A fast food “canary in the coal mine”
Episode Date: July 29, 2024McDonald’s reported weak sales in its second quarter. A slowdown in restaurant spending — if that’s what’s happening — may signal an...
Every weekday, host Kai Ryssdal helps you make sense of the day’s business and economic news — no econ degree or finance background required. “Marketplace” takes you beyond the numbers, bringing you context. Our team of reporters all over the world speak with CEOs, policymakers and regular people just trying to get by.
307 episodes transcribedMcDonald’s reported weak sales in its second quarter. A slowdown in restaurant spending — if that’s what’s happening — may signal an...
The good news? The Commerce Department says personal income and consumption were up in June. Bad news is savings didn’t rise with ’em. In...
New gross domestic product data just came in — GDP grew a healthy 2.8% annually in the second quarter, better than predicted. Meanwhile, consumers are...
The last time Congress raised the federal minimum wage, it went up 70 cents — from $6.55 to $7.25 an hour. That was in 2009. Today, we’ll get in...
“Act your wage,” “coffee badging,” “ghost jobs” — the internet is always vomiting up new workplace phrases. You ma...
In the face of major news, some say the bond market can signal what comes next economically. But so far, bond yields don’t seem to be reacting t...
Nearly every economic sector relies on secure technology networks: retailers, airlines, hospitals and more. After a faulty software update by cybersec...
The number of people filing for jobless benefits in each of the last two weeks rose. That means it’s taking job seekers longer to find employmen...
Now’s the time of year when many families look for a new home. But it’s a seemingly impossible market for first-time buyers: high prices,...
Retail sales numbers released today show spending was flat last month. But if you look a little deeper, you’ll see Americans spent more in June...
The economy seems to be coming in for a soft landing, and that’s a big reason banks are doing so well. Markets are up, emboldening companies to...
Nearly a million Texans are without power after Hurricane Beryl damaged an already fragile energy grid. As they wait for the lights come back on, we&#...
Inflation cooled for the third straight month in June, and borrowers hope rate cuts come soon. But will enough “good data” show up to ease...
Inquiring minds want to know: When will the Federal Reserve cut interest rates? Fed Chair Jay Powell isn’t ready to answer that question. But wh...
The job market has cooled in recent months. The days of two openings per available worker may be over, but some sectors still have to struggle to find...
Paramount just announced a merger with Skydance, a film production company. The hope is that adding Skydance’s offerings to its streaming platfo...
Federal surveys aren’t great at collecting data on Native Americans. One reason? As many as 60% of people who check the American Indian/Alaska N...
The May jobs report said wages had risen about 4% over 12 months, while inflation was 3.3% over the same period. Good news, right? Then why did consum...
The Federal Reserve has a decision to make: cut interest rates to help the slackening job market and risk the progress it’s made in cooling infl...
Tuesday’s jobs report showed 200,000 more openings in May than the previous month — pretty yawn-worthy compared to the labor market roller coast...