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President Trump marks 100 days in office. Trump modifies auto tariffs to the relief of U.S. carmakers. Consumer confidence continues its downslide.
CBS News Correspondent Jennifer Keiper with tonight's World News Roundup.
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When new gross domestic product data comes out tomorrow, economists expect we'll see the first GDP contraction in three years. But the report is backward-looking, so if the GDP did shrink, it will be thanks to tariff-related anxiety in the first quarter, rather than actual tariff implementation that kicked off in April. Also in this episode, some workforce stories: Why hiring more FAA air traffic controllers won’t be easy, a worker navigates Wyoming’s trona mining industry and a bathtub helps us understand the labor market differential.
PayPal is not making noise, but standing firm on its earnings outlook.
(00:21) Jason Moser and Ricky Mulvey discuss:
- How trade disputes are impacting the Port of Los Angeles.
- What PayPal’s advertising business means for its growth story.
- Earnings from Spotify.
Then, (15:30) Robert Brokamp joins Ricky to discuss some methods to diversify your savings.
Companies discussed: WMT, PYPL, SPOT
Host: Ricky Mulvey
Guests: Jason Moser, Robert Brokamp
Producer: Mary Long
Engineers: Dan Boyd, Rick Engdahl
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Faiz Siddiqui discusses Hubris Maximus his sharp chronicle of Elon Musk’s maximalist vision, self-driving delusions, and the rule-breaking impulses that fuel both triumph and tragedy. Plus we hear a tart exchange in the White House briefing room about Amazon’s decision to itemize tariff costs. Plus, its been 100 days. At least 98 could have been a lot better.
Produced by Corey Wara
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After declaring victory in yesterday’s Canadian election, Prime Minister Mark Carney said the “old relationship” with the United States is over. Over the past few months, President Donald Trump’s on-and-off tariffs and repeated annexation threats have caused Canadians to reconsider the United States as its leading trading partner and ally. But Patricia Goff, professor of political science at Wilfrid Laurier University, said the idea of disentangling the two economies is unrealistic. On the show today, Goff explains how Trump’s tariffs and annexation threats influenced the Canadian election, how Canadian industries are navigating the trade war, and what this all could mean for the future of the U.S.-Mexico-Canada trade agreement.
Plus, we’ll hear a pitch for a new “Make Me Smart”-themed rear window sticker. And, what one psychologist got wrong about burnout.
Here’s everything we talked about today:
"Trump knows exactly what he just triggered in Canada" from CBC News
"Liberal Bruce Fanjoy topples Pierre Poilievre in Carleton" from CBC News
"Canada-U.S. Relations Continue to Reach Lows Over Tariffs and Annexation Threats" from The New York Times
"Mike Myers Is Ready to Defend Canada" from The New York Times
"Canada says its friendship with the US is ‘over.’ Now what?" From Politico
"The future of the USMCA" from the Peterson Institute for International Economics
We want to hear your answer to the Make Me Smart question. Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
The Democrat Party is undergoing a dramatic transformation before our eyes.
With the 2024 election losses still fresh, the old leadership—Biden, Pelosi, Schumer, and Durbin—is facing a powerful insurgency from a radical new Left.
From AOC and the Squad to activist figures like David Hogg, a new generation is rising—and the establishment is terrified. Victor Davis Hanson explores what this youth-driven movement means for the future of American politics on today’s edition of “Victor Davis Hanson: In His Own Words.”
“ We're watching a metamorphosis of the Democratic Party that is out of power. The old guard: Nancy Pelosi, Joe Biden, Chuck Schumer, Dick Durbin—that old guard did not deliver the 2024 election.
“ The Republicans are not afraid. They're not afraid of the squad and the Jacobins and this new cohort, the David Hoggs of the world. But you know who's terrified of them? Dick Durbin, Nancy Pelosi, and Chuck Schumer, because they don't know how to handle them.”
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👉He’s also the host of “The Victor Davis Hanson Show,” available wherever you prefer to watch or listen. Links to the show and exclusive content are available on his website: https://victorhanson.com
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