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.
50 years after the oil embargo, the U.S. is playing catch-up
The idea of energy “conservation” was new to Americans in 1973. Experiencing a first-of-its-kind gasoline shortage, the U.S. began to encourage fuel efficiency in cars and homes. If President Ronald Reagan hadn’t reversed such commitments, would renewable energy be ubiquitous today? Plus, doing without: manufacturing without temp workers, the Fed without government economic data and NYC without Airbnb.
Do you advertise en Español?
About three-quarters of Latinos in the U.S. speak at least some Spanish. Marketing experts have caught on. We’ll talk to a few about how they strike an English-Spanish balance in ads geared toward the growing demographic. Plus, Amazon is already aggressively hiring for the holidays, Japan might prop up the yen again, and the Federal Reserve didn’t raise rates — this time.
The facial recognition software cops are raving about
Clearview AI, widely used by U.S. law enforcement, can find a face anywhere on the internet thanks to a database of billions of scraped photos. Journalist Kashmir Hill, who recently published a book about Clearview, will tell us what it was like to investigate a company that’s always watching. Plus, the viability of a four-day workweek for blue-collar jobs and an electrical transformer shortage.
Would you take a job that might make you work for free?
With government shutdowns becoming more frequent — we could have another one at the end of the month — taking a government job isn’t all that appealing. Why worry about the uncertainty of a furlough when plenty of other companies are hiring? We’ll also tackle the environmental impacts of barge shipping, hard-to-find auto parts in the U.S. and members-only shopping in China.
Is it time to question the economic vibe?
Consumer spending is key to this economy, but Americans are running through their cash just as student loan repayments are coming due. Could that be the straw that breaks the consumer’s back? We’ll discuss it on the Weekly Wrap. Plus, how car dealers are reacting to the UAW strike, why immigration is important to the AI race and why gross domestic product and gross domestic income often don’t match up, even though they should.
How to price an IPO so it “pops”
Shares of chip designer Arm Holdings surged 25% above their initial public offering price of $51 in the company’s stock market debut today. A lot went into deciding on that price. Today, we dig into what it takes to make an IPO “pop.” Later, the United Auto Workers plans to target its work stoppages as a strike looms. And will Social Security’s cost-of-living increase be enough to help older Americans keep up with inflation next year?
This is the one podcast I make a point to listen to every day. Love the way they tell micro stories that tie into a macro perspective.
Engaging, but out of touch?
I listen to this show through my local NPR station on my commute home. I’ll start with the good and then go through what Kai and his team need to work on.
Kai is a captivating host and makes the economic news of the week digestible and even fun sometimes. For example, I enjoyed especially the episode regarding the business aspects of role playing games like Dungeons & Dragons earlier this year.
I wish however there was more content like this because it makes economics relatable… I’ve noticed a pattern recently that Marketplace discusses economics on a macro scale and notes booming business alongside inflation struggles and a very nervous consumer sector. Repetition of topics aside, I really wish Kai would take the time to focus more on the consumer (who is more than likely the person listening to the show) rather than how the Fed seems to think the economy is doing fine. As an aside, if I hear the phrase “soft landing” one more time, I might have an aneurysm!
All in all, this is a really informative podcast and I’m having a good time and learning a lot while I try to stay informed. That said, I wish the topics were a little more understanding of the circumstances most Americans are facing. Definitely worth a listen!
Absolutely informed, witty and intelligent host
I am listening for 4-5 years. Initially it sounded like another podcast. But within a month I realized the true value of it. We live in a socio-economic world. Economics always influences our daily life. The program gives you a unique perspective. Needless to say Kai is very witty and intelligent. Start listening and it becomes difficult to stop.