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.
After decades of globalization, the U.S. may be paying a political price: International leaders are forging new trade agreements independent of American influence. In this episode, as some countries no longer see the U.S. as a reliable trade partner, will the global economy leave America behind? Plus: Sellers outnumber buyers in parts of the housing market, Georgetown’s Dorothy Brown discusses her new book about reparation...
President Trump has announced new tariffs on European Union countries, aimed at forcing a deal for the U.S. to acquire Greenland. But the EU could respond relatively quickly, with sanctions of their own. In this episode, the EU’s “bazooka” option. Plus: Trump’s recent housing proposals won’t fix the fundemental issue driving housing affordability, technology has changed how parents dole out kids’ allowance, and we explain ...
An AI-driven construction boom is coming, some hope. But to build all that infrastructure, the U.S. is going to need a lot more construction workers, plumbers, HVAC technicians, and other skilled workers. And President Trump’s immigration policies actively work against that goal. Also in this episode: Trump withdraws the U.S. from a key global climate change agreement, Americans shell out for at-home coffee setups, and Kai...
President Trump recently ordered government-backed mortgage companies (that’s Fannie Mae and Freddie Mac) to buy up $200 billion in mortgage-backed securities. The last time they bought these bonds was the 2008 financial crisis. Will the move actually lower rates? Probably not much. Also in this episode: Venture capital can thank AI for a 2025 rebound, banks fight to block stablecoin interest yields, and more young people ...
The unemployment rate in December among people aged 20 to 24 was 8.2%. That’s up nearly a full percentage point from 2024, and much higher than the overall unemployment rate of 4.4%. The job market is tough, and getting tougher, but why is it particularly hard for Gen Z? Also in this episode: Trump’s focus on Venezuelan crude could redirect Canadian oil, companies use surveillance data for “personalized” pricing, and China...
The cost of food consumed at home was up 0.7% month-over-month in December, and 2.4% year-over-year. Go back five years, and grocery prices are up 25%. And like so many things in this economy, the rising cost hurts the poorest Americans most. Also in this episode: Americans carry credit card debt longer than they used to, two ultra-low-cost U.S. airlines make plans to merge, and we get an update from Kansas grain farmers.
<...The Department of Justice has opened an investigation into the Federal Reserve and Chair Jerome Powell, a move Powell has since called "an unprecedented action [that] should be seen in the broader context of the [Trump] administration's threats and ongoing pressure" to lower interest rates. We take a closer look at what’s happening from inside the Fed, and look at the implications for the economy as a whole.
Every sto...
The rate of jobless Americans who’ve been out of work for over 27 weeks — also known as “long-term unemployed” — hit 26% in December, according to the latest jobs report. That’s the highest it’s been since February 2022. In this episode, why the rate is rising and what it says about the broader economy. Plus: Businesses curb 2026 growth plans, a farmer discusses AI in agriculture, and we check in with an Asheville, North C...
Labor economists will tell ya, productivity growth leads to more hiring. The idea is, once a company is operating more efficiently, they’ll try expanding, which usually comes with new jobs. But in this frustrating and bizarre economy, data show major productivity gains and a stagnant labor market … coexisting? Also in this episode: New York City expands a free child care program, one reporter tries to do the job(s) of the ...
The job market has been steadily losing steam and workers have noticed. Though the unemployment rate remains fairly low, some groups are experiencing heightened job-finding trouble, and overall employment sentiment is falling. In this episode, are job market worriers paranoid or prophetic? Plus: Nvidia CEO announces new AI chips won’t require as-expensive cooling systems, car sales were up in 2025, and economists study why...
This year, amid ongoing economic uncertainty, corporations are expected to refinance old debt, invest in artificial intelligence, and prep for mergers and acquisitions. All of which require extra cash. And how do corporations stretch their budgets? By taking on more debt, of course. Later in this episode: An Altadena small business owner struggles to rebuild after the LA fires, Texas pitmasters weigh rising brisket prices,...
Disruptive geopolitical events often push investors to jump into bonds or sell off stocks temporarily. But when the U.S. military captured Venezuelan leader Nicolás Maduro and President Trump declared control over the oil-rich nation, neither of those happened. In this episode, markets are largely unmoved by Trump’s military intervention. Plus: Experts say jobs data is most important for predicting where the economy is hea...
By the end of the year, at least 18 states will restrict the use of SNAP benefits to purchase “non-nutritious” food and drinks. But the definition of non-nutritious is up to each state. In this episode, the knock-on effects of benefit restrictions, for shoppers and retailers. Plus: Gigantic driverless trucks are poised to transform Minnesota iron mining and a deportation deal between the U.S. and Ghana could deter future e...
The winter holiday season is a key time for nonprofit fundraising — an estimated 30% of annual giving happens in December. But in 2025, highly publicized federal cuts resulted in an individual giving boost throughout the year. In this episode, some nonprofits worry demand will soon outgrow those private donations. Plus: Latino immigrants say deportation fears are reminiscent of the Covid-19 lockdown, communities fight to b...
Total jobless claims fell last week, which is the second-lowest reading in the last two years. Experts, though, say it’s likely a seasonal blip — especially since the labor market has been slowing all year. In this episode, what might be ahead in 2026. Plus: Los Angeles expands rent control, influencers change the consumer economy with “shopaganda,” and tribute bands get a moment in the spotlight.
Every story has an ec...
Home price growth is cooling, new reports show. Though homeowners may be struggling to sell at asking price, it is good news for prospective buyers. Especially those who’ve been waiting on the sidelines for a good deal. But, as with most housing issues, the slowdown is regional. Also in this episode: Auto sales were strong in 2025, Gen Zers see cash in a new light, and an unlikely government funds a U.S.-based GED program ...
The housing market is showing modest improvement, with pending home sales rising over 3% in November and prices growing just 1.2% year over year. Rising inventory and falling mortgage rates mean affordability is improving, though rates likely need to dip below 6% for demand to really pick up. Also in this episode: The 2026 outlook for oil prices and production, a look at which states are getting a minimum wage increase, an...
The number of workers recieving end-of-year bonuses is falling. Some of that has to do with shifting workplace norms and some is related to this tight labor market in which employees stay in jobs without extra perks. In this episode, the state of the holiday bonus. Plus: The history of Play-Doh, the year in anime, and a recap of the week’s economic headlines.
Every story has an economic angle. Want some in your inbox?...
The average cost of heating is expected to jump more than 9% this winter, according to projections from the National Energy Assistance Directors Association. In this episode, why energy bills are up — for home heating and home cooling. Plus: Productivity measurements don’t match up to our service-based economy, Americans invest in U.K. soccer teams, and a growing sector provides training and staffing to AI startups.
E...
The labor market has been tightening all year, and Americans have grown increasingly anxious about their ability to find new jobs. A bit of good news? New unemployment claims fell last week. But that isn’t likely to signal a full job market turnaround in the new year. Plus: AI investment hasn’t slowed under Trump’s tariffs, a TikTok creator shares “recession recipes,” and we learn about the history of Legos.
Every stor...
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