Car dealerships always feel the fluctuations of inflation, gas prices, and interest rates. Now, tariffs are added to the mix, hitting their bottom lines at a time when consumers are wary about the future of the economy. In an industry that already contends with relatively slim margins, we'll hear how car sellers are faring. But first, we'll delve into the Federal Reserve's dilemma: worry more about the job market or price increases?
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Labor Day ends the summer travel season, right?
Summer travel is usually supposed to be a major time for the tourism industry. But this year, budget-conscious American travelers are adjusting their vacation plans. Consumers are actually taking more trips than initially anticipated, but they're tending to be shorter, less expensive, and later in the summer than usual. Plus, a new justice tech startup is using AI to simplify the criminal record expungement process in Mississippi.
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China pitches itself as the perfect business partner
From the BBC World Service: Speaking to world leaders at the Shanghai Cooperation Organization, China’s President Xi Jinping said the country wants to help steady the global economy and has pledged $280 million to support its partners. We learn more. Then, we hear how car dealerships in the U.S. are grappling with new tariff realities. Plus, Norway has agreed to buy five new British warships to boost NATO's presence in the North Atlantic and North Sea.
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"Organs on a chip" help researchers better understand diseases like endometriosis
Endometriosis is a condition in which the tissue that typically lines the uterus grows outside of it instead, often causing intense pain and infertility. MIT researchers are studying that living tissue on plastic chips in the lab, with bioengineer Linda Griffith leading the effort.
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Sticky inflation, Fed drama and the rise of 'cute' debt
Core inflation rose to 2.9% in July, according to the latest PCE data — the Fed's preferred inflation gauge — marking its highest level in months. But despite stubborn inflation and falling consumer confidence, consumer spending continues to climb. Courtenay Brown at Axios and Jordyn Holman at The New York Times join "Marketplace" host Amy Scott to talk about the latest inflation numbers, and the court battle brewing between the White House and the Federal Reserve. Also in this episode: the economics of uncertainty, why job-hopping may no longer lead to bigger paychecks, and how "buy now, pay later" is being rebranded to target women.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.
Marketplace® is the leading business news program in the nation. We bring you clear explorations of how economic news affects you, through stories, conversations, newsworthy numbers and more. The Marketplace All-in-One podcast provides each episode of the public radio broadcast programs Marketplace, Marketplace Morning Report®and Marketplace Tech® along with our podcasts Make Me Smart, Corner Office and The Uncertain Hour. Visit marketplace.org for more. From American Public Media.