Today, we’re diving into a listener’s question about the new artificial intelligence chatbot on the scene. Chinese start-up DeepSeek’s AI model is said to be more cost-effective, less complex, and in some ways, just plain better than OpenAI’s ChatGPT. We’ll explain why the stock market’s freaking out and what it means for the U.S.-China AI race. Plus, we’ll share a story about a historic test flight that’ll have aviation nerds smiling. And the iconic “When Harry Met Sally” diner scene is recreated 35 years later. IYKYK.

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Today we’re handing the mic over to the team behind “Burning Questions” from Marketplace’s climate solutions podcast “How We Survive” as they survey the devastation on the ground in the Pacific Palisades, and dig into the homeowners insurance crisis. Since the Los Angeles fires broke out, thousands have lost their homes and current estimates say insured losses may exceed $30 billion. The disaster has raised existential questions about the future of the insurance industry and its potential impact on the housing market. Host Amy Scott talks with Carolyn Kousky from the Environmental Defense Fund to find answers.

On today’s episode, Kimberly takes us along her trip to Cuba, a country that remains under strict U.S. economic sanctions. She’ll explains some unique aspects of the Cuban economy, from how the currency works to the island’s complicated complicated past as a colonial outpost for sugar plantations. Plus, what makes the Cuban mojito special.

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Purdue Pharma’s owners in the Sackler family have agreed to a new $6.5 billion settlement to lawsuits over their role in the U.S. opioid crisis. This comes after a previous deal was rejected by the Supreme Court last year. We’ll break down the details of the settlement and what could come next. And, the U.S. housing market is the slowest it’s been in 30 years, but prices aren’t coming down. What gives? Plus, we’ll play a round of Half Full/Half Empty!

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During his first week back in office, President Donald Trump signed several executive orders targeting immigrant communities. We’ll hear how migrant workers are responding. Then, Kimberly explains the fiasco over Trump’s plan to “drill, baby, drill.” Plus, an economics professor shares a 1940s movie pick that’s on point for today’s debate on tariffs.

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Join Amy and Nova tomorrow for “Economics on Tap.” The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.

President Donald Trump drew scrutiny after he and First Lady Melania Trump launched namesake meme coins ahead of his inauguration, triggering a speculative boom and bust. But one exchange-traded fund firm wants to take the meme coins mainstream. We’ll get into the potential risks of incorporating volatile crypto tokens like these into traditional financial markets. And, a public service announcement: It’s OK to take a break from the news. Plus, guest host Matt Levin tells us about a new potential water source for the thirsty American West.

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In his inaugural address, President Donald Trump said he wanted to end chronic illnesses. The promise is part of the Make America Healthy Again campaign pushed by Robert F. Kennedy Jr., who Trump picked to lead the Department of Health and Human Services. It’s a powerful slogan. But experts warn that some of RFK Jr.’s proposals are based on conspiracy theories and false information instead of actions that could actually improve Americans’ health, like backing targeted reforms in the food industry. On the show today, Jessica Knurick, a registered dietitian who decodes nutrition and public health misinformation, joins the show to discuss the business of food, what processed foods actually are, how our food supply became full of them, and why chronic disease disproportionately impacts low-income communities. Plus, the policy solutions she would propose to improve Americans’ health.

Later, as the LA fires continue to burn, listeners share how they’re thinking about climate risk in their neck of the woods. Plus, a sober health journalist changes her mind about Dry January.

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Republicans in Congress want to extend several provisions from the Tax Cuts and Jobs Act, passed during President-elect Donald Trump’s first term, that are set to expire at the end of this year. But they’re expected to be costly — very costly. We’ll unpack the spending cuts the House GOP is eyeing to offset the impact on federal deficits. And, we’ll get into why Paramount is considering settling Trump’s lawsuit over CBS’ interview with Kamala Harris. Plus, we’ll weigh in on the business trends that are in and out for 2025.

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Many TikTok users are joining apps such as RedNote and Lemon8 in anticipation of a TikTok ban in the United States. The problem? They’re also Chinese-owned. We’ll get into how this could turn into a headache for Congress. Then, we’ll unpack Defense Secretary nominee Pete Hegseth’s climate change comments at his confirmation hearing and how people experiencing homelessness in Los Angeles are being impacted by the current fires in a unique way. Plus, a farewell hallucinogenic mushroom story from outgoing Treasury Secretary Janet Yellen.

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Join us tomorrow for “Economics on Tap.” The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.

President Biden today announced a hostage and ceasefire deal between Israel and Hamas aimed at ending the war in Gaza. This comes as Biden is making a string of policy decisions to make it harder for the incoming administration to undo his legacy. We’ll explain. And, when the world feels like too much, how do we cope? Plus, a touching photo essay that zooms in on the work of hospice nurses makes us smile.

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