Marketplace All-in-One

Amazon Prime Day starts today and runs through Friday. Consumers are expected to spend $26 billion over those four days, and they’ll have plenty of help from AI. Today: a primer on Amazon’s big AI shopping experiment. Then, will a new U.K. prime minister mean an altered trade relationship with the EU? And later, Congress is pushing forward with homebuying restrictions for institutional investors, but the plan may not be foolproof.

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Marketplace Morning Report 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.

Stories featured in this episode:

Investors are buying up Sunbelt homes. Could a congressional ban help?

Last night, the Senate passed the 21st Century ROAD to Housing Act, a bill aimed at making it easier to build housing and bring down the cost of both buying and renting. Home prices have jumped about 50% in the past six years, and rents are up nearly 30% nationally. Today, we’ll delve into why it seems impossible to construct new, low-cost housing. Then, we’ll check in on the economy of Northern Ireland 10 years after Brexit.

Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.

Marketplace Morning Report 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.

Stories featured in this episode:

The shortage of affordable housing hits lowest-income households particularly hard
10 years on, what Brexit has meant for Northern Ireland

In late May, Pope Leo XIV released Magnifica Humanitas. His first papal encyclical is an appeal for a more human-centered approach to artificial intelligence. Joining him at the Vatican for the unveiling was Anthropic co-founder, Chris Olah, and Father Brendan McGuire, pastor at St. Simon parish in Silicon Valley.

McGuire joined the priesthood after a career in tech and co-founded the Institute of Technology, Ethics and Culture — a joint initiative of the Vatican and Santa Clara University. He's one of a handful of religious leaders Anthropic has consulted on building ethics into AI.

Marketplace’s Meghan McCarty Carino spoke with Father Brendan about his experience as a spiritual advisor to AI.

The last time Austan Goolsbee voted in an FOMC meeting, he was one of two policymakers opposed to cutting interest rates. Six months later, he doesn’t regret that dissent. In this episode, Kai catches up with the Chicago Fed president to discuss the central bank’s communication style, persistent inflation concerns, and former Fed Chair Alan Greenspan’s legacy. Plus: Beef prices are likely to keep climbing this year, it could take months to rebuild depleted oil reserves, and economists make a case that AI could drive more inflation.

Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.

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.

Read the stories from today’s episode:

Chicago Fed President: Inflation is "well above the target and has been going the wrong way"
As the oil crisis eases, the global scramble to replenish reserves begins
Why beef prices keep climbing
Many economists believe that AI will lead to more inflation. Why?
How We Survive: A Carbon Burial at Sea

Former Federal Reserve Chair Alan Greenspan died today. He was 100. Greenspan served under four presidents in his five terms as central bank chair. This morning, we're joined by Julia Coronado — she’s the founder and president of MacroPolicy Perspectives and once worked alongside Greenspan — to discuss his economic legacy, his role in boosting Fed transparency, and his particular way of communicating. Then, from the latest season of Marketplace's "How We Survive," we dive into the ocean’s vast potential to store carbon.

Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.

Marketplace Morning Report 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.

Stories featured in this episode:

From “How We Survive”: A Carbon Burial at Sea