This weekend’s Powerball jackpot was one of the largest in U.S. history; two lucky players will split the $1.787 billion winnings. But other winners include convenience stores and online lottery retailers, which see a surge in demand around these major jackpots. Also on the show: The U.S. government plans to target more businesses after a raid on a car battery plant construction project in Georgia, and we learn how federal layoffs have affected one family, six months on.
Marketplace All-in-One - Japan’s prime minister is out, and markets are up
From the BBC World Service: Markets in Japan have reacted positively to the departure of the country's leader, Shigeru Ishiba, following recent election losses and despite a recent U.S. trade deal. Then, French Prime Minister François Bayrou looks set to lose a confidence vote over drastic budget cuts as the country faces mounting debt. And the United Kingdom is trying to tackle the high price of prisoner reoffending; in England and Wales, nearly a third of prison leavers end up back inside, costing the U.K. government around $24 billion annually.
Marketplace All-in-One - Have video games become unaffordable?
Video gaming can be an expensive hobby. Nintendo’s latest Mario Kart game, Mario Kart World, released in June, costs $80, and it’s widely expected that Grand Theft Audio VI, coming out next year, will top $100. So are games becoming unaffordable … or do gamers not know how good they’ve got it? The BBC’s Will Chalk breaks it down.
PBS News Hour - World - News Wrap: South Korea negotiates release of workers detained in U.S. raid
In our news wrap Sunday, South Korea reached a deal with the U.S. to release hundreds of South Korean workers detained in last week’s immigration raid on a Hyundai plant in Georgia, Russia launched a massive drone and missile attack on Kyiv, Japan’s Prime Minister Ishiba resigned from office, and Pope Leo XIV canonized Carlo Acutis, the first millennial saint. PBS News is supported by - https://www.pbs.org/newshour/about/funders. Hosted on Acast. See acast.com/privacy
PBS News Hour - World - Violence sweeps across Indonesia amid protests over worsening economy
In recent weeks, Indonesia has been rocked by massive anti-government demonstrations. The protests are led by students, workers and women’s rights groups angered by the yawning gap between Indonesia’s elites and shrinking middle class, and turned violent after a delivery driver was killed amid a police crackdown. John Yang speaks with The Economist’s Aaron Connelly about the ongoing situation. PBS News is supported by - https://www.pbs.org/newshour/about/funders. Hosted on Acast. See acast.com/privacy
PBS News Hour - World - ‘We gave everything’: Afghan allies abandoned by U.S. share fears of life under Taliban
As the American war in Afghanistan ended four years ago, thousands of Afghans who had worked with the United States, and believed in the American-led war against the Taliban, were left behind. Many of them are still there after the Trump administration suspended relocation programs. Nick Schifrin spoke with two men in Afghanistan about their fears and dark memories of the Taliban takeover. PBS News is supported by - https://www.pbs.org/newshour/about/funders. Hosted on Acast. See acast.com/privacy
Marketplace All-in-One - Jobs report warning signs
Paltry job creation was the headline item in the latest jobs report. But dig a little deeper, and warning signs show up all over: long-term unemployment, Black unemployment and Hispanic unemployment all rose in August. In this episode, why those stats could be proverbial canaries in the coal mine of the broader labor market. Plus: Industrial warehouse demand is down and a shipworker shortage could thwart Trump’s goal of reviving the commercial shipping industry.
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Marketplace All-in-One - When tariff turbulence makes you feel like you’re “kind of losing it”
The business journalists at Marketplace have been on the rollercoaster of U.S. trade policy under the Trump administration. But along for the ride, too, are small business owners. Today, we'll hear the latest on where Trump's tariffs stand and learn how the COO of a Queens-based sound effect equipment business is handling the lack of predictability. But first: Just 22,000 jobs were added to the economy in August. How concerned should we be?
Marketplace All-in-One - Finally, a U.S.-Japan trade deal
The U.S. and Japan have finalized their trade deal a month and a half after it was announced. The White House says there will now be a 15% baseline tariff on nearly all Japanese imports and cut tariffs on Japanese cars almost in half. Also on the show: how climate change is showing up in our economy, what to make of a "delicate" and "vulnerable" job market, and which jobs are on the preliminary "no tax on tips" list.
Marketplace All-in-One - Chinese businesses to pick up pensions bill
From the BBC World Service: Up to now, bosses and employees in China have frequently bypassed pension regulations in return for higher wages; from this week, however, the rules are being enforced. We'll hear more. Plus, Jaguar Land Rover's embattled management has told staff to stay at home until Tuesday following a cyberattack. And, with fuel prices in Nigeria quadrupling over the last two years, many farmers are now tapping into the sun’s energy to keep water flowing.