Bitcoin hit a record $122,000 this morning as the House of Representatives ramps up for what's being called "Crypto Week," where lawmakers will be taking up three bills that could lay the foundation for how digital assets are regulated. We'll hear more about what to expect. And later, we'll unpack market reactions to daily swings in tariff policy and learn how China's rare earth metal dominance comes at a significant environmental cost.
Marketplace All-in-One - Why we might not see tariffs in overall inflation numbers
This week, we get a few snapshots of what inflation is doing. Everyone wants to know when tariffs will start showing up in the overall data, because they mostly haven't yet, partly due to the Federal Reserve's tight monetary policy. But that doesn't mean tariffs aren't affecting the economy. We'll discuss. Also: how Europe is trying to keep U.S. trade tensions from boiling over, and where copper imports are being diverted ahead of looming tariffs.
Marketplace All-in-One - US-EU trade ties under serious strain
From the BBC World Service: The European Union is looking further afield for trade agreements after weeks of testy talks with the U.S. We'll hear how European leaders are feeling and discuss the likelihood of any trade deals. Plus, China holds a powerful card in the global economy: control over rare earth minerals, used in everything from smartphones to wind turbines and electric cars. We travel to the country’s two biggest rare earth mining regions.
Marketplace All-in-One - Federal tax incentives could mean more tech research and innovation
Marketplace’s Meghan McCarty Carino speaks with Rebecca Lester, a professor of accounting at Stanford, about a tax provision within the One Big Beautiful Bill Act that could further tech R&D and innovation.
PBS News Hour - World - News Wrap: Palestinian death toll in Gaza passes 58,000, officials say
PBS News Hour - World - How Russia used Brazil as a ‘spy factory’ for global espionage
PBS News Hour - World - Search for justice continues for Argentina’s disappeared, nearly 50 years later
PBS News Hour - World - Moo Deng, the baby hippo who took social media by storm, turns 1
PBS News Hour - World - After decades of insurgency against Turkey, PKK begins disarming in step toward peace
Marketplace All-in-One - The changing rules of who’s entitled to services in America
The Trump Administration today said it will restrict undocumented immigrants from accessing public programs, including Head Start. Kimberly explains how the move fits into the government’s broader effort to change who’s entitled to services in the United States. And, the Supreme Court gave Trump the green light to continue mass federal layoffs, for now. We’ll get into the emotional rollercoaster many of these workers have been on this year. Plus, we’ll play a round of Half Full/Half Empty!
Here’s everything we talked about today:
- "What the Media Gets Wrong About Medicaid ‘Cuts'" from DC Journal
- "Taxpayer-Funded Benefits Are for American Citizens — Not Illegals" from The White House
- "Trump to cut off Head Start for immigrants in US illegally" from AP News
- "State Department fires more than 1,300 employees in downsizing plan" from The Washington Post
- "Federal workers fearful after Supreme Court backs Trump’s mass firings plan" from The Washington Post
- "How Trump’s immigration policies could threaten Social Security" from Marketplace
- "Tariffs push companies to rethink traditional forecasts" from Marketplace
- "In new food fad, protein products are no longer just for gym-goers" from Marketplace
- "Microsoft Pledges $4 Billion Toward A.I. Education" from The New York Times
- "A 70-hour work week? Some job listings are foregoing work-life balance" from Marketplace
”The disturbing parallels between modern accounting and the business of slavery” from Marketplace
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