Author: Marketplace

That's the question before the Supreme Court this week. President Donald Trump has been declaring an emergency and then using emergency authority to impose many of these tariffs. Treasury Secretary Scott Bessent is among those who've said they expect to prevail in the high court, but if they don't, there are other ways to apply taxes on goods from other countries. Also: BP shale asset sales and a dark side of the drug rehab industry.

This past weekend, as the shutdown stretches on, funds for SNAP benefits began to dry up. The Treasury Secretary says payments could restart this week, and a federal court said the Trump administration must tap into emergency funds to get this done. Today, we'll check in with the Arkansas Hunger Relief Alliance for a snapshot of food insecurity there. Plus, Trump says he wants to fix Obamacare, and U.S. auto production could be hampered by a looming chip shortage.

From the BBC World Service: Markets in Asia rose in reaction to the outcome of the APEC meetings in South Korea as the U.S. and China stepped back from the brink of a full-fledged trade war. Plus, reports suggest India is looking for new sources to replace the oil it currently buys from Russia. And, we look at Cameroon's mining industry, which is often done by small-scale miners working in risky environments with basic tools.

Sam Bankman-Fried, founder and former CEO of cryptocurrency exchange FTX, is serving 25 years in federal prison for fraud. His company collapsed and went bankrupt in 2022. Investigators found that billions of dollars in customer funds had been borrowed without permission to help shore up Bankman-Fried’s other firm, Alameda Research.

But throughout the last three years, Bankman-Fried has maintained his innocence, and he's filed an appeal. A hearing is scheduled for Nov. 4.

Marketplace’s Nova Safo spoke with Jonathan Jones, a reporter and producer for the investigative podcast “Reveal,” who spent hours talking to the former CEO, FTX insiders and customers.

On today’s show, we’re talking about facing your financial fears, because it’s a scary time for many in this economy! Reema Khrais, host of “This Is Uncomfortable,” joins Kimberly to unpack the financial anxieties some of our listeners shared with us, from feeling behind on retirement savings to feeling uncertain about the economy future generations will inherit. Plus, we’ll play a spooky game!

Here’s everything we talked about today:

• "Financial Anxiety Is Rising. Here’s What You Can Do About It" from Bloomberg
• "Your Professional Decline Is Coming (Much) Sooner Than You Think" from The Atlantic
• "8 Things to Watch for the 2026 ACA Open Enrollment Period" from KFF
• "People insured through their employers likely to see higher premiums in 2026" from Marketplace
• "Government shutdown resources for federal employees" from Partnership for Public Service
• VIDEO: ”Inkwo for When the Starving Return Official Trailer” from the National Film Board of Canada
• "Halloween candy's getting lighter on the chocolate" from Marketplace

We want to hear from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.

The U.S. economy is increasingly “K-shaped.” That means the gap between the wealthiest companies and consumers, and ... everyone else, is growing. Big Tech companies rake it in while smaller firms struggle. Similarly, the economy is increasingly dependent on the wealthiest consumers as everyone else pinches pennies. Economists warn these imbalances make the economy more fragile. Also in this episode: Farmers experiment with agrivoltaics, a Chicago tour guide showcases the city’s architectural history, and we recap the week's economic headlines.

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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.

The government shutdown has now lasted a full month. Now, some business leaders — including the U.S. Chamber of Commerce, the Business Roundtable, the American Bankers Association, and more — have issued a statement urging Congress to reopen the government. They cite estimates that the shutdown will cause $10 billion to $15 billion per week in lost output and economic activity. Plus, how much would you spend to find a job?

The personal consumption expenditures price index, the Federal Reserve's favorite inflation measure, was supposed to be released today. But at day 31 of the government shutdown, it's nowhere to be found. This morning, we'll unpack what exactly we know about rising prices at a time of tariffs. And later, is 9 to 5 looking more like 7 to 7? We'll learn about the rise of the work trend known as "microshifting."

From the BBC World Service: Chinese President Xi Jinping told leaders attending the APEC summit in South Korea of the need to deepen economic cooperation amid global uncertainty. We'll hear the latest on trade agreements between the U.S. and China, as well as other new developments. Then, Jamaica's government issued a catastrophe bond as it begins recovery from Hurricane Melissa. And later, would you spend money on a job search to try to get a leg up?

Several major firms announced tens of thousands of job layoffs this week, and some reports are putting the blame on AI. Plus, startup Character.AI says it will ban minors from interacting with its chatbots. Also, Nvidia became the first $5 trillion company. We'll look at what that means. Marketplace’s Nova Safo spoke with regular contributor Natasha Mascarenhas, reporter at The Information, about all these topics on this week’s Marketplace Tech Bytes: Week in Review.