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50 episodes
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Marketplace Marketplace
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- Business
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4.6 • 7.7K Ratings
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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.
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A pretty, pretty good economy (for some)
The good news? The Commerce Department says personal income and consumption were up in June. Bad news is savings didn’t rise with ’em. In fact, high interest rates and high prices have battered the personal savings rate down to an almost two-year low, leaving many households without a financial security cushion. In this episode, we’ll also get into why national manufacturing growth depends on where you are, and Boston is incentivizing office to residential real estate conversions.
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Let’s zoom in
New gross domestic product data just came in — GDP grew a healthy 2.8% annually in the second quarter, better than predicted. Meanwhile, consumers are focused on buying essentials and credit card debt is growing. In this episode, we’ll examine why GDP is strong while many everyday people feel squeezed for cash. Plus: New real estate broker fee rules take effect next month and the number of Americans who predict they’ll retire young is up.
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Ringing in 15 years of the $7.25 federal minimum wage
The last time Congress raised the federal minimum wage, it went up 70 cents — from $6.55 to $7.25 an hour. That was in 2009. Today, we’ll get into why there hasn’t been a successful push to boost it since then and who suffers as a result. Plus, officials in China promise major tax reform, apartment vacancies in Sun Belt cities rise and the Federal Reserve keeps an eye on GDP estimates.
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Talking the (workplace) talk
“Act your wage,” “coffee badging,” “ghost jobs” — the internet is always vomiting up new workplace phrases. You may even use some of them to describe the bizarre job market of the past few years. So when popular work slang shifts from silly — “lazy girl jobs” — to grim — “quiet cutting” — are there hints about where the labor market is headed? Also in this episode: Tech firms ditch user counts, car sales motor on despite high costs and educators get educated about jobs at the Port of Baltimore.
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Does the bond market care about Biden’s election exit?
In the face of major news, some say the bond market can signal what comes next economically. But so far, bond yields don’t seem to be reacting to Biden’s dropping out of the presidential race. In this episode, what the crystal ball of the economy does care about in regard to elections. Plus, business investments outpace GDP gains, Nvidia employees cash in on the chipmaker’s hockey stick-shaped earnings growth and Friday’s CrowdStrike crash reveals a common cybersecurity weakness.
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The blue screen of death
Nearly every economic sector relies on secure technology networks: retailers, airlines, hospitals and more. After a faulty software update by cybersecurity giant CrowdStrike, businesses across the globe came screeching to a halt, dragging customers with them. In this episode, the tech firm behind today’s maddening “blue screen of death.” Plus: why the Federal Reserve plans communication blackouts, a former delivery driver remembers using chickens to mark her routes, and industry upheaval threatens an Alaskan fishing community.
Customer Reviews
Best business and economy pod. Period.
Interesting, entertaining and approachable economics and business worth every minute you invest in it. Always fun and relevant. In my opinion the best daily podcast on business, the economy and why it matters. Keep up the great work!
Thanks All Y’all
Been a Marketplace listener and “investor” (donor) for years now. Listening to the show regularly gives me confidence that something big with the economy is not likely to sneak up on me unawares. Barring, of course, some unknown unknown dropping in from outer space.
The spin-off shows like Marketplace Tech are also faves.
Red Lake episode is Pure Gold
Kai and team scored a grand slam with this episode. Give Marketplace the award already!