Marketplace All-in-One

Diane Swonk of KPMG joins us to talk about how holiday discounts could be even deeper this season. We try to determine which way the oil-producing cartel OPEC+ is leaning. Also, why are schools and students attractive hacker targets?

We have the latest on the growing potential for a strike, as another union votes against a contract deal. Plus, we talk with an expert on how a dimmer economic outlook has led to people holding back on spending big.

From the BBC World Service: Giorgia Meloni and her cabinet have approved a series of spending measures for next year. One of Ukraine’s largest energy companies has warned that rolling blackouts might last until the end of March. And the U.K.’s National Health Service is trialing a program to allow doctors to prescribe heating for some patients who can’t afford their energy bills.

Every minute, people upload more than 500 hours of video to YouTube — cat videos, music videos, even videos of people recording their audio podcasts. And some of those clips include content the people uploading them don’t own, like clips of music from popular songs. YouTube, and its owner, Google, have an automated technology called Content ID that regularly scans for copyrighted material — including music — and flags it for copyright holders. Marketplace’s Kimberly Adams spoke about this with Marketplace’s Peter Balonon-Rosen, who explained why the system has some musicians frustrated.

FTX customers fear they’ll never get their money back from the bankrupt cryptocurrency exchange. They’re not wrong to worry. Could this further erode consumers’ trust in the financial system? Plus, mourners are grieving the victims of a deadly mass shooting at an LGBTQ nightclub in Colorado Springs, Colorado. Meanwhile, in Qatar, anti-LGBTQ rules are already being tested at the 2022 World Cup. Then, Kimberly makes us smile with a story about ice-skating and perseverance.

Here’s everything we talked about today:

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These are still not normal times, and that means a not-quite-normal holiday season. Thanks to inflation, holiday shoppers are getting less bang for their buck, while a pilot shortage is causing major headaches for travelers and regional airports. Today, we’ll unwrap what’s in store. Plus, a CEO succession lesson courtesy of Disney, the FTX debacle worsens crypto trust issues and the threat of eroding beaches.

Delegates at this year’s COP27 climate summit in Egypt agreed in principle last week to establish a fund to help compensate developing countries for damages caused by climate change. We take a look at what we know so far. Then, we talk to Julia Coronado about the risk China’s economic slowdown poses to the global economy. And, a look into this year’s open enrollment period under the Affordable Care Act.

Rising prices for various food items, including turkey, are hitting food banks this Thanksgiving. We look into how that’s some impacting charitable organizations and the vulnerable populations they serve.  Then, an update on Disney’s recent announcement that CEO Bob Chapek is out and being replaced by former CEO Bob Iger. And, Hong Kong’s markets are down amid news that the city’s leader tested positive for COVID-19.

From the BBC World Service: Bob Iger is back in charge of Disney less than a year after he left the company. Markets in Shanghai and Hong Kong closed down after China reported its first covid-related deaths for six months in Beijing. And Germany is struggling with an energy crisis sparked by the war in Ukraine, but we visit one Bavarian town which is working to be self-sufficient in electricity by 2030.

It may be called the World Wide Web, but in some parts of the world, big chunks of the web are blocked or censored. One nonprofit designed an app to get around that censorship called Lantern. The organization says its user base in Iran has grown about 400% since the start of protests there two months ago and that as much as 13% of  Iranian internet capacity is running through the app. Marketplace’s Kimberly Adams speaks with one of Lantern’s developers. Because of his work in countries with oppressive regimes, we’re using the pseudonym “Lucas” to protect his identity. He said Lantern is part of a strategy to create an “unbreakable” internet.