Marketplace doesn’t always cover the goings-on of the Holy See. But when he highlights the need to combat poverty, it seems like a pretty good time to do so. In his first teaching last week, Pope Leo XIV called into question some basic tenets of mainstream economics and focused on the gap between the rich and the poor. Today, we discuss. Also on the show: the research of Nobel laureate economists and Trump's attempts to calm markets over China trade.
Marketplace All-in-One - Nobel economics prize winners focus on tech, innovation
This morning, the winners of the Nobel Prize in economics — three professors whose work centers on technological innovation and what helps economies grow — were announced. Marketplace senior economics contributor Chris Farrell joins the program to discuss their research. Plus, the USDA notified states that they need to make big changes to SNAP eligibility, work requirements, and who’s covering costs. But advocates worry about the tight deadline for changes.
Marketplace All-in-One - China’s global exports boom amid renewed U.S. trade war
From the BBC World Service: Trade tensions are flaring as Beijing responds to President Donald Trump’s threats to tack an additional 100% tariff on Chinese goods. China has warned of "corresponding measures," though new data shows that China’s exports are booming. So does China still need the U.S.? Then, Nigeria produces nearly 40% of the world's shea nuts, which sustains a multibillion-dollar trade in cosmetics, food, and medicine. But new trade restrictions are being felt throughout the shea nut supply chain.
Marketplace All-in-One - AI companies are eyeing your shopping cart and your data
Open AI has added a checkout feature to ChatGPT, partnering with Etsy and Shopify to let users purchase some items from select merchants. OpenAI says ChatGPT's answers are still organic and unsponsored. But why not offer a seamless way to buy things that come up in certain responses?
Eventually this could lead to so-called “agentic” shopping: letting AI research items, pick one, and then buy it on our behalf. Marketplace's Nova Safo spoke with colleague Meghan McCarty Carino about what AI companies stand to gain from integrating e-commerce tech.
PBS News Hour - World - Desperately needed aid begins to flow into Gaza as Trump heads to Israel
PBS News Hour - World - Relief organizations ready to surge aid to Gaza as ceasefire takes hold
PBS News Hour - World - Displaced Gazans begin returning to shattered communities as ceasefire takes effect
Marketplace All-in-One - The deal with “back door” betting
Wanna put a wager on, well, just about anything? Try a prediction market. Competing industry giants Kalshi and Polymarket both saw major investment this week, and for good reason. Though they don’t look it on paper, both function as (extremely lucrative) sports betting platforms but don't face the regulations of sports betting platforms. In this episode, we bet on where that legal loophole is headed. Plus: Expect car sales to sputter as the EV tax credit ends and tariffs drive up costs, and the case for replacing subsidized air travel with a more robust rural bus system.
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Marketplace All-in-One - Dealing with credit card or medical debt? Here’s how to handle it.
On today’s show, Kimberly is joined by the host of NPR’s “Life Kit” podcast, Marielle Segarra, who’s recently been working on a four-week newsletter series all about credit card debt — and how to avoid it all snowballing. Plus, we’ll play a round of Headline or Head-lyin’!
Here’s everything we talked about today:
- “In credit card debt? There’s a path out” from Life Kit
- “Medical bills can cause a financial crisis. Here’s how to negotiate them” from Life Kit
- “A big misconception about debt — and how to tackle it” from Life Kit
