Read Me a Poem - “That Day” by Nikki Giovanni
Amanda Holmes reads Nikki Giovanni’s “That Day.” Have a suggestion for a poem by a (dead) writer? Email us: podcast@theamericanscholar.org. If we select your entry, you’ll win a copy of a poetry collection edited by David Lehman.
This episode was produced by Stephanie Bastek and features the song “Canvasback” by Chad Crouch.
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CBS News Roundup - 05/12/2025 | World News Roundup Late Edition
U.S. and China agree to a 90-day pause on most tariffs, sending financial markets soaring. Last living U.S. hostage released from Hamas captivity. President Trump signs executive order giving drugmakers a 30-day deadline to lower the cost of prescription drugs. CBS News Correspondent Jennifer Keiper with tonight's World News Roundup.
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1A - ‘If You Can Keep It’: The Crypto President?
A new report from State Democracy Defenders Action finds that Trump's crypto holdings represent nearly 40 percent of his net worth. The president has his own meme coin and is offering a dinner and private White House tour to the highest investors.
Meanwhile, a recent deal by the Trump family's crypto firm, World Liberty Financial, to an Emirati state backed venture fund has raised eyebrows.
On Tuesday, Democratic Representative Maxine Waters of California blocked a joint hearing on cryptocurrency policy. On Thursday, a key cryptocurrency bill stalled over concerns of the president's crypto dealings.
We get into all of this during our latest installment of, "If You Can Keep It."
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The Gist - Altman Almighty
Sam Altman’s outsize ambition and messianic optimism take center stage in a conversation with Keach Hagey, author of The Optimist: Sam Altman, OpenAI, and the Race to Invent the Future. From failed flip-phone apps to billion-dollar AI bets, Altman emerges as one of Silicon Valley’s most effective—and unsettling—dream merchants. Plus: Trump’s flying palace may be more than a bribe; it’s a perfect symbol of soft corruption via cushy luxury. And of all the cease-fires for Trump to broker, he chooses one where U.S. weapons and interests are barely at stake.
Produced by Corey Wara
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Marketplace All-in-One - U.S. and China hit pause on tariff war
For the next 90 days, the two countries will temporarily ease tariffs on each other’s goods as trade talks continue. But what does this deal mean for the broader economy? Marketplace's Kai Ryssdal sits down with Adam Posen from the Peterson Institute for International Economics to discuss the damage that's already been done. Also on the show, how soybean farmers feel about the latest trade deal and why Chinese manufacturers are trying to reach American consumers via TikTok.
Marketplace All-in-One - What’s inside the new GOP tax bill?
House Republicans’ newly released tax plan includes trillions in tax breaks. But those tax cuts will come at a cost. We’ll get into it. And, Apple plans to raise iPhone prices but won’t point fingers at President Trump’s tariffs. We’ll unpack how all the tariff chaos could lead to elevated prices, no matter what they actually cost companies. Plus, sci-fi escapism and Pope Leo XIV’s love of baseball make us smile.
Here’s everything we talked about today:
- "Exclusive | Apple Considers Raising iPhone Prices, Without Blaming Tariffs" from The Wall Street Journal
- "With China tariffs on hold, will Americans stop stockpiling goods?" from Marketplace
- "House GOP unleashes sweeping tax legislation" from Politico
- "House tax writers eye SALT deduction cap rejected by key lawmakers last week" from The Hill
- "Why Tolkien thought "sub-creation" was the secret to great fantasy and science fiction" from Big Think
"Pope Leo asks fan 'Sox or Cubs?' as he signs a baseball" from The Chicago Sun-Times
Got a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Consider This from NPR - Why Bill Gates is giving away his money faster
The Foundation says its goals are combating maternal and infant mortality, treating infectious diseases and lifting millions out of poverty.
The announcement comes at a time when the U.S. is drastically reducing foreign aid commitments under the Trump administration, and other wealthy nations are also cutting global health funding.
But in an interview with NPR about his decision, Gates said he remains optimistic that new scientific advances create opportunities to save lives.
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Consider This from NPR - Why Bill Gates is giving away his money faster
The Foundation says its goals are combating maternal and infant mortality, treating infectious diseases and lifting millions out of poverty.
The announcement comes at a time when the U.S. is drastically reducing foreign aid commitments under the Trump administration, and other wealthy nations are also cutting global health funding.
But in an interview with NPR about his decision, Gates said he remains optimistic that new scientific advances create opportunities to save lives.
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WSJ What’s News - Nasdaq Enters Bull Market After U.S.-China Temporarily Slash Tariffs
P.M. Edition for May 12. U.S. stocks rallied today—with the Nasdaq entering a bull market, closing 20% above its April low—after the U.S. and China agreed to temporarily unwind most of the tariffs they have imposed on each other’s goods since April. Plus, President Trump signs an executive order intended to lower U.S. drug prices. WSJ White House correspondent Natalie Andrews joins to discuss the order and what it means for consumers. And the retail-property market, which had bounced back after the pandemic, is starting to fall flat. Kate King, who covers real estate for the Journal, talks about why that is and what it means for the broader state of the retail industry. Alex Ossola hosts.
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