Category: 4-FrequentNewsStreams

China's exports to the U.S. are down a third year over year. That’s a significant drop, reflective of President Trump’s punishing tariff agenda. Although China’s overall export growth has slowed, it still rose 4.5% in August — thanks, in part, to strategic redirection to new markets. In this episode, what the U.S. stands to lose by cutting off China as a trade partner. Plus: Luxury brands remain mostly insulated from economic uncertainty and fintech firm Robinhood prepares to join the S&P 500.

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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.

"Recent cuts to programs like SNAP and Medicaid really make it harder for rural Americans to get by day to day," says journalist Michelle Polizzi, who recently wrote about her experiences with housing insecurity in rural America during the 2008 financial crisis. This morning, she joins Marketplace's David Brancaccio to discuss safety net programs and financial hardship in rural areas. But first: an update on reports that hundreds of South Korean workers detained in a Georgia immigration raid last week will be flown home.

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.

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.

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.

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

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

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

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.

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.

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?