Marketplace

The era of frequent public speeches given by Federal Reserve officials on monetary policy may be over. Incoming Fed Chair Kevin Warsh has expressed a desire to reform the central bank’s robust communication style, which has been the norm since the 1990s. In this episode, what do we stand to lose if the Fed zips its lips? Plus: Retailers weigh passing higher costs onto cash-strapped consumers, stateside EV sales don’t keep up with European surge, and cities make an economic case for planting more trees.

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Cybersecurity was once the focus of a huge workforce development push. Job opportunities and training programs were abundant. But as artificial intelligence makes it easier for hackers to pull off sophisticated cyber crimes, it’s also replaced entry-level cybersecurity roles. In this episode, one corner of the AI-affected job market. Plus: What retail earnings could reveal about consumer spending, how homebuilders are feeling, and how the U.S. dollar became dominant.

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New consumer data shows alcohol sales were down over 5% in April. And, as you’ve probably noticed, gas prices were up. Is there any correlation? In this episode, why high fuel prices may exacerbate existing consumer trends — like cutting back on beer. Plus: Cerebras’ successful IPO signals hunger for AI stocks, Hollywood is buying more short stories, and we discuss the week’s economic headlines.

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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.

President Trump arrived for trade talks in China this week with a gaggle of corporate CEOs in tow. One expert tells us Trump’s body language, tone, and the C-suite entourage all hint Chinese President Xi has the upper hand in any negotiations. In this episode, what we expect the two world leaders to discuss. Plus: Consumers and retailers show signs of caution, the EU rethinks fiber optic cable routes in conflict zones, and traditional TV comapnies try out AI-driven ad programming.

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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.

The cost of goods for the producers of this economy was up a whopping 6% in April, according to the latest PPI. That means consumers can expect more inflation down the road. Plus: Treasury yields are creeping up, the global oil stockpile is shrinking by about 4 million barrels a day, and diesel pickup truck drivers are shelling out at the pump. In this episode, it all goes back to President Trump’s war in the Middle East.

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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.

Inflation was up 3.8% in April, according to the latest CPI. Economists say the war with Iran has caused “transitory” inflation — that’s short-lived inflation from a specific inflationary event. It’s also how experts characterized Trump’s tariffs and the COVID-19 pandemic. But if inflation stays put for, say, five years, is it really still transitory? Also in this episode: Small business owners fret over rising costs, MIT students graduate with majors in AI, and Quebec brings hydropower to the Northeast U.S.

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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.

Inflation and employment are the dual pillars of this economy’s health, which the Federal Reserve is mandated to evenly manage. Last week saw sunny news for the latter category, when the April jobs report was better than expected. Economists anticipate the opposite for the upcoming consumer price index, as the war in Iran inflates prices at home. In this episode, we brace for a dreary CPI. Plus: Adult education programs promise higher wages, retail investors pile on to the chip market, and climate change makes food less nutritious.

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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.

U.S. Customs and Border Protection has begun processing applications for tariff refunds after the Supreme Court ruled against swaths of President Trump’s import taxes. But limitations on who can file have left some business owners out of luck, and those who are eligible must weigh how much of the refund they should pass down the line. Also on the program: the jobs report, tech layoffs, and what the Spirit Airlines shutdown could mean for a Florida airport. Plus: a look into Sparrow’s Nest Studio, Manhattan’s “home for mahjong.”

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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.

After the One Big Beautiful Bill Act reduced taxes for 85% of households, disproportionately benefiting high-income earners, all eyes are on the GOP’s approach to taxation. But they’re not the only ones, as Democrats, too, seek to cash in on the tax cut strategy. “Marketplace” Host Kai Ryssdal spoke with Annie Lowrey, a staff writer at The Atlantic, about what that dwindling tax base could mean for public works and our national debt. But first: Whirlpool reports “recession-level low” demand, the first quarter’s lower-than-expected productivity, and a look into how some business owners are approaching tariff refunds.

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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.

The private sector added twice as many jobs in March as it did in April — it’s a promising sign in an otherwise perplexing labor market. Private sector gains could translate to an overall boost in the upcoming BLS jobs report. But even if the quantity of jobs goes up, there are still some negative indicators to keep an eye on. Also in this episode: Corpus Christi's water crisis collides with an energy sector boom and Disney sees revenue wins after raising streaming prices.

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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.