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Marketplace episodes

  • Where does the economy go from here?
    Congress finally got it together and passed a COVID-19 relief package this week. But let’s do some numbers. Consumer spending fell nearly half a percent last month — the first decrease since April. Personal income also fell by a little over 1% — the third decline in four months. And with more Paycheck Protection Program money on the way, small business owners haven’t forgotten that the first rollout wasn’t exactly smooth. On today’s show: Even with more COVID relief, the economy, businesses and people are still gonna be hurting. So what happens next? Plus, confusion in vaccine distribution to nursing home residents, and why it can be a challenge for LGBTQ veterans to get their benefits.
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    28 min
  • Is Congress just kicking the can down the road?

    The $900 billion coronavirus relief package that Congress passed Monday is one of the largest stimulus bills in U.S. history. It includes special access to food stamps extended for six months, $300 per week in extra federal unemployment benefits  through March, and Pandemic Unemployment Assistance funded into April. Still, that’s just a “drop in the bucket” for one restaurateur whose business has struggled through the pandemic. On today’s show: Will this relief package be enough? Plus, a case study of how to get caught doing economic espionage and the insurance industry gets into the climate change game.

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    28 min
  • Finally, some relief (probably)

    Congress at last reached an agreement on a second round of COVID-19 aid. The $900 billion package, if passed, will bring immediate relief to millions of Americans still struggling through the pandemic-induced financial crisis, including those who are months behind on rent. The deal also includes money for cultural institutions, like indie movie theaters. On today’s show: the impact of the coming relief money. Plus, when teachers should get the coronavirus vaccine and why one lender wants young people to stay on her reservation.

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    28 min
  • The pandemic’s toll on doctors

    At a time when health care workers are more crucial than ever as the pandemic rages in the United States, doctors are leaving the field. A quarter of doctors are considering retiring early, according to a new survey, and 8% of U.S. doctors have already closed their practices because of COVID-19. On today’s show: Why doctors are leaving medicine during the pandemic. Plus, a much-anticipated video game release goes down in flames, and a conversation with the Dallas Fed president.

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    28 min
  • Even with another relief package, economic recovery is gonna take awhile

    Congress is reportedly nearing a deal on the second round of COVID-19 relief, eight months after the first and only pandemic-aid package. But even with nearly a trillion dollars in aid, we’re looking at a long, slow economic recovery ahead. On today’s show: If we make the same mistakes we did after the Great Recession, we’re in for businesses shuttering, high and long-term unemployment, and low-income Americans in dire straits. Plus, people won’t be donning sequined dresses this holiday season, and what Dippin’ Dots has to do with the COVID-19 vaccine.

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    28 min
  • A look at the state of retail, as holiday shopping wraps up

    Retail sales fell a bit more than 1% in November, which matters because that most likely includes the first wave of holiday shopping. And now that we’ve passed a lot of retailers’ holiday shipping deadlines, sales are likely to slow further. On today’s show: how the pandemic is affecting retailers and consumers alike. Plus, what the SolarWinds hack could mean for the U.S. economy and why fewer Americans are moving this year.

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    28 min
  • How we’re getting through the pandemic

    Nine months into the pandemic, we’re looking at what people — and the economy — are doing to get through it. On today’s show: a conversation with the CEO of GoFundMe about how people have relied on the platform through the COVID-19 economic downturn. Plus, how hybrid home and in-office work models will affect commercial real estate. And a look at how poorer countries could get the COVID-19 vaccine more quickly.

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    28 min
  • Scott Kirby on the “end of the beginning”

    United Airlines CEO Scott Kirby said his industry was one of the first to be impacted by COVID-19 — “at the tip of the spear,” as he put it. And United revenue is going to be down 70% in the fourth quarter. But, as bad as it has been, he said we’re beginning to reach “the end of the beginning,” quoting Winston Churchill. On today’s show: a conversation with Kirby about how United has handled the pandemic. Plus, economies that controlled the virus are doing better and a look at the U.S.-China relationship President-elect Joe Biden will inherit.

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    29 min
  • “Get the money out now”

    That was journalist Catherine Rampell’s guess at what Federal Reserve Chair Jerome Powell is thinking about the economy right now. Congress has yet to come to an agreement on more COVID-19 relief for Americans who need it more than ever, as several pandemic aid programs are set to expire this month. The next three weeks are going to be rough. Plus, who qualifies as an essential worker when it comes to vaccine distribution and a look at how liability protections are holding up relief talks.

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    28 min
  • The racial wealth gap can be boiled down to a simple ratio: 224-to-1

    An average single white man under 35 is 224 times as wealthy as the average single Black woman the same age, according to a new report. The report also found Black households held 4% of household wealth going into the pandemic, even though they account for a little over 13% of the U.S. population. On today’s show: That racial wealth gap is going to make pandemic recovery for Black Americans even harder. Plus, the case for extending unemployment benefits, and how one cheesemonger is trying to stay afloat during COVID-19.

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    Correction (Dec. 11, 2020): A previous version of the headline incorrectly stated the ratio. The correct ratio is 224-to-1.

    28 min

About Marketplace

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Every weekday, host Kai Ryssdal helps you make sense of the day's business and economic news — no econ degree or finance background required. "Marketplace" takes you beyond the numbers, bringing you…

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