Kai Risdahl
π€ SpeakerAppearances Over Time
Podcast Appearances
As you know, the Supreme Court ruled this past February that the president's tariff palooza of April last was illegal.
The White House has indeed started paying out some of the $166 billion it owes American consumers and businesses.
And actually, as Marketplace's Kristen Schwab reports, those deposits are showing up earlier than businesses had been expecting.
Here's one of those what you think a story is going to say is not what the story actually turns out to say stories.
The great state of Oklahoma is among the top producers of oil and natural gas in this economy.
So one might well imagine with crude oil prices around $100 a barrel and President Trump's war in the Middle East dragging on, Oklahoma and the region would be in line for an economic boost.
Says the Federal Reserve Bank of Kansas City, not necessarily.
Marketplace's Elizabeth Troval has the details.
More news from the energy sector now, utility bills to be precise.
It has been a rough couple of years for ratepayers, as most no doubt know firsthand, and it is not about to get better.
New data from the energy nonprofit Powerlines and Ipsos says nationwide utilities requested almost $9.5 billion in rate increases in the first quarter of this year.
That's after they asked for $31 billion in rate hikes in all of 2025, which was more than double of the year before that.
Now, yes, data centers are part of that, but they are not all of that.
Marketplace's Kaylee Wells breaks it down.
Coming up... A lot of screenwriters are really suffering right now.
AI as a side hustle.
But first, let's do the numbers.
Dow Industrials up 645 points today, 1.3%, 50,009.
The Nasdaq climbed 399 points, about 1.5%, 26,270.
S&P 500 added 79 points, 1.1%, 7432.