Marketplace All-in-One

Banks are making less, courtesy of a slowdown in corporate dealmaking. But they are also reporting that consumer and business lending have grown in the past year. Paul Christopher of Wells Fargo joins us for today’s chat about market activity. With the European Union ready to stop importing Russian coal, some countries in Africa have stepped in to fill the energy void.

There’s progress in the Senate on a bill that could help spark the creation of more semiconductor chips. Homes are still hard to get, even though data shows that the housing market is slowing down. Netflix is trying a few things to adapt to its post-pandemic reality of falling subscriber numbers.

From the BBC World Service: Vladimir Putin will be in Iran today on only his second trip out of Russia since his invasion of Ukraine began.  Chinese authorities say they are starting a ‘clean up’ of the internet. A heat wave continues to break records in the U.K. – and melt critical infrastructure.

A listener wants to know how the creators behind his favorite online videos get paid. It’s a surprisingly complicated question, and Ryan and Bridget have to go viral themselves to find out the answer. Accompanied by their new dog and a bunch of influencers, we’ll learn all about the wild economics of online videos. Put on your tap-dancing shoes, we’re making content!

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Before this past weekend, if you wanted to call the Suicide and Crisis Lifeline, you had to dial a 1-800 number. But that phone number just got way shorter. Now it’s 988 — though the old one still works. Calls to the lifeline are routed to local counseling centers, generally in the caller’s community. Marketplace’s Marielle Segarra spoke with Tim Jansen, chief executive officer at Community Crisis Services in Maryland, one of the centers that answer 988 calls. He said Vibrant Emotional Health — the company that administers the lifeline — and the federal Department of Health and Human Services worked together to secure the number. But it took a few years.

We have a few stories about economics and water for you to ponder today. First, we’ll look at schools trying to rebuild on higher ground after deadly flooding. Then, case studies in California show how desalination can fight off another major drought. Plus: What bank earnings tell us about the state of the economy and why homebuilders are feeling down right now.

Mounting costs of food have exacerbated food insecurity, according to food banks that have seen double the number of visitors in some cases. Michael Hewson helps us interpret today’s market activity. The BBC reports on the landscape of tech employment within the United Kingdom.

There’s some official buzz that oil production from the Middle East could be on the rise after President Biden’s visit to Saudi Arabia on Friday. The BBC reports on the heat wave in Europe, which has ignited wildfires that have caused evacuations in Spain, France and Portugal. Thanks to inflation, the real value of the federal minimum wage is the lowest it’s been in more than 60 years.

The story by Savannah Maher about the federal minimum wage in this episode contained an error that has been corrected. Please visit the story page.

From the BBC World Service: Amidst the second heatwave in a month, tens of thousands of people have been evacuated in Spain, France and Portugal. The U.K. is set to become home to the world’s largest automated drone superhighway. Protesters have been on the streets of Budapest for nearly a week demonstrating against proposed changes to Hungary’s tax system.