If not for Social Security, more than 37% of older adults would live below the official poverty line, according to the Center on Budget and Policy Priorities. But even with Social Security benefits, about 10% of older adults still live in poverty. Today, we hear from one North Carolinian living at that economic line. Also: a Consumer Financial Protection Bureau "humility pledge" and parsing today's (vintage) government economic reports.
Marketplace All-in-One - Talkin’ turkey (inflation)
Are the food prices for dishes on your Thanksgiving table going up, down, or staying the same? Well, it all depends on what's on the menu this year. Today, we'll discuss holiday food prices and the dueling narratives around how they’ll hit your budget. Plus, even people who haven't historically relied on tax credits for health insurance are seeing their premiums for ACA coverage go up next year. Why?
Marketplace All-in-One - Hamas victims sue Binance
From the BBC World Service: The world’s largest cryptocurrency exchange, Binance, and its founder, Changpeng Zhao, are being sued by victims and family members of victims in the October 2023 attack in Israel. They're accusing Binance of knowingly enabling terrorist groups like Hamas to move more than $1 billion through its platform. Also: a slowdown at Serbia's Russian-owned oil refinery, growing risks to European undersea cables, and rerouted flights after an Ethiopian volcano eruption.
Marketplace All-in-One - The federal data and tools that “died” this year
In the Trump administration's efforts to shrink and realign the federal government, datasets on climate, health and demographics have disappeared. Some have been scrubbed from public view, others may not be collected anymore.
This data supported apps and interactive tools many researchers relied upon.
Marketplace’s Meghan McCarty Carino spoke with Denice Ross, senior advisor with the Federation of American Scientists and former chief data scientist for the U.S., who recently wrote a tribute to the data that's been lost.
PBS News Hour - World - Ukraine and U.S. revise peace plan as origins questioned
U.S. and Ukrainian officials worked to bridge gaps in a plan designed to end the nearly four-year-long war. Both sides say the U.S. has agreed to edit the proposal that sparked bipartisan and international concern that the Americans were imposing demands sought by Russia, but impossible for Ukraine to accept. Nick Schifrin reports. PBS News is supported by - https://www.pbs.org/newshour/about/funders. Hosted on Acast. See acast.com/privacy
Marketplace All-in-One - Are more Americans working multiple jobs?
The delayed-by-the-shutdown September jobs report showed a stronger-than-expected monthly gain of 119,000 jobs, seasonally adjusted. But dig into the data, and signs point to many of those jobs being second or third jobs. In this episode, more people are working multiple gigs to get by. Plus: China’s got a different AI investment approach than the U.S., the housing market got a boost in October, and your online return probably ended up on the secondary market.
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In the Loop with Sasha-Ann Simons - ‘Wicked’ Fans Can Get An Ozian Fix In Downtown Chicago
If the new “Wicked” movie makes you wish you could be whisked off to the Emerald City, you might want to visit Chicago’s Driehaus Museum. Their latest exhibit showcases rare items from the 1939 musical “Wizard of Oz,” replica costumes, and gives visitors an inside look at how L. Frank Baum’s beloved classic was adapted from book to screen. We talk with the museum’s executive director Lisa Key about what else visitors looking for an Ozian fix can expect.
For a full archive of In the Loop interviews, head over to wbez.org/intheloop.
Marketplace All-in-One - Can China spur consumer spending?
The U.S. economy is often buoyed by consumer spending. In China, however, consumer spending is a much smaller part of economic output. And while the government there tries to stimulate spending, young people there are grappling with high unemployment and stalling wage growth. Plus, we'll discuss expectations for inflation and economic growth, as well as consumer shopping figures for this upcoming Black Friday.
Marketplace All-in-One - What if you got to choose where your tax dollars went?
Americans don’t often have a direct say in how their tax dollars get spent; those decisions are generally left to elected officials. But some places have engaged in “participatory budgeting,” where residents propose projects, then vote on which ones get public funding. Today, we head to Nashville to learn how the process played out. But first: economics at the center of G20 discussions and what Thanksgiving travel plans are looking like.
Marketplace All-in-One - G20 conference wraps up in South Africa
From the BBC World Service: A gathering in South Africa of major economies has ended with a joint declaration committing to "multilateral cooperation." We'll hear more. Plus, India and Canada have agreed to resume discussions on a bilateral trade deal, a three-day national strike is getting underway in Belgium, and the Chinese government is urging young people to spend more to boost the economy — but that’s proving difficult at a time of record youth unemployment.