Episodes
Phoenix has been in the semiconductor business for a while now, but the Biden administration is taking it to another level by sending a major infusion of cash to tech companies in the desert city to expand chip-making capabilities. In this episode, “Marketplace” host Kai Ryssdal visits Phoenix with Washington Post columnist Heather Long. They dig into the challenges of rebuilding the country’s semiconductor industry.
Published 04/30/24
Stocks fall; wage increases could be putting pressure on prices; consumer confidence declines; home prices rise.
Published 04/30/24
The Employment Cost Index advanced 1.2% in Q1; the Case-Shiller home price index advanced 6.4%; consumer confidence is at lowest levels in two years; Walmart exits health clinic business.
Published 04/30/24
Corporations play a major role in emitting climate-altering greenhouse gases, and businesses need to be fully on board if the world is going to avoid the worst of the climate crisis. But lessons on climate change’s effects on business aren’t always taught in MBA programs. Now, a group of educators is trying to change that. Plus: a major FCC fine for cell companies and a preview of the Federal Reserve’s meeting this week.
Published 04/30/24
Students nationwide are pushing colleges and universities to sell off investments in companies they say profit from the war in Gaza. We’ll chart the history of calls for divestment, including student protests more than 30 years ago demanding colleges cut ties with any company that did business in apartheid South Africa. Also, new federal regulation is expected to save hundreds of lives each year, and inflation indexes aren’t one size fits all.
Published 04/30/24
From the BBC World Service: Tesla’s China-based rival BYD became the world’s best-selling electric vehicle maker in January, but has since seen profits drop as slower demand and more competition take a bite. We’ll hear more. Also on this morning’s program: How will England’s Premier League soccer competition — home to giants like Manchester United, Liverpool and Chelsea — change if it adopts a proposed squad spending cap?
Published 04/30/24
A massive general election is currently underway in India. It’s been described as the “largest democratic exercise in history.” And tech platforms are a big part of it. Many Indian voters get their information online, where misinformation and disinformation can spread quickly. That includes deepfakes of prominent public figures, like Bollywood actor Aamir Khan, spreading false information about who or which political parties they are endorsing. Marketplace’s Lily Jamali spoke with Raman Jit...
Published 04/30/24
Ryan feels a little down about not winning a podcasting award. When they get Malin’s question about why it feels so good to spend money, Bridget suggests they go on a shopping spree to cheer him up! And it works — thanks to some brain chemicals and Ryan’s Emotions Elf. But when the shopping trip gets a bit out of hand, those happy emotions turn into regret and fear, and the duo need to get help from experts to understand what shopping does to our brains and how to have a healthier...
Published 04/30/24
Nope. It’s not just your imagination. The Biden administration has been on a roll to finalize several regulations — from changes at nursing homes and updates to Title IX to health care protections for transgender people. Kimberly explains what’s really behind the mad dash. Also, Kai is back with a reminder: Don’t sleep on the foreign exchange market, folks! And we’ll smile about the tales of two cats. Here’s everything we talked about today: “Biden administration strengthens health care...
Published 04/29/24
Warehouses and cargo-moving companies spent a few weeks in limbo after the Baltimore bridge collapse. Now, they’re working hard to reroute goods that usually went through the city’s port, with some truckers driving far and wide to pick up freight redirected to other cities. In this episode, how one cargo transportation company is adjusting. Plus, who will hurt the most from a cap on credit card fees, what economic data the Fed is keeping an eye on this week, and why desk phones are disappearing.
Published 04/29/24
Stocks close higher; FCC says location information was shared illegally; several labor market reports due this week; Federal Reserve’s Open Market Committee meets on Tuesday and Wednesday.
Published 04/29/24
This week, we’re getting important insights on how the U.S. economy is doing. We’ll receive reports on consumer confidence, the unemployment rate and how many jobs are out there. And in the middle of it all, the Federal Reserve is meeting to discuss what to do with interest rates. We’ll sort through it all. Plus, musicians love the sounds of nature. Now, those sounds can help support environmental causes.
Published 04/29/24
House and Senate negotiators have agreed to a sweeping bill to reauthorize the Federal Aviation Administration; Supreme Court turns back Musk’s challenge of Tesla settlement with SEC; McDonald’s, other restaurant chains set to report earnings.
Published 04/29/24
A copper mining company recently turned down a $39 billion takeover bid because it was too low. Right now, the price of copper is near a 2-year high and headed higher. And the metal is critical in many clean energy technologies. Plus, the Federal Reserve is expected to hold interest rates steady at its latest policy meetings. When might that change? We also examine the fallout of a strong U.S. dollar.
Published 04/29/24
From the BBC World Service: Tesla CEO Elon Musk paid a visit to China, where he’s been trying to clear regulatory hurdles that have hindered the company’s self-driving technology roll-out there. Then, Sweden’s police have been inundated with reports from people who have been swindled out of their gold belongings. And later, musicians who sample nature can now split their profits with environmental causes through a new United Nations-backed project.
Published 04/29/24
Robotics company Boston Dynamics announced this month it is retiring its humanoid robot known as “Atlas.” The 6′, 2,330 lb robot was considered a quantum leap in robotics and was famous for parkour stunts and awkward dance moves. Debuting more than a decade ago in 2013, the Atlas robot was a part of a partnership with the Defense Department. It relied on hydraulic power, using pressurized fluid to generate movement. It could do tasks that can be challenging for humans like lifting heavy boxes...
Published 04/29/24
Protests over Israel’s war in Gaza have erupted at universities across the United States. We’ll discuss what the sweeping protests and other high-profile political battles at colleges could mean for the economics of higher education. And, what the Federal Reserve might look like under a second Donald Trump presidency. Plus, we’ll play a round of Half Full / Half Empty! Here’s everything we talked about today: “Protests Threaten College Graduations, Denying Seniors Second Chance at...
Published 04/27/24
People with certain federal student loans have until Tuesday to consolidate them and qualify for debt cancellation. The Department of Education is reviewing over 40 million loan accounts and issuing credit for past payments that previously didn’t count toward forgiveness. Also in this episode: a look at the latest inflation reading, Americans’ savings habits and pop-up coworking spaces.
Published 04/26/24
Stocks close higher; services prices drive 12-month increases; consumer spending up in March; consumer sentiment flat so far this year.
Published 04/26/24
The Fed’s preferred inflation gauge advanced 2.7% on an annual basis; Fed policymakers expected to leave interest rates unchanged next week; Global oil giants report lower profits; Capital One profits jump thanks to more interest income.
Published 04/26/24
The Federal Communications Commission has repealed a Trump-era ruling that ended net neutrality — basically the idea that internet providers can’t favor some sites or apps over others. We dig into why it’s such a hot topic and how the new decision might affect your internet access. Plus, the inflation outlook with Chris Low from FHN Financial.
Published 04/26/24
Consumer sentiment reports reflect a universal truth: Lower income households feel the punch of inflation worse than wealthy households. But affordable housing — and lack thereof — is one issue that brings Americans together, across the wealth divide. Plus, Christopher Bass tells us what it’s like to be a high school basketball coach with a massive social media following. At just 5 years old, he’s got big hoop dreams.
Published 04/26/24
From the BBC World Service: U.S. Secretary of State Antony Blinken met with Chinese President Xi Jinping on Friday — we’ll get into what they spoke about. Plus, Chinese tech company ByteDance says it has no intention of selling TikTok to comply with a new U.S. law. And back in January, Japan Airlines announced its first female president and chief executive. We’ll hear from a former flight attendant who says Japan has a ways to go when it comes to workplace gender equality.
Published 04/26/24
The noncompete clause is dead! American tech workers are poised to benefit from the Federal Trade Commission’s new crackdown on the agreements, which prevent a company’s ex-employees from working for its rivals for a specified time. Also, Tesla’s profits crashed 55%. As electric vehicle sales sputter, we wonder why more players are still speeding into the space. But first, TikTok’s top executive was defiant after the passage of a massive foreign aid package that included a directive to the...
Published 04/26/24
Gross domestic product grew by 1.6% in the first quarter, slower than expected after the six-quarter steak of 2% growth or more. How will the Federal Reserve respond to this data when making its next interest rate decision? Also in this episode: The new deep-water channel helping cargo ships leave the Port of Baltimore, protecting trade secrets with noncompete agreements, and the struggling pneumatic tube business gets a boost from the cannabis industry.
Published 04/25/24