Unemployment remains relatively low, but the labor market is slowing down. Private payroll company ADP estimates the private sector lost 32,000 jobs last month. Hiring has slowed, and it's taking longer for jobseekers to find work. And where there are people with anxiety and fear, there are scammers to prey on them. The Federal Trade Commission says reports of job scams tripled over the past four years. But first, why the Trump administration is sending memos to universities and what Democrats are demanding to reopen the government.
CBS News Roundup - 10/02/2025 | World News Roundup
Mass stabbing outside a British synagogue. Collision at New York's LaGuardia Airport. No end in sight to government shutdown. CBS News Correspondent Steve Kathan has those stories and more on the World News Roundup podcast.
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Cato Podcast - Shutdowns and Shadow Dockets
The federal government shuts down as the Supreme Court returns. Our panel looks at the Trump team’s plan to use the shutdown for mass layoffs —and previews a new Supreme Court term packed with big fights over tariffs, emergency powers, and the future of “independent” agencies.
Featuring: Ryan Bourne, Gene Healy, Thomas Berry, and Jeffrey Miron
Romina Boccia, "Thoughts About The Impending Government Shutdown," The Debt Dispatch, September 30, 2025.
Jeffrey Miron, "Some Libertarians Cheer When Government Shuts Down: Here's Why They Shouldn't," Vox, January 21, 2018.
Ryan Bourne, "The Libertarian Experiment That Isn't," Cato at Liberty blog, January 11, 2019.
Thomas A. Berry, Brent Skorup, and Charles Brandt, "Learning Resources v. Trump," Cato Amicus Brief, July 30, 2025.
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Marketplace All-in-One - Europe plans to build a high-tech ‘drone wall’
From the BBC World Service: Some European Union countries have backed plans for the new defense system to keep out unmanned aircraft from Russia. But how will it work, and what's the price tag? In France hundreds of thousands of workers have walked out over looming budget cuts and pension reforms. Today marks the 75th anniversary of The Turing Test, to tell the difference between a human and a machine. And we hear how Chilean businesses are adapting — or not — to an ageing workforce.
WSJ Minute Briefing - Samsung and SK Hynix Rally on OpenAI Stargate Deal
Plus: The Trump administration turns the screws on Democrats as the government shutdown continues. And, the U.S. will provide Ukraine with intelligence for missile strikes deep inside Russia. Caitlin McCabe hosts.
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The Intelligence from The Economist - Space invaders: Russia’s NATO nose-thumbing
Russia’s dark-fleet maritime operations and brazen incursions into NATO airspace appear to be precision-engineered to test Western resolve. We ask how this new phase of aggression may end. Our correspondent reports from Madagascar, where young people are leading unprecedented anti-government protests. And a return to the topic of sunlight’s benefits: we sift through the mailbag of listeners’ questions and comments.
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Code Story: Insights from Startup Tech Leaders - S11. Bonus: Harish Chandramowli, Flaire
Harish Chandramowli grew up in a small town in India. The goal was simple early on - study well, go to university, and get a job. After undergrad, he realized he can do so much more, eventually coming stateside to get his masters, and meet a ton of really smart people over the last 10 years. Outside of tech, he is a broadway show fanatic, seeing 1-2 on a regular basis. He also follows Manchester United, which can be difficult watching the lose on the regular.
Harish used to work for MongoDB, and spent some time on call and in the weeds. At that time, he realized how much data is used by a business. When he eventually supported the fashion industry, specifically the back office, he wanted to build a solution to make the lives of those back office individuals as easy as possible.
This is the creation story of Flaire.
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Bay Curious - La Llorona: Ghost or Protector? You Decide
In the popular telling, La Llorona is a ghost. She’s the spirit of a woman who haunts watery places, wailing for her lost children. But as with all stories, the meaning of the myth has changed over time and many people now see La Llorona as a protector. For spooky October, we explore the ghostly myth that frightens children and the more empowering version of the legend.
Additional Resources:
- La Llorona, Legend and Protector, In the Streets of San Francisco
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This story was reported by Sebastian Miño-Bucheli. Bay Curious is made by Katrina Schwartz, Gabriela Glueck and Christopher Beale. Additional support from Olivia Allen-Price, Jen Chien, Katie Sprenger, Maha Sanad, Ethan Toven-Lindsey and everyone on Team KQED.
Marketplace All-in-One - VCs are investing in LA’s defense tech startups
So far this year, LA defense tech companies have raised $4 billion in funding — more than double last year's haul, according to Los Angeles Times tech reporter Queenie Wong. She told Marketplace’s Nova Safo that venture capital firms are increasingly embracing military-focused tech.
