The information industry takes a hit
Episode Date: August 2, 2024Job creation slowed sharply in July, the Labor Department reported today. One sector that took a hit is information and entertainment. That includes d...
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.
211 episodes transcribedJob creation slowed sharply in July, the Labor Department reported today. One sector that took a hit is information and entertainment. That includes d...
Strong productivity growth last quarter coupled with recent wage growth means we’re generating more output and, at least to some extent, getting...
The Federal Reserve kept its key interest rate as is today, but rate adjustments aren’t the only monetary policy tool at the Fed’s disposa...
When Big Tech earnings reports come out this week, traders will scrutinize how much was spent on artificial intelligence. The billions of dollars inve...
McDonald’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...