Marketplace
Episodes
How long until SNAP reaches kitchen tables?
03 Nov 2025
Contributed by Lukas
The Trump administration has been court ordered to partially fund this month’s SNAP benefits, after refusing to step in during the shutdown. Emergen...
How the economy went "K-shaped"
31 Oct 2025
Contributed by Lukas
The U.S. economy is increasingly “K-shaped.” That means the gap between the wealthiest companies and consumers, and ... everyone else, is growing....
The case of the missing GDP report
30 Oct 2025
Contributed by Lukas
With the government shutdown delaying the Bureau of Economic Analysis' third quarter GDP estimate, economists turn to Fed models and private analysts....
Nvidia: Boom or bubble?
29 Oct 2025
Contributed by Lukas
Nvidia's market valuation surged to $5 trillion Wednesday, breaking records. The chipmaker is on fire, and it’s using its glut of resources to inves...
AI is here. Where are the new, better jobs?
28 Oct 2025
Contributed by Lukas
Amazon and Chegg both announced layoffs this week; Chegg says AI competition was a factor, and Amazon’s CEO alluded to AI-related job cuts earlier t...
A sluggish spin cycle
27 Oct 2025
Contributed by Lukas
The shutdown has delayed October's durable goods report. But fear not! Michigan-based appliance manufacturer Whirlpool reported earnings today, and th...
Not everyone’s stretching the dollar the same way
24 Oct 2025
Contributed by Lukas
Consumers everywhere are trying to stretch their dollars to compensate for economic uncertainty and inflation. However, there’s a divide between hig...
The national debt hit $38 trillion, and yes, you should care
23 Oct 2025
Contributed by Lukas
The U.S. national debt hit a new record this week: $38 trillion. As we head toward the fifth week of a government shutdown over a congressional budget...
Why is Trump throwing money at the Argentine peso?
22 Oct 2025
Contributed by Lukas
The U.S. just agreed to spend $20 billion on a currency exchange with Argentina. The hope? To put a lid on inflation before Javier Milei, an ally of P...
What are corporate outlooks without federal data?
21 Oct 2025
Contributed by Lukas
Tons of major companies are reporting quarterly earnings and outlooks this week. But with federal data collection on hold, firms don’t have all the ...
How's that BLS data coming along?
20 Oct 2025
Contributed by Lukas
Our picture of the U.S. economy grows fuzzier each day the government shutdown continues. The Bureau of Labor Statistics, which publishes the most rel...
Oil flow or oil freeze?
17 Oct 2025
Contributed by Lukas
A U.S. blockade of Venezuelan oil tankers may sound disruptive, but global oil is plentiful, and Gulf Coast refiners remain tied to Venezuela’s heav...
Regional banks are doing alright, actually
17 Oct 2025
Contributed by Lukas
Two midsize U.S. lenders claimed they were victims of loan fraud this week, sending bank stocks into a tailspin. But by close Friday, markets evened o...
CEO confidence sinks
16 Oct 2025
Contributed by Lukas
CEO confidence fell in the latest quarter of 2025. Executives surveyed by The Conference Board voiced concerns over inflation, tariffs, and global tra...
Time for another supply chain slowdown
15 Oct 2025
Contributed by Lukas
The U.S. retail and supply chain sectors are slowing down — September’s Logistics Managers’ Index hits its lowest point since March. Many retail...
Big banks' boom time
14 Oct 2025
Contributed by Lukas
Amid all the anxiety, uncertainty and flip-flopping in this economy, one sector is doing tremendously: Big banks. Recent earnings reports showed banks...
Trump's tariffs take a toll
13 Oct 2025
Contributed by Lukas
In another wave of tariff news, Trump announced a 100% tariff on Chinese goods that will take effect in November. The constant back and forth of tarif...
The deal with "back door" betting
10 Oct 2025
Contributed by Lukas
Wanna put a wager on, well, just about anything? Try a prediction market. Competing industry giants Kalshi and Polymarket both saw major investment th...
Greenback gains
09 Oct 2025
Contributed by Lukas
The value of the U.S. dollar has been on the rise after months of decline. Political turmoil abroad has hurt other currencies, while easing rates and ...
Our economic future is a black box
08 Oct 2025
Contributed by Lukas
Know how the government shutdown put the kibosh on federal data distribution, like last week’s cancelled September jobs report? Well experts haven’...
Filling the federal data void
07 Oct 2025
Contributed by Lukas
The federal government shutdown drags on this week, leaving a labor data vacuum. Private firms are hoping to fill the gap with their own data sets —...
Are AI financing loops efficient or alarming?
06 Oct 2025
Contributed by Lukas
OpenAI announced it will invest big time in chipmaker AMD, potentially in exchange for a stake in the firm. As AI investment has ramped up, similar de...
The 'K' in 'K-shaped economy' stands for 'kitchen'
03 Oct 2025
Contributed by Lukas
The gap between how high-income and low-income Americans are faring in this economy is growing. One example? Fast food restaurants are struggling whil...
On track for a layoffs record
02 Oct 2025
Contributed by Lukas
The U.S. is on track for the largest number of announced layoffs since 2020. Yay us! (Kidding.) We can thank a combination of federal cuts and their r...
The data dogs are howling
01 Oct 2025
Contributed by Lukas
The government shutdown means crucial jobs data will likely be postponed, right as the Fed weighs its next move. Chicago Fed President Austan Goolsbee...
The "stuck economy," tariffs and Wall Street
30 Sep 2025
Contributed by Lukas
While the stock market appears unconcerned about potential red flags in this economy, the bond market's a bit more cautious. As Washington nears a shu...
The housing market is "locked in"
29 Sep 2025
Contributed by Lukas
Pending home sales rose in August, boosted by a slight drop in mortgage rates. Overall, though, the market remains sluggish — owners don't want to g...
Consumer spending outpaced income — again
26 Sep 2025
Contributed by Lukas
In August, Americans spent more than they made for the third month in a row. Thanks to tariff-induced price bumps, consumers are dipping into savings ...
A quick GDP refresher
25 Sep 2025
Contributed by Lukas
Turns out the economy grew faster than we initially thought in the second quarter of 2025. Between a slowing job market and uncertain trade policies, ...
What's with the streaming price hikes?
24 Sep 2025
Contributed by Lukas
Disney’s streaming platforms — Disney+, Hulu, and ESPN — will see price hikes come October 21. They aren’t alone. As the streaming wars escala...
Rate cut? So what?
23 Sep 2025
Contributed by Lukas
Newly appointed Fed governor Stephen Miran has argued the federal funds rate should be a full two percentage points lower than its current level. A ...
Who's got the pricing power?
22 Sep 2025
Contributed by Lukas
Economic data reports tell us two things are true: Inflation seems here to stay, and consumers haven’t let up on spending. It’s the perfect storm ...
Google raises the stakes of the AI race
19 Sep 2025
Contributed by Lukas
Google announced it will integrate Gemini, its AI assistant, into the Chrome web browser. That will transform Chrome — the most used search engine —...
The job market's bizarre balancing act
18 Sep 2025
Contributed by Lukas
The number of new hires in August was about equal to the number of Americans who lost or quit their jobs in the same month. That means they sorta just...
Hey, big spender!
17 Sep 2025
Contributed by Lukas
The top 10% of earners in the U.S. accounted for nearly 50% of spending in the second quarter — the highest share since Moody's Analytics began co...
The cost of GOP cuts to coal royalties
16 Sep 2025
Contributed by Lukas
Wyoming made billions from coal mining over the last 50 years, funding the government, schools, roads, parks. But President Trump’s major spending b...
The slow death of remote-only jobs
15 Sep 2025
Contributed by Lukas
It’s been five-and-a-half years since lots of workers retreated to home offices at the height of the pandemic. Now, about 35% of Americans work fro...
Small firms cross their fingers for a rate cut
12 Sep 2025
Contributed by Lukas
The Russell 2000, a stock index of smaller companies or “small caps,” has fallen behind the S&P 500 over the past few years. A Fed rate cut, w...
As the job market slows, inflation speeds up
11 Sep 2025
Contributed by Lukas
The labor market has been cooling for a bit, and in some sectors is virtually frozen. That could push the Federal Reserve to cut interest rates. But t...
Why have some prices stayed put?
10 Sep 2025
Contributed by Lukas
Consumer prices have been overall slow to reflect the Trump administration’s new tariffs. So we called up some retailers to understand why they have...
The BLS has a $700 million budget. What's its ROI?
09 Sep 2025
Contributed by Lukas
Budget cuts may be in the Bureau of Labor Statistics' future. But the data collected by the BLS is critical for federal decisionmaking. In this episod...
The price of limiting trade with China
08 Sep 2025
Contributed by Lukas
China's exports to the U.S. are down a third year over year. That’s a significant drop, reflective of President Trump’s punishing tariff agenda. A...
Jobs report warning signs
05 Sep 2025
Contributed by Lukas
Paltry job creation was the headline item in the latest jobs report. But dig a little deeper, and warning signs show up all over: long-term unemployme...
What about the regional Feds? What do they do?
04 Sep 2025
Contributed by Lukas
The Federal Reserve Board of Governors has gotten a lot of attention lately — President Trump is attempting to remove one member and has nominated a...
Slo-mo jobs growth
03 Sep 2025
Contributed by Lukas
Job growth has slowed this summer as employers ride out President Trump's economic shakeups. Thanks to uncertain tariffs, funding cuts, and the immigr...
Short-term corporate borrowing climbs
02 Sep 2025
Contributed by Lukas
“Commercial paper” is a type of short-term debt that’s paid off much faster than a typical corporate bond. It’s kinda like an afternoon snack ...
No, private data can't replace the BLS
01 Sep 2025
Contributed by Lukas
As the Trump administration strips away federal data collection agencies' funding and pressures statisticians to produce positive reports, we might wo...
Sticky inflation, Fed drama and the rise of 'cute' debt
29 Aug 2025
Contributed by Lukas
Core inflation rose to 2.9% in July, according to the latest PCE data — the Fed's preferred inflation gauge — marking its highest level in months....
What's really going on in the Trump economy?
28 Aug 2025
Contributed by Lukas
The U.S. economy grew faster than expected in the second quarter of the year, with GDP revised up to an annualized 3.3% from April through June. We ta...
The relationship between consumer mood and spending? It's complicated
27 Aug 2025
Contributed by Lukas
On Tuesday, the Conference Board reported a slight drop in consumer confidence, driven by worries about available jobs and future incomes. But a dip i...
Can the president remove a Fed governor?
26 Aug 2025
Contributed by Lukas
Late Monday, President Trump announced plans to remove Lisa Cook from the Federal Reserve Board of Governors over unproven allegations of mortgage fra...
For every action, something can go sideways
25 Aug 2025
Contributed by Lukas
President Trump's recent deal with Intel gives the U.S. government a 10% ownership stake in the company. But today, Intel responded with a regulatory ...
Special Coverage from "Marketplace": The Real Costs
25 Aug 2025
Contributed by Lukas
These are tumultuous times in the economy. There is inflation, a weakening job market, and uncertainty over tariffs and other federal policies. But th...
Chili's is back (baby back, baby back)
22 Aug 2025
Contributed by Lukas
Brinker International, which owns casual dining chain Chili’s, just beat 50-year sales and revenue records. In this fickle economic moment, how’d ...
WWJPD?
21 Aug 2025
Contributed by Lukas
Rising unemployment claims will be on Fed Chair Jay Powell's mind when he addresses the Jackson Hole Economic Symposium on Friday, and as he contempla...
Consumers embrace their inner Maxxinista
20 Aug 2025
Contributed by Lukas
A consumer vibes indicator, in the form of two Q2 earnings reports: TJX (which owns TJ Maxx, HomeGoods, and Marshalls) raised its outlook for the rema...
Flat pay raises are a sign o' the times
19 Aug 2025
Contributed by Lukas
In this uncertain economy, employers want to save where they can. That’s likely why Starbucks just joined a growing list of companies to shift from ...
As many shoppers scrimp and stress, the wealthiest splurge
18 Aug 2025
Contributed by Lukas
New context for the strong-consumer-spending-and-falling-consumer-sentiment combo: According to a Boston Fed report, the proportion of spending done b...
Concerned consumers keep on spending
15 Aug 2025
Contributed by Lukas
Recent data show moderate retail sales growth in July — a positive sign for our economy? On the flip side, consumer sentiment fell in an early-Augus...
Producers feel the pinch
14 Aug 2025
Contributed by Lukas
Earlier this week, the July CPI report showed consumer prices remained steady, despite tariff noise. Today’s producer price index tells a different ...
"Hacks" creators on collaboration, S5, and the state of comedy
13 Aug 2025
Contributed by Lukas
HBO Max’s “Hacks” often tackles the push and pull between art and profit in the entertainment industry. It’s a topic the show’s creators are...
Across regions and sectors, inflation zigs and zags
12 Aug 2025
Contributed by Lukas
Ever read past the top line of the consumer price index? That 2.7% inflation rate varies a lot by metro area. The same goes for goods categories. So w...
Tariffs muddy the future of the global oil market
11 Aug 2025
Contributed by Lukas
If President Donald Trump’s tariffs stymie the U.S. economy — which would, in turn, slow the global economy — oil demand will fall. And we're al...
In health care sector, dread over worker deportations
08 Aug 2025
Contributed by Lukas
The U.S. health care sector will lose crucial long-term care providers if the Trump administration suceeds in slashing the Temporary Protected Status ...
Hear that? It's productivity number noise
07 Aug 2025
Contributed by Lukas
American worker productivity grew a modest 2.4% in the second quarter of the year. Good news, right? Well, take a look at the math, and the last few m...
Should we fret over rising household debt?
06 Aug 2025
Contributed by Lukas
The latest household debt report from the New York Federal Reserve is in. Delinquencies are on the rise — specifically, student loan delinquencies s...
The oil-natural gas conundrum
05 Aug 2025
Contributed by Lukas
The U.S. oil and natural gas industry is at a crossroads. As oil demand appears poised to plateau, natural gas demand is in a period of tremendous gro...
Take it with a grain of salt
04 Aug 2025
Contributed by Lukas
As President Donald Trump puts political pressure on the Bureau of Labor Statistics, experts worry BLS data will become less trustworthy. Economists f...
Trump's jobs report retaliation "raises alarm bells"
01 Aug 2025
Contributed by Lukas
The Bureau of Labor Statistic’s July jobs report came in far below expectations. May and June’s counts were also revised down significantly. What’...
Anomaly or omen?
31 Jul 2025
Contributed by Lukas
Employers announced around 62,000 job cuts in July, according to a report from Challenger, Gray & Christmas. That’s up nearly a third from June,...
Let's take a hard look at that GDP growth
30 Jul 2025
Contributed by Lukas
U.S. GDP grew at a healthy clip in the second quarter of 2025. But a mathematical equation can’t convey nuance — like, say, six months of tariff c...
Consumers are still stressed about the job market
29 Jul 2025
Contributed by Lukas
Consumer confidence ticked up in June, according to The Conference Board. At the same time, confidence in the labor market weakened for a seventh cons...
How are lenders and borrowers feeling?
28 Jul 2025
Contributed by Lukas
Since it’s unlikely the Fed will make any interest rate moves at this week’s meeting, it’s safe to assume rates will stay up for at least a whil...
AI and 'surveillance' pricing
25 Jul 2025
Contributed by Lukas
Dynamic or 'surveillance' pricing is a relatively common practice. But what's changed is the sheer volume of our personal data available online, and h...
The dangers of fiscal dominance
24 Jul 2025
Contributed by Lukas
President Trump wants lower interest rates now, but what could that mean for the economy? "Marketplace" host Kai Ryssdal speaks with Neil Irwin at Axi...
A new trade deal with Japan
23 Jul 2025
Contributed by Lukas
Under the new agreement, American consumers will now face a 15% tax on Japanese imports — a major jump from the 1.5% rate set back in 2019. The Whit...
What's at stake if the Federal Reserve loses its independence?
22 Jul 2025
Contributed by Lukas
"Marketplace" host Kai Ryssdal speaks with Greg Ip at the Wall Street Journal about growing threats to the Federal Reserve's independence — and why ...
Looking for economic clues in corporate America
21 Jul 2025
Contributed by Lukas
We like to say it a lot here at Marketplace: the stock market is not the economy. But it can help tell us how the economy is doing — if people and b...
Will August bring a wave of trade deals or a hike in tariffs?
18 Jul 2025
Contributed by Lukas
We’re starting to see the first real evidence of President Trump’s tariffs showing up in consumer prices. But are these manageable, one-time price...
How immigration can bolster an aging workforce
17 Jul 2025
Contributed by Lukas
As a nation’s workforce grows older, innovation and delayed retirement can keep economic gears turning. But so can immigration. In this episode, “...
Can robots help us care for an aging population?
16 Jul 2025
Contributed by Lukas
The number of people 85 years and older is expected to double in the U.K. over the next couple of decades. Apian, a London-based health care logistics...
Want to understand our aging workforce? Look to the U.K.
15 Jul 2025
Contributed by Lukas
By 2050, around a quarter of people in the U.K. will be 65 or older — about ten years before the U.S. reaches that milestone. For our ongoing “Age...
Who pays for tariffs?
14 Jul 2025
Contributed by Lukas
Up and down the supply chain, companies are facing a dilemma: Should they absorb tariff surcharges and keep prices down, or pass on the cost to custom...
The GOP slashed $1 trillion from Medicaid's budget. What now?
11 Jul 2025
Contributed by Lukas
The Medicaid budget just lost about $1 trillion. Eleven million more Americans will go uninsured, the CBO estimates, and those who remain Medicaid-eli...
Reliable earnings outlooks? In this economy?
10 Jul 2025
Contributed by Lukas
When companies release earnings reports, they often predict where they’re headed next, profit-wise. Lately, thanks to all that pesky economic uncert...
Let's get a grip on the labor market
09 Jul 2025
Contributed by Lukas
The June jobs report gave a sunny picture of the labor market. But if you’re, say, looking for a job right now, you may see things a bit differently...
RIP to the EV tax credit
08 Jul 2025
Contributed by Lukas
A tax credit for electric vehicles was killed under the latest GOP tax and spending bill. It's a credit that has existed in some form for nearly 20 ye...
The consequences of tariff uncertainty
07 Jul 2025
Contributed by Lukas
Trump officials signaled tariffs will be once again postponed, possibly to August 1. But as the White House nails down details, some businesses are su...
What happens when states manage public land?
04 Jul 2025
Contributed by Lukas
Some conservatives think states should take over management of federal land. But often, states lack adequate resources, or use land for revenue rather...
Fear of ICE raids keeps California farm workers on edge
03 Jul 2025
Contributed by Lukas
On California farms, ICE raid fears persist — at least half of the state’s crop workers are undocumented. As a result, the farms that grow three-q...
Reading the labor market tea leaves
02 Jul 2025
Contributed by Lukas
Consumer spending sputtered in May, likely thanks to tariffs and related uncertainty. Not only does that give us a clue as to where GDP is headed, it ...
Time for a national debt history lesson
01 Jul 2025
Contributed by Lukas
The Senate just narrowly passed the latest version of the GOP tax and spending bill, and the House will vote on it tomorrow. Nonpartisan experts at th...
An American manufacturing road trip
30 Jun 2025
Contributed by Lukas
Several regional Fed offices reported soft or stagnant manufacturing activity this spring. Tariffs, immigration policy and other uncertainties are dri...
All eyes on the inflation data
27 Jun 2025
Contributed by Lukas
It's been a big week for economic data, with key reports on GDP, PCE, retail sales and consumer sentiment numbers. Bloomberg's Kate Davidson and the W...
Finding work is tough in a stalled labor market
26 Jun 2025
Contributed by Lukas
Continuing unemployment claims just hit nearly two million — the highest number since November 2021. There’s not much hiring right now and workers...
Prepping for all possibilities
25 Jun 2025
Contributed by Lukas
Just two weeks out from the Trump administration’s tariff pause deadline, no one is quite sure what to expect. In this episode, experts weigh in on ...
Consumers couldn't turn frowns upside-down for long
24 Jun 2025
Contributed by Lukas
The Conference Board’s consumer confidence index dropped in June. That’s after a brief reprive in May from a monthslong downward slide. Uncertaint...
Despite Iran conflict, U.S. oil production is unlikely to budge
23 Jun 2025
Contributed by Lukas
After launching air strikes on Iranian unclear facilities over the weekend, President Trump posted to Truth Social, demanding that U.S. oil firms “d...
Auto repair shops struggle under Trump's tariffs
20 Jun 2025
Contributed by Lukas
In the “tariffs the Trump administration has announced and actually put into long-term effect” category? A 25% tax on some automotive parts. In th...
Home sales grow less competitive
19 Jun 2025
Contributed by Lukas
This spring, just 28% of U.S. homes sold above asking price, according to Redfin. That’s the lowest spring rate since 2020. The trend toward selling...