Marketplace All-in-One

The average price of a gallon of diesel just passed $6 for the first time late last week. Since then, it’s kept climbing and hit $6.31 a gallon this morning. A year ago, it was well under $4. That, of course, has implications for all sorts of other prices across the economy, too — particularly at the grocery store. We explain. Plus, what will a "quieter" Federal Reserve do about persistent inflation?

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 covered in this episode:

It's only a matter of time before rising diesel prices show up in the grocery aisle

Later today, we’ll learn whether Federal Reserve officials have decided to raise interest rates or leave them alone. Either way, economists and investors will be looking for an explanation from Fed Chair Kevin Warsh and some hints about what comes next. Then, a sprawling copyright lawsuit over reggaeton's defining rhythm, which has targeted Bad Bunny, Karol G, Daddy Yankee, and hundreds of other artists, was hit with a major setback in court earlier this month.

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.

AI leaders suddenly seem to agree on slowing down the AI race. Anthropic's Dario Amodei published an essay last weekend calling to "pace the frontier" — slow the development of advanced AI to allow safety measures to catch up. He said Anthropic will give access to independent safety evaluators, to which OpenAI's Sam Altman and XAI's Elon Musk concurred.

It's all giving déjà vu to Amy Webb, founder of the Future Today Strategy Group, who’s been pushing government leaders around the globe to adopt a similar framework for AI for almost a decade. She laid out her vision in her 2019 book “The Big Nine: How the Tech Titans and Their Thinking Machines Could Warp Humanity.”

More on this:

“AI CEOs want to ‘pace’ the industry. That may not mean slowing down.” from NBC News

“AI's leaders just asked to slow down. I made that case nine years ago.” from Amy Webb

“We Must Pace the Frontier” from Anthropic CEO Dario Amodei

August marked the third-highest level of container imports to the U.S. on record. Sure, it’s usually a busy month for holiday shopping inventory, but there’s also that pesky looming inflation and ongoing tariff uncertainty. In this episode, why U.S. retailers are stocking way up. Plus: The stock market braces for a likely Fed rate hike, wildlife highway crossings save money and lives, and Carter’s undergoes a rebrand aimed at a new generation of parents.

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:

If the Fed hikes rates, here's how the stock market might respond
For those without a degree, the job market looks pretty good
Imports boomed this summer in anticipation of higher costs
Wildlife use bridges and tunnels too, but it’s spendy
Carter's big rebrand amid challenging children's clothing market
The complicated history of New York's iconic Charging Bull statue

The yield or interest rate on 10-year Treasury bonds has reached the critical threshold of 5%. This is a key rate because it’s tied to some major borrowing costs for consumers. This morning, we have more on why bond yields are rising and how they could affect you. Also on the show: how rate hikes actually work to bring inflation down, and we continue our earlier conversation about the rise of so-called "Main Street millionaires."

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:

So much of America's wealth is really held by "Everywhere Millionaires"