Author: Marketplace

From the BBC World Service: German Chancellor Friedrich Merz says there is a great opportunity to develop ties with China following a meeting with its leader, Xi Jinping. Before the trip, Merz said there needs to be a fair competition and jointly agreed-upon rules between the two countries. Also, starting today, almost all visitors to the United Kingdom will need to apply for an electronic travel authorization that costs around $21 before entering the country.

As teenagers decide whether to go college, and where, more of them are turning to artificial intelligence to help make that decision. According to a survey out today from the education company EAB, about half of high schoolers who are planning to go to college are using AI tools in that search. That’s nearly double the number from last spring. And in turn, colleges are spending big to spruce up their digital footprints for maximum AI discoverability.

Raphael Bostic, president of the Atlanta Federal Reserve Bank since 2017, will step down from his post this week. “Marketplace” host Kai Ryssdal spoke with Bostic about where he sees inflation and the labor market headed, and how the central bank is weighing it all. In this episode, we bring you some of their conversation. Plus: Meta announces $100 billion deal with chipmaker AMD, and average tariffs on Chinese goods come down after SCOTUS ruling.

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Want more of the Winter Games? We have good news for you: The Winter Paralympics kick off in Milan next week. On today’s show, three-time Paralympic gold medalist Declan Farmer joins Kimberly to break down the basics of para ice hockey and how more eyes on the Paralympics can translate to more opportunities for adaptive athletes. Plus, we’ll get into the financial struggles many Paralympians face.

Here’s everything we talked about today:

• "Milan Cortina Paralympics guide: Winter Games celebrate 50 years and Russian flag returns" from AP News 
• "Para Ice Hockey - About the Sport" from the International Paralympic Committee
• "Record 15.4 Million Total Viewers Watch Paris 2024 Paralympic Games Across NBCUniversal" from NBCUniversal
• "It Shouldn’t Be This Expensive to Be a Paralympic Athlete" from Self Magazine

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A new working paper from the National Bureau of Economic Research spotlights how immigrants may be shaping the health and mortality rates of older Americans. Researchers found that a roughly 25% increase in immigration to the United States could prevent nearly 5,000 deaths among seniors 65 and over. Today, we'll unpack the findings. But first, an ominous tale of AI destruction captured the imagination of the public — and stock market traders.

Wall Street is looking to recover after yesterday's big stock market drop. Part of it was due to tariff uncertainty, but part of it was also due to a thinkpiece that painted a nightmare scenario in which AI displaced white-collar jobs throughout the economy — in areas far beyond the software, technology, and financial firms that have recently faced a selloff. Also: Depop's new owner and a look at who gets left behind by new Trump Accounts.

From the BBC World Service: Exactly four years ago, Russia launched its full-scale invasion of Ukraine. Hundreds of thousands of troops have been killed, and the financial cost has also been massive for both countries. This morning, we'll learn more. Then, the U.S. has imposed a new flat-rate tariff of 10% on global imports. And, China has imposed restrictions on dual-use exports to 20 major Japanese companies, accusing them of boosting a military build-up in Japan.

Earlier this month the Trump administration revoked the endangerment finding, which gave the federal government a legal basis for regulating greenhouse gas emissions. The move is already being disputed in court. If the repeal is successful, who are the economic winners and losers?

“How We Survive” host Amy Scott talks with Stanford professor Chris Field to unpack the history and legal implications of the endangerment finding and how its repeal – though framed as saving Americans money – could lead to higher costs and a competitive disadvantage for the U.S. Later in the episode we turn to one specific winner (or loser, depending on who you ask): the U.S. auto industry. Amy talks with Rachel Muncrief from the International Council on Clean Transportation to find out if market forces and global competition will continue to push carmakers to innovate on cleaner vehicles or if this could seriously slow progress.

Imagine you're getting ready for a job interview. What do you do to prepare? You may have your sibling do a mock interview. You might also panic-buy a professional looking workbag.

Now, imagine you learn your interviewer is an artificial intelligence bot. This is becoming a more common occurrence. Employers are outsourcing not just the screening of applications to artificial intelligence, but also the interviewing.

Ray Smith, workplace reporter at The Wall Street Journal, wrote about how to prepare for this experience after esting a couple job interviews with an AI. He said it was nerve-racking.

In response to the SCOTUS decision overturning most of President Trump’s tariffs, the White House announced a new, sweeping tariff of 15% worldwide over the weekend. In this episode, the limitations of this new policy, how businesses are feeling about it, and whether consumers might expect to see tariff refunds someday. Plus: Workers stick to the jobs they have, U.S. battery demand grows, and a new tax deduction could boost auto sales.

Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.

Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.