the Federal Reserve. And, U.S. national parks are being hit by the administration’s purge of the federal workforce. Plus, we’ll weigh in on Birkenstocks, prebiotic sodas and the “White Lotu...
Things are getting tense at the Internal Revenue Service. Layoffs are looming smack in the middle of tax season as part of DOGE’s mission to cut the federal workforce. Meanwhile, the commerce secretary says President Donald Trump wants to abolish the agency altogether. Get ready for a Kai rant! Plus, Trump wants to know if there’s still gold at Ft. Knox. No, really! And, finally, we’ll smile about all the good things that have happened to you lately. Here’s everything we talked about: “Joint Chi...
A growing number of young American consumers say they’re opting out of the economy entirely or pulling back from spending at certain stores over their political views. We’ll explain how this trend could collide with other economic shifts, creating the perfect recipe for a recession. Plus, by popular demand, we unpack a recent feat of nature: beavers successfully taking on civil engineering! Here’s everything we talked about: “Kremlin Message to Trump: There’s Money to Be Made in Russia” from The...
Today we’re talking about bird flu. It’s infecting flocks of chickens, causing egg prices to rise across the country, plus herds of dairy cattle and people are getting sick too. And all of this is happening amid sweeping changes at U.S. federal health agencies. The Trump administration has ordered mass firings and limits on public communications at agencies including the Centers for Disease Control, hindering its ability to keep the public informed. On the show today, Jessica Malaty Rivera, an e...
Associated Press journalists have been blocked from accessing spaces like the Oval Office after the organization opted not to use the term “Gulf of America.” We’ll unpack the conundrum this creates for other news outlets covering the White House. And, while the GOP eyes spending cuts to key social safety net programs, some Republican representatives are feeling pressure from their constituents. We’ll get into it. Plus, a penny for your thoughts on getting rid of the penny. We’ll weigh in during ...
Elon Musk and his DOGE team have been inside the pipes of the federal government on a mission to cut government spending and root out waste. We know government waste exists. But today, we’ll explain the problem with the way DOGE is going about it. Plus, blue state Republicans and their newfound power! And, stick around for your daily dose of positive news: We’ll hear about some of the good things that have been happening to “Make Me Smart” listeners. (Keep ‘em coming!) Here’s everything we talke...
Throughout the 2024 election campaign, voters kept saying the economy felt bad, even though it looked good on paper. A new report blames that disconnect on the way the government measures the economy — sending economic circles abuzz! We’ll explain what the tizzy is all about. Plus, is the Senate confirmation process for federal officials still useful? And, we’ll smile about the adorableness that is the 149th Westminster Kennel Club Dog Show. Here’s everything we talked about today: “Voters Were ...
If President Donald Trump goes through with his plan to levy sweeping tariffs on foreign imports, it wouldn’t be the first time the U.S. has done such a thing. Ever heard of the Smoot-Hawley Tariff Act of 1930? Anyone? Those tariffs are widely credited with sinking the United States deeper into the Great Depression. And although global trade looks different nowadays, they can teach us a lot about how Trump’s protectionist approach to global trade could play out. On the show today, Inu Manak, a f...
President Donald Trump’s recent steps to remove federal employees is drawing comparisons to government purges during the Red Scare of the 1950s. What’s at stake when government workers are pushed out? We’ll break it down. Plus, we’ll explain why a ruling in one of the lawsuits over Trump’s funding freeze is a biggie. Finally, tell us something good that happened to you lately! Here’s everything we talked about today: “Judge Rules That Trump Administration Defied Order to Unfreeze Billions in Fed...
