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.
Sanctions on Russia carry global risks
But are they riskier than a ground war in Europe? And what do they mean for the international economy? As President Joe Biden weighs imposing additional sanctions on Russia to deter an invasion of Ukraine, we look into what those measures would cost the U.S., our allies and Russia. Also on today’s episode: Hello from the other side of concert cancellations, the factors behind the price of natural gas and the Weekly Wrap.
The KN95 masks you bought online might not be cutting it
The Centers for Disease Control and Prevention recently upgraded their guidance on face masks: Nix the cloth or surgical masks in favor of N95s or KN95s. But not all masks are created equal. On today’s show, we hear from a “mask nerd” about how consumers can be discerning when shopping for face coverings online. Plus: Why unemployment claims are back up; how resume gaps are being destigmatized; and what construction companies are doing to tackle the labor shortage.
Trump-era steel tariffs are over, but not for the U.K.
Trump, tariffs and Brexit — it might sound like a throwback, but it’s the present for British steelmakers. President Joe Biden cut a tax on steel imported from European Union countries last year, but the United Kingdom was excluded. Though the U.S. and U.K. plan on discussing the tariff rift, the future of British steel remains uncertain. We also hear about the impact of rising mortgage rates, tackle why rising oil prices could be here to stay and chat about a new environmental transparency policy for publicly traded companies.
Why a health communications expert gives the CDC a “C”
Communication is key in any relationship — including the one between health officials and the public. On today’s show, a health literacy expert talks to us about how going “back to the communication basics” could aid the Centers for Disease Control and Prevention’s pandemic messaging. We’ll also hear about how omicron-induced lockdowns in China are affecting the global supply chain, why wireless carriers and airlines are still fighting over 5G and how U.S. Postal Service cuts could impact rural Americans.
TikTok is changing the voice of brands online
More than 1 billion people use the short-form video platform TikTok monthly, presenting a huge marketing opportunity for businesses. Take, for example, the language learning company Duolingo, which uses its big, green owl mascot in zany videos and has amassed a huge following in recent months. Today, we’ll chat with Duolingo’s social media coordinator about the authenticity and communication styles that attract a younger audience. Plus: A more-stressful-than-usual tax season ahead, the factors behind a dip in community college enrollment and why every celebrity seems to have a beauty brand these days.
What’s next for the families who rely on the child tax credit?
Since July, more than 36 million households have received a few hundred dollars every month through the expanded child tax credit. Tomorrow, that won’t be the case. In this episode, we hear what the extra cash has given families and what it means to have it taken away. We also hear why consumer sentiment took a dive, why bank loans might be making a comeback and what testing positive for COVID-19 has cost one family.