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A “third place” is where people hang out when they’re not at home or work, and they’re becoming increasingly important for building community and connection. Guest host Reema Khrais explains why we’re hearing a lot more about them these days and shares the story behind her own third place. But first, we’ll discuss the knock-on effects of falling birth rates across the globe, why some cities are lowering speed limits, and why we don’t recommend throwing darts at stock listings.

Here’s everything we talked about today:


“Suddenly There Aren’t Enough Babies. The Whole World Is Alarmed.” from The Wall Street Journal
“Why New York City is lowering its speed limit” from Vox
“Why accidents aren’t accidental” from The Gray Area with Sean Illing 
“The Random Path to Stock-Market Riches” from The Wall Street Journal
“If you want to belong, find a third place” from Vox

We want to hear about your third place! Tell us about it at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

The next $50,000 in donations to Marketplace will be matched, thanks to a generous gift from Joe Rush in Florida. Give now and double your impact: https://support.marketplace.org/smart-sn

Americans are feeling worse about the economy. And that’s partly to do with fears about lasting inflation. According to the latest data, consumers expect inflation to rise three-tenths of a percentage point a year from now. Also in this episode: Why people are eating less fast food, how employers are helping workers with addiction recovery and what lower demand for second homes means for the general housing market.

Stocks close mixed; people’s spending and income expectations pick up; Kraft Heinz reportedly thinking about selling off Oscar Meyer; inflation data due this week.

Massachusetts is suing asking for workers to be classified as employees; Johnson & Johnson selling off remaining stake in consumer business; TV ‘upfronts’ begin to lure advertisers; Mercedes-Benz workers in Alabama begin unionization vote.

This year, the Dow and S&P have repeatedly hit record highs. But even as the value of the stock market grows, the number of firms traded on the market is shrinking, and has been since the mid-1990s. And when fewer companies are public, it limits our understanding of what’s happening in the economy. Plus, a preview of wholesale inflation and retail sales, and a closer look at the impact of RTO mandates.

Following a big union win last month at a VW plant in Tennessee, the United Auto Workers face a new test in the South: Workers at a Mercedes-Benz assembly-and-battery complex in Alabama begin voting on whether to join the UAW this week. Can the labor organizing momentum be sustained? Also: why a cap on credit card late fees is getting delayed and how to go into debt without anyone noticing.