Powell's farewell?

Wednesday marked Jerome Powell’s final FOMC meeting as chair of the Federal Reserve. Central bank leaders held rates steady this week, though with the most dissenting votes in over 30 years. Powell also announced his intent to stay on as a Fed governor — the first chair to do so since 1948. In this episode, we recap Powell’s tenure as head of the Fed and unpack his latest press conference. Plus: Companies issue more corporate debt, Taco Bell outperforms sales expectations, and AI spawns new cybersecurity headaches.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.

The U.S. Federal Reserve meets this week — so do central banks in Japan, England, Canada, and the European Union. Most will keep rates unchanged for now, as war in the Middle East shakes up the global status quo. But as other banks weigh imminent rate hikes, the U.S. may move in the opposite direction. More on why in today’s episode. Plus: Consumer sentiment crept up in April, Medicaid cuts slash pediatric care options, and five Big Tech firms post earnings this week.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.

It’s been a trend for a year now — home prices are up even though demand is sluggish. As Americans face growing economic uncertainty and rising costs, many are staying put. So why won’t home prices cool off? We’ll explain. Also in this episode: Tighter budgets mean fewer orders at Domino’s, air taxis take to the sky in New York City, and banks fret over new stablecoin legislation.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.

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.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.

Business activity growth soared in April, according to S&P Global’s purchasing managers index. The topline number might sound rosy, but experts think the growth spurt is really a sign of fear. In this episode, why businesses spent month two of the war in Iran stockpiling goods. Plus: Avis experiences a stock market “short squeeze,” business owners apply for the first round of tariff refunds, and we look back at the 1970s to understand the economics of oil price caps.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.

Boeing posted strong Q1 earnings Wednesday, and executives breathed a sigh of relief. The aircraft manufacturer survived several years of significant tumult, which included labor disputes, plane malfunctions, a production backlog, and shifting FAA restrictions. In this episode, how Boeing managed a comeback. Plus: Prediction markets Kalshi and Polymarket will start offering perpetual futures, carmakers push to follow Tesla’s direct-to-consumer sales model, and tariffs disrupt regular shipping cycles.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.

Haven’t you always wished for robots to do menial labor? That’s sort of what agentic artificial intelligence is — rather than existing solely in a chat box, the technology can excecute complex tasks. These “helpers” have spurred a rat race in certain tech circles: With the help of personalized AI agents, just how productive can you be? Also in this episode: The U.S. dollar drags, budget airlines seek relief from high jet fuel prices, and consumers use credit to keep up with daily expenses.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.

Rising gas prices, stemming from President Trump’s war against Iran, have frustrated drivers all spring. But diesel prices are up too, and diesel is the real engine of our economy. In this episode, small business owners face higher costs and uncertainty as diesel prices climb. Plus: Consumer sentiment reaches record lows even as spending remains stable, economists and farmers explain why tomato prices rose 15% in a month, and bond traders expect the Fed to hold rates steady all year.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.

QVC, which pioneered live TV shopping shows, filed for Chapter 11 bankruptcy this week. Leadership made the next step clear: a pivot away from television and toward something akin to social commerce, like livestreamed sales on TikTok Shop. But can the legacy brand compete with new, social media-driven shopping platforms? And after that, we wrap up Kai and Nela’s trip to Vietnam with visits to an AI startup and a neighborhood of expats.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.

Cautious employers are hiring more temporary workers, according to the Fed’s latest Beige Book. It's sort of a half-step toward creating permanent roles. The good news is temp jobs can be a leading indicator for overall job market strength. But contract work lacks the stability and benefits of full-time employment. Also in this episode: Kai visits a sprawling electronics street market and a tech startup in Vietnam, jet fuel shortages put Europe on edge, and we check in with a hog and soybean farmer in Illinois.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.