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Relief on Wall Street when Fed Chair Jerome Powell says a hike in interest rates is unlikely; Labor Department data points to continuing tightness in the labor market; Peloton lays off about 15% of its workforce.

A new report from FBI’s Internet Crime Complaint Center shows people 60 and older lost $3.4 billion to fraudsters and scammers last year. That’s up 11% in a year, with an average loss of $34,000 per victim. On today’s show, we’ll hear the latest in elder financial exploitation. We’ll also learn more about Tesla’s surprising move to scrap its EV charging team. Plus, a rate hike could still be on the table.

The Biden administration has issued guidelines for a tax credit aimed at promoting greener aviation fuel. Currently, sustainable aviation fuel accounts for a fraction of all jet fuel and costs more than twice as much as fossil fuels. Will the tax subsidy work as intended? Plus, interest rates are a good news, bad news story. And we’ll take a closer look at the changing economics of sports broadcasting.Federal subsidies aim to provide a boost to sustainable jet fuel

From the BBC World Service: The European Union is looking into how Meta handles political content. Now, one of Britain’s top computer scientists has warned that it’s too late to prevent artificial intelligence from being misused to influence voters. Plus, cocoa prices have plunged in the last few weeks. And the electric vehicle industry is struggling right now, but the mood’s been optimistic at this week’s Beijing Auto Show.

Just how capable is today’s artificial intelligence at beating humans at their own games? That’s one of the metrics tracked by an annual report put together by the Stanford Institute for Human-Centered AI, or HAI. And its latest AI Index report finds the tech is quickly gaining on humans. According to the report, AI now exceeds human capability not only in areas like simple reading comprehension and image classification, but also in domains that start to approach human logic, like natural language inference (the ability to draw inferences from text) or visual reasoning (the ability to deduce physical relationships between visual objects). Still, there are areas where the bots haven’t quite caught up. Marketplace’s Meghan McCarty Carino spoke with Nestor Maslej, research manager at HAI and editor in chief of the index report, to learn more.

With the presidential election less than six months away, election workers are raising concerns about their safety. We’ll get into the rising threats to election offices and how that might affect staffing ahead of November. Also, how Tesla’s disbanding of its Supercharger team could impact the Biden’s administration push to expand electric vehicle use. Plus, how a pest control professional saved a baseball game from a swarm of bees.

Here’s everything we talked about today:


“Nearly Two-Thirds Of Election Officials Worry Politicians Will Interfere With Their Work: Poll” from HuffPost
“Local Election Officials Survey” from the Brennan Center for Justice
“They staffed the Jan. 6 committee. Threats still follow them” from Roll Call
“Musk Undercuts Tesla Chargers That Biden Lauded as ‘a Big Deal’” from Bloomberg
“Pest control ace clears Dodgers-Diamondbacks bee swarm, throws first pitch” from United Press International

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