"There's no bad weather, only bad clothing." That's the motto of the Federal Reserve Bank of Chicago, where Austan Goolsbee is president. As economic weather conditions stay unpredictable, Austan tells us how he's gearing up for tariffs, inflation, and more.
Related episodes:
The Fed cut rates ... now what? (featuring: Sasquatch) (Apple / Spotify)
Tariffied! We check in on businesses (Apple / Spotify)
A chat with the president of the San Francisco Fed (Apple / Spotify)
Is the economy going stag(flation)?
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NPR's Book of the Day - A new oral history of Lollapalooza recalls the alt-rock music festival’s wildest days
Lollapalooza is a popular music festival that takes place in Chicago's Grant Park each year. But it was conceived as a farewell tour for the band Jane's Addiction, kicking off with a series of chaotic performances across the United States in the summer of 1991. Lollapalooza, a new oral history by Richard Bienstock and Tom Beaujour, documents the wild early days of the festival through interviews with bands like Jane's Addiction, Nine Inch Nails and Green Day. In today's episode, the book's authors speak with NPR's A Martínez about the way the festival united genres and helped bring alternative music into the mainstream.
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Planet Money - Do trade deficits matter?
At the heart of President Trump's tariffs is this idea that we should not be buying more from other countries than they are buying from us. Basically, he wants to get rid of the trade deficit.
And in the wake of the tariff announcement we got a LOT of questions from listeners about what that means. Do trade deficits matter? Is it bad to have a trade deficit? Are we getting ripped off?
Today on the show – we tackle those questions.
This episode of Planet Money was produced by Emma Peaslee and edited by Marianne McCune and Kenny Malone. It was fact checked by Sarah McClure and engineered by Kwesi Lee. Alex Goldmark is our executive producer.
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Listen free at these links: Apple Podcasts, Spotify, the NPR app or anywhere you get podcasts.
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Music: NPR Source Audio - "The Westerners," "Liquid Courage," and "Blazed and Emboldened"
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And in the wake of the tariff announcement we got a LOT of questions from listeners about what that means. Do trade deficits matter? Is it bad to have a trade deficit? Are we getting ripped off?
Today on the show – we tackle those questions.
This episode of Planet Money was produced by Emma Peaslee and edited by Marianne McCune and Kenny Malone. It was fact checked by Sarah McClure and engineered by Kwesi Lee. Alex Goldmark is our executive producer.
Find more Planet Money: Facebook / Instagram / TikTok / Our weekly Newsletter.
Listen free at these links: Apple Podcasts, Spotify, the NPR app or anywhere you get podcasts.
Help support Planet Money and hear our bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.
Music: NPR Source Audio - "The Westerners," "Liquid Courage," and "Blazed and Emboldened"
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Consider This from NPR - Tariffs will boost prices a lot — here’s how much
After a week of market turmoil, President Trump announced he would reset his most extreme tariffs to 10 percent across the board, with the exception of China — which he boosted to a 125% tariff rate. Even at the reduced level, the tariff rates are the highest the nation has seen in many decades.
And higher tariffs translate to higher prices for American consumers. Martha Gimbel of the Budget Lab at Yale takes an imaginary walk through a big box store to look at how much more people might pay for t-shirts, rice, medication and other staples.
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And higher tariffs translate to higher prices for American consumers. Martha Gimbel of the Budget Lab at Yale takes an imaginary walk through a big box store to look at how much more people might pay for t-shirts, rice, medication and other staples.
For sponsor-free episodes of Consider This, sign up for Consider This+ via Apple Podcasts or at plus.npr.org.
Email us at considerthis@npr.org.
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Consider This from NPR - Tariffs will boost prices a lot — here’s how much
After a week of market turmoil, President Trump announced he would reset his most extreme tariffs to 10 percent across the board, with the exception of China — which he boosted to a 125% tariff rate. Even at the reduced level, the tariff rates are the highest the nation has seen in many decades.
And higher tariffs translate to higher prices for American consumers. Martha Gimbel of the Budget Lab at Yale takes an imaginary walk through a big box store to look at how much more people might pay for t-shirts, rice, medication and other staples.
For sponsor-free episodes of Consider This, sign up for Consider This+ via Apple Podcasts or at plus.npr.org.
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And higher tariffs translate to higher prices for American consumers. Martha Gimbel of the Budget Lab at Yale takes an imaginary walk through a big box store to look at how much more people might pay for t-shirts, rice, medication and other staples.
For sponsor-free episodes of Consider This, sign up for Consider This+ via Apple Podcasts or at plus.npr.org.
Email us at considerthis@npr.org.
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Consider This from NPR - Tariffs will boost prices a lot — here’s how much
After a week of market turmoil, President Trump announced he would reset his most extreme tariffs to 10 percent across the board, with the exception of China — which he boosted to a 125% tariff rate. Even at the reduced level, the tariff rates are the highest the nation has seen in many decades.
And higher tariffs translate to higher prices for American consumers. Martha Gimbel of the Budget Lab at Yale takes an imaginary walk through a big box store to look at how much more people might pay for t-shirts, rice, medication and other staples.
For sponsor-free episodes of Consider This, sign up for Consider This+ via Apple Podcasts or at plus.npr.org.
Email us at considerthis@npr.org.
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And higher tariffs translate to higher prices for American consumers. Martha Gimbel of the Budget Lab at Yale takes an imaginary walk through a big box store to look at how much more people might pay for t-shirts, rice, medication and other staples.
For sponsor-free episodes of Consider This, sign up for Consider This+ via Apple Podcasts or at plus.npr.org.
Email us at considerthis@npr.org.
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1A - How Did This Get Here: Your Car
The auto industry is already reeling from President Donald Trump's new tariffs. They've only been in effect for about six days, but the response was immediate.
On the same day those tariffs went live, Stellantis temporarily paused production at plants in Canada and Mexico. The company also temporarily laid off 900 U.S. workers. And Volkswagen said it's planning to add an import fee to its sticker price.
According to financial analytics firm S&P Global, about half of car sales could be affected by these tariffs. Trump says auto tariffs will bring manufacturing and jobs back to the U.S.
We discuss how these new trade rules actually affect American production and your pocketbook, as part of our "How Did This Get Here?" series.
Want to support 1A? Give to your local public radio station and subscribe to this podcast. Have questions? Connect with us. Listen to 1A sponsor-free by signing up for 1A+ at plus.npr.org/the1a.
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On the same day those tariffs went live, Stellantis temporarily paused production at plants in Canada and Mexico. The company also temporarily laid off 900 U.S. workers. And Volkswagen said it's planning to add an import fee to its sticker price.
According to financial analytics firm S&P Global, about half of car sales could be affected by these tariffs. Trump says auto tariffs will bring manufacturing and jobs back to the U.S.
We discuss how these new trade rules actually affect American production and your pocketbook, as part of our "How Did This Get Here?" series.
Want to support 1A? Give to your local public radio station and subscribe to this podcast. Have questions? Connect with us. Listen to 1A sponsor-free by signing up for 1A+ at plus.npr.org/the1a.
Learn more about sponsor message choices: podcastchoices.com/adchoices
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State of the World from NPR - Israel’s Attacks on Syria
Since the rule of Syrian dictator Bashar al-Assad ended, Israel has attacked Syria hundreds of times. Israel says they don't trust the new government in Syria and so they are hitting areas in Syria adjacent to Israel in an effort disarm southern Syria. Our correspondent takes us to one of the Syrian villages on the border that was attacked.
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Up First from NPR - Trump’s Tariff Talks, China’s Tariff Response, SCOTUS Probationary Workers
President Trump's new tariffs went into effect just after midnight as U.S. trade partners seek negotiations. President Trump has raised the import tax on Chinese goods to a minimum of 104 percent. And, the U.S. Supreme Court has said the Trump administration is free to proceed with the firing of 16,000 probationary federal employees for now.
Want more comprehensive analysis of the most important news of the day, plus a little fun? Subscribe to the Up First newsletter.
Today's episode of Up First was edited by Roberta Rampton, Robbie Griffiths, Anna Yukhananov, Jason Breslow, Lisa Thomson and Janaya Williams.
It was produced by Ziad Buchh, Nia Dumas and Christopher Thomas. We get engineering support from Neisha Heinis and our technical director is Carleigh Strange.
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Want more comprehensive analysis of the most important news of the day, plus a little fun? Subscribe to the Up First newsletter.
Today's episode of Up First was edited by Roberta Rampton, Robbie Griffiths, Anna Yukhananov, Jason Breslow, Lisa Thomson and Janaya Williams.
It was produced by Ziad Buchh, Nia Dumas and Christopher Thomas. We get engineering support from Neisha Heinis and our technical director is Carleigh Strange.
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The Indicator from Planet Money - What happens when an economist becomes prime minister?
Today on the show, we meet Canada's new Prime Minister, economist Mark Carney.
What's it like when your former job — being a non-political banker who decides a country's interest rate — bleeds into your now-political decisions on everything?
Related episodes:
A polite message from Canada to the U.S. (Apple / Spotify)
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What's it like when your former job — being a non-political banker who decides a country's interest rate — bleeds into your now-political decisions on everything?
Related episodes:
A polite message from Canada to the U.S. (Apple / Spotify)
Learn more about sponsor message choices: podcastchoices.com/adchoices
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