Marketplace All-in-One

A bipartisan law slated to kick in in January would have required TikTok's Chinese owner, ByteDance, to sell the app to an American company or be banned. But the Trump administration delayed the law's implementation for a third time this week. We'll unpack how we got here and chart the app's path forward. Plus: how one U.S. shoemaker is planning to shift the balance from imports to domestic production.

Divestment is often credited with helping end apartheid in South Africa. So can divestment from fossil fuel businesses similarly help make a difference when it comes to climate and the environment? This morning, we're joined by Amy Scott, host of Marketplace's "How We Survive" podcast, to discuss. But first: plans to cut funding for financial literacy and consumer education at the CFPB and headwinds for the consulting industry.

From the BBC World Service: Vacation rental giant Airbnb has lost its appeal against the Spanish government, which ordered the platform to block 66,000 listings from the country. We'll hear more about how the country is being strained by and dealing with mass tourism. Plus, Greenland's government wants to extend a minerals deal signed by President Donald Trump during his first term. Then, can automation help boost U.S. shoe production?

OpenAI and Microsoft are reportedly caught up in protracted behind-the-scenes negotiations that are in danger of boiling over into public conflict. Prosecutors say the man accused of assassinating a Minnesota Democratic lawmaker used online data brokers to help target his victims. And, the Trump Organization unveiled a new venture this week: a mobile service and a smartphone. Marketplace's Nova Safo is joined by Natasha Mascarenhas at The Information, who explains why.

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. In this episode, why buyer competition — in some places — has thinned out. Plus: Federal cuts threaten childcare centers for government workers, Oklahoma teens learn about gambling risks in the classroom and we explain the difference between leading and trailing economic indicators.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.

Following the murder of George Floyd, the social justice movement it accelerated led to a wave of support for Black-owned businesses — from consumers, banks, and big corporations. But a lot of that support has faded away. Today, we'll hear how small business owners have grappled with the ebbs and flows. Plus, as films and television shows opt to film in places like Georgia or New York, businesses in Los Angeles say the move away from Hollywood is hitting their bottom line.

Last month, Marketplace's Mitchell Hartman visited Tulsa, Oklahoma, where he reported on the history of the area's “Black Wall Street” and its destruction during the Tulsa Race Massacre more than a century ago. The city's mayor recently announced a $105 million reparations plan. Tulsa joins a number of localities addressing the racial wealth gap, but if addressed federally, the sum would have to be closer to $16 trillion. We'll hear more. But first: how to tell how factories are navigating tariff pivots.

From the BBC World Service: Oil prices influence the prices of many goods that we buy. Now, mixed signals from President Donald Trump about whether to get involved in the conflict between Israel and Iran are causing volatility in global oil prices and adding to overall economic uncertainty. And, we'll look at how key industries in Thailand are feeling about the prospect of steep U.S. tariffs.

Despite having free primary schools, children in Malawi are lagging behind. According to UNESCO, almost 90% of them cant read a simple sentence at the age of 10, due in part to a shortage of teachers and basic resources. But the government has gone for a high-tech solution — digital tablets.

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 Middle East, forces his hand? In this episode, we break open the Fed oil crisis playbook — but we hope Powell won't need it. Plus, projections show the GOP tax bill will cost more than it makes, AI productivity won't boost humans equally and port logistics get complicated under shifting tariff policy.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.

Every day this week, we'll take a look at the ripple effects of the budget reconciliation bill moving through Congress that would enact President Donald Trump's agenda. Today, we focus on the bill's impact on health care and social programs. We explain how the Senate's version of the reconciliation bill cuts Medicaid more aggressively than the House of Representatives' previous version. Then, we hear from a listener about how the bill's Medicaid cuts could affect the hospitals they work with, particularly in underserved rural areas. Plus, we answer a listener question about how states would absorb the costs of the bill's federal funding cuts. Here's everything we talked about today:“Senate Bill Would Make Deep Cuts to Medicaid, Setting Up Fight With House” from The New York Times“Hundreds of rural hospitals at risk if Medicaid cuts pass, Democrats say” from Healthcare Dive“2025 Budget Impacts: House Bill Would Cut Assistance and Raise Costs for Seniors” from The Center on Budget and Policy Priorities“GOP bill would have states picking up more of the tab for programs like Medicaid and SNAP” from Marketplace“How Would Potential Federal Budget Cuts Impact State Budgets?” from Urban-Brookings Tax Policy Center“What are the Implications of the 2025 Budget Reconciliation Bill for Hospitals?” from KFFGot a question for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

Financial markets are strangely calm so far this morning, given — among other things — continued hostilities between Israel and Iran. As the trading day gets underway, there's been no sign from the White House about whether the U.S. would take military action against nuclear facilities in Iran. We'll try to get a sense of the market. Plus, sometimes taking a vow of poverty is easier said than done. From Marketplace's "This Is Uncomfortable," we'll learn all about a nun's finances.

Contractors provide legally required services for people detained by Immigration and Customs Enforcement. These include medical care, where providers are trying to navigate the administration's assertions that detainees do not have rights to normal due process. Today, we hear about a mental health facility in Colorado that decided not to take this business. Also: a big win for cryptocurrency businesses in the Senate and a look at the horror movie economy.

From the BBC World Service: Japanese vehicle exports to the United States dropped by almost a quarter last month amid the fallout from President Donald Trump's new tariffs. Tokyo has been seeking relief from the 25% U.S. import taxes on foreign-made vehicles, but no agreement has been reached despite a series of high-level talks. Plus, we hear how French wine producers are reacting to the uncertainty around tariff talks.

Protests in Southern California and around the country over raids targeting undocumented immigrants played out differently on social media depending on the person or the platform. They're peaceful - look at the carnival atmosphere. They're violent - Los Angeles is in flames. These competing narratives underline the hyper-siloed nature of online discourse and the power of misinformation. Marketplace's Nova Safo spoke with Renee DiResta, Research Professor at Georgetown University about how protest discourse has been playing out online.

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 fears, it's a tougher-than-usual summer. In this episode, we visit Texas food banks with a simple goal: keep kids from going hungry. Plus, Trump wants to privatize Fannie Mae and Freddie Mac, the cost of basic baby items is up 24% since new tariffs were imposed, and retail sales fell in May.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.

This week, Ryan and Bridget are answering a question about why athletes get paid what they do. In this bonus mini-episode of “Million Bazillion,” Bridget and Ryan hear from Colin Hufman, who competed in the 2022 Beijing Olympics with the U.S. curling team. Curling is a sport that's played on ice, in which players slide granite stones toward a target area. We'll learn about Colin's experience earning income as an Olympic athlete, including payments for medals, monthly stipends and promotional endorsements. The hosts realize that making a living as an Olympian involves a lot more than just training and competing in sports.

“Million Bazillion” listener Alistair wants to know how professional athletes get paid. Bridget and Ryan prepare for the semi-annual Public Radio Foosball Tournament, but their star player is drafted to the opposing team. The hosts have to scramble to assemble players for their dream team in time for the big tournament. In this episode, they learn about labor unions, player trades and statistical analysis strategies used in the movie “Moneyball.”If your family is interested in learning more about the questions we answered in this episode, check out our website. We've got discussion questions and tips!This episode is sponsored by Greenlight. Sign up for Greenlight today at greenlight.com/million.

Today, we take a deep dive into the provisions affecting small businesses and taxes in the “One Big Beautiful Bill,” which aims to enact President Donald Trump's agenda. The bill passed the U.S. House of Representatives in May, and the U.S. Senate released its proposed version of the bill on Monday. The Senate's draft upheld many policies from the House of Representative's version, including cuts to the Supplemental Nutrition Assistance Program. We explain how the ripple effects of those cuts could affect small businesses such as grocery stores and farmers. Also, we dig into the implications of the Senate's proposal to make permanent several business tax breaks. Here's everything we talked about today: “Here's what's in the Senate GOP's version of Trump's ‘big, beautiful bill'" from The Hill“Senate Republicans seek tougher Medicaid cuts and lower SALT deduction in Trump's big bill” from The Associated Press“Tax Cuts and Jobs Act: A comparison for businesses” from the Internal Revenue Service“The Farm Safety Net: A Closer Look at ARC and PLC” from the National Sustainable Agriculture CoalitionGot a question for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

The Trump Organization, the president's family business, is getting into mobile phones. The company is promising a new wireless service — called Trump Mobile — and releasing a new, gold smartphone. The Trump Organization says the phone will be made in the U.S., but industry experts are skeptical about whether that's even possible. Also on the show: how one sneaker broker turned his hobby into a full-time job.

First, we'll take a closer look at Senate Republicans' version of the mega tax and spending bill, which differs from the House-passed version on some flash-point issues. Then, we'll discuss a new study examining the impact of traveling to music events from Reverb, a nonprofit working to create a more environmentally friendly music industry. It finds a lot of interest among music lovers in more sustainable transportation options. But is the infrastructure there?

From the BBC World Service: Chinese carmaker BYD has been slashing prices at home to dominate the market. BYD only relatively recently expanded into international markets and, last year, sold more electric cars worldwide than Tesla. This all has existing established manufacturers in Europe and elsewhere very worried. Plus, we'll head to Spain to hear how the country's olive oil and Iberian ham producers are thinking about American tariffs.

Data analytics company Palantir has many contracts with federal government, just as the Trump administration is reportedly trying to construct a centralized database combining information from various agencies. That's brought Palantir renewed scrutiny. Joseph Cox has been following all of this at the tech news site 404 Media.

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 week could clear things up, and help them make an interest rate decision. Also in this episode: Other central banks have June meetings on the books, domestic steel production ramps up under tariffs — but steel jobs don't — and Halloween came early this year. Like, really early.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.

Every day this week, we're going to take a closer look at the “One Big Beautiful Bill,” which aims to enact President Donald Trump's agenda. It proposes a tax cut and increased spending for border security and the military. It also includes cuts to health, nutrition, education and clean energy programs. Today, we explain the rules around what provisions can go into reconciliation bills, and where the bill currently stands in the legislation process now. Plus, we answer questions from listeners on how the bill could affect their student loans and access to higher education.Here's everything we talked about today:“Senate sidesteps parliamentarian, widens reach of CRA” from Roll Call“Republicans face critical week on Trump megabill” from The Hill“The Senate is assessing the "Big Beautiful Bill" line by line to eliminate non-budgetary measures” from Marketplace“Senate Republican education plan may trigger ‘avalanche of student loan defaults,' expert says” from CNBCGot a question for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

Despite continued protests over immigration policy, President Donald Trump in an online post yesterday directed immigration enforcement to deport more people in the country illegally, specifically those in major cities like Los Angeles, Chicago, and New York. Today, we're continuing to track what more restrictive immigration policy could cost the U.S. economy. But first: What's the biggest risk to the economy right now? The Federal Reserve has to decide.

Nippon Steel's deal to buy U.S. Steel finally crossed the finish line. But there's an unusual aspect to the arrangement: a so-called "golden share," which gives presidents a stake in the merged companies and considerable power. Plus, a website is now live for President Donald Trump's “gold card" visa, intended to attract wealthy individuals. And later, we look at what's behind the bipartisan push to revive American shipbuilding.

From the BBC World Service: The price of oil is in flux as fears ease over a wider war in the Middle East. There have been days of missile strikes between Israel and Iran, and crude jumped by as much as 13% on Friday after Israel hit Iranian military and nuclear sites. Prices have since fallen back. We'll hear more about the market movements. Plus, the inaugural direct flight from the U.S. to Greenland touched down this weekend.

On today's episode of Marketplace Tech, Nova Safo speaks with Ari Redbord, global head of policy with the blockchain intelligence firm TRM Labs, about the recent wave of cryptocurrency “wrench attacks” and why more bad actors are going after high-profile crypto investors with threats of physical violence.

The economic position of the baby boomer generation has long been the envy of younger ones in the United States. But the tides may be turning as the Trump administration seeks deep cuts to social benefits that older Americans rely on. We'll get into it. And, Kimberly joins the show from the National Press Club in Washington D.C., to make us smarter about how the GOP's reconciliation bill could impact the richest and poorest Americans. Plus, we'll play a round of Half Full/Half Empty!Here's everything we talked about today:"GOP tax bill would cost poor Americans, boost highest earners, CBO says" from AP News "Megabill would cost poorest households $1,600 a year, boost richest by $12K, CBO predicts" from Politico "Baby Boomers' Luck Is Running Out" from The Atlantic"Why is everyone so crazy for Labubu toys?" from Marketplace"Booming sales of the latest Nintendo Switch bode well for the gaming industry" from Marketplace"You've Heard of Fine Wine. Now Meet Fine Water" from The New York Times"A federal judge ruled AI chatbots don't have free speech protections — for now" from Marketplace Got a question for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

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 spread all over the world. In this episode, we explain this unintended effect of Trump's inconsistent trade policy. Plus: One woman makes it her mission to provide free student loan advice, Georgia shrimpers struggle to compete with foreign suppliers, and a florist navigates price changes.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.

We're continuing to comb through the evolving big package of tax cuts and spending being worked out by Republicans in the Senate. Today, we explore what the effects could be on businesses. Plus, after Israel launched attacks on Iran's nuclear capabilities, open warfare in the region is forcing money to shift on financial markets. And, President Donald Trump is acknowledging the toll immigration raids are having on some industries that rely on immigrant workers.

From the BBC World Service: In a dramatic heightening of tensions, Israel's military said it had struck "dozens of military targets, including nuclear targets in different areas of Iran." The strike had led to a 10% rise in oil prices. And later on the program: Investigations are continuing to look into what exactly happened to Flight AI171 between Ahmedabad and London Gatwick, which crashed soon after take-off, killing nearly everyone on board.

Today on “Marketplace Tech Bytes: Week in Review,” we're looking at Apple's latest software and operating system updates. Also, there's a tentative labor deal between video game actors and studios. And we'll remember legendary Apple software engineer Bill Atkinson, who died at the age of 74. We begin with Apple's annual Worldwide Developers Conference which came and went this week with some mixed reactions. Marketplace's Nova Safo spoke with Anita Ramaswamy, Columnist for The Information, to get her take on this year's WWDC. Tech Bytes for June 13More on everything we talked about“Apple fails to clear a low bar on AI” - from The Wall Street Journal“Apple underwhelms at WWDC with incremental AI changes, new software name and ‘liquid glass' design” - from The Associated Press”Video game performers on strike for almost a year over AI issues reach a tentative deal” - from The Associated Press“Videogame voice actors strike 'suspended' following agreement with game companies: 'All SAG-AFTRA members are instructed to return to work'” - from PC Gamer“Bill Atkinson, Macintosh Pioneer and Inventor of Hypercard, Dies at 74” - from WIRED“Bill Atkinson, who made computers easier to use, is dead at 74” - from The New York Times

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 years. The problem? Not only would that plan save zero taxpayer dollars, it also goes against the Fed's mandate to keep prices stable. Also in this episode: Amazon announces AI -generated video ads, Save the Children U.S. shifts gears amid USAID cuts, and FEMA puts pressure on local relief organizations.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.

More than 100 years after the Tulsa Race Massacre, the Oklahoma city's mayor recently announced a $105 million reparations package to address the Massacre's lasting impact. Marketplace's Mitchell Hartman joins us on the show today to explain how we got here, and more from his reporting on economic injustice in Tulsa's Greenwood neighborhood. Plus, we'll get into what the new reparations package could mean for Black Tulsans and the push for reparations in other cities.Here's everything we talked about today:"The Tulsa Race Massacre destroyed Black lives and wealth. What's owed to survivors' descendants?" from Marketplace"Black Tulsans still feel effects of Greenwood neighborhood's "second destruction'" from Marketplace "$105 Million Reparations Package for Tulsa Race Massacre Unveiled by Mayor" from The New York Times"$105 million trust to be built for 1921 Tulsa Race Massacre reparations, city says" from Public Radio TulsaWe want to hear from you. Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

The Senate is working through the massive tax and spending bill. The House has passed its version, but the two plans still have to be reconciled. Today, we'll dig into what the legislation could mean for your own personal tax bill and the national deficit. Also on the show: Inflation remains tame despite pricier shipping rates, and booming sales of the Nintendo Switch 2 bode well for the gaming industry.

Many labor unions were once wary of immigrants, viewing them as low-cost competitors for union jobs. Now, changing demographics and common interests have resulted in unions playing a more prominent role in immigrant workforces and communities. We'll hear more. Plus, a bill before the House would claw back more than $9 billion in funding, and a United Nations report shows nearly 138 million children are working worldwide.

From the BBC World Service: U.S. President Donald Trump's economic policies have rattled markets and dented consumer confidence. Few corners of the American market have been spared, from fast food chains to high-profile horse racing events — including the Preakness Stakes, one of three races comprising the Triple Crown. We went along last month to learn what the attitude of race-goers can reveal about the current economic mood. Plus, a review of Washington's multibillion-dollar submarine deal with Britain and Australia.

Building work has started in the Finnish capital Helsinki on what's expected to become the biggest startup campus in Europe. Finland's government says it wants the small Nordic nation to offer the best startup ecosystem in Europe. The BBC's Maddy Savage has this story.

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 be going on. Later in the episode: Retailers have cut close to 76,000 jobs so far this year, a 274% increase from the same period in 2025, and Kai and Nela visit a truss manufacturer juggling H2-B visas, automation and tariffs.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.

President Trump announced a new trade deal with China after days of negotiations. Here's the thing: Trump's tariffs on China will stay the same. So what did the two countries actually agree to? We'll get into it. And, after Health Secretary Robert F. Kennedy Jr. fired a panel of experts that advises the Centers for Disease Control and Prevention on vaccines, doctors and insurance companies are wondering who they should look to for guidance. Plus, a life-sized stuffed moose on Capitol Hill makes us smile.Here's everything we talked about today:"Trump Hails Progress With China, but Details Are Sketchy"  from The New York Times"RFK Jr. just fired the government's vaccine experts. What do you do now?" from Vox"Former CDC director reacts to RFK Jr.'s firing of entire vaccine advisory panel" from PBS News"If you move a moose through the Senate" from Roll Call"An 84-Year-Old Woman on a Pony Inspires Awe—and Concern—in the U.K." from The Wall Street JournalWe want to hear from you. Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.