Marketplace
Marketplace

Our flagship program, helmed by Kai Ryssdal, examines what the day in money delivered, through stories, conversations, newsworthy numbers and more. Updated Monday through Friday at about 3:30 p.m. PT.

Airs on:
MON-FRI 4pm-4:30pm, MON-WED 6:30pm-7pm
29:13

A labor market that’s cooling, but not cool

Today, we learned that job openings fell in July. While it’s an indication that supply and demand in the job market are balancing out, there’s still a ways to go before that sought-after “soft landing” is achieved. Then, we turn to the housing market, looking at some homeowners who bypass high mortgage rates and others who bypass insurance. Later: the return of awkward business lunches.
29:09

A brake tap on wage gains

It’s a big week for job data, including reports on the quits rate, private payrolls, layoff announcements and employment numbers. The Federal Reserve will be keeping a close eye on wage growth, and today we see indications that pay gains might be cooling. Then, the Texas power grid is strained by rising temps and growing cities, and companies invest in passenger rail.
28:57

Remember the $5 footlong? Thank behavioral economics.

How much should a sandwich cost? How about a fast food drink? A gallon of gas? Turns out, behavioral economics shapes how much we think something should cost and explains why it’s hard to adjust those prices for inflation. We also dissect Fed Chair Jerome Powell’s Jackson Hole Symposium speech and hear why squashing the last bit of inflation is so tricky.
28:43

Manufacturing is down in the dumps, but things may be looking up

Nearly every business had to pivot during the pandemic. But domestic manufacturing has been weak for a while now. On today’s show, we hear how businesses in the sector are looking to pivot yet again. Plus: the challenges faced by schools as pandemic funding ends, and the risks around chipmaker Nvidia’s dominance of a very concentrated market. Later: Wordle, but make it global trade.
27:11

The things that keep economists up at night

The theme of this year’s Federal Reserve symposium in Jackson Hole, Wyoming, is “Structural Shifts in the Global Economy.” Today, we ask a handful of economists who aren’t sitting around the campfire with Jay Powell to weigh in. Then: Just half of CEOs see climate change as a threat to their business. And later: Could teaching more women poker narrow the boardroom gender gap?
27:03

Real wages rebound, while low-income earners play catch-up

Inflation is cooling and real wages are improving, which is good news. But after losing ground to rising prices for so long, low-income households are struggling to catch up financially, leaving them vulnerable to an economic slowdown. Plus, the U.S. dollar weakens as other countries hike interest rates, and the real estate refrain “you can always refinance” stages a comeback.
27:13

A barometer for the AI economy

Wall Street is zooming in on Nvidia, which reports quarterly earnings this week. The  chipmaker’s components power many of the generative artificial intelligence models that have surged in popularity, and its financial results will provide clues about the strength of the industry that runs on its technology. Also on the show: diminishing appetite for U.S. bonds, life in a fire lookout tower and vanishing tattoo ink.
28:17

Houston’s heat wave is taking its toll

It’s been a summer of record-breaking heat. Today, we’ll head to Houston to hear how a sizzling heat wave is impacting the health of its most vulnerable workers. Also on the show: The 10-year Treasury yield is climbing, as are 401(k) balances. Plus, are American tourists ready for a museum about the economy?