Marketplace All-in-One

Companies are using AI tools more every day. Some, like Meta, are even encouraging employees to use as many AI tokens as possible. But companies also spending more to access the technology — most AI firms bill per token, and those costs add up. In this episode, there’s no such thing as free AI. Plus: Procter & Gamble posts strong earnings, Kai visits LA’s first women’s sports bar, and we discuss the latest Federal Reserve news.

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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.

Are you team camping or glamping? On today’s show, we’re checking in on the outdoor recreation economy in the Western United States. KUNC’s Mountain West News Bureau reporter Rachel Cohen joins Kimberly to unpack the pressures facing the industry, from climate change to Trump administration policies. Plus, will President Trump’s new $100 foreign tourist fee hurt national parks?

Here’s everything we talked about today:

"The Mountain West’s outdoor economy continues to grow – but pace may be slowing" from KUNC
"Ski resorts gain year-round adaptability in Forest Service rule" from KUNC
"Visits to national parks dipped slightly in 2025—after a record-breaking year" from KUNC
"Forest Service plans to move D.C. headquarters to Salt Lake City" from KUNC

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The Federal Reserve has two jobs: promote job growth and control inflation. To do that, it sets interest rates. It also buys bonds and securities to influence those markets, and is now sitting on a massive $6.5 trillion pile. President Trump's nominee for Fed Chair, Kevin Warsh, wants to shrink that asset pile. We'll dig in. Also: optimism from one soon-to-be grad. Plus, how much longer can the standoff in Iran last before oil markets have to respond?

When we talk about who makes up the economy, we're often talking about workers a company formally employs. But a lot of people find themselves working in the informal economy — generally defined as economic activity that falls outside of official regulation. It's not taxed, not tracked, and is mostly invisible to official statistics. Today, we'll dig into its importance and risks. But first, marijuana gets a tax break.

This week, Meta is reportedly laying off 10% of its workers. But in the meantime, it's also capturing their mouse clicks to train its AI models. Plus, Roblox settles with states over child safety concerns.

But first, Apple's CEO is stepping down. The company announced this week that CEO Tim Cook is moving on from that role after about 15 years. His successor is John Ternus, a senior vice president of hardware engineering at the company. Marketplace’s Stephanie Hughes spoke with Anita Ramaswamy, a columnist at The Information, about all these headlines for this week’s “Tech Bytes: Week in Review.”