Make Me Smart
Make Me Smart

Each weekday, Marketplace’s Kimberly Adams makes today make sense along with her Marketplace colleagues, breaking down happenings in tech, the economy, and culture. Because none of us is as smart as all of us.

On today’s edition of “Economics on Tap,” Kimberly is joined by Anna Pope, agriculture and rural affairs reporter for KOSU and Harvest Public Media, to talk about how Oklahoma’s agricultural workers are faring amid wildfires, federal workforce reductions and shifting global trade tensions. One bright spot: beef prices! And, we’ll play a round of Half Full/Half Empty.Here’s everything we talked about today:"Oklahoma fire crews battling several wildfires" from KOSU"Oklahoma-based federal ag workforce lost nearly 1 in 5 of its employees last year" KOSU"Hunger rose slightly in the U.S., a new report shows. The USDA says it will stop tracking the data" from Harvest Public Media "Oklahoma had a bumper wheat crop, but it's not alone. Here's what that means for producers" from KOSU"Beef prices keep rising. What will it take to bring them down?" from Marketplace"Gen Z Doesn’t Go to the Club. They Party at Coffee Shops Instead." from Texas Monthly"Job hunters turn to "reverse" recruiters to get an edge" from Marketplace"Americans drank more milk in 2024, reversing a decade-long decline" from Harvest Public Media We love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
A $50 billion pot of money for rural health care made it into last year’s One Big Beautiful Bill Act, President Trump’s hallmark tax and spending law. But the funding comes in tandem with massive cuts to Medicaid spending — an existential risk to many rural hospitals. On today’s show, Kimberly speaks with KFF Health News correspondent Arielle Zionts about the potential benefits of the Rural Health Transformation Program and its potential shortfalls. Plus, Congress never came to an agreement on the Obamacare subsidies at the heart of last year’s government shutdown. What does that mean for rural communities?
In December, the Department of Health and Human Services proposed a new rule that would ban hospitals from receiving any Medicare and Medicaid funding if they offer gender-affirming care for minors. Today, Kimberly checks in with Marketplace’s Samantha Fields to hear about her reporting on how this is affecting health care providers across the country. Plus, we’ll get into how the proposed rule fits into a larger wave of restrictions on transgender health care, years in the making.
Hey Smarties! There won’t be a livestream for “Economics on Tap” today. But don’t worry! “Economics on Tap” will return soon on Feb. 20. For now, we’re sharing a new episode from our friends over at “This Is Uncomfortable.” Enjoy!Author and journalist Aymann Ismail wants his kids to grow up with a real connection to their Egyptian roots, including speaking Arabic. For his family, that means committing to a private Islamic school — and figuring out how to afford tuition.“This Is Uncomfortable” host Reema Khrais sits down with Aymann as he walks through his family budget and the financial trade-offs that decision requires. They talk about what’s at stake for him, financially and culturally, and why holding onto Arabic feels especially urgent right now.If you liked this episode, share it with a friend. And if you want to tell us what you thought about the episode or about a tricky financial decision you’ve made, email us at uncomfortable@marketplace.org or call 347-RING-TIU. And follow our new social accounts on Instagram and Tiktok @ThisIsUncomfortablePod
With Valentine’s Day around the corner, in this episode we’re taking a look at what it’s like to be looking for love right now — and the technology that’s meant to help us do it. Lots of dating apps are integrating AI features these days, but are they making it easier to find real-life connections? We talk to Jason Parham, senior writer at Wired magazine, to try to find out.
Cliche or not, engaging with art is certainly one of the best ways to take a step back when the news cycle gets extra heavy. On the show today, Kimberly is joined by Maggie Smith, poet and host of “The Slowdown” podcast. They talk about why reading and writing are so good for the soul, and about the importance of practicing creativity when funding for the arts is under attack. Maggie also reads a poem she selected specially for us! Plus, we’ll hear from two listeners about their self-care rituals.
Hey Smarties! There won’t be a livestream for “Economics on Tap” today. But don’t worry! “Economics on Tap” will return soon on Feb. 20. For now, we’re sharing a new episode from our friends over at “This Is Uncomfortable.” Enjoy!“Work Drama” is the “This Is Uncomfortable” advice column, answering your questions about sticky work situations. This week, Reema tackles your questions about workplace tension, co-worker cliques, bosses behaving badly, and some bizarre office policies. And she’s joined by one of our favorite culture writers and podcasters, Sarah Hagi, who hosts “Scamfluencers.”If you have any work drama going on, we want to hear about it! You can send it to us at uncomfortable@marketplace.org, leave a message at 347-RING-TIU, or fill out the form at the bottom of the page.
As the 2026 midterm elections approach, pollsters and strategists from all over the world of politics are trying to get a pulse on American families. Kimberly recently sat down with a panel of experts at the Aspen Forum on Children and Families to discuss what their research is revealing and what it means for the future of policies that affect children and families across the United States. So, we’re sharing some of that conversation today. Spoiler: the economy comes up a lot.Here’s everything we talked about today:VIDEO: "Reality Check: What's Really Going On With Families" from the Aspen Institute"Voters See a Middle-Class Lifestyle as Drifting Out of Reach, Poll Finds" from The New York Times"The good, the bad and the ugly of election polling" from “Make Me Smart” We love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
Hey Smarties! We recorded today’s episode before the House passed a spending package that will end the partial government shutdown. We’re monitoring the situation as it develops.President Trump has shown no signs of easing his pressure campaign on Federal Reserve Chair Jerome Powell. But this could spell trouble for Trump’s pick for Powell’s successor, Kevin Warsh. Marketplace’s Nancy Marshall-Genzer joins Kimberly to explain. Plus, we’ll get into what you should know about Warsh’s history at the Fed and more of the latest news from the central bank.Here’s everything we talked about today:"Trump’s Political Drama With Powell Overshadows Fed Rate Decision" from The New York Times "What would Kevin Warsh bring to the Federal Reserve?" from Marketplace"Fed keeps interest rates unchanged, despite pressure from Trump" from Marketplace"Trump Needs an Off-Ramp for Powell Feud to Speed Warsh Into Fed" from Bloomberg"The economic headache that's coming for Kevin Warsh" from PoliticoWe love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
The Winter Olympics kick off next week in Milan, Italy. On today’s show, Kimberly is joined by Jackie Wong, self-described skate nerd and host of “The Rocker Skating Podcast” to break down the basics of Olympic figure skating and who to watch at the Milan Cortina Games. Despite the sport’s popularity, figure skaters frequently struggle financially off the ice. We’ll get into it. Plus, you pick: real hockey or “Heated Rivalry”? Here’s everything we talked about today:"Winter Olympics 2026 guide: All you need to know about the Milan Cortina Games" from AP News"Milan Cortina Olympics: Figure skating could have multiple American golds" from Yahoo Sports"What Should I Watch at the 2026 Winter Olympics?" from The Cut"Around 5 billion people - 84 per cent of the potential global audience - followed the Olympic Games Paris 2024" from the International Olympic Committee "To Go for the Gold, These Olympians Went Into the Red" from The Wall Street JournalWe love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
In line with President Trump’s broader crackdown on immigration, the administration has moved to end the Temporary Protected Status program for certain countries including Venezuela and Haiti. TPS has allowed immigrants from countries with unsafe environments to temporarily live and work legally in the United States for decades. On today’s show, Marketplace’s Elizabeth Trovall joins Kimberly to share her recent reporting on Haitian care workers in Florida who will soon lose their legal status and the wider impact it could have on the U.S. economy.
The European Union is still reeling after President Trump’s Davos appearance, even after he walked back some of his Greenland threats. A big question remains: How should the EU deal with Trump going forward? Financial Times correspondent Paola Tamma joins Kimberly from Brussels to explain Europe’s shifting approach to Trump and why officials haven’t yet taken more drastic measures to respond to his economic threats. Could a push to seek alternative trade allies be an antidote?
Tech companies are pouring billions into developing the infrastructure necessary to meet the demand for artificial intelligence. But what does that infrastructure look like on the ground? Marketplace Tech’s Meghan McCarty Carino joins Kimberly to share her takeaways after visiting a variety of data centers and reporting on the surge in AI investment. Plus, we’ll weigh in on microdramas and AI slop during a round of Half Full/Half Empty!Here’s everything we talked about today:"Inside the relentless race for AI capacity" Financial Times"Redwood Materials built record grid storage project using old EV batteries" Canary Media"Just how big is the AI investment wave?" from Reuters"YouTube says battling ‘AI slop’ is a top priority" from The L.A. Times"TikTok-like microdramas are going to make billions this year, even though they kind of suck" from Tech Crunch"Apple to Revamp Siri as a Built-In iPhone, Mac Chatbot to Fend Off OpenAI" from Bloomberg "Ads Are Coming to ChatGPT. Here’s How They’ll Work" from WiredWe love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
President Trump has routinely sought to influence the business dealings of U.S. media companies, including Netflix and Paramount’s fight over the future of Warner Bros. Rodney Benson, author of the book “How Media Ownership Matters,” has argued there’s a word for this trend: media capture. On today’s show, Benson joins Kimberly to explain how the phenomenon works and why he believes it’s playing out in the U.S. Plus, we’ll smile about the wonders of the cosmos.Here’s everything we talked about today:"Trump World Is Picking Sides in the Battle for Warner Bros." from The Wall Street Journal"Is the US Media Captured?" From Columbia Journalism Review"Trump's Year of Media Capture" from Rolling Stone"Inside Bari Weiss’s Hostile Takeover of CBS News" from The New Yorker"Rodney Benson on the Value of Publicly Backed Journalism" from Columbia Journalism ReviewJoin us tomorrow for “Economics on Tap.” The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.
For student loan borrowers, the past few years have felt like whiplash. From the fallout of the Biden-era SAVE plan to policies in the Trump administration’s One Big Beautiful Bill Act, the federal financial aid system is getting an overhaul this year. On today’s show, founder and president of The Institute of Student Loan Advisors Betsy Mayotte joins Kimberly to break down what borrowers need to know about the major changes coming to federal student loans in 2026.
On today’s show, Dana Ferguson, political correspondent for MPR News, joins Kimberly to share how her community has been affected by a recent surge in Immigration and Customs Enforcement activity, including the fatal shooting of Renee Macklin Good. We’ll also discuss the impact on small businesses in the Twin Cities and the political fallout from Minnesota Governor Tim Walz’s decision to end his reelection campaign.Here’s everything we talked about today:"Minnesota business owners feeling the effects of ICE enforcement actions" from MPR News"As immigration raids roil Minnesota, corporate leaders stay silent" from Marketplace "Tim Walz drops out of Minnesota governor’s race, Klobuchar considers jumping in" from Politico"With limited political power, Minnesota Democrats navigate resistance to Trump" from MPR News"Walz's exit from Minnesota governor's race will pose challenges for both parties" from MPR News"What to Nosh in the North Star State: Minnesota's Most-Iconic Dishes" from Food Network "Photos: The Minneapolis music scene, from the 1980s to now" from MPR NewsWe love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
Marketplace’s “This Is Uncomfortable” is back with new episodes about life and how money messes with it. Today, host Reema Khrais joins Kimberly to share some of what she’s learned from conversations on how to survive job hunting in today’s brutal labor market and what it really means to have “enough” money. Plus, how anxiety about money can actually hold you back financially.Check out new episodes from “This Is Uncomfortable:”"We're back: How much money is ‘enough’?" from “This Is Uncomfortable”"Surviving job hunting hell" from “This Is Uncomfortable”"The number of long-term unemployed is growing. What does that tell us about the economy?" from Marketplace Join us tomorrow for “Economics on Tap.” The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.
Seemingly infinite battles over President Donald Trump’s agenda have been playing out in the courts over the past year. But when all’s said and done, are these legal challenges actually working? Politico legal affairs reporter Kyle Cheney joins Kimberly to discuss. Plus, they’ll get into the Supreme Court’s impending decision on Trump’s tariffs and why even some GOP members are breaking rank to speak up about the Justice Department’s investigation into Federal Reserve Chair Jerome Powell.Here’s everything we talked about today:"Jan. 6 — five years later" from Politico "Trump's push to politicize the Fed could cause further market "volatility'" from Marketplace Post by @kyledcheney.bsky.social "‘The courts are helpless’: Inside the Trump administration’s steady erosion of judicial power" from CNN Politics "Trump’s ‘Superstar’ Appellate Judges Have Voted 133 to 12 in His Favor" from The New York Times"Supreme Court blocks Trump effort to deploy National Guard troops to Illinois" from Politico "Supreme Court appears skeptical of Trump admin's tariff arguments" from Marketplace We love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
On today’s show, WNYC reporter Brigid Bergin joins Kimberly to talk about New York City’s brand new Mayor Zohran Mamdani, whose campaign on affordability caught nationwide attention. We’ll get into how Mamdani is tackling affordability during his first days in office, how the business community is reacting, and how his administration is navigating an unpredictable White House. Plus, the case for daydreaming more in 2026.Here’s everything we talked about today:"Gov. Hochul, Mayor Mamdani announce push for free child care for NYC 2-year-olds" from Gothamist "NYC to provide expansion of free child care in "high-need" areas" from Marketplace"MAMDANI’S FIRST 100 DAYS: Mayor signs executive orders targeting junk fees and subscription traps" from amNY"The Mamdani vs. big business era begins as mayor pledges 'economic justice'" from Gothamist"Politics Trump administration freezes $10 billion in child, family aid to 5 states over fraud concerns" from CNBC  "The new go-to for Napa Valley wine lovers? Costco" from Marketplace "Google adds proofreading, AI summaries to Gmail with new update" from Marketplace "Why you should put down your phone and daydream instead" from The Washington Post"At grocery stores, shopping with a side of biometric surveillance" from MarketplaceWe love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
In the wake of U.S. military action in Venezuela, including the capture of the country’s leader Nicolás Maduro, we’re left with questions about what this moment could mean for the future of U.S. foreign policy and the global economy. On the show today, director of the Atlantic Council’s Adrienne Arsht Latin America Center Jason Marczak joins Kimberly to explain why the Trump administration is shifting its focus back toward the Western Hemisphere, harkening back to the Monroe Doctrine. Plus, what it would take to revitalize Venezuela’s economy. Here’s everything we talked about today:"Experts react: The US just captured Maduro. What’s next for Venezuela and the region?" from the Atlantic Council"Donald Trump asserts control over Venezuela—and all the Americas" from The Economist"For Big Oil, Venezuela's reserves show long-term promise" from Marketplace  "What Is the Monroe Doctrine, and How Is Trump Reasserting It?" from Time"Dispatches from Venezuela: Red roofs and the new ogling" from MarketplaceJoin us tomorrow for “Economics on Tap.” The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.
It’s been a year since the Eaton and Palisades fires swept through Southern California, taking 31 lives and destroying over 16,000 structures — including the homes of “Marketplace Morning Report” host David Brancaccio and his neighbors in Altadena. On the show today, David joins Kimberly to talk about the road to rebuilding the community and the complicated, costly task of rebuilding with fire resistant materials. Here’s everything we talked about today:"How my Altadena neighbors are rebuilding, one year since the Eaton Fire" from Marketplace "L.A. wildfires broke record for costliest in the history of the planet" from the San Francisco Chronicle "These numbers tell the story of the Los Angeles wildfires, one year later" from AP News"Marketplace’s David Brancaccio on community, loss and rebuilding in Altadena" from Marketplace"To rebuild homes cheaper, faster and safer, some want new rules" from MarketplaceWe love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
Hey smarties! Happy New Year. We’re taking a short break for the holidays. In the meantime, we’re sharing an episode from our friends over at “This Is Uncomfortable.” Reema Khrais and the team are getting ready to relaunch the show on Jan. 15. Stay tuned for new episodes!Nikki Massie never had a reason to question her salary. After more than a decade with the same company, she’d earned awards, promotions and the trust of co-workers who felt like family. But then one day, she discovered she might have missed out on tens of thousands of dollars over the years. Nikki began to wonder: What do you do when you suspect you’ve been underpaid? And at what point do you consider walking away? If you liked this episode, share it with a friend. And to get even more Uncomfortable, subscribe to our newsletter!
Hey smarties! Happy New Year. We’re taking a short break for the holidays. In the meantime, we’re sharing an episode from our friends over at “This Is Uncomfortable.” Reema Khrais and the team are getting ready to relaunch the show on Jan. 15. Stay tuned for new episodes!When newlyweds Chantal and Travis Lisback started searching for their dream home in Seattle, they weren’t entirely on the same page. Chantal was eager to settle down as soon as possible, while Travis was more comfortable waiting a few years. As the search dragged on, what began as a shared dream started to feel more like a standoff. This week, a story about how a big life decision can bring to light the money and communication issues you didn’t know were there. Plus, later in the episode, Chantal and Travis sit down with financial therapist Aja Evans to unpack what’s happening beneath the surface, and how to approach money fights with more care and intention. If you liked this episode, share it with a friend!
Hey smarties! We’re on a break for the holidays and revisiting some of our top episodes from 2025. We can’t do this show without you and we still need your support. If you can, donate today to keep independent journalism going strong into 2026 and beyond. Give now to support “Make Me Smart.” Thank you so much for your generosity, happy holidays and we’ll see you in the new year.The holidays are just around the corner. And for many, it might mean being a guest at, or hosting, a friendsgiving get-together or other holiday party. Regardless of which side of the gathering you’re on, it can be stressful. But fret not! Casey Elsass, author of the book “What Can I Bring? Recipes to Help You Live Your Guest Life,” joins Kimberly from New York City to share tips on how to host and attend a great holiday party without breaking your bank account. Plus, we’ll play a round of This or That!
Hey smarties! We’re taking a short break for the holidays. In the meantime, enjoy this bonus episode on one of Kimberly’s favorite topics: anime!Anime had a big year in 2025. The animated film “KPop Demon Hunters” broke Netflix’s record for most-watched movie on the streaming platform. And “Demon Slayer: Infinity Castle" became the top-grossing international film ever at the North American box office. When “Demon Slayer: Infinity Castle” debuted in theaters earlier this year, Kimberly spoke with Crunchyroll’s executive vice president of global commerce Mitchel Berger about the strategy behind the film’s release and the future of anime content.
Hey smarties! We’re taking a short break for the holidays. So today, we’re revisiting one of our favorite episodes from 2025. Enjoy!Today we’re diving into the business of music. Trapital founder Dan Runcie joins Kimberly to explain what Anthropic’s recent copyright settlement with authors could mean for record labels who’ve sued AI companies, the “fair use” debates dominating the music industry, and why even the biggest stars are struggling to create chart-toppers these days. Plus, we’ll celebrate a win from one of our listeners.
On today’s show, we’re digging into the mailbag to hear our listeners’ thoughts on the economy in 2025. Spoiler: tariffs came up a lot. And, we’ll hear from some of the reporters who helped us make sense of the news this year about what they’ll be keeping an eye on in 2026. Plus, we’ll celebrate a win!Here’s everything we talked about today:"Trump shook up global trade this year; some uncertainty may persist in 2026" from Reuters"Trump tests his 'affordability' message in a midterm battleground district" from NBC News "This K-shaped economy is reliant on high-income spenders" from Marketplace"Jerome Powell’s era of consensus at the Fed is over" from CNN Business"Missouri House advances proposal that could curtail ballot initiatives passing" from STLPR We love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
Hey Smarties! We’re dropping into your feeds today to share this special coverage from Marketplace.For many people gathering around the table this holiday season, things feel a little different. Maybe it’s the cost of ingredients that’s on your mind, or cuts to USDA funding that have left your food bank running low. Or maybe it’s the simple reality of a packed schedule — there’s a lot to cook, and so little time. In this special from Marketplace, we bring listeners a collection of stories on the business and economics of food. Our reporters take us across the country to farms, home kitchens, and restaurants. We visit a refugee farmer in Houston, a chocolate-making lab in California, and stop for a bite at an award-winning restaurant in Portland.
Family caregivers in the United States are increasingly under mental and financial stress. Elizabeth Miller, founder of the caregiver resource platform Happy Healthy Caregiver, is here to help. On today’s show, Miller joins Kimberly to talk about prioritizing self-care and how you start caregiving conversations with family. Plus, we’ll get in the holiday spirit with a round of This or That!Here’s everything we talked about today:"New Report Reveals Crisis Point for America’s 63 million Family Caregivers" from AARP "How To Prepare To Be A Caregiver And Manage The Costs" from Today "5 Powerful Tips to kick off “the Talk” with Your Loved Ones" from Happy Healthy Caregiver"How to Make a Caregiving Plan (So It’s Ready When You Need It)" from The New York TimesIf our reporting has been valuable to you in 2025, consider becoming a Marketplace Investor. Give now: https://support.marketplace.org/smart-sn
Long-term care is expensive in the United States. With Medicaid spending cuts looming and the Trump administration’s deportation plans threatening the caregiving workforce, the system is under even more pressure. On today’s show, Allison Hoffman, health law expert at the University of Pennsylvania’s Carey Law School, joins Kimberly to unpack why the caregiving industry suffers from chronic labor shortages and how the U.S. could finance long-term care differently to make it more affordable. Here’s everything we talked about today:"What Role Do Immigrants Play in The Direct Long-Term Care Workforce?" from KFF"Trump’s deportation plans threaten 400,000 direct care jobs: Older adults and people with disabilities could lose vital in-home support" from Economic Policy Institute "A brief history of Medicaid and America’s long struggle to establish a health care safety net" from The Conversation "The age-old problem of long-term care" from MIT News "Solving the Home Care Quandary" from The New York TimesJoin us tomorrow for “Economics on Tap.” The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.
Roughly 1 in 4 Americans now identifies as a family caregiver. That share has risen dramatically over the past decade. With more people needing care and limited options for affordable long-term care services in the United States, caregivers are strained—often mentally and financially. On today’s show, Debra Whitman, chief public policy officer of AARP, joins Kimberly to unpack how this “invisible workforce” fits into the broader economy and how we can make caregiving more sustainable for families.Here’s everything we talked about today:"Caregiving in the US 2025" from AARP"The number of “sandwich generation” caregivers is growing" from Marketplace "If Americans Were Paid For Their Caregiving, They Would Make More Than $1.1 Trillion" from the National Partnership for Women and Families"Returning to the Workforce After Being a Caregiver" from Harvard Business Review"Invisible crisis: America’s caregivers and the $600 billion unpaid cost of their labor" from ABC News"Caregiving in the US 2025: Caring Across States" from AARPWe love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
Florida is a state that often feels tangible impacts of climate change, with strong storms and hurricanes making landfall in the state every hurricane season. However, this year is the first time in a decade that the Sunshine State was spared from experiencing a single hurricane. Jessica Meszaros, a climate change reporter at WUSF, joins Kimberly to explain how Floridians are rebuilding a year after hurricanes Debby, Helene and Milton hit the state. Plus, we’ll play a round of Half Full/Half Empty!Here’s what we talked about on the show today:“Florida and the U.S. were spared of hurricanes in 2025, but storms are still rapidly intensifying” from WUSF“Hurricane Helene Response” from US Army Corps of Engineers“Assessment of Agricultural Losses Resulting from Hurricane Milton” from University of Florida IFAS“Disaster and insurance costs are rising. The middle class is struggling to hang on” from NPR“Sorting trash can be dirty and dangerous. Sounds like a job for AI” from Marketplace“Disney comes to Sora: What you can and can't do with the characters” from Axios“How fruitcake became a Christmas classic (even if it’s unpopular)” from MSN“City life is reshaping raccoons – and may be nudging them toward domestication” from The Guardian
The Federal Reserve cut interest rates by a quarter of a percentage point Wednesday. And this decision comes as President Donald Trump continues to put pressure on the supposedly independent agency to move the economy the way he wants. Plus, the president is reportedly beginning final interviews for Fed Chair Jerome Powell’s potential successor.Here’s everything we talked about today:“Fed lowers interest rates again amid debate over inflation, jobs” from The Washington Post“Trump to start final Fed chair interviews beginning with Kevin Warsh” from CNBC“What a Fed rate cut means for your home, car and credit card loans” from The Washington Post“Watch out for these refinancing red flags” from Marketplace Morning Report
Rare-earth elements help power our everyday electrical devices, and that’s because most batteries are made with minerals like lithium, nickel, cobalt and graphite. As of now, China produces more of these minerals than any other country. But some mining companies are eyeing the deep sea’s floor, says Marketplace contributor Dan Ackerman, because such rare earths form organically way down there. Plus, the ethical concerns that come with this deep-sea mining.Here’s everything we talked about today:“Companies are betting on deep sea mining for critical minerals” from Marketplace Tech“New policies may part the waters for ocean mining” from Marketplace Morning Report“In the depths of the ocean, a new contest between the US and China emerges” from The Guardian“Trump’s New Executive Order Promotes Deep Sea Mining in US and International Waters While Bypassing International Law” from Inside Climate News
As another holiday season kicked off on Black Friday, finding the perfect gift is top of mind for many. But how much will weary American consumers be willing to spend this year? Based on early data … it’s a lot! Marketplace’s Kristin Schwab joins Kimberly to explain why the K-shaped economy may explain the contradiction and why AI is making its way into Americans’ shopping habits. Plus, we’ll play a round of Half Full/Half Empty!Here’s what we talked about on the show today:”September retail sales fail to impress” from Marketplace”Black Friday, Cyber Monday spending expected to top records” from Marketplace”Black Friday Sales Spike Despite Economic Uncertainty, Study Shows—Here’s Why” from Forbes“‘Tis the season for credit card debt” from Marketplace”How are retailers benefiting from the "buy now, pay later" boom?” from Marketplace”What is your Spotify listening age?” from Marketplace”More than 8 in 10 Americans are more likely to purchase secondhand gifts this year” from Retail Brew”Target Launches New AI-Powered Features to Make Holiday Shopping Easier, Smarter and More Fun” from PR NewswireMissed Giving Tuesday? It's always a great time to become a Marketplace investor. Give now: https://support.marketplace.org/smart-sn
The average age of Congress' members has gotten older compared to the Americans it represents. This 119th Congress is the third oldest since 1789. On today’s show, Princeton economist Owen Zidar joins Kimberly to explain how decades of public policy have fueled a generational wealth gap and what our so-called gerontocracy has to do with it. Plus, what it would take for Congress to really address the economic issues younger Americans are facing.Here’s everything we talked about today:”It’s My Party and I’ll Leave When I Want To” from Intelligencer”Gerontocracy is everywhere” from Slow Boring”How baby boomers got so rich, and why their kids are unlikely to catch up” from The Washington Post”The Age Divide: How America’s Electoral System Reinforces the Gerontocracy” from New America”The Everywhere Millionaire” by Owen ZidarWe love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
If you could send a message to yourself, 20 years into the future, what would you say? On today’s show, Scientific American’s editor-in-chief David Ewalt joins Kimberly to share how he built an e-mail time capsule two decades ago and how human relationships kept the project alive despite the challenges of a rapidly changing technology and media landscape.Here’s the article we talked about today:"How Forbes Sent E-mails to the Future—And What Happened 20 Years Later" from Scientific American Become a Marketplace Investor today, and your impact will be  doubled. Give now: https://support.marketplace.org/smart-sn
Each year on Black Friday, millions of Americans go out in search of the best holiday season shopping deals. But have you ever wondered about the origins of the holiday? The little ones in your life may be wondering about that too. Today, we’re sharing a special crossover episode from Marketplace kids podcast “Million Bazillion.” Bridget and Ryan team up with the hosts of “Forever Ago” to explain Black Friday’s history. Plus, they share tips on how to shop smarter during the holiday season.
Hey Smarties! Happy Thanksgiving. Today we’re sharing an episode from the latest season of Marketplace’s climate podcast, “How We Survive,” that has to do with the future of what’s on your dinner table. As the planet heats up, the climate of the Midwest is changing. It’s pushing the invisible line separating the humid East and arid West eastward which has major implications for our food supply. In this episode, Amy Scott drives across Kansas to find out how farmers are adapting.
Business has been booming for the online sports betting industry. Prediction markets threw a curveball. On today’s show, sports betting industry writer and analyst Dustin Gouker joins Kimberly to explain how prediction markets are disrupting sports betting and the legal questions surrounding it. Plus, we’ll get into what it means to live in a world where you can bet on anything, anytime from your phone.Here’s everything we talked about today:"Why are sports betting companies getting into the prediction market?" from Marketplace"FanDuel, DraftKings Leaving American Gaming Association" from The Closing Line"From Kalshi to Polymarket to FanDuel, America Is One Giant Casino" from Business Insider"What is Kalshi, the predictions market that’s attracted the NCAA’s attention?" from The Athletic"The Sports-Betting Disaster" from The New YorkerHow to contact the National Problem Gambling HelplineWe love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
The holidays are just around the corner. And for many, it might mean being a guest at, or hosting, a friendsgiving get-together or other holiday party. Regardless of which side of the gathering you’re on, it can be stressful. But fret not! Casey Elsass, author of the book “What Can I Bring? Recipes to Help You Live Your Guest Life,” joins Kimberly from New York City to share tips on how to host and attend a great holiday party without breaking your bank account. Plus, we’ll play a round of This or That!Here’s everything we talked about today:“What Can I Bring? Recipes to Help You Live Your Guest Life” from Hachette Book Group“Potluck problems solved: Recipes that travel well and always impress” from MPR News“Americans Need to Party More” from The Atlantic“2024 Is the Year of the Dinner Party” from Eater“Song of the Shirt” from Thomas Hood
The United Nations’ climate summit, COP30, is underway in Brazil. But one country is notably absent: the United States. On today’s show, climate law expert Jennifer Haverkamp joins Kimberly to share her takeaways from COP30 so far and what the United States’ absence means for the future of global climate progress. Plus, the growing debate over whether climate finance should prioritize adapting to climate change or curbing fossil fuels.Here’s everything we talked about today:"Cop30 live: current climate pathway ‘a death sentence for many’, says UN secretary-general" from The Guardian "Debatable: How to fight climate change" from Semafor"With Trump absent from COP30 talks, the world moves on without U.S." from The Washington Post "Brazil Officials Are Divided Over Fossil Fuel Plan at COP30" from Bloomberg"India wants COP30 to focus on climate adaptation, but dries up own fund" from Al Jazeera  We love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
For the Affordable Care Act, it’s been one battle after another. The ongoing fight over the ACA subsidies at the center of the government shutdown are just the latest flash point in the law’s 15-year history. KFF Health News’ Julie Rovner joins Kimberly to break down where things stand with the ACA and whether we’re on the cusp of another national healthcare debate. Plus, the other health policy changes coming under the Trump administration.Here’s everything we talked about today:"The State of the Affordable Care Act" from KFF Health News"Oz: Trump administration weighing ACA subsidies extension" from The Hill "8 Things to Watch for the 2026 ACA Open Enrollment Period" from KFF "Obamacare sticker shock is more shocking in some states than others" from Politico"GOP plans to replace Obamacare have failed. Here’s what lawmakers propose now." from Washington Post  We love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
The Latin Grammys threw a party in Las Vegas last night. But this year, the Trump administration’s immigration crackdown has had a chilling effect on the Latin entertainment industry. Mountain West News Bureau reporter Yvette Fernandez joins Kimberly from Las Vegas to share her reporting, including how the city is handling a lengthy tourism slump. Plus, we’ll play a round of Half Full/Half Empty!Here’s everything we talked about today:"Latinx Files: Recapping the Latin Grammys" from The Los Angeles Times"Immigration crackdown, visa issues spark issues for Latin music festivals" from Marketplace "New Statistics Underscore Las Vegas' Prolonged Tourism Slump" from Travel Pulse"Healthcare costs continue to be at the heart of the government shut down as costs will still increase" from KNPR"He has a soulful voice, a No. 1 hit and he's not real. Meet AI star Breaking Rust" from USA Today"The death of the penny is leaving businesses stuck in the middle" from Marketplace"The growing business of disconnecting" Marketplace"Holiday catalogs are making a comeback" MarketplaceTest your news knowledge with Marketplace’s new weekly quizWe love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
Congress may have ended the shutdown (finally), but it’s still entangled in a power struggle with the Executive Branch. Kai Ryssdal has thoughts. On the show today, Kai and Kimberly get into what comes next in the shutdown’s wake, how the Trump administration’s tariff arguments went over at the Supreme Court and what the sliding balance of power in the federal government has to do with the health of the U.S. economy.Here’s everything we talked about today:"Court appears dubious of Trump’s tariffs" from SCOTUSblog"Trump floats $2,000 tariff rebate checks: Here's what you need to know" from CNBC"Trump claims tariff loss would force $3 trillion ‘unwind'" from Axios"If SCOTUS strikes down President Trump's current tariffs, he has plenty of other options" from Marketplace"How Congress Gave Up Its Own Power" from Time"Senate sinks measure to block military action against Venezuela" from PoliticoJoin us tomorrow for “Economics on Tap.” The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.
It’s Singles Day in China: a retail holiday that runs circles around Black Friday and Cyber Monday. By comparison, single Americans are an untapped market according to Peter McGraw, behavioral economist and host of the podcast “Solo: The Single Person’s Guide to a Remarkable Life.” But as the single population grows in the United States, will that change? We’ll get into it. Plus, the realities of the “singles tax.”Here’s everything we talked about today:"Singles’ Day is a $150B holiday in China. Here’s why I think ‘11/11’ will catch on in the US" from The Conversation "The rise of singlehood is reshaping the world" from The Economist"The rise of the ‘solo economy’ is driving new consumption patterns" from Futures Platform "The ‘singles tax’ means you often pay more for going it alone. Here’s how it works" from The Conversation We love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
On today’s edition of Economics on Tap, we’re heading to Virginia! The state held major elections this week, and affordability was top of mind for voters. VPM News reporter Patrick Larsen joins Kimberly to debrief the election results and explain why rising energy costs were a key campaign issue—and what data centers have to do with it. Plus, we’ll play a round of Half Full/Half Empty!Here’s everything we talked about today:"How do data centers figure into Virginia's 2025 elections?" from VPM News"Virginia’s Rural Voters Shift 12 Points Toward Democrats" from The Daily Yonder"Soaring energy prices gave Democrats a winning message" from Semafor"Pumpkinscaping could be coming to a porch near you" from Marketplace"iRobot Is in Trouble, but Roomba Is Already Dead" from Wirecutter"How is this novelty team outselling over half the MLB?" from Marketplace "What Travelers Need to Know About the Shutdown, Flight Reductions and Delays" from The New York Times We love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
Quantum computing is still in an experimental phase, but tech companies say it could eventually have an enormous impact on the global economy. How long is that going to take? On today’s show, science journalist Dan Garisto joins Kimberly to break down the basics of quantum computing and why it could take many years for the technology to move out of the lab and into the real world.Here’s everything we talked about today:"This Year’s Nobel Physics Prize Showed Quantum Mechanics Is a Big Deal—Literally" from Scientific American  "The Next Big Quantum Computer Has Arrived" from The Wall Street Journal "Google Measures ‘Quantum Echoes’ on Willow Quantum Computer Chip" from Scientific American "Futuristic quantum computing stocks take speculators on roller-coaster ride" from Reuters"Here’s How Quantum Computing Could Change the World" from The Wall Street Journal Join us tomorrow for “Economics on Tap.” The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.
President Donald Trump’s tariffs have rattled the global economy this year. That goes for both allies and adversaries of the United States. But the future of some of these tariffs hinge on the outcome of a Supreme Court case challenging their legality. On today’s show, Asma Khalid, co-host of “The Global Story” podcast from the BBC, joins Kimberly to explain what’s at stake. Plus, how international relationships are shifting in the Trump era.Here’s everything we talked about today:"The Global Story, The Supreme Court battle over Trump’s tariffs" from the BBC World Service"Geopolitics of Trump Tariffs: How U.S. Trade Policy Has Shaken Allies" from Council on Foreign Relations"The president who cried tariffs: will the US supreme court challenge Trump’s trade war?" from The Guardian  "China and India pledge to be 'partners not rivals'" from BBC News "The rise and fall of globalisation: the battle to be top dog" from The ConversationWe love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
On today’s show, we’re talking about facing your financial fears, because it’s a scary time for many in this economy! Reema Khrais, host of “This Is Uncomfortable,” joins Kimberly to unpack the financial anxieties some of our listeners shared with us, from feeling behind on retirement savings to feeling uncertain about the economy future generations will inherit. Plus, we’ll play a spooky game! Here’s everything we talked about today:"Financial Anxiety Is Rising. Here’s What You Can Do About It" from Bloomberg"Your Professional Decline Is Coming (Much) Sooner Than You Think" from The Atlantic"8 Things to Watch for the 2026 ACA Open Enrollment Period" from KFF"People insured through their employers likely to see higher premiums in 2026" from Marketplace"Government shutdown resources for federal employees" from Partnership for Public ServiceVIDEO: ”Inkwo for When the Starving Return Official Trailer” from the National Film Board of Canada"Halloween candy's getting lighter on the chocolate" from MarketplaceWe want to hear from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
As big companies announce waves of layoffs, lots of workers are worried about AI coming for their jobs. On today’s show, we tune in to part of Kimberly’s recent panel discussion at Aspen Ideas: Economy. President of the AARP Foundation Claire Casey, 1Huddle founder and CEO Sam Caucci, and Union College of Union County New Jersey President Margaret McMenamin share their insights on building a more diverse and resilient labor market in the years ahead. Plus, we hear a listener’s recent win: sewing a historically-accurate dress to sport at the local Renaissance Faire. Nice stitching, Hannah! Here’s everything we talked about today:"Layoffs are piling up, raising worker anxiety. Here are some companies that have cut jobs recently" from AP News"Tens of Thousands of White-Collar Jobs Are Disappearing as AI Starts to Bite" from The Wall Street JournalVIDEO: "Beyond Lip Service: Building a Resilient Labor Market" from Aspen Ideas: EconomyJoin us tomorrow for “Economics on Tap.” The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.
It’s Day 28 of the government shutdown, and lawmakers still aren’t budging on the budget. But Congress faces key deadlines this week: Funds for assistance programs like SNAP could run out, and Americans may see their healthcare premiums skyrocket as open enrollment for Affordable Care Act plans begins Nov. 1. On today’s show, Kimberly unpacks what’s at stake with CQ Roll Call reporter Aris Folley. Plus, we’ll answer some of your questions along the way.Here’s everything we talked about today: ”6 ways the shutdown is about to get worse” from Politico ”Largest federal workers union calls for an end to the shutdown, putting pressure on Democrats” from NBC ”Government shutdown continues to add to stress on air traffic controllers and disrupt flights” from AP News ”As Shutdown Drags and Trump Flexes, Congress Cedes Its Relevance” from the New York TimesWe want to hear from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
Hey Smarties! Today we’re sharing another episode from the latest season of “How We Survive,” Marketplace’s climate solutions podcast. Host Amy Scott and the “How We Survive” crew continue their exploration into the future of climate-conscious food with a look at the cutting edge of meat alternatives. Plus, Francis Lam, host of “The Splendid Table,” joins Amy to put cell cultivated meat to the test and shares some tips for cooking climate-friendly proteins.
Chicago has been dealing with a lot these days. The city has been a battleground for the Trump administration’s immigration crackdown and efforts to deploy the National Guard. On today’s show, Kimberly asks WBEZ’s Sasha-Ann Simons about what it’s like to be there now. And, we’ll get into more economic stories from the Windy City you should know about. Plus, we’ll play a game of Half Full/Half Empty!Here’s everything we talked about today:"ICE Is Cracking Down on Chicago. Some Chicagoans Are Fighting Back." from The New York Times"Local leaders react to ‘brutal escalation’ of immigration arrests in Little Village, Cicero" from WBEZ"Judge’s order blocking National Guard deployment will remain in effect for now, but all eyes on Supreme Court" from WBEZ"Coca-Cola taps mini cans and new flavors to spark a fizzling soda market" from Marketplace"‘It’s PR, not the ER’: Gen Z is resisting the workplace emergency" The Washington Post"Netflix’s ‘Stranger Things’ Series Finale Officially Coming to Theaters, Despite Previous Statements" from The Hollywood Reporter"Amazon Plans to Replace More Than Half a Million Jobs With Robots" from The New York Times We love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
The climate crisis has a lot to do with what we eat. That’s what the latest season of Marketplace’s climate solutions podcast “How We Survive” is all about. On today’s show, host Amy Scott joins Kimberly to share her big takeaways from the season. We’ll get into the business of cell cultivated meat and the tradeoffs that come with regenerative farming. Then, we’ll do some smiles. Plus, Kimberly’s PSA to use your fancy china!Here’s everything we talked about today:"How We Survive" from Marketplace"State of Climate Action 2025" from Systems Change Lab"I paid $65 for a giant collection of vintage dishes at a thrift store. Then I found out it's worth almost $1,000." from Business InsiderJoin us tomorrow for “Economics on Tap.” The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.
Hey Smarties! Today we’re passing the mic to our friends over at “How We Survive.” This season, Marketplace’s climate solutions podcast is diving into the future of food on a hotter, drier planet. In this episode, host Amy Scott and the “How We Survive” crew go on a food tour around Northern California to find out how some companies are experimenting with new ways to make foods threatened by climate change.
Today we’re taking a trip to Kimberly’s hometown: St. Louis, Missouri. St. Louis Public Radio’s politics correspondent Jason Rosenbaum joins Kimberly to break down the fights over Missouri’s congressional maps and voter-led ballot initiatives. And, we’ll get into how St. Louis is recovering from the historic tornado that swept through the city earlier this year. Plus, are you Half Full or Half Empty on St. Louis style pizza?Here’s everything we talked about today:"Democratic National Committee will contribute to blocking Missouri congressional map" from STLPR"Missouri voters and lawmakers clash over ballot initiative powers" from AP News"Missouri Gov. Kehoe activates National Guard to assist ICE agents" from STLPR"FEMA approves additional funding and assistance for St. Louis tornado debris cleanup" from STLPR"Should you postpone your flight during the government shutdown?" from Marketplace"Thune dangles Obamacare vote after shutdown ends" from Politico "Thin-Crust Fans, Meet St. Louis Pizza: Crunchy, Cheesy, and Totally Underrated" from Serious EatsWe love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
In this rough labor market, job seekers are more vulnerable to scams. We’ve all seen those texts, right? The ones offering jobs with suspiciously high pay for suspiciously little work? On today’s show, Marketplace’s Kristin Schwab joins Kimberly to share what happened when she replied to one of these scam messages. Plus, why AI and the shift to remote work has fueled the rise in job scams.Here’s everything we talked about today:"Job scam texts have become more frequent and more believable" from Marketplace"Who experiences scams? A story for all ages" from the Federal Trade Commission"Job Scam Texts Are Duping Gen Z, Millennials Amid Unemployment Fears" from Business InsiderJoin us tomorrow for “Economics on Tap.” The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.
The effects of government shutdowns are felt particularly deeply in tribal communities across the United States. That’s because the federal government has a constitutional obligation to fund services in Indian Country. But when the government closes, tribal nations are left to pick up the tab. Marketplace’s Savannah Peters joins Kimberly to explain how tribal communities get caught up in the federal government’s dysfunctional budget process and why tribal leaders argue this needs to change.Here’s everything we talked about today:"How the government shutdown is playing out in Indian Country" from Marketplace "Tribal governments fend off the worst of the impacts of the shutdown" from High Country News "The shutdown isn’t big for Utah’s tribes yet. If it drags on, that’s the problem" from KUER "In Indian Country, federal budget dysfunction takes a toll" from MarketplaceWe love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
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
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.
A growing list of U.S. cities are set to see National Guard troops in their communities as President Trump explores ways to deploy the military on American soil. But legal challenges are piling up. On today’s show, Kimberly talks with Patrick Eddington, senior fellow in homeland security and civil liberties at the Cato Institute, about the changing role of the National Guard and why Trump’s use of the Guard defies precedent.Here’s everything we talked about today:"The President’s List of Subversive Organizations" from the Cato Institute"Trump’s use of Guard may have lasting impact on cities and troops" from The Washington Post"Trump's use of the National Guard sets up a legal clash testing presidential power" from AP News"Troops and marines deeply troubled by LA deployment: ‘Morale is not great’" from The Guardian"What We Lose by Distorting the Mission of the National Guard" from The AtlanticWe love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
On today’s show, Kimberly is joined by Marketplace’s very own Henry Epp to chat about his reporting on the “maturing” of the craft beer industry, and just who's sipping all those IPAs and sours. They'll also get into how the Trump administration is using the government shutdown to consolidate power. Plus, we’ll play a round of Half Full/Half Empty!Here’s everything we talked about today:“For years, craft beer was booming. Now, it’s ‘maturing’” from Marketplace“Trump charts path to total control amid government shutdown” from Axios“AOL’s dial up internet takes its last bow, marking the end of an era” from the Associated Press“Colleges turn to video essays to counter AI-written submissions” from Marketplace Tech“Robots are learning to make human babies. Twenty have already been born.” from The Washington Post“Buy it in ChatGPT: Instant Checkout and the Agentic Commerce Protocol” from OpenAI“The future of loyalty” from Business Insider
Messy fights over funding the federal government have become all too familiar in American politics. Why are we like this? On the show today, The Brookings Institution’s Molly Reynolds joins Kimberly to explain how shutdowns became Congress’ political weapon of choice and why the federal budget process has gotten even more complicated under the Trump administration. Plus, we hear from you, our dear listeners.Here’s everything we talked about today:"Congress has long struggled to pass spending bills on time" from Pew Research Center"Government shutdown continues as Senate Democrats hold firm on health care demands" from AP News"How John Thune sees the shutdown ending" from Politico"What are Democrats' demands in the government shutdown fight?" from MarketplaceShow your love for Make Me Smart and our community of curious listeners! Donate now to get us one step closer to our Fall Fundraiser
Las Vegas is facing a months long decline in tourism, partly due fewer international visitors to the United States overall. So is Las Vegas dead? “Marketplace Morning Report” host David Brancaccio went to find out. He joins Kimberly on the show today to share what he’s hearing from business owners and tourists about the city’s economic slump. Here’s everything we talked about today:"Sin City tourism slump signals wider economic slowdown" from Axios"An Empty Strip And Fewer Tips: Is Las Vegas In Trouble?" from Time"Las Vegas is hurting as tourism drops. Are Canadians behind the Sin City slump?" from CBC NewsThe way forward is together! Step up and be one of 2,000 Marketplace Investors before our fundraiser ends Friday. Give now: https://support.marketplace.org/smart-sn
Hey Smarties! Today we’re sharing a special bonus episode from “How We Survive.” It’s a conversation between host Amy Scott, “Marketplace” host Kai Ryssdal and Pulitzer Prize winning science writer Elizabeth Kolbert. Together, they dig into how the climate crisis is triggering economic disruption. Plus, some solutions to be hopeful about.And, we get a peek into Kolbert’s forthcoming book, ”Life on a Little-Known Planet: Dispatches from a Changing World.” In this collection of her most influential essays, Kolbert takes readers around the globe, telling stories about caterpillars, whale conversations and the people trying to preserve our planet.This conversation was recorded live, over Zoom, in front of an audience. You can watch the webinar here. The event is presented by Odoo with additional underwriting support from The Economist.
On today’s show, Alaska Public Media reporter Ava White joins Kimberly to make us smarter about Fat Bear Week and the issues that are top of mind for Alaskans right now. Alaska residents receive an annual check funded by the state’s oil royalties. But its purchasing power is lower than ever. We’ll get into it. Plus, we’ll weigh in on AI live translations and a rise in Hamburger Helper sales during a round of Half Full/Half Empty!Here’s everything we talked about today:"Meet the superfans going wild for Alaska’s fattest bears" from Alaska Public Media"Alaska ignored warning signs of a budget crisis. Now it doesn’t have money to fix crumbling schools" from KYUK”The 2025 Alaska Permanent Fund dividend will be $1,000” from Alaska Public Media"North Slope leaders applaud tax breaks for whalers in the GOP megabill” from KNBA"Why are restaurant chains opening beverage-focused spinoffs?" from Marketplace"AI is taking on live translations. But jobs and meaning are getting lost." from The Washington Post"Touchscreens in cars are finally on their way out. Good riddance" from Fast Company"Hamburger Helper Sales Rise as Americans Try to Stretch Their Food Dollars" from The New York TimesIt’s Half-Priced Hoodie Weekend! Give $10 a month to support our journalism today, and we’ll thank you with a cozy Marketplace zip-up hoodie: https://support.marketplace.org/smart-sn
Today we’re diving into the business of music. Trapital founder Dan Runcie joins Kimberly to explain what Anthropic’s recent copyright settlement with authors could mean for record labels who’ve sued AI companies, the “fair use” debates dominating the music industry, and why even the biggest stars are struggling to create chart-toppers these days. Plus, we’ll celebrate a win from one of our listeners.Here’s everything we talked about today:"The Generative AI Music Sweepstakes" from Trapital "Anthropic Agrees to Pay Authors at Least $1.5 Billion in AI Copyright Settlement" from Wired"Labels Claim Suno Pirated Songs From YouTube in Bulked-Up AI Copyright Lawsuit" from Billboard"YouTube copyright fight: Rick Beato warns UMG claims over short music clips could end his channel" from TechSpot TikTok from Lizzo"Kneecap, Faye Webster & 400 Other Artists Remove Their Catalogs From Israel: ‘No Music for Genocide’" from Billboard Join us tomorrow for “Economics on Tap.” The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.
President Trump is not a fan of the United Nations—he made that clear in his speech to the United Nations General Assembly today. Under Trump, the United States has pulled back from several efforts, including U.N. organizations, that have contributed to the country’s so-called soft power goals. On the show today, Joshua Eisenman, professor of politics in the Keough School of Global Affairs at the University of Notre Dame, joins Kimberly to discuss the changing role of the U.S. in global politics and how China is seizing this moment to gain more influence.Here’s everything we talked about today:"Trump tells UN in speech that it is 'not even coming close to living up' to its potential" from AP News"Geopolitics of Trump Tariffs: How U.S. Trade Policy Has Shaken Allies" from Council on Foreign Relations"How China Stands to Gain as the U.S. Steps Away From the U.N." from The New York Times"The Global South Won't Give Up on China" from Foreign RelationsIt's Marketplace's Fall Fundraiser! Give now and be one of 2,000 donors in 10 days: https://support.marketplace.org/smart-sn
On today’s show, Kimberly is joined by Marlon Hyde, business and economics reporter for WABE in Atlanta, to unpack the fallout of the massive ICE raid at a Hyundai facility in Georgia in which hundreds of South Korean nationals were arrested. And, we’ll get into what Atlanta small business owners are worried about these days. (Spoiler: it’s tariffs.) Plus, we’ll play a round of Half Full/Half Empty!Here’s everything we talked about today:"Immigration raid at Georgia Hyundai factory tests state’s longstanding relationship with South Korea" from WABE"Hyundai says it will spend $2.7 billion expanding part of the Georgia complex raided by ICE" from AP News"Atlanta develops human rights action plan for 2026 FIFA World Cup" from WABE"After another subpar summer of going to the movies, what's next?" from Marketplace"Finally, the era of free in-flight WiFi is near" from The Washington Post"Costco's New Shopping Hours Are a Sign of Tierification of US Economy" from Business Insider "People are boycotting Disney, Hulu, and ESPN after ABC yanked Jimmy Kimmel off the air. Will it work?" from Fast CompanyWe love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
This week, the Federal Reserve cut interest rates and made it clear that its attention is turning to the labor market. It’s showing cracks, particularly for Black workers. On the show today, Massachusetts Rep. Ayanna Pressley joins Kimberly to discuss rising Black women’s unemployment in the United States and why she’s calling on the Fed to do something about it. Plus, Kimberly digs through your anime recs. Which ones have you seen?Here’s everything we talked about today:"Pressley urges Fed chair to address Black women's unemployment as the figure rises" from NBC News"There are worrying signs buried in the August jobs report" from Marketplace "Rising Unemployment Among Black Women Is a Bad Economic Sign" from Time"Demon Slayer: Infinity Castle slays the U.S. box office with record-breaking debut" from PolygonJoin us tomorrow for “Economics on Tap.” The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.
The latest retail sales data shows U.S. consumers are still spending it up, even in the face of higher tariff costs and a shaky labor market. Wealthier Americans are driving the trend, but a “culture of treats” might also play a role. Marketplace’s Kristin Schwab joins Kimberly to explain her theory. Plus, brands like Gap are pitching themselves to Gen Z by riffing on Y2K fashion. Are you onboard?Here’s everything we talked about today:"Retail sales up 0.6% in August from July even as tariffs hurt jobs and lead to price hikes" from AP News"Top 10% of Earners Drive a Growing Share of US Consumer Spending" from Bloomberg "For some consumers, luxury is not a treat — it's a lifestyle" from Marketplace "Why are millennial brands trying to ride the Y2K trend?" from Marketplace"Why Gap’s ‘Better In Denim’ Ad Struck The Right Chord" from ForbesWe love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
Today’s news comes with a side of pawpaws. Kimberly is joined by Laura Blessing, senior fellow at the Government Affairs Institute at Georgetown University, to break down the moves President Trump is making to exert more control over government spending. As Congress faces the possibility of another shutdown head on, it’s souring the mood. Plus, we’ll play a new game! Can you guess which headline is fake?Here’s everything we talked about today:"What is a pawpaw, and will I ever be able to buy it at the grocery store?" from Marketplace"‘Don't even bother dealing with them,’ Trump says of Democrats’ shutdown demands" from Politico"What to know about Trump’s ‘pocket rescission’" from The Hill "Paris Hilton mini-fridges recalled due to fire, burn hazards" from The Hill  "Musk got DOGE's mission "backward," Lutnick says" from Axios  "Trump announces crackdown on pharmaceutical advertising" from Politico We love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
In the wake of yesterday’s assassination of right-wing activist Charlie Kirk, Regina Bateson, a political science professor at the University of Colorado Boulder, joins Kimberly to unpack the rise of targeted political violence in the United States and what it means for the health of our democracy. Then, one of our listeners shares how digitizing her great grandmother’s WWII diaries helped connect her with her family’s past.Here’s everything we talked about today:"A new dark normal of political violence still shocks the nation" Politico "Tracking Attitudes About Elections and Political Violence Over Time" from States United Democracy Center"How Americans Justify Political Violence" from The New York Times Magazine "Special Report: Key Political Violence and Resilience Trends From 2024" from the Bridging Divides Initiative Check out Beth’s digitized diary project Join us tomorrow for “Economics on Tap.” The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.
On today’s show, host of APM Reports’ “Sold a Story” podcast Emily Hanford joins Kimberly to make us smarter about the science of reading movement. It’s gained a foothold over the past few years (thanks in part to “Sold a Story”). But the Trump administration’s cuts to the Department of Education could slow the momentum of reading research and the effort to share it with educators.Here’s everything we talked about today:"Episode 14: The Cuts" from “Sold a Story”"$900 Million in Institute of Education Sciences Contracts Axed" from Inside Higher Ed"How legislation on reading instruction is changing across the country" from APM Reports"What to Know About the Science of Reading" from The New York TimesLearn some Kimberly Adams trivia on Marketplace’s InstagramWe love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
Hey Smarties! Today we’re sharing an episode from the latest season of “How We Survive,” Marketplace’s climate solutions podcast. Host Amy Scott and the team have been digging into the rise and fall of environmental, social and governance-based investing, or ESG. In this episode, ESG comes back to life in new forms of climate-conscious investing.
Hey Smarties! Today we’re passing the mic to our friends over at “How We Survive,” Marketplace’s climate solutions podcast. Their latest season digs into the rise and fall of environmental, social and governance-based investing, or ESG. In this episode, host Amy Scott and the team dig into how one Texas law spurred a right-wing movement against ESG.
Hey Smarties! “Make Me Smart” will be back with new episodes Sept. 9. In the meantime, we’re sharing an episode from the latest season of “Million Bazillion.” Hosts Bridget and Ryan dive into why organic food tends to cost more than non-organic with the help of Marketplace reporter Stephanie Hughes. Whether you’re a kid or grown-up, if you’re curious about the prices we pay at the grocery store, there’s something in this episode for you.
These are tumultuous times in the economy. Inflation is still happening, the job market is weakening, and there's uncertainty over tariffs and other federal policies. But the headlines don’t capture the real costs of everything happening right now. Today, Kai Ryssdal is popping into your feed with special coverage and reporting from “Marketplace" to explore the way we measure this economy and what’s at stake if those statistics become suspect.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 the show today, Kimberly joins us from the anime convention AnimeNYC to share more about the economic impact of the anime industry and what cosplayers and business owners are saying about the economy right now. Spoiler alert: Tariffs are top of mind! And, we’ll weigh in on corporate apologies and the spicy food craze during a round of Half Full/Half Empty! Plus, a big thank you to Reema as she wraps up her time on the show.Here’s everything we talked about today:"10 anime series that will teach you about economics" from Marketplace"Here's the corporate strategy behind switching from merit increases to flat raises" from Marketplace"The era of the public apology is ending" from Axios"Amazon now sells used Hertz rental cars" from The Verge"How spicy became the hottest flavor in town" from Marketplace"Money and Relationships" e-book from Marketplace“Make Me Smart” will be back Sept. 9. Until then, leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
COVID-19 cases are on the rise again, and the federal guidelines for who should get vaccinated are in flux. We’ll unpack how it could impact what insurers are willing to cover this fall. And, as President Trump’s federal takeover of Washington D.C. continues, why is the city so quiet? Kimberly shares her take as a local. Plus, The Onion is proving that print publications can still thrive in the digital age.Here’s everything we talked about today:"Why Washington Residents Aren’t Flooding the Streets to Protest Trump" from Politico  "Top White House officials turn to public appearances with troops as a tense Washington watches" from AP News"JD Vance booed during hamburger handout to national guard troops in DC" from The Guardian "Trump's police takeover of DC has a surprising casualty: restaurant reservations" from Fortune"Will I Be Able to Get the New 2025 COVID Vaccine This Fall?" from The Cut "For some, fall Covid shots may come with copays — or no coverage at all" from NBC News"The Onion Brought Back Its Print Edition. The Gamble Is Paying Off." from The Wall Street JournalDon’t miss Kimberly’s anime recommendations in this week’s Marketplace newsletter. Sign up at marketplace.org/subscribe.
Ahead of the central bank’s big meeting in Jackson Hole this week, President Trump is ramping up pressure on the Federal Reserve, calling for Fed governor Lisa Cook to resign over accusations of fraud. We’ll get into it. And, SpaceX got a win in federal court that could have lasting effects on the power of the National Labor Relations Board. Plus, what makes a good life?"Appeals court says NLRB structure unconstitutional, in a win for SpaceX" from Tech Crunch"The Government Just Made it Harder for The Public to Comment on Regulations" from 404 Media"Trump Says Smithsonian Focuses Too Much on ‘How Bad Slavery Was’" from The New York Times"Trump Considers Firing Fed Official After Accusation of Mortgage Fraud" from The Wall Street Journal"There’s a path to a good life beyond happiness and meaning" from The Washington Post We love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
Over the past few years, the anime industry has reached new heights on the global stage. Netflix reported that over half of its global viewers watch anime. And, certain anime titles will soon be streaming on Delta flights. On the show today, Anime News Networks’ Egan Loo makes us smart about the rise of the anime and manga industries, the global dynamics of anime production, and how AI could change everything. Later, we’ll get some advice on making a career change from a listener. And chess player-turned-economist Kenneth Rogoff answers the Make Me Smart question.Here’s everything we talked about today:"Anime Is Booming. So Why Are Animators Living in Poverty?" from The New York Times"From Piracy Problems to Labor Shortages, the Anime Industry Is Facing a Reckoning" from Screen Rant"Thousands of Anime Titles Will Soon Be Streamable on Delta Flights" from Timeout"Sony’s Crunchyroll Makes Layoffs as It Restructures to Lean Into International Growth Markets" from Variety"The Biggest Movie You Haven't Seen Is Finally Coming To US Theaters" from Inverse  "How Korean webtoons are changing the comic industry—and the careers of creators" from Fast CompanyDon’t miss Kimberly’s anime recommendations in this week’s Marketplace newsletter. Sign up at marketplace.org/subscribe.
Republicans in Congress are attempting to claw back federal funding to replace the U.S. Postal Service’s outdated mail trucks with a mostly electric fleet. We’ll break down the fight. And, parents across the country are facing a slew of economic headwinds. How does a couple with 5 kids and a modest income make it work? Plus, a mysterious comet and a rebrand at MSNBC.Here’s everything we talked about today:"Republicans look to make a U-turn on federal commitment to electric vehicles for the Postal Service" from AP News"Senate Republicans cannot force US Postal Service to scrap EVs, parliamentarian says" from Reuters "What It’s Really Like to Support a Big Family on a Modest Income in America" from The Wall Street Journal "MSNBC to change name to MS NOW amid spinoff from NBCUniversal" from NBC News"A mysterious comet is shooting through our solar system. Why are scientists so excited about 3I/Atlas?" from The Guardian We love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
Immigration and Customs Enforcement has plans to nearly double the number of its immigration detention centers by the end of the year. The agency has an enormous budget to carry out its agenda, but can it find enough workers to do the job? We’ll get into it. And, we’ll play a round of Half Full/Half Empty!Here’s everything we talked about today:"ICE documents reveal plan to double immigrant detention space this year" from The Washington Post"ICE Has Tons of Cash, But Is Struggling to Hire Enough Agents" from Time"Secretary Noem Unveils No Age Limit for Patriotic Americans to Join ICE Law Enforcement to Help Remove Worst of the Worst from U.S." from the Department of Homeland Security "Spike in Corruption Followed Last Hiring Surge at CBP and ICE" from American Immigration Council"Adjustable-rate mortgages make a comeback" from Marketplace"The White House makes a play for Intel" from Marketplace"Work weeks are getting more intense for AI startups" from Marketplace"LA 2028 Olympics to sell venue naming rights" from AxiosWe love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
It’s not just you — we feel the bad vibes in the job market too. On the show today, we’ll unpack how what we’re hearing from those on the job hunt compares to what the data shows about a labor market slump. And, President Donald Trump says he wants to allow riskier assets like crypto and private equity investments in retirement accounts. Plus, mocktails make us smile.Here’s everything we talked about today:"Democratizing Access to Alternative Assets for 401(K) Investors" from The White House"Should You Include Cryptocurrency in 401(k) Investments?" from AARP"Trump wants your 401(k) to access crypto and private equity. Here's what to know." from CBS News"Would you add crypto to your retirement portfolio?" from Marketplace"How do hiring sites deal with a slowing job market?" from Marketplace"Long-term unemployment is rising as uncertain businesses hold off on hiring" from MarketplaceWe love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
Since President Trump’s firing of the Bureau of Labor Statistics commissioner over a weak jobs report, we’ve been thinking a lot about the trustworthiness of U.S. economic data. Other countries like China can offer a glimpse of what happens when that trust erodes. On the show today, Marketplace’s China correspondent Jennifer Pak explains how she works around unreliable data when reporting on the Chinese economy. Plus, could the United States be headed in the same direction?Here’s everything we talked about today:"12 million students in China will graduate this year into a shaky job market" from Marketplace"China says its unemployment rate is “stable,” but job seekers remain gloomy" from Marketplace "Is GDP still a useful gauge of China’s economy?" from Marketplace"How Bad Is China’s Economy? The Data Needed to Answer Is Vanishing" from The Wall Street Journal  "How to deal with untrustworthy government economic data? Look to China" from Marketplace"Trump taps Heritage economist to lead BLS" from PoliticoWe love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
Today we’re diving into some ongoing battles over athlete pay, from college athletics to the WNBA. In the case of college sports, a recent lawsuit settlement involving the NCAA allows colleges and universities to pay their athletes directly. On the show today, sports journalist Kennington Lloyd Smith III explains how college athlete pay has evolved, how the recent House v. NCAA settlement could strain athletic departments, and what could come from the WNBA players’ current fight for more equitable pay. Plus, the sports private equity firms are eyeing.Then, we’ll hear how one listener got involved in local government. Plus, Paralympic sled hockey gold medalist Declan Farmer answers the Make Me Smart question.Here’s everything we talked about today:"How college athletes will be paid after House v. NCAA settlement: NIL changes, enforcement, contracts and more" from CBS Sports"Trump signs executive order to 'protect' college sports" from Politico "Down to Business: Valuations are wild, returns are rocky. But women’s sports teams are in demand" from The Athletic "The WNBA Has a Good Problem on Its Hands" from The Atlantic "Private equity tees up to invest in youth sports" from Marketplace  "Travelers aren't big fans of TSA's facial recognition program, report finds" from Marketplace  We love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
President Trump today said he’s temporarily taking over Washington’s police department and sending in National Guard troops to crack down on crime. We’ll get into the legal questions surrounding the move, and Kimberly shares her thoughts as a local. Plus, key inflation data set to come out this week could bring the impact of tariffs into clearer view. Then, we’ll smile about meteor showers and beach glass.Here’s everything we talked about today:"Trump says he's placing Washington police under federal control and deploying the National Guard" from AP News"Trump says crime in D.C. is out of control. Here’s what the data shows." from The Washington Post "What Trump can — and can’t — do in his bid to take over law enforcement in DC" from Politico  "Small Businesses Brace for the Punishing Side Effects of Trump’s Tariffs" from The New York Times"July Inflation Data: What to Watch in Tuesday’s CPI Report" from The Wall Street Journal "How to Watch the Perseids, the Strongest Meteor Shower of the Summer" from The New York TimesWe love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
President Trump will replace Billy Long as the head of the Internal Revenue Service, less than two months since he was confirmed. This comes after months of turmoil at the IRS. We’ll explain. And, did you know could opt out of facial recognition software when going through airport security? Plus, we’ll weigh in on Instagram’s new map feature and more during a round of Half Full/Half Empty! Here’s everything we talked about today:"Trump Is Removing Billy Long as the I.R.S. Head 2 Months After He Was Confirmed" from The New York Times"The Comply To Fly?" from The Algorithmic Justice League"This wedding season, some couples are using their registries to give back" from Marketplace"Should buy now, pay later factor into credit scores?" from Marketplace"The New York Post is launching a California edition. Why?" from The Washington Post "Instagram Map lets your friends, and possibly exes, track your every move'" from The Washington PostTell us about your experience with TSA’s facial recognition system. Leave us a voicemail at 508-U-B-SMART or email us at makemesmart@marketplace.org.
Remember the K-shaped economy? It’s the idea that the American economy recovered unevenly after the COVID-19 pandemic. Last week’s bombshell jobs report showed a similar pattern in the labor market, where certain sectors are booming, while others are falling behind. We’ll explain. And, we’ll unpack President Trump’s threats for a 100% tariff on semiconductors and the gap between what workers and employers want out of AI on the job. Plus, we’ll celebrate a listener’s career win!Here’s everything we talked about today:"Tracking Trump’s New Tariffs on Every Country" from The New York Times"Trump vows 100% tariff on chips, unless companies are building in the U.S." from CNBC"Employers Pull Back on Hiring as Uncertainty Weighs on Plans" from The New York Times"How much say do workers have over the tech employers make them use?" from Marketplace"Providing ChatGPT to the entire U.S. federal workforce" from OpenAI"What workers really want from AI" from Stanford Report We love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
Apple today plans to announce a new $100 billion investment aimed at boosting the compan’s production in the United States. It’s the latest in a string of moves by tech companies that could help maintain favor with the president and avoid tariffs. And, the Federal Aviation Administration wants to ease restrictions for drone package deliveries. We’ll get into the pros and cons of more drone-friendly skies. Plus, the origins of Pac-Man and a funeral fit for an AI chatbot model.Here’s everything we talked about today:"Federal Aviation Administration looks to expand drone package delivery" from ABC News"Video Shows Drone Rescuing Man During Flood in China" from The New York Times "Trump, Apple to Announce Fresh $100 Billion US Investment" from Bloomberg”Trump to Double India’s Tariff to 50% Over Russian Oil Purchases” from The New York Times"'It's a reminder of childhood': How Pac-Man changed gaming - and the world" from BBC News"Claude Fans Threw a Funeral for Anthropic’s Retired AI Model" from WiredWe love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
The Trump administration has vowed to roll back all sorts of federal regulations, from workplace safety standards to environmental protections. State and local governments have faced pressure from the White House to comply with this agenda. And it’s turned them into even more important battlegrounds in the regulatory wars. On the show today, Liane Jollon, executive director of Western Leaders Network, explains how local officials grapple with threats of funding cuts coming from the White House, and how you can get more involved in your state and local politics.Later, listeners share some love for public libraries. And, Steve Pierson, co-host of “The Practivist Pod,” answers the Make Me Smart question. Here’s everything we talked about today:"States Ramping Up Regulations Amid Federal Pullback" from Forbes "Trump administration moves to repeal climate ‘holy grail’" from Politico"Texas House issues arrest warrants for Democrats who left state to block congressional redistricting" from The Texas Tribune"Donald Trump wants states and cities to do as they are told" from The Economist"The Documenters Network" from City Bureau We love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
President Trump’s firing of the Bureau of Labor Statistics commissioner is not without international precedent. Other countries have gone down the path of meddling with economic data for political gain. We’ll get into lessons we can take from the rest of the world. And, can the U.S. continue to be a bastion of scientific research in the wake of deep federal funding cuts? Plus, we’ll celebrate one listener’s feat of digitizing years of her great grandmother’s diaries.Here’s everything we talked about today:"Every Scientific Empire Comes to an End" from The Atlantic "Trump to Name New Fed Governor, Jobs Data Head in Coming Days" from Bloomberg"Trump Fired America’s Economic Data Collector. History Shows the Perils." from The New York TimesThread on X from Lulu Garcia NavarroWe love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
Following a weaker than expected jobs report today, President Trump said he’ll fire the head of the Bureau of Labor Statistics, claiming the data was rigged. It’s an unprecedented move with potentially enormous consequences for our understanding of the U.S. economy. We’ll explain. And, we’ll get into how Trump’s tariffs are destabilizing economies across globe. Plus, we’ll weigh in on tariff “rebates” and pricier desserts during a round of Half Full/Half Empty!Here’s everything we talked about today:"The full list of Trump’s tariffs – from India to Taiwan" from The Guardian "‘There’s no work now, just debt’: Cambodian garment workers face precarious future as US tariffs loom" from The Guardian "Tariffs Bring Disaster In Lesotho, the Country That Trump Says Nobody’s Heard Of" from The Wall Street Journal "85 percent of parents worry about tariffs affecting back-to-school cost: Survey" from The Hill "Trump fires commissioner of labor statistics after weaker-than-expected jobs figures slam markets" from CNBC"Big Downward Jobs Revisions Could Be a Warning Sign for the Economy" The New York Times"Private equity tees up to invest in youth sports" from Marketplace"NYC’s Luxury Dessert Scene Is Booming and Higher Priced Than Ever" from Eater"Subscription-based children's magazines are revitalizing the genre" from Marketplace"GOP senators reject Trump’s pitch to use tariff revenue for ‘rebates’" from The Washington PostWe love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
The Federal Reserve left its benchmark interest rate unchanged after meeting yesterday, despite repeated pressures from President Trump to cut rates. But not everyone at the Fed was happy about it. On the show today, Marketplace’s Nancy Marshall-Genzer joins Kimberly to fill us in on the recent debate over lowering interest rates and the political tension surrounding the Fed. Plus, thriving raspberry bushes make us smile.Here’s everything we talked about today:"The Federal Reserve leaves interest rates unchanged" from Marketplace "Fed's Powell sticks with patient approach to rate cuts, brushing off Trump's demands" from AP News"Could Trump use Fed HQ renovations as a pretext to fire Powell?" from Marketplace "What’s Holding Trump Back From Firing Powell" from The AtlanticWe love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
The United Nations this week warned that “widespread starvation, malnutrition and disease” are contributing to a rise in hunger-related deaths across the Gaza Strip. This comes as the flow of aid into Gaza has slowed in recent months and the price of food has increased drastically. On the show today, Reema shares what life looks like for her family there right now. And, we’ll get into the growing international pressure on Israel to lift barriers that organizations have faced in delivering aid.Here’s everything we talked about today:"In Gaza, mounting evidence of famine and widespread starvation" from UN News"How Food Supplies in Gaza Have Dwindled Under the New Israeli Aid Plan" from The Wall Street Journal "The Gaza Humanitarian Foundation Can Feed Starving Gazans" from The Wall Street Journal "What’s Happening in Gaza? FAQ: Hunger and Humanitarian Aid" from World Food Program USA"A famine hasn't been declared in Gaza, but that may not matter, experts say" from ABC News"A conversation with Baba" from “This Is Uncomfortable”We love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
Along with some other federal agencies, the Trump administration has attempted to gut the Institute of Museum and Library Services. It’s a small agency, but public libraries across the country rely on its funding. The loss of federal grants isn’t the only thing these community hubs are up against. On the show today, Sam Helmick, president of the American Library Association, explains how public library funding works, the challenges presented by the shift to digital media, and what the culture wars look like on the ground at public libraries. Later, listeners share their thoughts on the new No Tax on Tips and Overtime laws. Plus, a librarian answers the Make Me Smart question.Here’s everything we talked about today:"The Trump Administration Is Threatening Libraries, Museums, and Other Nonprofits That Support the Arts, Humanities, and Learning" from the Center on Budget and Policy Priorities "Libraries are cutting back on staff and services after Trump's order to dismantle small agency" from AP News"1 big thing: Libraries' e-book battle" from Axios“No Tax on Tips” Is an Industry Plant" from The New Yorker We love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
Over the weekend, President Trump announced a new trade deal with the EU: 15% tariffs on most goods in exchange for the EU’s promise to purchase U.S. energy. But a court case brought by a group of small businesses could derail Trump’s tariff agenda. We’ll explain what’s at stake. Plus, a reminder to get outside and enjoy what nature has to offer. (But stay cool!)Here’s everything we talked about today:"EU-US tariffs: five key takeaways from the trade deal" from The Guardian"US and EU reach tariff agreement" from “Marketplace Morning Report” "EU's pledge for $250 billion of US energy imports is delusional" from Reuters "Japan Expects Only 1-2% of $550 Billion US Fund to Be Investment" from Bloomberg"Trump's economy faces historic week on interest rates, trade, jobs and more" from Axios"Trump's trade deals and tariffs are on the chopping block in court. What happens next" from CNBC"Texas buys land for new state parks that will be developed using $1 billion voter-approved fund" from The Texas Tribune "A 100-year-old on a bike? Yes. ‘The right to wind in your hair’" from The Washington Post We love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
Earlier this week, President Trump announced a “massive” trade deal with Japan. But as Japanese officials clarify some of the terms, it’s not clear how concrete the deal actually is. We’ll explain. Also, some wealthy Democrats who stand to benefit from Trump’s tax cuts are rallying against them. Plus, we’ll play a round of Half Full/Half Empty!Here’s everything we talked about today:"Cracks widen in Japan and US’s interpretation of tariff trade deal" from The Financial Times "Trump’s Tariffs Are Being Picked Up by Corporate America" from The Wall Street Journal "Rich liberals do not want their big Trump tax cut" from The Washington Post"AI has come for the fragrance industry" from Marketplace "Want to pay down the national debt? The US government will take Venmo" from The Verge "Meme stocks have staged a surprising return" from Marketplace "Restaurants Are Trying to Tariff-Proof The Menu" from EaterWe love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
Republicans’ newly passed tax and spending law makes good on a promise President Trump made over and over on the campaign trail: No Tax on Tips and Overtime. But the change likely won’t have the drastic impact many workers think it will. Marketplace’s Kristin Schwab joins us on the show today to break down the nuts and bolts of how the tax breaks will work and how American workers and businesses could be affected. Plus, Kimberly’s cat Artax makes an appearance.Here’s everything we talked about today:"How the new "No Tax on Tips" and overtime laws work" from Marketplace  "No Tax On Tips And Overtime: What Workers Should Know" from Bankrate"Here’s A Tip: ‘No Taxes on Tips’ May Be Good Politics But Is Bad Policy" from the Tax Policy Center“An Illustrated Guide to Who Really Benefits From ‘No Tax on Tips’” from The New York TimesJoin us tomorrow for Economics on Tap. The YouTube livestream starts at 3:30 Pacific/6:30 Eastern. See you then!
President Trump announced a trade deal with Japan that will impose 15% tariffs on imports. Wall Street is happy, but it could put the United States in an awkward position as the Trump administration continues to seek other deals. Sabri Ben-Achour explains. Also, the federal government is leading a major deregulatory crusade. And they want your input. Plus, quilts and blooming plants make us smile.Here’s everything we talked about today:"Trump's Labor Department proposes more than 60 rule changes in a push to deregulate workplaces" from AP News"Trump Strikes Deal With Ally Japan Setting Tariff Rate at 15%" from BloombergListener Jen’s quilting Instagram We love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
Lately, tech companies like Meta have been putting hundreds of billions toward building new data centers to power their AI ambitions. Some communities have been pushing back, however, arguing these facilities strain local resources. But demand for data centers isn’t expected to slow down anytime soon. On the show today, Landon Marston, professor of civil and environmental engineering at Virginia Tech, explains what data centers actually are, why they require so much energy and water to operate, and how they can affect nearby communities. Plus, how can data centers become more sustainable?Later, reflections on Medicaid cuts and the power of journaling. And, a listener makes us smarter about “100-year floods.”Here’s everything we talked about today:"Their Water Taps Ran Dry When Meta Built Next Door" from The New York Times"Coreweave stock pops after company announces $6 billion AI data center in Pennsylvania" from CNBC"Meta's Zuckerberg pledges hundreds of billions for AI data centers in superintelligence push" from Reuters "How A.I. Is Changing the Way the World Builds Computers" from The New York Times"China Is Putting Data Centers in the Ocean to Keep Them Cool" from Scientific American ”The 100-Year Flood” from the U.S. Geological Survey We love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
Acting head of Immigration and Customs Enforcement Todd Lyons said his agency’s crackdown on unauthorized immigration will extend to employers as well. Industries that rely heavily on undocumented workers are pushing back. We’ll get into it. And, American consumers are spending in the face of tariff-fueled inflation fears. (For now, at least.) Plus, Korean beauty loyalists and summer camps for sewing make us smile.Here’s everything we talked about today:"ICE head says agency to crack down on American companies hiring unauthorized workers" from The Hill"Transcript: Acting ICE director Todd Lyons on "Face the Nation with Margaret Brennan," July 20, 2025" from CBS News"The U.S. Economy Is Regaining Its Swagger Despite Trump’s Tariffs" from The Wall Street Journal  "Teens Learn the Lost Arts of Sewing and Ironing at New Summer Camp Taught By Local Grandmas Staving off Loneliness" from Good News Network"A Year’s Worth of Mascara? Fans of Korean Beauty Stock Up as Tariffs Loom." from The New York Times "After Pledging to Keep Prices Low, Amazon Hiked Them on Hundreds of Essentials" from The Wall Street Journal   We love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
The Trump administration has agreed to share the data of millions of Medicaid enrollees with Immigration and Customs Enforcement officials in an effort to locate immigrants who may be undocumented in the U.S. We discuss the implications of this agreement. And, we explain a White House executive order in the works than plans to target AI models seen as too “woke.” We get into how that aligns with the Trump administration’s efforts to dismantle diversity, equity and inclusion initiatives. Plus, we’ll play a round of Half Full/Half Empty!Here’s everything we talked about today:“Trump administration hands over Medicaid recipients’ personal data, including addresses, to ICE” from The Associated Press“White House Prepares Executive Order Targeting ‘Woke AI’” from The Wall Street Journal“A UK-based company hopes to use “robot dogs” to address labor shortages in health care” from Marketplace“Social media algorithms create “algospeak,” a kind of internet slang” from Marketplace“Roblox will scan users’ video selfies to assess their ages” from WIRED“TSA to add a lane for families with children and members of the military” from Fast CompanyFederal funding for public media has been eliminated. This is a critical time for public media, including Marketplace. Give now: https://support.marketplace.org/smart-sn
The Senate approved the Trump administration’s rescission package today, which proposes taking back $9 billion in federal funding already allocated for programs such as public media and foreign aid. We’ll get into the implications for the bipartisan nature of the budgeting process. Plus, we explain the latest development of a lawsuit against Meta CEO Mark Zuckerberg and company leaders, which stems back to the 2018 privacy scandal involving Cambridge Analytica. Then, we’ll smile at a piece of new technology that claims to shoot mosquitoes using lasers. And, do you believe in supernatural forces?Here’s everything we talked about today:“Russ Vought: Appropriations process ‘has to be less bipartisan’” from POLITICO“The Appropriations Process Was Already Broken. The Rescission Bill May Have Just Shattered It.” from NOTUS“Meta investors, Zuckerberg reach settlement to end $8 billion trial over Facebook privacy litigation” from Reuters“This ‘Iron Dome’ for mosquitoes shoots down bugs with lasers” from Fast Company“Angels, witches, crystals and black cats: How supernatural beliefs vary across different groups in the US” from The ConversationWe love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
According to the latest consumer price index, the reported prices of several items, including apparel and household furnishings, increased in June, suggesting some preliminary effects of the Trump administration’s tariff policies. We discuss President Donald Trump’s response calling for the Federal Reserve to lower interest rates, and why it’s so crucial to preserve an independent central bank. Then, we take a look at Missouri, where the state’s legislature and the governor overturned the outcome of a ballot initiative. What does that say about the state of public participation in the democratic process? And, we celebrate some wins from listeners about a rekindled drive to write poetry and what it means to be a good friend. Here’s everything we talked about today:"Missouri governor repeals paid sick leave law approved last year by voters" from The Associated Press"Missouri Rolls Back Paid Sick Leave Entitlement; $15 Minimum Wage Remains" from National Law Review“Missouri’s voters restored abortion rights. Their leaders are trying to overrule them” from the newsletter The 19th News"D.C. budget update: Tipped minimum wage compromise fails, ranked choice voting funded as budget advances" from WAMU"Inflation picks up again in June, rising at 2.7% annual rate" from CNBCWe love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
The One Big Beautiful Bill Act is projected to cut Medicaid spending by more than $1 trillion. The law changes eligibility rules, and some predictions estimate at least 10.5 million people will be eliminated from the program. On the show today, Rachel Werner, executive director of the Leonard Davis Institute of Health Economics at the University of Pennsylvania, explains how the funding cuts could limit the caregiving options for older Americans who need at-home care and place a larger responsibility on their families. Plus, we discuss how to start planning for long-term care amid all the legislative changes.Then, we’ll celebrate a listener’s win about her chocolate lab puppy. And, an astrobiologist’s quest to find life on Mars.Here’s everything we talked about today:“How Medicaid Cuts Could Force Millions Into Nursing Homes” from The Leonard Davis Institute of Health Economics at the University of Pennsylvania“Advocates warn that Medicaid cuts in the big budget law put home-based health care at risk” from Marketplace“New AARP Report: Majority of Adults 50-plus Want to Age in Place, But Policies and Communities Must Catch Up” from AARP“A Closer Look at the Medicaid Work Requirement Provisions in the “Big Beautiful Bill” from KFF“Medicaid cuts: The how and why” from the newsletter Your Local Epidemiologist“As the need for nursing homes grows, nurses are in short supply” from MarketplaceWe love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
The Senate is expected to vote on President Donald Trump’s rescissions package this week, which proposes rescinding $9.4 billion in previously approved spending to several programs, including public media and foreign aid spending. We discuss how this could undermine the bipartisan process. Then, we take a look at Bitcoin trading at new record highs, as U.S. lawmakers prepare to pass new regulations on cryptocurrency. We explain the bills being proposed in what’s been dubbed “Crypto Week.” Plus, we hear listeners’ wins about a resurgence of monarch butterflies and a lifelong dream of clubbing in Berlin. Here’s everything we talked about today:“GOP leader faces showdown with Republicans on Trump-backed funding cuts” from The Hill“Schumer warns package to claw back funding would ‘poison’ annual spending talks” from The Hill“A Senate vote this week will test the popularity of DOGE spending cuts” from The Associated Press“Bitcoin Soars Past $120,000 as House Takes Up Crypto Bills” from The New York Times“‘Crypto Week’ on Capitol Hill” from Marketplace“Trump Rescission Proposal Builds on Illegal Impoundments, Would Undermine Future Funding Deals” from Center on Budget and Policy PrioritiesWe love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
The Trump Administration today said it will restrict undocumented immigrants from accessing public programs, including Head Start. Kimberly explains how the move fits into the government’s broader effort to change who’s entitled to services in the United States. And, the Supreme Court gave Trump the green light to continue mass federal layoffs, for now. We’ll get into the emotional rollercoaster many of these workers have been on this year. Plus, we’ll play a round of Half Full/Half Empty!Here’s everything we talked about today:"What the Media Gets Wrong About Medicaid ‘Cuts'" from DC Journal"Taxpayer-Funded Benefits Are for American Citizens — Not Illegals" from The White House "Trump to cut off Head Start for immigrants in US illegally" from AP News  "State Department fires more than 1,300 employees in downsizing plan" from The Washington Post "Federal workers fearful after Supreme Court backs Trump’s mass firings plan" from The Washington Post"How Trump’s immigration policies could threaten Social Security" from Marketplace "Tariffs push companies to rethink traditional forecasts" from Marketplace"In new food fad, protein products are no longer just for gym-goers" from Marketplace"Microsoft Pledges $4 Billion Toward A.I. Education" from The New York Times"A 70-hour work week? Some job listings are foregoing work-life balance" from Marketplace”The disturbing parallels between modern accounting and the business of slavery” from MarketplaceWe love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
Even before the catastrophic flooding in Texas, weather experts were ringing alarm bells over how staffing cuts at federal weather agencies could affect the reliability of weather forecasts in the United States. Marketplace’s Amy Scott joins us on the show today to explain how these cuts are impacting the day-to-day at the National Weather Service, and look at other headwinds the agency could face in the future, including privatization efforts and the ever-complicating factor of climate change. Here’s everything we talked about today:"Burning Questions: How do cuts to NOAA impact all of us?" from “How We Survive” "FEMA cuts put more pressure on local disaster relief" from Marketplace "Debate erupts over role job cuts played in weather forecasts ahead of deadly Texas floods" from AP News"Flood predictions could worsen when Trump’s cuts take hold" from Politico"As Floods Hit, Key Roles Were Vacant at Weather Service Offices in Texas" from The New York Times"Republicans want to privatize weather forecasts. Do Trump appointees stand to benefit?" from Fast Company We love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
Now that the “One Big Beautiful Bill Act” is law, Congress is turning its attention to another matter: avoiding a government shutdown. We’ll explain what it will take to keep the government running beyond Congress’ Sept. 30 deadline. And, we’ll fill you in on another deadline: President Trump’s new due date for trade deals before a slew of higher tariff rates kick in. Plus, a listener’s story of frozen pizza and facing fears.Here’s everything we talked about today:"Why the federal government will shut down. And why it won’t" from Punchbowl News"Trump combats TACO reputation as White House extends tariff deadline" from The Washington Post"Too Many Goods Are About To Face Historically High Tariffs" from Tax Policy Center"Flint finally replaced its lead pipes" from The Washington PostGot a question for the hosts? Call 508-U-B-SMART or email makemesmart@marketplace.org.
Republicans’ freshly passed spending bill sets aside $45 billion just to expand immigration detention centers. And a number of private companies are poised to profit from the surge in funding. On the show today, Deirdre Conlon, co-author of the new book “Immigration Detention Inc" explains how immigration detention became dominated by private companies, how local economies have become entangled with the business of detention, and how Trump’s spending law changes everything.Plus, we’ll celebrate a listener’s cross-country move. And, a reminder to try being a local tourist.Here’s everything we talked about today:"Trump got $170 billion for immigration. Now he has to enact it." from Politico "We Asked Trump’s Former Prisons Chief How $45 Billion Will Reshape Immigrant Detention" from Mother Jones"Budget Bill Massively Increases Funding for Immigration Detention" from the Brennan Center for Justice"Trump administration seeks to turn mass deportations into an efficient business ‘like Amazon’" from PBS News"Unchecked Growth: Private Prison Corporations and Immigration Detention, Three Years Into the Biden Administration" from the ACLUGot a question for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Republicans’ newly passed tax and spending law establishes the first major federal program for shifting public money to private schools. It comes in the form of a wonky tax break. We’ll explain how it will work. And, we’ll get into how massive cuts to Medicaid will impact rural hospitals across the United States. Plus, anime is more popular than ever on Netflix.Here’s everything we talked about today:"Burning Questions: How do cuts to NOAA impact all of us?" from Marketplace"Congress Passes National Private School Voucher Program as Part of Policy Bill" from The New York Times"The new wave of private school vouchers" from Make Me Smart  "Rural hospitals will be hit hard by Trump’s signature spending package" from The Conversation"Trump bill's health effects won't be felt until after midterms" from Axios "Netflix Says 50 Percent of Global Users Now Watch Anime, Reveals Expanded Slate" from The Hollywood Reporter "A new start after 60: I quit my job, bought a camera – and became a successful wildlife photographer" from The Guardian"At 40, She Discovered She Was One of America’s Best Free Divers" from Texas Monthly  Got a question for the hosts? Call 508-U-B-SMART or email makemesmart@marketplace.org.
Since President Trump began imposing on-and-off tariffs earlier this year, “tariff” has become a buzzword. And you might have a kid in your life who’s asked what the deal with tariffs is all about. So today, we’re sharing an episode from the latest season of Million Bazillion that breaks down how they work. Hosts Bridget and Ryan help out a local fifth-grader whose slime business is facing competition from a rival school. Could a tariff solve her problem?
The Labor Department today reported the United States added 147,000 jobs in June. The number beat economists expectations, and it sits in stark contrast to yesterday’s ADP report which showed private sector lost 33,000 jobs last month. So what gives? We’ll explain what the two reports can tell us about the labor market right now. And, President Trump’s immigration crackdown could lead to more federal surveillance on all Americans. Plus, we want to hear about the wins in your life!Here’s everything we talked about today:"ADP report June 2025: Private sector lost 33,000 jobs, missing expectations" from CNBC"Republican Budget Bill Signals New Era in Federal Surveillance" from Tech Policy Press"Steady Hiring Added 147,000 Jobs to U.S. Economy in June" from The Wall Street Journal"Can We Trust a Jobs Report From the Trump Administration? Yes, With Caveats." from The New York TimesGot a question for the hosts? Call 508-U-B-SMART or email makemesmart@marketplace.org.
On today’s show, we’ll discuss some headlines that might’ve slipped under the radar this week. First, most staff at the U.S. Agency for International Deveopment officially marked their final day with the agency. What might the dismantling of USAID mean for U.S. influence abroad? Plus, school districts are scrambling as federal education dollars are on hold. Then, we’ll smile about Andy Weir’s latest sci-fi novel being adapted for the big screen and the WNBA expanding into more cities! Here’s everything we talked about today: “Bush, Obama and Bono Commend USAID Staff Members on Their Last Day” from The New York Times“The US says 'little to show‘ for six-decade aid agency. Supporters point to millions of lives saved” from The Associated Press“USAID cuts could lead to 14 million deaths over the next five years, researchers say” from NBC News“Education Department freezes cash for school districts, teacher training, migrant students” from POLITICO“Watch the first trailer for ‘Project Hail Mary’” from Popular Science“WNBA adds three more franchises as league’s popularity continues to grow” from The Washington Post“‘Friendship’ Review: Tim Robinson and Paul Rudd Hit Maximum Cringe” from The New York TimesIf you have a question, give us a call: 508-U-B-SMART or email makemesmart@marketplace.org
Summer is here and like many you might be planning your next vacation. But here’s the thing, a lot of popular destinations are grappling with the pressure of overtourism or mass tourism.On today’s episode, we dig into the phenonmenon of over tourism, the growing tensions between locals and visitors and the global economic forces at play. Plus, is it possible to be a responsible tourist or have we pushed some destinations too far? Later, listeners sound off on the power of labor unions and food allergies. Finally, are you team check-in bag or carry-on? This week’s answer to the Make Me Smart question might make you rethink everything! Here’s everything we talked about today: "Destination dupes" offer glam vacation vibes at a fraction of the price from Marketplace“Surging travel in Europe spikes concerns over tourism's drawbacks” from AP News“Overtourism was the buzzword of 2024. This summer looks to be just as crowded and chaotic” from CNN“Affordable travel is to blame for Europe’s overtourism problem, spoiling its most sought-after cities like Barcelona, Amsterdam and Athens” from Fortune“Hawaii will tax vacation stays and use money to help counter climate crisis” from The Guardian“The Goal: Tourism That Regenerates Hawai‘i, Not Degrades It” from Hawaii BusinessWe want to hear your answer to the Make Me Smart question: What’s something you thought you knew, but you later found out you were wrong about? Leave us a voicemail at 508-U-B-SMART!
We’ve been a bit obsessed with the GOP’s budget bill lately. And with a Senate vote expected any day now, we’re keeping a close eye on the debate. We’ll break down how the GOP is playing with the numbers to make the bill look less costly on paper than it actually is. Plus, Gen Z’s not just good at memes and TikTok, they’re better at saving for retirement than millllenials. So how’d they do it? And a mildly terrifying story with a happy ending! Here’s everything we talked about: “What is a vote-a-rama? Senate vote marathon ahead of Trump legislative package” from USA Today“Senate Republicans reject Democrats' accounting baseline challenge” from POLITICO“A List of Nearly Everything in the Senate G.O.P. Bill, and How Much It Would Cost or Save” from The New York Times“Gen Z, It Turns Out, Is Great at Saving for Retirement” from The New York Times“They sing to remember: The power of memory choirs” from National Geographic“Child reportedly fell overboard on Disney cruise. Her dad jumped in after her.” from USA Today “Heroic Dad Jumps Off Disney Dream to Rescue Overboard Daughter” from CruisehiveQuestions? Thoughts? Suggestions? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART and we just might feature it on the show!
The Supreme Court today ruled to limit the ability of federal judges to issue nationwide injunctions blocking President Trump’s executive orders. The decision will have major implications for how businesses push back against federal policy in the United States. We’ll get into it. And, American consumers aren’t feeling too hot about the economy. How much do those feelings matter? Plus, we’ll play a round of Half Full/Half Empty!Here’s everything we talked about today:"Supreme Court sides with Trump administration on nationwide injunctions in birthright citizenship case" from SCOTUSblog"America’s Top Consumer-Sentiment Economist Is Worried" from Bloomberg"Opinion | How the N.B.A. and M.L.B. Shattered America’s Sports Culture" from The New York Times"Bumble stumbles as dating apps struggle" from Marketplace"Latest time use survey shows Americans are spending more time at home" from Marketplace"The colleges using ultimate frisbee to boost enrollment" from Marketplace"After a tough decade, American malls are reinventing themselves" from MarketplaceGot a question for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
The ceasefire between Israel and Iran appears to be holding for now. But as this conflict has played out, along with other ongoing wars around the world, it got us thinking: What does war even look like in 2025? In Ukraine, it looks like drone and missile attacks side-by-side with everyday life. On the show today, longtime international correspondent Deborah Amos joins us from Kyiv, Ukraine to talk about how modern warfare has changed.Here’s everything we talked about today:"Bank hacks, internet shutdowns and crypto heists: Here’s how the war between Israel and Iran is playing out in cyberspace" from Politico"Combat drones: We are in a new era of warfare - here's why" from BBC News"FPV drones in Ukraine are changing modern warfare" from Atlantic Council"Cyber Operations during the Russo-Ukrainian War" from the Center for Strategic and International Studies “‘Will Trump give up the store?’ Edward Fishman on how US economic warfare works – and doesn’t" from The GuardianGot a question for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Many Americans are enduring a brutal heatwave this week. For those who work outside, the heat can be deadly. On today’s show, we’ll check in on a proposed heat safety law that would require employers to offer more breaks when the temperature rises above a certain threshold. Under the Trump administration, the law’s future is uncertain. And, the housing market can’t seem to break out of its slump. Plus, the lengths some Americans will go to score some Indian mangoes.Here’s everything we talked about today:"Heat Injury and Illness Prevention in Outdoor and Indoor Work Settings Rulemaking" from the Occupational Safety and Health Administration "As U.S. Sizzles, Business Groups Push Back on OSHA's Heat Safety Law" from Inc."Heat Safety Experts behind OSHA Rules Were Laid Off, which Could Make It Easier to Scrap Regulations" from Scientific American"Trump’s OSHA Nominee Has a History With Heat and UPS Drivers" from The New York Times"U.S. New Home Sales Slump as High Mortgage Rates Persist" from The Wall Street Journal'"You'll never be ready to buy a home"' from “This Is Uncomfortable”"New York City is using ranked choice voting in its Democratic mayoral primary. Here's how it works" from AP News "What you need to know about ranked choice voting" from “Make Me Smart” "The Perilous Business of Importing Indian Mangoes to the U.S." from The New York TimesGot a question for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
The United States’ entanglement in Iran and Israel’s current conflict has a long, complicated history. Today we’re looking back at how it led up to the U.S. strikes on Iran over the weekend. Two major factors: Iran’s nuclear capabilities and economic sanctions, which the U.S. used to deter Iran’s nuclear program and to incentivize Iran to sign on to the 2015 nuclear deal. Rose Kelanic, director of the Middle East Program at Defense Priorities, explains some of the history behind tensions between the U.S. and Iran, the role sanctions played in the 2015 Iran nuclear deal, and how the deal broke down. Later, one listener’s take on the Trump administration’s threats to the Pell Grant program. And, a gardening blogger was wrong about DIY plant food hacks.Here’s everything we talked about today:"Strike Set Back Iran’s Nuclear Program by Only a Few Months, U.S. Report Says" from The New York Times"Trump tries to maintain fragile ceasefire hours after he announced it" from Politico "Iran’s Nuclear Dreams May Survive Even a Devastating American Blow" from The New York Times "History of US-Iran relations: From the 1953 regime change to Trump strikes" from Al Jazeera "Why Israel will resist any US-Iran nuclear deal" from Atlantic Council "Satellites show damage to Iran's nuclear program, but experts say it's not destroyed" from NPR  Got a question for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Oil markets went into a state of panic after the United States launched strikes on Iranian nuclear facilities over the weekend, stoking fears that Iran could retaliate by closing the Strait of Hormuz. But Iran’s control over the key oil trade route may not be the economic weapon many think it is. We’ll explain. And, several provisions in the Republicans’ reconciliation bill haven’t made it through the so-called “Byrd Bath” and risk being axed from the legislation. Plus, did you know killer whales aren’t really whales?Here’s everything we talked about today:"Capitol agenda: How Johnson may block an Iran rebuke" from Politico "11 days until July 4: Byrd Bath and policy fights on deck" from Punchbowl News"Senate parliamentarian rejects GOP attempt to authorize states to conduct immigration enforcement" from The Hill"G.O.P. Can’t Include Limits on Trump Lawsuits in Megabill, Senate Parliamentarian Rules" from The New York Times  "Iran Has an Oil Card to Play. So Does the U.S." from The Wall Street Journal  "The largest digital camera ever built has released its first shots of the universe" from AP News  "Vera C Rubin Observatory first images" from BBC Sky at Night Magazine  "Killer whales seen grooming each other with kelp in first for marine tool use" from The Guardian Got a question for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
This week, we’ve looked at the budget reconciliation bill and its effects on student debt, taxes, health care and social programs. The bill is currently moving through the Senate. Today, we discuss the reconciliation bill and the national deficit. And we dig into other proposals such as AI regulation ban and private foundation taxes. Plus, we play a special budget round of Half Full/Half Empty.Here’s everything we talked about today:“AI moratorium sparks GOP battle over states’ rights” from The Hill“Introduction to Budget “Reconciliation” from The Center on Budget and Policy Priorities“One, Big, Beautiful Bill: Impact on Philanthropy” from Council on Foundations“Senate Judiciary Unveils Its Own Plan To Curtail Court Orders” from CATO Institute“Parliamentarian rulings would kill key climate provisions in GOP megabill” from PoliticoGot a question for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Every day this week, we’ll take a look at the ripple effects of the budget reconciliation bill moving through Congress that would enact President Donald Trump’s agenda. Today, we focus on the bill’s impact on health care and social programs. We explain how the Senate’s version of the reconciliation bill cuts Medicaid more aggressively than the House of Representatives’ previous version. Then, we hear from a listener about how the bill’s Medicaid cuts could affect the hospitals they work with, particularly in underserved rural areas. Plus, we answer a listener question about how states would absorb the costs of the bill’s federal funding cuts. Here’s everything we talked about today:“Senate Bill Would Make Deep Cuts to Medicaid, Setting Up Fight With House” from The New York Times“Hundreds of rural hospitals at risk if Medicaid cuts pass, Democrats say” from Healthcare Dive“2025 Budget Impacts: House Bill Would Cut Assistance and Raise Costs for Seniors” from The Center on Budget and Policy Priorities“GOP bill would have states picking up more of the tab for programs like Medicaid and SNAP” from Marketplace“How Would Potential Federal Budget Cuts Impact State Budgets?” from Urban-Brookings Tax Policy Center“What are the Implications of the 2025 Budget Reconciliation Bill for Hospitals?” from KFFGot a question for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Today, we take a deep dive into the provisions affecting small businesses and taxes in the “One Big Beautiful Bill,” which aims to enact President Donald Trump’s agenda. The bill passed the U.S. House of Representatives in May, and the U.S. Senate released its proposed version of the bill on Monday. The Senate’s draft upheld many policies from the House of Representative’s version, including cuts to the Supplemental Nutrition Assistance Program. We explain how the ripple effects of those cuts could affect small businesses such as grocery stores and farmers. Also, we dig into the implications of the Senate’s proposal to make permanent several business tax breaks. Here’s everything we talked about today: “Here’s what’s in the Senate GOP’s version of Trump’s ‘big, beautiful bill’" from The Hill“Senate Republicans seek tougher Medicaid cuts and lower SALT deduction in Trump’s big bill” from The Associated Press“Tax Cuts and Jobs Act: A comparison for businesses” from the Internal Revenue Service“The Farm Safety Net: A Closer Look at ARC and PLC” from the National Sustainable Agriculture CoalitionGot a question for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Every day this week, we’re going to take a closer look at the “One Big Beautiful Bill,” which aims to enact President Donald Trump’s agenda. It proposes a tax cut and increased spending for border security and the military. It also includes cuts to health, nutrition, education and clean energy programs. Today, we explain the rules around what provisions can go into reconciliation bills, and where the bill currently stands in the legislation process now. Plus, we answer questions from listeners on how the bill could affect their student loans and access to higher education.Here’s everything we talked about today:“Senate sidesteps parliamentarian, widens reach of CRA” from Roll Call“Republicans face critical week on Trump megabill” from The Hill“The Senate is assessing the "Big Beautiful Bill" line by line to eliminate non-budgetary measures” from Marketplace“Senate Republican education plan may trigger ‘avalanche of student loan defaults,’ expert says” from CNBCGot a question for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
The economic position of the baby boomer generation has long been the envy of younger ones in the United States. But the tides may be turning as the Trump administration seeks deep cuts to social benefits that older Americans rely on. We’ll get into it. And, Kimberly joins the show from the National Press Club in Washington D.C., to make us smarter about how the GOP’s reconciliation bill could impact the richest and poorest Americans. Plus, we’ll play a round of Half Full/Half Empty!Here’s everything we talked about today:"GOP tax bill would cost poor Americans, boost highest earners, CBO says" from AP News "Megabill would cost poorest households $1,600 a year, boost richest by $12K, CBO predicts" from Politico "Baby Boomers’ Luck Is Running Out" from The Atlantic"Why is everyone so crazy for Labubu toys?" from Marketplace"Booming sales of the latest Nintendo Switch bode well for the gaming industry" from Marketplace"You’ve Heard of Fine Wine. Now Meet Fine Water" from The New York Times"A federal judge ruled AI chatbots don't have free speech protections — for now" from Marketplace Got a question for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
More than 100 years after the Tulsa Race Massacre, the Oklahoma city’s mayor recently announced a $105 million reparations package to address the Massacre’s lasting impact. Marketplace’s Mitchell Hartman joins us on the show today to explain how we got here, and more from his reporting on economic injustice in Tulsa’s Greenwood neighborhood. Plus, we’ll get into what the new reparations package could mean for Black Tulsans and the push for reparations in other cities.Here’s everything we talked about today:"The Tulsa Race Massacre destroyed Black lives and wealth. What's owed to survivors' descendants?" from Marketplace"Black Tulsans still feel effects of Greenwood neighborhood's "second destruction'" from Marketplace "$105 Million Reparations Package for Tulsa Race Massacre Unveiled by Mayor" from The New York Times"$105 million trust to be built for 1921 Tulsa Race Massacre reparations, city says" from Public Radio TulsaWe want to hear from you. Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
President Trump announced a new trade deal with China after days of negotiations. Here’s the thing: Trump’s tariffs on China will stay the same. So what did the two countries actually agree to? We’ll get into it. And, after Health Secretary Robert F. Kennedy Jr. fired a panel of experts that advises the Centers for Disease Control and Prevention on vaccines, doctors and insurance companies are wondering who they should look to for guidance. Plus, a life-sized stuffed moose on Capitol Hill makes us smile.Here’s everything we talked about today:"Trump Hails Progress With China, but Details Are Sketchy"  from The New York Times"RFK Jr. just fired the government’s vaccine experts. What do you do now?" from Vox"Former CDC director reacts to RFK Jr.’s firing of entire vaccine advisory panel" from PBS News"If you move a moose through the Senate" from Roll Call"An 84-Year-Old Woman on a Pony Inspires Awe—and Concern—in the U.K." from The Wall Street JournalWe want to hear from you. Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
For decades, going to college has been seen as a reliable path to good jobs and economic success in the United States. But a recent Indeed survey reported that over half of Gen Z respondents beg to differ. As tuition prices continue to rise and the Trump administration takes aim at higher education institutions, is the way we view college changing? On the show today, Bryan Alexander, a higher education writer and senior scholar at Georgetown University, explains why college is still a worthy investment for most students, why more people are considering certificate programs and technical schools, and how President Trump’s attacks on elite universities are a risk to higher education as a whole.Then, Kimberly breaks down the difference between the reconciliation bill and government spending bills in Congress. And, Casey Johnston, author of “A Physical Education,” answers the Make Me Smart question.Here’s everything we talked about today:"Report: 51% of Gen Z Views Their College Degree as a Waste of Money" from Indeed  "Against college for all: the AFT president" from Bryan Alexander "Americans Are Losing Faith in the Value of College. Whose Fault Is That?" from The New York Times"Good Jobs Project" from Georgetown University"House considers Trump cuts as Senate Republicans work on reconciliation bill" from Roll Call"Deal or no deal? Inside reconciliation and gov’t funding" from Punchbowl News"A muted backlash to Trump’s new travel ban" from Politico "Have Americans grown numb? Trump’s new travel ban met with muted reaction" from MSNBC"Finding Strength in a Bigger Body" from The Cut Got a question about the GOP’s reconciliation bill? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
President Donald Trump deployed California National Guard troops to Los Angeles on Sunday, following demonstrations over the weekend protesting the Trump administration’s immigration crackdown. The decision was made without California Governor Gavin Newsom’s approval, and the state is now suing the “illegal and immoral” move. We get into all the potential ramifications of the uptick in immigration raids. Then, we discuss how people in other countries have coped with anti-democratic forces in their own communities. Finally, we smile at the original cast of “Hamilton” reuniting for the musical’s 10-year anniversary. Here’s everything we talked about today: “The Beautiful Danger of Normal Life During an Autocratic Rise” from The New York Times“The 78th Annual Tony Awards® | Hamilton 10 Year Anniversary Performance” from CBS“The original cast of ‘Hamilton’ reunites on the Tonys stage with rousing performance” from CNN“When to see June’s full strawberry moon on Tuesday night” from The Washington PostGot a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
From our sponsor: Imagine if you could ask someone anything you wanted about their finances. On “What We Spend,” people from across the country and across the financial spectrum are opening their wallets — and their lives — to tell you everything: What they make, what they want, and — for one week — what they spend.“What We Spend” is available wherever you get your podcasts!
Hey Smarties! Make Me Smart is taking a short break while Kimberly and Reema cook up something good for you! In the meantime, we’re bringing you an episode from “Financially Inclined” a podcast from Marketplace that helps families learn more about money. It turns out where you park your money can actually make a difference in the fight agains climate change. Today, host Yanely Espinal speaks with author and financial educator Kara Perez about how you can spend, save and invest your money in a way that aligns with your values, without sacrificing your financial goals. Plus, they share practical tips for how to use your money to make a real impact.
It’s Kai’s last day as a regular co-host of “Make Me Smart” and he’s got a solid rant (and two bleeps). We’ll get into the Trump administration’s push to block international students at Harvard, thretening one of American’s biggest exports: higher education. Plus, we’ll unpack the Supreme Court’s 4-4 split over a separation of church and state case. And, could penguin poop be a tool against global warming?Here’s everything we talked about today:“Supreme Court deadlocks, blocking creation of first religious public school” from The Washington Post“Trump Administration Halts Harvard’s Ability to Enroll International Students” from The New York Times“Harvard University Loses Student and Exchange Visitor Program Certification for Pro-Terrorist Conduct” from the U.S. Department of Homeland Security“Stop making cents: US Mint moves forward with plans to kill the penny” from AP News“Penguin Poop Could Limit Global Warming’s Impact on Antarctica” from Bloomberg“Make Me Smart” is going on a break! Kimberly and Reema will be back with new episodes June 9. We’d love to hear from you while we’re away. Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
The Senate unexpectedly passed the No Tax on Tips Act, one of President Trump’s many campaign promises. We’ll explain what’s actually in the bill and where it goes from here. Plus, the Trump administration has officially accepted a $400 million luxury jet from Qatar for use as Air Force One. We’ll get into the grift of it all. Plus, one man’s search for younger looking skin and a manga story to smile about.Here’s everything we talked about today:"The Senate passed Trump’s No Tax on Tips Act. Here’s what it could mean." from The Washington Post"No Tax on Tips Act: What to know about the bill and what comes next" from The Hill  "Republicans Think They Have a Way to Blow Up the Filibuster Without Anyone Noticing" from Slate"A Terrible Idea" from Just Security  "A 70-Year-Old Man’s Search for Younger-Looking Skin"  from The Wall Street Journal"Defense Department accepts Qatari luxury jet for Air Force One use" from The Washington Post"Trump Lectures South African President in Televised Oval Office Ambush" from The New York Times"How Manga Megastar Junji Ito Makes Terrifying Series Like ‘Uzumaki’" from The New York Times"Shark fisherman uses drone to save teenage girl from rip current at Pensacola Beach" from CBS News We need your help to reach our fundraiser goal in a moment when public media is threatened like never before. Give now: https://support.marketplace.org/smart-sn
Things aren’t looking so good for the U.S. dollar. Though it’s spent decades as the world’s reigning reserve currency, it’s been weakening lately thanks to tariffs and uncertainty in the U.S. economy.But its declining value, has been in the making for a while, according to Harvard economist and author of the new book, “Our Dollar, Your Problem,” Kenneth Rogoff. “The problem we’re facing is that, independent of this dollar phenomenon, interest rates are going up,” said Rogoff. “And if you’re the world’s biggest debtor, that’s tough.”Rogoff joins Kai and Kimberly to unpack how the greenback became the world’s go-to currency, what a reserve currency actually is, why it’s been losing some of its value lately and what might take its place. Plus, how does military power tie into all this? We’ll also get into some potential cryptocurrency regulation coming down the pipeline and discuss the troubling parallel between Trumpism and Brexit. Then, you tell us what books help you reset – from classic literary romances to an apocalyptic sci-fi tale. And, our intern, Zoha Malik (hi!) shares her answer to the Make Me Smart question. Here’s everything we talked about today:“Our Dollar, Your Problem,” by Kenneth Rogoff from Yale University Press“How Trump Could Dethrone the Dollar” from Foreign Affairs“Why Is The US Dollar Weakening? Trump’s Tariffs Push Dollar Index To 3-Year Low.” from Forbes“Senate advances landmark crypto bill with Democrats divided” from Politico“Senate Advances Crypto Regulation Bill With Bipartisan Support” from The New York Times“Senate advances a major crypto regulation bill on a bipartisan vote” from NBC News“Brexit’s Failures Could Foreshadow Trump’s. Just Not in the Way You Might Think.” from The New York TimesGot a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Walmart had said it would raise prices in response to tariffs. Then, it got a call from the White House. Now, the retailer says it will swallow some of the costs. This has us wondering: where have all the free market diehards gone? Plus, Kimberly reflects on the tornadoes that hit her hometown of St. Louis, Missouri and explains FEMA’s plan to shift disaster costs to the states. Also? Did the GOP really name their reconciliation bill the “One Big Beautiful Bill?”Here’s everything we talked about today:"Bessent says Walmart will absorb 'some tariffs' after speaking with retailer's CEO" from Fox Business"FEMA will shift more disaster recovery responsibilities to the states, acting chief says" from PBS News"Here’s the latest information on Friday’s tornado in St. Louis" from STLRP"Trump's bill advances in rare weekend vote as House conservatives negotiate changes" from NPRIt’s the final matching opportunity of our May Fundraiser! Double your impact when you give right now: https://support.marketplace.org/smart-sn
On today’s show, Kai makes a special annoucement! But first, Moody’s knocked the United States’ government’s credit rating down a peg below Triple-A. We’ll break down what that actually means and why it may not be as dire as it sounds but still matters a lot for the vibes. Plus, we’ll explain why, even with a majority, the House GOP hasn’t been able to pass its budget bill. And, we’ll play a round of Half Full/Half Empty and nerd out on “Star Wars” spin-off shows.Here’s everything we talked about today:"House budget panel rejects GOP megabill amid conservative opposition" from Politico "Army to place large metal plates on DC streets to protect them from tanks during June parade" from WTOP News "U.S. Loses Last Triple-A Credit Rating" from The Wall Street Journal "Airbnb Is in Midlife Crisis Mode" from Wired"Why banks still have branches — and why some are motivated to add more" from Marketplace"Gen Z's 'conscious unbossing' should be a wake-up call for businesses" from Business Insider​​"Is the Next Great American Novel Being Published on Substack?" from The New Yorker "Warner’s Streaming Service Has New Name: Its Old One. Meet ‘HBO Max.’" from The Wall Street Journal  Got a message for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
In today’s show, Kimber-Kai are answering your questions about all the wild things going on in the U.S. economy. Isn’t the 30% tariff rate on China still crazy high? And, how are local governments preparing for potential federal funding cuts? We’ll discuss how states are weighing their next moves, and how the “Trump Slump” has taken shape in California. Then, we’ll get into the Federal Reserve’s wait-and-see tariff strategy. Here’s everything we talked about today:“State of U.S. Tariffs: May 12, 2025” from The Budget Lab at Yale“States, Cities Face Funding Collapse Threat With Trump Cuts” by Bloomberg“Higher prices or higher unemployment? The economy could face a no-win dilemma” by NBC NewsJoin us tomorrow for “Economics on Tap.” The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.Donate during our May Fundraiser and get a classic public radio thank-you gift: tote bags, mugs, t-shirts, hats, and more! Give now: https://support.marketplace.org/smart-sn
On today’s show, Kimberly continues to make us smart about the GOP’s massive tax bill. This time, we’re digging into a small (but important) detail buried in the bill that could have enormous consequences for the regulation of artificial intelligence: a clause that would block states from enforcing AI laws for ten years. We’ll break down what’s at stake. And, the U.S. dollar is getting weaker. We’ll explain what it could mean for the economy. Here’s everything we talked about today:"House panel advances tax portion of Trump agenda bill after marathon meeting" from The Hill"State AI laws would be banned under clause buried in House budget bill" from Stat News"G.O.P. Targets a Medicaid Loophole Used by 49 States to Grab Federal Money" from The New York Times"US Is Not Negotiating for Weaker Dollar as Part of Tariff Talks" from Bloomberg"Republicans push for a decadelong ban on states regulating AI" from The Verge With looming threats to federal funding for public media, we need support from listeners more than ever. Donate now: https://support.marketplace.org/smart-sn
Today we’re ditching the drama on Earth and talking about K2-18b, an exoplanet 120 light-years away. K2-18b recently made headlines after researchers claimed to observe possible “signs of life” in the planet's atmosphere. So, did we find aliens? Michaela Musilova, an astrobiologist and analog astronaut, said it’s too early to tell. On the show today, Musilova breaks down the debate over K2-18b, why better telescopes are needed to find definitive proof of life on another planet, and why President Trump’s proposed funding cuts to NASA could disrupt this search. Plus, what’s it like to be an analog astronaut, and what do they actually do?Then, why a healthy reading diet contains both “broccoli” and “chocolate pie” books. And, Jessamine Chan, author of “The School for Good Mothers,” answers the Make Me Smart question.Here’s everything we talked about today:"Astronomers Detect a Possible Signature of Life on a Distant Planet" from The New York Times"Does exoplanet K2-18b host alien life or not? Here's why the debate continues" from Space "Experts alarmed as White House proposes 'largest single-year cut to NASA in American history'" from Space "NASA’s Don Pettit Shot 220 Days of Amazing Photos From the I.S.S." from The New York Times "What’s in Trump and Republicans’ giant tax and immigration bill?" from The Washington Post"Republican Tax Plan Boosts SALT Deduction, Ends Green-Energy Breaks" from The Wall Street Journal Got a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
House Republicans’ newly released tax plan includes trillions in tax breaks. But those tax cuts will come at a cost. We’ll get into it. And, Apple plans to raise iPhone prices but won’t point fingers at President Trump’s tariffs. We’ll unpack how all the tariff chaos could lead to elevated prices, no matter what they actually cost companies. Plus, sci-fi escapism and Pope Leo XIV’s love of baseball make us smile.Here’s everything we talked about today:"Exclusive | Apple Considers Raising iPhone Prices, Without Blaming Tariffs" from The Wall Street Journal "With China tariffs on hold, will Americans stop stockpiling goods?" from Marketplace "House GOP unleashes sweeping tax legislation" from Politico "House tax writers eye SALT deduction cap rejected by key lawmakers last week" from The Hill"Why Tolkien thought "sub-creation" was the secret to great fantasy and science fiction" from Big Think "Pope Leo asks fan 'Sox or Cubs?' as he signs a baseball" from The Chicago Sun-Times Got a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
As the Trump administration heads into a weekend of trade talks with Chinese officials, the President is floating a new tariff rate on Chinese imports: 80%. While it’s much lower than the current tariff rate of 145%, it’s still far too high for many businesses. We’ll get into it. And, a recent legal win for Epic Games could shake up Apple’s App Store. Plus, we’ll weigh in on mass producing orchids and going cashless during a round of Half Full/Half Empty!Here’s everything we talked about today:"DOJ, FTC open inquiry into the concert industry" from The L.A. Times "Fortnite applies to launch on Apple's App Store after Epic Games court win" from CNBC "How Apple Created a Legal Mess When It Skirted Judge’s Ruling" from The New York Times "Ahead of China-US talks, Trump says 80% tariff 'seems right'" from Reuters"Revenge RTO: Workers are coming in late, leaving early and stealing snacks as they find small ways to get back at their bosses" from Fortune"Trump Revives Push for Higher Taxes on the Rich" from The New York Times"How the Exotic Orchid Became a Mass-Market Commodity" from The Wall Street Journal "The drawbacks of an increasingly cashless society" from MarketplaceStand up for Marketplace and public media during this critical time. Donate today: https://support.marketplace.org/smart-sn
Following Trump’s so-called “Liberation Day” tariffs, the United States has now struck a trade deal (sorta) with the United Kingdom. We’ll get into it. Plus, childcare costs a lot – and in some places, more than rent. Then, we’ll smile at the unexpected joy of “swole culture.” And what if, instead of sports metaphors, we used makeup lingo at work?Here’s everything we talked about today:“Trump unveils United Kingdom trade deal, first since 'reciprocal' tariff pause” by CNBC“U.S., Britain strike first major trade deal of Trump tariff era” by Axios“Sending 2 Kids to Daycare Costs More Than Rent in Most Major U.S. Metros” from Redfin“Head Start avoids Trump’s cuts, but advocates are ready to defend it: ‘There’s too much good in this’” by The GuardianLISTEN: “Will you be my nanny?” from “This Is Uncomfortable” “Life of the Mother” by ProPublica“Finding Strength in a Bigger Body” from The Cut“How one writer quit dieting and discovered her strength through weightlifting” by NPRJoin us tomorrow for “Economics on Tap.” The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.
On today’s episode: Marketplace’s Reema Khrais joins Kimberly to discuss two stories from opposite ends of the housing spectrum – cuts to rental assistance programs and the soaring cost of starter homes. Then, Kimberly explains yet another reason why the rest of the world is giving the U.S. major side-eye. And we’ll smile about a slimy substance that might help keep microplastics at bay and parrots connecting over Facetime.Here’s everything we talked about today:“Proposed cuts to housing programs could affect millions, experts warn” from The Washington Post“Where starter homes cost at least $1 million” by AxiosThis Is Uncomfortable Season 11 from Marketplace“You Have a Message From Taiwan” by The Wall Street Journal“Why the Asian currency blowup matters” from Axios“Scientists Taught Pet Parrots to Video Call Each Other—and the Birds Loved It” from Smithsonian Magazine“Okra and fenugreek extracts remove most microplastics from water, finds research” on Phys.org Got a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
So far, President Trump’s “drill, baby, drill,” agenda has proven to be a sharp turn from Biden-era climate initiatives, including the landmark spending bill the Inflation Reduction Act (IRA). And thanks to President Trump’s attempts to claw back control over IRA funds, as well as his recent budget proposal which drastically cuts climate spending, the future of America’s fast-growing clean energy economy looks uncertain. “The world is switching to electric vehicles, the world is switching to solar and wind,” said Christopher Knittel, economics professor and associate dean for climate and sustainability at the MIT Sloan School of Management. “And the less we do domestically, the less capability we build domestically to provide those clean energy resources, the worse off our industries will be in the future.”Knittel explains President Trump’s efforts to phase out Biden-era climate initiatives, why some Republicans are reluctant to get rid of the IRA entirely, and why the U.S. getting left behind in a world committed to decarbonization poses a threat. Plus, the new Canadian Prime Minister Mark Carney told President Trump that Canada is “not for sale” in a meeting earlier today. And, the REAL ID deadline is coming in hot, though not all states seem equally prepared. Then, we’ll hear about how Seattle businesses are showing love for Canadian visitors and a listener share’s her daughter’s frustrations with “shrinkflation.”Here’s everything we talked about today:- Trump administration cancels clean energy grants as it prioritizes fossil fuels by AP News- What Trump's budget cuts could mean for the environment by AP News- The Race to the Top in Six Charts and Not Too Many Numbers from RMI- Republicans haggle over green tax credits as battle lines deepen from Politico- How We Survive from Marketplace- Trump’s trade war with Canada has backfired on America. Now he has a crucial meeting with Mark Carney from CNN Business- Trump knocks Canada ahead of Carney meeting by The Hill- @carlquintanilla.bsky.social‬ on Bluesky- What you need to know about the REAL ID requirements for air travel from NBC News- Real ID deadline is weeks away and most states aren't fully compliant yet from CBS News- Seattle Restaurants Are Offering Canadian Tourists a Discount, and an Apology by Eater SeattleGot a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
The Trump administration is hoping tariffs will spur companies to bring manufacturing back to the United States. But a new survey from the Federal Reserve Bank of Dallas found that most companies are planning to deal with tariffs another way. (Spoiler alert: we totally saw this coming!) We’ll also discuss how the Department of Homeland Security is hoping to cut the cost of mass deportations. Plus, did Trump get the idea to reopen Alcatraz from a movie?Here’s everything we talked about today:-Post on Bluesky from Carl Quintanilla-"Tariff Politics; Rent-Stabilized Tenants May See a Rent Hike; Surviving Wall Street; Celebrating NYC's Mexican Communities" from The Brian Lehrer Show -"DHS Announces Historic Travel Assistance and Stipend for Voluntary Self-Deportation" from Department of Homeland Security -"US offers $1,000 stipend to encourage migrants to self-deport" from Reuters-"Mass Deportation: Devastating Costs to America, Its Budget and Economy" from American Immigration Council-"Trump Seems to Have Decided to Reopen Alcatraz Because of a Movie" from The New Republic-"Trump Says He Wants to Reopen Alcatraz as a Functioning Prison" from The New York Times-"Met Gala 2025: Highlights from exhibit of Black style and designers" from AP News  -​"'Tailoring Black Style': Dandyism shines at the 2025 Met Gala" from NPRGot a question for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
On today’s episode, Kimberly joins "Economics on Tap" from the Toronto airport. We’ll unpack President Trump’s elimination of a tariff loophole known as the de minimus exemption that went into effect today, meaning low-cost shipments will no longer enter the United States tariff-free. Without it, Americans could start to feel some serious tariff pain. And, President Trump is renewing threats to revoke Harvard University’s tax-exempt status. Plus, we’ll play a round of Half Full/Half Empty.Here’s everything we talked about today:-"Trump's tariffs come for fast fashion, and the blowback could be fierce."  from Politico -"Harvard President Says Any Move to Revoke Tax-Exempt Status Would Be ‘Highly Illegal’" from The Wall Street Journal -"Trump aims to cut $6 billion from NASA budget, shifting $1 billion to Mars-focused missions" from CNBC-"Visit this store for a free iris scan to ‘prove’ you’re human, not AI" from The Washington Post-"MoviePass’ Next Big Bet: A Fantasy Box Office App" from The Hollywood Reporter-"A little retirement, as a treat" from MarketplaceGot a question for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
This week, President Trump acknowledged his tariffs were resulting in costlier items in the U.S., but maintained his position that China was taking the majority of the heat. If people can’t afford to buy as much, might that be a recipe for recession? We’ll discuss, and answer a listener’s question on what exactly is a recession. Plus, how uncertain economic conditions might make someone reconsider a luxury cheese purchase.Here’s everything we talked about today:- Recession defined by the U.S. Bureau of Economic Analysis (BEA)- “Trump says US kids may get '2 dolls instead of 30,' but China will suffer more in a trade war” from the Associated Press- WATCH: “Trump says kids may get '2 dolls instead of 30' because of trade war with China” from the Associated Press- “Trump, on Tariffs, Says ‘Maybe the Children Will Have 2 Dolls Instead of 30’” from The New York Times- “Spending by American companies on computers in Q1 grew at the fastest pace since 1983” by Marketplace- Check out the Canadian cheese shop Kimberly mentions in this episodeJoin us tomorrow for “Economics on Tap.” The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.
The Commerce Department reported the U.S. economy contracted by 0.3% in the first quarter of this year. We’ll break down the GDP math formula and dig into what the latest report says about where the US economy may be headed. And, should businesses be transparent about the impact of tariffs on prices? A nixed plan from Amazon serves as a cautionary tale of the political risks. Plus, feeling stressed these days? Cow cuddling and bee therapy might help.Here’s everything we talked about today:-"Trump blames Biden after GDP shrinks in first quarter, says growth will 'take a while'" from CNBC -"Businesses weigh how much to tell customers about tariffs' impact on price" from Marketplace-"Trump-Bezos call sets stage for tense earnings report from Amazon" from CNBC-"Trump vs. Amazon’s Brilliant Tariff Idea" from The Wall Street Journal -"The Americans Fled Vietnam 50 Years Ago. I Visited the Buildings They Left Behind."  from The New York Times"Anxious about the world? Cow cuddling or bee buzzing might help ease your stress" from The Denver PostGot a question for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
After declaring victory in yesterday’s Canadian election, Prime Minister Mark Carney said the “old relationship” with the United States is over. Over the past few months, President Donald Trump’s on-and-off tariffs and repeated annexation threats have caused Canadians to reconsider the United States as its leading trading partner and ally. But Patricia Goff, professor of political science at Wilfrid Laurier University, said the idea of disentangling the two economies is unrealistic. On the show today, Goff explains how Trump’s tariffs and annexation threats influenced the Canadian election, how Canadian industries are navigating the trade war, and what this all could mean for the future of the U.S.-Mexico-Canada trade agreement.Plus, we’ll hear a pitch for a new “Make Me Smart”-themed rear window sticker. And, what one psychologist got wrong about burnout. Here’s everything we talked about today:"Trump knows exactly what he just triggered in Canada" from CBC News"Liberal Bruce Fanjoy topples Pierre Poilievre in Carleton" from CBC News"Canada-U.S. Relations Continue to Reach Lows Over Tariffs and Annexation Threats" from The New York Times"Mike Myers Is Ready to Defend Canada" from The New York Times"Canada says its friendship with the US is ‘over.’ Now what?" From Politico "The future of the USMCA" from the Peterson Institute for International EconomicsWe want to hear your answer to the Make Me Smart question. Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
On the show today, Kimberly joins us from an Ontario polling station on Canada’s election day. We’ll get into how President Trump’s trade war has shaped the federal election and may boost voter turnout. Plus, what Canadians are saying about boycotting American products and canceling their U.S. vacations.Here’s everything we talked about today:"Canadians vote today after fierce campaign shaped by Trump" from CBC News"Canada votes in an election upended by Trump. Here’s what to know." from The Washington Post "Canada’s Political Landscape Upended by Trump, Trudeau and Tariffs" from The New York TimesGot a question for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Americans expect inflation to rise to 6.5% this year according to the University of Michigan’s latest consumer sentiment survey. That’s the highest outlook since 1981. We’ll explain why those high inflation expectations could be keeping Federal Reserve Chair Powell up at night. And, the deal filmmaker Ryan Coogler made with Warner Bros. to make his latest horror movie “Sinners” is anything but ordinary. Could it shake up the Hollywood studio system? "Trump administration reverses abrupt terminations of foreign students’ US visa registrations" from Politico"Ryan Coogler's 'Sinners' isn't just scaring audiences. It's scaring Hollywood." from MSNBC"Inflation expectations remain at highest level since 1981 even after Trump's 90-day tariff pause" "Pickle, a Fashion App, Lets Strangers Borrow Your Clothes" from The Cut"Subtitling Your Life" from The New Yorker"Is community fact-checking the future of social media moderation?" from Marketplace"The $20,000 American-made electric pickup with no paint, no stereo, and no touchscreen" from The VergeGot a question for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Today, we’re answering questions from our listeners about everything going on in this economy (we know, it’s a lot). Like, whatever happened to that bipartisan bill that would pass authority over tariffs back to Congress? We’ll get into the status of the legislation and how states are jumping into the fight. Plus, we’ll discuss the legality of the Trump administration’s funding freezes and how foreign trade zones are helping some companies avoid sky-high tariffs.Here’s everything we talked about today:“Congress gave presidents power over tariffs. They could aways take it back” from CNN Politics“12 States Sue Trump Over His Tariffs” by The New York Times“Trump says he has 'no intention' of firing Fed Chair Jerome Powell” from AP News“If Trump wants rate cuts, he would likely need to replace the Fed's full board along with Powell” by CNBC“How Congress — and not the president — controls how taxpayer money is spent” from Marketplace“Trump tariffs lead to surge of companies parking imports in tax-free 'foreign trade zones’” from CNBC“How Foreign Trade Zones In The U.S. Came Into Existence” by NPRGot a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
The Overton Window is a concept that helps explain how the range of policies considered politically acceptable shifts over time. But have you heard of the “Ryssdal Window"? We’ll explain how it relates to what’s happening in the markets right now as president Trump hints at a possible change of heart on China tariffs. Plus, the FDA suspended a milk quality testing program. With less federal oversight, can private industries regulate themselves? And, the physics behind a great cup of coffee.Here’s everything we talked about today:"White House Considers Slashing China Tariffs to De-Escalate Trade War" from The Wall Street Journal"FDA milk quality testing program suspended after job cuts" from The Hill"‘Crazy’: Forest Service cuts ignite fear, fury over wildfire risks" from Politico"The Physics of Perfect Pour-Over Coffee" from The New York Times"Hegseth orders makeup studio installed at Pentagon" from CBS NewsGot a question for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Hey Smarties! Today we’re sharing an episode from our friends over at “How We Survive,” Marketplace’s climate solutions podcast. This season, host Amy Scott and the team dig into the rise of environmental, social and governance-based investing, or ESG, and the right wing backlash that followed. In this episode, the story of ESG’s start revolves around some unexpected players: rabbis, nuns and other faith-based investors.
Yes — Obamacare is before the Supreme Court, again. This time, the case centers on the legality of an advisory task force. Experts worry it could spell the end of an ACA mandate requiring insurers to cover certain preventative care services at no cost. But first: Secretary of Defense Pete Hegseth is caught up in another Signal group chat scandal. Plus, Paul Revere wasn’t the only midnight rider to warn that the British were coming.Here’s everything we talked about today:"‘An amateur person’: GOP Rep. Bacon says Hegseth should go" from Politico"Obamacare returns to SCOTUS, with preventive care on the line" from Politico"Court to hear challenge to ACA preventative-care coverage" from Scotus Blog "Kristi Noem’s Purse, With Security Badge and $3,000, Is Stolen" from The New York Times"Paul Revere Wasn't the Only Midnight Rider Who Dashed Through the Darkness to Warn the Patriots That the British Were Coming" from Smithsonian Magazine "April 18, 2025" from Heather Cox Richardson Got a question for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Stop us if you’ve heard this before: We’re in an unprecedented economic moment. But this time really is different. America’s place in the global economy is shifting. And what happens next is going to matter for businesses, consumers and you. Today, Kai Ryssdal’s popping into your feed with special coverage and reporting from Marketplace to help you make sense of the scale and scope of the economic change in real time.We count on you, our listeners, to help cover the cost of the reporting that you rely on. If you can, please donate to help keep Marketplace programming free and accessible for all.
Undocumented workers aren’t the only immigrants being targeted by the Donald Trump administration. Green card holders are facing deportation threats as well. We’ll discuss the far-reaching implications of Trump’s immigration crackdown, from the labor market to higher education in the United States. Plus, what Kilmar Abrego Garcia’s deportation case could mean for due process. And, we’ll weigh in on crunchy foods and living underwater during a round of Half Full/Half Empty.Here’s everything we talked about today:"Trump’s Immigration Crackdown Expands to Green Card Holders" from The New York TimesTweet from the White House "Colleges Fear Decline in International Student Enrollment" from Inside Higher Ed"A Young Generation Goes to Work for Mom and Dad Inc." from The Wall Street Journal"How crunch took over our taste buds" from Fast Company"The Techno-Utopian Seasteaders Who Want to Colonize the Ocean" from The New York Times"Fox Nation Plans Game Show About Isolated People Guessing What Trump Did In His First 90 Days" from The Hollywood ReporterGot a question for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
In over a hundred years, no president has ever fired the chair of the Federal Reserve … yet! President Donald Trump says he could show Jerome Powell the door, even though Powell says he’s not going anywhere. We’ll explain why it might all come down to the Supreme Court. Plus: the economic conditions that led to the American Revolution. And, a smile-worthy photo reminds us it's never too late to try new things!Here’s everything we talked about today:“Trump: If I ask Powell to leave, ‘he’ll be out of there’” by The HillHumphrey's Executor v. United States from Oyez“Recreating Paul Revere's ride from Boston 250 years later, 2 men prepare for landmark journey” from CBS News Boston“A Hall of Fame baseball player picked up photography in retirement. He captured one of the defining shots of the Masters.” by Business InsiderJoin us tomorrow for “Economics on Tap.” The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.
Since President Donald Trump took office, his administration has ignored court rulings on a range of issues from press access to deportations. Now, a federal judge might hold him in criminal contempt of court. We’ll unpack the Zeno’s paradox of constitutional crises. Plus, where luxury goods actually come from and why you may want to think twice before buying one. And if you’re looking to zone out, turn on the “Great Moose Migration.”Here’s everything we talked about today:@kyledcheney.bsky.social‬ on Bluesky“What happens if a president and the federal government fail to follow a judge's orders?” by NBC NewsJ.G.G., et al., v. Donald J. Trump, et al. from the United States District Court for the District of Columbia “What to do in case of a constitutional crisis” by CNN“How is civil society responding to the US constitutional crisis?” from the Brookings Institution“Trump’s China tariffs spark viral TikTok work-arounds” from Fast Company“'Chinese Warehouse' TikTok Videos Urge Americans to Buy Directly From Them” from Newsweek“Ignore advice to buy direct from Chinese factories with DHGate, others” from The Washington Post“The ‘Great Moose Migration’ Livestream Captivates Sweden” from The New York TimesGot a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Happy Tax Day, folks. While you’re hitting “Submit” on your returns, lawmakers in Washington are negotiating over what next year’s Tax Day could look like. Congress is aiming to pack President Donald Trump’s promised tax cuts into one behemoth reconciliation bill. But Caitlin Reilly, tax and economics reporter at CQ Roll Call, said there’s a long way to go before making these promises a reality. On the show today, Reilly explains why Congress is pursuing “reconciliation,” the accounting magic lawmakers are using to make certain tax cuts look free, and how the House and Senate will square two drastically different mandates for spending cuts. Then, we’ll look into how Boeing is getting caught up in the U.S.-China trade war. And, a tax professor answers the “Make Me Smart” question.Here’s everything we talked about today:"House Republicans Passed a New Budget. Here's What's in It." from The New York Times"Senate GOP passes budget plan, setting up a critical next phase for Trump agenda" from NPR"House GOP adopts budget framework, paving the way for Trump’s ‘big, beautiful bill’" from Politico "'Current policy' debate dogs budget reconciliation efforts" from Roll Call"Your cheat sheet to Congress’ budget fight" from PBS Newshour"China Goes After Boeing, Tells Airlines Not to Order New Aircraft From U.S. Jet Maker" from The Wall Street Journal We want to hear your answer to the “Make Me Smart” question. Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Nearly a decade after Brexit, the British economy is still feeling the fallout. Now, President Donald Trump seems to be pulling from a similar playbook — with tariffs that could reshape the U.S. economy in eerily familiar ways. (Shocker, we know!) But first: Trump threatens to send Americans to prisons in El Salvador. The constitutional crisis alarm bells are ringing. Plus, poop in space is a bigger problem than you might think.Here’s everything we talked about today:"Trump again threatens to send Americans to prisons in El Salvador" from Axios"Fox Nation Plans Game Show About Isolated People Guessing What Trump Did In His First 90 Days" from The Hollywood Reporter"Trump admin shrinks federal Medicaid funding available to states" from Axios"HHS Lays Off All Full-Time Cruise Ship Health Inspectors Amid Illness Outbreaks: Report" from The Huffington Post"NASA offers $3M in competition to recycle human poop in space" from UPI"How Brexit, a Startling Act of Economic Self-Harm, Foreshadowed Trump’s Tariffs" from The New York Times"Meet the Comedian Putting Trump Voter Regret to Music" from Rolling Stone Got a question for our hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Amid this week’s tariff turmoil, U.S. stocks tumbled, U.S. Treasurys sold off, and the U.S. dollar weakened. Kai explains what this triple sell-off could mean for the future of the American economy. And, is the era of cheap stuff in America over? Donald Trump administration officials are arguing it’s a good thing. We’ll get into it. Plus, we’ll weigh in on penguin memes and using public phones during a round of Half Full/Half Empty. Here’s everything we talked about today:"Treasury Secretary Bessent says the American dream is not about 'access to cheap goods'" from CNBC"Cheap Consumer Goods Are the American Dream, Actually" from Bloomberg"The Trump administration says cheap goods aren’t part of the American dream. They’re wrong." from Vox"The bond market is acting weird. It spooked Trump" from CNN Business"After Trump’s Tariffs, Stocks Plunged but Penguin Memes Ticked Up" from The New York Times"More students opt for certificates as undergraduate degree earners decline" from Marketplace"A Frenzy at Trader Joe’s: ‘Everyone’s Here for the Tote Bags’" from The New York Times"The Masters offers public phones as alternatives to cellphones. Here's what attendees think" from Fast CompanyGot a question for our hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Today, it’s all YOU! We’re diving into the mailbag to play your voicemails, read your comments, and answer your questions after a wild week of tariff insanity. We’ll hear from YOU on how you’ve been riding the economic uncertainty. Plus, is Trump’s tariff pause, really a pause? And a listener shares what it’s been like teaching elementary students about tariffs. Here’s everything we talked about today:“US-China Trade War Tariffs: An Up-to-Date Chart” from the Peterson Institute for International Economics“The Fiscal and Economic Effects of the Revised April 9 Tariffs” from The Budget Lab at YaleMillion Bazillion by MarketplaceJoin us tomorrow for “Economics on Tap.” The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.
The world woke up to a very different economy today. Then, President Donald Trump announced a 90-day pause on some of his tariffs. The news was announced as the official in charge of U.S. trade policy was testifying on Capitol Hill. We’ll break down the trade official’s tense exchange with lawmakers and the real consequences of this week’s market madness. Plus, we’ll laugh so we don’t cry about the economy.Here’s everything we talked about today:"U.S. Trade Rep. Testifies on Pres. Trump's Trade & Tariff Agenda" from CSPAN"Live updates: Trump orders 90-day pause on new tariffs except for China" from CNN Bluesky post from Jeva Lange How are you coping with the tariff whiplash? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
You may be wondering whether the prices of your go-to products, from avocados to smartphones, will be raised by tariffs in the coming weeks. We hear you! On the show today, Martha Gimbel, executive director of the Budget Lab at Yale, gives us a broad view of the tariff landscape, how the prices of certain consumer goods could change, and how Trump’s trade agenda could impact the American economy in the long run. Plus, why a trade deficit isn’t necessarily a bad thing.Then, we’ll smile about the joy of listening to kids learn to talk. And, Carrie Lane, author of “More Than Pretty Boxes: How the Rise of Professional Organizing Shows Us the Way We Work Isn’t Working,” answers the Make Me Smart question.Here’s everything we talked about today:"Tariffs on China set to rise to at least 104% on Wednesday, White House says" from CNN Business"Stock Market Today: Dow, S&P 500 Swing Wildly; Trump Threatens More China Tariffs" from The Wall Street Journal"What is the status of the Trump administration's tariffs?" from Marketplace"Where We Stand: The Fiscal, Economic, and Distributional Effects of All U.S. Tariffs Enacted in 2025 Through April 2" from The Budget Lab at Yale"Trump Tariff Tracker" from the Atlantic CouncilGot a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Global markets are reeling after President Trump’s latest tariff announcement last week, prompting business executives like JP Morgan CEO Jamie Dimon to speak out against Trump’s trade agenda. This comes just a few months after Dimon previously said to “get over” Trump’s tariff threats. Kai has thoughts. Plus, we’ll get into how long it could take for global trade to rebalance and what some conservative think tanks are saying about all the tariff upheaval.Here’s everything we talked about today:“JPMorgan CEO Jamie Dimon Warns Tariffs Will Raise Prices, Slow Growth” from The Wall Street Journal “Jamie Dimon says Trump's tariff policy is positive for national security so people should 'get over it'“ from CNBC“New tariffs could spell major trouble for global economy” from the Competitive Enterprise Institute “Trump’s Tariffs Are an Economic Emergency for Americans” from the American Enterprise Institute “Brace for Impact, America. Trump’s Tariffs Will Soon Hit Your Bank Accounts” from the Cato Institute Got a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
On this edition of “Economics on Tap,” Kimberly and Sabri discuss how it’s nearly impossible to tariff-proof your shopping list (or cocktail) because of the way our global economy works. They also get into why reshoring might be easier said than done. Plus, could Congress claw back some of the authority on tariffs? And the hosts weigh in on this season of “White Lotus” in a round of Half-Full/Half-Empty!Here’s everything we talked about today:“These cocktails and wines could get pricier if Trump imposes tariffs” from The Washington Post “US Senate Republican pushes to require congressional approval for new tariffs” by Reuters “House Republican moves to rein in tariff powers” by Politico “Powell Warns Trump’s Tariffs Risk Stoking Even Higher Inflation and Slower Growth” from The New York Times“The Revolving Restaurant Is Back Again (and Again)” from The New York Times“Americans Rush to Buy TVs, Soy Sauce, Lululemon Workout Gear” from The Wall Street Journal“This Financial Firm Can Give Investment Advice in Gen Z Slang, No Cap” from The Wall Street Journal‘The White Lotus” Season 3 finale: How to watch, plus what we know about Season 4 from Yahoo Entertainment Got a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
President Donald Trump unveiled sweeping tariffs on American imports, with the levies coming in higher than expected. Do we need to be stockpiling our carts to get in front of rising costs? We asked economists how they’re personally preparing for higher prices. Plus, Reema and Kimberly unpack international responses as countries buckle up to negotiate — or take retaliatory measures. Also, why are we putting tariffs on uninhabited islands near Antarctica?Here’s everything we talked about today:“Tariffs Will Hit All U.S. Imports. Price Hikes for These Items May Surprise You” from The Wall Street Journal“Tariff-related layoffs hit five US auto plants that supply factories in Canada and Mexico” from CNN Business“Sweeping Trump tariffs shock global economy, draw calls for talks” by AP NewsWatch: “In Full: Prime Minister Anthony Albanese responds to new US tariffs” by ABC News Australia on YouTube “‘Nowhere on Earth is safe’: Trump imposes tariffs on uninhabited islands near Antarctica” by The Guardian “The Blunt Force Trauma of the Trump Tariffs” from Wired “Support Grows for President Trump’s America First Reciprocal Trade Plan” from The White House Join us tomorrow for “Economics on Tap.” The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.
Keyed to President Donald Trump’s tariff announcement today, Kimberly and Sabri unpack some of the messaging about the impact tariffs had during the president’s first term and explain why many of those claims are overblown. Plus, why we’re smiling about Sen. Cory Booker’s historic speech and how Sabri fell victim to April Fools’ Day shenanigans! (Note: This episode was recorded prior to Trump’s speech.)  Here’s everything we talked about today:“Trump’s Tariffs Make the Fed’s Interest Rate Decisions Tougher” from The New York Times “Tariffs Work — and President Trump’s First Term Proves It” from The White House “Economic View: Tariffs Have Strengthened the U.S. Economy” from the Coalition for a Prosperous America “Economic Impact of Section 232 and 301 Tariffs on U.S. Industries” from the United States International Trade Commission “ITC Study Proves Effectiveness of China Tariffs on Boosting Domestic Production, Reducing Dependence on Imports” from the Coalition for a Prosperous America “Home Depot to Charge For Parking to Combat Inflation” by Pro Tool Reviews “Booker sets new record for longest Senate floor speech” from Roll Call @kimberlyadams.bsky.social‬ via Bluesky Got a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
The idea that the government should be run more like a business isn’t new. But with two businessmen, Donald Trump and Elon Musk, now taking a proverbial chainsaw to the federal bureaucracy all in the name “efficiency,” this theory is being put to the test. While it’s an appealing idea, Philip Joyce, professor of public policy at the University of Maryland School of Public Policy, said governments can’t afford to take risks the way businesses can. On the show today, Joyce explains the origins of the idea that the government should be run like a business, how we define “success” differently for the two entities, and how the way Trump and Musk do business is showing up in the White House. Then, we’ll break down the high stakes of today’s special elections in Wisconsin and Florida. Plus, reflections on serendipitous moments in walkable communities and what we gain by admitting we were wrong.Here’s everything we talked about today:“Why Running the Government Like a Business Would Be a Disaster” from The New York Times“The US Government Is Not a Startup” from Wired“The US Postal Service has been struggling for years. Now Trump’s talking about privatizing it” from AP News“DOGE wants businesses to run government services ‘as much as possible’” from The Washington Post“UPDATE: RECOVER Long COVID pathobiology grants restored” from The Sick Times“NIH restores some long COVID grants” from C&EN“What to Watch in Wisconsin’s Supreme Court Election and Florida’s Special Elections” from The New York Times“What to watch for Tuesday in Wisconsin’s high-stakes Supreme Court race and special elections in Florida” from CNN Politics“Control of the Wisconsin Supreme Court is at stake in race that’s drawn powerful political interests” from AP News“Volume 52 | Issue 1 | February 2025” from the American Ethnological SocietyGot a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
President Donald Trump has promised that a fresh wave of tariffs on April 2 will usher in an era of growth in American manufacturing. But does history bear that out? We’ll explain how steel tariffs under President George W. Bush did more harm than good. And, in response to Trump’s trade agenda, the “buy Canadian” movement is gaining steam. American exporters are already feeling it. Plus, we’ll smile about flowers, parties and the unspoken rules of texting.Here’s everything we talked about today:“As ‘Buy Canadian’ grows, more US companies say retailers shunning their products” from Reuters“Republicans scramble to shield their states from Trump’s next wave of tariffs” from Politico“Why steel tariffs failed when Bush was president” from Politico“Are You a Hostile Punctuator???” from Time“‘God’s way of smiling at us’: Iconic DC cherry blossoms create lasting joy, new beginnings” from USA TodayGot a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
The artificial intelligence cloud computing provider CoreWeave sold shares to the public today with so-so results. Because it’s the first major IPO of the current generative AI era, some argue that CoreWeave could be a barometer of the AI boom. We’ll get into it. And, a federal appeals court ruled in favor of President Donald Trump’s firings of independent agency heads. The case will likely make its way to the Supreme Court. Plus, we’ll play a round of Half Full/Half Empty!Here’s everything we talked about today:“Appeals court clears way for Trump to fire leaders of ‘independent’ federal agencies” from Politico“CoreWeave stock seesaws after IPO in first big test of AI trade” from Yahoo Finance“CoreWeave Is A Time Bomb” from Ed Zitron’s Where’s Your Ed At“OpenAI Unveils New Image Generator for ChatGPT” from The New York Times“DoorDash and Klarna partner to offer buy now, pay later for takeout” from Marketplace“Crocs hits record revenue as popularity with younger consumers soars” from Marketplace“When should we pay rent with a credit card? from Marketplace“Facebook’s New Friends Tab Brings App Back to Its Roots” from The New York TimesMarketplace’s March fundraiser ends today! Chip in now and pick up a classic public media thank-you gift: https://support.marketplace.org/smart-sn
On today’s episode, Kai and Reema discuss the disturbing arrest of a Turkish national with a valid student visa at Tufts University and the effects these immigration detentions are having on political speech. Plus, WNBA team New York Liberty got a shiny, new training facility. (No, it’s not a spa!) And, another big oops for National Security Adviser Mike Waltz. You just can’t make this stuff up.Here’s everything we talked about today:“New York Liberty Unveil Practice Facility Amid WNBA’s Race to Attract Talent” from The New York Times “DoJ lawyers say detained Tufts student was sent to Louisiana before court order” by The GuardianVideo: Marco Rubio’s comments on Ozturk’s arrest posted by Aaron Rupar on Bluesky “Mike Waltz Left His Venmo Friends List Public” by Wired Join us tomorrow for “Economics on Tap.” The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.
In all the talk about senior White House officials discussing military attack plans over the messaging app Signal (and accidentally invited a journalist to the chat), one detail is being overlooked: the impact of the attacks on Yemen. We’ll get into it. And, we’ll unpack the chilling effect the Trump administration is having on U.S. tourism. Plus, nobody remembers that embarrassing time you misspoke in a Zoom meeting, right?Here’s everything we talked about today:“Foreign Travelers Are Rethinking Travel to the U.S.” from The New York Times“Beyond the Signal fiasco, Trump’s Yemen strategy needs more scrutiny” from The Washington Post“Here Are the Attack Plans That Trump’s Advisers Shared on Signal” (gift link) from The Atlantic“Living Car-Free in Arizona, on Purpose and Happily” from The New York Times“The Ford Executive Who Kept Score of Colleagues’ Verbal Flubs” from The Wall Street Journal“As Republicans Denounce NPR and PBS, Democrats Mock Hearing” from The New York TimesHelp Marketplace and Make Me Smart plan for an uncertain future. Donate now during our March fundraiser.
The United States and Ukraine are weighing a deal that would give the U.S. a cut of revenues from Ukraine’s rare earth minerals. But Gracelin Baskaran, mining economist at the Center for Strategic and International Studies, said rare earths aren’t all that rare. So why is the Trump administration scrambling to get its hands on these minerals from other countries? On the show today, Baskaran explains what rare earths are, why mining them isn’t always economically attractive, and what the U.S. is doing to try to catch up with China’s rare earth production. Plus, why recycling is only part of the solution. Then, we’ll get into why Canadians are boycotting American vacations. And, how easy is it to get someone to dream about a tree or supply chain economics?Here’s everything we talked about today:“Opinion | How Trump Can Turn the Ukraine Mineral Deal Into Real Security” from The New York Times“US seeks to reopen terms of Ukraine minerals deal” from Financial Times“Fact Sheet: President Donald J. Trump Takes Immediate Action to Increase American Mineral Production” from the White House“Ukraine mineral deal could bolster U.S. supply of key materials” from Marketplace“Why does DRC want a Ukraine-like minerals deal with Trump, amid conflict?” from Al Jazeera“The Space Station Is Too Clean, and It’s Making Astronauts Sick” from The Wall Street Journal“Canadians Are Boycotting American Vacations” from The Wall Street JournalGot a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Most of us can only wonder what goes on in U.S. national security leaders’ group chats, but The Atlantic’s Editor-in-Chief Jeffrey Goldberg doesn’t have to. Last week, Goldberg was accidentally included in a Signal group chat with high-ranking members of the Donald Trump administration, in which they discussed imminent war operations. Yes, this actually happened. Plus, the whopping $2.1 billion verdict you might’ve missed over Roundup weed killer. And, we smile over what’s happened since congestion pricing went into effect in Manhattan — all while dropping some Latin vocab.Here’s everything we talked about today:“The Trump Administration Accidentally Texted Me Its War Plans” by The Atlantic “Bayer Drops After $2 Billion Verdict in Latest Roundup Trial” from Bloomberg “Third Circuit Rules Failure to Warn Claims Preempted by FIFRA” from the National Agricultural Law Center “Denzel Washington and Jake Gyllenhaal break Broadway box office records with ‘Othello’” by CNN “Congestion Pricing is a Policy Miracle” by Better Cities via Substack Got a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
It’s almost peak bloom in Washington, D.C., which means it’s time for our annual cherry blossom celebration! But first, some federal funding news: Columbia University will give in to far-reaching demands by President Donald Trump to restore threatened federal funding. We’ll get into what kind of precedent the move sets for higher education. And, the U.S. Department of Agriculture will cancel $500 million in food deliveries. Rural food banks could be impacted most. Plus, we’ll play a blossom-themed round of Half Full/Half Empty!Here’s everything we talked about today:“Trump weighs in on report King Charles will offer U.S. Commonwealth membership” from The Independent“Columbia Yields to Trump in Battle Over Federal Funding” from The Wall Street Journal“USDA cancels $500M in food deliveries, leaving food banks scrambling” from The Washington Post“Ohio among best places to see cherry blossoms blooming. Here’s where” from The Columbus Dispatch“Cherry Blossom predictions are in! Will AI bloom or bust?” from George Mason University“Beyond the bud: How the nation’s pink trees became an indicator of changing climate” from WBAL“2025 National Cherry Blossom Festival set to boost DC tourism” from ABC7 NewsDonate to our March fundraiser to get classic public media thank-you gifts! https://support.marketplace.org/smart-sn
Not totally sure how tariffs work, who pays for them and how they’re collected? Look no further. In today’s episode, Kai and Nova answer these questions and more. We’ll explain how tariffs are applied and what they’re based on, as well as what happens when a good crosses a border multiple times. Plus, what’s the point of a country retaliating with tariffs if its citizens have to pay for them? We’ll get into it.Here’s everything we talked about today:“Who Pays for Tariffs? Here’s What You Need to Know.” by The New York Times “China’s retaliatory tariffs on agricultural goods will squeeze farmers” from MarketplaceListen: Audio snippet on deals exporters and importers make to determine who will pay in the event of unexpected tariffs via OtterAi “How Tariffs Work” from The New York Times “Automakers warn that Trump tariffs will hike vehicle prices as much as 25%” from Reuters “Buying a Car? Trump’s Tariffs Could Make It More Expensive.” by The New York Times “Europe Delays Tariffs on U.S. Whiskey to Make Time to Negotiate” by The New York Times “Trump’s 200% tariff threat would be ‘a real disaster’ for Europe’s wine industry” by AP News Join us tomorrow for “Economics on Tap.” The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.
President Donald Trump’s tariff fight with the European Union just got a little more heated after the EU accused U.S. tech giants Google and Apple of breaching antitrust rules. Could this escalate the EU-U.S. trade war? We’ll also talk about the erasure of Black history and why Elon Musk is about to be back in the money. Finally, Nova makes us smile with some of the funniest and nerdiest bumper stickers seen around the streets of Los Angeles.Here’s everything we talked about today:“Jackie Robinson’s Army career wiped from military website in DEI purge” by NBC News @danlamothe.bsky.social‬ on Bluesky “Elon Musk’s X Raises Almost $1 Billion in New Equity Funding” by Bloomberg “EU accuses Google and Apple of breaking its rules, risking Trump clash” from The Guardian “The funniest, weirdest and most niche bumper stickers seen around L.A.” by The Los Angeles TimesWatch: “Debussy Prelude to the Afternoon of a Faun” performed by the Detroit Symphony Orchestra on YouTube Got a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Hey Smarties! Today we’re revisiting an episode from earlier this year that might help you make sense of all the tit for tat tariff fight from the past few weeks. It unpacks some tariff history and the potential economic consequences of President Trump’s ongoing trade war. If President Donald Trump goes through with his plan to levy sweeping tariffs on foreign imports, it wouldn’t be the first time the U.S. has done such a thing. Ever heard of the Smoot-Hawley Tariff Act of 1930? Anyone? Those tariffs are widely credited with sinking the United States deeper into the Great Depression. And although global trade looks different nowadays, they can teach us a lot about how Trump’s protectionist approach to global trade could play out. On the show today, Inu Manak, a fellow for trade policy at the Council on Foreign Relations, explains how the Smoot-Hawley tariff debacle can shed light on the current moment, why the president has the power to wield tariffs in the first place, and how punishing trading partners could leave the U.S. economy at a disadvantage. Plus, what this fight has to do with the 1980s film “Ferris Bueller’s Day Off” and Roomba vacuum cleaners! Later, one listener’s call to visit your local butcher. And, dating coach Damona Hoffman, host of the “Dates and Mates” podcast, answers the “Make Me Smart” question just in time for Valentine’s Day. Here’s everything we talked about today:“Tariffs on Trading Partners: Can the President Actually Do That?” from Council on Foreign Relations“One Response to Trump’s Tariffs: Trade That Excludes the U.S.” from The New York Times“The United States has been disengaging from the global economy” from the Peterson Institute for International Economics“Protectionism 100 years ago helped ignite a world war. Could it happen again?” from The Washington Post“The US is one of the least trade-oriented countries in the world – despite laying the groundwork for today’s globalized system” from The ConversationDouble your impact when you donate to Marketplace today, thanks to a $30,000 match from the Investors Challenge Fund: https://support.marketplace.org/smart-sn
On today’s episode, Kai Ryssdal and Kimberly Adams discuss the Donald Trump administration’s disregard for the courts. The White House has ignored a judge’s order to turn around a pair of deportation flights and failed to rehire federal workers. A constitutional crisis has arrived. Plus, get ready for a three-bleep Kai rant. And how anime helps explain the GOP’s attempt to get around the real cost of its $4 trillion tax cut.Here’s everything we talked about today:“Black War Hero’s Medal of Honor Page Deleted by Pentagon” from Newsweek “Donald Trump Is Itching for a Legal Showdown Over Deportations” by Vanity Fair “What court orders? Trump’s moving full steam ahead to slash more federal workers” from Politico“Exclusive: How the White House ignored a judge’s order to turn back deportation flights” from Axios “Trump admin live updates: Border czar says ‘I don’t care what the judges think’” by ABC News “Crematory horrors spur Maryland lawmakers to push for reform” by The Washington Post “A Congresswoman with Dementia Stopped Coming to Work. The DC Press Corps Never Noticed.” by Politico “The Budget Trick the G.O.P. Might Use to Make a $4 Trillion Tax Cut Look Free” by The New York Times @bbkogan.bsky.social on Bluesky “Republicans press for change in how CBO tallies cost of legislation” from Marketplace Got a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
A Republican-written spending bill is being backed by some Senate Democrats, including Senate Minority Leader Chuck Schumer, to avoid a government shutdown. Other Democrats — and much of the voter base — aren’t happy. We’ll get into it. Then, we’ll close out the week with a round of Half Full/Half Empty, weighing in on Southwest Airlines’ new checked bag policy and $19 strawberries. Plus, in the wake of a certain duchess’ foray into television, what are your thoughts on celeb cooking shows?Here’s everything we talked about today:“The Siberian Bone Hunters Diving for Ice Age Mammoth Fossils” from The New York Times “Dr. Oz, with a TV host’s flair, promises simple solutions for America’s health care ills” by Politico“Schumer Under Fire as Pelosi and Other Democrats Criticize Shutdown Retreat” from The New York Times “Half-Past Four is the New Five O’Clock in More Efficient Workday” from Bloomberg “5 Takeaways From Meghan Markle’s Netflix Show ‘With Love, Meghan’” from The New York Times “Why does the viral Erewhon strawberry cost $19?” from Marketplace “Southwest Airlines is charging for checked bags. Will loyal flyers stick around?” from USA Today Got a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
In this episode, Kai and Kimberly divide into the back and forth over tariffs. The on-again, off-again levies are making it tough for industries to plan and trade. With all the uncertainty, are markets — from stocks to agriculture — on the verge of becoming untradable? Plus, we’ll wryly smile at a biting, century-old song about farmers who were ticked off about tariffs. (Thanks to our listener, Robert, for sharing his rendition!)Here’s everything we talked about today:“China’s retaliatory tariffs on agricultural goods will squeeze farmers” from Marketplace “Chinese tariffs on U.S. farm products take effect as trade tensions mount” by The Washington Post “An ‘Untradable’ Market: Trump Sows Profound Uncertainty for Stocks” from The New York Times “Nebraska folklore pamphlet: Farmers’ Alliance songs of the 1890’s” from Nebraska Memories, a digitized archival project from the Nebraska Library Commission Join us tomorrow for “Economics on Tap.” The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.
A new contender has entered the podcast landscape: wait, is that California Governor Gavin Newsom? His show features a surprisingly conservative guest list, including MAGA stars Steve Bannon and Charlie Kirk. Kai and Kimberly break down the fourth wall and discuss whether there’s value in platforming guests who hold a different set of values. Plus, more federal layoffs took place this past week, this time in the U.S. Department of Education and its civil rights division. Then, the hosts get smiley about rescue dogs in a sled dog race (thanks, Abigail!) and the birds in Kai’s neighborhood.Here’s everything we talked about today:“Gavin Newsom Finds Some Surprising Common Ground With Steve Bannon” from The New York Times “Massive Layoffs at the Department of Education Erode Its Civil Rights Division” by ProPublica “U.S. Department of Education Launches “End DEI” Portal” from the U.S. Department of Education “This Iditarod musher is racing with mostly rescue dogs from Alaska shelters” from Alaska Public Media Kai’s been using Merlin Bird ID from the Cornell Lab of Ornithology to identify birds in his neighborhood Meanwhile, Kimberly’s uses the Seek app to help her tell the difference between weeds and plants in her gardenGot a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Five years ago, the World Health Organization declared COVID-19 a pandemic. Since then, there have been lockdowns, a recession, two presidential elections and more than a million American lives lost from the disease. In many ways, life feels like it’s back to normal, but David Wallace-Wells, a writer for The New York Times, argues that the pandemic still has a grip on American life, from our faith in public health institutions to the way consumers feel about the economy. On the show today, Wallace-Wells walks us through how Americans neglected to process the seismic impact of the pandemic in the rush to recover from it, and how it’s left us more self-interested and less empathetic. Plus, how this can help explain disgruntled consumers and a growing appetite for risk-taking in the economy. Then, we’ll get into how responses to public health emergencies have shifted to the realm of the private sector. And, we’ll hear listeners’ reflections on the COVID-19 pandemic, five years on. Here’s everything we talked about today:“Opinion | How Covid Remade Our America, Five Years Later” from The New York Times“30 Charts That Show How Covid Changed Everything in March 2020” from The New York Times“Gyms, pets and takeout: How the pandemic has shifted daily life” from The Washington Post“It’s Not the Economy. It’s the Pandemic.” from The Atlantic“Opinion | Covid’s Deadliest Effect Took Five Years to Appear” from The New York Times“More Universities Are Choosing to Stay Neutral on the Biggest Issues” from The New York TimesGot a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
On today’s episode, Kai and Kimberly discuss the future of Biden-era clean energy tax credits under Trump 2.0. A group of GOP lawmakers want them to stay. Meanwhile, the administration is rescinding memos that pushed for climate change-resilient infrastructure. Plus, the hosts weigh in on the arrest of a Palestinian activist and Columbia University student by Immigration and Customs Enforcement agents. Is this the first arrest of “many to come?” Finally, we’ll smile as the cherry blossoms in Washington, D.C., get closer to full bloom.Here’s everything we talked about today:“Trump Says Columbia Student Arrest Is First of Many to Come” from The Wall Street Journal“House Republican support grows for keeping clean energy tax breaks” from Politico “Transportation secretary rescinds Biden memos prioritizing infrastructure resilience to climate change” from The Hill “2025 Cherry Blossom Peak Bloom Forecasts” from DC Cherry Blossom Watch Got a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
President Donald Trump’s family business is suing Capital One for closing its bank accounts in the aftermath of the Jan. 6 attack on the Capitol, arguing the bank violated consumer protection laws. Where’s the Consumer Financial Protection Bureau when ya need ’em? Then, Kimberly breaks down two moves by the White House that could have sweeping consequences for law firms who work on cases against the Trump administration. Plus, we’ll weigh in on Trump’s strategic bitcoin reserve and tariff whiplash during a game of Half Full/Half Empty! Oh, and should there be a half-time show at the 2026 World Cup final?Here’s everything we talked about today:“Trump Organization Sues Capital One for Closing Its Accounts” from The New York Times“War heroes and military firsts are among 26,000 images flagged for removal in Pentagon’s DEI purge” from AP News“Fact Sheet: President Donald J. Trump Ensures the Enforcement of Federal Rule of Civil Procedure 65(c)” from the White House“Trump directs DOJ to seek security bonds for injunctions” from Law and Crime“Trump targets prominent Democratic-linked law firm” from Politico“Your tariff questions, answered.” from the Marketplace newsletter“Why coffee shops like Dunkin’ are dropping nondairy milk fees” from Marketplace“Fed chair signals patience amid Trump’s tariff whiplash” from The Washington Post“In a first, the 2026 World Cup final will include a halftime show” from NPR“Can an A.I. Travel Bot Plan Your Trip to NYC?” from The New York TimesGot a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Donald Trump administration officials disbanded two expert committees on economic data this week and suggested altering the way the U.S. calculates gross domestic product. It’s not the first time the administration has hinted at fiddling with important numbers, and a listener wrote in to ask how all this might impact businesses and the market. We’ll break it down. Plus, why is nobody talking about the debt limit? And, congrats to Bill in Ohio on scoring a hat trick!Here’s everything we talked about today:“Trump administration disbands two expert panels on economic data” from Reuters“Can the U.S. delete government spending from GDP?” from Marketplace“Key House Republican Warns May Debt-Ceiling Breach Possible” from Bloomberg“Explainer: Why would the US government shut down?” from Reuters“A campus sign said ‘Tell us something good.’ Students delivered.” from The Washington PostJoin us tomorrow for “Economics on Tap.” The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.
On today’s episode, we’re discussing a pair of recent rulings about the Trump administration’s efforts to cut foreign aid and fire federal workers, leaving us with a “Through the Looking-Glass” moment, where the nonsensical is reality. Plus, we’ll explain some ways to catch a breath in the midst of uncertain economic times. And, we’ll smile at a math problem solved through the power of anime fans.Here’s everything we talked about today:“Supreme Court Rejects Trump’s Bid to Freeze Foreign Aid” from The New York Times“How to handle the stress of tariff escalation and stock market jitters” from The Washington Post“‘He Finally Shot the Hostage’: Trump’s Trade War Is a Brutal Reality Check” from Politico“OPM retroactively edits probationary firing guidance to note it did not order probationary firings” from Government Executive“How Anime Fans Stumbled upon a Mathematical Proof” from Scientific American“Steve Carell tells students affected by wildfires that prom tickets are paid for” from The Washington Post Got a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
The National Women’s Soccer League’s regular season kicks off next week. And thanks in part to a record-breaking media rights agreement and the growth of women’s professional sports across the board, the league is gaining more attention — and investment — than ever. Angel City Football Club became the highest-valued women’s sports team in the world last year when Willow Bay and Bob Iger acquired a controlling stake in the franchise for $250 million. Julie Uhrman, the team’s CEO and co-founder, says Angel City is just the beginning. On the show today, Uhrman explains how she and her co-founders got investors to see their vision, why a game day experience that leaves you with FOMO is key to Angel City’s growth, and how to watch the NWSL’s season. Later, how proposed funding cuts at the National Institutes of Health could leave a generational impact on the United States’ reputation as a science leader. And Adam Grant, host of the “Re:Thinking” podcast, answers the Make Me Smart question.Here’s everything we talked about today:“How Angel City became ‘the most valuable women’s sports team in the world’ with new owners” from The Athletic“Ranking new 2025 NWSL team jerseys: Which kits hit?” from ESPN“Without the Draft, NWSL Clubs Are Navigating a Changing Landscape in College Recruitment” from Sports Illustrated“NWSL announces landmark media partnerships with CBS Sports, ESPN, Prime Video and Scripps Sports” from NWSL“National Women’s Soccer League Playoffs Docuseries Gets Premiere Date At Prime Video” from DeadlineListen: Adam Grant’s interview with Sabri Ben-Achour on Marketplace Morning ReportGot a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Today, we’re talking about one of Kai’s favorite topics: bonds! The yield on the 10-year Treasury note (the benchmark for mortgages and car loans) is down sharply, which is great for consumers. But it’s happening for not necessarily great reasons. We’ll explain. Plus, why Kimberly is keeping a close eye on one of her go-to government websites. And, she’ll share tales from her trip to Venice’s famed carnival.Here’s everything we talked about today:“Key Interest Rate Falls as Worries About the Economy Rise” from The New York Times “RFK Jr. moves to eliminate public comment on HHS decisions” by STAT “RFK Jr. move to kill public comment roils providers” from Axios “AP PHOTOS: Venice Carnival opens with biodegradable streamers and an ode to Casanova” by AP News Got a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
A meeting between Ukrainian President Volodymyr Zelenskyy and U.S. President Donald Trump today dissolved into a heated argument in the Oval Office, flipping the switch of the global economic order. Kai Ryssdal and guest host Nova Safo discuss what they took away from the contentious meeting and what it might mean for American-style capitalism. Plus, we’ll shift gears and play a lively round of Half Full/Half Empty!Here’s everything we talked about today:“Trump, Vance castigate Zelensky in tense Oval Office meeting” from CNN Politics“Microsoft Will Shut Down Skype in Favor of a Free Version of Teams” from The New York Times“‘Jeopardy!’ and ‘Wheel of Fortune’ to Leap to Streaming” from The New York Times“Why are tech companies investing in quantum computing?” from Marketplace“Why some authors and publishers are nixing book blurbs” from Marketplace“Lately, the scoop on the bond market is like ice cream roulette” from Marketplace“How much impact could a 24-hour “economic blackout” have?” from MarketplaceGot a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
On today’s episode, we make you smarter by answering your pressing questions about this economy: Will cuts to the federal workforce make any difference to the unemployment rate? Also, have we all been totally oblivious to a private sector recession? (Spoiler: No!) We’ll explain. Plus, listeners sound off on smile-worthy moments from their week!Here’s everything we talked about today:“How Will Shrinking the Federal Workforce Impact the Labor Market?” from Wells Fargo “How DOGE cuts might show up in the data” by Axios “Unemployment is still low, but are private sector layoffs accelerating?” from Marketplace “Many laid-off government workers aren’t eligible for unemployment” from Marketplace “US Treasury’s Bessent vows to re-privatize an economy that is ‘brittle underneath’” by Reuters “ADP® National Employment Report” from ADP Research “Employment by industry, monthly changes” from the U.S. Bureau of Labor Statistics “Governments at all levels are hiring, and that’s boosting the job market” by Marketplace “The Federal Reserve’s favorite recession indicator is flashing a danger sign again” from CNBCJoin us tomorrow for “Economics on Tap.” The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.
Kai has been tracking news about a giant asteroid heading toward Earth. NASA says we’re safe, for now! But first, the hosts discuss troubling trends in the news business and a shift in who gets to exert control over media narratives. And, we’re keeping a close eye on growing fears over possible layoffs.Here’s everything we talked about today:“US Workers Cite Growing Layoff Fear in Philadelphia Fed Survey” from Bloomberg “White House takes control of press pool that covers Trump” by BBC “Washington Post opinion editor departs as Bezos pushes to promote ‘personal liberties and free markets’” by The Guardian “Costa Rica Is Saving Forest Ecosystems by Listening to Them” from Wired “NASA Gives ‘All Clear’ for Asteroid That Seemed to Threaten Earth” by The New York Times Got a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Today, we’re sharing the first episode of “Unlocking the Gates,” a series from Marketplace and APM Studios hosted by special correspondent Lee Hawkins. He tells the story of how the Minnesota suburb he grew up in went from being a place where the housing market was inaccessible to Black families to one where many Black families found economic opportunity. And it all started with a nighttime business deal.
A week after Apple CEO Tim Cook met with President Donald Trump, the company said today that it plans to invest $500 billion in the U.S. over the next four years. Is Apple aligning with Trump’s America First agenda? We’ll explain why Apple’s domestic investment isn’t what you may think it is. Plus, how would you respond to an email from your boss with the subject line: “What did you do last week?” And, a big thank you to Tammy from Oregon for today’s Make Me Smile moment.Here’s everything we talked about today:“Apple’s $500 Billion U.S. Investment Is Mostly Already in the Books” from The Wall Street Journal “Elon Musk Tells Federal Workers to Detail Work in an Email or Lose Their Jobs” by The New York Times “Are federal workers lazy? Let’s look at the data.” from The Washington Post “The Long Flight to Teach an Endangered Ibis Species to Migrate” from The New Yorker“The Trump administration tells agencies they could ignore Musk order on email reply” from The Washington Post (latest developments after we recorded today’s episode)Got a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
The Supreme Court on Friday chose not to intervene in a case involving President Donald Trump’s firing of an independent agency head. As the case is passed back to the lower courts, it tees up a legal battle that will test the president’s power to dismiss officials. We’ll get into what this could all mean for the Federal Reserve. And, U.S. national parks are being hit by the administration’s purge of the federal workforce. Plus, we’ll weigh in on Birkenstocks, prebiotic sodas and the “White Lotus effect” during a round of Half Full/Half Empty!Here’s everything we talked about today:“Supreme Court Declines for Now to Let Trump Fire Agency Head” from Bloomberg Post on Bluesky about national park closures“Trump administration backtracks on eliminating thousands of national parks employees” from The L.A. Times“Firings Squeeze National Parks: ‘You Won’t Have the Full Experience’” from The New York Times“Can sandals be art? Birkenstock says yes, but a German court says no” from AP News“‘Gut Pop’ Is Injecting New Fizz Into the Beverage Aisle” from The Wall Street Journal“Politics are changing how and where consumers spend” from Marketplace“The ‘White Lotus effect’ on tourism” from Marketplace“Amazon Gains Creative Control Over the James Bond Franchise” from The New York TimesGot a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Things are getting tense at the Internal Revenue Service. Layoffs are looming smack in the middle of tax season as part of DOGE’s mission to cut the federal workforce. Meanwhile, the commerce secretary says President Donald Trump wants to abolish the agency altogether. Get ready for a Kai rant! Plus, Trump wants to know if there’s still gold at Ft. Knox. No, really! And, finally, we’ll smile about all the good things that have happened to you lately.Here’s everything we talked about:“Joint Chiefs Chairman CQ Brown on list to be possibly removed by Hegseth” by ABC News“Commerce Secretary Lutnick: Trump’s goal is to abolish the IRS” from Axios“I.R.S. to Begin Laying Off Roughly 6,000 Employees on Thursday” from The New York TimesWatch: “Trump wants to know if there’s gold in Fort Knox” by AP NewsWatch: “Fmr. Treasury Secretary Steven Mnuchin on U.S. gold reserves at Fort Knox” from CNBC Television“What to know about Fort Knox’s gold depository that Musk wants audited” from Axios“A campus sign said, ‘Tell us something good.’ Students delivered.” by The Washington Post Join us tomorrow for “Economics on Tap.” The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.
A growing number of young American consumers say they’re opting out of the economy entirely or pulling back from spending at certain stores over their political views. We’ll explain how this trend could collide with other economic shifts, creating the perfect recipe for a recession. Plus, by popular demand, we unpack a recent feat of nature: beavers successfully taking on civil engineering!Here’s everything we talked about:“Kremlin Message to Trump: There’s Money to Be Made in Russia” from The New York Times “A quarter of US shoppers have dumped favorite stores over political stances” by The Guardian “NAACP calls for consumers to leverage their purchasing power as some companies pull back from DEI policies” from Marketplace “Black faith leaders call for Target boycott over DEI rollback” from The Hill “Czech Dam Project Was Stalled by Bureaucracy. Beavers Built Their Own.” from The New York Times Got a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Today we’re talking about bird flu. It’s infecting flocks of chickens, causing egg prices to rise across the country, plus herds of dairy cattle and people are getting sick too. And all of this is happening amid sweeping changes at U.S. federal health agencies. The Trump administration has ordered mass firings and limits on public communications at agencies including the Centers for Disease Control, hindering its ability to keep the public informed. On the show today,  Jessica Malaty Rivera, an epidemiologist and science communicator explains the scale of the current bird flu outbreak, how the response in the United States has been disrupted by chaos in the federal government, and why state health systems may struggle to fill the gaps after years of underfunding. Plus, for one listener, doing something is better than nothing. And, another listener shares how they changed their mind about the value of government work.Here’s everything we talked about today:“Urgent CDC Data and Analyses on Influenza and Bird Flu Go Missing as Outbreaks Escalate” from KFF Health News“Mass firings at HHS: Thousands impacted across federal health agencies including CMS, FDA” from Fierce Healthcare“RFK Jr. confirmed, elevating anti-vaccine activist to nation’s top health post” from The Washington Post“How Trump’s Medical Research Cuts Would Hit Colleges and Hospitals in Every State” from The New York Times“The U.S. and the WHO: An Imperfect but Essential Relationship” from Johns HopkinsWhat’s something you thought you knew but later found out you were wrong about? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Associated Press journalists have been blocked from accessing spaces like the Oval Office after the organization opted not to use the term “Gulf of America.” We’ll unpack the conundrum this creates for other news outlets covering the White House. And, while the GOP eyes spending cuts to key social safety net programs, some Republican representatives are feeling pressure from their constituents. We’ll get into it. Plus, a penny for your thoughts on getting rid of the penny. We’ll weigh in during a round of Half Full/Half Empty!Here’s everything we talked about today:“Hagan Scotten, Adams’s Lead Prosecutor, Quits Defiantly” from The New York Times“Republicans rush to soften Trump’s cuts” from Politico“Vulnerable Republican fires warning shot on House budget” from Politico“Seeking a Mar-a-Lago Vibe, Trump Considers Paving Over Grass in Rose Garden” from The New York Times“White House Will Continue to Bar Associated Press in Gulf of Mexico Fight” from The New York Times“Opinion | ‘Gulf of America’ leads to AP removal from Trump White House events” from The Washington Post“This Is How Much the Average Couple Spends on Valentine’s Day” from U.S. News“Apple and Google Restore TikTok to App Stores in the U.S.” from The New York Times“Americans are turning to social media for financial advice” from Marketplace“So, This 2000s Denim Trend Is About to Blow Up for Spring 2025” from InStyle“What Trump’s Plan to Stop Minting Pennies Means for Consumers” from The Wall Street JournalGot a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Elon Musk and his DOGE team have been inside the pipes of the federal government on a mission to cut government spending and root out waste. We know government waste exists. But today, we’ll explain the problem with the way DOGE is going about it. Plus, blue state Republicans and their newfound power! And, stick around for your daily dose of positive news: We’ll hear about some of the good things that have been happening to “Make Me Smart” listeners. (Keep ‘em coming!)Here’s everything we talked about:Watch: Watch live: House DOGE subcommittee holds first hearing on federal spending on YouTube “DOGE fight: New subcommittee holds its first House hearing” by Roll Call “The Government Waste DOGE Should Be Cutting” from The Atlantic Improper Payments and Fraud: How They Are Related but Different from the Government Accountability OfficeWatch: Happening Now: Powell Testifies Before Senate Banking Committee on YouTube “What does having the Consumer Financial Protection Bureau on hold mean for consumers?” from AP News “How blue state Republicans could shape Congressional legislation this year” by Marketplace Got a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Throughout the 2024 election campaign, voters kept saying the economy felt bad, even though it looked good on paper. A new report blames that disconnect on the way the government measures the economy — sending economic circles abuzz! We’ll explain what the tizzy is all about. Plus, is the Senate confirmation process for federal officials still useful? And, we’ll smile about the adorableness that is the 149th Westminster Kennel Club Dog Show.Here’s everything we talked about today:“Voters Were Right About the Economy. The Data Was Wrong.” from Politico Article 2 Section 2 Clause 2 | Constitution Annotated from the Library of Congress “Tulsi Gabbard confirmed by Senate as director of national intelligence” from The Washington Post “Best of 2025 Masters Agility Championships from Westminster Kennel Club” from Fox Sports “In pictures: The 149th Westminster Kennel Club Dog Show” from CNN “A Spa Day for Louis Before the Westminster Dog Show” from The New York Times“Westminster 2025 Preview: Why Can’t Golden Retrievers Win Best in Show?” from The New York Times Got a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
If President Donald Trump goes through with his plan to levy sweeping tariffs on foreign imports, it wouldn’t be the first time the U.S. has done such a thing. Ever heard of the Smoot-Hawley Tariff Act of 1930? Anyone? Those tariffs are widely credited with sinking the United States deeper into the Great Depression. And although global trade looks different nowadays, they can teach us a lot about how Trump’s protectionist approach to global trade could play out. On the show today, Inu Manak, a fellow for trade policy at the Council on Foreign Relations, explains how the Smoot-Hawley tariff debacle can shed light on the current moment, why the president has the power to wield tariffs in the first place, and how punishing trading partners could leave the U.S. economy at a disadvantage. Plus, what this fight has to do with the 1980s film “Ferris Bueller’s Day Off” and Roomba vacuum cleaners! Later, one listener’s call to visit your local butcher. And, dating coach Damona Hoffman, host of the “Dates and Mates” podcast, answers the “Make Me Smart” question just in time for Valentine’s Day.Here’s everything we talked about today:“Tariffs on Trading Partners: Can the President Actually Do That?” from Council on Foreign Relations“One Response to Trump’s Tariffs: Trade That Excludes the U.S.” from The New York Times“The United States has been disengaging from the global economy” from the Peterson Institute for International Economics“Protectionism 100 years ago helped ignite a world war. Could it happen again?” from The Washington Post“The US is one of the least trade-oriented countries in the world – despite laying the groundwork for today’s globalized system” from The ConversationGot a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
President Donald Trump’s recent steps to remove federal employees is drawing comparisons to government purges during the Red Scare of the 1950s. What’s at stake when government workers are pushed out? We’ll break it down. Plus, we’ll explain why a ruling in one of the lawsuits over Trump’s funding freeze is a biggie. Finally, tell us something good that happened to you lately!Here’s everything we talked about today:“Judge Rules That Trump Administration Defied Order to Unfreeze Billions in Federal Grants” from The New York Times “Trump Eases Enforcement of Law Banning Overseas Bribes” by Bloomberg “What Happened the Last Time a President Purged the Bureaucracy” from Politico “CBS News poll — Trump has positive approval amid ‘energetic’ opening weeks; seen as doing what he promised” by CBS News “Second pig kidney transplant successfully completed at Massachusetts General Hospital” from WCVB Channel 5 “Experimental transplants with organs from gene-edited pigs see major steps forward” from CNN “A campus sign said ‘Tell us something good.’ Students delivered.” by The Washington Post Tell us something good that happened to you recently! Email us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
President Donald Trump has fired dozens of government officials since he took office. The latest is the chair of the Federal Election Commission. But is any of this legal? We’ll get into it. Plus: A “Make Me Smart” alum shares the trauma of losing his home in the Los Angeles fires. Finally, we’ll wrap with a dose of uplifting news (thanks to you!) and a round of our favorite game, Half Full/Half Empty!Here’s everything we talked about today:“Democratic FEC Chair Ellen Weintraub says Trump fired her. She says it’s not  legal.” from CBS News “Trump Illegally Attempts to Fire Federal Election Commission Chair Ellen Weintraub” from Campaign Legal Center “How to Watch All the 2025 Oscar Nominated Short Films” by Town & Country magazine “2025 Trans Girl Scouts To Order Cookies From!” by Erin in the Morning “The Trauma of Losing Your Home in the Eaton Fire” from The New York Times “A Los Angeles-area developer gives advice on rebuilding after the fires” from Marketplace Got a question or comment for the hosts? Email us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Elon Musk and the rest of the DOGE gang have been inside the guts of the federal government attempting to shut down agencies and gain access to the Treasury Department’s main payment system. We’ll discuss the constitutionality of it all and why some members of Congress may be reluctant to say it like it is. Plus, the toy business is paying attention to prices as Trump threatens trade war. And, AI is making a splash at the 2025 Super Bowl.Here’s everything we talked about today:Watch: “Rep. Khanna: If Elon Musk finds fraud or wasteful spending, come to Congress and force a vote on it” by CNBC Television “Is the way Trump and Musk are running the economy even legal?” by Marketplace “Trump admin agrees to limit DOGE access to Treasury payments system” from Axios “Musk DOGE agents access sensitive personnel data, alarming officials” by The Washington Post “U.S. nonprofits still reeling from federal funding freeze” from Marketplace 2024 Q4 Earnings Call from Alphabet Investor Relations “Mattel may hike prices for Barbie, Hot Wheels and other toys after Trump tariffs” by CBS News “Fast fashion, laptops and toys are likely to cost more due to US tariffs on Chinese imports” from AP NewsWatch: Act Like You Know :60 | GoDaddy Super Bowl Commercial 2025 on YouTube “Super Bowl to feature AI product ads from Big Tech” from Marketplace Join us tomorrow for “Economics on Tap.” The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.
Is Elon Musk’s control of government offices as an unelected official a coup? Lots of people seem to think so. We’ll explain why. Plus, another potential government shutdown is looming and it may work in Democrats’ favor. And, one surprisingly effective (and protein-rich) way food insecurity in Pennsylvania is being addressed.Here’s everything we talked about today:“What the Black Hawk Pilots Could See, Just Before the Crash” by The New York Times “Shutdown fears grow as Trump battles multiply” by The Hill “‘We would call it a coup’: Watchdogs and Dems attack Elon Musk Treasury Department takeover” from USA Today “The ‘Rapid Unscheduled Disassembly’ of the United States Government” by The Atlantic “Elon Musk’s Power Grab Is Lawless, Dangerous, and—Yes—a Coup” from Slate “The Guardian view on Donald Trump’s power grab: a coup veiled by chaos” by The Guardian “Processing Deer to Eliminate Food Insecurity” by the Daily Yonder Got a question or comment for us? Leave us a voicemail at 508-U-B-SMART.
It’s hard to overstate the role immigrant workers play in the U.S. economy. Key industries rely on them — nearly half of meat-processing jobs, for instance, are held by immigrants. And many work in low-wage jobs that are vulnerable to exploitation. Ted Genoways, a reporter with the Food and Environment Reporting Network, said Trump’s promises of mass deportations is creating fear and uncertainty for immigrant workers, both authorized and unauthorized, as well as for the massive food companies that employ them. “If history is any guide, this will probably mean increased food prices, if only for companies trying to hedge against the possibility of something disastrous happening,” said Genoways. On today’s show, Genoways gives us a snapshot of the low-wage immigrant workforce’s role in our economy and unpacks how Trump’s deportation plans could disrupt America’s food supply. Plus, why aren’t food companies held accountable for exploiting their employees? And, we’ll get into what restrictions on the U.S. Agency for International Development could mean for Cuba. Plus, would you trust Kai with the aux?Here’s everything we talked about today:“This Week’s Episode of Reveal: Immigrants on the Line” from Mother JonesOpinion | “How Trump’s Deportation Plans Could Blow Up the Food System and Increase Migrant Labor” from Politico“Brooke Rollins, Trump’s Agriculture Pick, Addresses Tariff and Immigration Impact on Farmers” from The New York Times“How Trump’s plan to deport undocumented immigrants threatens the workforce for U.S. farm workforce” from CBS News“Trump’s Pause of U.S. Foreign Assistance to Latin America: An ‘America Last’ Policy” from WOLA“US secretly created ‘Cuban Twitter’ to stir unrest and undermine government” from The Guardian“Chappell Roan wins best new artist at the 2025 Grammy Awards” from AP NewsGot a question or comment for us? Leave us a voicemail at 508-U-B-SMART.
Kimberly’s back from Cuba just in time to discuss the onslaught of President Donald Trump’s executive actions, from tariffs to his federal funding freeze. Lawsuits are being filed left and right against the administration’s moves, but will the Supreme Court still serve as a check on the executive branch? Plus, Kimberly unpacks lasting reflections on Cuba’s contradictions as a country with strong social services like universal education yet acute wage disparities.Here’s everything we talked about today:“Trump’s Driving Legal Principle This Time: ‘What Are You Gonna Do About It?’” by Rolling Stone “Trump is using a nearly 50-year-old law to justify new tariffs. It may not be legal.” from Politico “Will the Supreme Court rule that any laws still apply to Donald Trump?” from Vox “Egypt to Cover Tuition Costs for 1,077 Students After Suspension of USAID Scholarship Programs” by Egyptian Streets Got a question or comment for us? Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
This week, Mark Zuckerberg’s Meta sent out a memo warning employees against leaking confidential company information … only for that memo to be leaked! Guest host Meghan McCarty Carino explains how it’s connected to the culture wars playing out between tech leaders and rank-and-file workers in Silicon Valley. And, we’ll get into how President Donald Trump is testing the legal limits of his office by firing certain federal officials. Plus, we’ll weigh in on cozy video games and Punxsutawney Phil during a round of Half Full/Half Empty!Here’s everything we talked about today:“Trump’s Firings Could Bring Court Cases That Expand His Power” from The New York Times“Meta warns that it will fire leakers in leaked memo” from The Verge“Mark Zuckerberg whined about leaks at Meta as company promised firings. It took minutes for the threat to leak out” from The Independent“Silicon Valley Tech Workers Quietly Protest Their Bosses’ Embrace of Trump” from The New York Times“New research backs up what gamers have thought for years: cozy video games can be an antidote to stress and anxiety.” from Reuters“What is Groundhog Day?” from The Punxsutawney Groundhog Club“Starbucks reverses its open-door policy, requiring people to make a purchase if they want to stay” from CBS News“Like Any Millennial, Yahoo Wants to Be Seen As Cool Again” from Business Insider“Try ‘Phone Free February’ to reduce screen time, improve your health” from The Washington PostWe love to hear from you. Email us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
On the show today, we check in with Kimberly to hear more about her adventures in Cuba, a country that’s back in the news thanks to President Donald Trump’s commitment to establish a massive migrant detention facility at Guantánamo Bay. We’ll explain how Trump’s promised crackdown on immigration could affect the Cuban economy. Plus, more on how Cubans have managed to make do under a strict U.S. trade embargo, from dealing with medicine shortages to navigating a pandemic without Zoom.Here’s everything we talked about today: “Trump Says U.S. Will Hold Migrants at Guantánamo Bay” from The New York Times​​“Timeline: U.S.-Cuba Relations” from the Council on Foreign Relations“Trump moves to end refugee resettlement and parole for Cubans, Haitians and Venezuelans” from The Miami HeraldJoin us tomorrow for “Economics on Tap.” The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.
Today, we’re diving into a listener’s question about the new artificial intelligence chatbot on the scene. Chinese start-up DeepSeek’s AI model is said to be more cost-effective, less complex, and in some ways, just plain better than OpenAI’s ChatGPT. We’ll explain why the stock market’s freaking out and what it means for the U.S.-China AI race. Plus, we’ll share a story about a historic test flight that’ll have aviation nerds smiling. And the iconic “When Harry Met Sally” diner scene is recreated 35 years later. IYKYK.Here’s everything we talked about today:“How DeepSeek Went From Stock Trader to A.I. Star” from The New York Times “Chevron Wants to Tap Into A.I. Boom by Selling Electricity to Data Centers” from The New York Times “DeepSeek’s AI Model Just Upended the White-Hot US Power Market” from  Bloomberg “DOE Releases New Report Evaluating Increase in Electricity Demand from Data Centers” from the Department of Energy “China’s DeepSeek Ends the Party for U.S. Energy Stocks” from Heatmap News“Billy Crystal and Meg Ryan Return as Harry and Sally in Hellmann’s Super Bowl Spot” from The Hollywood ReporterVideo: “Boom Supersonic XB-1 jet breaks sound barrier on historic test flight” from Space Got a question or comment for us? Leave us a voicemail at 508-U-B-SMART.
Today we’re handing the mic over to the team behind “Burning Questions” from Marketplace’s climate solutions podcast “How We Survive” as they survey the devastation on the ground in the Pacific Palisades, and dig into the homeowners insurance crisis. Since the Los Angeles fires broke out, thousands have lost their homes and current estimates say insured losses may exceed $30 billion. The disaster has raised existential questions about the future of the insurance industry and its potential impact on the housing market. Host Amy Scott talks with Carolyn Kousky from the Environmental Defense Fund to find answers.
On today’s episode, Kimberly takes us along her trip to Cuba, a country that remains under strict U.S. economic sanctions. She’ll explains some unique aspects of the Cuban economy, from how the currency works to the island’s complicated complicated past as a colonial outpost for sugar plantations. Plus, what makes the Cuban mojito special.Here’s everything we talked about today:“Cuba predicts 1% growth in 2025 after dismal year, economy minister says” from Reuters “How U.S. sanctions and a Communist government caused Cuba’s power crisis” from NPR “Biden’s move to remove Cuba from terror list continues ‘yo-yo’ policy likely to be reversed by Trump” from The Conversation “How Cuba’s sugar industry has been ground into dust” from Al Jazeera Got a question or comment for us? Leave us a voicemail at 508-U-B-SMART.
Purdue Pharma’s owners in the Sackler family have agreed to a new $6.5 billion settlement to lawsuits over their role in the U.S. opioid crisis. This comes after a previous deal was rejected by the Supreme Court last year. We’ll break down the details of the settlement and what could come next. And, the U.S. housing market is the slowest it’s been in 30 years, but prices aren’t coming down. What gives? Plus, we’ll play a round of Half Full/Half Empty!Here’s everything we talked about today:“Existing-Home Sales in 2024 Were Slowest in Decades Amid High Mortgage Rates” from The New York Times“United States Housing Market & Prices” from Redfin“Purdue Pharma’s Sacklers Agree to New $6.5 Billion Deal for Opioid Lawsuits” from The Wall Street“Supreme Court Jeopardizes Opioid Deal, Rejecting Protections for Sacklers” from The New York Times“Is there a market for luxury EVs? GM thinks so.” from Marketplace“This 24-hour diner helps New Yorkers make it through the night” from Marketplace“The American workweek is shrinking” from Marketplace“‘Lost’ Tina Turner track to be released 2 years after queen of rock ‘n’ roll’s death” from USA Today“UK’s 20mph speed limits ‘are cutting car insurance costs’” from The GuardianWe love to hear from you. Email us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
During his first week back in office, President Donald Trump signed several executive orders targeting immigrant communities. We’ll hear how migrant workers are responding. Then, Kimberly explains the fiasco over Trump’s plan to “drill, baby, drill.” Plus, an economics professor shares a 1940s movie pick that’s on point for today’s debate on tariffs.Here’s everything we talked about today: “Central Valley farmworkers scared to show up to work over deportation fear” from NBC“Farmer ties immigration to food security, strong exports” from Marketplace“Rush for preterm babies to beat birthright citizenship deadline” from the Times of India“ICE Watch Programs Can Protect Immigrants in Your Neighborhood — Here’s What to Know” from Teen Vogue“Trump clarifies executive order restricting IRA-related funding” from Marketplace“White House says order pausing IRA disbursements only applies to some programs” from Reuters“As LA blazes rage, even firefighters turn to Watch Duty” from Marketplace from YouTubeWATCH: “Life With Father” | Elizabeth Taylor, William Powell, Irene Dunne | Classic Drama Comedy from YouTubeJoin Amy and Nova tomorrow for “Economics on Tap.” The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.
President Donald Trump drew scrutiny after he and First Lady Melania Trump launched namesake meme coins ahead of his inauguration, triggering a speculative boom and bust. But one exchange-traded fund firm wants to take the meme coins mainstream. We’ll get into the potential risks of incorporating volatile crypto tokens like these into traditional financial markets. And, a public service announcement: It’s OK to take a break from the news. Plus, guest host Matt Levin tells us about a new potential water source for the thirsty American West.Here’s everything we talked about today:“Trump Memecoin Frenzy Spawns ETF Bid in Test of SEC Boundaries” from Bloomberg“Sign up for The Logoff newsletter” from Vox“Scientists just found 21 trillion gallons of water north of the Calif. border” from SF Gate“Musk undercuts Trump on Stargate AI investment announcement” from CNBCWe love to hear from you. Email us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
In his inaugural address, President Donald Trump said he wanted to end chronic illnesses. The promise is part of the Make America Healthy Again campaign pushed by Robert F. Kennedy Jr., who Trump picked to lead the Department of Health and Human Services. It’s a powerful slogan. But experts warn that some of RFK Jr.’s proposals are based on conspiracy theories and false information instead of actions that could actually improve Americans’ health, like backing targeted reforms in the food industry. On the show today, Jessica Knurick, a registered dietitian who decodes nutrition and public health misinformation, joins the show to discuss the business of food, what processed foods actually are, how our food supply became full of them, and why chronic disease disproportionately impacts low-income communities. Plus, the policy solutions she would propose to improve Americans’ health. Later, as the LA fires continue to burn, listeners share how they’re thinking about climate risk in their neck of the woods. Plus, a sober health journalist changes her mind about Dry January.Here’s everything we talked about today:“RFK Jr. faces battles in quest to change America’s food” from The Washington Post“What Is MAHA?” from New York magazine“How RFK Jr.’s Pledge To Make America Eat Healthier Clashes With Trump” from Forbes“A Dietitian’s Guide to the ‘Make America Healthy Again’ Movement” from Public Health Dad“Junk food turns public villain as power shifts in Washington” from CBS NewsWe want to hear your answer to the Make Me Smart question. Leave us a voicemail at 508-U-B-SMART or email us at makemesmart@marketplace.org.
Republicans in Congress want to extend several provisions from the Tax Cuts and Jobs Act, passed during President-elect Donald Trump’s first term, that are set to expire at the end of this year. But they’re expected to be costly — very costly. We’ll unpack the spending cuts the House GOP is eyeing to offset the impact on federal deficits. And, we’ll get into why Paramount is considering settling Trump’s lawsuit over CBS’ interview with Kamala Harris. Plus, we’ll weigh in on the business trends that are in and out for 2025.Here’s everything we talked about today:“CBS Owner Discusses Settling Trump Suit, With Merger Review on Tap” from The Wall Street Journal“House Budget Republicans eye more than 200 spending cuts, tax changes for major bill” from The HillWays and Means memo from the House Budget CommitteeBluesky thread from Sen. Ron Wyden“Will 2025 Be the Watershed Year for Return-to-Office Mandates? That Depends.” from The Wall Street Journal“TikTok Influencers React to a Potential Ban” from The New York Times“Every Movie Sequel Releasing In 2024” from Screen Rant“Beyoncé’s Whisky, Kylie Jenner’s Canned Vodka Soda, Plus More Stars in the Alcohol Business” from People“Tesla stock jumps amid speculation Musk could buy TikTok” from Yahoo FinanceWe love to hear from you. Email us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Many TikTok users are joining apps such as RedNote and Lemon8 in anticipation of a TikTok ban in the United States. The problem? They’re also Chinese-owned. We’ll get into how this could turn into a headache for Congress. Then, we’ll unpack Defense Secretary nominee Pete Hegseth’s climate change comments at his confirmation hearing and how people experiencing homelessness in Los Angeles are being impacted by the current fires in a unique way. Plus, a farewell hallucinogenic mushroom story from outgoing Treasury Secretary Janet Yellen.Here’s everything we talked about today:“Some of the possible alternatives to TikTok have their own problems” from Marketplace“Trump considers executive order hoping to ‘save TikTok’ from ban or sale in U.S. law” from The Washington Post“With TikTok ban looming, ByteDance has a backup plan” from Marketplace“Where Gaetz and Hegseth stand on climate change” from Politico“The Changing Threat” from Marketplace’s “How We Survive”“As thousands flee LA fires, disaster poses unique challenges for the unhoused” from Marketplace“How the LA fires could exacerbate California’s homelessness crisis” from CalMatters“‘It Was Ok” – Sec. Janet Yellen On Trying Marijuana For The First Time” from “The Late Show with Stephen Colbert”Join us tomorrow for “Economics on Tap.” The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.
President Biden today announced a hostage and ceasefire deal between Israel and Hamas aimed at ending the war in Gaza. This comes as Biden is making a string of policy decisions to make it harder for the incoming administration to undo his legacy. We’ll explain. And, when the world feels like too much, how do we cope? Plus, a touching photo essay that zooms in on the work of hospice nurses makes us smile.Here’s everything we talked about today:“Israel and Hamas agree to Gaza ceasefire deal, senior U.S. official says: Live updates” from The Washington Post“Biden Races to Cement His Legacy Through a Series of Actions” from The New York Times“Introduction: ‘Those Who Have Made Death Their Life'” from The Daily Yonder“Justice Alito Asks If You Can Read Pornhub for the Articles” from The Cut“We Asked the Math Tutor Who Posts His Lessons on Pornhub: Why?” from ViceWe love to hear from you. Email us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
The Los Angeles fires are a warning to all of us. Over the past week, lives, homes, businesses and entire communities have been lost in what’s expected to be among the nation’s costliest disasters ever. But with more than one-third of the U.S. population living in counties with high wildfire risk, this begs the question: Should lots of people relocate? Crystal Kolden, director of the Fire Resilience Center at the University of California at Merced and a former wildland firefighter, said abandoning these places isn’t the only option. On the show today, Kolden explains why the L.A. fires have been so tough to put out, why wildfires are different from other natural disasters like hurricanes and floods, and how devastated communities can rebuild in a way that makes them more resilient to future fires.Later, a listener shares a teamwork approach to cleaning up after a house party. And, Brad Stulberg, author of “Master of Change,” was wrong about how to find motivation.Here’s everything we talked about today:“L.A. Fires Show Limits of America’s Efforts to Cope With Climate Change” from The New York Times“Column: Recovery will be tempered by hard decisions and, if we aren’t careful, inequality” from The L.A. Times“Palisades and other Southern California fires could be most expensive in US history” from LAist“More People Are Living in the Riskiest Wildfire Zones” from Bloomberg“‘Zone Zero’ Mandates Near Completion for High Wildfire Risk Areas” from the Sierra Club“‘Conditions’ should be placed on California wildfire aid: House Speaker Mike Johnson” from USA TodayWe want to hear your answer to the Make Me Smart question. Leave us a voicemail at 508-U-B-SMART or email us at makemesmart@marketplace.org.
As wildfires continue to burn in Los Angeles, some wealthy residents are shelling out thousands each day to hire private firefighters to protect their homes and businesses. But some argue that the market for these private crews diminishes public firefighting resources. We’ll get into it. And, renowned science fiction author Octavia Butler predicted many of our modern problems, including catastrophic wildfires. We’ll explain how looking to the past helped her write about the future. Plus, Kimberly gives us some advice for throwing better parties in 2025.Here’s everything we talked about today:“‘Will Pay Any Amount’: Private Firefighters Are in Demand in L.A.” from The New York Times“I Will Pay Any Amount to Not Pay My Taxes” from McSweeney’s Internet Tendency“N.K. Jemisin on the prescience and brilliance of Parable of the Sower” from New Scientist“A Few Rules For Predicting The Future by Octavia E. Butler” from Common Good Collective“The LA Fires Aren’t a Surprise If You Study History and Climate Change. So Now What?” from Teen Vogue“Americans Need to Party More” from The Atlantic“Here’s how single women are successfully navigating an otherwise brutal market for first-time homebuyers” from Business InsiderWe love to hear from you. Email us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Hey smarties! We’re on a break for the holidays and revisiting some of our top episodes from 2024. We can’t do this show without you and we still need your support. If you can, donate today to keep independent journalism going strong into 2025 and beyond. Give now to support “Make Me Smart.” Thank you so much for your generosity, happy holidays and we’ll see you in the new year.Anime seems to be just about everywhere these days: film, music videos, the NFL and big streaming services like Netflix and Hulu. “Anime is colossal. In terms of raw revenue, anime and the NLF are tied at about $20 billion in [annual global] revenue,” said Chris Plante, editor in chief and co-founder of Polygon at Vox Media. “When you think of anime, it can be seen as niche, but the reality is that couldn’t be further from the truth.” On the show today, Plante explains anime economics, what’s behind the rise of anime in the United States and some of the problematic aspects of the medium. Later, we’ll discuss how climate change is impacting cherry blossom season and why the commercial real estate crisis could be a big problem for regional banks. Later, one listener calls in on a landline about landlines. And, this week’s answer to the Make Me Smart question comes from a digital illustrator based in Long Beach, California. Here’s everything we talked about today:“Who watches anime? Polygon surveyed more than 4,000 people to find out” from Polygon“Anime Market to Reach USD 62.7 Billion by 2032” from Yahoo Finance“Anime Is Booming. So Why Are Animators Living in Poverty?” from The New York Times“Sony Jacks Up Prices for Crunchyroll and Kills Funimation” from Gizmodo“From Niche To Mainstream: The Unstoppable Global Popularity Of Anime And How It Happened” from BuzzFeed“Streaming and covid-19 have entrenched anime’s global popularity” from The Economist“Naruto Movie in the Works With Destin Daniel Cretton” from The Hollywood Reporter“Cherry blossom forecast: We predict peak bloom in D.C. around March 21” from The Washington Post“Early jacaranda bloom sparks debate about climate change in Mexico” from Reuters“Commercial Real Estate Market Plunge Has Lenders Facing a Brutal Reality” from Bloomberg“Comic: Tienes economic anxiety? Artist Julio Salgado reflects on changes in creative industries” from the Los Angeles Times Are you a fan of anime? Tell us about your favorite anime series! Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
Hey smarties! We’re on a break for the holidays and revisiting some of our top episodes from 2024. We can’t do this show without you and we still need your support. If you can, donate today to keep independent journalism going strong into 2025 and beyond. Give now to support “Make Me Smart.” Thank you so much for your generosity, happy holidays and we’ll see you in the new year.In case you haven’t heard, the Summer Olympics aren’t over! This year’s Paralympics kick off in Paris on Aug. 28. It’s the first time all 22 Paralympic events will be aired live, and total broadcast revenues are up by more than 20% from the delayed 2020 Paralympics. Chuck Aoki, an American Paralympic wheelchair rugby player, said content creators like himself are also bringing eyes to the event. On the show today, Aoki breaks down the basics of wheelchair rugby (aka “murderball”), the system that classifies para athletes based on their disability, and why this year’s Paralympics are getting more buzz than ever.Then, we’ll get into how pharmaceutical companies’ new direct-to-consumer programs could impact drug prices. And, listeners tell us about the trafficless 1984 Olympics in Los Angeles, and a lesson in credit cards learned the hard, heartbreaking way.Here’s everything we talked about today:“Passion And Guts: Chuck Aoki’s World of Wheelchair Rugby” from Team USA“Paralympic Games in Paris set to reach largest audience after broadcast deals” from The Guardian“What sports are in the Paralympics and how does the classification system work?” from AP News“How to Watch the 2024 Summer Paralympics: Streaming Schedule, Free Options” from Wired“Pfizer Follows Lilly With Website Selling Directly to Patients” from Bloomberg“Eli Lilly lowering weight loss drug prices” from The Hill“Health Insurance Costs Will Rise Steeply if Premium Tax Credit Improvements Expire” from the Center on Budget and Policy Priorities“How Much and Why ACA Marketplace Premiums Are Going Up in 2025” from KFF“Pfizer launches new website for migraine, respiratory offerings” from Reuters“Panama Canal Eases Limits That Caused Global Shipping Bottleneck” from BloombergWe want to hear your answer to the Make Me Smart question. Leave us a voicemail at 508-U-B-SMART or email us at makemesmart@marketplace.org.
Hey smarties! We’re on a break for the holidays and revisiting some of our top episodes from 2024. We can’t do this show without you and we still need your support. If you can, donate today to keep independent journalism going strong into 2025 and beyond. Give now to support “Make Me Smart.” Thank you so much for your generosity, happy holidays and we’ll see you in the new year.Today we’re talking about food. Specifically, Big Food. In his book, “Barons: Money, Power, and the Corruption of America’s Food Industry,” Austin Frerick, agricultural and antitrust policy fellow at Yale, argues the food system is the most consolidated sector in the United States. On the show today, Frerick explains how the American food system became so concentrated, how that’s inflated prices and eroded quality, and what we should do about it. Plus, Walmart’s role as king of grocery kings. Then, we’ll get into why Boeing can’t keep up with SpaceX. And, an expert on youth mental health (and former guest on “Make Me Smart”) was wrong about how teens curate their social media feeds. Here’s everything else we talked about today:“Lax Antitrust Enforcement Imperils The Nation’s Supply Chains” from Forbes“What Is “Big Ag,” and Why Should You Be Worried About Them?” from Union of Concerned Scientists“The problem with growing corporate concentration and power in the global food system” from Nature Food“Major retailers are offering summer deals to entice inflation-weary shoppers” from AP News“US Consumer Confidence Rises for First Time in Four Months” from Bloomberg“Inflation now means high prices, not just rising costs” from Axios“What do Americans think about inflation?” from The Brookings Institution“Boeing Prepared to Fly Crewed Space Taxi With Helium Leak” from BloombergWe love to hear from you. Send your questions and comments to makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Hey Smarties! We’re on a break for the holidays and revisiting some of our top episodes from 2024. We can’t do this show without you and we still need your support. If you can, donate today to keep independent journalism going strong into 2025 and beyond. Give now to support “Make Me Smart.” Thank you so much for your generosity, happy holidays and we’ll see you in the new year.If you’ve been feeling hopeless about the news, the election, the economy, the climate crisis and everything else that’s going on, today’s episode is for you. Emily Amick, lawyer and co-author of “Democracy in Retrograde: How to Make Changes Big and Small in Our Country and in Our Lives,” argues we can all become better participants in our democracy. And we don’t need to have a gazillion dollars to do it. On the show today, Amick explains why we should treat civic engagement as self-care, how to find your civic personality and ways to cultivate a news diet that doesn’t put you in a doom loop. Plus, the moment she realized our democracy was headed in the wrong direction. Then, we’ll get into how voters in Utah fought to protect the power of citizen-led ballot initiatives and why shoppers hide purchases from their romantic partners. Plus, an anime cosplayer was wrong about what it would take to create her own costume. Here’s everything we talked about today:“Despite Recent Setbacks, There Is Still Hope For Democracy” from Forbes“In ‘Democracy in Retrograde,’ Emily Amick Talks About Political Engagement and Her Cancer Diagnosis” from Teen Vogue“What does Utah’s redistricting ruling do to voters’ ability to change laws?” from The Salt Lake Tribune“Utah Supreme Court: Lawmakers must heed voter-passed gerrymandering reforms “ from Axios Salt Lake City“Amazon’s Prime Day a ‘major’ cause of worker injuries, Senate probe finds” from CNBC“US Retail Sales Excluding Autos Rise by Most in Three Months” from Bloomberg“Gym Bags, Trunks, Back Doors: How Stealth Shoppers Hide Purchases” from The Wall Street Journal“Financial Infidelity Report 2023: Why People Hide Purchases From Partners” from Circuit“Inside a UPS warehouse that prioritizes super-fast shipping” from MarketplaceHow are you getting involved in civic life? What helps you fend off feelings of hopelessness? Let us know at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
For our final episode of 2024, we’re throwing a holiday party with music, festive hats, drinks and a game. But we can’t forget about the news. The incoming Donald Trump administration is looking into the feasibility of eliminating the Federal Deposit Insurance Corp. We’ll get into it. And, we’ll unpack the public rage over the United States healthcare system that dominated the news this week. Plus, how much do our hosts remember about the biggest business headlines of the year?Here’s everything we talked about today:“Trump Advisers Seek to Shrink or Eliminate Bank Regulators” from The Wall Street JournalOpinion | “UnitedHealth Group C.E.O.: Brian Thompson Was Never Content With the Status Quo” from The New York Times“UnitedHealth Limits Access to Key Treatment for Kids With Autism” from ProPublica“Boeing’s year of turbulence in five charts” from Reuters“Why TikTok Faces a U.S. Ban, and What’s Next?” from The New York Times“CrowdStrike outage: We finally know what caused it – and how much it cost” from CNN Business“SpaceX Polaris Dawn astronauts perform historic 1st private spacewalk in orbit” from Space“US ties China in Paris Olympics gold medal count after Americans’ women’s hoops win” from AP NewsWe’ll be back with new episodes in 2025! In the meantime, you can email us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
A group of lawmakers have introduced legislation that would break up health care conglomerates, aiming to rein in the power of pharmacy benefit managers. We’ll explain what PBMs do and why all sides of the health care industry are pointing fingers at one another over high costs. And, we’ll get into how the future of the Trump-era tax cuts could impact the federal deficit and why General Motors is ditching its robotaxi business. Plus, now’s your chance to talk with an AI Santa Claus.Here’s everything we talked about today:“Yellen Talks Russia Sanctions, Tariffs and Deficit” from Bloomberg via YouTube“Yellen says Trump’s tariffs could derail US inflation progress, raise costs” from Reuters“Senators Warren and Hawley introduce a bipartisan bill to break up pharmacy-benefit managers” from CNBC via YouTube“Elizabeth Warren, Josh Hawley Co-Sponsor Bill to Break Up Giant Health Care Conglomerates” from The New York Times“What is a pharmacy benefit manager, anyway?” from Marketplace“GM to stop funding troubled Cruise autonomous vehicle unit, abandoning robotaxis” from CBS San Francisco“GM to Shut Down Its Cruise Robotaxi Project” from The New York Times“OpenAI introduces ‘Santa Mode’ to ChatGPT for ho-ho-ho voice chats” from Ars TechnicaTomorrow is our last episode of the year! Join us for our annual holiday party on “Economics on Tap.” The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.
Some states are trying to lure companies seeking to move their headquarters by offering a slew of financial perks. We’ll explain how these big relocations can impact local economies and the businesses themselves. And, the House of Representatives passed a defense bill that would restrict transgender medical care for children covered by the military’s health program. We’ll unpack how federal funding for health care can be used as a powerful political tool. Plus, do you dread winter? We’ll get into some tips for embracing the season.Here’s everything we talked about today:“Transgender Provision Injects Tension Into Defense Vote” from The Wall Street Journal“Will Democrats Let the GOP Gut Trans Health Care?” from Rolling Stone“Brace for a Nationwide Shuffle of Corporate Headquarters” from Bloomberg“9 Ways to Embrace Winter — Even if You Think You Hate It” from Time“New Jersey Politician Fakes Spotify Wrapped to Show All Springsteen Songs” from The New York TimesWe love to hear from you. Email us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Before this year’s election, Heather Cox Richardson, a historian at Boston College, joined “Make Me Smart” live in Boston to unpack the high stakes for our economy and democracy. Now that the election is over and the transition to a second Donald Trump administration is underway, we’re following up.On the show today, Richardson weighs in on the election aftermath. She explains how the current media environment in the United States played into the election, how economic narratives have influenced American politics throughout history, and what the past can tell us about how President-elect Trump might brand his economic agenda while in office.Then, we’ll get into the bipartisan effort to add federal judges that’s suddenly falling apart. And, author Evan Schwartz was wrong about the inspiration behind L. Frank Baum’s “The Wonderful Wizard of Oz.”Here’s everything we talked about today:“December 9, 2024” from “Letters from an American”“What Donald Trump’s Win Means for the Economy” from TimeOpinion: “Voters prefer Harris’s agenda to Trump’s — they just don’t realize it. Take our quiz.” from The Washington Post“On Issue After Issue, Trump Promises the Moon. No Word on the Rocket.” from The New York Times“Biden special envoy for hostages is in Beirut in search of Austin Tice” from The Washington Post“House sets up vote on bill to add dozens of new federal judgeships” from Roll Call“Ernst, Under MAGA Pressure, Signals Backing for Hegseth’s Pentagon Bid” from The New York TimesPower the show with a donation today and don’t forget to pick up one of our thank you gifts at a discount. Head to marketplace.org/givesmart.
A person of interest in the killing of UnitedHealthcare Chief Executive Brian Thompson was arrested today. We’ll get into the public’s reaction to the killing and what it says about our for-profit health system. Plus, we discuss the largest intergenerational wealth transfer in U.S. history, which is projected to take place over the next 25 years. And, Dick Van Dyke has us smiling as he waltzes into his 99th birthday.Here’s everything we talked about today:“Live Updates: Police Identify ‘Strong Person of Interest’ in C.E.O.’s Killing” from The New York Times “Suspect in fatal shooting of UnitedHealthcare CEO Brian Thompson ID’d as Luigi Mangione, an ex-Ivy League student” from New York Post “Manhunt for UnitedHealthcare CEO Killer Meets Unexpected Obstacle: Sympathy for the Gunman” from The Wall Street Journal “A $105 Trillion Inheritance Windfall Is On the Way for US Heirs” from Bloomberg “Dick Van Dyke, Approaching 99, Dances in Coldplay’s Latest Video” from The New York Times “Biden says U.S. government believes Austin Tice is alive in Syria” from Axios We love to hear from you. Email us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
NASA is pushing back its highly anticipated Artemis 2 mission from September 2025 to April 2026. It will be the first crewed mission to the moon since 1972. We’ll unpack NASA’s setbacks. Plus, momentum is building for a TikTok ban. And the hosts share their thoughts on the word of the year in a round of Half Full / Half Empty!Here’s everything we talked about today:“NASA delays Artemis 2 moon mission to 2026, Artemis 3 astronaut landing to mid-2027” from Space“Trump Defends His Imperiled Pick for Defense Secretary, Pete Hegseth” from The New York Times“Appeals court upholds nationwide TikTok ban-or-sale law” from The Washington Post“TikTok advertisers stay put after US appeals court upholds law forcing sale” from Reuters“Bitcoin mining surge strains energy grids as miners make a fortune” from Marketplace“OpenAI is charging $200 a month for an exclusive version of its o1 ‘reasoning’ model” from The Verge“50% off! Cyber Monday deal today only! (Kidding!)” from Marketplace“Dolly Parton launches search for actors to play her in a new Broadway musical” from USA Today“‘Brain rot’ is the Oxford University Press word of the year” from AP NewsWe love to hear from you. Email us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
This year, Spotify’s popular Wrapped feature includes a podcast generated by artificial intelligence that tells users all about their individual listening habits from 2024. But it’s not perfect — at least not yet. We’ll get into it. And, we’ll explain how Amazon is getting into the AI chip game and what Federal Reserve Chair Jerome Powell anticipates from a second Trump administration. Plus, why talks for a global treaty to manage plastic pollution were a bust.Here’s everything we talked about today:“Nvidia Rules A.I. Chips, but Amazon and AMD Emerge as Contenders” from The New York Times“Amazon Announces Supercomputer, New Server Powered by Homegrown AI Chips” from The Wall Street Journal“Powell: Fed’s independence from politics is vital to its interest rate decisions” from AP News“In a 2nd Trump term, Fed independence would go “out the window,” economist says” from Marketplace“Climate activist calls for plastic treaty after UN summit failure” from Reuters“Nations Fail to Reach an Agreement on Plastic Pollution” from The New York Times“Spotify Wrapped 2024 adds an AI podcast powered by Google’s NotebookLM” from TechCrunchJoin us tomorrow for Economics on Tap. The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.
President Joe Biden today announced an additional $600 million investment in a rail project that will connect multiple African countries. It will expand U.S. access to important minerals like cobalt and copper. But will it be enough to counter China’s dominance over the critical minerals supply chain? We’ll get into it. Plus, why President-elect Donald Trump’s trade adviser pick is giving us serious deja vu. And, Dylan Bachelet, the “Jack Sparrow” of “The Great British Baking Show,” is making us smile.Here’s everything we talked about today:“Biden in Africa pledges millions more for a rail project the US hopes will boost its influence there” from AP News“Biden Hopes Train Project in Angola Defines Africa Legacy” from The New York Times“Trump picks Peter Navarro as top trade advisor” from CNBC“Q&A With Dylan Bachelet of ‘Great British Baking Show’” from The New York TimesIf you haven’t made your gift to “Make Me Smart” yet, there’s still time! Make your donation here.
Billionaire families contributed roughly 18% of all money raised during the 2024 election cycle. And many of those mega donors are being tapped for high-level positions in the incoming Donald Trump administration. This begs the question: Is the U.S. government controlled by the ultra rich? David Sirota, founder and editor in chief of The Lever, said he believes the U.S. resembles an oligarchy. On the show today, Sirota explains how the erosion of campaign finance regulations has created a culture in which big money in politics is normalized. Then, we’ll get into China’s latest move in the ongoing chip trade war with the United States. Plus, what’s the correct way to pronounce “pecan”? Here’s everything we talked about today:“Election 2024: How Billionaire Avengers Destroyed Democracy” from The Lever“What’s different about billionaire donor Elon Musk’s relationship with Trump” from Vox“How billionaires are influencing the 2024 U.S. election” from Axios“Battle of the billionaires: the mega rich spending to swing the US election” from Financial Times“Remember that study saying America is an oligarchy? 3 rebuttals say it’s wrong.” from Vox“China bans export of critical minerals to US as trade tensions escalate” from Reuters“SpaceX Weighs Tender Offer Raising Valuation to $350 Billion” from Bloomberg“​​Yes We Pecan, with Martha Stewart” from NPR It’s Giving Tuesday! Your donation will be matched today when you support Marketplace.
Nine of the Federal Reserve’s 12 reserve banks are on the Mississippi River or east of it. One former Fed official says it’s caused the central bank to disproportionately reflect the interests of the eastern United States. We’ll get into it. And, we’ll unpack how some businesses are pushing consumers to shop now in anticipation of potential tariffs under the incoming Donald Trump administration. Plus, we’ll smile about one runner’s 700-mile quest to create art on the GPS-tracking app Strava.Here’s everything we talked about today:“The Fed tilts toward the eastern U.S. It’s time to change that.” [gift link] from The Washington Post“Now is the time to prepare for tariffs” from The Hill“Tariffs and you: What products will cost more, when prices will rise, and what to buy now” from USA Today“Buy Now Before Tariffs Hit, Retailers Are Telling Shoppers” from The Wall Street Journal“Man ran 700 miles to make ‘insanely impressive’ art on GPS fitness app” [gift link] from The Washington Post“Why not enlist an army of volunteer retirees?” from The Washington Post“Do Your Passwords Meet the Proposed New Federal Guidelines?” from The Wall Street Journal We love to hear from you. Email us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
As many Americans prepare to celebrate Thanksgiving with their friends and families, gratitude is top of mind. We’ll break down research that shows how individual acts of kindness and connection can have large-scale impact. And, we’ll discuss a poignant firsthand account of an award-winning journalist experiencing homelessness. Plus, we’ll get into why the Justice Department isn’t satisfied with the National Association of Realtors commission lawsuit settlement, and why parking lots will be the new hot spot for solar energy in France.Here’s everything we talked about today:“‘The DOJ is coming for NAR’: What’s next after the $418M settlement?” from HousingWire“The Invisible Man” from Esquire“An upward spiral – how small acts of kindness and connection really can change the world, according to psychology research” from The Conversation“Solar installations are now mandatory for large parking lots in France” from The Progress Playbook Let us know what you’re thankful for. Email us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
This week, Black Friday kicks off the traditional holiday shopping season. But have you ever wondered about the origins of the shopping frenzy on the day after Thanksgiving? The little ones in your life may be wondering about that too. Today, we’re bringing you a special crossover episode from the latest season of Marketplace kids podcast “Million Bazillion.” Bridget and Ryan team up with the hosts of “Forever Ago” to explain Black Friday and what it has to do with a football game in Philadelphia. Plus, they share tips on how to shop smarter during the holiday season.We love to hear from you. Email us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Negotiators at the 2024 United Nations Climate Change Conference, or COP29, agreed on wealthy nations providing up to $300 billion a year to help poorer countries deal with the effects of climate change. We discuss the deal falling short of the $1.3 trillion poorer countries asked for. Then, we talk about how Tesla’s pollution violations could weaken the company’s eco-friendly image. And, we look at the costly Arizona program heralded by school choice advocates as a taxpayer-supported way to opt out of public schools. Plus, U.S. farm groups are preparing for possible mass deportations under the incoming Trump administration. Finally, we’ll smile at an A.I.-generated granny as an unlikely hero to combat phone scams. Here’s everything we talked about today:“As Musk Assumes Deregulation Role, Tesla Racks Up Pollution Violations” from The Wall Street Journal“Developing nations blast $300 billion COP29 climate deal as insufficient” from Reuters“No-Limit Vouchers Are Blowing Up Arizona’s Budget. This Woman Is Leading the Way”  from Politico“US farm groups want Trump to spare their workers from deportation” from Reuters“An A.I. Granny Is Phone Scammers’ Worst Nightmare” from The New York Times“Giving thanks may make your brain more altruistic” from Vox“The Case for Being Ungrateful” from The Wall Street JournalWe love to hear from you. Email us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
The National Women’s Soccer League is in the final stages of adding its 16th team. We’ll explain what it can tell us about the rise of the women’s sports industry. And, the Supreme Court will review the funding model of a federal program that subsidizes internet and phone services in low-income areas of the country. Plus, we’ll weigh in on condiments and pie during a Thanksgiving-themed game of This or That!Here’s everything we talked about today:“NWSL expansion: Cincinnati, Cleveland, Denver final options” from ESPN“Denver named finalist for National Women’s Soccer League expansion team alongside Cincinnati, Cleveland” from The Denver Post“Homes With Low Natural Disaster Risk Are Rising in Value Faster Than Homes With High Risk for the First Time in Over a Decade” from Redfin“Supreme Court steps into fight over FCC’s $8 billion subsidies for internet and phone services” from AP News“Supreme Court takes up dispute over FCC fund that subsidizes telecom services in rural areas” from CBS NewsWe love to hear from you. Email us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
President-elect Donald Trump tapped Cantor Fitzgerald CEO Howard Lutnick as his choice for Secretary of Commerce this week. We’ll get into why the role could be critical to the incoming Trump administration, which has vowed to enact sweeping tariffs. Then, we’ll explain why earnings at big-box retailers like Target and Walmart have been mixed ahead of the holiday season, and how the Justice Department wants to shakeup Google’s monopoly over the online search market. Plus, why is Bitcoin on a record-breaking streak?Here’s everything we talked about today:“Trump picks Lutnick to be Commerce secretary” from CNN“Who will lead the Commerce Department?” from Marketplace“Target’s Stock Plunges 21% on Weak Sales Ahead of Holiday Season” from The New York Times“A tale of two retailers: Target reports sluggish spending while Walmart has a stellar quarter” from The Associated Press“DOJ says Google must sell Chrome to crack open its search monopoly” from The Verge“Bitcoin hits fresh record, marches toward $100,000 as rally continues” from CNBC Join us tomorrow for Economics on Tap. The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.
Comcast said it plans to turn its cable networks, including CNBC and MSNBC, into a new, separate company. We’ll get into why it could be a sign of what’s to come in the media industry. And, the Joe Biden administration is shifting into overdrive trying to spend money intended to boost microchip manufacturing before President-elect Donald Trump returns to office. Plus, we’ll smile about breakthroughs in automatic braking technology and a new version of chess that’s pushing the game forward.Here’s everything we talked about today:“Comcast to Spin Off MSNBC, CNBC and Other Cable Networks” from The New York Times“It’s Official! Comcast To Spin Off Cable Networks, Sees New Standalone Company A ‘Partner And Acquirer’ Of Media Assets” from Deadline“Raimondo’s new mission: Leave no cash for Trump” from Politico“Automatic Braking Systems Save Lives. Now They’ll Need to Work at 62 MPH” from Wired“The Greatest Chess Player of All Time Is Bored With Chess” from The Wall Street JournalWe love to hear from you. Email us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Today we’re talking about American exceptionalism: the idea that the United States is a uniquely virtuous nation and a “shining city on a hill.” It’s a belief that’s long shaped how the U.S. acts on the global stage and how Americans see themselves, the economy and democracy. In the aftermath of the U.S. presidential election, many Americans are questioning the idea of exceptionalism.Journalist Suzy Hansen challenges the notion of American exceptionalism in her book “Notes on a Foreign Country: An American Abroad in a Post-American World.” On the show today, she explains where the idea of American exceptionalism comes from, how it has shaped today’s world, and why many Americans are disillusioned with it. Plus, is a new version of national pride the answer to the pitfalls of American exceptionalism? Then, we’ll get into the creative ways the European Union is preparing for President-elect Donald Trump’s promised tariffs. Plus, perspectives from an American abroad and thoughts on mandatory national service.Here’s everything we talked about today:“Unlearning the myth of American innocence” from The Guardian“Opinion | Is America a City on a Hill or a Nation on the Precipice?” from The New York Times“The End of American Exceptionalism: Trump’s Reelection Will Redefine U.S. Power” from Foreign Affairs“American Exceptionalism Is a Dangerous Myth” from Intelligencer“The US is leaving millions behind: American exceptionalism needs to change by 2030” from The Brookings Institution“Democrats look at late-night, weekend votes to confirm last Biden judicial nominees” from The Hill“Locked and loaded? The EU weapons to fight Trump’s trade war.” from Politico“Oil Glut Set to Thwart Trump’s Call to ‘Frack, Frack, Frack’” from BloombergWe love to hear from you. Email us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Some critics of President-elect Donald Trump are preparing for the possibility of being prosecuted when he takes office. We’ll discuss Trump’s “retribution” agenda. Then, we’ll get into his pick to lead the Federal Communications Commission. Plus, what a meeting between “Morning Joe” hosts and Trump represents about access to information during the next administration. And, we’ll smile at the woman behind the curtain who inspired the “Wicked” lore.Here’s everything we talked about today:“Morning Joe’ Hosts Reveal Meeting With Trump at Mar-a-Lago” from The New York Times“Brendan Carr wrote the FCC chapter in ‘Project 2025.’ Now he’s Trump’s pick for the agency” from CNN Business“DoJ and FBI officials consult lawyers amid threats of Trump legal retribution | Trump administration” from The Guardian“Go bags, passports, foreign assets: Preparing to be a target of Trump’s revenge” from The Washington Post“The Feminist Who Inspired the Witches of Oz” from Smithsonian Magazine We love to hear from you. Email us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
The United States is on a mission to revitalize its chip manufacturing industry by giving billions in grants and loans to companies including Intel. But mistakes have cost Intel the opportunity to lead in artificial intelligence. Guest host Sabri Ben-Achour explains how the company fell behind. And, President-elect Donald Trump tapped Robert F. Kennedy Jr. to lead the Department of Health and Human Services. The agency is responsible for more than you might think. Plus, we’ll play a round of Half Full/Half Empty!Here’s everything we talked about today:“What to know about HHS and how RFK Jr. could lead it” from Axios“The Anti-Fluoride Movement Vaults Into the Mainstream” from The New York Times“The Great American Microchip Mobilization” from Wired“Satire publication The Onion buys Alex Jones’ Infowars at auction with Sandy Hook families’ backing” from AP News“The Great Migration to Bluesky Gives Me Hope for the Future of the Internet” from 404 Media“Want to Network in Silicon Valley? Bring a Bathing Suit” from The Wall Street Journal“Good-bye to the Broker Fee” from Curbed“Americans Are Hoarding Their Friends” from The AtlanticWe love to hear from you. Email us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Over the course of his campaign, President-elect Donald Trump made a lot of promises. What does that mean for the years ahead? Today we’re answering your questions about Trump’s second term. We’ll explain whether the Trump administration could actually eliminate the Department of Education, how income tax cuts for tips and overtime pay could impact the economy, and where the Biden administration’s student debt relief plans go from here. Plus, if not tariffs, then what?Here’s everything we talked about today:“Could Trump actually get rid of the Department of Education?” from Vox“Is It Possible for Trump to Shut the Department of Education?” from The New York Times“Donald Trump Tax Plan Ideas: Details and Analysis” from the Tax Foundation“Both Harris and Trump want to eliminate federal taxes on tips” from Marketplace“As the election nears, Biden’s student debt agenda is in tatters. Will it hurt Harris?” from USA Today“What a Trump presidency might mean for student loan forgiveness” from NPR“As Trump Threatens a Wider Trade War, the U.S. Confronts a Changed China” from The New York Times“Why Alternatives To Tariffs Can Be More Effective” from NPR“Nontariff Barrier: Definition, How It Works, Types, and Examples” from InvestopediaHeads up: Tomorrow’s “Economics on Tap” episode won’t be livestreamed on our YouTube channel. But you can still listen wherever you get your podcasts.
President Biden’s hallmark Inflation Reduction Act set aside nearly $150 billion for various climate projects. But not all of that money has been spent, and President-elect Trump has vowed to take it back. The question, is how much money is leftover? Kimberly explains why it’s taken years to get the money out the door. Plus, we’ll unpack some gains in women’s sports and wage growth.Here’s everything we talked about today:“Carbon emissions from fossil fuels hit record highs in 2024: report” from Axios“Dreaming of snow this winter? Look up the forecast in your area.” from The Washington Post“Fossil fuel CO2 emissions increase again in 2024” from the Global Carbon Project“The mystery number that’s key to whether Biden’s spending survives” from Politico“Women’s baseball players could soon have a league of their own again” from AP NewsTweet from The Washington Post’s Heather Long about wage growthGot a question for the hosts about the election, Trump’s next presidency and the U.S. economy? Email us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
COP29, the United Nations’ annual climate summit, is underway in Azerbaijan. This year’s conference is all about how the world will pay to deal with climate change. But Donald Trump’s election victory looms large over the talks. President-elect Trump could roll back United States climate policy like he did during his first term. On the show today, Gautam Jain, senior research scholar at Columbia University’s Center on Global Energy Policy, explains why climate investment won’t come to a complete halt under the next Trump administration. Plus, he weighs in on who might fill the void in global energy transition talks. Plus, the message ExxonMobil CEO Darren Woods is sending Trump about the nation’s energy policy. And, how early is too early for Christmas lights?Here’s everything we talked about today:“What Trump can do to reverse US climate policy − and what he probably can’t change” from The Conversation“COP29: What are the key issues at the UN climate summit in Baku?” from Reuters“Trump Victory Leaves China Calling the Shots at COP29 Climate Negotiations” from The Wall Street Journal“Burning Questions: What are the climate wins and setbacks from the election?” from Marketplace“Exxon chief urges stability in US climate policy, knocks carbon border tariffs” from PoliticoWe want to hear your answer to the Make Me Smart question. Leave us a voicemail at 508-U-B-SMART or email us at makemesmart@marketplace.org.
A new report estimates global damages from extreme weather events between 2014 and 2023 at about $2 trillion, roughly in line with the 2008 financial crisis. It comes as world leaders meet at the United Nations Climate Change Conference, or Cop29, under the shadow of President-elect Donald Trump’s promises to roll back environmental standards. We’ll get into what it all might mean for climate policy here at home. Plus, is economic growth abroad in Trump’s hands? Then, we’ll smile at Mattel’s mea culpa for a misprint on its new “Wicked” toys.Here’s everything we talked about today:“‘Science is still science’: US still committed to climate fight despite Trump’s win, Podesta says at COP29” from Politico“A shadow ‘financial crisis’ has cost the world $2 trillion” from CNN“Rest of World’s Growth Is at Trump’s Mercy” from The Wall Street Journal“FDA to Finally Ban Controversial Ingredient in Popular Decongestants” from ScienceAlert“Mattel Apologizes for Porn Site Misprint on ‘Wicked’ Toy Packaging” from The Wall Street Journal Got a question for the hosts about the election, Trump’s next presidency and the U.S. economy? Email us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
The richest man in the world just became even more influential after pouring millions into former President Donald Trump’s reelection campaign. Tesla shares soared after Trump’s win and CEO Elon Musk was already invited to join a call with Ukrainian President Volodymyr Zelenskyy. We’ll get into what the cozy relationship between Trump and Musk could mean for the U.S. economy and national security. And, we’ll talk about the many Americans who are looking to move abroad in the face of the U.S. election results. Plus, we’ll play a round of Half Full/Half Empty!Here’s everything we talked about today:“Scoop: Elon Musk joined Trump’s call with Zelensky” from Axios“Tesla hits $1 trillion market cap as stock rallies after Trump win” from CNBC“Exhausted by the Election, Some Americans Are Catching Flights Abroad” from The New York Times“American interest in Canadian citizenship is spiking again after Trump’s victory” from Politico“Nvidia, Sherwin-Williams to replace Intel, Dow on Dow Jones” from Marketplace“Steven Madden C.E.O. Says It Is Moving Production Out of China” from The New York Times“Painting by A.I.-Powered Robot Sells for $1.1 Million” from The New York Times“Pad Thai, Spring Rolls and a Side of Peacock? Why Streamers Are Teaming Up With Delivery Apps” from The Hollywood Reporter“Should cars still have AM radios? Congress might require them.” from MarketplaceGot a question for the hosts about the election, Trump’s next presidency and the U.S. economy? Email us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Today we’re handing the microphone over to our listeners to tell us how they’re reacting to the outcome of this week’s presidential election. We’ll hear their concerns about the future of transgender health care, the long-term economic impact of a second Trump presidency and why — even though it can be daunting — we can all make change if we start in our local communities. Plus, is this our Brexit moment?Here’s everything we talked about today:“Want to protect our democracy? Start here!” from our episode with lawyer and author Emily Amick“For trans people reliant on federal programs, this election could change everything” from 19th News“How to get your elected officials to listen to you” from Vox“5 ways Trump’s next presidency could affect the U.S. economy — and your money” from CBS NewsGot a question for the hosts about the election, Trump’s next presidency and the U.S. economy? Email us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
The Democratic Party has traditionally been pro-union and relied on the support of the working class. But the results of yesterday’s election show the tide may be turning. We’ll get into how President-elect Trump enamored these voters to win another term in the White House and how we can expect a new Trump administration to shake up the economy and defy democratic norms. Plus, we’ll talk about some of the trailblazers elected to Congress and state offices.Here’s everything we talked about today:“Who is Bernie Moreno, Ohio’s new GOP senator-elect and crypto champion?” from The Washington Post“Sarah McBride becomes the first out transgender person elected to Congress” from NBC News“How markets are responding to the prospect of another Trump presidency” from Marketplace“Black women notch historic Senate wins in an election year defined by potential firsts” from AP News“Meet the history-makers of the 2024 elections” from CNN Politics“How could the return of Trump-era ‘Schedule F’ job appointments reshape the federal workforce?” from Marketplace“Donald Trump Has Tools to Fire Powerful Financial Regulator in Term Two” from BloombergSend us all your thoughts, feelings and questions about the election. You can email us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Today we’re talking about a breakout story of this election cycle: the rise of prediction markets and betting on elections. For the first time in a century, Americans can legally place bets on election outcomes using a platform called Kalshi. But the Commodity Futures Trading Commission warns that these markets could warp the public’s understanding of our elections if they’re treated like polls. On this Election Day episode, Cantrell Dumas of Better Markets, a financial reform advocacy group, explains how Americans are dabbling in election betting, the legal questions surrounding these prediction markets, and why he believes manipulation of these markets has the potential to sway elections. Then, we’ll dig into the history of the “I Voted” sticker and hear a perfect poem for Election Day. Plus, a listener shares what moving abroad taught them about the U.S. voting system.Here’s everything we talked about today:“Election betting is newly legal — and risks getting confused with polls” from NBC News“Exclusive: Election betting site Polymarket gives Trump a 67% chance of winning but is rife with fake ‘wash’ trading, researchers say” from Fortune Crypto“Cryptoverse: U.S. election speculators play the prediction markets” from Reuters“Wall Street regulator moves to ban election betting, escalating fight over new market” from Politico“The Case for Legalizing Political Betting” from the Cato Institute“How ‘I Voted’ Stickers Became an Election Day Staple” from Business InsiderWe want to hear your answer to the Make Me Smart question. Leave us a voicemail at 508-U-B-SMART or email us at makemesmart@marketplace.org.
Live near a yoga studio? What about a golf course? Americans may experience the economy differently based on the politics of the neighborhoods they live in. We’ll dig into new data on the relationship between political affiliation and the businesses around us. Then, we’ll talk about a new revelation in the lawsuit against Elon Musk over his controversial $1 million-a-day voter sweepstakes. Plus, on this Election Day eve, we’re smiling about early turnout.Here’s everything we talked about today:“Musk PAC tells Philadelphia judge the $1 million sweepstakes winners are not chosen by chance” from The Associated Press“How Red and Blue America Shop, Eat and Live” from The New York Times“4 charts show how early voting is going in the US” from CNN We love to hear from you. Email your comments and questions to makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Campaigns for both Vice President Kamala Harris and former President Donald Trump are trying to get ahead of the curve on election legal battles. According to The Hill, there are already over 200 voting and election cases pending across the country. We’ll get into it. Then, we’ll explain how Trump’s recent battles with CBS and ABC could signal his intention to punish broadcasters if reelected. And, how do you feel about rolling back our clocks as daylight saving time ends? That and more in a round of Half Full/Half Empty. Here’s everything we talked about today:“How Trump could weaponize the FCC against the media in a second term” from The Washington Post“Trump, Harris camps prepare to ‘go to the mattress’ in election legal battles” from The Hill“You Call That An Ad Blackout? Consultants Shrug Off Alphabet’s Post-Election Restrictions” from Campaigns & Elections We love to hear from you. Email your comments and questions to makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
This Halloween, we’re looking at some new inflation data that’s got the Federal Reserve in good spirits. Its preferred inflation measure shows inflation fell to 2.1% last month, moving ever-so-closer to the Fed’s 2% target. We’ll get into why core inflation complicates the Fed’s good news. And, we’ll unpack why some Meta investors were spooked when CEO Mark Zuckerberg said the company will amp up its artificial intelligence spending. Plus, Starbucks is getting a brand makeover, and the Los Angeles Dodgers pulled off a World Series win.Here’s everything we talked about today:“Meta posts Q3 earnings beat, but stock falls on heavy spending plans” from Yahoo Finance“What Today’s Inflation Data Will Mean for Next Week’s Fed Meeting” from CNBC“Inflation Cooled Further in September, PCE Index Shows” from The New York Times“7 ways Starbucks CEO Brian Niccol plans to change the coffee chain” from NBC Chicago“Los Angeles Dodgers defeat New York Yankees in five games to win World Series” from NBC NewsJoin us tomorrow for Economics on Tap. The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.
Tech companies like Google and Meta have been pouring billions into artificial intelligence. But investors have been waiting for those investments to pay off. We’ll get into what the latest earnings report from Google’s parent company signals about AI’s money-making potential. And, American companies are responding to former President Trump’s tariff promises by preparing to raise prices. Plus, guest host Matt Levin makes us smile about the Los Angeles Dodgers’ World Series run.Here’s everything we talked about today:“Companies ready price hikes to offset Trump’s global tariff plans” from The New York Times“More than a quarter of new code at Google is generated by AI” from The Verge“Google’s Cloud Business Powers Accelerating Revenue Growth” from The Wall Street Journal“World Series: Ice Cube performs ‘It Was a Good Day’ ahead of Yankees vs. Dodgers Game 2” from Fox SportsWe love to hear from you. Email your comments and questions to makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Today we’re sharing an excerpt from our live show at WBUR CitySpace in Boston featuring our special guest, historian Heather Cox Richardson. (Check out the first part of our live show here.) Richardson, a professor at Boston College, talked with us about the high stakes of this year’s election, how the economy is woven into political narratives, and what we can do to protect the health of our democracy. Plus, she shares what she had wrong about hummingbirds. Where should “Make Me Smart” go next? Let us know at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
News outlets aren’t mincing words about the offensive and racist remarks featured at former President Donald Trump’s rally in New York’s Madison Square Garden on Sunday. We’ll talk about the media backlash to the event, which was intended to be a part of Trump’s closing argument against Vice President Kamala Harris. Then, we discuss reports of ballot drop boxes on fire and give tips on how to ride out the last few days before Election Day. Plus, a story that has us waltzing through our emotions.Here’s everything we talked about today:“Hundreds of Ballots Damaged in Drop-Box Fire in Washington State” from Bloomberg “No More Euphemisms: Media Gets Real on Trump’s MSG Hate Rally” from Parker Molloy on Substack Post about the 2024 U.S. presidential election’s impact on Europe from Benjamin Haddad on X “Hear a Chopin Waltz Unearthed After Nearly 200 Years” from The New York Times We can’t do this show without you. Send us your questions, comments or wild suggestions at makemesmart@marketplace.org or leave a voicemail at 508-U-B-SMART!
Kai and Kimberly host our weekly happy hour episode, “Economics on Tap,” live from the stage of WBUR CitySpace in Boston. We’ll dive into the biggest headlines making waves this week while sipping on our favorite drinks. Plus, Drew joins the stage to host a round of our favorite game, Half Full/Half Empty! Here’s everything we talked about today:“‘Washington Post’ won’t endorse in White House race for first time since 1980s” from NPR“Exclusive: Europe seeks to underpin Russia sanctions, fearing Trump overhaul” from Reuters“German finance minister warns of retaliation if U.S. kicks off trade war” from CNBC“American Airlines Cracks Down on ‘Gate Lice’ With New Boarding System” from The New York Times“Axiom Space, Prada Unveil Spacesuit Design for Moon Return” from Axiom Space“Every Yankees vs. Dodgers World Series matchup in two charts” from CNN“Salem Mayor predicts another record-breaking year of Halloween tourism” from WBUR NewsTweet from Tyler Perry at a Harris campaign rally“Last-minute Boston-themed Halloween costumes” from WBURWe can’t do this show without you. Send us your questions, comments or wild suggestions at makemesmart@marketplace.org or leave a voicemail at 508-U-B-SMART!
Hey Smarties! We’re on the road to Boston for a live taping of “Make Me Smart” with special guest, historian Heather Cox Richardson. So today we’re bringing you an episode from the latest season of “How We Survive,” Marketplace’s climate solutions podcast. In this episode, Kai Ryssdal and the “How We Survive” team head to the very, very top of Alaska to understand how climate change and national security are converging in the Arctic. Want to join Kai Ryssdal and Kimberly Adams for our live taping of “Make Me Smart” in Boston on Oct. 25? In-person tickets are sold out, but you can still join us virtually. Get your tickets here.
As Election Day looms closer, the emails and texts from campaigns pleading for money continue to flood voters’ inboxes. A CNN investigation found that some of these tactics have misled elderly Americans into giving away millions of dollars. We’ll get into the financial consequences of aggressive campaign fundraising strategies. Then, we’ll discuss how Republican pundits are responding to former President Donald Trump’s shocking statements about military affairs. And, we’ll talk about a payment owed from a defamation case: a luxury New York apartment. Here’s everything we talked about today:“Trump: ‘I Need the Kind of Generals That Hitler Had’” from The Atlantic“How elderly dementia patients are unwittingly fueling political campaigns” from CNN“Brains and Losses: Aging and Financial Vulnerability to Scams” from Marketplace“Do presidential candidates really need your money at this point in the race?” from Marketplace“Giuliani ordered to surrender apartment, valuables to Georgia election workers” from Reuters Join Kai Ryssdal and Kimberly Adams for a live taping of “Make Me Smart” on Oct. 25 in Boston. In-person tickets are sold out, but you can still join us virtually. Get your tickets here.
In the weeks after Hurricanes Helene and Milton hit the Southeast, the price to rebuild has become a topic of contention in the home insurance market. For years, home insurers have identified climate change as a threat, cut coverage and increased premiums for properties in disaster-prone areas. But now, home insurers are also using new technologies such as drone footage and artificial intelligence to identify other high-risk areas in urban and suburban neighborhoods.Then, we’ll get into what headline inflation measures leave out of the cost of housing. And, how do we prepare for the upcoming Election Day in the shadow of the Jan. 6, 2021, attack on the U.S. Capitol? Later, we’ll hear from listeners on voting from overseas and the origins of trick-or-treating. Here’s everything we talked about today:“Home Insurance is a Really Big Problem” from Kyla Scanlon on Substack “Rising insurance costs are making homeownership even more expensive” from Marketplace “How Higher Property Insurance Premiums Mirror Climate Risk” from Knowledge at Wharton “How the Home Insurance Market Became So Distorted” from The New York Times “The Home Insurance Crunch: See What’s Happening in Your State” from The New York Times “Can lawmakers save the collapsing Florida home insurance market?” from Bankrate “The Very Real Scenario Where Trump Loses and Takes Power Anyway” from Politico “America’s Most Famous Inflation Gauge Is Easing — But Some of Your Biggest Expenses Are Left Out” from Bloomberg Do you have an Election Day tradition? Maybe you like to mail your ballot or treat yourself to coffee after hitting the polls. Let us know what your voting routine looks like at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Across the country, pharmacies big  and small are closing. The closures have disproportionately affected rural and low-income communities, leaving residents with limited access to prescription drugs and creating so-called “pharmacy deserts.” We’ll discuss a New York Times investigation about the middlemen driving pharmacies out of business. Plus, should the American Dream be a townhouse? And, introducing the real “househusbands” of Wall Street.Here’s everything we talked about today:“Housing costs are rising everywhere — but especially in swing states” from The Washington Post“The new American Dream should be a townhouse” from The Washington Post“The Powerful Companies Driving Local Drugstores Out of Business” from The New York Times“The real reason Walgreens and other pharmacies are failing” from MSNBC“Behind Many Powerful Women on Wall Street: A Doting ‘Househusband’” from The Wall Street JournalJoin Kai Ryssdal and Kimberly Adams for a live taping of “Make Me Smart” on Oct. 25 in Boston. In-person tickets are sold out, but you can still join us virtually. Get your tickets here.
New research from the Federal Reserve shows that wealthier Americans are driving retail spending while lower-income Americans have been squeezed by higher prices. We’ll discuss how this disparity could help explain the United States’ often unexpectedly strong consumer economy, and what the Birkin bag side of TikTok can tell us about this divide. And, Cuba is enduring a nationwide power outage. We’ll explain how a grid failure today has left millions in the dark. Plus, we’ll play a spooky season edition of This or That!Here’s everything we talked about today:“How to Watch the Bright and Speedy Orionid Meteor Shower” from Smithsonian“Cuban electrical collapse causes island-wide blackout, paralyzes economy” from The Washington Post“Wealthier Americans are driving retail spending and powering US economy” from AP News“Chocolate is on its way out. Why Halloween is about gummy candy now.” from The Washington PostJoin Kai Ryssdal and Kimberly Adams for a live taping of “Make Me Smart” on Oct. 25 in Boston. In-person tickets are sold out, but you can still join us virtually. Get your tickets here.
Companies in the United States spend billions in political donations each election cycle with the aim of gaining more influence in government. But all that spending comes with risks. We’ll get into it. And, we’ll explain why many Americans impacted by recent hurricanes will have to wait for disaster assistance from the Small Business Administration and how former President Trump’s plans for mass deportations could send shockwaves through our nation’s food supply chain. Plus, why are tech companies like Amazon and Google investing in nuclear energy?Here’s everything we talked about today:“Why companies spend all that campaign donation money” from Marketplace“SBA disaster loan program out of money after hurricanes, Biden says” from Axios“Trump’s proposed mass deportations could ‘decimate’ the US food supply” from Grist“Trump Faces Tough Questions From Hispanic Voters, but Largely Defends or Dodges” from The New York Times“Big Tech has cozied up to nuclear energy” from The Verge“Amazon goes nuclear, to invest more than $500 million to develop small modular reactors” from CNBCJoin us tomorrow for Economics on Tap. The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.
Vice President Kamala Harris has been sitting down with popular podcasts like the “The Breakfast Club,” Call Her Daddy,” and The Howard Stern Show. We’ll get into what the campaign strategy can tell us about voters, our fragmented media environment and the future of news. Plus, lower interest rates mean the end of a golden period for savers. And, the return of panda diplomacy and a new life for a beloved maple tree.Here’s everything we talked about today:“Harris Slams Trump in Interview With Charlamagne Tha God: 5 Takeaways” from The New York Times“Former President Barack Obama’s Team Clarifies His Recent Comments Made Toward Black Men” from The Shade Room“Savers Bid a Sad Farewell to Higher Yields” from The Wall Street Journal“Georgia voters motivated by Harris-Trump contest flock to polls in record numbers on first day” from GPB News“D.C.’s new giant pandas arrived at National Zoo: Meet Qing Bao and Bao Li” from The Washington Post“A Beloved Maple Tree Had to Come Down, But It Lives On” from The New York TimesWe love to hear from you. Email your comments and questions to makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Today we’re talking about a key piece of the global transition to renewable energy: metals. Specifically, metals like copper, lithium and cobalt that we need to build wind turbines, electric vehicles and to improve our energy grid. Vince Beiser, author of the forthcoming book “Power Metal: The Race for the Resources That Will Shape the Future,” said we’ll need hundreds of millions more tons of these metals. But mining them comes at a cost. On the show today, Beiser explains the environmental and social consequences of mining for these metals, China’s dominance over the supply chain, and ways to make the transition to renewables more fair. Plus, why mining in space is a pipe dream, at least for now. Then, we’ll get into how the U.S. dairy industry could be upended if former President Donald Trump’s plan for mass deportations took place. And, how one listener makes voting a party.Here’s everything we talked about today:“The Green Economy Is Hungry for Copper—and People Are Stealing, Fighting, and Dying to Feed It” from Wired“Mining Critical to Renewable Energy Tied to Hundreds of Alleged Human Rights Abuses” from Inside Climate News“How does the environmental impact of mining for clean energy metals compare to mining for coal, oil and gas?” from MIT Climate Portal“The Indispensable Industry: Mining’s Role in the Energy Transition and the Americas” from the Center for Strategic and International Studies“What a Crackdown on Immigration Could Mean for Cheap Milk” from The New York Times“Trump’s economic plans would worsen inflation, experts say” from AP News“Boeing to Sell at Least $10 Billion in Shares to Plug Cash Drain” from The Wall Street JournalWe love to hear from you. Email your comments and questions to makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Federal Emergency Management Agency crews working hurricane recovery efforts paused aid in parts of North Carolina over the weekend after threats were made against workers and an armed suspect was arrested. We talk about the rise of misinformation around FEMA’s response to Hurricanes Helene and Milton, including falsehoods pushed by former President Donald Trump. And, we discuss an atmosphere of political violence as Trump urges using the military on Election Day. Plus, are we one step closer to commercial space travel?Here’s everything we talked about today:“Trump urges using military to handle ‘radical left lunatics’ on Election Day” from The Washington Post “North Carolina authorities arrest armed man after threats against FEMA workers” from The Washington Post “Federal personnel are facing threats during hurricane response, DHS chief warns” from Government Executive Hurricane Rumor Response from FEMA “SpaceX catches giant Starship booster in fifth flight test” from Reuters “Why yesterday’s SpaceX launch was such a huge deal for space travel” from Business Insider “SpaceX catches Starship rocket booster in historic test launch” from NBC News We love to hear from you. Email your comments and questions to makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
This week, more than a dozen states came together to sue TikTok over the social media app’s effects on young users. Now, a report by NPR and Kentucky Public Radio shows executives at the company were well aware of the harms to teens. We’ll get into it. Plus, is the cost of rebuilding after a natural disaster becoming a luxury few can afford? And, would you wear pajama pants to school or work? That and more in a round of Half Full/Half Empty. Here’s everything we talked about today:“TikTok executives know about app’s effect on teens, lawsuit documents allege” from NPR“No Hurricane Will Make Rich People Leave Florida” from Slate“The CIA runs a nonprofit venture capital firm. What’s it investing in?” from Marketplace“Trump biopic ‘The Apprentice’ hits theaters amid fury from his campaign” from NBC News“Black Friday in October: Here come early holiday deals” from Axios“Tim Walz Rally Is Livestreamed on Twitch in Pitch to Young Voters” from The New York Times“Get Comfortable With It: Pajama Pants Are for Everywhere” from The Wall Street Journal Join Kai Ryssdal and Kimberly Adams for a live taping of “Make Me Smart” on Oct. 25 in Boston. In-person tickets are sold out, but you can still join us virtually. Get your tickets here.
The Federal Emergency Management Agency has already burned through almost half of its $20 billion Disaster Relief Fund that’s meant to last for another year. We’ll get into why the agency’s current budget shortfall is a sign of future problems as extreme weather events like Hurricane Milton become more common. Then, we’ll get into Vice President Kamala Harris’ new plan for funding at-home health care, some in the weeds inflation vocab, and why the identity of the creator of Bitcoin matters. Here’s everything we talked about today:“FEMA spent nearly half its disaster budget in just 8 days” from Politico“As Helene barrels into the Gulf Coast, FEMA faces shortfall for longer-term recovery” from Marketplace“Chicago Fed’s Goolsbee: Inflation has come down and job market is around full employment level” from CNBC“Inflation slowed again, new CPI report shows: Will the Fed keep cutting rates?” from USA Today“Kamala Harris proposes Medicare pay for more in-home health care during appearance on “The View'” from CBS News“Harris proposes expanding Medicare to cover home health care” from Marketplace“The quest to discover the creator of bitcoin” from MarketplaceJoin us tomorrow for Economics on Tap. The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.
Total damages from Hurricane Helene in the United States could cost $250 billion. But only a small fraction of homeowners have flood insurance. As another major hurricane looms, we’ll unpack why coverage is becoming so expensive that many Americans choose to go without. Plus, some news you can use about communicating during an emergency, and how zoo workers and animals ride out big storms.Here’s everything we talked about today:“Kamala Harris Has Raised $1 Billion Since Entering 2024 Presidential Race” from The New York Times“CBS ’60 Minutes’ airs two different answers from VP Harris to the same question” from Fox News“Most U.S. homeowners hit by Hurricane Helene don’t have flood insurance” from CBS News“Hurricane Milton could cost insurers up to $100 billion, analysts say” from Reuters“The flood insurance crisis facing Americans” from Axios“‘We’ve used hallways, we’ve used bathrooms’: How zoos protect animals when hurricanes hit” from BBC News“Tampa zoo and aquarium staff to ride out Milton with the animals” from The Washington Post“When Cell Service Is Down, You Can Send iPhone Texts via Satellite” from The Wall Street JournalWe love to hear from you. Email your comments and questions to makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Almost half of adults in the U.S. are single. But so many of our economic policies and financial systems, from homeownership to retirement planning, cater to couples. Today’s episode is an excerpt from a Marketplace live show in Denver, hosted by “Make Me Smart” co-host Kimberly Adams, on the economics of being single. Kimberly is joined by a panel of experts who break down the financial challenges (and perks) of living the single life, and the power of pushing back against the societal pressures to pair up.
Since the start of the Israel-Hamas war a year ago, the U.S. has spent at record $17.9 billion on military aid to Israel — more than any other year since this aid started. This adds to the already heavy human toll of the conflict. We’ll discuss the mounting costs of war. Plus, Anthony Fauci’s new warning about a mosquito-borne illness. And, is the pumpkin spice tax real?Here’s everything we talked about today:“Anthony Fauci: A Mosquito in My Backyard Made Me the Sickest I’ve Ever Been” from The New York Times “US spends a record $17.9 billion on military aid to Israel since last Oct. 7” from The Associated Press “United States Spending on Israel’s Military Operations and Related U.S. Operations in the Region, October 7, 2023-September 30, 2024” from the Watson Institute for International & Public Affairs at Brown University “Consumers Pay Up to 92% More for Pumpkin Items, but ‘Pumpkin Spice Tax’ Is Narrowing” from Lending Tree “Retail Investor Had Too Much Tesla” from Bloomberg Help us catch up to our Fall Fundraiser goal today: https://support.marketplace.org/smart-sn
The jobs report released today blew past economists’ forecasts, estimating that employers added about 250,000 jobs to the U.S. economy in September. Republican Sen. Marco Rubio is falsely claiming the jobs report is “fake.” We’ll get into how big economic data is being politicized. And, what happens when October surprises aren’t so surprising anymore? Plus, we’ll weigh in on “white labeling” and flying taxis during a round of Half Full / Half Empty!Here’s everything we talked about today:“October surprises are piling up, but a toss-up race seems impervious to shocks” from CNN Politics“Jack Smith’s latest filing in the Trump election case is no ‘Comey letter'” from MSNBC“‘Trump Bible’ one of few that meet Walters’ criteria for Oklahoma classrooms” from The OklahomanTweet from Sen. Marco Rubio about today’s jobs report“Not hearing back on job applications? Some career consultants suggest a bold new tactic.” from Business Insider“Denver is funding sidewalk maintenance with a property owner tax” from Marketplace“Why do retailers white label certain products?” from Marketplace“Costco adds platinum bars to its precious metals lineup” from CNBC“Toyota puts another $500 million in an air taxi startup” from The VergeDon’t let us fall short. We need your help to reach our Fall Fundraiser goal today!: https://support.marketplace.org/smart-sn
After the Federal Reserve’s recent move to cut interest rates, you had questions. Lots of them! Today, we’re answering your questions about why the Fed doesn’t hold more meetings, why it tends to adjust interest rates in quarter-percentage-point increments, and why it’s target inflation rate is 2%. Plus, Kai Ryssdal unpacks the wonky relationship between the federal funds rate and the Treasury bond market.Here’s everything we talked about today:“Introduction to the FOMC” from the Federal Reserve Bank of St. Louis“A brief history of the Federal Reserve’s emergency rate shifts” from The Los Angeles Times“Why does the Federal Reserve raise rates in quarter percentages?” from Marketplace“Federal Reserve issues FOMC statement of longer-run goals and policy strategy” from the Federal Reserve“Why the Fed Targets a 2 Percent Inflation Rate” from the Federal Reserve Bank of St. Louis“The Fed cut rates, but the yield on the 10-year T-note is up” from Marketplace“How Might Increases in the Fed Funds Rate Impact Other Interest Rates?” from the Federal Reserve Bank of St. LouisJoin us tomorrow for Economics on Tap. The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.
A 2016 trade law has made it easier for fast-fashion companies like Temu and Shein to ship massive volumes of cheap clothes to customers in the United States. Now drug traffickers are exploiting that same law to import fentanyl ingredients. We’ll get into it. And, Kai watched last night’s vice presidential debate after all. The hosts share their takeaways. Plus, a story about repurposing old newspaper boxes takes us to nostalgia central.Here’s everything we talked about today:“How fentanyl traffickers are exploiting a U.S. trade law” from Reuters“Takeaways from the VP debate between JD Vance and Tim Walz” from AP News“People fill old newspaper boxes with movies, call it ‘Free Blockbuster’” from The Washington PostWe love to hear from you. Email your comments and questions to makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
All sorts of statistics related to immigration are being thrown around in debates, speeches and campaign ads ahead of this year’s election. Immigration estimates are painstakingly calculated by various government agencies. But lately, economists have been wrangling with wide gaps between some of these numbers. On the show today, Jed Kolko, former under secretary for economic affairs at the U.S. Department of Commerce, explains how government agencies actually crunch immigration numbers, why two agencies’ estimates aren’t matching up right now and why accurate immigration data is crucial to how we understand the economy and setting economic policy. Then, we’ll get into why the ongoing dockworkers’ strike is about more than just higher wages. And, we’ll get smarter about a common cooking herb.Here’s everything we talked about today:“Can new data solve an immigration puzzle?” from Slow Boring“What we know about unauthorized immigrants living in the U.S.” from Pew Research Center“Unprecedented U.S. immigration surge boosts job growth, output” from the Federal Reserve Bank of Dallas“Key findings about U.S. immigrants” from Pew Research Center“New immigration estimates help make sense of the pace of employment” from Brookings“Opinion | The real reason 47,000 dock workers are on strike: Automation” from The Washington Post“Robots, automation a big factor in U.S. port strike” from Quartz“Tim Walz and JD Vance’s 2024 VP debate is tonight. Here’s what to know.” from CBS NewsHelp us reach our Fall Fundraiser goal to hear from 2,500 Marketplace Investors. Give right now: https://support.marketplace.org/smart-sn
Recovery efforts are continuing in the aftermath of Hurricane Helene, which made landfall in Florida last Thursday and caused widespread devastation across several southeastern states. We talk about the cost of moving to areas prone to natural disasters. Plus, why Americans now, more than ever, are reliant on state and federal support to supplement their incomes. Then, Kai has a Jon Stewart moment. And, the backstory of an iconic photo from the 1970s of a group of friends enjoying an extravagant breakfast at the National Mall has us smiling!Here’s everything we talked about today:“Where Americans Have Been Moving Into Disaster-Prone Areas” from The New York Times“Welcome Home, Hostages, and Pay Up” from The Wall Street Journal“Americans Are More Reliant Than Ever on Government Aid” from The Wall Street Journal“How this first-time voter is helping other students get registered” from The Washington Post“The real story behind the iconic 1974 breakfast photo at the National Mall” [gift link] from The Washington Post We love to hear from you. Email your comments and questions to makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Branding is big in contemporary political campaigns. But some candidates are going to odd lengths to appeal to women in 2024. We’ll explain. Plus, the wave of new state voting laws since 2020 has the potential to dramatically reshape ballot access in the 2024 election. And we’ll weigh in on the doomsday prepping economy and “fridgescaping” during a round of Half Full/Half Empty!Here’s everything we talked about today:“G.O.P. Candidates, Looking to Soften Their Image, Turn to Their Wives” from The New York Times“In the tightest states, new voting laws could tip the outcome in November” from Stateline“Battleground State Removes Nearly 10 Percent of Voters for Being Ineligible” from Newsweek“VoteFlare’s mission to upgrade voter communication” from Marketplace“In uncertain times, the prepper supply business is booming” from Marketplace“Spurned by Social Media, Publishers Chase Readers on WhatsApp” from The New York Times“Southwest may need to change the perks that made customers loyal” from Marketplace“Earth will capture ‘second moon’ this weekend, scientists say” from Space“The pros and cons of fridgescaping your refrigerator” from The Washington PostNew artist-designed Marketplace sweatshirts are half off this weekend! Invest in Marketplace and get yours: https://support.marketplace.org/smart-sn
In a speech outlining her economic vision this week, Vice President Kamala Harris said she’d boost manufacturing in the United States by supporting trade school programs and getting rid of unnecessary college-degree requirements for federal jobs. We’ll get into it. And, we’ll explain why the DOJ is suing Visa. Plus, European Central Bank President Christine Lagarde’s wild search for butter prices.Here’s everything we talked about today:“Harris pledges ‘pragmatic’ approach to the economy in Pittsburgh speech” from Politico“Kamala Harris says she will cut degree requirements for certain federal jobs” from Reuters“Justice Department Sues Visa for Monopolizing Debit Markets” from the Department of Justice“Justice Department accuses Visa of stifling competition in the debit card business” from NPR“Cruz gets heated after Booker blocks deepfake revenge porn bill” from The Hill“Christine Lagarde – Stabilizing Inflation & Regulating AI for the Global Economy” from the Daily ShowJoin us tomorrow for “Economics on Tap.” The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.
Congress has agreed on a temporary spending bill to fund the federal government through Dec. 20. The House GOP’s hotly debated SAVE Act didn’t make the final cut. We’ll get into what did make it into the bill beyond bare-bones funding measures. And, a wave of homeowners are looking to refinance their mortgages as borrowing costs ease. Plus, we’ll cry happy tears over a “Homeward Bound” story come to life.Here’s everything we talked about today:“Kushner’s Fund Has Reaped Millions in Fees, but So Far Returned No Profits” from The New York Times“US Mortgage Rates Fall Again, Triggering Big Wave of Refinancing” from Bloomberg“The final countdown” from Punchbowl News“Shippers scramble for workarounds ahead of looming US East Coast port strike” from Reuters“Cat Missing in Yellowstone Returns Home to California After an 800-Mile Trek” from The New York TimesTweet from Jacqui Heinrich about President Biden’s hot mic moment on “The View”Got any questions about inflation or interest rates? Send ’em to makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Kai Ryssdal takes over the mic today as he digs into the U.S. military’s climate change paradox. While the military is fueling the climate crisis, it’s also on the frontlines of the fallout. It’s an issue that hits home for Kai, a Navy veteran. And it’s all part of the latest season of Marketplace’s climate solutions podcast, “How We Survive.” Listen and subscribe wherever you get your podcasts.
The 1979 disaster at the Three Mile Island nuclear power plant helped define the energy conversation in the United States. Now it’s being reopened to help power artificial intelligence. We’ll get into the deal between the owner of the plant and Microsoft. Plus, the hosts weigh in on how some schools are warming up to AI and whether companies should take a political stand in a game of Half-Full/Half-Empty.Here’s everything we talked about:“How Sparing the Parkland Shooter’s Life Changed Florida’s Death Penalty” from The Marshall Project “Microsoft AI Needs So Much Power It’s Tapping Site of US Nuclear Meltdown” from Bloomberg “Three Mile Island’s Nuclear Plant to Reopen, Help Power Microsoft’s AI Centers” from WSJ If you’re in the Denver area, join Kimberly Adams for a live panel discussion on the economics of being single on Sept. 23. Make Me Smart listeners get a discount with the promo code SMART. And if you can’t make it in person, join the livestream on Monday at 6:30 p.m. Mountain time.
This year, fake content generated by artificial intelligence hasn’t created the massive election mess that many assumed it would in the United States … at least not yet. At a Senate hearing, tech executives pointed to recent efforts by Russia, China, and Iran to interfere with the upcoming election. And, no, the Teamsters union did not endorse former President Trump. We’ll explain. Plus, we’ll get into the ongoing strike at Boeing and Vice President Kamala Harris’ plan for a cap on childcare costs.Here’s everything we talked about today:“Censorship accusations loom over Big Tech hearing on election threats” from The Verge“Teamsters union declines to endorse Trump or Harris in presidential race” from NPR“Harris wants to limit child care costs to 7% of family income” from CNN Politics“Transportation Secretary Pete Buttigieg on the economy, potential U.S. port strike and Boeing strike” from CNBC“Boeing Workers Go on Strike: What to Know” from The New York Times“Boeing Furloughs White-Collar Workers as Strike Worsens Cash Crunch” from The Wall Street JournalJoin us tomorrow for Economics on Tap. The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.
The Federal Reserve today said it’s lowering its benchmark interest rate by half a percentage point. The rate cut is bigger than we’d predicted, and bigger than what the Fed normally does, but its effects will take some time to ripple through the economy. We’ll also get into former President Donald Trump’s switch-up on the state and local tax deduction cap and why Sen. Rand Paul wants Congress to reclaim power over tariffs.Here’s everything we talked about today:“Federal Reserve lowers interest rates by 0.50 percentage points in first cut since 2020” from CBS News“Dr. Rand Paul Celebrates Constitution Day with the No Taxation Without Representation Act” from Sen. Rand PaulTweet from Burgess Everett about Rand Paul’s tariff proposal“Trump signals SALT deduction cap reversal” from Axios“Schumer calls out Trump for ‘selective amnesia’ on SALT” from The Hill“NPR Exclusive: U.S. overdose deaths plummet, saving thousands of lives” from NPRWe love to hear from you. Email your comments and questions to makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
The Federal Reserve is expected to cut interest rates this week for the first time in four years. It would be a major milestone in the central bank’s long fight to get inflation under control. The Fed changes interest rates to keep inflation in check. But inflation is a complex phenomenon, and people have different ideas about what drives it. On the show today, Harvard economics professor Stefanie Stantcheva explains what Americans believe about the root causes of inflation and how the government should manage it, how views differ along party lines and the role media play. Then, the narrative around retail theft is changing. And, comedian Rola Z who hosts the “Funny Arabs” show in Washington, D.C., answers the Make Me Smart question.Here’s everything we talked about today:“People’s Understanding of Inflation” from the Social Economics Lab at Harvard“The Fed And Public Opinion” from Forbes“What actually happens when the Fed cuts interest rates?” from Marketplace“No, Americans Are Not Completely Stupid About Inflation” from The New York Times“The Growing Use of Voting Before Election Day” from the Center for Election Innovation and Research“America’s stores are winning the war on shoplifting” from CNN Business“Federal Debt Is Soaring. Here’s Why Trump and Harris Aren’t Talking About It.” from The Wall Street Journal“How would Project 2025 impact troops and veterans?” from Military TimesWe want to hear your answer to the Make Me Smart question. Leave us a voicemail at 508-U-B-SMART or email us at makemesmart@marketplace.org.
It’s decision week for the Federal Reserve! Chair Jerome Powell and his colleagues are expected to reduce interest rates for the first time since 2020. Investors are predicting a half-percentage-point cut, but we’re on Team 25. We’ll explain why. Plus, the origin of the false rumors about Haitian immigrants that reached the presidential debate stage. And why the cost of your Temu and Shein orders may go up.Here’s everything we talked about today:“Stock Market Today: Investors Bet on Bigger Fed Cut” from The Wall Street Journal“Elon Musk Writes, Then Deletes, a Post Musing About Threats to Biden and Harris” from The New York Times“Biden Takes Aim at China’s Temu and Shein With Trade Crackdown” from The Wall Street Journal“‘It just exploded’: Springfield woman claims she never meant to spark false rumors about Haitians” from NBC News“In celebration of being a terrible gardener” from The Washington Post We love to hear from you. Email your comments and questions to makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Former President Donald Trump has said he wants to get rid of federal taxes on tips and Social Security benefits. Now he’s adding overtime pay to the list. We’ll get into it. And, could online dating be making income inequality worse? Plus, we’ll weigh in on foldable phones and Friday the 13th superstitions in a game of Half Full/Half Empty!Here’s everything we talked about today:“Next Up in Trump’s No-Tax Zone: Overtime Pay” from The Wall Street Journal“Donald Trump Prepares to Unveil World Liberty Financial, a Cryptocurrency Business” from The New York Times“From Dating to Marriage: Has Online Dating Made a Difference?” from the Federal Reserve Bank of St. Louis“Tech companies commit to fighting harmful AI sexual imagery by curbing nudity from datasets” from AP News“How Taylor Swift’s endorsement of Harris could change the election end game” from ABC News“United Airlines to offer free Wi-Fi using Starlink from Elon Musk’s SpaceX” from CNBC“Walmart is leaning into fashion. Will the move work?” from Marketplace“Huawei’s new trifold phone costs more than a 16-inch MacBook Pro” from The Verge“What is Friday the 13th and why is it considered unlucky? Here’s why some are superstitious” from USA TodayKimberly Adams is headed to the Mile High City. Join us for a live panel discussion on the singles economy Sept. 23 in Denver. Use promo code “SMART” for a special discount on your ticket. We hope to see you there.
Today, SpaceX’s crew of billionaire Jared Isaacman and three other private astronauts completed the world’s first-ever commercial spacewalk. We’ll get into it. And, Congress is quickly approaching yet another deadline to avoid a government shutdown. What’s holding up lawmakers from voting on a temporary spending bill? Plus, we’ll break down what’s been going on with oil prices this week and the latest in Apple’s foray into the world of artificial intelligence.Here’s everything we talked about today:“SpaceX Polaris Dawn astronauts complete 1st private spacewalk (video)” from Space“Speaker Johnson pulls Wednesday vote on government funding plan amid GOP divisions” from CNN Politics“House Speaker Johnson pulls government funding bill” from CNBC“Oil prices close at lowest level since December 2021 as OPEC cuts forecast” from CNBC“Apple Intelligence comes to iPhone, iPad, and Mac starting next month” from AppleJoin us tomorrow for Economics on Tap. The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.
Last night’s presidential debate between Vice President Kamala Harris and former President Donald Trump kicked off with a question about the economy — often cited as the top issue for voters. But the discussion that followed was notably light on economic policy. So, can the state of the economy swing this election? And, we’ll get into more takeaways from the big debate. Plus, are run clubs and grocery stores the new dating apps for singles? Here’s everything we talked about today:“Harris-Trump debate takeaways: Clashes on race, abortion, economy” from AP News“Fact-checking Kamala Harris and Donald Trump’s 1st presidential debate” from ABC News“Trump “less inclined” to do another debate with Harris” from Axios“First it was childless cat ladies. Now it’s eating cats. How the topic led to ‘ALF’ memes” from Yahoo News“Love on Aisle 9? A TikTok Fad Fills Grocery Stores With Singles.” from The New York Times“Run clubs in NYC have just become another oversaturated dating market, singles say” from NBC NewsKimberly Adams is headed to the Mile High City. Join us for a live panel discussion on the singles economy Sept. 23. in Denver. Use promo code “SMART” for a special discount on your ticket. We hope to see you there.
Today we’re talking about Project 2025, the 922-page set of conservative policy proposals written as a blueprint for a second Donald Trump administration by the Heritage Foundation think tank.E.J. Fagan, political science professor at the University of Illinois at Chicago and author of “The Thinkers: The Rise of Partisan Think Tanks and the Polarization of American Politics,” said Project 2025 is not your run-of-the-mill policy guide like the ones the Heritage Foundation has written for decades.“When you read this document, Project 2025, it’s a much different document than previous ones. It is not just conservative policy recommendations, but options that conservatives and a new Trump administration could use to bypass American constitutional government,” said Fagan.On the show today, Fagan explains how the Heritage Foundation became closely allied with former President Trump, how their Schedule F plan could drastically transform the vast federal workforce and what it could mean for the economy.Then, we’ll get into what the Chase “ATM glitch” fiasco tells us about the state of financial literacy. And, some good news from the Census Bureau about household incomes.Plus, a call for a revolt against the penny from one listener and a vocab lesson from another.Here’s everything we talked about today:“Project 2025: The myths and the facts” from Vox“Trump’s second-term agenda takes aim at federal workforce, union leaders warn” from The Washington Post“House Republican Agendas and Project 2025 Would Increase Poverty and Hardship, Drive Up the Uninsured Rate, and Disinvest From People, Communities, and the Economy” from the Center on Budget and Policy Priorities“What is Project 2025? Wish list for a Trump presidency, explained” from BBC News  “David Sedaris Reads George Saunders” from The New Yorker “JPMorgan Plans to Report Customers Who Exploited TikTok ‘Glitch’ to Authorities” from The Wall Street Journal “The real problem with the Chase ‘ATM glitch'” from Axios “US Incomes Climbed Last Year, Census Bureau Says” from The Wall Street Journal We want to hear your answer to the Make Me Smart question. Leave us a voicemail at 508-U-B-SMART or email us at makemesmart@marketplace.org.
The Joe Biden administration announced a final rule aimed at making sure insurance coverage for mental health and substance abuse disorders is on par with traditional medical benefits. We’ll explain why the Supreme Court’s Chevron decision poses a threat to the rule. Plus, the Supreme Court’s emergency docket is filling up with challenges to Environmental Protection Agency standards. And, we’ll talk about a Paralympic marathoner who opted to help out her stumbling guide, even if it cost her a medal.Here’s everything we talked about today:“Supreme Court Is Swamped With Emergency Appeals, Led by Challenges to EPA” from The Wall Street Journal“Biden administration finalizes rule to strengthen mental health parity law” from Reuters“Supreme Court’s Chevron Decision Threatens Decades of Progress in Access to Mental Health Care” from MedCity News“New Mental Health Rule Introduces Employer Benefit Parity Test” from Bloomberg Law“Paralympic Marathoner Loses Medal After Helping Her Guide Yards From Finish” from The New York TimesWe love to hear from you. Email your comments and questions to makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
The IRS and U.S. Treasury Department announced today the recovery of $1.3 billion from high-income tax dodgers since last fall, citing funding from President Joe Biden’s Inflation Reduction Act as the catalyst for increased collection enforcement efforts. And we hear about the a new investigation into airline rewards programs. Plus, we discuss the value of musical-turned-movie remakes during a game of Half Full/Half Empty! And, a little PSA about 401(k)s.Here’s everything we talked about today:“Treasury recovers $1.3 billion in unpaid taxes from high-wealth tax dodgers” from The Associated Press“Saturn’s majestic rings will vanish in just six months from now” from Earth.com“The impending private equity blitz on NFL teams” from “Make Me Smart” newsletter“Airlines such as American, United, Delta, face DOT investigation over rewards programs” from Fox Business“Dancing With the Stars reveals cast for season 33: ’90s icons, reality stars, Olympians, and a fake heiress” from Entertainment Weekly“Say Goodbye to Daily Hotel Room Cleaning” from The New York Times“Adults are cashing in on lemonade stands” from Marketplace“Movie musicals — yes, including the ‘Joker’ sequel — you could fall for” from The Washington PostKick off your weekend with our “Tunes on Tap” Spotify playlist featuring some of our favorite summer jams! Get the playlist here.
The Harris campaign is proposing a bump in the capital gains tax that’s well below the rate President Biden had put forward. We’ll get into why remixing Biden’s tax plan scored her some points with corporate supporters. And, we’ll explain the fight between Disney and DirecTV that’s causing channel outages for subscribers. Plus, why Medicaid patients are struggling to access GLP-1 weight loss drugs and what the vibes are in the restaurant industry right now.Here’s everything we talked about today:“Harris Tells the Business Community: I’m Friendlier Than Biden” from The New York Times“DirecTV chief content officer on ESPN blackout: Disney is still mandating minimum penetration” from CNBC“TV viewers get screwed again as Disney channels are blacked out on DirecTV” from Ars Technica“Disney networks go dark on DirecTV amid carriage dispute” from Axios“DirecTV is compensating customers affected by the Disney outage. But they have to take action to get it” from CNN“Who’s able to get weight loss drugs like Ozempic and Wegovy?” from Marketplace“Restaurant industry still struggles with staffing, consultant says” from MarketplaceJoin us tomorrow for Economics on Tap. The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.
The artificial intelligence company Anthropic is launching a new product targeted at businesses. It’s a step above the company’s consumer-facing products, like its popular chatbot Claude. We’ll explain what it could mean for human jobs. And, we’ll get into the White House efforts to combat Russian-backed attempts to influence the November presidential election. Plus, we’ll smile about 385 million-year-old fish fossils and an unsung hero who’s made coal mining a safer job. Here’s everything we talked about today:“Amazon-backed Anthropic rolls out Claude AI for big business” from CNBC“Biden administration announces major actions to tackle Russian efforts to influence 2024 election” from CNN Politics“Opinion | The Canary” (gift link) from The Washington Post“Fossils of 385 million-year-old fish found in pavement” from BBC NewsWe love to hear from you. Email your comments and questions to makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.