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. Twitter: @Marketplace
Today, SpaceX’s crew of billionaire Jared Isaacman and three other private astronauts completed the world’s first-ever commercial spacewalk. We’ll get into it. And, Congress is quickly approaching yet another deadline to avoid a government shutdown. What’s holding up lawmakers from voting on a temporary spending bill? Plus, we’ll break down what’s been going on with oil prices this week and the latest in Apple’s foray into the world of artificial intelligence.
Here’s everything we talked about today:
Join us tomorrow for Economics on Tap. The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.
Today in Econ 101, we’re talking yield curve. In a typical economy, the longer a bond’s duration, the more interest it yields. The inverse — shorter duration, higher yields — usually means a recession is coming. We’ve been seeing an inverted yield curve in the U.S. financial system for nearly two years. So, where’s the recession? Also in this episode: Credit card delinquencies hit a 12-year high and we visit U.S. troops preparing for climate change.
This week, we’re revisiting one of our favorite episodes and reconnecting with old friends for an update.
Rebecca Danigelis never planned to stop working. She was an executive housekeeper in Boston raising two kids as a single mom, and everything she earned went to making sure they got the best education she could afford. When her son Sian-Pierre was climbing the ranks as a journalist and entrepreneur, it seemed like all the overtime, frozen dinners and sacrifice were worth it. But just as his career was taking off, hers started to crumble.
We first aired this episode in 2022, and now Reema checks in with Rebecca and Sian-Pierre to see how their financial situation has unfolded.
If you liked this episode, share it with a friend. And to get even more Uncomfortable, subscribe to our newsletter!
Boeing and the union representing 33,000 of its workers reached a tentative labor deal over the weekend. Now, the rank and file appear ready to reject that deal, with a vote today. Many workers have been expressing frustration this week over the contract’s terms and could vote to go on strike at midnight. Also on the program: A look at women’s long-fought battle to carve out a seat for themselves on Wall Street.
According to settlement tracking group Peace Now, the Israeli government has seized more Palestinian land for settlements in the West Bank this year than at any time in the last three decades. Now, some synagogues in the U.S. and Canada are being criticized — and picketed — for hosting real-estate fairs that pitch property for sale in Israel and the Occupied Territories to North American Jews. We’ll learn more. But first, we’ll look at why the gender pay gap is widening.
From the BBC World Service: A European consumer rights group has lodged a formal complaint accusing game developers behind popular titles like Fortnite and Minecraft of tricking players into spending more cash than they might realize. Then, we travel to Italy, where the shipyards of Monfalcone have attracted workers from Bangladesh. But there are tensions with locals. Earlier this year, the town’s mayor even banned cricket, an extremely popular sport popular in Bangladesh.
The cryptocurrency industry has been fairly quiet recently, with the scandals around the bankruptcy of crypto exchange FTX and its former chief executive, Sam Bankman-Fried, fading from the headlines. But behind the scenes, the industry has become a bit of a power player in the 2024 elections — funding political ads, endorsing House and Senate candidates and raising millions of dollars, according to a recent report from the nonprofit group Public Citizen. Marketplace’s Meghan McCarty Carino spoke to Axios reporter Brady Dale, author of the Axios Crypto newsletter, to learn more.
Annual inflation, according to the consumer price index, fell to a multiyear low in August. That’s great, but we’re still half a percentage point away from the Federal Reserve’s 2% goal. What’s holding up prices? Also in this episode: Campbell’s wants us to know it sells more than soup, recession alarm bells are ringing — but maybe not for the reason you think — and will companies that already collect our data please stop sending us surveys?
Last night’s presidential debate between Vice President Kamala Harris and former President Donald Trump kicked off with a question about the economy — often cited as the top issue for voters. But the discussion that followed was notably light on economic policy. So, can the state of the economy swing this election? And, we’ll get into more takeaways from the big debate. Plus, are run clubs and grocery stores the new dating apps for singles?
Here’s everything we talked about today:
Kimberly Adams is headed to the Mile High City. Join us for a live panel discussion on the singles economy Sept. 23. in Denver. Use promo code “SMART” for a special discount on your ticket. We hope to see you there.
The first — and potentially only — presidential debate between Vice President Kamala Harris and former President Donald Trump is officially in the books. Economic issues took up plenty of air time. We’ll unpack how markets appear to be digesting both candidates’ performances and policies. Plus, fresh Labor Department data shows that annual inflation cooled in August to 2.5% — the lowest rate since February 2021. How might Fed officials respond?
Over the last decade, nearly 50 million have been on an ACA plan at some point — that’s one in seven Americans. Plus, New York Fashion Week comes to a close today. It featured a pop-up shop from none other than Walmart and is part of the superstore’s attempt to lean into fashion. But first, the economy played a starring role in last night’s presidential debate. We’ll discuss.
Your feedback is valuable to us. Should you encounter any bugs, glitches, lack of functionality or other problems, please email us on [email protected] or join Moon.FM Telegram Group where you can talk directly to the dev team who are happy to answer any queries.