Author: Marketplace

As war in the Middle East pushes oil prices up, the price of jet fuel rises too. And that means air travel could get more expensive. The catch? Airlines are responding unevenly. In this episode, airlines balance pinched consumers with climbing fuel costs. Plus: Small business owner uncertainty is at its highest level in decades, investors scrutinize Oracle’s AI spending, and a Minneapolis cafe owner switches to a pay-what-you-can model amid ongoing ICE operations in the area.

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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.

As prices have risen over the past decade, snow sports have gotten farther and farther out of reach for many Americans. And this has big implications not just for the ski-inclined, but also for the workers and local businesses that rely on steady ski area traffic. On today’s show, Kimberly talks with University of Waterloo professor and sustainable tourism expert Daniel Scott about what’s driving up the cost of snow sports and how the effects of climate change are shaping the future of the industry.

A recent survey of 100 CEOs at major companies by the audit, tax, and advisory firm KPMG finds that AI and policy uncertainty around tariffs are top of mind. Today, we'll dig into the survey's findings. But first, oil markets have been on a rollercoaster ride as of late. We'll discuss why markets have recovered a bit this morning and what impact a potential presidential waiver of oil sanctions could have.

Just to get you up to speed on oil prices: Brent Crude is at $92 a barrel this morning. Yesterday morning, it was at $117. While prices have dipped, they're still higher than they were before the Middle East war began. That means more money for oil producers. So will domestic producers use that extra cash to drill more? Also: the latest in Anthropic’s dispute with the Pentagon and what to make of last year’s big jump in product recalls.

Girl Scout cookie sales started back in 1917. In addition to raising money, cookie selling is also meant to make the girls more business savvy. The Girl Scouts say it's the largest girl led entrepreneurial program in the world. And now, some of that entrepreneurship is happening online. Marketplace’s Stephanie Hughes spoke with Wendy Lou, who oversees the cookie program as the chief revenue officer at Girl Scouts of the United States of America. She says last season, digital transactions accounted for more than 40 percent of cookie sale revenue.

Consumer sentiment was already trending negative before the war in Iran started, a war that so far has precipitated climbing oil prices and geopolitical uncertainty. The question is, how much more pessimistic can U.S. consumers get? Also in this episode: Commodities prices surge, we give a brief history lesson on the oil crises of the 1970s, and supermarkets compete for a slice of the Lone Star State’s growing population.

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.

Oil prices came close to hitting $120 a barrel yesterday. This morning, they're hovering around $100 a barrel. Gas prices are also up 27 cents in a week, a price increase that'll pinch consumers and could dent consumer spending. In response to the spike in oil prices, some nations are discussing releasing oil reserves from their stockpiles. Then, we'll head to the Texas-Mexico border, where a parasitic fly poses a threat to the cattle industry.

Economists are still digesting last Friday's jobs report, which showed a loss of 92,000 jobs in February. The labor force participation rate — the percentage of working-age people who are either working or looking for work — fell to 62%. That's the lowest since December 2021 and means some people are giving up even looking for a job. We'll dig into the importance of that figure. Also on the show: oil prices and existential threats.

The 39.4 million people who live in California now have a new tool where they can request that data brokers delete their personal information. That may include their online search histories, social security numbers and where they work, among other identifying data.

The tool is called the Delete Request and Opt-Out Platform (DROP). It was mandated by a 2023 state law called the “Delete Act.” Data brokers have until August to start processing these requests. Nicol Turner Lee, a senior fellow at the Brookings Institution, says it could limit the sale of our information.

The 39.4 million people who live in California now have a new tool where they can request that data brokers delete their personal information. That may include their online search histories, social security numbers and where they work, among other identifying data.

The tool is called the Delete Request and Opt-Out Platform (DROP). It was mandated by a 2023 state law called the “Delete Act.” Data brokers have until August to start processing these requests. Nicol Turner Lee, a senior fellow at the Brookings Institution, says it could limit the sale of our information.