Marketplace All-in-One

From the BBC World Service: EU energy ministers hold emergency talks in Brussels after Russia said it will further cut gas deliveries to Europe. Plus, how Chinese e-commerce giant Alibaba plans to have its primary share listing in Hong Kong as well as in New York. And, the ecological toll from a rush of tourists on India’s fragile hill and mountain retreats.

If you add up all the money a grown-up makes in their lifetime, it might sound like a lot! Surely they must have more to show for it. Where are the castles, the ponies, the fancy cars? In this episode, with the help of a magic necklace, we’ll do the numbers on the stuff grown-ups have to pay for every day. It’s not all pizza parties and ice cream sundaes!

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In September, El Salvador recognized the cryptocurrency bitcoin as legal tender. The program, spearheaded by President Nayib Bukele, means that government institutions and businesses can recognize it as a lawful payment method. Since then, the value of bitcoin has dropped by more than half. So how is this nation’s bet impacting Salvadorans today? Marketplace’s Andy Uhler speaks with Jacob Silverman, a freelance journalist who’s been covering the crypto space. He traveled to El Salvador with his reporting partner, actor Ben McKenzie, and spoke about their feature story, recently published in The Intercept.

Second-quarter reports on the economy are coming in this week, as well as corporate financial results. The expectation is that gross domestic product will take a dip for the second consecutive quarter. But don’t start in with the R-word. Kai and Marketplace’s Amy Scott discuss why this isn’t a recession (seriously). We’ll also discuss some energy news from overseas, including Russia’s decision to restrict its supply of natural gas to Europe. And Kai’s got an opinion on teasers that are “too teasy.”

Here’s everything we talked about on the show today:

Have thoughts or questions for the show? Share them with us at [email protected] or leave us a voice message at (508) 827-6278 or (508) U-B-SMART.

We’re going to be getting gross domestic product and a slew of other economic data this week. While GDP numbers may show that the economy is contracting, a broader range of measures determine whether we’re in a recession. Today, we’ll dig in. Plus, supply chain issues refuse to let up, and bans complicate access to abortion care training.

Julia Coronado of MacroPolicy Perspectives examines market activity with us. Treasury Secretary Janet Yellen tried to ward off recession talk over the weekend. More programs designed to help students with mental health issues adapt to college have emerged.

A survey shows that corporations are growing more concerned about a recession. A popular biscuit maker provides a picture of inflation and supply chain problems. Learn what it means to be a “chief heat officer.”

From the BBC World Service: Reports indicate a more than $40 billion Chinese state fund is due to be unveiled this week. Plus, the Philippines’ newly elected president, Ferdinand Marcos Junior, has vowed to revitalize his nation’s troubled economy. And, the scale of grain shipments waiting in Ukraine to be distributed.

Summer vacation season is here, and between days at the pool and family trips, some kids are staying busy programming robots. STEM summer camps are an increasingly popular way to keep young brains active when children are out of school, and maybe cultivate the next generation of tech leaders. WBEZ’s Susie An visits a Code Ninjas camp in Illinois to share more about the program.

Get ready for some spicy hot takes. Andy Uhler joins Kai for Economics on Tap and to discuss the state of our food supply, from wheat to hard seltzer, and what low water levels at Lake Mead, near Las Vegas, have to do with high prices at the grocery store. Plus, Kai has something to say about a recent op-ed piece by retired generals. During Half Full/Half Empty, the hosts weigh in on Meta v. Meta and MLB v. the minor leagues, and Kai tells us how he really feels about crypto.

Here’s everything we talked about today:

We want to hear your spicy hot takes. Email us at [email protected] or leave us a voice message at (508) 827-6278 or (508) U-B-SMART.