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Pro-Palestinian protests have disrupted campus life at colleges and universities in the United States in response to Israel’s intense bombardments on Gaza following the Oct. 7 Hamas attack. Similar demonstrations have taken place in Europe too, where protesters are demanding their schools divest from Israeli-linked companies. Plus, Americans are going into debt to pay for groceries, and results from an United Auto Workers’ union vote at an Alabama plant are expected today.

Marketplace is currently tracking behind target for this budget year — that means listeners like you can make a critical difference by investing in our journalism today.

From the BBC World Service: The Chinese government says it will buy up millions of unsold homes across the country in a major intervention in the property market. The move come as the sector’s continuing slump threatens the whole economy. Also on today’s program: Students across Europe are demanding their universities cut financial and institutional ties with Israel, and Sir Paul McCartney becomes the first billionaire British musician.

Marketplace is currently tracking behind target for this budget year — that means listeners like you can make a critical difference by investing in our journalism today.

 

On this week’s Tech Bytes: Week in Review, Senate Majority Leader Chuck Schumer is calling for a heap of new spending on artificial intelligence research. We’ll look at where the proposed $32 billion annually is likely to go. And some of the biggest players in AI tried to outdo one another this week. OpenAI said it’s giving ChatGPT an upgrade and a personality while Google is trying to remake search with its AI model, Gemini. Marketplace’s Lily Jamali spoke with Anita Ramaswamy, financial analysis columnist at The Information, for her take on these stories.

Marketplace is currently tracking behind target for this budget year — that means listeners like you can make a critical difference by investing in our journalism today.

Inflation isn’t going anywhere, and listeners wanna know what’s up with two of the government’s inflation measures. Today, we’re answering some nerdy econ questions about the consumer price index and personal consumption expenditures price index. We’ll also answer questions about how the Supreme Court gets funded and the ins and outs of joint fundraising committees.

Got a question you’d like us to answer? Email makemesmart@marketplace.org or leave us a voice mail at 508-U-B-SMART!

Here’s everything we talked about today:












“How does the government measure inflation?” from Brookings


“Why the PCE is the Federal Reserve’s preferred measure of inflation” from Marketplace


“What is the Core PCE price index?” from the U.S. Bureau of Economic Analysis


“Courts, Programs, and Other Items Funded by Congressional Appropriations for the Federal Judiciary” from the Congressional Research Service


“US judiciary set to receive modest spending boost from Congress” from Reuters


“Judicial Compensation” from the Administrative Office of the United States Courts


“Inside the Rent Inflation Measure That Economics Nerds Love to Hate” from The New York Times


 “A guide to political money: campaigns, PACs, super PACs” from Associated Press


“Joint fundraising: A campaign strategy to increase contributions” from Marketplace


“Fundraising for Super PACs by federal candidates” from the Federal Election Commission







Join us tomorrow for Economics on Tap! The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern. We’ll have news, drinks and play a round of Half Full/Half Empty.

Staying ahead is tough if you run a business — especially in this odd economic moment, where even affluent shoppers are picking low-cost alternatives. Whether you’re selling furniture, home goods or sheep’s wool, sometimes you have to adapt by targeting new markets. In this episode, three businesses doing just that. Plus, what a dip in weekly jobless claims might signal, why currency carry trades are risky, and how the bees made a comeback.

Marketplace is behind target for this budget year — that means listeners like you can make a critical difference by investing in our journalism today.

Stocks fall; monthly increase biggest since March 2022; housing starts rise; initial jobless claims fall.