Category: 4-FrequentNewsStreams

Consumer credit rose $17.9 billion in April — $6 billion more than projected, the Fed says. Americans may be anxious about tariffs, but low unemployment means a lot of us still have the cash to pay a credit card bill or car payment at the end of the month. But a few debt warning signs are flaring. Also in this episode: Warner Bros. announces a corporate split, the cycling industry shifts gears and we visit a town where the majority of businesses are inside homes.

Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.

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.

President Donald Trump deployed California National Guard troops to Los Angeles on Sunday, following demonstrations over the weekend protesting the Trump administration’s immigration crackdown. The decision was made without California Governor Gavin Newsom’s approval, and the state is now suing the “illegal and immoral” move. We get into all the potential ramifications of the uptick in immigration raids. Then, we discuss how people in other countries have coped with anti-democratic forces in their own communities. Finally, we smile at the original cast of “Hamilton” reuniting for the musical’s 10-year anniversary.

Here’s everything we talked about today:

• “The Beautiful Danger of Normal Life During an Autocratic Rise” from The New York Times
• “The 78th Annual Tony Awards® | Hamilton 10 Year Anniversary Performance” from CBS
• “The original cast of ‘Hamilton’ reunites on the Tonys stage with rousing performance” from CNN
• “When to see June’s full strawberry moon on Tuesday night” from The Washington Post

Got a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

Get an X-ray or ultrasound with a hospital-affiliated doctor and you may note a so-called facility fee on your bill ranging from $15 to several hundred or more. The additional charges are showing up on more patients' bills, now that some 40% of doctors work for hospitals. But this year, 15 states are trying to limit these fees. But first: Why do people tip more in Delaware than they do in California?

Mortgages comprise about 70% of household debt. We're told to pay off that debt before retiring. But over three decades, data shows more people are still paying their home loans after retirement, and what is owed has increased dramatically. We'll learn more. But first, we'll hear what's on the agenda for today's U.S.-China trade talks in London and discover why investors are flocking to money market funds.

From the BBC World Service: Figures out today for May show China's exports to the U.S. dropped sharply, down nearly 13% from April. That data comes before officials from both countries are due to meet in London for high-stakes trade talks. Last month, talks in Geneva resulted in significantly reduced tariffs. Plus, in Italy, it's the second day of voting on whether to alter residency requirements for citizenship.

Illinois lawmakers missed the deadline to vote on a bill to seal a $770 million budget gap for public transit next year. This has heightened concerns of service cuts of nearly 40% of CTA, Metra and Pace buses and trains. Reset turns to daily CTA rider and strategic advisor for Better Streets Chicago Alex Nelson and Chicago native and lifelong daily CTA rider Maya Roberts to hear their thoughts on the issue. For a full archive of Reset interviews, head over to wbez.org/reset.

There’s a lawsuit right now that’s testing the question of whether AI chatbots are protected by the First Amendment. And before we get into it, a warning that our story today includes discussion of suicide. Marketplace’s Nova Safo spoke with Jane Bambauer, law professor at the University of Florida, who’s been following this case.

In our news wrap Saturday, Russian drone and missile attack killed four people in Kharkiv, Palestinian health officials say at least 95 people people in Gaza were killed by a series of Israeli airstrikes over a 24-hour period, President Trump says he has no desire to repair the relationship Elon Musk and a former police chief was caught after a prison escape in the mountains of northern Arkansas. PBS News is supported by - https://www.pbs.org/newshour/about/funders

Not only is spending time outdoors linked to lower stress levels, it can be a way to recognize the importance of nature around us. With all of the events throughout the city, it can also be a great way to meet new people. Reset discusses some of the events around town this month with freelance outdoor and travel journalist Erica Zazo and Reset’s sustainability contributor, director of Loyola University Chicago’s Baumhart Center for Social Enterprise and Responsibility Karen Weigert. For a full archive of Reset interviews, head over to wbez.org/reset.

The latest jobs report is out Friday, and overall it’s pretty middling — some details are good news; others not so much. One data point sounding economic alarms? The labor force participation rate, which fell to 62.4% in May after several years of general growth since the height of the pandemic. In this episode, we explain what’s going on. Plus: E-commerce exporters in China describe the “rollercoaster” of keeping up with tariffs, and California’s Central Valley experiments with agricultural innovation.

Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.

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.