Sticky inflation, Fed drama and the rise of 'cute' debt
Core inflation rose to 2.9% in July, according to the latest PCE data — the Fed's preferred inflation gauge — marking its highest level in months. But despite stubborn inflation and falling consumer confidence, consumer spending continues to climb. Courtenay Brown at Axios and Jordyn Holman at The New York Times join "Marketplace" host Amy Scott to talk about the latest inflation numbers, and the court battle brewing between the White House and the Federal Reserve. Also in this episode: the economics of uncertainty, why job-hopping may no longer lead to bigger paychecks, and how "buy now, pay later" is being rebranded to target women.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.
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What's really going on in the Trump economy?
The U.S. economy grew faster than expected in the second quarter of the year, with GDP revised up to an annualized 3.3% from April through June. We take a closer look at what's driving those numbers, and check in on how corporate America is faring amid shifting trade policy. Also on the show: the AI data center boom, nuclear power's pop culture moment, and a retired Air Force officer's pivot to interior design.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.
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The relationship between consumer mood and spending? It's complicated
On Tuesday, the Conference Board reported a slight drop in consumer confidence, driven by worries about available jobs and future incomes. But a dip in confidence doesn't always mean people spend less. Also on the show: Where have all the working moms gone? "Marketplace" host Amy Scott talks with Abha Bhattarai from the Washington Post about how women are losing workforce participation gains made during the pandemic. Plus, what ending the 'de minimis' exemption could mean for overseas retailers and online shoppers.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.
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Can the president remove a Fed governor?
Late Monday, President Trump announced plans to remove Lisa Cook from the Federal Reserve Board of Governors over unproven allegations of mortgage fraud. The move is part of his months-long effort to reshape the central bank and pressure it to lower interest rates. But meddling with the Fed's independence could backfire. On today's show, we look at the implications of political interference at the Fed, from the bond market to the U.S. and global economies. Plus, how FEMA's elimination of hazard mitigation programs will affect the country.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.
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For every action, something can go sideways
President Trump's recent deal with Intel gives the U.S. government a 10% ownership stake in the company. But today, Intel responded with a regulatory filing, outlining all of the ways this deal could go sideways. We take a look at the unintended consequences of governments owning companies. Also on the show: why prices have been slow to rise in response to tariffs and what to expect from the fall retail season.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.
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 context. Our team of reporters all over the world speak with CEOs, policymakers and regular people just trying to get by.
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