Marketplace All-in-One

Laws prohibiting insider trading in commodities markets — which could be applied to prediction market platforms like Kalshi and Polymarket — are more recent and untested than you might think. In this episode, we dig into two conflicting viewpoints: prediction markets as forecasting tools and prediction markets as regulated betting platforms. Plus: Durable goods orders continue a downward trend, the air travel industry weighs the role of small airports, and consumer inflation expectations rise.

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Doorbell cameras, license plate readers and social media platforms are just a few of the tech products that make up an ever-growing surveillance network in the United States. ICE’s use of surveillance tools as part of its immigration crackdown has brought that into focus. On today’s show, Kimberly talks with investigative journalist and co-founder of 404 Media Joseph Cox about the growth of the American surveillance state and simple steps you can take to protect your privacy.

Here’s everything we talked about today:

"With Ring, American Consumers Built a Surveillance Dragnet" from 404 Media
"Surveillance company Flock generates controversy, and L.A. customers" from The L.A. Times
"Ring Ends Deal to Link Neighborhood Cameras After Backlash to Super Bowl Ad" from The New York Times
"All the Ways Big Tech Fuels ICE and CBP" from Wired
"Inside a Powerful Database ICE Uses to Identify and Deport People" from 404 Media

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Jamie Dimon, the CEO of JPMorgan Chase, put out his annual letter to shareholders this week. In it, the leader of the largest bank in North America outlined worries about persistently elevated inflation and the growing role of private credit. We'll unpack. Then, as part of our “Business Envy” series, we'll have a chat with the founder and CEO of a Maine-based rocket company looking to support research missions and a growing space economy.

Billionaire activist investor Bill Ackman is making a play for Taylor Swift’s record label in a deal that Reuters values at around $64 billion. Ackman wants his investment firm, Pershing Square Capital Management, to take over Universal Music Group. This morning, we'll dig into the news. Then, we continue our trip along Route 66 and visit Northern Arizona University, which has designated this academic year the “Year of AI Empowerment.”

In the U.S., battery electric and plug-in hybrid cars have been more expensive than their gasoline-powered counterparts, costing about $8,000 more on average. Experts say EVs are poised to achieve price parity with internal-combustion engine vehicles in just a few years though, because the single costliest part of an EV — the battery that powers it — is getting cheaper.