Marketplace

Marketplace

American Public Media
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Every weekday, host Kai Ryssdal helps you make sense of the day's business and economic news — no econ degree or finance background required. "Marketplace" takes you beyond the numbers, bringing you context. Our team of reporters all over the world speak with CEOs, policymakers and regular people just trying to get by.

Episodes (135)

What about the regional Feds? What do they do?

What about the regional Feds? What do they do?

September 04, 2025 26m
The Federal Reserve Board of Governors has gotten a lot of attention lately — President Trump is attempting to remove one member and has nominated another. But there’s more under the central bank...
Slo-mo jobs growth

Slo-mo jobs growth

September 03, 2025 26m
Job growth has slowed this summer as employers ride out President Trump's economic shakeups. Thanks to uncertain tariffs, funding cuts, and the immigration crackdown, most companies aren’t eager to...
Short-term corporate borrowing climbs

Short-term corporate borrowing climbs

September 02, 2025 26m
“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 — perhaps not great for you, but it’ll hold you over until...
No, private data can't replace the BLS

No, private data can't replace the BLS

September 01, 2025 26m
As the Trump administration strips away federal data collection agencies' funding and pressures statisticians to produce positive reports, we might wonder whether private data can fill in the gaps....
Sticky inflation, Fed drama and the rise of 'cute' debt

Sticky inflation, Fed drama and the rise of 'cute' debt

August 29, 2025 26m
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. But despite stubborn inflation and falling consumer...
What's really going on in the Trump economy?

What's really going on in the Trump economy?

August 28, 2025 26m
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 take a closer look at what's driving those numbers,...
The relationship between consumer mood and spending? It's complicated

The relationship between consumer mood and spending? It's complicated

August 27, 2025 26m
On Tuesday, the Conference Board reported a slight drop in consumer confidence, driven by worries about available jobs and future incomes. But a dip in confidence doesn't always mean people spend...
Can the president remove a Fed governor?

Can the president remove a Fed governor?

August 26, 2025 26m
Late Monday, President Trump announced plans to remove Lisa Cook from the Federal Reserve Board of Governors over unproven allegations of mortgage fraud. The move is part of his months-long effort to...
For every action, something can go sideways

For every action, something can go sideways

August 25, 2025 26m
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 filing, outlining all of the ways this deal could...
Special Coverage from "Marketplace": The Real Costs

Special Coverage from "Marketplace": The Real Costs

August 25, 2025 51m
These are tumultuous times in the economy. There is inflation, a weakening job market, and uncertainty over tariffs and other federal policies. But the headlines don’t capture the real costs of...
Chili's is back (baby back, baby back)

Chili's is back (baby back, baby back)

August 22, 2025 26m
Brinker International, which owns casual dining chain Chili’s, just beat 50-year sales and revenue records. In this fickle economic moment, how’d they do it? The answer involves viral fried mozzarella...
WWJPD?

WWJPD?

August 21, 2025 26m
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 contemplates an interest rate decision in September. But...
Consumers embrace their inner Maxxinista

Consumers embrace their inner Maxxinista

August 20, 2025 26m
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 remainder of the year after beating expectations. Over...
Flat pay raises are a sign o' the times

Flat pay raises are a sign o' the times

August 19, 2025 25m
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 merit-based raises to a flat percentage raise. In...
As many shoppers scrimp and stress, the wealthiest splurge

As many shoppers scrimp and stress, the wealthiest splurge

August 18, 2025 25m
New context for the strong-consumer-spending-and-falling-consumer-sentiment combo: According to a Boston Fed report, the proportion of spending done by top-earning U.S. households is growing, and the...
Concerned consumers keep on spending

Concerned consumers keep on spending

August 15, 2025 26m
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-August survey. In this episode, why gloomy shoppers are...
Producers feel the pinch

Producers feel the pinch

August 14, 2025 25m
Earlier this week, the July CPI report showed consumer prices remained steady, despite tariff noise. Today’s producer price index tells a different story: Wholesale prices grew a whopping 3.3%...
"Hacks" creators on collaboration, S5, and the state of comedy

"Hacks" creators on collaboration, S5, and the state of comedy

August 13, 2025 26m
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 deeply familiar with. In this episode, “Marketplace” host...
Across regions and sectors, inflation zigs and zags

Across regions and sectors, inflation zigs and zags

August 12, 2025 26m
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 why is inflation higher in San Diego than Dallas?...
Tariffs muddy the future of the global oil market

Tariffs muddy the future of the global oil market

August 11, 2025 25m
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 already operating at a surplus. In this episode, why the...
In health care sector, dread over worker deportations

In health care sector, dread over worker deportations

August 08, 2025 26m
The U.S. health care sector will lose crucial long-term care providers if the Trump administration suceeds in slashing the Temporary Protected Status program. In this episode, we visit Massachusetts,...
Hear that? It's productivity number noise

Hear that? It's productivity number noise

August 07, 2025 26m
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 months of falling imports and slowing workforce...
Should we fret over rising household debt?

Should we fret over rising household debt?

August 06, 2025 26m
The latest household debt report from the New York Federal Reserve is in. Delinquencies are on the rise — specifically, student loan delinquencies spiked into the double-digits. Experts say the news...
The oil-natural gas conundrum

The oil-natural gas conundrum

August 05, 2025 26m
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 growth. The rub? Most U.S. natural gas is extracted...
Take it with a grain of salt

Take it with a grain of salt

August 04, 2025 26m
As President Donald Trump puts political pressure on the Bureau of Labor Statistics, experts worry BLS data will become less trustworthy. Economists following China say they know the feeling. In this...
Trump's jobs report retaliation "raises alarm bells"

Trump's jobs report retaliation "raises alarm bells"

August 01, 2025 26m
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’s a president — one who’s championed contentious...
Anomaly or omen?

Anomaly or omen?

July 31, 2025 26m
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, and more than double the number of July 2024...
Let's take a hard look at that GDP growth

Let's take a hard look at that GDP growth

July 30, 2025 26m
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 chaos. Clear away the trade drama, and the country’s...
Consumers are still stressed about the job market

Consumers are still stressed about the job market

July 29, 2025 25m
Consumer confidence ticked up in June, according to The Conference Board. At the same time, confidence in the labor market weakened for a seventh consecutive month. In this episode, what good are a...
How are lenders and borrowers feeling?

How are lenders and borrowers feeling?

July 28, 2025 26m
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 while longer. That means potential borrowers are weighing...
AI and 'surveillance' pricing

AI and 'surveillance' pricing

July 25, 2025 25m
Dynamic or 'surveillance' pricing is a relatively common practice. But what's changed is the sheer volume of our personal data available online, and how good AI has become at connecting the dots. With...
The dangers of fiscal dominance

The dangers of fiscal dominance

July 24, 2025 25m
President Trump wants lower interest rates now, but what could that mean for the economy? "Marketplace" host Kai Ryssdal speaks with Neil Irwin at Axios about the implications of Trump's push to cut...
A new trade deal with Japan

A new trade deal with Japan

July 23, 2025 25m
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 White House says making imports more expensive will...
What's at stake if the Federal Reserve loses its independence?

What's at stake if the Federal Reserve loses its independence?

July 22, 2025 25m
"Marketplace" host Kai Ryssdal speaks with Greg Ip at the Wall Street Journal about growing threats to the Federal Reserve's independence — and why it matters not just for the U.S. economy, but for...
Looking for economic clues in corporate America

Looking for economic clues in corporate America

July 21, 2025 26m
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 businesses are spending or saving, investing or...
Will August bring a wave of trade deals or a hike in tariffs?

Will August bring a wave of trade deals or a hike in tariffs?

July 18, 2025 25m
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 increases or the early signs of runaway inflation?...
How immigration can bolster an aging workforce

How immigration can bolster an aging workforce

July 17, 2025 25m
As a nation’s workforce grows older, innovation and delayed retirement can keep economic gears turning. But so can immigration. In this episode, “Marketplace” host Kai Ryssdal and ADP’s Nela...
Can robots help us care for an aging population?

Can robots help us care for an aging population?

July 16, 2025 26m
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 company that partners with the National Health...
Want to understand our aging workforce? Look to the U.K.

Want to understand our aging workforce? Look to the U.K.

July 15, 2025 25m
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 of Work” series, host Kai Ryssdal and ADP chief...
Who pays for tariffs?

Who pays for tariffs?

July 14, 2025 26m
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 customers, and risk losing business? Most are taking a...
The GOP slashed $1 trillion from Medicaid's budget. What now?

The GOP slashed $1 trillion from Medicaid's budget. What now?

July 11, 2025 26m
The Medicaid budget just lost about $1 trillion. Eleven million more Americans will go uninsured, the CBO estimates, and those who remain Medicaid-eligible may lose coverage for "optional" services....
Reliable earnings outlooks? In this economy?

Reliable earnings outlooks? In this economy?

July 10, 2025 26m
When companies release earnings reports, they often predict where they’re headed next, profit-wise. Lately, thanks to all that pesky economic uncertainty, some firms have altered their forecasts or...
Let's get a grip on the labor market

Let's get a grip on the labor market

July 09, 2025 25m
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. What gives? In this episode, we break down the...
RIP to the EV tax credit

RIP to the EV tax credit

July 08, 2025 25m
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 years. In this episode, how the tax break supported...
The consequences of tariff uncertainty

The consequences of tariff uncertainty

July 07, 2025 25m
Trump officials signaled tariffs will be once again postponed, possibly to August 1. But as the White House nails down details, some businesses are suffering while they wait. In this episode,...
What happens when states manage public land?

What happens when states manage public land?

July 04, 2025 26m
Some conservatives think states should take over management of federal land. But often, states lack adequate resources, or use land for revenue rather than recreation or conservation. This...
Fear of ICE raids keeps California farm workers on edge

Fear of ICE raids keeps California farm workers on edge

July 03, 2025 26m
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-quarters of U.S. fruits and nuts are experiencing...
Reading the labor market tea leaves

Reading the labor market tea leaves

July 02, 2025 26m
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 could also help us predict the labor market's next...
Time for a national debt history lesson

Time for a national debt history lesson

July 01, 2025 26m
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 the Congressional Budget Office say the bill will...
An American manufacturing road trip

An American manufacturing road trip

June 30, 2025 26m
Several regional Fed offices reported soft or stagnant manufacturing activity this spring. Tariffs, immigration policy and other uncertainties are driving pullbacks across the sector. In this episode,...
All eyes on the inflation data

All eyes on the inflation data

June 27, 2025 25m
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 Wall Street Journal's Greg Ip join “Marketplace”...
Finding work is tough in a stalled labor market

Finding work is tough in a stalled labor market

June 26, 2025 25m
Continuing unemployment claims just hit nearly two million — the highest number since November 2021. There’s not much hiring right now and workers with jobs aren’t going anywhere. In this static labor...
Prepping for all possibilities

Prepping for all possibilities

June 25, 2025 25m
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 what sort of deals the U.S. is likely to make and...
Consumers couldn't turn frowns upside-down for long

Consumers couldn't turn frowns upside-down for long

June 24, 2025 25m
The Conference Board’s consumer confidence index dropped in June. That’s after a brief reprive in May from a monthslong downward slide. Uncertainty surrounding the job market, tariffs, that GOP tax...
Despite Iran conflict, U.S. oil production is unlikely to budge

Despite Iran conflict, U.S. oil production is unlikely to budge

June 23, 2025 26m
After launching air strikes on Iranian unclear facilities over the weekend, President Trump posted to Truth Social, demanding that U.S. oil firms “drill, baby, drill.” Although ongoing conflict in the...
Auto repair shops struggle under Trump's tariffs

Auto repair shops struggle under Trump's tariffs

June 20, 2025 26m
In the “tariffs the Trump administration has announced and actually put into long-term effect” category? A 25% tax on some automotive parts. In this episode, we visit an auto repair shop in Vermont...
Home sales grow less competitive

Home sales grow less competitive

June 19, 2025 25m
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 at or below asking price is good news for buyers....
Break glass in case of oil price shock

Break glass in case of oil price shock

June 18, 2025 25m
The Fed kept interest rates as-is today, and Chair Powell said policymakers are “well-positioned to wait” before making another move. But what if oil price shock, propelled by roiling conflict in the...
Food banks tackle summer break hunger

Food banks tackle summer break hunger

June 17, 2025 26m
This is a busy time for food banks — without school breakfast and lunch programs, more families lean on them. But between millions of dollars slashed from the USDA budget and heightened deportation...
The Fed's got an interest rate decision to make

The Fed's got an interest rate decision to make

June 16, 2025 25m
The Federal Open Market Committee meets later this week, and it’s pretty likely they’ll examine why tariffs didn’t drive inflation up in May. The good news? A slew of economic data coming out this...
Shipping costs are up. Thank Trump's seesawing trade policy.

Shipping costs are up. Thank Trump's seesawing trade policy.

June 13, 2025 25m
When President Trump slapped sky-high tariffs on goods from China, exporters rerouted ships elsewhere. Now that those tariffs are on pause, shipping costs aren’t magically coming down — the cargo is...
No, the Fed should not stop paying interest on reserves

No, the Fed should not stop paying interest on reserves

June 12, 2025 25m
You might’ve missed it amid all the Congressional budget hoopla, but Senator Ted Cruz recently floated ending Federal Reserve interest payments, claiming it would save a trillion dollars over ten...
Tariff-driven price bloat hasn't arrived just yet

Tariff-driven price bloat hasn't arrived just yet

June 11, 2025 25m
Prices rose 0.1% in May, according to the latest consumer price index — that’s less than some analysts anticipated. It seems tariffs haven’t quite hit consumers’ wallets yet. We’ll explain what might...
Tariff fears likely shrunk the GDP

Tariff fears likely shrunk the GDP

April 29, 2025 25m
When new gross domestic product data comes out tomorrow, economists expect we'll see the first GDP contraction in three years. But the report is backward-looking, so if the GDP did shrink, it will be...
Taxes due today on goods sold tomorrow

Taxes due today on goods sold tomorrow

April 28, 2025 25m
Though it’s hard to say how much tariff-driven sticker shock consumers can stomach, some retailers have begun raising their prices. Other companies are rushing to set up “foreign trade zones” which...
In this uncertain economy, gold shines

In this uncertain economy, gold shines

April 25, 2025 26m
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...
Marketplace

Trump aims axe at community lender fund

April 24, 2025 25m
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...
Say goodbye to affordable clothing

Say goodbye to affordable clothing

April 23, 2025 25m
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...
No job? No office phone? Thanks DOGE.

No job? No office phone? Thanks DOGE.

April 22, 2025 25m
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...
Boeing aircraft, duty-free no more

Boeing aircraft, duty-free no more

April 21, 2025 25m
The scale and volatility of the trade war may be surprising, but tariffs aren’t new — unless you’re an aircraft manufacturer. (A trade agreement eliminated duties on commercial jets in 1980.) Last...
Special Coverage from Marketplace: Selling America

Special Coverage from Marketplace: Selling America

April 20, 2025 51m
Stop us if you’ve heard this before: We’re in an unprecedented economic moment. But this time really is different. America’s place in the global economy is shifting, and what happens next is going to...
A housing market dilemma

A housing market dilemma

April 18, 2025 25m
Some relief seems to have arrived on the housing shortage front — listings are up 9% compared to last year. But buyers who’ve been waiting for more properties to go on the market? Not many are biting....
Amid turmoil, firms cling to their employees

Amid turmoil, firms cling to their employees

April 17, 2025 25m
First-time jobless claims have been pretty stable since the start of March — unlike many other parts of the economy. President Donald Trump’s tariffs and immigration restrictions may not be ideal for...
Tariff anxiety turns fun splurges into stress purchases

Tariff anxiety turns fun splurges into stress purchases

April 16, 2025 25m
We’ve heard about people rushing to replace big-ticket essentials ahead of trade war-related price hikes, but what about stuff that’s more of a want than a need? In this episode: Tariff anxieties...
Counting the ways tariffs disrupt our economy

Counting the ways tariffs disrupt our economy

April 15, 2025 25m
For the first few years of the pandemic, businesses navigated a backed-up global supply chain that left some with excess inventory and others with no inventory at all. Tariffs may cause similar...
Office uncertainty — inside and out

Office uncertainty — inside and out

April 14, 2025 25m
Fear of unemployment jumped 4.6 percentage points to 44% in March, according to a New York Fed survey. That’s the highest it’s been since April 2020. Expect the commercial real estate market to feel...
Expect tariff evasion

Expect tariff evasion

April 11, 2025 25m
Just like some people fudge the numbers to lower their taxes, some companies do the same when paying tariffs on foreign goods. The federal government is mostly trusting that what’s in that shipping...
Eyeing the bond market

Eyeing the bond market

April 10, 2025 25m
Stocks aren’t the only assets in the financial markets that were beat up this week by President Trump’s tariffs. Bonds suffered too. After 3-year Treasury yields rose in the face of disappointing...
Acting on uncertainty

Acting on uncertainty

April 09, 2025 25m
We’ve said it more than once lately: This economy is defined by uncertainty. And as President Trump makes aggressive, if erratic, moves on trade and federal funding, firms and organizations are taking...
A cold snap in corporate bonds

A cold snap in corporate bonds

April 08, 2025 25m
The issuance of corporate bonds has slowed to a crawl, thanks to all that uncertainty in the economy. And without raising money in the bond market, firms may pull back on long-term investments. Also...
Footwear will likely still be “Made in China”

Footwear will likely still be “Made in China”

April 07, 2025 25m
Import levies on Chinese goods amount to 54% right now. But some things that China excels at producing will likely remain in China. In this episode, why shoemaking can’t up and leave anytime soon....
Who will tariffs hurt the most?

Who will tariffs hurt the most?

April 04, 2025 26m
Tariff-driven inflation will hit Americans with the lowest incomes the hardest, slashing their disposable income by at least $1,700 a year, the Yale Budget Lab predicts. We’ll explain why. And the...
Reminder: Tariffs are taxes.

Reminder: Tariffs are taxes.

April 03, 2025 25m
Uncertainty about tariffs and trade policy has been top of mind since President Donald Trump’s election in November. We finally know how high those tariffs will be (between 10% and 54%) and to which...
Q1 dealmaking takes a dive

Q1 dealmaking takes a dive

April 02, 2025 26m
Corporate dealmakers hoped merger and acquisition ventures would heat up this year. But the first quarter of 2025 saw the slowest M&A activity in more than a decade, according to Dealogic. In this...
The negative wealth effect

The negative wealth effect

April 01, 2025 27m
People feel richer — and spend accordingly — when their assets rise in value. That’s called the wealth effect. But when folks get their retirement account statements for Q1 of 2025, they may...
Will owning a home ever be affordable again?

Will owning a home ever be affordable again?

March 31, 2025 26m
Just how expensive has homeownership become? To afford a typical home, households need an income of about $117,000 right now — a 50% increase from $78,000 in January 2020, according to a Bankrate...
Are U.S. consumers finally running out of steam?

Are U.S. consumers finally running out of steam?

March 28, 2025 25m
Consumers say they’re fed up with inflation, then they keep spending. But their behavior could be catching up with their anxiety, an economist told us. The clues are in data released today by the...
Uncertainty, thy name is tariff

Uncertainty, thy name is tariff

March 27, 2025 26m
The U.S. economy grew at a 2.4% annual rate in the fourth quarter of 2024, the Bureau of Economic Analysis reported today. That number tells us where the economy was headed coming into this year. But...
The law of unintended consequences

The law of unintended consequences

March 26, 2025 27m
More tariffs are on the way, this time targeting vehicle imports. President Donald Trump favors import taxes, partly because, he argues, they’ll help shrink the U.S. trade deficit. But if...
Consumer confidence continues to dim

Consumer confidence continues to dim

March 25, 2025 26m
The latest reading marks the fourth straight month of declining consumer confidence, and it fell more than expected. How will the souring mood affect spending and the job market? Also in this episode:...
Will tariffs boost U.S. manufacturing?

Will tariffs boost U.S. manufacturing?

March 24, 2025 29m
The Donald Trump administration wants to strengthen U.S. manufacturing with tariffs on imported goods. We look at the latest purchasing managers report to see if new trade policies have made an...
Measuring a tax cut is all about the framing

Measuring a tax cut is all about the framing

March 21, 2025 28m
We’re tackling a “mysterious and important” question in today’s episode: Should Congress use “current policy” or “current law” baseline when measuring...
These sectors are bracing for price hikes

These sectors are bracing for price hikes

March 20, 2025 27m
More tariffs are set to take effect April 2, and in most cases, American consumers and businesses will pay the tax. We’ll explain why some sectors expect prices to rise as soon as next month...
Fed takes “wait and see” approach with tariffs

Fed takes “wait and see” approach with tariffs

March 19, 2025 26m
Federal Reserve policymakers aren’t cutting interest rates right now, though they expect two rate cuts in 2025. When — and if — those cuts come will depend on how the trade war shakes out. In...
Stress-Googling “recession”? You’re not alone.

Stress-Googling “recession”? You’re not alone.

March 19, 2025 28m
“Recession” recently peaked on Google Trends — a sure sign Americans are sweating the possibility of an economic downturn. But what do the numbers say? Well, the hard data so far reflects...
Working 9 to 5 — and 6 to 11. Maybe weekends too.

Working 9 to 5 — and 6 to 11. Maybe weekends too.

March 17, 2025 27m
About 8.9 million. That’s how many U.S. workers worked more than one job in February — an all-time high, according to the Bureau of Labor Statistics. We spoke with some workers holding multiple...
Will homebuyers spring at lower rates?

Will homebuyers spring at lower rates?

March 14, 2025 26m
Mortgage rates have fallen recently to 6.6% for a 30-year fixed. But will it be enough to bring prospective homebuyers off the sidelines? Not according to one survey, which found some buyers are...
The weakening dollar

The weakening dollar

March 13, 2025 27m
The U.S. Dollar Index has fallen sharply in the last few weeks, thanks largely to tariff flip-flopping and overall economic uncertainty. Typically, significant sustained changes in a currency’s...
Could economic feelings become fact?

Could economic feelings become fact?

March 12, 2025 27m
Just 44% of employees feel confident about the next six months at their company, a Glassdoor survey found — the lowest in nine years. Thank government layoffs, tariff uncertainty and a toughening job...
Remember tariff exclusions?

Remember tariff exclusions?

March 12, 2025 27m
Back in 2018 — the last time President Donald Trump led a trade war — some businesses got tariff exemptions if they imported goods that couldn’t be sourced in the U.S. Was the process to apply...
Selling a “completely destroyed” home

Selling a “completely destroyed” home

March 10, 2025 29m
Terri Bromberg lost her home of 20 years in the Los Angeles fires. Rather than rebuild, the artist and professor chose to sell and move elsewhere. Prospective buyers put in bids without being able to...
The contrarian jobs report

The contrarian jobs report

March 08, 2025 26m
Overall employment dropped last month, according to the monthly jobs report from the Bureau of Labor Statistics. At the same time, employers added jobs to the economy. Weird, right? Well, two surveys...
This isn’t the 2018 trade war

This isn’t the 2018 trade war

March 07, 2025 26m


The Federal Reserve may be steering the economy through another trade war. But this time, the inflation of the last few years complicates its task. Also in this episode: Unemployed...
Uncertainty is a certainty

Uncertainty is a certainty

March 06, 2025 25m
Ask an economist what’s driving decision-making right now, and the answer may well be “uncertainty.” In this episode, the unpredictable environment fuels a range of change: The labor...
Tariff pain and retaliation

Tariff pain and retaliation

March 05, 2025 26m
They’re here: President Donald Trump’s 25% tariffs on goods from Canada and Mexico begin today, as well as an additional 10% tax on goods from China. In this episode, we hear from business...
Bird flu spreads its wings

Bird flu spreads its wings

March 03, 2025 29m
As bird flu proliferates across U.S. farms, infecting chickens, cows and even humans, some public health experts worry that that funding to deal with it has been inadequate. Above all, they say we...
Will Hollywood’s behind-the-scenes workers stay?

Will Hollywood’s behind-the-scenes workers stay?

March 01, 2025 29m
In the past decade, filming outside of Los Angeles has become a cost-effective option for many major studios. And lower housing costs are driving many lighting techs, grips and gaffers to follow. With...
Hope or fear?

Hope or fear?

February 27, 2025 25m
Capital goods orders picked up in January — that’s stuff businesses buy that’ll last a while, like tools and equipment. Is it a sign business owners have money to spend? Or, have tariffs...
The GDP equation

The GDP equation

February 26, 2025 28m
The second Trump administration has made spending cuts a priority  — already, the president has enacted a funding freeze and laid off thousands of federal workers. Reduced government spending will...
A housing reality check

A housing reality check

February 26, 2025 26m
Home Depot, which makes most of its money from renovations, said small projects are driving its sales. That suggests homeowners are staying put — maybe improving the home they have while waiting for a...
Who’s in the consumer-spending driver’s seat?

Who’s in the consumer-spending driver’s seat?

February 25, 2025 30m
The top 10% of earners account for half of all consumer spending in the U.S., a new study shows. In other words, if the goods and services Americans buy in a year were a pie, those with the highest...
Tumbling economic sentiment — especially for Dems

Tumbling economic sentiment — especially for Dems

February 21, 2025 26m
American consumers agree: High prices aren’t going anywhere. All that stress about inflation, and throw in the impact of tariffs, heightens uncertainty, which translates into negative economic...
Access to federal data in flux

Access to federal data in flux

February 21, 2025 25m
Last month, key federal data sets were removed from government websites following actions by the Donald Trump administration, and researchers rushed to preserve the information. David Van Riper of...
Vote with your wallet

Vote with your wallet

February 19, 2025 27m
Nearly half of consumers say they’ve taken action to align their spending with their moral views since the November election, a new Harris Poll shows. That includes boycotting brands based on campaign...
How low can it go?

How low can it go?

February 19, 2025 28m
At the national level, 2.5% is the lowest the unemployment rate has ever been … and that was for just two months in 1953. We’re at 4% right now, but the labor market is pretty tight. In...
All these sellers, but where are the buyers?

All these sellers, but where are the buyers?

February 17, 2025 30m
Tons of sellers listed their homes in January, after months of waiting in vain for mortgage rates to fall. But many would-be buyers are facing economic uncertainty and aren’t ready to make an...
Do you buy the retail sales number?

Do you buy the retail sales number?

February 15, 2025 26m
Retail sales were down in January, but the Census Bureau report — with its mish-mosh of data — can obscure nuances in consumer spending. In this episode, we talk to economists and other experts about...
Time to sell!

Time to sell!

February 14, 2025 26m
Homeowners have been clinging to low mortgage rates for the past few years, stifling the housing market. But new data from Zillow shows once-patient sellers are finally pulling the trigger, despite...
What’s next for BP?

What’s next for BP?

February 13, 2025 26m
After a rough 2024, energy giant BP is expected to announce a “fundamental reset” of its business strategy this month. We don’t know for sure what that means, but industry experts...
Making waves

Making waves

February 12, 2025 26m
The sun isn’t always shining and wind isn’t always blowing, but what if there was an always-available renewable energy source? In this episode, we take a trip to the Port of Los Angeles,...
Some things haven’t changed

Some things haven’t changed

February 11, 2025 27m
A series of policy changes are hitting the economy, but some aspects of consumer behavior have yet to demonstrate change. A Federal Reserve survey shows Americans still gauge future inflation at 3%....
Where did all the normal-priced stuff go?

Where did all the normal-priced stuff go?

February 08, 2025 30m
When you’re shopping, ever feel like your options are low-quality budget items or stuff that’s stunningly unaffordable? The growing gap between the haves and have-nots in the U.S. is...
Trump’s bid to take down the 10-year yield

Trump’s bid to take down the 10-year yield

February 07, 2025 26m
Treasury Secretary Scott Bessent says President Trump’s strategies of “energy dominance, deregulation and non-inflationary growth,” will bring down bond yields even if the Federal...
So, about those tax cuts from Trump’s first term…

So, about those tax cuts from Trump’s first term…

February 06, 2025 29m
In 2017, President Trump overhauled the federal tax structure. Eight years later, the corporate tax part of the deal hasn’t quite “paid for itself,” as promised. But the personal...
Yes, the U.S. owes itself money

Yes, the U.S. owes itself money

February 04, 2025 25m
You know that national debt we’re always talking about? It’s at $36 trillion right now, and around $7 trillion of that is owed … back to the U.S. government. We’ll explain....
Theme of the day: Uncertainty

Theme of the day: Uncertainty

February 03, 2025 29m
Between President Trump’s changeable policy plans and sticky inflation in some sectors, everyone participating in this economy is, in a word, uncertain. In this episode, we hear how...
Employers pay up for health care too

Employers pay up for health care too

January 31, 2025 28m
Spent a lot on health care last year? So did employers. The cost of employee health insurance benefits rose 4 to 5% faster than inflation in 2024. That’s not unusual, but rising premiums do put...
The economy that could be

The economy that could be

January 30, 2025 25m
If you’re a regular “Marketplace” listener, you’ve probably heard of the Fed’s Beige Book. But have you heard of the Tealbook? In this episode, we pull back the curtain...
Cents and sensitivity

Cents and sensitivity

January 29, 2025 26m
When the Federal Reserve changes its key interest rate, borrowing costs adjust accordingly … usually. There are times, though, when they move in the opposite direction. In this episode, we break...
Business opportunity and a tricky balance

Business opportunity and a tricky balance

January 28, 2025 26m
As America’s population ages, so does its workforce. That’s why this week, Kai and ADP’s Nela Richardson are visiting Cumberland County, Tennessee, where a third of residents are 65...
Demographics are destiny

Demographics are destiny

January 27, 2025 28m
It’s a demographic reality: The U.S. has an aging workforce. That’s gonna affect our economy, big time. In this episode, Kai takes a trip to Cumberland County, Tennessee, with payroll firm...
House brands

House brands

January 24, 2025 26m
Private label sales hit an all-time high in 2024, a new report shows. We’re talking about retail stores’ in-house brands, like Costco’s Kirkland or Target’s Everspring. What...
Still looking

Still looking

January 24, 2025 28m
Though first-time unemployment filings barely ticked up last week, continuing claims hit a high not seen since 2021 and nearly 1.9 million Americans are receiving jobless benefits. What gives? A mix...
Buy in bulk and on credit

Buy in bulk and on credit

January 23, 2025 27m
How is the consumer-spending sausage made? Not impulsively — today’s shoppers are value- and credit-savvy. Procter & Gamble attributed its sales growth to bulk purchases against a backdrop...
That’s a headscratcher

That’s a headscratcher

January 22, 2025 29m
President Donald Trump’s first day back in office came with dozens of executive orders and announcements. In this episode, we dig into why some of these decisions aren’t in domestic...

About this Podcast

Copyright
Copyright 2025 Minnesota Public Radio
Language
en