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

August 7, 2025 26 mins

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 growth translated to productivity that might only look strong on paper. Later in this episode: Trump floats a 100% tariff on foreign semiconductors, couples opt for charitable wedding registries, and a mom of six makes a tough ca...

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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 isn’t too alarming, even as consumers lean more on borrowing to get by. Also in this episode: Audi might build a U.S. factory to save on tariffs, a drop in international students could cost the U.S. economy, and Tennessee bans ...

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August 5, 2025 26 mins

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 as a byproduct of oil drilling. Can there be one without the other? Also in this episode: The Trump administration considers slapping tracking devices on semiconductors, Yum! Brands reports a spending slowdown, and new data sho...

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August 4, 2025 26 mins

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 episode, what we can learn from them. Plus, we peek behind the scenes of a municipal bond sale, speak with some economists who aren’t too surprised by the revised jobs numbers, and break down what it means that Trump can nomin...

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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 economic policies — to do? Fire the BLS chief, apparently. In this episode, what happens if President Donald Trump turns federal data collection into a partisan tool. Plus: Medium-sized companies are hit hardest by tariffs and digi...

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July 31, 2025 26 mins

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 layoffs. In this episode, we dissect whether this just a blip, or something to stress about. Plus: Federal data erosion comes with consequences, prices rise but stay behind wage growth, and private equity takes notice of the youth s...

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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 economic growth was more subdued. Also in this episode: The Fed keeps rates as-is despite historic “no” votes from committee members, crypto firms campaign for stablecoin to be the new credit card, and the private sector added a...

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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 bunch of confident consumers if they're stressed about finding work? Plus: SNAP cuts will hurt grocery stores, Americans have to buy foreign goods if we want other countries to buy our goods, and tariff costs negate productivity...

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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 whether to wait out the Fed or get access to capital now, despite the cost. In this episode, local bankers tell us about the current lending climate. Plus: The EU promises to increase U.S. energy spending, credit card issuers le...

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July 25, 2025 25 mins

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 news that Delta Airlines plans to use AI to set up dynamic pricing for a large share of its flights, Marketplace's Kimberly Adams explores how widespread this practice already is in other industries. But first: social media b...

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July 24, 2025 25 mins

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 rates, and why central banks should stay focused on stabilizing the economy, not helping the government manage its debt. Also on the show: One of the pieces passed in the GOP's sweeping budget bill was a measure that would end ...

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July 23, 2025 25 mins

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 encourage more domestic production. But these tariffs could have the opposite effect when it comes to getting manufacturing back on American shores. Also on the show: AI infiltrates the perfume industry. But first, how a weak U.S....

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"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 financial markets around the world. Plus, why investors are chasing riskier bets, how Subway plans to revive flagging sales and what one city is doing to help robotaxis navigate around emergency vehicles.


Every story has an ...

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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 hunkering down. This week, some major companies will report their second quarter earnings, giving us insight into where this economy is headed. Also in this episode: how summer roadwork is hurting businesses in one Vermont town, an...

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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? Ana Swanson at The New York Times and Sudeep Reddy at MSNBC weigh in. Also on the show: what the latest spending cuts say about the balance of power in Washington, and why the USDA is moving away from considering race and gender...

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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 Richardson visit Peckham, a neighborhood in South London that’s long been home to generations of immigrants from all over the world, to understand how newcomers can offset an aging workforce.


Every story has an economic angle. Want...

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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 Service, thinks automation can help. We visit Apian to understand how automated robots could ease the burden of caring for an aging population. Also in this episode: A pilot pushes for menopause policies at British Airways, and ...

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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 economist Nela Richardson take a trip to across the pond to understand how businesses and the government are preparing for an aging population. Plus, hear how one Brit is navigating the job market in his 60s, and check in on a Lond...

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July 14, 2025 26 mins

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 mixed approach. In this episode, how firms are negotiating — and communicating — higher costs. Plus: Economists discuss what they’ll be looking for in tomorrow’s CPI, housing discrimination persists in the fine print of home de...

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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. That could include in-home health care recipients, like 9-year-old Noah. In this episode, we talk with his mom, who lobbied Congress to vote against the bill. Plus: An environmentalist makes a case for solar power, and why the ...

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