Recession talks are receding and the the prospects of a soft landing are getting bigger, at least according to a new forecast by the National Association for Business Economics. But while the pros are betting the economy gets better and better this year, what about everyday folks? Then, we’ll pick up our discussion with model, entrepreneur and activist Bethann Hardison about the fits and starts of diversity in the fashion industry.

They say all politics is local. But what are voters to do to get reliable, fact-checked information about local issues and politics when they have few news coverage options? As part of this week’s “Democracy in the Desert” series, we travel to Val Verde County, Texas, to hear how voters get their news ahead of Super Tuesday. Plus, AT&T will give a $5 credit to customers most affected by last week’s network outage.

From the BBC World Service: Europe’s biggest low cost airline, Ryanair, is warning of a 10% rise in ticket prices this summer because delayed deliveries of new aircraft from Boeing could affect capacity. We’ll discuss. Plus, how is Russia’s economy faring after two years of sanctions? Then, we’ll discuss the death of Zong Qinghou, the billionaire beverage magnate who was China’s richest man.

A new AARP survey of women age 50 and up is out. They’re a large demographic — 62 million, according to AARP — and are more likely to vote than other cohorts. They’re also a swing voting bloc, and rising costs are dragging down their personal economies. We’ll also learn about new tribal gaming compacts aimed at protecting tribes’ interests and hear why one economist is watching productivity gains.

For our Econ Extra Credit series this month, we’re watching “Invisible Beauty,” an autobiographical film exploring the life and work of model and activist Bethann Hardison. Today, “Marketplace Morning Report” host David Brancaccio is in conversation with Hardison to discuss a major cultural moment — walking for designer Chester Weinberg in the ’70s — and how she helped inspire a shift in the world of modeling and fashion. But first, Reddit goes for the IPO. Sign up for our Econ Extra Credit newsletter now.

From the BBC World Service: As Ukraine prepares to mark two years since Russia’s invasion, the International Monetary Fund says the country’s economy is holding up — but funding from the U.S. and other international backers remains essential. In Ukraine, however, delays in international funding are weighing on confidence. Plus, could menopause be considered a disability? Then, a look at the link between trade deals and panda deals.

Commercial real estate is a market that’s been sagging with lots of people still working from home. That’s been a source of consternation for regional banks with exposure to commercial real estate, like New York Community Bancorp, which Moody’s recently downgraded. But is all this anxiety actually overblown? We dig in. Plus, Japan’s stock market climbs out of a decadeslong slump, and the first online-only grocer will soon begin accepting SNAP benefits.

In a bright spot for news on the climate crisis, new data shows that U.S. carbon emissions dipped by 1.8% last year. Most of the reduction in emissions is coming from the power sector. We’ll explore what’s driving the shift and where progress still needs to be made. Plus, Nvidia saw a 265% revenue bump from a year ago. Then, inflation and health care remain key worries for voters.

From the BBC World Service: Tokyo’s main stock exchange closed at a record high on Thursday, beating a three-decade old record and largely due to semiconductor microchips. The surge comes after U.S.-based chipmaker Nvidia posted Q4 financial results that beat estimates. An Nvidia-based bounce drove tech stocks in Europe too. Also on the program: How will Albania’s controversial migration deal with Italy work?

Nvidia, maker of semiconductor chips used for generative AI, reports its Q4 financial results after markets close on Wednesday. The company has forecast major revenue gains, but there was a wave of nervous selling yesterday and the stock is down so far this morning. What should we expect today? Then: the latest student loan forgiveness program, the Richmond Fed president on price hikes’ inflationary impact and a shortage of coins in the Philippines.

As part of our Econ Extra Credit series, we’re exploring race and representation in the world of fashion. Today, we’re joined by fashion and costume historian Shelby Ivey Christie to discuss the industry’s inconsistencies on diversity — including on the runway and on magazine covers, as well as in boardrooms and editorial departments. Also, homeownership swelled before mortgage rates spiked, but disparities remain. Sign up for our Econ Extra Credit newsletter now.

From the BBC World Service: Saturday marks two years since Russia invaded Ukraine. As the conflict continues, rebuilding is a major concern for residents and businesses there – so where’s the money going to come from? Plus, campaigners say beef production by major meatpackers has been linked to illegal deforestation in Brazil, and some retailers in The Philippines are giving customers candy rather than small change because of a coin shortage.

Once upon a time, Sears department stores were everywhere. A subsidiary of Sears launched the Discover card in 1986. It wasn’t unusual for department stores to offer their own credits cards, but the Discover card was accepted by other merchants. Today, we’ll hear a brief primer on the history that predated the recently announced Capital One-Discover purchase. Plus, China slashes mortgage rates, and northeastern Spain faces tough water restrictions.

Capital One says it’s reached an all-stock deal to take over Discover Financial Services. The acquisition would create a stronger rival to Visa and Mastercard, but it’s far from a done deal and is likely to face heavy scrutiny from regulators. Also on the show: why the average age of Americans farmer is on the rise, and what the producer price index can reveal about inflationary trends.

From the BBC World Service: China’s C919 jetliner is being showcased at the Singapore Airshow. Its Beijing-backed manufacturer is hoping the plane will be a challenger to Airbus’ A320 and Boeing’s 737 Max. Then, doctors in South Korea are striking in protest at plans to train more physicians. And in Spain, the northeastern region of Catalonia has been suffering a record-breaking drought, and a state of emergency has been declared.

Newer technologies allow us to pay using smartphones, smartwatches or even the palms of our hands. But what could you do before such technologies existed … in a place where there aren’t any pockets? Today, we’ll revisit a 1991 story in which Marketplace’s David Brancaccio explored and exposed the payment systems of Cap d’Agde, a naturist village and resort in France. Plus, a look at the economic issues likely to arise at CPAC.

If you could pay for things with just a wave of your hand, would you? Now, Amazon One, tech that scans your hand and links your identity to your credit card, has been rolled out at multiple Whole Foods locations. We’ll hear what the odds of this new tech taking off are and what happens to all that biometric data. Plus, construction companies are still struggling to find building materials.

From the BBC World Service: Japan’s remote Noto Peninsula was rocked by a deadly New Year’s Day earthquake, which killed more than 200 people and damaged or destroyed some 55,000 homes. Communities are still without basics services such as water. First, after weeks of farming protests in Europe, farmers stage demonstrations over European Union agricultural policies in the capital of the Czech Republic.

Microsoft, the owner of Xbox, announced on Thursday that it’s bringing several previously Xbox exclusive games to rival consoles. More could be coming. Playstation and Nintendo have historically used games that can only be played on their gaming consoles to help drive console sales. So what’s behind the shift in strategy for Xbox? Also on the show: closer examinations of wholesale prices and the Biden administration’s latest attempt at student loan cancellation.

Last week, the Federal Communications Commission banned robocalls that use voices generated by artificial intelligence. This comes after New Hampshire voters received phone calls during that state’s primary, which used AI to imitate President Joe Biden and discourage people from heading to the polls. Today, we hear how generative AI is being used to manipulate and what consumers can do to protect themselves. Also: a disappointing snapshot of the manufacturing economy.

From the BBC World Service: Aviation was responsible for 2% of global carbon emissions last year, according to the International Energy Agency, and the industry is under pressure to develop greener engines. But the boss of Airbus, one of the world’s biggest airplane makers, doesn’t think progress is speedy enough. Plus, political drama and a tax investigation ahead of India’s elections and an exploration of dynamic pricing.

Turns out, we weren’t very spendy in the first month of the year. In January, retail sales were down 0.8% — more than many economists expected. It’s an indicator that consumers are feeling weary of high prices and becoming more value-oriented. We’ll discuss. Also on the show: Express, once a mainstay of every mall, could soon file for bankruptcy. Then, college endowments see big returns thanks to solid stock market gains.

Since President Joe Biden took office, more than 3.6 million people have had their federal loans forgiven in full. But what’s that mean for your tax bill? While you don’t have to worry about federal taxes, state taxes could be another story. We’ll provide a helpful explainer. Plus, consumers complain about high prices but spend anyway, and that’s helping turn shoppers on to off brands.

From the BBC World Service: Japan’s economy unexpectedly shrank for the second quarter in a row last year, meaning the country has slipped into recession and lost its spot as the world’s third largest economy. Meanwhile, the U.K. also fell into recession during the final three months of last year. Plus, thousands of vehicles shipped by Volkswagen have been held up at U.S. ports over a Chinese-made component.

Can Can Culinary Cabaret is nestled in Seattle’s historic Pike Place Market. But the COVID-19 pandemic radically transformed the business, its audiences and the performers who keep the show going. Today, we’ll hear about its return to something that resembles “normal” and what that path was like for onstage storytellers and artists. We’ll also look at how U.S. inflation figures and interest rates affect economies around the globe.

Lovers and chocolate lovers beware: If you’re eyeing a heart-shaped box of chocolates for Valentine’s Day, those bonbons are going to come at a cost. Cocoa prices recently hit an all-time high and sugar prices have spiked too. Rather bittersweet, huh? But first, Tuesday’s inflation data headed in the wrong direction — and markets were not pleased. Plus, why does Walmart want to buy bargain television brand Vizio?

From the BBC World Service: Indonesia is Southeast Asia’s largest economy and the world’s third largest democracy. Today, citizens vote in the presidential and legislative elections, which are dominated by issues like future growth and job opportunities. Meanwhile, farmers in India continue protests over the prices they receive for their goods. And we hear from Racheal Kundananji, the soccer player who has set a new transfer record with her move to San Francisco’s Bay FC.

Earlier this morning, the Senate approved a $95 billion aid package for Israel and Ukraine. Meanwhile, German Chancellor Olaf Scholz says Europe’s defense industries must switch toward arms productions. Manufacturers are struggling to meet demand for ammunition, as the war in Ukraine continues and fears of what another Donald Trump presidency could mean for U.S.-Europe security ties are renewed. Also: inflation lingers, and Airbnb adds yet another fee.

Modeling may seem glamorous, but the realities of the industry can be far from picture-perfect. Today, as part of our Econ Extra Credit series, we take a hard look at what is being done to protect models and hold the agencies that sometimes recruit and exploit them accountable. Also: the most watched program in U.S. history and a brief, planned Valentine’s Day strike among ride-share drivers.

From the BBC World Service: Police in Delhi banned all public gatherings after farmers threatened major demonstrations in India’s capital. Polish farmers stopped several Ukrainian trucks and emptied some of their grain cargo to protest what they say is unfair competition. And couples in the United Kingdom planning to grab takeout for a cozy Valentine’s night in may be disappointed as thousands of delivery drivers plan to go on strike.

Recession? What recession? Many economists predicted an economic downturn last year and were wrong. More are optimistic about the economy for the year ahead, but some now think that the Fed is keeping interest rates too high. We’ll discuss. Also on the show: We’ll examine how Ireland’s government and citizens are addressing booming migration.

Tax season is here. But if you’ve been putting off finding an accountant, good luck. Between a wave of retirees and a drop in the number of people graduating with accounting degrees, the profession is struggling to staff up — and many are turning away work. We’ll also take a look at what sorts of global risks economists are concerned about and what to make of rising mortgage debt.

From the BBC World Service: It’s alleged that Starlink, the internet connection system made by Elon Musk-owned SpaceX, is being used by Russian troops. Musk has previously made assurances that Russia wouldn’t be able to use to it. Then, construction of a new ammunition factory gets underway in Germany, and Ireland’s government struggles to provide housing and other necessities for migrants.

We’ll hear from Ad Age’s Jeanine Poggi about this year’s Super Bowl commercials: why brand are trying to keep their campaigns controversy-free and what representation looks like for the country’s most-watched event. Plus, inflation data analysis with FHN Financial’s Chris Low and an update on nuclear fusion technology from Europe.

The Senate Committee on Health, Education, Labor, and Pensions held a hearing yesterday for three pharmaceutical CEOS on “outrageous” drug prices when compared to other countries. Plus, Super Bowl ad trends ahead of the weekend’s big game and results from the 2022 U.S. Trans Survey.

From the BBC World Service: Protests that started in Poland have spread across Europe and now Italian farmers are threatening to bring Rome to a standstill. They say they’re taking a stand against red tape, higher costs and competition from cheaper foreign imports. And, millions of people across Asia are getting ready for Lunar new year celebrations which start tomorrow. But amidst the fun, fears over the economy — particular in China — threaten to dampen the mood.

Thousands of workers in Southeast Asia are forced to work in scorching temperatures. A recent study showed dangerous effects of constant heat on at-risk workers, including health problems. We’ll visit Cambodia’s brick kilns to learn more. Plus, Sen. Amy Klobuchar talks child internet safety, and KPMG’s Diane Swonk dissects the job market.

Disney announced it will take a $1.5 billion stake in Epic Games — the creator of popular game platform Fortnite — in an effort to diversify while its linear media struggles. The partnership means we can expect Epic-created games featuring Disney characters in the not-too-distant future. Plus, Federal Reserve higher-ups signal they will take their time on rate cuts and U.S. imports of Chinese goods fell last year.

From the BBC World Service: Consumer prices in China have seen their steepest fall since 2009, adding to deflation woes. In Pakistan, millions are heading to the polls to vote in a new government. And a study on working conditions in Cambodia’s garment and brick industries highlights the risks climate change poses to those already struggling in hot countries.

At least Treasury Secretary Janet Yellen did when describing banks with souring commercial real estate investments. Stock in New York Community Bancorp, a regional bank with commercial real estate loans, fell nearly 30% on Tuesday, and Moody’s downgraded the bank’s credit grade to “junk” status. We examine. Also on the program: why some college athletes are looking to unionize, and why people in India are lining up for work in Israel.

From the BBC World Service: Spanish farmers have joined a wave of protests sweeping Europe. They’re demanding more support from the EU and their government and say they’re fed up with high costs and stringent environmental standards. Then, thousands of Indian men have lined up to apply for construction jobs in Israel, which relies heavily on migrant labor — especially since revoking Palestinian work permits since the war in Gaza.

A new national survey finds that a majority of c-suite executives say diversity initiatives are important for positive business outcomes. The findings come as recent headlines and high-profile business leaders have criticized diversity, equity and inclusion (or DEI) work, and the support comes from across the political spectrum. Also: new SEC oversight for firms like hedge funds and a one-stop shop for sports streaming.

Stock in New York Community Bank plunged last week after it said it was setting aside additional funds as a cushion in case some of its commercial real estate loans went bad. The value of commercial office space is falling as more people work from home, and investors are still skittish. Plus, Canada extends a ban on noncitizen housing purchases. And we’ll hear how one flour mill is rebuilding a year after the devastating Turkey-Syria earthquake.

It’s earnings week for big beauty brands: affordable E.l.f. Beauty and luxury brand Estée Lauder, which recently announced thousands of job cuts. But plenty of companies and entrepreneurs are throwing their hat into the cosmetics ring, and Gen Z is forcing many to evolve. Also, President Xi Jinping is set to talk with financial advisors about China’s stock market, and Lyft unveils a pay transparency play for drivers.

From the BBC World Service: A year after the catastrophic earthquakes that killed more than 50,000, aid agencies are warning that major rebuilding still needs to be done. In the worst hit parts of southern Turkey and northern Syria, businesses are making some progress with some help from the U.S. government. However, Save the Children says one-third of those displaced by the disaster are still homeless.

This weekend, negotiators between several Las Vegas casinos and the Culinary Workers Union reached tentative agreements with just hours to go before a strike deadline. This comes as Vegas kicks off Super Bowl week and is slated to welcome more than 300,000 visitors. Then, feds will start collecting information from crypto mining companies about their electricity use, and we’ll look at Canada’s pathway to family reunification for Sudanese refugees.

“Prudent” was the watchword from Federal Reserve Chair Jerome Powell in an interview last night with “60 Minutes.” Powell said the Federal Reserve isn’t in a rush to cut interest rates and that, as usual, the timing of any potential rate cuts depends on the data. Plus, we’ll provide a taste of some of the rich sounds from a Minnesota brewery that helps support music education.

From the BBC World Service: Residents of Paris vote to triple parking fees for SUVs, but only if they’re brought from outside the city. We’ll hear more about the change. But first, revenues from Egypt’s Suez Canal were nearly halved in January. And later, are the terms of Canada’s Sudanese family reunification plan too difficult for families to meet?

Some 353,000 more people were on payrolls in January — nearly double what economists expected. The job gains were spread across the economy, but could this labor market growth be inflationary? Also on the program: It’s been nearly a year since regional banks were in crisis, but trouble for commercial real estate means the turmoil isn’t over yet. We’ll also take an inside look at the “Star Wars” vintage merch economy.

Elon Musk is considering reincorporating Tesla in Texas after a court in Delaware, where Tesla is currently incorporated, voided his $56 billion compensation package. But roughly two-thirds of Fortune 500 are incorporated in the First State. We’ll examine why. Plus, Apple and Amazon are doing just fine, as reported in their latest earnings. And how can nature be a measurable part of our economy? The Biden administration seeks to find out.

From the BBC World Service: El Salvador’s current president, Nayib Bukele, is widely expected to be returned to power, but concerns about the economy and human rights violations under his leadership remain. Then, it may take place in a galaxy far, far away, but the trade in “Star Wars” merchandise is generating millions of dollars on this planet.

The Federal Reserve is expected to lower interest rates sometime in 2024 — but that didn’t happen this week and Fed Chair Jerome Powell said not to expect it in March either. We’ll discuss the move (or lack thereof), as well as pressure on the central bank to confront housing costs. Plus, we’re getting more productive, churn in labor market isn’t as frenzied, and Medicare will start negotiating drug prices.

The results from FAFSA, the form students and their parents fill out to see how much financial aid they can get for college, won’t be released this year until March. That’s more than a month later than initially expected, and the delay is stressing out those who work with college applicants. Plus, a look back at the life of Black entrepreneur and economic activist A.G. Gaston.

From the BBC World Service: Like in the United States, politicians across the European Union have been struggling to finalize an aid package for Ukraine. But all 27 EU leaders have just approved a $55 billion aid package for Ukraine, after Hungary’s leader Viktor Orbán initially blocked the funding. Also: a record number of Chinese migrants are traveling through South America to reach the U.S.

A judge has struck down Elon Musk’s compensation package at Tesla, valued at nearly $56 billion. The judge in Delaware — where Tesla is incorporated — called the amount “unfathomable” and said Tesla’s board failed to meet its responsibilities to shareholders. Let’s unpack the case. Plus: why prices for lithium are in free fall and how to build a home without putting out loads of emissions.

Global shipper UPS announced Tuesday that it’s planning to eliminate 12,000 jobs over the next few months — most of them in management. While shareholders love the phrases “trimming the fat,” “cutting costs” and “right-sizing,” why are managers so often the targets? We’ll also hear about a negated pay package for Elon Musk and the tough balancing act for Fed Chair Jerome Powell.

From the BBC World Service: Top United Nations officials are pleading with countries, including the U.S., to reconsider after they withdrew funding for its main aid agency in Gaza. Then, one of the world’s biggest record labels is pulling its music from TikTok after failing to reach a new licensing agreement with the platform. Also: another apology to U.K. Post Office scandal victims and greener construction.

The auto industry had a generally strong 2023. This certainly included Toyota, which reported that it’s held onto its title as the world’s best-selling car company. But during prepared remarks, the company’s chairman also offered an apology. We unpack. Plus, can we expect any interest rate moves from the Federal Reserve this week? Then, we head to Germany, where protests are sweeping the country to counter the far-right Alternative for Deutschland party.

Over the past few weeks, Microsoft overtook Apple to become the most valuable company in the world by market capitalization. And investors will be hoping for more good news on that front when the company announces quarterly earnings on Tuesday. Also on the program: Walmart is offering store managers up to $20,000 in stock a year. We hear more. Plus, if you can’t afford college, how about chicken wings?

From the BBC World Service: Democratic Unionist Party leader Jeffrey Donaldson said his party had agreed to end its almost two-year boycott of the Northern Ireland Assembly. We’ll discuss. Then, we’ll take a look at ongoing demonstrations across Europe: Hundreds of tractors are blocking major roads into Paris as farmers protest against red tape and foreign competition, and Germany experiences a second weekend of protests against a far-right party’s mass deportation meetings.

Some buy now, pay later platforms are testing out a new model: subscription plans. For these companies, it’s another guaranteed revenue stream and maybe a way to lock in loyal customers. But can they work when paying later is the whole point? Plus, we’ll examine what Evergrande’s liquidation means for the world’s second largest economy. And squeamish listeners beware: We’ll hear how France is grappling with its recent bedbug outbreak.

Consumer spending ticked up in December, and more people are swiping their credit cards. Part of the reason folks are more comfortable putting it on plastic is confidence in the overall job market. But delinquency rates have been climbing too. We’ll hear what economists make of these trends. Also: United Airlines in talks with Airbus and ripple effects of liquidation orders for property giant Evergrande.

From the BBC World Service: Evergrande was once China’s biggest property developer. Now, a judge in Hong Kong has ordered the liquidation of the debt-laden real estate giant, but Evergrande says it’ll continue on China’s mainland. And French farmers take their fight over red tape and environmental policies to Paris. Plus, we hear how that city is tackling the problem of bedbugs ahead of the Summer Olympics.

Tesla had a rough 2023. On Wednesday, CEO Elon Musk warned Chinese electric vehicle maker BYD could overtake global competition without trade barriers, and investors weren’t so impressed. The company’s stock closed down 12% yesterday. Plus, we’ll dig into the most recent PCE data and hear about Japan’s deflation problem.

In 2023, $23 billion in federal contracts went to companies run by tribal nations, Alaska Native corporations and Native Hawaiian organizations. That’s 3% of the total federal contracting pool. We’ll get into why that money — and jobs that come with it — matter. Plus, the indie film market at Sundance and a ten-year high for IBM stock.

From the BBC World Service: British negotiators have walked away from talks with Canada, after it refused to continue a short-term deal that suspended tariffs on cheese; previously, the U.K. had been part of the EU’s agreement for tariff-free imports. Then: There’s been a major u-turn from Apple — it will now allow users in the EU to download apps from rival providers. A federal judge in Brazil has ordered three mining giants to pay almost $10 billion in damages over a deadly dam burst in 2015. And a business-minded Tanzanian teenager on a mission to help other kids learn about money and entrepreneurship.

Mortgage rates have fallen since early last fall, when they hit 8% for the first time since 2000. Now, buyers who were biding their time are finally making moves. And if rates continue to drop, demand is likely to rise. All this is good news to homebuilders. Plus, the latest on the Boeing debacle and an analysis of last quarter’s economic growth.

On Thursday, House lawmakers will unveil a bipartisan bill that will fund safe places to park for people who are living in their vehicles. New Beginnings, a California nonprofit that pioneered the program, says in addition to an influx of families with young children, senior citizens make up half of their safe parking enrollees. We’ll also hear about researchers using satellite radar data to assess the scale of damage done by Israeli forces in Gaza.

From the BBC World Service: Major shipping companies including Maersk and DP World are having to re-route vessels and are predicting extended delays in shipments — the European market and the East Coast are worst affected. Plus, millions of people around the world will be celebrating the birthday today of one of Scotland’s most iconic cultural icons: the poet Robert Burns. This year, the Scottish government aims to use the celebrations to open up economic opportunities.

Japan’s Nikkei index has hit a 34-year high. Meanwhile, China’s markets have hit 5-year lows; the Hang Seng Index lost more than half its value since the end of 2020. Capital is moving in Asia, but what exactly is going on? Then, later in the program, we’ll hear how artificial intelligence is increasingly being used is to commit identity fraud.

The current farm bill, which funds everything from crop insurance to nutrition programs, was set to expire in September. Congress gave itself a yearlong extension to negotiate an update, but it could take longer than that. What issues are likely to get attention in the next bill? Plus, Boeing pauses one factory’s production for a day to focus on quality training, and rail workers in Germany begin a strike.

From the BBC World Service: It’s only been a month since Argentina’s president Javier Milei took office, but already big protests are set to take place over his plans to shake up the country’s economy. Then, as businesses turn to online verification tools, fraudsters are using artificial intelligence to create sophisticated disguises and hack into other people’s accounts. What can be done to stop it?

Just in time for tax season, the Federal Trade Commission has issued a final ruling against Intuit, the maker of TurboTax, over what it claims is deceptive marketing for TurboTax’s free online tax filing software. We’ll dig in to that decision. Then: a look at what’s expected to lose United Airlines money in Q1 and an examination of how luxury development is dividing the island of Barbuda.

After a natural disaster, getting individual aid from FEMA can be a notoriously slow and cumbersome process. But the Biden administration is looking to improve it. We’ll hear how new rules are meant to cut through all the red tape. Plus, some trace Boeing’s problems back to the ’90s. We’ll unpack more of the company’s history. Also on the program: What’s behind global stock rallies?

From the BBC World Service: The U.S. and U.K. conducted additional air strikes against the Houthi rebel group in Yemen, as the group continues to attack Red Sea cargo ships. Then, as Chinese electric vehicle giant BYD looks to expand its line-up with luxury models, we’ll hear why the company was right to start at the affordable end. We’ll also see why locals are concerned about plans to boost Barbuda’s tourism sector.

On Monday, we got the latest survey of business conditions from the National Association for Business Economics, and businesses are feeling pretty good these days. More businesses reported positive profit margins, and fewer are anticipating a recession in the coming year. We’ll discuss. Then, we’ll hear about Exxon’s lawsuit to block activist investors’ climate proposals and learn about some of the challenges facing Brazil nut producers in Bolivia.

Scrutiny of Boeing planes have grown beyond the 737 Max 9, the aircraft that was thrust into the spotlight following the Alaska Airlines accident earlier this month. The Federal Aviation Administration has urged airlines to inspect some older 737 model with the same door plug designs as the Max 9. We’ll explore what’s at stake. Plus, higher interest rates and the troubled commercial real estate are piling pressure onto regional banks.

Designed to attract foreign business, Australia’s visa scheme was cut in an immigration overhaul after the government found it was “delivering poor economic outcomes.” Also on the program: A month-long fishing ban comes into force off the French Atlantic coast today. Then we’ll head to Bolivia, the world’s biggest exporter of Brazil nuts. But nut producers there are grappling with volatile prices.

Today, the World Economic Forum is wrapping up in Davos, Switzerland. There, meetings have been held between company heads and global leaders. Key themes include artificial intelligence, increasingly complicated relationships between world powers and prospects of another potential Donald Trump administration. We’ll outline the results of some of these meetings. But first, how are consumers feeling? A lot of it has to do with how they’re doing relative to inflation.

With much of the country frozen right now, some EV owners are going through their first frigid winter and finding that their cars don’t like the cold either. Turns out, EVs tend to lose range and take longer to charge when it’s colder outside. We’ll examine. Plus, Congress approves their third stopgap funding measure in four months, and we look at the factors that could keep a lid on home prices.

From the BBC World Service: In northern India, thousands are lining up for jobs in Israel due to a labor shortage caused by the war with Hamas. Plus, Spanish streaming star David Cánovas, known as TheGrefg, is embroiled in a legal battle with an 80-year-old woman he is trying to evict. And then Mark Knopfler from Dire Straits who’s selling most of his collection at auction later this month.

Globally, the total value of mergers and acquisitions last year was the lowest since in a decade, held back by interest rates, a volatile stock market and a strict regulatory environment. The corporate dealmaking could rebound this year, though. We’ll also paint a picture of our economic moment with a slew of recent data. Plus, could passwords be a thing of the past?

Breakfast — and its more formal cousin, brunch — is “in” for 2024. Consumers like that they’re able to spend less money than they would on a dinner out while still feeling like they’re treating themselves. Meanwhile, restaurants love the profit margins. Also on this morning’s show: flipping through the pages of the Beige Book and analyzing the average workweek in China.

From the BBC World Service: Singapore’s transport minister has resigned after facing multiple charges of corruption; it’s alleged he took kickbacks worth hundreds of thousands of dollars, something he denies. Also, passwords could soon be a thing of the past as companies like Google introduce “passkeys” as a default login for online users. But with the rise of deepfake technology, is any method of verifying our identities completely secure?

A federal judge has blocked JetBlue’s efforts to purchase Spirit Airlines. The Justice Department had filed an antitrust lawsuit, saying the merger would eliminate a low-cost carrier that has been keeping airfares down. Also on the show: We all spent a lot in December, the market for super shoes is running hot, and China’s economic recovery looks shaky.

Many of the nation’s largest banks have reported mixed results recently. Banks often turn to fees – including overdraft charges – to help boost their bottom lines. But a Biden administration rule announced Wednesday would reduce those fees and save consumers billions a year. Then, Apple is making changes to its App Store but will still charge a hefty commission. And shipping rates have soared following continued Red Sea attacks.

From the BBC World Service: Data released on Wednesday showed that China had a population of 1.4 billion at the end of 2023 — a 2.08 million decrease from 2022. The decline underscores concerns about the future growth of the world’s second largest economy. Then, the U.K.’s Post Office scandal rumbles on, and pricey, high-tech sneakers for runners becomes a big business.

Today is the deadline for comments on a proposed rule to increase capital requirements for large banks. It can be useful to think of the money a bank uses to fund its business as a pizza — some slices are equity, others are debt, and others are unknowns. We’ll dish up that analogy. Sticking with the food theme: Mexican food is increasingly popular with young Americans, and one in 10 eateries serves it.

Today is the first full day of the World Economic Forum in Davos, Switzerland. Among the challenges to be discussed are artificial intelligence, the wars in Ukraine and Gaza, election integrity and the climate crisis. We’ll hear more about what to expect from the meeting of global leaders. Then, Lebanon is projected to slide back into recession as its tourism industry feels the economic shock of the Israel-Hamas war.

From the BBC World Service: Google Play Store has pulled some major crypto exchanges, including Binance and Kraken, in India. The move comes two weeks after India’s financial watchdog said the platforms were operating “illegally” there. Also on the program: A U.S.-owned cargo ship survives a Houthi rebels missile attack, and Lebanon’s economy is hit hard by the war in Gaza

Roughly 1 million people volunteer to work at polls during presidential elections, but recruiting enough poll workers remains a perennial challenge. Those staff shortages can add to wait times at the polls, which, in turn, can depress voter turnout. Now, as many poll workers grow older and end their service, advocacy groups are pushing for young people to step up. Also: Who says college is just for the young?

In 1968, Martin Luther King Jr. was assassinated after speaking with striking sanitation workers in Memphis. Strikes have gotten more rare in the decades following King’s murder, but data from Cornell University shows that the number of strikes have been picking up over the last two years. What does that momentum mean for the year ahead? And later, the tide may be turning against noncompete agreements.

From the BBC World Service: The International Monetary Fund predicts that artificial intelligence is likely to cause disruptions for jobs across the globe — but it won’t have an even effect on workers and global economies. Then, two British brothers are on trial in Switzerland for stealing Ming Dynasty porcelain worth nearly $3.7 million. And the soccer tournament, the Africa Cup of Nations, has kicked off in the Ivory Coast.

California, home of the fifth largest economy in the world, has a budget deficit of between $38 billion and $68 billion, depending on the estimate. But even with the economy doing pretty well across the country, other states have budget woes as well, many of which were papered over by federal pandemic aid. Also on the program: a look at falling wholesale prices and increased oversight of Boeing.

A new Summer EBT program that provides an extra $40 per month per kid per month will feed millions of children over summer vacation. But with grocery prices high and still rising, that money can only go so far. Also on the show: The shockwaves of war in the Middle East expand, and the economy remains on the minds of Taiwanese voters.

From the BBC World Service: Tesla is suspending manufacturing at its only European electric car factory as attacks in the Red Sea disrupt supplies. The company said longer delivery times created a gap in its supply chains as shipping companies avoid the route. And as Taiwan prepares to go the polls, its tense relationship with Beijing dominates campaigns — yet for many residents, the economy is among the biggest issues.

Overall inflation ticked up to 3.4% year over year in December, which is higher than November’s inflation rate. But, if you take out food and energy prices (which are notoriously volatile), inflation actually slowed down slightly. We look at how to slice today’s inflation report. Then, wage growth has been slowing, an IRS watchdog report shows mixed grades, and the SEC approves a bitcoin ETF.

The fallout continues from the Alaska Airlines accident last week. More airlines are cancelling Boeing 737 Max 9 flights, but it’s also affecting the first responders involved: flight attendants. We speak with Sara Nelson, international president of the Association of Flight Attendants-CWA, about flight attendants’ main concerns and the pandemic-era strains on flight crews that still persist. Plus, OpenAI is in content licensing deal talks with major news organizations.

From the BBC World Service: It’s taken a TV series to move the United Kingdom’s government into action over a scandal at the state-owned Post Office. Hundreds of workers were wrongly convicted of theft and fraud, when the real problem was faulty software from a system known as Horizon. Also: Taiwan votes this weekend in a presidential election. The consequences for Asia’s eighth largest economy could be dramatic.

The annual electronics showcase event CES is underway in Las Vegas, and it features one of the world’s biggest car shows. While the three largest U.S. automakers do not have displays, Big Tech companies are looking to make their mark as up-and-coming auto suppliers. We’ll also examine the risks AI misinformation poses to the global economy and hear how Puerto Rico intends to its lower dependence on imported foods. To hear more about the latest tech on display at CES, check out “Marketplace Tech.”

There are a lot of pressing risks around the globe this year. What poses the biggest risk? According to an annual report from political risk consultancy Eurasia Group, the U.S. presidential election — expected to exacerbate political dysfunction — tops the list. (But don’t worry, we hear an upbeat prediction too.) Plus, are you an independent contractor or an employee? Regulators have a new litmus test.

From the BBC World Service: Despite warnings of the possible environmental impact, Norway’s government has given the green light for companies to apply to extract precious minerals from the country’s seabed. Then, German railways have ground to a near halt in a three-day train drivers strike. And later: an examination of Puerto Rico’s food revolution.

Consumer credit jumped a whopping $23.7 billion in November, according to the Federal Reserve. That continues a trend of households struggling with high and rising prices, which is leading to a surge in debt and delinquencies. And it’s putting additional strain on families, especially lower-income ones. We’ll also preview what the December CPI might look like and hear why the song “Murder on the Dancefloor” is killing it right now.

From the BBC World Service: Farmers in Germany are blockading roads in protest of subsidy cuts, with more than 500 tractors and trucks parked by Berlin’s Brandenburg Gate. Then, funding England’s student loans system is expected to cost the U.K. government an extra $12.5 billion a year. And “Murder on the Dancefloor” is near the top of the charts for the first time in two decades thanks to the movie “Saltburn.”

Investigators are still looking into why a piece of a Boeing aircraft blew off an Alaska Airlines flight over the weekend. It’s the latest issue with 737 Max planes, including an aircraft grounding following two crashes several years ago. Thing is, plane orders take years and there are few manufacturing competitors — meaning Boeing may not lose much businesses. And later: how Germany’s budget cuts helped spawn a major protest by farmers.

No, we’re not talking about three of Snow White’s seven dwarfs — we’re talking about the mood of the American consumer. Despite low levels of unemployment, solid GDP growth and cooling inflation, Americans remain pretty darn sour on the economy. What gives? Plus, China is sanctioning five American defense contractors, and a massive new train line in Mexico is stirring controversy among environmentalists.

Many on Wall Street expect the Federal Reserve to start cutting interest rates in March, but a lot is riding on these first few months of the year. We’ll check in with Richmond Fed President Tom Barkin about potential risks to a soft landing. Also on the program: device-makers hope to attract consumer dollars at CES, and California expands state health care to include low-income undocumented immigrants.

From the BBC World Service: China has announced sanctions against five American arms manufacturers over weapons sales to Taiwan.The move comes just ahead of this weekend’s Taiwanese elections. Also, trains are starting to run on Mexico’s new multibillion-dollar train network, known as Tren Maya. It’s projected to bring 2 million more tourists a year to the impoverished Yucatan Peninsula, but critics say it’s an environmental catastrophe.      

Turns out, businesses kept on hiring in spite of predictions. The Labor Department reports that 216,000 new jobs were added in December, and the unemployment rate held steady at 3.7%. We’ll look at longer-term trends and parse out which sectors saw hiring booms. Then, gadget-makers head to CES in Las Vegas. We’ll preview what to expect. And later, Texas is revamps how it funds community colleges.

Lawmakers in California are gearing up to debate reparations for slavery. But if reparations are politically unviable, what’s the next best thing? In part three of our Golden Promises series, we’ll unpack alternatives, including ones that could help address racial disparities in education, housing, health care and credit scores. Also on the show, the cost of borrowing for a home has gone down sharply.

From the BBC World Service: Grocery giant Carrefour will stop selling Pepsi products in France, citing “unacceptable price increases.” Then, ground staff at the Spanish airline Iberia are staging a four-day strike after the collapse of talks between unions and the company. And Elvis lives! At least an AI-powered hologram version does, as a new London show promises an immersive experience through the life of the music legend.

Private-sector hiring was stronger than expected in December, according to ADP, and we learned yesterday that there were slightly fewer job openings nationwide in November. But the official government jobs report for December doesn’t come out until tomorrow. What can we expect and what should we make of it all? Also on the show: More consumers opted for cars that are cheaper to buy and operate, and young people in China grapple with a high unemployment rate.

A bill in the California Legislature would create a first-of-its-kind agency in charge of administering economic reparations for slavery, which could be voted on this year. Recommendations start “with those folks who are clearly descendants of 250 years of wage theft in this country,” said Sen. Steven Bradford, who introduced the legislation. Also, some shipping rates have more than doubled for routes in the Red Sea.

From the BBC World Service: Argentina’s new president, Javier Milei, is trying to introduce a radical financial agenda but has been met with wide-scale protests. Now courts have blocked changes to labor laws. Then, a joint statement has warned Houthi rebels in Yemen against carrying out further attacks in the Red Sea. And millions of young people in China are struggling to find a job.

Economic forecasts for the coming year are decently optimistic, painting a picture of fairly low unemployment, gradually slowing inflation and continued economic growth. But there are still risks to this mostly sunny outlook — some that are global and some coming from D.C. Plus, soft landing or not, the Richmond Fed president advises us to buckle up. Oh, and Happy Dry January!

After a California task force issued an 1,100-page report last summer, lawmakers there are starting to look at policy options to compensate Black residents descended from enslaved ancestors. Now, a state reparations bill could be voted on this year. As part of a three-part series, we’re chronicling the history, details and challenges of California’s reparations movement. But first, markets start 2024 with a course reversal.

From the BBC World Service: One in five major commercial ships is now avoiding the Red Sea because of the threat of attack, according to the head of the International Chamber of Shipping. Tesla has been toppled off its top slot as the global leader of electric car sales by Chinese rival BYD. And a cuckoo clock museum in the U.K. is looking for a someone to take the reins.

The Taliban banned women from attending universities in Afghanistan in December 2022, a move that the World Bank warns will hinder the country’s prospects for economic growth. We’ll hear from three women who share how the lack of educational opportunities has affected their lives. Plus, the stock market opens for the year. And later: What we can expect from video games and rapidly evolving AI in 2024?

From the BBC World Service: A plane carrying nearly 400 passengers caught fire while landing at Haneda Airport in Tokyo; everyone aboard the passenger aircraft successfully evacuated after a collision with coast guard plane. We bring you the latest developments. Also on the show: a Hong Kong mogul pleads not guilty to national security crimes, the Czech president calls for euro adoption, and a look ahead to the year in tech.

While people on Medicare are increasingly shielded from rising drug prices, that’s not the case for everyone else. And drugmakers plan to raise prices on more than 500 drugs in January. We dig in. Plus, millions of Americans will be getting pay bumps in the new year, and the IRS is trying out a free online tax-filing system that cuts out vendors.

Expectations for 2023’s economy were rather sour — and what delivered blew predictions out of the water. But what are economists anticipating for the year ahead? Plenty of high hopes, including predictions of a rising S&P 500 index, falling inflation, lower interest rates and an economy that is slowing but resilient. And later: Could the state of the U.S. and China’s economies be a chance for thawing economic relations?

It’s the time of year for round-ups and look-aheads, and today we’re focusing on what the new year could hold for the U.S. economy — from interest rates to recession risks and everything in between. We’ll check in with some economists for their predictions. Then, we’ll assess what the relationship between the U.S. and China could look like in 2024.

From the BBC World Service: It’s a new year, but what will it mean for old rivalries? The relationship between the world’s largest economies — the United States and China — dominated the news agenda in 2023. We take a look at those ups and downs and see where the relationship could lead global politics and economics this year.

Think of it as a soap opera, only broadcast on C-SPAN. We’re recapping the top political and economic headlines that came out of the nation’s capital in 2023 — from the House speaker fight, to the debt ceiling debates and the showdown over a government shutdown. We’ll also forecast D.C.’s biggest stories in the year ahead. Plus, Greyhound closes bus stations, and Google settles a class-action lawsuit.

In late 2022, stock market forecasters predicted that the S&P 500 would close the year up by about 6%. Surprise! The S&P is up 25% year to date, while the NASDAQ is up 45%. But can the market rally be sustained? Also in this episode: Google settles a lawsuit alleging its private browsing mode isn’t so private after all, and ABBA is still making “Money, Money, Money.”

From the BBC World Service: Venezuelan President Nicolas Maduro has ordered his military to conduct exercises along the country’s coast — the latest action in the dispute with Guyana over oil-rich territory in the region. Then, Argentina’s main labor union has called for a general strike against President Javier Milei’s sweeping economic reform proposals. And a show by ABBA is estimated to have contributed more than $420 million to London’s economy in its first year.

Many folks start the new year with resolutions around diet and exercise — and finances too. But when it comes to saving and spending, how can we get those changes in behavior to stick? And how can we be kinder to ourselves regardless of whether we meet those goals? Plus, we take a look at the year’s last military aid package for Ukraine and what’s been one of the strongest economies in decades.

A federal agency ordered Apple to stop the sale of some Apple Watches right before Christmas because of a patent dispute over health monitoring systems. But now, a federal appeals court has temporarily paused the ban on smartwatch sales and imports. We’ll hear about the latest developments in that saga. And later in the program: How does trauma shape our relationship with money?

From the BBC World Service: France’s CMA CGM and Denmark’s Maersk are returning to the shipping route after recent ship attacks by Houthi rebels based in Yemen. Then, we remember the remarkable life of Jacques Delors, the former head of the European Commission and the man who oversaw the creation of the European single market.

The New York Times is suing OpenAI and Microsoft for using its content to train artificial intelligence chatbots. The software will even recite Times content verbatim when responding to user query, according to the lawsuit. Also in this episode, some market predictions ahead of 2024 and a look at artificial intelligence in agricultural practices from our partners at the BBC.

What tangible things defined your year? Rob Walker wrote a list of the culture-defining physical stuff of 2023 for Fast Company. We’ll talk to him about some contenders, from Barbies to protest signs. Plus, how to measure Congressional productivity and why an international shipping company is pausing routes through the Red Sea.

From the BBC World Service: One of the world’s biggest shipping companies says it’s still too dangerous to send its ships back through the Red Sea. Japanese car maker, Daihatsu, says it’s suspending operations at all four of its Japanese manufacturing plants after a major safety scandal. Argentina’s new president, Javier Milei, has signed a decree cancelling the contracts of 7,000 public sector workers. And how can AI help agriculture? We visit a vineyard in Bangalore to find out how modern technology is boosting productivity.

The Federal Trade Commission is considering limits on how and when Big Tech companies can turn children’s data into profit. The review of a 25-year-old law includes a crackdown on targeted advertising to children and limits to notifications aimed at keeping them online. Plus, we take a peek at the end-of-year financial markets. And later: what Ireland can teach us about worker productivity.

If you have a flexible spending account through your health insurance, you have just a few days left to use up unspent money. More businesses are working to make their products FSA-eligible, and you may be able to spend that cash on gym memberships or even meal kit delivery. But first: An engine manufacturer gets slapped with a hefty fine, and Angola decides to exit OPEC.

From the BBC World Service: According to the Organisation for Economic Cooperation and Development, Ireland is the most productive country in the world, we’ll be looking at how it achieved that accolade. Meanwhile, Japan has a reputation for having a relentless work culture, but it’s consistently ranked lowest in employee productivity among the rich G7 nations. Is it time for Japanese companies to adapt?  

The holiday travel season is likely to be a busy one, with more people expected to travel domestically this year than in 2022. Meanwhile, drivers can expect to pay the same (or even a bit less) for a gallon of gas. And there’s zero days left to wrap up Christmas shopping — so what better time to take stock of how hiring for the holiday season has shaped up?

Come Jan. 1, hundreds of thousands of additional licensed mental health counselors and marriage and family therapists will be eligible to work with Medicare patients for the first time. This Christmas Day, we’ll take a look at what the expansion means for patients and providers. And later: Do you feel like your life has been taken over by the pings of social media notifications? Well, how about a detox?

From the BBC World Service: In a special festive episode, we’re taking a look back at some of the headlines and headline-makers that grabbed the attention of our production team in 2023. We’ll touch on everything from bank collapses to crypto’s wild ride, redesigned chocolate bar packaging, and one of the biggest stories of the year: the murky and rapidly-changing world of artificial intelligence.

The New York State Attorney General is suing SiriusXM, saying the satellite radio company makes the cancellation process long and difficult. But there are plenty of companies that make it hard for customers to get out of subscriptions, so we rounded up some advice on how to get through it. Also: A monthly drop in inflation in November and “serious scrutiny” for the purchase of U.S. Steel.

Cubans are fleeing their country in droves, with nearly 400,000 coming to the U.S. in the past two years. The wave has a lot to do with the deteriorating economic situation there, as the economy struggling to bounce back to pre-pandemic levels. We examine the exodus. But first, we’ll get new home sales data this morning, so let’s check in on housing and mortgage rates.

From the BBC World Service: New rules limiting in-game purchases have wiped nearly $80 billion in market value from China’s two biggest gaming companies. The move is an attempt to curb what officials see as growing trend of online gaming addiction. We analyze the blow to the industry. Later: How can you be more green this holiday season?

The costs that go with owning a home — including mortgage payments, insurance and taxes — now eat up about 34% of the average wage nationwide, according to a report out today. That’s more than many lenders advise and comes as a wave of millennials and Gen Zers look toward homeownership. Also on the show: Apple watches, consumer confidence, and Turkey’s painfully interest rates.

Sharks have been around for millions of years, but their population has dropped by 70% in the past 50 years. That’s mostly been driven by the value of their fins, which are considered a delicacy and status symbol in parts of Asia. Today, we’ll hear how demand for the fins has driven a network of illicit trafficking. Plus, new cars see big gains in fuel efficiency.

From the BBC World Service: Residents of Argentina’s capital Buenos Aires are pushing back on the plans of the recently-elected President Javier Milei. And in Turkey, people are facing dual pressures of high inflation and interest rates. Plus, why are standing ovations becoming more common in British theaters?

With the new year, the IRS will resume sending reminder letters to taxpayers with old debts to the federal government, which were paused during the pandemic. But to avoid causing sticker shock when people receive reminders, the IRS is waiving the penalties it usually charges for back taxes. We dig in. And later, a boost in U.S. oil production spoils OPEC’s effort to prop up prices.

What can a beloved, sugary holiday treat teach us about trade protectionism, overseas farm subsidies, inflation and inelastic demand? Turns out, quite a bit. Today, we trace how sugarcane from Louisiana becomes a hand-spun, red-and-white-striped delight at a New Jersey candy shop — and learn a thing or two about economics along the way. But first: The Senate leaves for a holiday recess without any approved aid for Ukraine or Israel.

From the BBC World Service: Airbnb has been ordered to pay up to $20 million in fines and compensation after misleading customers in Australia. Some bookings there were listed in U.S. dollars rather than Australian dollars, making them look cheaper than they actually were. Plus, we look at the delisting of Toshiba in Japan. And later: Inflation can even affect candy canes.  

What’s one of the best ways to ease the affordable housing crisis? Build more places to live. Construction of new homes rose 15% in November, which coincides with a dip in mortgage rates. We’ll examine what these new homes could mean for still-strong housing demand. Then, we’ll hear about disruptions to ships and ports in the Red Sea and check the pulse of Germany’s economy.

Southwest Airlines is being fined $140 million by the U.S. Department of Transportation after last year’s holiday travel meltdown. But the majority of that money will go toward compensating future Southwest customers who arrive at their destination three or more hours late — if the issues were caused by something under the airline’s control. Plus, one state put a price tag on untreated mental illness. The costs were staggering.

From the BBC World Service: Analysts are warning that oil prices will rise as companies stop transporting fuel and goods in the Red Sea following attacks on commercial ships. Then, the European Union and the U.S. have agreed to temporarily stop imposing additional taxes on EU-made steel and aluminum, as well as various U.S.-made products. And for the first time, the Netherlands is growing cannabis legally.

The Senate delayed its holiday recess for the first part of this week, as negotiators still try to reach a compromise on immigration. But also at stake is funding for Ukraine, which uses U.S. aid to pay for essential government services. Also in this episode: A Japanese company has agreed to acquire U.S. Steel, and Afghan refugees have been arriving at the U.S.-Mexico border in record numbers.

After posting its first profitable quarter this year, ride-hailing and food delivery company Uber joins the S&P 500 stock index today. We take a look at the company’s 14-year ride so far and hear what lies on the road ahead. Plus, shipping companies look to avoid the Red Sea amid missile attacks. What are the alternatives? And as wage gains stall, inflation continues to take a bite.

From the BBC World Service: Two major shipping companies are avoiding the Suez Canal as Houthi militants in Yemen step up their assaults on commercial vessels in the Red Sea. Then, a veteran Hong Kong pro-democracy campaigner goes on trial. And later: When the Taliban captured Kabul, tens of thousands of Afghans were evacuated to the U.S. Now, many left behind are taking a riskier journey to the States.

Consumer sentiment is down in the dumps, but consumer spending certainly doesn’t reflect that. We’ll examine the disconnect that’s causing some economists to scratch their heads. Plus, folks on Medicare will start seeing discounts on some meds in the new year, and affordable housing is being hammered by rising insurance rates. Also on the show: Could this stock market rally be a bubble?

For some, Paul McCartney’s “Wonderful Christmastime” is a source of merriment. For others? Bah humbug! If you’re a holiday music hater, then you’re like “Marketplace Morning Report” host David Brancaccio. Today, David is joined by two award-winning musicians and childhood friends who discuss artistry versus economics when it comes to holiday jingles — and try to inspire some holiday cheer. But first, mortgage rates dip under 7%.

From the BBC World Service: Guyana and Venezuela have agreed to settle the debate over rights for the oil-rich Essequibo region with diplomacy. Also, Hungary has blocked a $55 billion European Union aid package for Ukraine — but not talks over EU membership. And what’s it really like to travel on the first Berlin-Paris sleeper train in nearly a decade?

The Dow Jones Industrial Average hit a record high yesterday; the Nasdaq and S&P are up, as well. These jumps come after Federal Reserve officials hinted at interest rate cuts in the new year. Lower rates are good news for consumers spending more cautiously and companies that need to borrow to expand. Also on the show: gas prices dip, and a $100 billion city in Malaysia sits empty.

It makes sense that plenty aspects of our financial lives make us stressed, anxious and fearful — from stock market jitters to job changes or major purchases. In her newest book, journalist Farnoosh Torabi explores how to acknowledge those fears and gain a healthier relationship with your money and finances. We’ll chat with her. But first: What did Fed Chair Jerome Powell have to say about rate cuts in the upcoming year?

From the BBC World Service: EU tensions increase over backing Ukraine both financially and politically, as Hungary’s Prime Minister Viktor Orban threatens to block aid to Ukraine. Also, the former boss of oil giant BP loses $40 million in pay over “serious misconduct.” Plus, as Chinese developer Country Garden cuts executive salaries to tackle debt, the country’s property crisis spreads beyond its borders.

The child care sector has recovered nearly all of the jobs it lost when the pandemic hit. Yet there are still major staffing shortages, and the end of federal pandemic funding could put the industry’s rebound in peril. Also on the program: early reactions to COP28 agreement and a look at how to utilize fear to move your career forward.

Both Spotify and Apple Music recently published their annual lists of the most listened to artists and songs. Unsurprisingly, Taylor Swift dominated. But delve deeper, and you can also start to see the influence of social media and strength of growing international audiences. Plus, as oil prices slide, COP28 comes to an agreement using the words “fossil fuel” for the first time ever.

From the BBC World Service: After last minute horse-trading at the COP28 climate conference, 200 countries have agreed to a deal that calls for a transition away from fossil fuels for the first time. But critics argue it doesn’t go far enough. Meanwhile, Argentina’s new president Javier Milei is pressing ahead with his shock therapy plan for the economy, starting with a devaluation of the peso. And we also take a look at the economic problems at the top of the agenda in Egypt’s election.

The immigration system in the U.S. has not been significantly updated in decades. Today, we examine what pathways look like for immigrants who want to work in the States and for the employers who want to hire them. Also on the show: Price increases seem to be settling in higher than the Federal Reserve wants, small business optimism ticks down in November, and the UAW goes after non-union automakers.

Republicans in Congress want to tie aid to Ukraine and Israel with immigration reform, and time is running out to make a deal. Immigration is a topic fraught with emotion, but we decided to take a look at immigration through the lens of economics. What does the evidence show about the costs and benefits of immigration? What about it’s effect on wages and jobs? Plus, Google loses an antitrust case against Epic Games.

From the BBC World Service: The UN climate change talks in Dubai are reaching their final phase, but because the nations can’t agree on a draft deal to phase out fossil fuels, the conference has gone into overtime. Some countries unhappy with the draft language are small island nations like Tuvalu. We take a closer look. Plus, Poland’s right-wing party is out of power after eight years.

The latest U.N. climate conference is nearing an end with countries clashing over the reduction of fossil fuel use. Oil-producing countries led by Saudi Arabia are resisting that idea. With just one more day of negotiations left at COP28, we hear about what commitments have already been made and what remains unresolved. Also: What can we expect from interest rate cutes in the New Year?

While affordable, accessible child care can help support a strong workforce, it can often be hard to find. As more companies may look to recruit and retain workers by offering child care plans — thanks in part by requirements tied to CHIPS Act funding — we hear how such an investment is playing out at one plant in Tennessee. Plus, what does strong consumer sentiment mean for the Federal Reserve’s last meeting of the year?

From the BBC World Service: Javier Milei has been sworn in as president of Argentina and promised radical changes for the country. Also on the show: TikTok has announced an investment in Indonesian online shopping, and Swedish businesses are worried that a rise in gang violence could damage the country’s global image.

While mortgage rates have been on the decline recently, this year has been, on average, the least affordable time to buy a home since the housing site Redfin started crunching the numbers 11 years ago. That’s on top of already sky high prices and limited housing inventory. Plus: a labor market in a healthy place, a strike at shipping company DHL and a beloved Korean street food.

As part of this month’s Econ Extra Credit series, we’ll look at a study about how likely drivers were to stop for a pedestrian waiting at a crosswalk. Turns out, the nicer the car, the less likely it was to stop. What can we learn about how wealth — or the lack of it — impacts our behavior? We’ll also check on the status of big passenger railway upgrades throughout the U.S.

From the BBC World Service: In a widening regional labor challenge for Tesla, the Finnish Transport Workers Union has joined an ongoing dispute in support of Tesla employees in Sweden. Plus, in a left-field move, Chanel has chosen the streets of British industrial city Manchester to host a catwalk show. Then, Korea’s cultural exports, or K-content, is worth $12 billion. The latest trend? The K-dog.

Average mortgage rates have fallen to their lowest levels since August, cooling from nearly 8% to around 7%. While that may be more manageable for prospective homebuyers, rates are still significantly higher than they’ve been in decades. What will this mean for home sales and refinancing? Plus, EV tax credits are getting complicated, and we hear about the olive oil crisis playing out in Spain.

Members of SAG-AFTRA voted to ratify a contract with Hollywood studios following the recent months-long actors strike. A major concern for voting members was how and when artificial intelligence could be used. While actors won some protections regarding AI usage, some still feel the deal fell short. We’ll also hear about a ban on Russian diamond imports and examine claims of organized theft at stores.

From the BBC World Service: Italian Prime Minister Giorgia Meloni’s administration is pulling out of China’s flagship Belt and Road Initiative, the massive  infrastructure and trade project. This is leading to fears that Italy’s $20 billion export market into China could be threatened. Plus, G7 countries look to sanction Russian diamonds. Then, in Spain, a poor harvest is causing a shortage of olive oil and pushing prices up.

The Biden administration may be delaying a long-discussed ban on menthol cigarettes, which have been heavily marketed in Black communities. Banning them in an election year could be politically fraught for President Biden, whose 2020 campaign hinged on the support of Black voters. Also on the show: changes in the subscription economy, slower job growth and what 360% inflation feels like in Venezuela.

HUD is expected to release its annual Point-In-Time homelessness count later this month. High housing costs, an influx of asylum seekers and an end to COVID relief funds have strained resources aimed at serving the unhoused over the past year. What can we expect from the survey? We’ll also hear how banks are grappling with higher interest rates and stricter proposed rules, and we take a bite out of McDonald’s new concept restaurant, CosMc’s.

From the BBC World Service: In the United Kingdom, Amazon and Google have called out Microsoft’s cloud computing practices, alleging that the tech giant is restricting customer options. The multi-billion dollar sector is being investigated by the U.K.’s anti-trust authority. Plus, Vladimir Putin heads to the Middle East. And, amid rising tensions with an oil-rich neighbor, how is Venezuela’s economy faring?

From the Rolling Stones to Bonnie Raitt and Dolly Parton, there are plenty of septuagenarians creating new, quality works. These performers are redefining “oldies but goodies,” but what can they teach us about prospects for an economy with an aging population? We rock out a bit, then discuss. Also on the show: Sweden’s Ericsson sees a win over Finland’s Nokia, and Moody’s issues a negative outlook for China’s government debt.

A tax case over $15,000 that could rewrite the U.S. tax code goes before the Supreme Court today. We’ll parse the arguments, politics and implications of it all, including what a ruling could mean for a potential wealth tax. Then, we’ll hear how Chinese property giant Evergrande avoided liquidation this week and what Mark Cuban’s sale of the Dallas Mavericks could mean for gambling in Texas.

From the BBC World Service: Moody’s, the rating agency, has changed China’s government credit outlook from stable to negative due to debt fears and lower growth forecasts. And, one year on, have sanctions from the European Union and G7 stop oil money flowing to Russia? Then, a former Tesla employee says he believes the company’s self-driving tech isn’t fit for public roads.

The use of buy now, pay later services hit an all-time high this past Cyber Monday. Consumers spent $940 million online using BNPL, which they’ve continued coming back to as high inflation and credit card interest rates strain budgets. We dig into the risks these services carry. Plus, we hear about the latest rounds of layoffs at Spotify and some of the hurdles to HIV-prevention medication uptake.

As the global climate change summit COP28 continues, former Secretary of State Hillary Clinton is calling for changes to how properties are insured in the face of climate change. Insurers are already pulling out in parts of California and Florida, but what exactly would reforms to the industry look like? Then, Venezuela votes to claim part of oil-rich Guyana, and self-driving cars face quite a number of roadblocks.

From the BBC World Service: In its third round of job layoffs this year, Swedish music-streaming giant Spotify says it’s cutting 1,500 jobs, or 17% of its workforce. Plus, we look at why the president of COP28 is in hot water over his comments on the science of reducing global heating. And in the United Kingdom, there’s a black market for so-called “skinny jabs” — knock-off versions of weight loss drugs.

The band Kiss will play what it’s calling its last ever show this weekend in New York City. Thing is, the band has said farewell before — on a tour more than 20 years ago. Turns out, saying (or kissing) goodbye is a big business. Also on the show: Meta’s lawsuit against the FTC, a big month for bonds and a fund for climate change impacts.

Federal Reserve Chair Jerome Powell speaks later today, after other Fed officials have been particularly chatty. This is before a quiet period that precedes the next meeting on interest rates this month. What sort of economic portrait have they been painting? Then, OPEC+ essentially maintains the status quo and we look at some of the barriers to accessing and affording HIV-prevention medication PrEP.

From the BBC World Service: Germany is looking at an $18 billion gap in next year’s budget because of a court decision last week on a German fiscal rule known as the debt brake. Then, Brazil says it’s deploying military reinforcements to its northern border, as tensions rise between its neighbors Venezuela and Guyana over a disputed oil-rich region. And later: a look at the big business of advent calendars.

Consumer Reports is out with a survey finding that EV owners had roughly 80% more problems than owners of conventional vehicles. Key problems included issues with charging and batteries. To the start the show, we parse out findings of the report. Then, chief marketers worry about the prospects of a recession (yet again) and music service Mdundo eyes growth in Africa.

We’re in the thick of holiday shopping season. But as companies compete for consumer dollars and distinguish themselves through advertising, they’re taking inflation into account and trying to play to customer emotions. Plus, X’s Elon Musk has some choice words for boycotting advertisers, and celebrities face potential liabilities when promoting financial investments.

From the BBC World Service: The appointment of the COP28 summit’s president, Sultan Ahmed Al-Jaber, has been controversial, as he’s also the CEO of Abu Dhabi’s state oil company. We take a closer examination. Then, the European Commissioner for Competition, who has taken on tech giants like Alphabet and Amazon, speaks to us about AI regulation. And as African music has gained global popularity in recent years, Kenya-based music service Mdundo aims to double its 25 million monthly users.  

Charlie Munger, business partner to Warren Buffett and vice chairman of Berkshire Hathaway, died on Tuesday at the age of 99. Today, we look back at the wisdom and humor of the Oracle of Omaha’s right-hand man. Plus, the U.S. economy grew faster than we thought, and China makes a bet on green energy. Also: a refresher on campaign finances rules.

It’ll be one year this week since ChatGPT was released to the public. While there was handwringing about waves of jobs being replaced by bots, that hasn’t quite happened. We’ll take a look at how human workers are using generative AI (or not). We’ll also hear why home prices in Detroit have surged and how a Supreme Court case could upend how the Securities and Exchange Commission does business.

From the BBC World Service: Over 10 years ago, Uber shook up the United Kingdom’s taxi scene. Now, the company says it will open up its platform to London’s black cabs early next year. Plus, 41 Indian construction workers have been rescued from a collapsed tunnel in the Himalayas after being stuck for 17 days. Then, China is positioning itself to dominate the global supply of green technology.

The weeks around Thanksgiving and Christmas are often some of the busiest times of the year for food banks. And demand is up this year, as holiday expenses compound the stress that inflation and the end of pandemic-related federal benefits have placed on household budgets. Also on the program: a fast fashion IPO and a first for sustainable aviation.

If you couldn’t make it to some of the biggest concerts of the year, no problem. Beyoncé’s Renaissance film comes out this Friday, which follows Taylor Swift’s highly popular Eras Tour film. The flicks provide another boost to the artists but also give movie theaters the chance to profit off of ticket sales and themed food or merchandise. Also: hopes for Giving Tuesday and a preview of holiday toy sales.

From the BBC World Service: The first transatlantic flight powered only by what’s being called “sustainable aviation fuel” is due to take off from London today. Plus, a Swedish court has ruled that the country’s transport authority has to find a way to get license plates to Tesla, because postal workers are on strike. Then, TikTok’s owner ByteDance says it’s downsizing its gaming division.

Many of the world’s biggest economies have agreed to non-binding safety standards for artificial intelligence. While the joint guidelines address cybersecurity, they don’t extend to key issues like economic disruptions or potential threats to humanity. We dig into what this means as governments struggle to keep up with the pace of AI development. Plus, nothing like a U.N. climate summit for pitching expanded oil and gas deals.

The United Nations’ annual climate summit, COP28, will kick off in Dubai later this week. Government and private-sector leaders will convene to outline steps to curb emissions and limit the impacts of global warming. What are some of the things we’ll be looking for? But first, we’ll unpack Black Friday sales and give a preview of Cyber Monday spending. Also: more problems in China’s rocky financial sector.

From the BBC World Service: Leaked documents obtained by the BBC suggest that the United Arab Emirates has been using its role as host of COP28 as an opportunity to strike oil and gas agreements. Then, Chinese officials have launched an investigation into one of the country’s biggest shadow banks. Plus, analysts say Zimbabwe has become the world’s leading blueberry exporter.

Earlier this month, the Commerce Department reported that construction of single-family homes was up 13% from October of last year. All that new construction is supporting both the housing market and generating business for the home construction supply chain. We take a closer look. Plus, consumers continue splurging on experiences and a relatively narrow strike in Sweden against Tesla has spread to multiple industries.

More than 180 million people are expected to shop either in store or online this holiday weekend, according to the National Retail Federation. While nearly everyone regardless of age is likely to experience sticker shock, we’ll preview where older adults and younger generations are most likely to splurge. And later, we’ll take a closer examination at Saudi Arabia’s investment in soccer.

From the BBC World Service: Several trade unions in Sweden are striking against Tesla over the company’s refusal to sign a collective agreement on pay and conditions for its staff. Other unions are supporting the strike, including the Union of Service and Communication Employees, stopping postal and delivery services to Tesla. In Europe and the United Kingdom, unions and activists are taking action against Amazon, aiming to use strikes to prevent merchandise from reaching Amazon parcel lockers on Black Friday. Then, with Saudi Arabia the likely host of the World Cup in 2034, we look at the country’s relationship with soccer.  

A recent report finds that Native people in tech are underrepresented in the high-paying sector. Just 20% of high schools on reservations offer computer science courses, the research finds. What can be done to close that gap? Plus, European beekeepers try to defend against an invasion of Asian hornets.

The chair of the FDIC was grilled during Congressional hearings last week following reports by the Wall Street Journal on allegations of sexual harassment and racial discrimination at the agency. We’ll dig into the responses to and potential consequences of the alleged toxic culture. Plus, we hear what’s being discussed in earnings calls and learn how Ukrainian women are stepping up to fill traditionally male industries.

From the BBC World Service: In the Netherlands, far-right politician and EU critic Geert Wilders has claimed a shock election victory; immigration and the economy were major factors. Also on the program: Asian hornets are spreading fast across Europe, where the insects are threatening the production of honey and fruit crops. Then, following Russia’s invasion, millions of Ukrainian women have taken on new roles that were previously done by men, including mining.

Fidelity Investments reports that workers taking out a so-called “hardship withdrawal” from their retirement accounts — one used to cover emergency expenses — ticked up in the third quarter. Thing is, those who make those withdrawal are the ones most likely to need the cash in their older years. We explore the consequences. Plus, what durable goods orders can reveal about the economy and how kimchi grew to be a global phenomenon.

Last week, an Andy Warhol piece up called Bomb — literally a silver-painted bomb — failed to sell because its reserve wasn’t met. Why couldn’t it fetch a higher price? We’ll discuss and take a closer look at the high-end art world. Also, OpenAI exemplifies what can happen when employees threaten to quit en masse, and a major settlement shakes up crypto exchange Binance.

From the BBC World Service: The drama continues at artificial intelligence business OpenAI, where co-founder Sam Altman is set to return as boss just days after he was fired by the board. And, in the Netherlands we hear voters’ concerns about inflation as they head to the polls. Meanwhile, South Korea’s traditional cabbage-based dish, kimchi, is finding favor beyond Asia. We take a look at the growing global market.

The Index of Leading Economic Indicators is supposed to give insight into where the economy’s headed. It’s been pointing to a recession for 19 months, but that economic slowdown has yet to materialize. So what are economists predicting now? We’ll also hear about the slim possibility of airline strikes. And later: Polish drivers blockade trucks at the Ukrainian border.

Elon Musk’s social media platform X, formerly known as Twitter, has filed a lawsuit against nonprofit Media Matters after it released an analysis showing that ads on the platform appeared next to antisemitic content. Media Matters’ report prompted some companies to pull advertising. We dig in. Then, from Marketplace Morning Report’s “Skin in the Game” series, up-and-coming video game developers share their dream jobs.

From the BBC World Service: A human rights group in Cambodia says that clothing waste from big brands like Adidas, Walmart and others are being burnt as cheap fuel in factories making bricks. Plus, a look at why China has particular concern for Zambia’s debt restructuring plan.

A key priority of the Federal Reserve is to stabilize prices, which it’s trying to do by raising interest rates. But the Fed is also tasked with maximizing employment, and economists met at the Boston Federal Reserve this weekend to discuss just that. Then, we chat about the cost of a Thanksgiving meal and hear how minors in the U.K. are able to illicitly work for food delivery apps.

The deadline for child care providers to spend over $37 billion in federal pandemic-era subsidies is more than a month behind us. Now that the money’s gone, providers are trying to make up the difference and some are contemplating upping prices. But parents are already being squeezed. Also: a hectic weekend for former ChatGPT CEO Sam Altman and a boost to local economies courtesy of outdoor recreation enthusiasts.

From the BBC World Service: Argentina has a chosen a new president — the libertarian Javier Milei, who has some radical ideas about how to tame hyperinflation, such as dollarization. We take a look at how those plans might work. Plus, how many delivery riders are underage? A BBC investigation has found a black market trade in delivery app accounts in the United Kingdom that allows children to sign up.

The Asia-Pacific Economic Cooperation summit, or APEC, concluded this week with a major focus on the meeting between President Joe Biden and China’s President Xi Jinping. We’ll dig into how the meeting received by Chinese news outlets and hear how Japan tried to manage its fraught relationship with China. Then, we’ll take a look at holiday shopping and tribal leader policy priorities.

On Thursday night, President Joe Biden signed a bill to temporarily avoid a government shutdown. But the stopgap measure basically pushed some more controversial items — including Biden’s request for more funding for Ukraine and Israel — down the road. What might some potential paths ahead be? And later, we examine how settlers abused financial guardianship in the Osage Nation.

From the BBC World Service: Argentina will choose a leader on Sunday, so what economic factors will be on voters’ minds? Also, an executive of U.K.-based Stability AI quits over concerns about using copyrighted works without consent. And as shoplifting rises globally, the boss of a store chain in Wales talks about the impact thefts have on the business.

2023 was the year that the the United States Postal Service was supposed to break even, per Postmaster Louis DeJoy’s austerity plan. But this week, USPS announced a $6.5 billion net loss for the last fiscal year. We take a closer look. Plus, checking in on U.S.-China tariffs and examining the specialized supply chain needed to move avocados.

Veterans often develop a unique slate of skills when serving in the armed forces, but private-sector employers sometimes fail to recognize those abilities. At a time when many companies are still struggling to hire up, how can we more successfully match veterans’ talents with civilian opportunities? Also: tackling discrimination in internet access and recapping the Biden-Xi talks.

From the BBC World Service: Russia is the world’s largest producer of rough diamonds, and despite all the sanctions imposed after the invasion of Ukraine last year, diamonds are one of the few major exports still untouched. But that’s about to change. Plus, Taiwan is at the heart of the world’s semiconductor trade, but as tensions with China persist, is it viable to have so much production in one place?

The House of Representatives has passed a stopgap spending measure to avoid a government shutdown. Now, it’s up to the Senate. But the bill lacks some major funding provisions, including for WIC — a federal food assistance program for women and children that has seen soaring enrollment in the past year as food prices have climbed. Also: wholesale prices, sports viewership and the U.S.-China semiconductor trade dispute.

We’ll be getting some clues about how this year’s holiday shopping season will pan out, with big retailers like Target, Walmart and Macy’s slated to released quarterly results today and tomorrow. What can we expect from holiday consumer spending? Then, we hear about the latest season of Marketplace’s climate solutions podcast, “How We Survive,” which digs into what happens when water becomes unaffordable.

From the BBC World Service: China’s president has arrived in California ahead of a face-to-face meeting with President Joe Biden, in an efforts to ease tensions over trade, technology and Taiwan. The pair will hold talks at the edge of the conference for Asia Pacific leaders. Plus, inflation in the United Kingdom drops to its lowest level in 2 years as energy costs fall.

The dating app business isn’t doing so well these days. Stock prices for Bumble have slid since it’s gone public and the company recently announced a new CEO. In a market saturated with apps claiming to help users finding love, daters are feeling “swiped out.” Also on the program: a crackdown on fentanyl exports from China and a breakdown of today’s fresh inflation figures.

Consumer advocate and former presidential candidate Ralph Nader isn’t exactly known as a friend to corporations or their leaders. But in his latest book, Nader outlines lessons from CEOs who he believes have been forces for good. Today: a conversation with America’s consumer-advocate-in-chief. Also: What are the practical effects of a downgrade to the U.S. credit rating?

From the BBC World Service: Nepal’s government bans TikTok with immediate effect, saying the platform is bad for “social harmony.” Additionally, reports suggest India could lower import tariffs on electric vehicles after lobbying from Tesla. Also: What impact will the Michelin Guide’s expansion of its Turkey listings have on the country’s tourism sector?

Both Hollywood actors represented by SAG-AFTRA and United Auto Workers union members have reached tentative agreements with employers in recent weeks, which still need to be voted on and ratified. But these votes are more than just a rubber stamp. We dig in. Also: U.S. President Joe Biden and Chinese President Xi Jinping are slated to meet this week. What’s at stake?

There’s no deal in sight yet to avert a government shutdown by the end of this week. We take a closer look at the status of plans that leaders in Congress are mulling and how this is affecting the U.S. credit rating and outlook. Then, we head to Los Angeles to hear from a striking hotel worker contending with the affordable housing crisis.

From the BBC World Service: German carmaker BMW says it is seeking clarity over allegations of labor and environmental violations made against a cobalt mine operator in Morocco, which supplies metals for electric car batteries. Plus, why haven’t Chinese tourists returned to Thailand in the numbers seen pre-pandemic?

A new report from the Urban Institute finds that hundreds of thousands of younger veterans are uninsured. One of the solutions it outlines is expanded Medicaid, which all but 10 states have already done. Plus, the story of terror portrayed in “Killers of the Flower Moon” takes place in the 1920s and ’30s. But what happened after? We hear about the Osage Nation’s developments in government, language preservation and land acquisition.

Many in Hollywood breathed a sigh of relief this week when SAG-AFTRA reached a tentative contract agreement with major studios. But though movie theaters are hungry for content, the impact of the actors strike may linger well into next year. Plus, what will the approval of weight loss drugs mean for health care costs? And later, we hear from an entrepreneur who made vintage arcade games his career.

From the BBC World Service: Meta, the company that owns Facebook and Instagram, is stopping political campaigns from using its generative AI advertising products. The move aims at tackling misinformation and deepfake videos. Then, Diwali — the Hindu festival of lights — takes place on Sunday. But as people battle higher living costs and air pollution, will the celebrations be a bit dimmer this year? Additionally, JKN Group — the Thai owner of the Miss Universe beauty pageant — has filed for bankruptcy.

After a nearly four monthlong strike, SAG-AFTRA performers reached a tentative agreement with Hollywood studios last night. While details are still scarce, both sides are celebrating — and there are signs of big gains for actors. What will we be looking for in the contract and what does it mean for our favorite shows? Also, workplace injuries are up and a bakery in Gaza struggles to keep up with demand.

For this month’s “Econ Extra Credit” project, we’re watching Martin Scorsese’s new feature film, “Killers of the Flower Moon.” The film shows how white settlers terrorized members of the Osage Nation, violently attempting to acquire their oil resources. We’re joined by professor and Osage Nation citizen Jean Dennison to define key concepts in the film, including headrights and guardianships. But first: What’s up with Speaker Mike Johnson’s financial disclosure?

From the BBC World Service: A group of young former McDonald’s workers in the United Kingdom is taking the fast food chain to court, accusing it of failing to protect them at work. Earlier this year, a BBC investigation revealed allegations of sexual assault, harassment, racism and bullying. Plus, Bangladesh is the world’s second-largest exporter of clothes, but workers are protesting over better pay and conditions. Then, as the French government hosts a conference in Paris today to discuss ways of getting humanitarian aid to people in Gaza, we hear from a bakery in the territory that is struggling to keep up with the massive demand for crucial supplies of bread.      

As investors sense the Federal Reserve is done raising interest rates, stocks are seeing an extended rally. Of course, no one knows what the Fed will really do until they actually do it. Elsewhere, a possible light at the end of the tunnel for the shipping industry’s recession, and checking in on El Salvador’s big gamble on bitcoin.

A former safety engineer at Facebook parent company Meta tesifies, “We cannot trust them with our children,” citing indequate options for addressing harmful material. Plus, a look ahead at this weekend’s Asia Pacific Economic Cooperation Summit in San Francisco; stocks rally on hopes of no more interest rate hikes; and new legislation looks to boost Americans’ retirement security.

From the BBC World Service: Wine production around the world is set to fall this year to its lowest level in more than 60 years, mainly down to changes in the weather. Plus, consumer and environmental groups have issued a legal complaint to the European Commission, saying that Danone, Nestle and Coca Cola are making misleading claims about plastic bottles being 100% recycled – or being completely recyclable. The big brands deny this. And, El Salvador made history in 2021 by becoming the first country to accept Bitcoin as legal tender, but how has it worked out for ordinary Salvadoreans?

Of 47 countries, the United States ranked No. 22 in a recent Mercer ranking of global retirement systems. We discuss the lessons the U.S. might be able to learn from higher-ranking countries and why the U.S. retirement system is falling so far behind. We also hear about the latest on aid to Gaza and yet another potential government shutdown.

Open enrollment season is underway, and the Federal Trade Commission is warning consumers about scams — especially ones that take advantage of older adults. We hear from experts on how people can protect themselves and their loved ones. Plus, WeWork, the company known for its hip co-working spaces, declares bankruptcy. And later: Should college athletes be considered employees of their schools?

From the BBC World Service: A judge in Italy orders the seizure of $835 million from short-term rental giant Airbnb, as prosecutors say it failed to collect a tax from landlords. Also: The European Space Agency changes the way it works by launching a competition to develop a commercial space capsule.

Open enrollment season is upon us, and a new type of benefits is gaining popularity: support for workers going through menopause, including flexible time off, counseling and hormone therapy. While only a small number of workplaces currently provide menopause-specific benefits, a growing number of employers are open to the idea. Later in the program: Germany aims to crack down on illegal immigration.

The deadline to spend pandemic-era child care subsidies passed at the end of September, the so-called “child care cliff.” We visit one child care facility in Baltimore to hear how the end of federal funding could affect providers’ ability to recruit and retain workers. Plus, a video game maker goes after the Google app store, and the House of Representatives is expected to vote on its transportation funding bill.

From the BBC World Service: Nonessential building work is paused, commercial trucks are banned, and office staff are working from home in the Indian city of Delhi due to severe pollution. Plus, a United Nations report shows the cost to farmers of Taliban authorities’ ban on opium poppy cultivation in Afghanistan. Also: Germany’s government hopes tougher sentences for people traffickers will slow illegal migration.

Some 150,000 jobs were added in October. That’s less than expected but still shows healthy growth. We do the numbers on this morning’s jobs report, which shows a cooling economy more in line with what central bankers are hoping for. We also take a bite out of Apple’s earnings report and hear from an entrepreneur who started a gym that centers the needs of people with physical disabilities.

The former head of collapsed crypto exchange FTX Sam Bankman-Fried was found guilty on all charges of fraud and conspiracy yesterday. We review how one of the biggest fraud cases in recent memory wrapped up. Then, holiday spending is projected to grow this year. And later, a look at the Biden administration’s new, more tailored student loan forgiveness plan.

From the BBC World Service: China was the biggest importer of Australian wine, until Australians called for an investigation into the origins of COVID-19 and China slapped tariffs on various commodities. But as relations between the countries improve, could the wine start flowing again? Also: Will there be a time when jobs aren’t necessary? Elon Musk thinks so and he’s putting it down to AI. Plus, religiously conservative Malta is fast becoming known as one of the most gay-friendly places in Europe, giving its tourism industry a boost.

EV sales are growing, but not as quickly as hoped. Carmakers are now dialing back EV production targets. And it’s possible that the deals that ended the United Auto Workers’ strike could make EVs less profitable for companies too. Is it a tap on the brakes for EVs? Plus, we take a look at the growing dupe market and hear why Disney is buying the rest of Hulu.

Living conditions in Gaza were already dire before Israel’s military offensive operations. Prior to the war, Gaza’s unemployment rate exceeded 45%, and two-thirds of the population were living in poverty. Now, Israel has cut off food, fuel, water, gas and electricity. We discuss the repercussions. Plus, is the Federal Reserve as concerned about raising interest rates too much as it is about not hiking them enough?

From the BBC World Service: Would you invest thousands of dollars on designer handbags or clothes? Or would you buy strikingly similar ones for a fraction of the cost? We take a look at the booming market for duplicates, or dupes. Also, it’s day two of a big AI summit in the United Kingdom, where world leaders and tech giants are discussing the threats and the opportunities of the technology. They’ve announced a deal, but many are worried they may have their priorities wrong. Plus, Japan is putting together an economic stimulus package worth more than $110 billion to help combat the impact of inflation.  

The past few years have been anything but melodious for the music industry. Concerts have roared back with pandemic restrictions lifted, but how have the economics of live shows, streaming platforms and new technologies changed? But first: A jury found that realtors have kept commissions artificially high.

The Federal Reserve wraps up its two-day meeting today, but something else may overshadow Chairman Jerome Powell’s news conference: a Treasury Department announcement detailing the mix of bonds it’ll use throughout the rest of the year. While it’s usually a snoozefest, we explain why economists (and the Marketplace team!) are planning to stay wide awake. Plus, smaller homes are having a moment and Maine’s “yellow-flag” law is under scrutiny.

From the BBC World Service: Government representatives and tech leaders are meeting in the United Kingdom for the world’s first safety summit on artificial intelligence. What might come out of it? Plus, a drought is forcing a traffic reduction through the Panama Canal. And there’s another controversial host for the men’s soccer World Cup, as Saudi Arabia is set to hold the 2034 competition.

More colleges are offering early decision admissions, where students signal that a particular university is their top choice but have to commit before seeing their financial aid package. Early decision is not without controversy. Students who apply early tend to be wealthier, and critics say the practice undermines fairness. Plus, child care costs continue to climb, and the UAW hopes its contract wins will encourage other car manufacturers to unionize.

While there’s often a narrative that scammers target older adults, scammers don’t discriminate. Turns out, younger people are more likely to report losing money to a scam. We delve into the types of scams Gen Zers fall for and what consumers can do to protect themselves. Also, the Biden administration cracks down on junk fees from financial advisers, and the market might be doing some of the Fed’s work.

From the BBC World Service: A tour company has been found guilty of not “minimizing risk” in the 2019 White Island volcano eruption, in which 22 people died. Then, the government in Haiti has suspended flights to Nicaragua, which has become a popular connection point for migrants trying to reach the United States. Also: Scaring people is big business. We look at the tourism attractions recreating the dark side of history.

More than 1,400 CEOs have left their jobs from January to September this year. That’s up by almost 50% from the same period last year, and it’s the biggest turnover in more than two decades, according to a recent report. What’s behind the exodus? Also: The Biden administration looks to regulate artificial intelligence, and federal oversight can get in the way of Native homeownership.

Be honest: Do you prefer self-checkouts at stores or do you actually kinda dread them? Today, we hear how self-checkout machines failed to deliver on their promises to save time and money for both retailers and consumers. Plus, the United Auto Workers union reached a tentative deal with carmaker Stellantis but has no deal yet with General Motors, where strikes are expanding.

From the BBC World Service: The world’s most indebted real estate developer, Evergrande, has been told it has weeks to avoid liquidation by agreeing a repayment plan for the money it owes. Then: Ecuador’s incoming interim President faces a number of challenges, including revitalizing the economy while also shutting down a key oil field.

The Federal Reserve’s interest rate hikes have forced plenty of consumers to put off bigger purchases, such as a new appliance. But people are still spending lots on cheaper, everyday services — like a haircut or dining out. That, coupled with wage increases, have caused services inflation to remain elevated. Plus, thousands of hotel workers strike in downtown in LA and October can be a spooky month for stocks.

Folks in econ circles sure do love their acronyms. Later this morning, the Commerce Department releases the PCE, or the personal consumption expenditures price index, for September. But there’s also the CPI, or the consumer price index. We give you the TL;DR on both measures of inflation. Then: a case study of an immigration scam and how communities are fighting back.

From the BBC World Service: The Chinese Foreign Minister Wang Yi is in Washington meeting U.S. Secretary of State Antony Blinken. Has the bubble burst for the Hipgnosis Songs Fund? It owns the rights to songs written by Blondie, Shakira, Neil Young and others, and more than 80% of its shareholders voted against plans for it to continue as an investment trust.  

Average interest rates for retail credit cards, like cards for Gap or Home Depot, have reached new highs at nearly 29%, according to data from Bankrate. That’s compared to the typical rate for your standard Visa or Mastercard, which runs around 21%. What gives? Also: Unpacking today’s GDP figures and the UAW’s tentative deal with Ford.

Republican Mike Johnson of Louisiana was elected as the speaker of the house yesterday. What does this new leadership mean for spending bills to avert a looming government shutdown, aid packages to Ukraine and Israel, and the farm bill? We explore. Plus, food insecurity climbed last year. Then, more states are requiring financial literacy classes. We look at the impact.

From the BBC World Service: New figures suggest Germany could already be in recession, as business activity contracted for a fourth straight month in October. Also, China and Colombia have elevated diplomatic relations to the next level — a so-called “strategic-partnership” — which is likely to raise eyebrows in Washington. And it turns out that the “Barbie” movie has boosted toy sales for its maker, Mattel.

While we’ve gotten cozy to the idea that money’s nearly free to borrow over the last few years, the yield on the 10-year Treasury note briefly crossed 5% last week. But 10-year Treasury rates have historically been 5%. Is this actually just a return to normal? Plus, major state lawsuits against Meta loom over its quarterly earnings report today. Also: what U.S. sanctions relief means for Venezuela’s oil production.

U.S. financial regulators recently made big changes to the Community Reinvestment Act. The fair lending rules are from 1977 and were designed to stop damage from redlining. But not everyone’s happy with updates to the law. We discuss. Plus, there are tons of applications — and big benefits — to gamified training.

From the BBC World Service: The lab-grown diamond industry is now a $14 trillion market. Pandora, the world’s largest jewelry-maker, is expanding its lab-grown diamond range. Plus, eToro, a trading and investing platform, says that short selling has risen in popularity among ordinary investors in the last few years. And lastly, France’s government has announced new rules that mean businesses must tell customers whether food on the menu is house-made.  

Have no doubt: Fossil fuels are out and renewables are in. The International Energy Agency predicts a dramatic shift toward green energy by the end of this decade. And more than 130 large companies recently signed onto a letter urging world leaders to ditch fossil fuels. Plus, the Biden administration is making a bet that hydrogen fuel will help bring the American economy to net-zero carbon emissions by 2050.

Both General Motors and Ford will report quarterly earnings this week as the United Auto Worker strike stretches into its sixth week. Investors — and the union — will be scrutinizing the numbers for clues about how the extended work stoppage is affecting the companies. Also: a preview of Big Tech earnings and the importance of “Davos in the Desert.”

From the BBC World Service: Women across Iceland are to strike from paid and unpaid work on Tuesday to bring attention to inequality. Then, the China-U.S. Economic Working Group holds its first meeting in a effort to make relations between the two countries more constructive. Lastly, the wool industry once helped save the vicuna from extinction, but a fall in wool prices could pose a new threat.

The U.S. government ran a budget deficit of about $1.7 trillion for the 2023 fiscal year, up 23% compared to the year before. How did we get here? We dig into what the government is spending, what it’s taking in and the steep toll interest rates are taking. Also: a brief history on U.S. aid to Israel.

The first two groups of trucks carrying humanitarian aid into Gaza crossed over the border from Egypt this weekend. Today, we discuss how international gets where it needs to go and the sort of complications that can arise when distributing it. But first: Chevron looks to buy Hess in the latest major fossil fuel industry deal.

From the BBC World Service… China has launched an investigation into Taiwan-based iPhone-maker Foxconn. Officials are conducting tax inspections into the company which is the biggest maker of iPhones for US tech giant Apple and is one of the largest employers in the world. There was no clear winner in Argentina’s presidential election, with Javier Milei and Sergio Massa heading for a run-off vote. Earlier this month, the arctic town of Kirkenes in North Norway near the Russian border banned Russian-registered cars – the last of the European countries sharing the land border with Russia, to do so; we look at the effect on the local economy.

Later today, President Joe Biden is expected to send an urgent foreign aid request to Congress, including funding for Israel and Ukraine. The House of Representatives can’t vote on anything until a speaker is elected. In the meantime, we dig into the funds at stake. Plus, the fight over net neutrality is reignited and an Argentine presidential candidate wants to nix the peso in favor of the dollar.

The country’s interest rates can make the difference between a growing economy and one headed toward recession. But the decision on what the Federal Reserve should do next month with interest rates looks like a day-by-day calculation. So what is Fed Chair Jerome Powell thinking right now? We unpack. And later, we take a closer look at the world of immigration scams.

From the BBC World Service: Nestlé is closing a baby milk factory in Ireland; the BBC’s John Campbell explains how a falling birth rate in China is responsible. Then, in the middle of an economic crisis and with inflation at almost 140%, Argentina votes for a new government this weekend, Natalio Cosoy reports on one of the candidates who’s promising to dollarize the economy.      

According to a recent survey by the Federal Reserve, the median household net worth jumped 37% from 2019 to 2022 after adjusting for inflation. Pandemic relief checks and extended unemployment benefits helped fatten bank accounts, even for low-income families. We’ll also check out what’s going on in the treasury market and hear the latest developments in the Sam Bankman-Fried trial.

All parents want their kids to succeed. But with AP and IB classes, extracurriculars and test prep, it seems like the bar to achieve for high school students just keeps getting higher. We delve into how we got here and how parents can help teens reframe their value and self-worth. But first: Netflix and bill? After a surge in subscribers following its password crackdown, Netflix is hiking prices.

From the BBC World Service: Manchester United’s board is meeting on Thursday to consider a bid from British billionaire Sir Jim Ratcliffe to buy a 25% stake in the club. Plus, Nokia cuts 14,000 jobs as its bet on 5G proves costly. And finally, the BBC’s James Graham explores why the cost of sending your children to private school in the United Kingdom is rising.  

While Morgan Stanley reported a drop in quarterly profits this morning, most major banks have posted strong earnings thanks to higher interest rates. But some are finding evidence of financial strain among businesses and consumers. Then, X experiments with an annual fee for users in New Zealand and the Philippines. And later: a look at why mandated diversity training doesn’t really work.

While the writers strike is over, actors have been striking for some three months now. That’s had impacts on those throughout the movie biz, including set builders, costume designers, production crews and more. But first: Lululemon joins the S&P 500. Additionally, the human toll of the Israel-Hamas War continues to mount, but the conflict also brings geopolitical risks for the global economy. We discuss.

From the BBC World Service: A senior aid worker explains the challenges and the urgency of getting humanitarian support into Gaza. Plus, X users in New Zealand and the Philippines will soon need to pay for basic features under Elon Musk’s latest plans. Then, as China’s Belt and Road infrastructure forum continues, we look at a project in Kenya, where work has halted after Beijing withdrew funding.

Following the murder of George Floyd, more than 50 districts ended or curbed their use of school resource officers, or SROs. But school shootings have continued since then, and some of those districts are now reversing course. We visit one school district reinstating SROs and look at the costs. But first: the not-so-obvious connection between how much consumers are buying and our mortgage rates.

While many companies have taken steps to address racial inequality, certain workplace dynamics and practices still allow racism to persist. We discuss what this looks like and what steps organizations can take to create more inclusive workplaces. Also: A recent ranking of retirement systems puts the Netherlands at the top of the list, while the United States received a C+. How can the U.S. raise its grade?

From the BBC World Service: Russian president Vladimir Putin is set to hold talks with Chinese president Xi Jinping and take part in a forum on Beijing’s Belt and Road infrastructure initiative. So how strong are the nations’ economic ties? And as the border between Gaza and Egypt remains closed, we hear the challenges of getting people and aid across the territory. Then: Now that the European Union’s ban on microplastics has come into effect, the bloc wants to tackle plastics in the supply chain.

Data from the National Labor Relations Board shows the number of union petitions filed in the past year rose 3%. That’s following a whopping 53% increase the year before. But more union petitions don’t always mean more union members. We explore. Also, we discuss what we could be hearing from Fed officials this week and delve into the role of misinformation in the Israel-Hamas War.

A New Jersey bankruptcy court will hold the the first hearing on the restructuring of pharmacy chain Rite Aid today. The smaller rival of CVS and Walgreens has been limping along for years and has been hammered by opioid lawsuits. We also take a closer look at the benefits of including salary ranges in job postings. And later: What are the returns on investments in the arts?

From the BBC World Service: TikTok says it is taking action against false and inaccurate content, and will assign more staff to tackle misinformation. In Greece, olive oil has been the target of a series of high-profile thefts. Plus, the Walt Disney Company celebrates 100 years since its inception.

While questions remain about how Hamas financed its deadly attack on Israel last weekend, we know that the militant organization has been collecting funds in cryptocurrency. But U.S. and Israeli authorities have cracked down on this flow of funds in recent days. We discuss. Also, the Commerce Department is looking to tighten restrictions on AI chip exports to China.

What do couples lose when one person prioritizes their career while the other — oftentimes women in opposite sex pairings — focuses on flexibility and care responsibilities? Today, we’re joined by Harvard’s Claudia Goldin, who revolutionized the study of why women earn less and won the Nobel Prize in economics this week, to discuss “couple equity.” And later: The IRS reports that the “tax gap” totaled nearly $700 billion in 2021.

From the BBC World Service: Microsoft’s revised offer to buy Call of Duty-maker Activision Blizzard has been approved by regulators in the U.K. The Competition and Markets Authority said the deal addressed its concerns, after the watchdog blocked the original $69 billion bid in April. Plus, it’s the 10th anniversary of China’s huge infrastructure project, the Belt and Road Initiative. Billions of dollars have been lent to countries in Africa, Asia, Europe and South America, but some countries are struggling with repayments.

This week, the star witness in the fraud trial of FTX’s Sam Bankman-Fried took to the stand: Caroline Ellison, former head of trading firm Alameda Research and on-and-off romantic partner of SBF. We unpack what we’ve learned about the relationship between Alameda and FTX and what it could mean for investors and regulators going forward. Later: Holiday shopping is beginning. Already.

Hollywood studios and the unions representing actors resumed negotiations 10 days ago, but contract talks halted last night. Many of actors’ key demands remain, and the news comes after Hollywood writers ratified their contract earlier this week. We hear the latest. Plus, economists expect some easing of inflation in the September consumer price index — but that doesn’t mean a smooth glide to the Fed’s goal of 2%.

From the BBC World Service: How does life continue for those caught up in war between Israel and Hamas? We hear from a doctor in Gaza, a tech business co-founder in Tel Aviv, and the BBC’s reporter there, Clive Myrie, speaks to Israeli citizens who’ve answered the call for mobilization. Also, the BBC’s correspondent in Madrid, Guy Hedgecoe, explores the impact of climate change on tourism.

This morning, President Biden is set to announce new efforts to reduce fees consumers are charged on tickets purchases, utility bills, hotel charges and more. We dig into how regulators are looking to tackle hidden junk fees. Plus, Birkenstock — the sandal everyone loves to hate — walks onto the New York Stock Exchange today. And later: Walgreens pharmacists protest difficult working conditions.

The number of books banned in public schools surged by 33% last year. While that’s led to a spike in sales for some authors, it can also translate to dried-up sales or speaking opportunities for others. We hear from a few writers about how book bans have personally impacted them. But first: What does aid look like to Ukraine and Israel in a speaker-less House?

From the BBC World Service: German shoemaker Birkenstock floats on the New York Stock Exchange today. BBC’s Damian McGuinness reports on its journey from shabby shoe to shabby chic. Meanwhile, in Israel, the government has launched a crypto crackdown over Hamas fundraising. Finally, a Swedish city is making plans to outlaw cars next year as it battles pollution, but at what cost?

Be honest: How much value do you get out of being on TikTok, Instagram and other social media platforms? New research shows the role that FOMO plays in keeping us online. Today, we dig into the costs of not being on social media and explore how apps can become a collective trap. But first, we make sense of tightening financial conditions.

So-called “prime age” workers — those 25 to 54 — are working jobs at a higher rate than before the pandemic. But the picture gets more complicated for older workers. We’ll take a closer look. Plus, gas prices have been deflating stateside despite OPEC trying to prop up oil prices. What gives? And later: The U.S. economy remains a bright spot at the annual World Bank/IMF meetings.

From the BBC World Service: Yields on U.S. Treasuries tumbled on early trading in Asia, as the conflict in Israel drives market uncertainty. And in Germany, campaigners are calling for the end of a decades-old law that jails people for using public transport without a valid ticket.

This month, payments on federal student loans resume. By one estimate, investors have poured $1.2 billion into student loan management startups in the past year. We take a look at this growing industry. But first, we hear how oil markets, bonds and more are responding to Israel’s declaration of war. And later: Ireland has a huge budget surplus. Now, the question is: How should it be spent?

Earlier this morning, we learned that Harvard economic historian Claudia Goldin was awarded the 2023 Nobel Prize in economics. Her research centers on labor market outcomes for women and the economic underpinnings of the gender pay gap. Senior economics contributor Chris Farrell joins the show to help us understand her works and their importance. Also: Workers at Mack Trucks go on strike.

From the BBC World Service: Neither Israel nor Palestine are major oil producers, so why does conflict there have such a big impact on the price of oil? Will Bain from the BBC explains. Plus, Leanna Byrne has been finding out how Ireland bucked the trend and managed to gather a budget surplus.

A whopping 336,000 jobs were created last month, according to the Labor Department. That figure is way higher than expected. We discuss how investors might be feeling and what it means for the Federal Reserve as continues trying to tamp down inflation. But first, there are signs of progress in the United Auto Workers strike. Then, we check in with how Europe’s smaller, independent hotels faring.

The 2023 Nobel Prize in literature was awarded this week to Norwegian author Jon Fosse. Though well known around the world, he’s not quite a household name in the U.S. But that may change. How is the book industry prepping for a boost in the author’s profile and sales? Also on the program: Amazon satellites and the actors strike.

From the BBC World Service: The World Trade Organization originally thought that global exports would grow by 1.7% this year, but now thinks they’ll only grow by 0.8%. The luxury brand Prada is to help design space suits for Nasa’s return to the moon in 2025. And Assassin’s Creed is one of the most popular and successful video game franchises ever, and with their new release, Mirage, they’re taking the game in a new direction.

Nearly one in six people in the United States is now 65 or older. While aging is often treated as an ominous economic problem, growing numbers of entrepreneurs and their financial backers are starting to see opportunities for innovation and profit in older populations. Plus, we got a peek at the latest unemployment claims today. And: the latest in the Justice Department’s antitrust trial against Google.

It’s been a mess in Congress this week. Kevin McCarthy is out as house speaker, while another government shutdown looms in the shadows. We unpack the economic impact that all this turmoil in Washington could have, including its potential affects on funding for Ukraine’s war efforts. But first: How are CEOs feeling right now? Plus, President Joe Biden cancels $9 billion in student loan debt.

From the BBC World Service: The 2030 Soccer World Cup will be held in six countries on three different continents, so how will it affect the bottom line — the money the hosts could make and the cost of building infrastructure? Indonesia has the second highest number of TikTok users worldwide, many of whom use the e-commerce feature, TikTok Shop. But following protests by traders in Jakarta who say it’s damaging their business, the feature has been removed. Plus, the problem of bed bugs in Paris has become so serious that sniffer dogs have been deployed to try and root out them out.

The Labor Department is investigating Tyson Foods and Perdue Farms after reporting from The New York Times found that migrant children had been working hazardous overnight shifts. How have minors been able to work some of most dangerous jobs in this country? We’ll also get the latest on the Kaiser Permanente strike — believed to be the biggest health care industry strike in U.S. history.

News of a leaderless House of Representatives is understandably grabbing headlines, but don’t miss what’s happening in the bond market. Investors are rushing to sell bonds, leading to higher borrowing costs and threatening prospects for a soft landing. But we’ve been here before. Plus, wealthy households cut back on charitable giving, and other brands threaten Nike’s sneaker dominance.

From the BBC World Service: The U.S. Treasury Department announced sanctions against what it’s called a China-based network responsible for manufacturing and distribution of precursors of fentanyl and a number of other illegal drugs. An investigation has found that more than 50 YouTube channels have used AI to make science videos for kids, which get the facts wrong while getting millions of views. And band called Easy Life in England is being sued by the parent company of the low-cost airline EasyJet for using a similar name.  

Workers at Kaiser Permanente are poised to go on strike starting Wednesday. The nonprofit health care system serves some 13 million members, and union contract negotiations have been in the works since April. We dig into the issues for Kaiser employees and the impact a strike could have on patient care. Then: a closer look at the UAW’s fight to protect its members through the EV transition.

Over the weekend, a federal appeals court temporarily blocked a contest from awarding grants to businesses that are majority-owned by Black women. But that lawsuit — and others like it — may have chilling effects on workplace diversity efforts and could impact Black entrepreneurs seeking funding. Plus, trade resumes for shares of China’s troubled Evergrande. And later: What can we expect from the Sam Bankman-Fried trial?

From the BBC World Service: In an exclusive interview, the Secretary General of the oil producers cartel OPEC warns of “dire consequences” for the global economy if investment in the oil sector falls. Crisis-hit Chinese property giant Evergrande saw its shares jump when it resumed trading in Hong Kong, but its future is unclear. And the BBC’s Paul Kenyon tracks down one of the so-called “dark fleet” ships carrying Russian oil, despite G7 sanctions.

The funding bill that averted a government shutdown this past weekend notably lacked additional funding for Ukraine. Is it time to rethink what it will take to support Ukraine’s wartime economy? We explore new approaches that could allow the country to thrive during long-term conflict. Plus, a look at why fast-food companies are on board with a $20 minimum wage for workers in California.

The U.S. Supreme Court begins a new term today and is slated to hear cases that would have the potential to dismantle some federal agencies, including one that polices the financial system. We preview the cases and their potential impact. Then, we do the number on Michigan autoworkers as their strike expands. Later: What will it take to make the video game industry more welcoming and diverse?

From the BBC World Service: India’s $1.5 billion online gaming industry faces a huge shake-up, as a 28% tax on revenue has come into effect. Meanwhile, Europe’s foreign ministers are gathering in Kyiv to show support for Ukraine after the U.S. cut aid. And the BBC’s Elizabeth Hotson reports on the growth of the tattoo removal market.    

The video game industry is bigger than movies and music combined. Our ongoing project is called “Skin in the Game,” and it’s a look at what games — and the vast industry that surrounds them — tell us about economics, business, money, careers and equity. And equity, in particular, is at the center of the discussion about what companies are doing and not doing to attract and retain talent who better reflect the diversity of game players and society. For more on that, we spoke with three leaders in the industry: Trinidad Hermida, CEO at The Hermida Company and executive director of the Black in Gaming Foundation. She’s also former head of diversity and inclusion at Niantic. We also spoke with Kevin Johnson, director of development at Double Fine Productions, which is part of the Xbox Game Studios family. And, Jessica Lindl, vice president and global head of education at Unity Technologies.

While the latest COVID vaccines are now out, this is the first round of COVID vaccinations to rely mostly on the usual health insurance and provider networks as opposed to the government. What could possibly go wrong? Plus: Privet, Barbie! Despite Western sanctions, a pirated version of “Barbie” has made it onto the big screens in Moscow.

As a government shutdown looms, mortgage rates have been rising. Those climbing rates have been chilling the housing market. We check in with lenders to see what mortgage demand is like. Then, to combat worker shortages, the Biden administration is releasing a worker training playbook. And later: The editor-in-chief of The Economist explains why she’s more concerned about the growing cost of U.S. debt than the shutdown.

From the BBC World Service: Officially, “Barbie” isn’t showing in Russia, but unofficially, pirated versions are doing a roaring trade in Moscow cinemas. Then, the European Union has the gig economy in its sights; it’s working on legislation that could give gig workers for ride-hailing or food delivery apps more rights. Plus, the giant Chinese property developer Evergrande has confirmed that its founder and chairman has been detained on suspicion of criminal activity. Its shares remain suspended.

A few years ago, an artist was commissioned by a Danish museum to produce one of his signature pieces — a canvas covered in money calling attention to low average incomes and inequality. Instead, he gave the museum blank canvases as part of a work titled “Take the Money and Run.” So what happens when an artist does just that? We also bring you the latest developments on the looming government shutdown.

In many parts of the U.S., it’s still legal to pay workers with disabilities a subminimum wage. But the Department of Labor said this week that it’s planning a comprehensive review of the policy. We dig in. Then, we take a look at the investments needed to avoid climate catastrophe. Plus, what would a government shutdown look like for federal employees?

From the BBC World Service: Shares in crisis-hit Chinese property giant Evergrande have been suspended again in Hong Kong, and it comes after reports its chairman had been placed under police surveillance. Plus, EA Sports’ soccer game FIFA generates billions of dollars, but a fresh commercial approach means this year’s edition has a new name. And later: Why are authorities in Paris keen to subsidize healthcare for the city’s pets?

Earlier this year, people were feeling more upbeat about the economy, with the job market hot and inflation cooling. But consumer confidence fell for the second straight month in September, according to The Conference Board. What’s weighing on consumers’ minds? We also unpack the lawsuit filed against Amazon by the FTC and 17 states, then hear about India’s premium motorcycle business boom.

Late-night talk show fans rejoice: The Hollywood writers strike is over. We outline the wins of the deal — including pay increases, minimum staffing requirements and limits on the use of AI — and discuss what it means for your favorite shows and actors still on strike. Then, what sorts of responsibilities to foodies have to the communities they explore?

From the BBC World Service: Before Brexit, goods moved freely between the United Kingdom and the European Union, but now there are far more rules and checks. BBC international business correspondent Theo Leggett reports on carmakers who are calling for a delay to a new trade tax. Also, the European Court hears a climate case brought by Portuguese youth. Finally, the BBC’s Archana Shukla has gone racing in India as the popularity of motorcycling opens up business opportunities for premium makers.

No, we’re not talking about a 21st century twist on the classic Dick and Jane. The makers of ChatGPT are now giving the artificial intelligence tool the ability speak and see. ChatGPT’s parent company, OpenAI, is planning to roll out the updated artificial intelligence to paying customers in the coming weeks. We humans discuss the changes. Then, we hear about a standoff over territory in the South China Sea.

From the BBC World Service: Spotify dominates the music streaming landscape, but they’re not about to ban AI-created content. That’s according to its founder and CEO, Daniel Ek, who has been speaking exclusively to the BBC. Additionally, officials in the Philippines have told the BBC that they won’t be daunted by Beijing in a territorial stand-off in the South China Sea, and they have now removed a floating barrier installed by China to block fishing boats. The BBC’s Laura Bicker reports from the island of Palawan.

President Joe Biden will join picketing autoworkers in Michigan today, while former President Donald Trump is slated to visit tomorrow. More labor organizing news also broke overnight: Members of SAG-AFTRA have voted to authorize a strike against 10 major video game companies. Then, Ford pauses construction on a battery plant site. Plus, what exactly does it mean to have a “partial government shutdown”?

The United Auto Workers union has expanded its strike to include some parts distribution centers. The move will impact car companies, car dealers and customers alike. We take a closer look. Then, we explore the mounting pressures brought on by higher interest rates that consumers looking to buy homes or cars are facing.

The Writers Guild of America reached a proposed contract agreement with Hollywood studios over the weekend. While union members still need to ratify the deal, we’ll dig into the latest developments. Then, a Senate bill could make it easier for legal cannabis businesses to access banking services. And later: the unintended consequences on Russians using crypto.

From the BBC World Service: Shares in the Chinese property giant Evergrande have plunged after it said it’s unable to issue new debt, because its subsidiary, Hengda Real Estate Group, is being investigated. Plus, Screenwriters in the U.S. are finally on the brink of ending their nearly five-month long strike — their union has reached a tentative deal with studio bosses. Then, cork or screw top? As the wine industry focuses on sustainable materials, cork is back in demand, helped by an innovation that has solved the problem of “corked” wine. And later: The world’s largest toymaker, Lego, has hit a brick wall in its quest to be more eco-friendly.

The owner of the Everton soccer club in England’s Premier League has agreed to sell the Liverpool-based team to an investment group based in Miami. If approved, it would mean Americans own 10 of the 20 clubs in the world’s most lucrative soccer league. What’s behind the surge in Yankee investment? Then, we examine how to combat both poverty and the climate crisis.

During the pandemic, federal subsidies kept many child care facilities afloat. But that aid will begin to disappear at the end of the month. Meanwhile, federal spending on kids has generally fallen. We examine the impact on children and families. We’ll also do the numbers on a potential government shutdown. And later: a kid-friendly guide to tipping.

From the BBC World Service: The United Kingdom is set to clear a fresh Microsoft-Activision deal. In August, the “Call of Duty” maker agreed to sell its streaming rights to Ubisoft Entertainment and the U.K.’s regulator, the Competition and Markets Authority has now said this “substantially addresses previous concerns.” Energy giant Chevron and unions have struck a deal to end strikes at two large liquefied natural gas facilities in Australia. The industrial action had threatened to disrupt exports of LNG. Plus, it was all about interest rates this week: Which central banks would up them or hold them? We look at some of those big decisions.

Almost a week into the autoworkers strike, there are few signs of progress. If little movement is made by tomorrow, the United Auto Workers union is promising to expand their strike. We look at the impact this could have. We also examine why more companies are going private and hear how one Skid Row nonprofit is grappling with a dip in volunteerism.

That seems to be the current approach by the Federal Reserve as it aims for a 2% inflation target. The central bank opted to leave interest rates unchanged yesterday, but what about the path forward? We dive in. Plus, TikTok drives “frenzies” of antisocial behavior, a BBC analysis shows. And later: a view of tipping from the United Kingdom.

From the BBC World Service: Poland has been one of Ukraine’s staunchest allies since Russia’s full scale invasion last year — welcoming more than a million refugees and helping to supply a stream of weapons. But now it says it will no longer supply its neighbour with arms in a row over grain imports. Plus, Tesla is eyeing expansion in India but how ready is the country’s charging infrastructure for a big electric vehicle push?  

Expectations around tipping have evolved in the last couple of years. So how much should you be tipping these days? What about for dine-in versus takeout or delivery? And why does tipping stir up such strong emotions? We answer these questions — no tip required. But first, it’s decision day for the Federal Reserve. We preview today’s interest rate announcement, as well as the Fed’s economic projections.

The price of insurance premiums are not keeping up with the amount of risk homeowners face as the climate crisis plays out. A price correction is coming, a new report finds, and it’ll push housing affordability further out of reach. And later: How does tipping in South Korea compare to the United States?

From the BBC World Service: Japan’s fishing exports plummet 70% after China banned imports over the release of treated radioactive water from the Fukushima power plant, the BBC’s Mariko Oi reports. The United Kingdom is considering delaying a ban on the sale of new gasoline and diesel cars, watering down its green ambitions. Finally, Venice is set to introduce a daily tourist levy in an attempt to reduce the number of day-trippers to the city, the BBC’s Giovanna Girardi reports.

The legacy of a tipped minimum wages means that a worker can be paid as little as $2.13 an hour at the federal level. We’ll explore how COVID upended the tip-based restaurant industry and where we go from here. We also examine where the Federal Reserve thinks the economy is headed. Plus, rising oil prices is not what many global economies needs right now.

The central bank starts a two-day meeting on interest rates today, but significant headwinds are blowing. We’ll assess the biggest factors challenging the Federal Reserve right now that could threaten the economic balancing act it’s trying to pull off. And later, we delve into the “ugly and sordid” history of tipping in the U.S.

From the BBC World Service: It’s the sexual abuse scandal that’s rocked Japan, now the BBC’s Mariko Oi reports on the major brands that are cutting ties with the country’s biggest talent agency, Johnny and Associates. Plus, was the Libyan dam disaster caused by nature or neglect? The BBC’s Anna Foster is in Derna.  

While homeownership has been a reliable way for families to build wealth in the U.S., the path to homeownership is more complicated for many observant Muslims. Paying interest — like you would in a traditional mortgage — goes against Islamic rules governing finance. Now, more institutions are offering Islamic financing to meet what they see as growing demand. Plus, what happens if the UAW strike grows?

Striking auto workers and Detroit automakers failed to reach a deal this weekend. One sticking point for members of the United Auto Workers union is the reliance on temporary and “tiered” workers by carmakers. How did the industry get here? Plus, a look at what’s behind the current rush to invest in gold.

From the BBC World Service: Small Italian islands off the coast of North Africa are struggling to cope with the influx of migrants, according to the Italian government. The BBC’s Katya Adler reports from the island of Lampedusa. Meanwhile, Japan’s government is facing criticism for failing to appoint a single woman to any junior ministerial roles in the latest cabinet reshuffle, despite 54 jobs being available. The BBC’s Will Leonardo reports. And in the United Kingdom, the BBC’s Leanna Byrne visits a gold merchant after the price of gold reaches all-time highs this year.

The UAW started a limited strike today at all three big automakers in the U.S. But this strike is about more than fair wages and benefits — the future of American-made cars, and how soon they can go electric, hangs in the balance. Plus, media mogul Byron Allen has offered Disney $10 billion for ABC. We’ll talk about why CEO Bob Iger might be inclined to take the deal.

A new trend in health-tech start-ups is to offer low premiums for insurance coverage and burn through billions of venture capital to stay in the green. When they crash, these firms leave customers without a way to access care or medication. Do regulators need to crack down? Plus, some public universities up their tuition and the UAW goes on strike.

From the BBC World Service: Have you noticed products that you buy getting smaller, while the price remains the same? It’s called “shrinkflation” and French supermarket giant Carrefour is putting labels on such goods to alert customers to it. The World Health Organization is warning that survivors of flooding in Libya remain in danger from contaminated flood water and a lack of medical supplies. It’s Friday, but how do you have a night out in a war zone? Russia launched its full-scale invasion of Ukraine a year and a half ago, and Ukrainians have had to change every part of their lives to deal with the assault. That includes how they spend their downtime.

The Wall Street Journal, Bloomberg and even banks themselves have said the “last mile” of inflation will be hardest to beat. But research doesn’t really shows that. So what’s with the hype? Plus, chip designer Arm’s valuation is officially $54 billion, making it the biggest IPO of the year. We’ll also hear about Americans over 60 who still owe student loans.

One spending category that is seeing inflated costs compared to last year, according to the August CPI, is motor vehicle repairs. We’ll visit a mechanic to find out why. Hint: New car parts are a lot more expensive than they used to be. Plus, tech giants met with congressional leaders to talk AI regulations and some C-suite execs see climate change disruptions as, frankly, not their problem.

From the BBC World Service: The long-running civil war in Syria has led to fresh protests over the country’s crumbling economy; extreme inflation and a lack of basic supplies has pushed thousands to take to the streets. A major Australian property developer has apologized after calling for unemployment to rise in Australia by 50% so that people are reminded that they work for the employer — not the other way around. This weekend, Singapore plays host to Formula One’s night race and organizers have pledged to halve energy emissions by 2028. The F1 Group is aiming for net zero by 2030.

Waterville, Maine used to be home to a factory and mill. But when jobs left, the economy suffered. Now, Waterville’s Colby College is spending millions to transform the town into a haven for performing and visual arts. Will their investment pay off? Plus, gas prices spiked August inflation calculations, but that doesn’t spell bad news for the overall economy.

Consumers spent $1.8 billion last year on decongestants, but next year might look different. Phenylephrine, a key ingredient found in most oral decongestants, was recently found to have zero efficacy. Basically, when it comes to un-stuffing your nose, it’s just as good as a sugar pill. Plus, video game developers in China are experimenting with AI and two states’ pension funds are suing Fox.

From the BBC World Service: American interest in the top level of English soccer continues. Miami investment firm 777 Partners is in talks to buy Everton, based in the city of Liverpool. If the deal goes through half of the clubs in England’s Premier League will have U.S.-based owners. Plus, Bernard Looney, chief executive of oil major BP, has resigned abruptly amid a review of his personal relationships with colleagues. And, why French regulators are worried about radiation levels from the iPhone 12.

Only a third of teachers think their salary is adequate, according to a recent survey. Could raises be key to keeping teachers from quitting? Plus, the New York Fed says pessimism about credit, income, and the odds of getting laid off or fired is up. We’ll discuss why that gloomy outlook doesn’t match official reports of strong employment and cooling inflation.

In 2010, “Marketplace Morning Report” host David Brancaccio featured his hometown in a documentary about better ideas for the economy. It opened the film as an example of a place sorely needing solutions. A dozen years later, Waterville, Maine is experiencing the benefits of reinvestment. We’ll talk about how. Plus, Google’s antitrust trial begins today.

From the BBC World Service: U.K.-based Arm Holdings is set to launch on the Nasdaq this week. BBC’s Simon Jack explains why they’re probably the biggest company you’ve never heard of. Plus, caterers are facing increasing pressure to host extravagant weddings due to social media, as BBC’s Elizabeth Hotson reports.

Adjustments to SNAP — part of debt ceiling negotiations earlier this year — will start phasing in soon. Among them is a higher age cutoff for work requirements, which will go from 49 to 54 by 2024. Hundreds of thousands may lose SNAP benefits. Plus, UPS and FedEx rate hikes signal a back-to-normal supply chain, and we’ll recap Biden’s visit to Vietnam.

Did you know that Google pays other tech companies billions to remain the default search engine? The Justice Department says that’s abuse of monopoly power, but Google maintains it’s normal practice in the tech industry. Tomorrow, the antitrust trial begins. Plus, the UAW is just days away from a possible strike.

From the BBC World Service: As the death toll mounts following the earthquake in Morocco, businesses in Marrakesh are asking tourists not to turn their backs on them. The BBC’s Anna Holligan reports from Marrakesh. Also, with President Biden visiting, Vietnam has ordered $8 billion worth of jets from Boeing. Finally, Vivienne Nunis reports from Manchester, England, where the world’s best florists have congregated for the World Cup of Flowers.

Federal Reserve officials are keeping a low profile ahead of its upcoming meeting on interest rates. But some economists are playing detective — following the crumbs central bankers have left and trying to deduce whether rates will go up again. Plus, while U.S. office spaces remain empty, things look different Singapore. We’ll visit a business district during the lunch rush.

China’s president Xi Jinping won’t be at this weekend’s G20 summit in India. Could his absence be due to geopolitical tensions or economic troubles at home? We’ll check in with Marketplace’s China correspondent Jennifer Pak. Plus, Apple feels the fallout from further iPhone bans for Chinese government employees and the services sector has a sunny economic outlook.

From the BBC World Service: Workers are striking at Chevron Australia Liquid Natural Gas projects. The action could disrupt output from facilities that account for over 5% of global supply. Indian authorities have come in for criticism over efforts to spruce up the capital Delhi ahead of the G20 meeting this weekend. Unlike in the U.S., workers in Singapore have been returning to the office en-masse and city centers are booming. In London, 140,000 people have visited Sotheby’s auction house to view items that belonged to the late Queen singer, Freddie Mercury; his piano and handwritten lyrics have sold for millions.

China has barred government officials from using foreign-branded devices, according to the multiple published reports. Is the move because China’s own smartphone company is catching up to U.S.-designed ones, or is it a result of still-icy U.S.-China trade relations, especially when it comes to tech? Plus, as part of this week’s global look at real estate, we’ll visit Mumbai.

Wage theft — employers paying less than the minimum for time worked — is believed to be extremely common across the U.S. Often, rules against it are hard to enforce. We’ll visit one county that’s tackling the issue by putting food permits on the line for restaurant owners who won’t pay up. Plus, Google has new political advertising AI rules and 74 million Americans will gamble on NFL games this season.

From the BBC World Service: French streaming platform Deezer and Taylor Swift’s label Universal Music have agreed a new plan for the way artists receive royalties. It’s based on the idea of prioritizing professional musicians over amateurs, and streams of ambient sound and white noise. As Deezer puts it: Harry Styles deserves a bigger reward than the sound of a washing machine. But will it shake-up the market? We speak to Deezer’s chief operating officer Gitte Bendzulla. Plus, earlier this week we looked at how working from home had changed an office district in London. Today we’re off to India where the software company Zoho is trialling what you might call ‘working from the village’. The idea is to help employees enjoy a more affordable lifestyle whilst also boosting rural communities.

A new study from the Mozilla Foundation is looking at what types of data carmakers collect, and how they use it. It’s one thing if your car can guess what music you like, but its another for it to have medical information. How much is too much? Plus, a look at how empty office spaces are being repurposed in New York City.

Recession concerns, the war in Ukraine and more have prevented companies from going public for a while. Those risks, while not gone, are now old news. Could it be the perfect time for chip company Arm to launch its initial public offering? It could shock the IPO market out of a sluggish period. Plus, JCPenney is getting a billion dollar remodel. We’ll hear from its CEO.

From the BBC World Service: Services run by the world’s biggest tech companies are a part of everyone’s daily lives, but governments have been playing catch up when it comes to regulating their power. Today the European Union will publish a list of companies, known as gatekeepers, that will be subject to new rules aimed at encouraging competition and stopping big players from crushing smaller rivals. Plus, are you a fan of K-pop? It’s now estimated the industry earns South Korea around $10 billion a year. But it’s not just famous bands like BTS that are turning K-pop into a valuable export. Choreographers behind the dances are quickly gaining a following well beyond South Korea’s borders.

While a recession isn’t completely out of the question, the odds are certainly shrinking. We’ll do the economic forecast with Julia Coronado, president and founder of MacroPolicy Perspectives. Plus, a visit to London where remote work is changing the landscape of a district that used to be bustling with bankers.

In recent years, ESG funds — that’s environmental, social, government funds — have become popular for investors who are concerned about the impact of their portfolio beyond the bottom line. But could investing in green tech or net zero initiatives really help the fight against climate change? We’ll also look at women’s workforce participation and Spectrum’s clash with Disney.

From the BBC World Service: Russian President Vladimir Putin has said that the landmark Black Sea grain deal with Ukraine will not be restored until the West meets Moscow’s demands on its agricultural exports. BBC’s Victoria Craig joins us from Ankara in Turkey to discuss the latest developments. Also, Sarah Dalton, Head of the Doctors’ Union in New Zealand, explains why thousands of her members are going on strike for the first time ever. Finally, the BBC’s Leanna Byrne explores the impact of post-pandemic home working.

From the BBC World Service: Google was founded 25 years ago today. We hear from Elizabeth Linder, who started her career at Google and later became an executive at Facebook. Also, BBC’s senior Africa correspondent, Anne Soy, reports from Kenya, where African heads of state are gathering to discuss the continent’s approach to climate change. And finally, BBC’s Leanna Byrne reports on long queues for Italian cabs after the taxi drivers’ unions resist reforms aimed at increasing licenses.    

In the spring, “Marketplace Morning Report” host David Brancaccio visited Gameheads, a video game developing and mentorship program in the Bay Area. We’ll travel back for their end of summer celebration and hear what students have been working on, including projects that explore gentrification, LGBTQ relationships and emotional wellbeing. Plus, support for labor unions is up in the U.S.

This Labor Day, we’re looking at a new report from the Treasury department about the impact of labor unions on wages. The report found union membership boosts pay 10-15%, and gains can be even more significant for underrepresented groups. After that, we’ll do the odds of an economic soft landing, and travel to Italy, where getting a cab is becoming impossible.

Video games are bigger than movies and music combined. What can the games — and the vast industry that surrounds them — teach us about economics, business, money and careers? We set out to answer this question by talking to folks inside the industry, as well as those trying to break into it. We visited the nonprofit mentoring program in Oakland, California, called Gameheads where, starting in high school, people go from playing video games to making them. Follow along with our podcast here, and then go check out our “Skin in the Game” immersive video series on YouTube. That goes behind the scenes to look more closely at how young people can crack into this industry. You can see the games we’ve been discussing, along with the game developers that built them.

New hiring data out today shows an increase in unemployment, but more Americans heading into the work force. Plus, a judge blocks an Arkansas law that would require proof of age for social media accounts, and an AI pop star raises copyright concerns.  

Fans have flocked to fast fashion retailers for their one-and-done summer tour outfits, but there’s a growing eco-friendly movement to shop secondhand. Plus, climate change drives up construction costs, and the launch of our new “Skin in the Game” podcast following the multi-billion-dollar video game industry.

From the BBC World Service: A ban on electric scooters for hire has come into force in Paris. It follows a referendum in April in which residents of the French capital voted to remove them. If nothing is done to redress Africa’s huge debt burden, the consequences will be felt far outside the continent, according to a report from NGO, the ONE campaign. A major music label has signed a digital pop star, Noonoouri, whose voice has been made with the help of artificial intelligence; so what are the implications for the music industry?

The Fed uses the PCE index as its preferred measure of inflation. July’s just came out and, unfortunately, inflation seems here to stay for a bit. Plus, Switzerland is trying to shake its reputation as a place for shady money practices, and Best Buy swears electronics demand will be on the upswing soon, despite experiencing a year of low sales.

You probably know about the CPI, which reports of changes in average prices for different goods. But the Fed is more interested in the PCE index — personal consumption expenditure — which tracks consumer spending plus money spent on behalf of consumers. For example, what you spend on healthcare plus what your insurance company spends. That comes out today. Plus, Biden wants to make more workers eligible for overtime pay.

From the BBC World Service: Think back to the spring — the collapse of Silicon Valley Bank sent shockwaves through the sector, eventually rippling out to Europe and contributing to the end of Credit Suisse. Its rival UBS swooped in, acquiring it through a $3 billion government-backed bailout. UBS has now reported the biggest ever quarterly profit for a bank — a $29 billion gain linked to the takeover. But it’s still pressing ahead with some major cutbacks. Plus, we take a look at the latest gloomy data on the state of China’s economy. And, how are tourist businesses on the Greek island of Rhodes faring after last month’s wildfires?

Evictions are up, which can cause all sorts of health, job and education-related problems. But some renters don’t even get to have their day in court, thanks to landlords who illegally pressure tenants to move. Plus, Commerce Secretary Raimondo wraps up her “productive” visit to China, and Hurricane Idalia forced offshore oil platforms to evacuate.

For the first time, Medicare will get to decide the “fair” price for certain medications, and then can negotiate with pharmaceutical companies to bring drug prices down. The first ten drugs under review were just announced. But could lower prices get in the way of medical innovation? Plus, the FDIC wants major regional banks to take on more long term debt.

From the BBC World Service: The BBC joins the Tunisian Coast Guard as the route from the north African country to Italy becomes the busiest route for migrants into Europe. Meanwhile, army officers have declared control over the oil-rich country Gabon. The BBC’s Africa Editor Will Ross explains what impact this could have. Finally, house sales in the U.K. fall by 20 percent in a month. We hear why from Aneisha Beveridge from Hamptons, a U.K.-based estate agency.

Biden’s Inflation Reduction Act allocated a big lump of money for expanding renewable energy sources. But it doesn’t guarantee that the U.S. has enough people willing and able to actually manufacture and implement clean energy infrastructure. Plus, the FDIC will consider new bank stability rules, and American exports could benefit from stronger U.S.-China relations.

College-bound students (and their parents) know how complicated it is to complete the FAFSA. But with college costs rising, students need Pell Grants and financial aid now more than ever. Good news for them: A more streamlined FAFSA will be available in December. Plus, why startups are pivoting to a new  fundraising avenue.

From the BBC World Service: London has today expanded its ultra-low emission zone (ULEZ), which is designed to clean up air quality in the British capital. The BBC’s Olie D’Albertanson explains the financial knock-on effect for those living and working there. We also hear from Frank Levin, a former U.S. under-secretary of commerce for international trade, on the efforts being made to restore relationships with China. Lastly, the BBC’s João da Silva reports on concerns over gas price rises, with workers at two large liquefied natural gas plants in Australia going on strike in a week.

Julia Coronado, president and founder of MacroPolicy Perspectives, says relief and uncertainty were in the air at last week’s Jackson Hole Economic Symposium. While signs point to positive progress when it comes to inflation and resilience, economists are still cautious. Plus, an oversupply of salmon in Alaskan fisheries has been bad for business.

United Auto Workers voted to authorize a strike on Friday if the big three Detroit automakers don’t meet their demands. Those include wage bumps, pension benefits and transitioning to a four-day work week without taking a pay cut. But how’s that related to the rise of EVs? Plus, Commerce Secretary Gina Raimondo aims to strengthen economic ties with China, and wine sales boom in Lebanon.

From the BBC World Service: China Evergrande Group’s shares resumed trading on Monday after a lengthy suspension, and investors in the real estate organisation took the chance to withdraw their money — the BBC’s Asia correspondent Mickey Bristow explains why. Plus, Lebanon is in the midst of a huge economic crisis: Inflation is in triple figures and the banking system has collapsed, but the wine industry is booming.

For years, companies have tried to invent tech that would make carbon capture viable. We’ll hear from Vijay Vaitheeswaran, global energy and climate innovation editor at The Economist, about the latest innovations in the field. Plus, Powell is set to kick off the Jackson Hole symposium, and the EU’s Digital Services Act goes into effect today.

The United Steelworkers Union says they get to veto any buyer of U.S. Steel, and have a clear favorite contender. U.S. Steel says the union doesn’t have that power. We’ll get into the nitty-gritty of what might happen, including a strike. Plus, Subway got purchased by a private equity firm and and an ESPN live streaming deal that doesn’t require cable is in the works.

From the BBC World Service: The European Union’s Digital Services Act is coming into force today and some of the world’s tech giants will be directly affected. The world’s largest computer and video games festival, Games Com is wrapping up this weekend and a lot of the talk’s been about nostalgic titles and the possible take over of Activision Blizzard by Microsoft. The international leg of Taylor Swift’s Eras tour has kicked off in Mexico City. She’s on track to make one billion dollars from the tour, which would make it the highest-grossing series of concerts in history.

Inside New York City’s looming Airbnb crackdown. Plus, NVIDIA’s gangbusters earnings report, Japan’s controversial discharge of radioactive waste water, and a check-in with struggling Chinese job seekers.

Following a troubling report on near-miss airplane accidents, the FAA is spending $120 million to help reduce the risk of collisions on airport runways. Plus, the bidding war for Yellow’s former trucking terminals, how businesses can better prepare for climate change, and New York’s coming crackdown on Airbnb rentals.

From the BBC World Service… Japan has started to release radioactive water from its stricken Fukushima nuclear plant into the Pacific Ocean, sparking protests domestically and internationally. India’s moon rover has taken its first steps on the lunar surface a day after the country made history by becoming the first to land near the south pole. How much trouble is China’s economy in? Prices have begun falling, exports are down and youth unemployment has risen above 21%.

The AI boom has driven up tech stocks this summer, meaning analysts are optimistic for chip maker NVIDIA’s earnings report earnings later today. But how much higher can tech stock get? Plus, a recent poll says one in three Israelis are considering emigration. We’ll hear from our partners at the BBC about potential economic consequences.

The Writer’s Guild of America is over 100 days in to a strike for updated wages, AI contract stipulations, higher streaming residuals and more. Still, a deal with the AMPTP doesn’t seem close. Plus, China’s troubled property sector has caused an economic slowdown and tremendous amounts of debt for local governments.

From the BBC World Service: India, the world’s largest onion exporter, has imposed a 40% export duty on onions. It’s an attempt to improve domestic availability and rein in soaring food price inflation. Israel’s political lurch to the right and its controversial plans to overhaul the justice system could be starting to have a direct impact on its population, with one in three Israelis now thinking of emigrating. India could make history if its third lunar mission successfully touches down near the moon’s south pole.

News just came that chip firm Arm will go public, with a focus on using its products to assist the AI boom. But with all this money being thrown at relatively new tech, should investors worry it’s too much, too fast? Plus, a lesser-known economic indicator: How much money does it take for people to change jobs?We’ll also hear from the BBC how the Microsoft Activision acquisition is going across the pond.

Some companies have preferred and common stock options — sorta like the difference between cushy reserve-ahead recliners and run-of-the-mill seating at a movie theater. AMC has both types, but just worked out a deal to consolidate them all to the regular kind. We’ll dive into why. Plus, chip companies want to integrate AI and China thwarts U.S. semiconductor ambitions.

From the BBC World Service: Microsoft has filed changes to its proposed takeover video game maker, Activision Blizzard, in an attempt to win over the U.K. competition regulator, which previously blocked the $69 billion deal. The BRICS group of developing economies — Brazil, Russia, India, China, and South Africa — are meeting in Johannesburg for their annual summit. Expanding membership and de-dollarization are both high on the agenda. Jakarta is the world’s most polluted city; the air quality is so bad, that from today, thousands of civil servants will work from home for the next two months.

Increasingly, companies are offering unlimited paid time off. Some say it makes them more competitive in the hiring market, but labor experts think the practice has pitfalls. Plus, Brazil, Russia, India, China and South Africa — “BRICS” — are holding their first in-person summit since the pandemic began, and the credit quality of the banking industry is down.

Despite being a hub for forward-thinking tech companies, San Francisco has struggled with pandemic recovery. Now, the World Economic Forum, Salesforce and Deloitte are teaming up to generate sustainable project ideas that might improve the city’s economic situation. Plus, we’ll hear about global wealth inequality and the state of women’s soccer, post-Spain’s World Cup 2023 win.    

From the BBC World Service: China’s economy hasn’t bounced back from the pandemic and now its central bank is stepping in, cutting one of its key interest rates for the second time in three months. Protests over economic hardship in Syria’s southern province of Sweida are continuing and there are calls for President Bashar al-Assad to step down. As the most successful Women’s World Cup finishes, the infrastructure and facilities for the women’s game lags behind the enthusiasm.

A worker shortage in Croatia has employers scrambling. It’s the busy season for tourism, which is the country’s biggest industry, so many places that used to hire seasonal workers from adjacent countries are now recruiting from Asia. Plus, Evergrande files for U.S. bankruptcy protection and mortgage rates are high.

Two-thirds of the teams competing in the 2023 women’s World Cup have at least one player that trained at a U.S. college. We’ll talk about why the college system is crucial for supporting women’s soccer at an international level. Plus, a Chinese real estate giant files for U.S. bankruptcy protection, and 30-year mortgage rates are at a 20-year high.

From the BBC World Service: Chinese property giant Evergrande has filed for bankruptcy protection in the U.S. This allows the company, which is swimming in debt, to safeguard its assets in the U.S. The Women’s World Cup soccer tournament has been the most watched in history, giving a huge boost to hospitality spending. Tourism is Croatia’s largest industry and increasingly tourists are being served by workers who’ve travelled thousands of miles themselves, as businesses turn to Asia to solve staff shortages.

The yield on the 10-year Treasury note — that’s the return you get from investing in one — has hit a high not seen since 2007. We’ll talk about what this could be predicting about the future of interest rates and the economy in general. Plus, the minutes from last month’s Fed meeting, and a rise in the popularity of all-inclusive resorts.

Accuweather has predicted the economic toll of the wildfires that ripped through Maui last week could be as high as $16 billion. That’s a combination of home and job losses, structural damage, the mental and physical effects on residents and more. Before that: Why new home construction could slow, and what Fed chair Jerome Powell might say at the upcoming Jackson Hole Symposium.

From the BBC World Service: Burger King has scrapped tomatoes from wraps and burgers in Indian outlets after prices more than quadrupled. McDonalds and Subway in India have also taken tomatoes off the menu due to soaring costs. The Panama Canal has extended restrictions on vessels as it battles an on-going drought; maritime firms say this adds delays and extra fees, inflating shipping costs. All inclusive holidays are growing in popularity, with Marriott and Hyatt expanding their offerings.

Millions of people visit Barcelona every year, but residents are less than enthusiastic about living among tourists and some are being pushed out of their homes. Our partners at the BBC take us to Spain to hear about this economic dilemma. Plus, consumer spending from a few angles, and an explanation of why the Fed could cut interest rates sometime soon.

While inflation and interest rates stay high in the U.S., China is suffering from the opposite problem: deflation. We’ll hear from Marketplace’s China correspondent Jennifer Pak about the problems that come with steeply falling prices, including layoffs and decreased consumer spending. Plus, the UAW could vote to authorize a strike next week, and Novo Nordisk can’t produce enough of their buzzy weight loss drugs.

From the BBC World Service: Canada’s corporate ethics watchdog is investigating the local unit of the fashion retailer, Ralph Lauren, over accusations it used forced labour from China’s Uyghur minority in its supply chain. A year ago, President Biden signed the Inflation Reduction Act into U.S. law; but America’s first serious attempt to tackle the climate crisis has ruffled European feathers. And we look at why Barcelona is a victim of its own success, with the sheer volume of tourists creating problems.