Marketplace All-in-One

The cost of employing people didn't go up as much as predicted. At one level, that's too bad since who doesn't want a bigger raise? But if you're worried about interest rates or want inflation to come down, you may see this differently, which may be a bigger story than news of disappointing retail sales. Plus, South African farmers are turning to China for sales, and job market expectations improved in January.

Reuters reports that the Environmental Protection Agency will roll back its "endangerment finding" determination, which had been at the core of its regulation of gases linked to climate change and recognized greenhouse gases as a public health threat. Opponents of the rollback say it could encourage states to write new rules on emissions and allow for more pollution. Then, we'll learn how some states are choosing to conform to federal tax changes (or not) made in last summer's huge spending and tax law.

From the BBC World Service: President Trump says he'll prevent a multibillion-dollar bridge linking Canada and the United States from opening unless Canada compensates the U.S. In a lengthy social media post complaining about Canadian trade practices, Trump suggested the U.S. should own half of the Gordie Howe International Bridge, which connects Ontario and Michigan. We'll hear the latest. Plus, how have farmers been dealing with disruption to export markets resulting from Trump's tariffs?

Graphics processing units (GPUs) have become the most important commodity in the AI boom — and have made Nvidia a multi-trillion dollar company. But the tensor processing unit (TPU) could present itself as competition for the GPU.TPUs are developed by Google specifically for AI workloads. And so far, Anthropic, OpenAI and Meta have reportedly made deals for Google's TPUs.Christopher Miller, historian at Tufts University and author of "Chip War: The Fight for the World's Most Critical Technology," explains what this could mean.

We just had a partial government shutdown, and now we're edging closer to another. It would involve just one federal agency — the Department of Homeland Security. DHS will run out of money this Saturday if Congress doesn't reach a compromise over ICE and pass a funding bill, but other agencies would be affected. Also on the show: the jobs report, buyers of U.S. debt, and Russian strikes on Ukrainian heating systems.

Twice now, figure skaters at the Winter Olympics were told the music they wanted to skate to — and had been practicing to — could not be used. Spain's Tomàs-Llorenç Guarino Sabaté, who wanted to skate to songs and sounds from "Minions," has since secured the rights. Today, we look into the complicated world of sports, music, and copyright. Also on the program: stocks soar in Japan and what warming waters mean for Maine's fishing industry.

From the BBC World Service: Japanese stocks jumped to record levels after Prime Minister Sanae Takaichi's landslide win in a snap general election as investors bet on her vision of a “strong and prosperous” nation. The Nikkei 225 benchmark rose as much as 5.7% on Monday, hitting a record high. We also have a report from Ukraine, where Russian drone attacks on energy infrastructure have left much of the city's population in the freezing cold throughout the country's long winter.

According to surveys by the FINRA Foundation, our knowledge of personal finance here in the U.S. went down by 15% between 2009 and 2021. But what if it actually didn't? What if the technology we use to answer the questions is now getting in the way? In 2021, over half of all respondents used a smartphone to fill out the survey. In 2009, none of them used one, according to data from FINRA's National Financial Capability Study. A new working paper finds that when people use smartphones for surveys they're more likely to respond with the wrong answer or say they don't know. Marketplace's Stephanie Hughes spoke with Montana State University economics professor Carly Urban, one of the authors of the paper, to learn more.

On the whole, consumers are feeling 20% worse about the economy than they were a year ago, according to the University of Michigan Surveys of Consumers. High prices were cited as one concern, but that's been a pain point for years. So what's new? Also in this episode: Uncertainty in the tech sector drums up investor interest in consumer staples, the federal government yanked over 3,000 data sets from public sites under President Trump, and a dancer-educator discusses the business of ballet.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.

Hey Smarties! There won't be a livestream for “Economics on Tap” today. But don't worry! “Economics on Tap” will return soon on Feb. 20. For now, we're sharing a new episode from our friends over at “This Is Uncomfortable.” Enjoy!“Work Drama” is the “This Is Uncomfortable” advice column, answering your questions about sticky work situations. This week, Reema tackles your questions about workplace tension, co-worker cliques, bosses behaving badly, and some bizarre office policies. And she's joined by one of our favorite culture writers and podcasters, Sarah Hagi, who hosts “Scamfluencers.”If you have any work drama going on, we want to hear about it! You can send it to us at uncomfortable@marketplace.org, leave a message at 347-RING-TIU, or fill out the form at the bottom of the page.

The Trump administration has launched the new TrumpRx website, where people can shop for prescription drugs at discounted rates. The site, a hub that points cash-paying customers to five participating manufacturers' websites, went live yesterday. We dig in. Then, it's been a bumpy week for markets. What should we make of it? Plus, we speak with a Minneapolis restaurant owner who says sales are down 50% due to ICE's crackdown in the city.

Software companies are in trouble. Or at least their stocks are. Salesforce is down 25%, and Intuit is down 31%, after startup Anthropic released a new tool sparking fear among investors that software companies are in danger of becoming obsolete. We'll learn more. Then, all kinds of cryptocurrencies are cratering in value, and we'll hear what it's like to be a small business in an anemic job market.

From the BBC World Service: Japanese voters will give their verdict on the government of Sanae Takaichi this weekend after Japan's first female prime minister called a snap election just months into her first term. How is the economy there shaping the election? Plus, Cuban President Miguel Díaz-Canel says his government is trying to solve an energy crisis exacerbated by U.S. sanctions. And we check in with a company on a tiny Scottish island that produces an essential piece of Winter Olympics equipment.

On this week's “Marketplace Tech Bytes: Week in Review,” we take a look at Nvidia's changing investment relationship with OpenAI. Plus, a stormy start for the new U.S. version of TikTok. But first, SpaceX, one of the world's largest rocket companies, announced this week that it's buying xAI, a two-and-half-year-old artificial intelligence startup. Both companies are controlled by Elon Musk. The new company is reportedly valued at $1.25 trillion. It means the chatbot Grok, the satellite internet company Starlink, and the social media firm X are all going to co-exist under the same rocket hangar. Marketplace's Stephanie Hughes spoke with Paresh Dave, senior writer at Wired, about what adding these companies together equals.

The latest JOLTS report is bleaker than expected. There were 6.5 million job openings across the U.S. economy in December, down nearly 400,000 from the previous month. This misaligned labor market is especially prominent in the services sector. In this episode, what's next for employment and which groups in particular are struggling to find work. Plus: The U.S. lags behind China in electrical capacity expansion, bankers show reluctance to lend to AI-impacted industries, and a photographer installs free-to-use phones across his city.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.

As the 2026 midterm elections approach, pollsters and strategists from all over the world of politics are trying to get a pulse on American families. Kimberly recently sat down with a panel of experts at the Aspen Forum on Children and Families to discuss what their research is revealing and what it means for the future of policies that affect children and families across the United States. So, we're sharing some of that conversation today. Spoiler: the economy comes up a lot.Here's everything we talked about today:VIDEO: "Reality Check: What's Really Going On With Families" from the Aspen Institute"Voters See a Middle-Class Lifestyle as Drifting Out of Reach, Poll Finds" from The New York Times"The good, the bad and the ugly of election polling" from “Make Me Smart” We love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.

Treasury Secretary Scott Bessent will be on Capitol Hill again today for another grilling. He's scheduled to appear before the Senate Banking Committee. Yesterday, Bessent appeared before the House Financial Services Committee to talk about oversight of the U.S. financial system, where he sparred with Democrats. And later in the program, wages are making up a shrinking share of overall income. Also: discussions of Fed independence, inflation, and more.

News Corp — the parent company of The Wall Street Journal, Barron's, MarketWatch, and Fox News — announces quarterly profits today. Meanwhile, The Washington Post laid off a third of its staff yesterday. Today, we'll delve into the state of the media industry and why it's such a struggle to find a business model that works. Then, Amazon Fresh and Amazon Go is closing up shop. What went wrong with Amazon's foray into physical stores?

From the BBC World Service: Little luxuries can become routine during tougher economic times. The newest iteration of the “lipstick effect,” the phenomenon is called "little treat culture" on TikTok, where videos using the hashtag have grown by 75% globally over the past year. This morning, we'll delve into the business model of treat-onomics. But first, TSMC confirms plans to make AI semiconductors in southern Japan, and gig workers in India are planning a nationwide strike.

A landmark lawsuit that accuses social media companies of intentionally designing their platforms to be addictive — and causing harm to children and teenagers' mental health — is in court this week in Los Angeles.The defendants in this case are Meta and YouTube, both of which dispute the allegations. Snap and TikTok both settled in advance of the trial.Some are calling this social media's "Big Tobacco" moment. Eric Goldman, co-director of the High Tech Law Institute at Santa Clara University, discusses this as well as a series of lawsuits against the social media giants.

How much do you share with your partner about your finances? Sometimes, a little privacy starts to look a lot like a secret. And secrets (especially the money kind) have a way of becoming problems.On this week's episode, Reema talks to people on the streets of Portland about their real-life money secrets, and chats with divorce lawyer Randy Kessler and couples counselor Jeff Guenther, who've seen how financial secrecy can fracture relationships — and sometimes bring people closer.If you liked this episode, share it with a friend. And let us know what you think by emailing uncomfortable@marketplace.org or calling 347-RING-TIU. Have you ever kept a big money secret from your partner? We want to know! And follow us on Instagram and Tiktok!

“Retail theft” often conjures Hollywood-esque heist scenes or sleight of hand at self-checkout. But 2025 was likely the biggest year on record for another, less glamorous kind of shrinkage: cargo theft. In this episode, how goods stolen right out of a truck raise costs for producers, logistics firms, and yes, consumers. Plus: More data centers plan to build their own natural gas plants, private sector data shows labor market growth is slow but steadying, and Kai visits an award-winning chef in South Los Angeles.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.

The Small Business Administration will no longer allow green card holders to apply for SBA loans. The new policy was announced on Monday and takes effect next month. This program doesn't lend money directly to businesses; it provides loan guarantees to lenders, and the loans are usually cheaper than traditional borrowing. We learn more. Then, for older people, financial strain may be a warning sign of dementia — before doctors or families start noticing symptoms.

Is a degree in economics, long considered a path to stable employment, even worth it in the age of AI? Recent research suggests entry-level economics and business jobs may be especially exposed to automation. That could leave college students wondering if their degree will be outdated by the time they hit the job market. Today, we'll hear how students and schools are adapting. Plus, work requirement changes to SNAP benefits could impact millions of recipients.

From the BBC World Service: Shares in the Danish pharmaceutical giant Novo Nordisk tumbled 17% on Wednesday after the weight-loss drug pioneer warned of a decline in sales this year amid increasing competition and pressure on prices. Then, the United States renewed an agreement that gives 32 African countries duty-free access to the U.S. market. And later, the prime minister of Spain says he intends to ban social media for children under 16.

You can get a pretty good workout plan from a chatbot, but the tech is also being incorporated into all kinds of existing fitness apps, from Apple's Workout Buddy, which motivates you through earbuds, to the Fitbit AI health coach, to Peloton's AI-enabled camera that tracks your form.Nicole Nguyen, personal tech columnist at The Wall Street Journal, gave some of the most popular ones a spin. She spoke with “Marketplace Tech” host Meghan McCarty Carino about her experience.

It's a big week for major televised events: The Winter Olympics kick off Wednesday and Super Bowl Sunday is nigh. Brands used to save their biggest, splashiest ad for such a slot. But this year, firms are pulling out all the stops to avoid controversy, or so much as hinting at a current event. Plus: Disney shows CEO selection is tricky business, PepsiCo announces price cuts on key salty snacks, and retail construction booms in Texas.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.

Hey Smarties! We recorded today's episode before the House passed a spending package that will end the partial government shutdown. We're monitoring the situation as it develops.President Trump has shown no signs of easing his pressure campaign on Federal Reserve Chair Jerome Powell. But this could spell trouble for Trump's pick for Powell's successor, Kevin Warsh. Marketplace's Nancy Marshall-Genzer joins Kimberly to explain. Plus, we'll get into what you should know about Warsh's history at the Fed and more of the latest news from the central bank.Here's everything we talked about today:"Trump's Political Drama With Powell Overshadows Fed Rate Decision" from The New York Times "What would Kevin Warsh bring to the Federal Reserve?" from Marketplace"Fed keeps interest rates unchanged, despite pressure from Trump" from Marketplace"Trump Needs an Off-Ramp for Powell Feud to Speed Warsh Into Fed" from Bloomberg"The economic headache that's coming for Kevin Warsh" from PoliticoWe love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.

Of course, we mean "What would Kevin do?" — Kevin Warsh, that is, President Donald Trump's nominee for Federal Reserve chair. And it's a question plenty of investors are asking as they try to feel out his views on inflation and Fed independence. We'll unpack. Plus, we'll head to Venezuela, where acting President Delcy Rodríguez signed a law last week opening the oil industry there to private ownership after two decades.

Layoff announcements have been coming fast and furious: 16,000 at Amazon; up to 30,000 at UPS; more at Dow Chemical, Pinterest, T-Mobile, and more. These latest workforce reductions won't show up in the January jobs report, but they do suggest a labor market under increasing stress. This morning, we'll dig in. But first, tech companies like Google are considering putting power-hungry data centers used to fuel AI into space. What would that look like?

From the BBC World Service: President Donald Trump announced tariff cuts on goods imported from India and said that, in return, India promised not to buy any more Russian oil. But when Prime Minister Narendra Modi announced the tariff reduction, he didn't mention anything about Russia or its oil. What gives? Then, following the U.S. military action in January, a bill currently before Venezuela's National Assembly aims open its state-dominated oil industry to foreign investment.

In his new book, Wall Street Journal tech columnist Christopher Mims offers a guide for getting the most out of the technology. He's compiled two dozen "Laws of AI" to shed light on the best ways to use these generative tools.Yesterday we talked about how individuals can improve their productivity with AI, and today we're digging into how organizations can use — or sometimes misuse — it.

Productivity — the rate at which companies make what they make, or do what they do — has been a reliably bright spot in this economy. But wage growth hasn't kept up. In this episode, what's hampering compensation growth while overall productivity rises at a clip? Plus: Is AI actually to blame for recent layoffs? Is rising global debt bad news? And, the partial government shutdown will delay crucial employment data.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.

The precious metals market has been on a tear, but experienced a severe correction last week. Part of it has to do with the nomination of Kevin Warsh as Fed chair. We'll discuss it, plus preview this week's big hiring and unemployment reports. Plus, from our partners at the BBC, one out of every five people over 65 in Japan is living with dementia or has early symptoms. How are businesses responding?

In January, five states enacted laws restricting people who receive food aid from buying sugary beverages and snacks. About a dozen more will follow suit later this year. This morning, we'll learn about how that affects SNAP recipients and grocery stores. Plus, last week, gold and silver had their worst declines in decades. Then, as part of Marketplace's "AI and You" coverage, we'll look back at when the dot-com boom led to a rapid expansion of internet infrastructure — similar to what we're seeing today with AI.

From the BBC World Service: After a historic rally, gold has seen its biggest drop in more than a decade. Silver is also down after sharp swings in Asian trading. The rapid decline comes after President Donald Trump announced Kevin Warsh as his nomination for Federal Reserve chair, a pick many hope can continue to preserve Fed independence. Then, we head to Japan, where local tech firms are helping seniors living with dementia.

With all the fanfare surrounding AI these days — the utopian dreams and dystopian nightmares — it can be hard to see the technology as simply a tool that anyone can use to improve their lives.That's what tech columnist Christopher Mims at the Wall Street Journal focuses on his new book "How to AI: Cut Through the Hype. Master the Basics. Transform Your Work.” In it, he outlines two dozen “AI Laws” for how consumers and organizations should think about AI.First up: AI is an assistant, not a replacement.

Activists called for a nationwide shutdown of economic activity Friday, Jan. 30, following another killing by immigration officials. But in this unforgiving economy, small business owners who support the cause faced a difficult decision. Today, a few told us how they navigated the moment. Plus: Sluggish big oil earnings show why Venezuela investment isn't popular, Trump announces his pick for Fed Chair, and parents pay a price for snow days.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.

The Winter Olympics kick off next week in Milan, Italy. On today's show, Kimberly is joined by Jackie Wong, self-described skate nerd and host of “The Rocker Skating Podcast” to break down the basics of Olympic figure skating and who to watch at the Milan Cortina Games. Despite the sport's popularity, figure skaters frequently struggle financially off the ice. We'll get into it. Plus, you pick: real hockey or “Heated Rivalry”? Here's everything we talked about today:"Winter Olympics 2026 guide: All you need to know about the Milan Cortina Games" from AP News"Milan Cortina Olympics: Figure skating could have multiple American golds" from Yahoo Sports"What Should I Watch at the 2026 Winter Olympics?" from The Cut"Around 5 billion people - 84 per cent of the potential global audience - followed the Olympic Games Paris 2024" from the International Olympic Committee "To Go for the Gold, These Olympians Went Into the Red" from The Wall Street JournalWe love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.

This morning, President Donald Trump revealed his choice to lead the Federal Reserve: It's Kevin Warsh, a former Fed governor and more recent Fed critic. If confirmed by the Senate, Warsh would replace Jerome Powell, whose term expires in May. Warsh had called for "regime change" at the Fed. On today's show, we'll dig into Warsh's background and perspective. Plus, from "Marketplace Tech," we'll hear how a Nevada startup is taking used electric vehicle batteries to help power a data center.

An increasing number of states in the U.S. not only require high schools to teach financial literacy but also require them to incorporate the fundamentals of free-market capitalism into their lesson plans. We head back to the classroom to hear how these lessons are changing as a growing number of students voice skepticism about capitalism. (Need to head back to Econ 101? Take our quiz to find out.) Plus, following last week's economic blackout in Minneapolis, we examine the history of general strikes in the U.S.

From the BBC World Service: Panama's Supreme Court has annulled a contract allowing for a Hong Kong company to operate two ports on the major shipping route. The canal handles 5% of all shipping traffic between the Atlantic and Pacific, and the news comes as the Trump administration seeks to curb Chinese influence in the region. Then, Madagascar recently opened its first-ever stretch of highway. Can it speed up trade and spur economic development in the country?