Author: Marketplace

On today’s show, we’ll discuss some headlines that might’ve slipped under the radar this week. First, most staff at the U.S. Agency for International Deveopment officially marked their final day with the agency. What might the dismantling of USAID mean for U.S. influence abroad? Plus, school districts are scrambling as federal education dollars are on hold. Then, we’ll smile about Andy Weir’s latest sci-fi novel being adapted for the big screen and the WNBA expanding into more cities!

Here’s everything we talked about today:

• “Bush, Obama and Bono Commend USAID Staff Members on Their Last Day” from The New York Times
• “The US says 'little to show‘ for six-decade aid agency. Supporters point to millions of lives saved” from The Associated Press
• “USAID cuts could lead to 14 million deaths over the next five years, researchers say” from NBC News
• “Education Department freezes cash for school districts, teacher training, migrant students” from POLITICO
• “Watch the first trailer for ‘Project Hail Mary’” from Popular Science
• “WNBA adds three more franchises as league’s popularity continues to grow” from The Washington Post
• “‘Friendship’ Review: Tim Robinson and Paul Rudd Hit Maximum Cringe” from The New York Times

If you have a question, give us a call: 508-U-B-SMART or email makemesmart@marketplace.org

The House of Representatives could vote as soon as today on President Donald Trump’s big tax and spending bill. Trump says the legislation gets rid of taxes on Social Security benefits, but it’s not quite that simple. We'll unpack. Then, we’ll discuss this morning’s surprisingly weak private payroll data. And, we'll travel to London ahead of the city's Pride festival, which has been hit by declining corporate sponsorship.

An ADP report providing a reading on the strength of the job market comes out today. Meanwhile, another measure shows the labor market treading water: job churn. Do we have the confidence to leave and take a different job? Amid continued economic uncertainty, many workers seem to be staying put, and employers seem hesitant to let workers go. Also on the show: the financial burden of deployment for military families.

From the BBC World Service: Australia, India, Japan, and the U.S. have launched a new push to secure supplies of critical minerals, especially the "rare earths" used in many tech products. Pride events in both the U.S. and the United Kingdom have been hit by falling corporate sponsorship. What effect will this have on events? Plus, the Australian airline Qantas says it's investigating a data breach, although it insists flights won’t be impacted.

What once was taboo has now gone mainstream. As television and print audiences have dwindled over recent years, social media is now the No. 1 place for Americans to get their news updates.

Detailed in the report from the Reuters Institute for the Study of Journalism at the University of Oxford, Americans across the political spectrum are using social media for news consumptions over traditional avenues. However, conservative influencers have seen the largest audiences and most engagement.

Marketplace’s Nova Safo spoke with Nic Newman, a co-author of the report, to talk about the state of news consumption in the U.S.

More on this

“Overview and key findings of the 2025 Digital News Report” — from the Reuters Institute and the University of Oxford

Today, we’re taking it way back to Bridget and Ryan’s first episode together. They’ll work on answering a question that quite a few listeners were wondering about: What are credit cards, besides little pieces of plastic with chips in them? We’ll learn how grownups use credit cards in the first place, and some potential pitfalls of swiping. Then things really get out of hand when the ghost pirates show up.

Check out the tipsheet for this episode for some ways you can keep the conversation about credit cards going at home.

This episode is sponsored by Greenlight. Sign up for Greenlight today at greenlight.com/million.

The Senate just narrowly passed the latest version of the GOP tax and spending bill, and the House will vote on it tomorrow. Nonpartisan experts at the Congressional Budget Office say the bill will add more than $3 trillion to the national debt, which is already a whopping $36.2 trillion. In this episode, a few economic historians tell us how we got here. Plus: Construction spending falls again, Home Depot goes after large-scale pros and the stock market rallies.

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.

Summer is here and like many you might be planning your next vacation. But here’s the thing, a lot of popular destinations are grappling with the pressure of overtourism or mass tourism.

On today’s episode, we dig into the phenonmenon of over tourism, the growing tensions between locals and visitors and the global economic forces at play. Plus, is it possible to be a responsible tourist or have we pushed some destinations too far?

Later, listeners sound off on the power of labor unions and food allergies. Finally, are you team check-in bag or carry-on? This week’s answer to the Make Me Smart question might make you rethink everything!

Here’s everything we talked about today:

• "Destination dupes" offer glam vacation vibes at a fraction of the price from Marketplace
• “Surging travel in Europe spikes concerns over tourism's drawbacks” from AP News
• “Overtourism was the buzzword of 2024. This summer looks to be just as crowded and chaotic” from CNN
• “Affordable travel is to blame for Europe’s overtourism problem, spoiling its most sought-after cities like Barcelona, Amsterdam and Athens” from Fortune
• “Hawaii will tax vacation stays and use money to help counter climate crisis” from The Guardian
• “The Goal: Tourism That Regenerates Hawai‘i, Not Degrades It” from Hawaii Business

We want to hear your answer to the Make Me Smart question: What’s something you thought you knew, but you later found out you were wrong about? Leave us a voicemail at 508-U-B-SMART!

Surveys consistently show people want to age in their current home. Yet homeownership is costly for older adults of modest means, especially those still paying off their mortgage and living on fixed incomes. That hardship can be exacerbated, too, by additional medical or disability needs. We'll hear more as part of our Buy Now Pay Later project, produced in partnership with Next Avenue, a nonprofit news platform for older adults produced by Twin Cities PBS. But first: The Senate is coming off an all-nighter, and stocks rebounded remarkably this past quarter.

As part of the rules of reconciliation — which is what's letting the GOP pass its bill without Democratic votes — Senators can offer unlimited amendments. But the debate on each one is around 10 minutes. This gives senators a chance to change components of the bill, but it's also being used as a messaging tool to highlight policies some Senators feel are harmful. Also: a down dollar and a breakthrough in EV batteries.