Marketplace

Marketplace

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

June 29, 2022 28 min

As some states curtail abortion care, others are moving in the opposite direction. Today, we take a trip to Maryland, where a new law expands the number of workers able to perform abortions as providers in the state anticipate a surge in demand. Plus, ports work to ease shipping congestion, federal funding for COVID treatments dwindles and Hong Kong’s reputation as a global financial hub shifts.

Your donation powers the journalism ...

Share
Mark as Played

Home prices were up over 20% year on year in April. Meanwhile, people are flipping houses at the highest pace since 2000. But that trend may slow as mortgage rates and labor costs continue to climb, cutting into profits. Also in today’s episode: the proposed cap on Russian oil prices, Old Navy’s struggles with inclusive sizing and a Connecticut law limiting “captive audience” anti-union meetings.

Your donation powers the journalism...

Share
Mark as Played

A growing list of employers will offer a new benefit: covering expenses for out-of-state abortion care. But existing benefits, like paid family or sick leave, already splinter along race and class divides, and these new benefits are unlikely to reach those most likely to seek abortion care. Plus, assessing war’s damage to Russia’s economy and looking at the “narrow path ahead” for countries around the world to escape recession.

You...

Share
Mark as Played

The Supreme Court’s decision to overturn Roe v. Wade won’t just make abortions more expensive and difficult to access; it’s also expected to exacerbate economic disparities between people who can afford access to reproductive services and those who can’t. Today, a look at the ruling’s impact. Plus, a recap of Fed Chair Jerome Powell’s trip to Capitol Hill and companies’ evaluation of hybrid work.

Your donation powers the journalism...

Share
Mark as Played

Low-paid workers have seen some of the biggest pay increases since the start of the pandemic. But those gains are already slowing as the Federal Reserve puts the brakes on the economy and cools the labor market. Today, we dig into the real-world consequences of the Fed’s decisions. Then, a reevaluation of credit card late fees, a potential moratorium on cryptocurrency mining and high inflation across the pond.

Your donation powers ...

Share
Mark as Played

Let’s state the obvious: The pandemic is definitively not over. But plenty of larger companies are rolling back COVID restrictions and signaling the end is near. Today, we delve into how corporations make those decisions and how they shape the public’s pandemic mindset. Plus, the future of commission-free stock trading, the ripple effects of pilot shortages and the incarcerated youths who fight wildfires.

Your donation powers the j...

Share
Mark as Played
June 21, 2022 28 min

The stakes are high for the Federal Reserve as it hikes interest rates in its effort to tame rising prices. Getting it wrong could spawn a recession. But different economists use different models to predict the likelihood, magnitude and timing of an economic downturn — so estimates are all over the map. Later on today’s show: a breakfast table breakup, competition among real estate agents and lessons from pandemic-era career shifts...

Share
Mark as Played

Juneteenth commemorates the day enslaved Black Texans were informed of the Emancipation Proclamation, though it was years late. While the emancipation from slavery is nearly 160 years old, the economic emancipation of Black Americans is ongoing. Today, we’ll take a look at the structural and legal barriers that have prevented Black Americans from building wealth and what can be done to correct it. Plus, the still-hot housing market...

Share
Mark as Played

After delta and omicron, employers’ return-to-office plans have run into another hurdle: the price of gas. Plus, how the Federal Reserve is letting an “unsustainably hot” job market cool off; and Raphael Bostic, head of the Atlanta Fed, tells us he understands that inflation is “going to weigh on your psyche.”

Share
Mark as Played

Rising prices are a problem around the world, and dozens of central banks are hiking interest rates in response. Today, we delve into the global forces driving inflation and look at the countries most vulnerable to higher interest rates and recessions. Later in the program: a housing market that may be cooling, a patent system that irks inventors and rising costs that challenge schools’ creditworthiness.

Share
Mark as Played

Today, the Federal Reserve hiked its key interest rate by three-quarters of a percentage point — the biggest increase since 1994. The move will come with some pain for consumers as the Fed tries to slow the economy and get Americans to spend less. But, if retail sales offer any insight, that may already be happening. Plus, an oil demand forecast and a new Department of Education position.

Share
Mark as Played

The savings rate has plummeted since the height of the pandemic as Americans grapple with rising costs. Thing is, that pandemic stockpile of cash — when coupled with janky supply chains — helped fuel inflation in the first place. Today we dig into that relationship. Plus, another crypto winter, the state of Gen Z’s finances and the connection between unfilled jobs and unemployment.

Share
Mark as Played

The economic word of the day is … “ouch.” The S&P 500 entered bear market territory as the Dow Jones Industrial Average shed almost 900 points. Meanwhile, inflation remains at a 40-year high while consumer sentiment is in the toilet. On today’s program, we’ll dig into recessionary fears and rate hike expectations ahead of tomorrow’s Federal Reserve meeting. We’ll also unpack the new bipartisan gun control framework and preview ...

Share
Mark as Played
June 10, 2022 27 min

One of the causes of the grimace-inducing inflation we’re experiencing is a congested global supply chain. Port bottlenecks are finally easing, but we’re not in the clear yet. With COVID-19 restrictions lifting in China, the U.S. could be in store for what one freight broker calls a “freight tsunami.” Plus, a look at why inflation is so pervasive and persistent, and creating federal protections workers who face extreme heat.

Share
Mark as Played

A supposed “stablecoin,” a cryptocurrency pegged to the U.S. dollar, collapsed last month. Venture capitalists and crypto hedge funds lost billions, and some average-Joe investors lost everything. Today, we sort through the wreckage. We’ll also dig into the European Central Bank’s rate hike and answer some of your inflation questions.

Share
Mark as Played
June 8, 2022 27 min

Lawmakers and consumer advocates are in a standoff over which agency should regulate cryptocurrencies: the Securities and Exchange Commission or the Commodity Futures Trading Commission. Today, we dive into the debate. Plus, a look at retailers’ continuing inventory woes, the government’s changing definition of “small business” and the costs of school security.

Share
Mark as Played

It’s been tricky for retailers to pin down what consumers want. At the height of the  pandemic, shoppers focused on furniture, appliances and other home goods online, so stores stocked up, betting that the spending on domestic stuff would last. But now that Americans are investing less in furnishings and sweatpants, stores are left with unwanted inventory. Plus, a strong dollar buys stress for international companies and winemakers...

Share
Mark as Played
June 6, 2022 27 min

What’s worse than putting all that time and effort into a job interview, only to be lowballed by your prospective employer? In a tight job market, applicants and new state laws are demanding greater transparency around pay, but some employers are still cagey. Today, we look at how expectations for the interview process are changing. Plus, some companies lower their earnings forecasts, and Shanghai residents spin up DIY supply chain...

Share
Mark as Played

More people are working, but labor force participation is still trailing pre-pandemic levels. Meanwhile, wages are up, but inflation is still eating up gains. On today’s program, we’ll look at what’s going on in an economy that’s simultaneously cooling down and  still recovering. Plus, a bump in applications to historically Black colleges, and a train line fit for a queen.

Share
Mark as Played

We’ve talked a lot about the impact of rising interest rates recently, but the Fed has other tools to fulfill its dual mandate. Today, we’ll look at why the central bank owns mortgage bonds in the first place, and what it hopes to achieve by reducing its stockpile. Plus, the winners and losers of the OPEC+ meeting and what happens when you become your parent’s retirement plan.

Share
Mark as Played

Popular Podcasts

    Will Ferrell reprises his role as Ron Burgundy in the world-famous Ron Burgundy Podcast! Each episode has a different theme in which Ron engages in conversation with another notable person on the topic at hand. In true Ron Burgundy fashion, these conversations have a tendency to go off the rails, and we find out things about people we never knew we wanted to know. Join America’s favorite Anchorman, continuing to delight audiences with the comical musings of Ron Burgundy – and leave them wanting more!

    Dateline NBC

    Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations.

    Stuff You Should Know

    If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks then look no further. Josh and Chuck have you covered.

    Crime Junkie

    If you can never get enough true crime... Congratulations, you’ve found your people.

    The Bobby Bones Show

    Listen to 'The Bobby Bones Show' by downloading the daily full replay.

Advertise With Us

For You

    Music, radio and podcasts, all free. Listen online or download the iHeart App.

    Connect

    © 2022 iHeartMedia, Inc.