Beyoncé’s Cowboy Carter tour kicks off tonight in Los Angeles. So far, tickets for the tour are cheaper and easier to get ahold of than during Beyoncé's 2023 Renaissance tour. That's probably less a reflection on Queen Bey and more that feelings of economic uncertainty are replacing post-pandemic revenge-spending habits. We'll hear more. Plus: a drop in cargo ships from China and dealing with debt in your golden years.
Tomorrow marks 100 days of President Donald Trump's second term in office. We're taking a look this week at what this new administration has meant for the U.S. and global economies. We start today by chatting with Zanny Minton Beddoes, editor-in-chief of The Economist Magazine. And later: Tariffs have been used before by countries around the world to attempt to revitalize domestic industrialization. What can we learn from revisiting that history?
From the BBC World Service: From rising prices to falling trade volumes, the impact of radical new U.S. trade policies is starting to filter through. But China says it's still “fully confident” it will achieve its target of roughly 5% economic growth this year, despite the escalating trade tensions. Also, global airline revenues are expected to top $1 trillion for the first time this year — thanks, in part, to pesky fees.
Leyla Isik, a professor of cognitive science at Johns Hopkins University, is also a senior scientist on a new study looking at how good AI is at reading social cues. She and her research team took short videos of people doing things — two people chatting, two babies on a playmat, two people doing a synchronized skate routine — and showed them to human participants. After, they were asked them questions like, are these two communicating with each other? Are they communicating? Is it a positive or...
Americans expect inflation to rise to 6.5% this year according to the University of Michigan’s latest consumer sentiment survey. That’s the highest outlook since 1981. We’ll explain why those high inflation expectations could be keeping Federal Reserve Chair Powell up at night. And, the deal filmmaker Ryan Coogler made with Warner Bros. to make his latest horror movie “Sinners” is anything but ordinary. Could it shake up the Hollywood studio system? "Trump administration reverses abrupt ter...
The stock and bond markets may tumultuous right now, but gold prices have been on a tear. This week, they hit an all time high of $3,500 an ounce. In this episode, why nervous consumers, investment firms and even central banks are trading in cash for gold. Plus: The Trump administration announces incentives to get self-driving cars on the road and the largest passenger ship in the U.S. prepares to be sunk for science.
The Trump administration hopes that tariffs will encourage more products to be made in America. But a new report out this week also says the president's tariffs will be an effective tax increase, with low-income consumers hit the hardest. We'll unpack. Plus, by one analysis, California's economy is now the fourth largest in the world. And later: how the Trump administration is pushing the limits of authority over independent agencies.
In the months since President Donald Trump's re-election, a lot has changed between the United States and Canada. New import taxes and talk of Canada becoming the 51st state, for example. It all adds up to a strained relationship where Canadians feel both betrayed and uncertain about the future. Today, we're visiting Thunder Bay, Ontario to hear more. Plus, we're looking at why more farmers are struggling to pay back their debt.
From the BBC World Service: The U.K.'s Post Office continues to pay millions of dollars to use the bug-ridden Horizon IT system, whose failings resulted in hundreds of wrongful fraud convictions. We'll unpack why the Post Office has failed to switch systems yet. Then, India revokes visas and Pakistan halts trade after a deadly attack in Indian-administered Kashmir. Plus, we'll examine the rise in the price of gold.
It's the last Friday in April and it's time for Marketplace Tech Bytes Week in Review. This week, we'll talk about how the Federal Trade Commission is suing Uber over its subscription service. Plus, how the VC world is navigating the uncertainty created by the trade war. But first, a nonprofit pivot is facing some challenges. Open AI, the maker of ChatGPT was founded about a decade ago as a nonprofit research lab. It's now looking to restructure as a for-profit — specifically, a ...
Ever had an awkward encounter around money while dating? Host Yanely Espinal speaks with author and financial therapist Aja Evans about how to have better money conversations in your romantic life. Think you’re financially inclined? Dig deeper into money and dating: - More suggestions for how to talk about money while dating from Ellevest - Grow your financial intimacy with NPR’s “Life Kit” - Check out The Knot’s 50 affordable date ideas Are you in an educational setting? Here’s a handy listenin...
The Treasury’s Community Development Financial Institutions Fund supports lenders in far-flung and underserved areas. It also made a laundry list of federal programs President Trump deemed unnecessary and ordered to be “eliminated” last month. In this episode, how local banks are preparing for the possibility of losing that critical funding. Plus, leaders in the past who championed tariffs, retailers fret over consumer stress and apartment construction tapers off....
Today, we’re answering questions from our listeners about everything going on in this economy (we know, it’s a lot). Like, whatever happened to that bipartisan bill that would pass authority over tariffs back to Congress? We’ll get into the status of the legislation and how states are jumping into the fight. Plus, we’ll discuss the legality of the Trump administration’s funding freezes and how foreign trade zones are helping some companies avoid sky-high tariffs. Here’s everything we talked abou...
“This Is Uncomfortable” returns with four brand-new episodes about life and how money messes with it. This season: Two best friends, struggling with work and unaffordable child care, come up with an unconventional solution that reshapes their relationship. A woman walks away from a Hollywood career to take a vow of poverty. Our “Money Fight” series is back, following a couple whose search for a dream home turns into a power struggle. And in our new advice series, "Work Drama," we tackl...
Scientists say they have developed a way to measure how much liability individual corporations have for the economic damage caused by climate change. The total cost over decades is calculated at $28 trillion, with 10 fossil fuel companies responsible for more than half of that amount. Plus, we'll read between the lines of the Federal Reserve's Beige Book and hear how a Baltimore community college is rising to meet a hunger for welders.
The government has moved to give immigration officials access to IRS records. The Trump administration wants to use tax information to find people under deportation orders or who have committed crimes. Critics say this move is illegal and could cost the government tens of billions of dollars in tax revenue. Also on the show: international tourism declines in the U.S. and how tariffs are shaping the toy biz.
From the BBC World Service: Australia is planning to stockpile minerals like lithium, nickel and cobalt, which are vital in modern technology. It comes as countries like the United States aim to counter China's dominance in global processing capabilities. Then, the United Kingdom is closing a tax loophole used by Chinese retail giants Shein and Temu to help keep prices low. And later: a trip to Shanghai's motor.
TikTok is going to be testing a new crowd-sourced fact-checking system called Footnotes. It’s seems similar to the Community Notes systems already in use on other social media, such as X and Facebook. TikTok is also keeping its current fact-checking systems in place. The way these community systems generally work is, say someone makes a post stating "whales are the biggest fish out there." Another user could add a note saying "actually, whales are mammals, and here's a source ...
Trump’s tariffs will touch the vast majority of industries, but apparel — clothes, shoes, accessories — will be particularly impacted. Around 98% of clothing sold in the U.S. is imported, primarily from China. In this episode, we look at how tariffs have complicated the apparel supply chain. In short? Even fast fashion may no longer be cheap. Plus: The services sector braces for tariff-induced stings, home sales rose in March and a community bank CEO talks handling uncertainty....
The Overton Window is a concept that helps explain how the range of policies considered politically acceptable shifts over time. But have you heard of the “Ryssdal Window"? We’ll explain how it relates to what’s happening in the markets right now as president Trump hints at a possible change of heart on China tariffs. Plus, the FDA suspended a milk quality testing program. With less federal oversight, can private industries regulate themselves? And, the physics behind a great cup of coffee....
The stock market is open with wind at its back. The Dow is up 2.8%, the S&P 500 is up 3.3%, and the Nasdaq is 4.1%. Market participants attribute this to President Doanld Trump saying he's not going to fire Federal Reserve Chair Jerome Powell. What should we make of this all? Also on the show: a look at Tesla stock movements and an idea to spur spending among China's retirees.
There's no way of sugar-coating it: The numbers from Tesla’s first quarter results were quite bad. That's unsurprising considering the blowback and protests at Tesla dealerships resulting from Elon Musk’s cost-cutting work with DOGE within the Trump administration. Auto sales were down 20%, and profits were down a whopping 70%. Plus, consumer-oriented brands struggle to predict their outlooks amid consumer jitters, and new home construction faces headwinds.
From the BBC World Service: The International Monetary Fund has cut its prediction for global economic growth from 3.3% to 2.8%. In its assessment, it describes President Donald Trump's tariffs as “a major negative shock to growth." Then, China is trying to stimulate its domestic consumption. One idea? "Silver trains." Designed for older people, and offering cocktails and karaoke, these tourism initiatives encourage retirees to travel more inside China....
The use of algorithmic software in setting residential rents has come under scrutiny in recent years. In 2024, the Joe Biden administration sued real estate company RealPage, alleging that its algorithm, which aggregates and analyzes private data on the housing market, enables landlords to collude in pricing and stifles competition. There's no word yet on what the second Donald Trump administration's Justice Department will do with this case. But in the meantime, some cities are banning ...
Can we invest our way out of the climate crisis? That’s the question we started this series with, and in this episode, we try to answer that question. Host Amy Scott pops the hood of her own retirement investments to look at how to reduce their carbon impact, and she shows you how you can too. We visit a battery storage farm in the Bronx to see how New York City is leveraging its shareholder power to accelerate the energy transition. Finally, we look at a phenomenon that has emerged in the wake ...
Verizon lost nearly 300,000 monthly phone subscribers in the first quarter. The telecom giant put partial blame on ongoing government layoffs. Verizon will bounce back, analysts say, but its bad news may be followed by similar corporate disclosures reflecting DOGE-driven funding cuts and an atmosphere of paring back. Later in this episode, the U.S. lags China in nuclear power expansion, economic instability hinders AI data center investment and Catholic nuns struggle to find affordable care as t...
Hey Smarties! Today we’re sharing an episode from our friends over at “How We Survive,” Marketplace’s climate solutions podcast. This season, host Amy Scott and the team dig into the rise of environmental, social and governance-based investing, or ESG, and the right wing backlash that followed. In this episode, the story of ESG’s start revolves around some unexpected players: rabbis, nuns and other faith-based investors....
As the market for electric vehicles matures in the United States, sales of used EVs are climbing. They grew 39% year-over-year in March, according to data from Cox Automotive. Today, we hear how a used EV dealership in New Hampshire has experienced growth — and navigated market swings. And later in today's program: why a California public public school district is offering an elite athletic training program.
The Department of Health and Human Services has stopped the flow of money designated by Congress to protect immigrant children from exploitation. Layoffs have hit legal aid groups across the country that help the tens of thousands of unaccompanied minors who cross the U.S.-Mexico border and are especially vulnerable to forced labor. We'll hear more. But first: hefty tariffs on solar panel parts and DHL's pause on certain shipments to U.S. consumers.
From the BBC World Service: Sky-high tariffs on Chinese goods arriving at the U.S. border are already having a knock-on effect for many companies. Many manufacturers in China are in a state of limbo, having to warehouse stock and hoping for a more favorable trade deal eventually. Meanwhile, the international diamond trade is keeping a close eye on India, where U.S. Vice President JD Vance has been talking trade with Prime Minister Narendra Modi.
