Category: 4-FrequentNewsStreams

Today, we’re talking about bubbles. Not the kind you play with. The kind that happen in the economy! Bridget and Ryan take a trip down memory lane to answer Jocelin’s question about what caused the 2008 housing bubble. With help from Bridget’s unforgettable treehouse bubble tale, we’ll learn what can happen when prices rise too high, too fast and the bubble finally pops! Plus, why it’s so tricky to spot a bubble before it bursts.

If your family is interested in learning even more about today’s question, check out our website. We’ve got conversation starters and a tip sheet!

This episode is sponsored by Greenlight. Sign up for Greenlight today at greenlight.com/million.

There’s a race going on among tech firms — big and small — to join in the construction of what President Trump has dubbed the Golden Dome, a missile defense system similar to Israel’s Iron Dome. Tens of billions of dollars in military contracts are at stake. In fact, the total cost might be in the trillions and the project could stretch a decade.

The technology and scale needed to make this all happen is, so far, largely unproven. And a whole host of tech firms are trying to show that they can help with the very complex undertaking. Marketplace’s Nova Safo spoke with Sheera Frenkel, reporter at the New York Times, about some of the tech that would make this whole system work.

World dignitaries are gathering this week for the UN General Assembly. The first speech will come from Brazil's president, Luis Inacio Lula da Silva. Lula's predecessor, Jair Bolsonaro, has become an explosive issue in U.S.-Brazilian relations. President Trump levied a 50% tariff on many Brazilian goods as a penalty for the prosecution of Bolsonaro. Amna Nawaz sat down with Lula to discuss more. PBS News is supported by - https://www.pbs.org/newshour/about/funders. Hosted on Acast. See acast.com/privacy

There will be a series of diplomatic meetings over Iran at the United Nations this week. Iran and the International Atomic Energy Agency have gone back and forth over whether UN inspectors will be allowed to examine Iran’s nuclear sites, including those attacked by Israel and the U.S. in June. Nick Schifrin discussed more with the head of the UN’s nuclear watchdog. PBS News is supported by - https://www.pbs.org/newshour/about/funders. Hosted on Acast. See acast.com/privacy

Economic data reports tell us two things are true: Inflation seems here to stay, and consumers haven’t let up on spending. It’s the perfect storm for businesses to wield the power to raise prices without losing customers. What could tip the scale in the other direction? Also in this episode: GOP-led changes to the H-1B visa program could hurt U.S. businesses long-term, home sellers are cautious as supply dwindles, and the new farm bill faces familiar obstacles.

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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.

Federal tax credits for electric vehicles are ending at the end of September, but rebates in Illinois remain. These rebates have been a key tool for the state to achieve its goal of having 1 million electric vehicles on Illinois roads by 2030, though there is a very long way to go on that front. In The Loop discusses what prospective buyers need to know and what this federal change could mean for Illinois’ transition to electric with Mark Cassidy, operations management, EV Energy Group and Karen Weigert, director of Loyola University Chicago’s Baumhart Center for Social Enterprise and Responsibility. For a full archive of In the Loop interviews, head over to wbez.org/intheloop.

The Trump administration is working to tamp down alarm over a new, $100,000 visa fee it announced on Friday. Technology, finance, and other major companies that depend on employees holding H-1B visas had initially thought the fee would be applied to existing visa holders, and those with H-1B workers who were temporarily abroad panicked. The fee only applies to new visa applicants, though, the White House later clarified. Also: an AI industry political action network and dark clouds for Broadway productions.

Stocks are on a winning streak. The Dow, S&P 500, and Nasdaq indexes all closed at record highs on Friday. Now, everything that goes up can go down, but there are some reasons to think the bulls may stick around for a while. We'll hear more. And later, Health Secretary Robert F. Kennedy Jr. is pushing for stricter regulations on drug advertising. What could change?

From the BBC World Service: In his first broadcast interview since taking office, South Korean President Lee Jae Myung talked about the potential impact of the expulsion of Korean workers from a U.S. battery plant. Also on today's show: more disruption is expected at airports in Europe following a cyberattack; we do the numbers on costs associated with Europe's spate of wildfires this summer; and London's Oxford Street, one of the world's busiest shopping areas, went car-free for a day.

Here’s cautionary tale for you, out of China, about a young woman who says she fell in love with an artificial intelligence chatbot. There have been well-publicized instances of people seeking companionship from chatbots and it leading to tragedy. In this instance, it caused heartbreak. The story involves the Chinese AI firm Deepseek which, earlier this year, launched a chatbot that's almost as good as its American rivals. Soon after the launch, a young woman began a conversation with that chatbot. Marketplace’s China correspondent Jennifer Pak takes the story from there.