Marketplace All-in-One

Marketplace doesn’t always cover the goings-on of the Holy See. But when he highlights the need to combat poverty, it seems like a pretty good time to do so. In his first teaching last week, Pope Leo XIV called into question some basic tenets of mainstream economics and focused on the gap between the rich and the poor. Today, we discuss. Also on the show: the research of Nobel laureate economists and Trump's attempts to calm markets over China trade.

This morning, the winners of the Nobel Prize in economics — three professors whose work centers on technological innovation and what helps economies grow — were announced. Marketplace senior economics contributor Chris Farrell joins the program to discuss their research. Plus, the USDA notified states that they need to make big changes to SNAP eligibility, work requirements, and who’s covering costs. But advocates worry about the tight deadline for changes.

From the BBC World Service: Trade tensions are flaring as Beijing responds to President Donald Trump’s threats to tack an additional 100% tariff on Chinese goods. China has warned of "corresponding measures," though new data shows that China’s exports are booming. So does China still need the U.S.? Then, Nigeria produces nearly 40% of the world's shea nuts, which sustains a multibillion-dollar trade in cosmetics, food, and medicine. But new trade restrictions are being felt throughout the shea nut supply chain.

Open AI has added a checkout feature to ChatGPT, partnering with Etsy and Shopify to let users purchase some items from select merchants. OpenAI says ChatGPT's answers are still organic and unsponsored. But why not offer a seamless way to buy things that come up in certain responses? Eventually this could lead to so-called “agentic” shopping: letting AI research items, pick one, and then buy it on our behalf. Marketplace's Nova Safo spoke with colleague Meghan McCarty Carino about what AI companies stand to gain from integrating e-commerce tech.

Wanna put a wager on, well, just about anything? Try a prediction market. Competing industry giants Kalshi and Polymarket both saw major investment this week, and for good reason. Though they don’t look it on paper, both function as (extremely lucrative) sports betting platforms but don't face the regulations of sports betting platforms. In this episode, we bet on where that legal loophole is headed. Plus: Expect car sales to sputter as the EV tax credit ends and tariffs drive up costs, and the case for replacing subsidized air travel with a more robust rural bus system.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.

On today’s show, Kimberly is joined by the host of NPR’s “Life Kit” podcast, Marielle Segarra, who’s recently been working on a four-week newsletter series all about credit card debt — and how to avoid it all snowballing. Plus, we’ll play a round of Headline or Head-lyin’!Here’s everything we talked about today:“In credit card debt? There’s a path out” from Life Kit“Medical bills can cause a financial crisis. Here’s how to negotiate them” from Life Kit“A big misconception about debt — and how to tackle it” from Life Kit

When Esmé noticed her dad suddenly staying home from work, she had questions! Her dad is one of the hundreds of thousands of workers sent home because of the government shutdown. But what is a government shutdown anyway? In today’s special bonus episode, we explain what’s going.We’re working on future seasons and would love to hear your kid’s money questions! Record your Million Bazillionaire and send the audio using this online form and we just might include your kid in an upcoming episode!This episode is sponsored by Greenlight. Sign up for Greenlight today at greenlight.com/million.

Federal programs and funding play an important role in Indian Country, because of the government’s trust responsibility to provide or fund services to tribal nations in exchange for ceded land that now comprises the United States. That relationship also means that shutdowns hit tribal nations particularly hard. We'll learn what that means for services like health care and food distribution programs. Then, a lifelong Las Vegas resident reflects on the city's economic slowdown.

The travel and tourism industry contributes $2.9 trillion to the U.S. economy — more than the size of the automotive industry. But can travel and tourism thrive at a time when the United States is working to overhaul border and trade policy? We'll hear how some Trump administration policies are affecting business on the ground in Las Vegas, Nevada. Plus, the U.S. has finalized its $20 billion bailout of Argentina's currency.

From the BBC World Service: The European Union's new Entry/Exit System will be rolled out on Sunday, but there have been warnings it could cause delays at passport control. The change affects all countries in the Schengen area. Then, India’s southern state of Karnataka — home to Bengaluru, the country’s Silicon Valley — has approved one day of paid menstrual leave per month. Also: the NBA in China and AI at Versailles.

The ongoing government shutdown has caused a lapse in the Cybersecurity Information Sharing Act,a law that's key to protecting the nation against major cyberattacks. Plus, OpenAI this week made a huge investment in chipmaker AMD, the latest in a round of blockbuster deals. And Google said it will be updating its smart home devices with its advanced artificial intelligence, Gemini. Marketplace’s Nova Safo spoke with Maria Curi, tech policy reporter at Axios, about all these headlines on this week’s Marketplace Tech Bytes: Week in Review.

The value of the U.S. dollar has been on the rise after months of decline. Political turmoil abroad has hurt other currencies, while easing rates and resilience at home have helped stabilize the dollar. However, investors are still cautious. Also in this episode: the Bureau of Labor Statistics’ “birth-death” model suggests the economy may be weakening, silver prices surpass a 45-year record, and Delta posts solid Q3 results by catering to the upper class.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.

Today we’re all getting smarter about some of the economic and political terms dominating the headlines these days. Terms like “authoritarianism” and “state capitalism” that have been hotly debated during the second Trump administration. Plus, “stagflation” and other vocabulary words our listeners have been curious about. With some help from experts, Kimberly breaks them all down. Here’s everything we talked about today:"Why journalists are reluctant to call Trump an authoritarian – and why that matters for democracy" from The Conversation"What do we call the Trump administration's economic interventions?" from Marketplace"The U.S. Marches Toward State Capitalism With American Characteristics" from The Wall Street Journal"Trump's Latest Trade Deals Raise More Questions Than Answers and Harm America’s Future" from the Center for American Progress"Supreme Court Agrees to Review Trump’s Sprawling Tariffs" from The New York Times"What Is Stagflation, What Causes It, and Why Is It Bad?" from Investopedia"Are Donald Trump's tariffs the new sanctions?" from Stanford UniversityJoin us tomorrow for “Economics on Tap.” The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.

Starting Friday, federal workers will be getting their first paychecks for smaller-than-usual amounts as a result of the government shutdown. That’s likely to especially sting federal employees who still have to show up to work, including TSA agents and air traffic controllers. They've helped up the pressure to end shutdowns before. Could they do it again? Plus, we'll unpack how C-suite execs are currently feeling about tariffs and artificial intelligence.

Las Vegas is arguably the discretionary spending capital of the country, if not the entire world. This makes it a good barometer for understanding the current economy — not just of one city or state, but the entire nation. And right now, Vegas is grappling with declining tourism and a high unemployment rate. We'll visit Sin City to learn more about the slump. Plus, why is China stepping up controls on rare earth metal exports?

From the BBC World Service: Jamie Dimon, the chairman and CEO of JPMorgan Chase, told the BBC that a serious market correction could come in the next six months to two years. He also hinted that there could be an imminent deal between India and the U.S. on tariffs; India is currently suffering under 50% duties. Also, China has tightened export controls on rare earth metals, which are vital to a range of electronic devices, including military hardware.

A recent study of nearly 20,000 University of California, San Diego Health workers found cybersecurity training reduced the likelihood of successful phising attacks by just 2%. Marketplace’s Nova Safo spoke with Ariana Mirian, senior researcher at the cybersecurity firm Censys and co-author of the study, who explained that many workers are just not taking those training programs seriously enough.

Know how the government shutdown put the kibosh on federal data distribution, like last week’s cancelled September jobs report? Well experts haven’t just had a tough week of interpreting this economy — they’ve had a tough year. In this episode, the Trump administration’s policies have uniquely muddied traditional economic forecasting. Plus: Adjustable-rate mortgages grow in popularity, the food and beverage industry adapts to GLP-1 proliferation, and an American furniture manufacturer discusses Trump’s tariffs.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.

Just two months ago, the World Trade Organization predicted global trade would grow by nearly 2% next year. Now, it’s revised that forecast down to just 0.5% as the impact of the Trump administration’s sweeping tariffs sinks in. We'll hear what's been propping up trade so far and what's on the road ahead. Then, "Marketplace Tech" shares tips for spotting job scams. And later, we'll hear how other countries' "gold card" visa programs fared.

When President Donald Trump slapped tariffs on Chinese goods earlier this year, China ceased crop purchases from U.S. farmers. That hurt American agriculture, so the government hopes to help those farmers out with aid using tariff revenue. Trump did this during his last trade war. Today, we'll outline how it all played out. Plus, the price of gold keeps climbing, and we check in with a tea shop owner about how tariffs are affecting business.