In our news wrap Friday, Brazil's Supreme Court has ordered former President Jair Bolsonaro to wear an ankle monitor during his trial, President Trump signed the first major legislation aimed at regulating cryptocurrencies into law, violence between Druze militias and Bedouin clans returned to Syria and flooding killed at least 57 people in Pakistan. PBS News is supported by - https://www.pbs.org/newshour/about/funders
We’re starting to see the first real evidence of President Trump’s tariffs showing up in consumer prices. But are these manageable, one-time price increases or the early signs of runaway inflation? Ana Swanson at The New York Times and Sudeep Reddy at MSNBC weigh in. Also on the show: what the latest spending cuts say about the balance of power in Washington, and why the USDA is moving away from considering race and gender in its farm loan and benefit programs.
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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.
Shortly after being sworn into office, President Donald Trump indefinitely suspended refugee admissions to the United States. After months of legal challenges, only a small group of refugees has been allowed into the country. White House correspondent Laura Barrón-López has reports on one family’s journey. PBS News is supported by - https://www.pbs.org/newshour/about/funders
Broadcast TV’s highest-rated late-night talk show, "The Late Show with Stephen Colbert," is being cancelled. Paramount called it a financial decision, but the timing is raising questions. Stephanie Sy discussed the cancellation of the show with NPR television critic Eric Deggans. PBS News is supported by - https://www.pbs.org/newshour/about/funders
The self-proclaimed “Trash Daddy” riffs on meat-in-a-can cuisine, possum PR, and how his accent disarms blue-state crowds, Plus: white supremacist losers, Fruit Loop vape rights, and how cheap heat works in comedy and pro wrestling. Trae takes us through his upbringing, in Celina Tennessee, and discusses his travails with child support bureaucracy , plus he discusses his interpersonal interactions with JD Vance who hit big about the same time Trae did. The two became friendly. For a while. Produced by Corey Wara
One of the narratives at the heart of President Trump's political movement is this: American society is dominated by a shadowy group of elites, and those elites are deeply corrupt.
Nothing represented that theory more than the case of Jeffrey Epstein.
He was a man most people had never heard of initially, with a private plane and a private island. Acquainted with the world's most powerful people: British royalty, U.S. presidents.
A man who ultimately died in jail...by suicide, according to authorities... before the case against him went to trial. Epstein's case and his death bred skepticism and conspiracy theories – especially among supporters of Donald Trump.
Now, some of Trump's most ardent supporters are attacking his Justice Department's decision not to release all of the files related to the Epstein case.
Trump says nobody cares about Epstein. But his base won't let it go.
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Congress cuts federal funding for public media. Chicago Public Schools lays off nearly 1,500 staff. Disgraced former congressman Jesse Jackson prepares for a possible comeback. And Chicago City Council fails to override a mayoral veto of the “snap curfew.” Reset breaks down those stories and more with AXIOS Chicago reporter Carrie Shepherd, WBEZ education reporter Sarah Karp and Block Club Chicago reporter Quinn Myers.
For a full archive of Reset interviews, head over to wbez.org/reset.
It seems like politicians cannot agree on a lot. But many seem to agree on... manufacturing. Leaders of both political parties have been working to try and make the U.S. a manufacturing powerhouse again.
On today's show, what is so special about manufacturing? Is it particularly important for the economy? And if manufacturing jobs are so great, then why have companies been struggling to fill the manufacturing jobs we already have?
Support Planet Money, get bonus episodes, sponsor-free listening, and now early access to new episodes of Summer School by signing up for Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.
But otherwise stocks closed mostly lower. Plus: Fed governor Christopher Waller said he would take the central bank’s top job if offered. And a surge in trading activity boosted some brokerage profits last quarter. Danny Lewis hosts.
Renewed clashes between Bedouin tribesmen and members of the minority Druze Community have erupted in the south of Syria. A war monitoring group says there's been fighting and shelling in neighbourhoods of the mainly Druze city of Suweida. We'll hear from Damascus and get a US view of Israel's policy.
Also, why President Trump and some of his most loyal supporters are at odds over the late, disgraced financier, Jeffrey Epstein.
And some virtuoso piano playing from a performer born with only one hand.
(Photo: Syria's interim president said government forces had expelled "outlaw groups" in Suweida. Credit: Reuters)
