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Small businesses are feeling the squeeze as tariffs and material costs climb. Rob Lehmann is the founder of Fair Wind Fasteners, a supplier of nuts, bolts, and screws. He explains how fluctuating import costs and trade policies are reshaping his operations. From sourcing metal to keeping prices steady for customers, we hear a firsthand view of what it takes to stay afloat in a volatile economy. Plus: President Trump said he is ending trade negotiations with Canada pardoned the founder of the Binance cryptocurrency exchange.
The price of a barrel of Brent Crude oil is just over $66 this morning — about 6% higher than it was before President Trump announced new sanctions on a couple of Russian oil companies on Wednesday. Today, we'll hear how global oil traders are responding and what it could mean for consumers at the pump. Then, from Marketplace's "How We Survive," we'll learn about the climate impacts of factory farming.
From the BBC World Service: President Donald Trump has abruptly cut off all trade talks with America’s northern neighbor. Trump was responding to an anti-tariff ad paid for by the province of Ontario, which featured a clip of former President Ronald Reagan speaking negatively about tariffs. About three-quarters of Canada's exports go to the U.S.; many now face a 35% Levy. Plus, it’s been a turbulent week for gold prices, but what’s causing the recent downturn?
In the previous episode of “Million Bazillion,” listener Aditya wanted to know all about the stock market, and how people make money from stocks. So what happens when a kid actually decides to try it out? Well, today we’re going to hear Joshua’s investing story, in his own words, and what happened when he decided to invest money in the stock market instead of keeping it in the bank. Don’t worry! He didn’t do it alone. His dad helped every step of the way, because investing is serious stuff and should always involve a trusted grownup!
This episode is sponsored by Greenlight. Sign up for Greenlight today at greenlight.com/million.
OpenAI released its new web browser, Atlas, in a bid to become our main conduit to the internet. Plus, we learned this week that Amazon may be planning to expand its use of robots and shrink its use of humans at its warehouses. And this week's disruptive outage at Amazon Web Services reminded us of just how much we depend on cloud computing, even for a good night's sleep. Marketplace’s Nova Safo discussed all of this with Jewel Burks Solomon, managing partner at the venture firm Collab Capital, for this week’s Marketplace Tech Bytes: Week in Review.
The U.S. national debt hit a new record this week: $38 trillion. As we head toward the fifth week of a government shutdown over a congressional budget disagreement, we explain why the growing national debt matters and how it affects your wallet. Also in this episode: Where does surplus oil go as demand drops? How might a wearable AI device affect your relationships? And, why are credit card companies offering more perks?
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