Every weekday, host Kai Ryssdal helps you make sense of the day’s business and economic news — no econ degree or finance background required. “Marketplace” take... More
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General Motors’ goal? All electric, all the time
General Motors, the largest U.S. automaker by sales, also wants to be the country’s leading electric vehicle company. On today’s program, we’ll hear from GM CEO Mary Barra about EV batteries, charging infrastructure and how the company plans to get America to drive electric. We’ll also learn why imports from China have slumped and why Texas is investing in battery capacity for renewable energy.
A “considerable slowdown” in wage growth
The Federal Reserve has tons of data to pore over before deciding whether to raise interest rates next week. Here’s one more: Research from employment website Indeed — a Marketplace underwriter — shows that wage gains are slowing and job postings are falling. We’ll discuss the impacts. Plus, why retailers rarely come back from bankruptcy and why we care about what CEOs think about the economy.
What’s behind the SEC’s crypto lawsuits?
The Securities and Exchange Commission has sued two crypto exchanges, Coinbase and Binance. The cases pose an existential question: Are cryptocurrencies like securities, commodities or something else? The answer would dictate how crypto is regulated and could have far-reaching ripple effects. Also on the program: the closed IPO window, accolades for Indigenous cuisine and the entrepreneurial drive among immigrant women.
Saudi Arabia’s oil cuts may not mean higher gas prices
Saudi Arabia is cutting oil production by nearly a million barrels a day in hopes of boosting prices. Thing is, plenty of supply and weaker global demand could derail its effort. Plus, construction spending is a bright spot in U.S. manufacturing, office space owners reel from remote work, and Make-A-Wish plays catch-up on a backlog of Disney wishes.
Women’s labor force participation rate hits an all-time high
The labor force participation rate for “prime working age” women has peaked. That’s a pretty big deal after a dramatic drop of working women — particularly mothers — during the pandemic. Today, we’ll look at what brought women back to the workforce so quickly. We’ll also outline what happens now that we’ve reached a debt limit deal and tally the costs of catalytic converter thefts.
Every weekday, host Kai Ryssdal helps you make sense of the day’s business and economic news — no econ degree or finance background required. “Marketplace” takes you beyond the numbers, bringing you context. Our team of reporters all over the world speak with CEOs, policymakers and regular people just trying to get by.