Marketplace All-in-One

Manufacturing production, new orders, imports, and exports were all up in May, according to the latest PMI report. The only piece of the manufacturing business that didn’t grow was the labor force — payrolls contracted for the 32nd month in a row. In this episode, how much can a sector grow without hiring more humans? Plus: Dollar stores dip into delivery, college campuses turn into robot training grounds, and new jobs data will tell us whether inflation growth keeps outpacing wage growth.

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Former Federal Reserve Chair Jerome Powell accepted the Profile in Courage award last night. Today, we'll delve into the role of the central bank, its current controversies, and signals from new Fed Chair Kevin Warsh. Then, there's another potential wrinkle in the tariff refund process. And later, who’s underrepresented when it comes to shaping AI policy? A new mapping tool aims to boost transparency over the future of AI.

Dollar General reports earnings tomorrow. The company already saw its stock jump last week after one of its rivals, Dollar Tree, reported a great first quarter. This hints at a growing demand for deals from consumers across the income spectrum who are feeling pinched by inflation. Then, we chat with the creators of an interactive map, which shows users the different companies and people who are shaping AI regulation across the U.S.

The price of oil has gone up significantly since late February, when the US invaded Iran. And when oil prices see a crazy rise, it makes other sources of energy look more attractive. But we’ve been here before - back in the 1970s, oil prices skyrocketed, and people started to turn to alternative or renewable energy sources. But, for a few reasons, it didn’t stick. Marketplace’s Stephanie Hughes explores why.

Hourly wages went up 1.7% over the past year, according to Indeed Hiring Lab. Salaried wages went up 2.9%, reversing a 2022 trend in which hourly raises outpaced salary raises. Still, there’s one thing all workers have in common: Neither group kept pace with inflation. Also in this episode: Oil futures tell us where fuel prices are headed, convenience stores transcend utility, and a travel nurse tells us about life on the road.

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.