Marketplace All-in-One

Ah, the duality of AI. Spending on the technology is boosting economic growth, yes, but it’s also driving up inflation. (In case you were too distracted by Jensen-Huang-enfreude, wholesale inflation was up 6.5% YoY in October.) What’s the Fed — which hasn’t met its 2% inflation goal in over five years — to do? In this episode, how the central bank might be thinking about AI ahead of its next meeting. Plus: Nvidia execs are likely getting very, very prepared for next week’s earnings call and private equity gets its paws on more and more food and beverage chains.

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.

Read the stories in today’s episode:

• Nvidia this, Nvidia that — doesn't anyone want to talk about inflation data?
• What will happen at Nvidia's impending earnings call?
• This retired HR worker never expected to start an art business in Hawaii
• The AI boom has handed the Fed an inflation problem that rate hikes may not fix
• From cookies to sandwiches, private equity is digging into restaurants

This morning, we learned that the producer price index rose by 0.3% in October, up 6.5% year over year. At this point, the Fed's 2% inflation target feels far away, and wage gains haven't kept up with price increases for some seven months now. And while wealthier households continue to spend, working-class families are increasingly pinched by inflation. We discuss all that, then explain a Supreme Court case centered on the power of government agencies.

Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.

Marketplace Morning Report 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.

Until this week, Nvidia only ever had one CEO: Jensen Huang. Now, Colette Kress — previously the company’s CFO — will take on the role while the company searches for a permanent replacement. It’s the job of a corporate board to cultivate a successor, but that didn’t happen at Nvidia. This morning, we unpack what went wrong. Then, what happens to a small business when it faces eye-popping increases in healthcare premiums?

Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.

Marketplace Morning Report 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.

Read the stories from this episode:

• Nvidia did not have a succession plan. Why?
• “It feels immoral": Small businesses struggle with rising healthcare premiums

Jensen Huang is out as the CEO of Nvidia, and the company’s board named chief financial officer Colette Kress as interim CEO. But a whole lot of questions remain.

Plus, some good news in AI: the debt-laden neocloud CoreWeave delivered strong earnings this week. And, the tech industry’s pivot to the left begins with … Palantir?

Anita Ramaswamy, financial columnist at The Information, joins Marketplace’s Meghan McCarty Carino to explain more on this week’s “Tech Bytes: Week in Review.”

More on this:

“NVIDIA Announces CEO Transition” from Nvidia

“Who Is Nvidia’s Interim CEO Colette Kress?” from The Wall Street Journal

“CoreWeave sparks AI cloud stock rally, lifts Nvidia as results ease bubble fears” from Reuters

“CoreWeave and These Other Stocks Are in the Nvidia Danger Zone” from Barron’s

“Big Tech pivots left” from Politico’s Playbook

“All the Ways Palantir is Assisting Trump’s Abusive Removal Campaign” from ACLU

Big Tech’s AI revolution is in limbo after the resignation of Nvidia CEO Jensen Huang. A giant among tech world giants, Huang played an immeasurable role in the global trajectory of artificial intelligence. What will the chipmaker — and the company so powerful it’s often referred to as AI’s central bank — do without its longtime leader? We’ll discuss. Plus: Tariffs continue to fuel inflation, JetBlue adds first-class tickets, and Bloomberg builds its own consumer price tracker.

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.

Read the stories in today’s episode:

• Is Nvidia "too big to fail"?
• Even as they stabilize, tariffs continue to drive up prices
• A growing Wyoming town faces a housing development crossroads
• After teacher burnout, she stitched together a new career as a fabric store owner
• JetBlue adds first-class seats to boost profits
• Bloomberg built its own high-frequency version of the consumer price index

Jensen Huang has resigned as CEO of one of the biggest tech companies in the world, Nvidia. It's been a week rocked by scandal for Huang after news of two extramarital affairs surfaced, the most recent of which was with a subordinate at the company. While his stepping down may not be surprising, what comes next for the company? Also in this episode: a pulse check on the housing market and a look at agriculture news coming out of Oklahoma.

Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.

Marketplace Morning Report 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.

Read the stories from this podcast:

• Jensen Huang is out. What does that mean for Nvidia and the broader economy?
• Checking in on the Oklahoma economy

The board of Nvidia is reportedly meeting to decide whether to oust CEO Jensen Huang after news of a second extramarital affair. Nvidia stock is down in pre-market trading. This all raises questions about the consolidation of power in one of the biggest companies in the world, responsible for 90% of the chips used in AI. Do we need more guardrails to prevent something like this from spilling into the rest of the economy? And later: how SNAP cuts are playing out in Oklahoma.

Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.

Marketplace Morning Report 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.

Stories from this podcast:

• Nvidia’s Jensen Huang saga begs the question: Do too few companies have too much power?
• Checking in on the Oklahoma economy

An increasing number of school districts are restricting phones in the classroom, and a series of major lawsuits against social media companies have led some platforms to make significant changes to how they operate. But, bans or not, the reality is that kids are going to encounter this stuff at some point.

Pamela Wisniewski, at the International Computer Science Institute, says kids need guidance to learn how to use technology responsibly.

Google faces mounting backlash for controversial AI school policy — from CBS

ChatGPT for Teens' safeguards don't work, risk assessment finds — from Marketplace

Silicon Valley Executives Are Tech Fans. Just Not for Their Own Kids — from The New York Times

You’ve got savings. You’re paying your bills. You’re hitting your financial goals. On paper, you’re doing fine. So why does it still feel like you’re just one step away from financial disaster? This week, Reema talks with writer Lindsey Stanberry and financial therapist Amanda Clayman about money dysmorphia – the disconnect between how much money we have and how secure we actually feel – and how we can build a healthier relationship with money when the future feels impossible to predict.

Plus, another edition of “Alice Gets Her Life Together,” where producer Alice Wilder shares the details of her largest purchase yet: a home.

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First-time jobless claims — that’s the number of people who filed for unemployment in a given week — are at a 57-year low. Sounds good, right? Sure, except changes to the unemployment insurance system have narrowed the pool of eligible recipients. And it doesn’t include the rising long-term unemployment rate. So the question is, are jobless claims a reliable economic indicator anymore? Also in this episode: War in the Middle East gives U.S. LNG producers a leg up, the Nashville Symphony recieves critical support from an unlikely source, and AI investors have their eyes glued to CoreWeave earnings.

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.

Read the stories in today’s episode:

• What is CoreWeave and why is the stock market rising and falling on its earnings?
• How the Iran War is transforming the liquefied natural gas industry
• What a record-breaking harvest season looks like for one Iowa farmer
• Nashville's symphony orchestra needed saving when Big Tech stepped in
• Do low jobless claims tell an accurate story anymore?
• Faced with a return-to-office mandate, she started her own business instead