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- Inflation ran 3.7% year over year in September. One kind of bright spot? Grocery prices are only rising at about half the overall rate. But there are signs that high diesel prices are starting to trickle into some of the prices we pay at the checkout. And later this morning: how skyrocketing borrowing costs are affecting developing nations and how CEOs are thinking about AI investment.
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. - Staying on top of your personal finances is hard enough as it is, but it can be especially challenging if you’re going through mental health challenges or your brain just works a little differently. So this week, Reema talks to Ellyce Fulmore, a neurodivergent financial educator who helps people create money systems their brains will actually use. Together, they answer your questions about impulse purchases, money anxiety, and budgets that never seem to stick.
Plus: another edition of “Alice Gets Her Life Together,” where producer Alice Wilder tackles a different personal finance challenge every month and invites us all along for the ride. This time, she’s learning how to master resale apps like Depop and Poshmark.
This Is Uncomfortable is nominated for a Signal Award! We’re up for Best Show in the Money & Finance category, and now we need your help to win. Vote by October 15: vote.signalaward.com
If you like this episode, share it with a friend! And let us know what you think by calling 347-RING-TIU or emailing uncomfortable@marketplace.org
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Support public media with a donation today: https://mktplc.org/support-thisisuncomfortable - Europe may have weeks of paid vacation, quaint walkable cities and incredible, affordable local wines. But there's something the continent lacks (besides ice cubes and AC): shiny, new Big Tech products.
Take Apple's revamped Siri, Meta's Muse or OpenAI's competing AI assistant dots. They've all launched in the U.S., and in some cases other markets. But largely, not in the EU, which has a network of tech regulations targeting data protection, interoperability and AI.
Max von Thun, director of the antitrust think tank Open Markets Institute Europe, explains more on this.
More on this:
“A Continent Without A.I. Agents: Europe Has to Wait for Dots, Muse and Siri AI” — from Trending Topics EU
“Europe’s AI Blues: US Companies Slow Deployment” — from Center for European Policy Analysis - Inflation worsened in September, to 3.7% annually, up from 3.4% in August. Energy prices are mostly to blame, but the other slices of the economy are starting to show price stress. It’s no help that the cost to ship crude oil is up exponentially. In this episode, the dumpster fire that is war-inflated energy prices. Plus: Host Kai Ryssdal and ADP Chief Economist Nela Richardson visits a garment exporting business (with a familiar name) that provides job training for women in Mumbai.
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 in today’s episode:
Inflation worsened in September. Blame energy prices — mostly
The cost of shipping a tanker of crude oil has skyrocketed due to war
A Mumbai company training and employing women in the slums - Americans have wagered more than $600 billion on sports since the Supreme Court paved the way for states to legalize sports betting back in 2018. And something like 2.5 million adults have a problem with gambling. This morning, why people keep betting — even when the odds are against them — and what can be done about it. Also in this morning's podcast: a hotter-than-anticipated inflation reading and a continued squeeze on diesel.
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 from this episode:
The behavioral economics behind problematic sports betting
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Marketplace® is the leading business news program in the nation. We bring you clear explorations of how economic news affects you, through stories, conversations, newsworthy numbers and more. The Marketplace All-in-One podcast provides each episode of the public radio broadcast programs Marketplace, Marketplace Morning Report®and Marketplace Tech® along with our podcasts Make Me Smart, Corner Office and The Uncertain Hour. Visit marketplace.org for more. From American Public Media.
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