Marketplace All-in-one

An AI-driven construction boom is coming, some hope. But to build all that infrastructure, the U.S. is going to need a lot more construction workers, plumbers, HVAC technicians, and other skilled workers. And President Trump’s immigration policies actively work against that goal. Also in this episode: Trump withdraws the U.S. from a key global climate change agreement, Americans shell out for at-home coffee setups, and Kai discusses the week’s economic headlines with Greg Ip at the Wall Street Journal and Amara Omeokwe at Bloomberg.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.

On today’s show, Dana Ferguson, political correspondent for MPR News, joins Kimberly to share how her community has been affected by a recent surge in Immigration and Customs Enforcement activity, including the fatal shooting of Renee Macklin Good. We’ll also discuss the impact on small businesses in the Twin Cities and the political fallout from Minnesota Governor Tim Walz’s decision to end his reelection campaign.Here’s everything we talked about today:"Minnesota business owners feeling the effects of ICE enforcement actions" from MPR News"As immigration raids roil Minnesota, corporate leaders stay silent" from Marketplace "Tim Walz drops out of Minnesota governor’s race, Klobuchar considers jumping in" from Politico"With limited political power, Minnesota Democrats navigate resistance to Trump" from MPR News"Walz's exit from Minnesota governor's race will pose challenges for both parties" from MPR News"What to Nosh in the North Star State: Minnesota's Most-Iconic Dishes" from Food Network "Photos: The Minn

International visitors to 11 U.S. national parks, including Yellowstone, Bryce Canyon, and Sequoia, now have to pay more to get in — as in, up to a $100 a head more. The fees will help national parks address maintenance backlogs running to more than $22 billion, but some worry that it'll dent visitor numbers and hurt “gateway communities” near the parks. Also: plans to cap credit card rates and energy prices.

Minnesota is home to more than a dozen Fortune 500 companies, including 3M, Target, Best Buy, and General Mills. But in a wave of wake immigration arrests and ICE's killing of 37-year-old Renee Good, executives from many of the state's leading corporations have been noticeably quiet. This morning, we'll examine why exactly that is. But first, enrollment at community colleges was up for the fourth fall in a row.

From the BBC World Service: Canadian Prime Minister Mark Carney and Chinese leader Xi Jinping have announced a "new strategic partnership" at a meeting in Beijing. The deal encompasses clean energy and lower tariffs. Then, the United States and Taiwan have reached a trade agreement that reduces import taxes on goods from the island, while increasing Taiwan's technology investment in the U.S. And later, we look at the growth in the low- and no-alcohol drinks industry.

Those massive AI data centers going in across the country can use as much energy as an entire city. President Trump said this week he wants tech companies to "pay their own way," and touted a new Microsoft pledge to bear the full cost of their AI energy needs.Plus, Apple announces its long awaited new AI Siri will be powered by Google.But first, Nvidia can once again export its second best H200 chips to China if it follows some new security rules and pays the U.S. government 25% of its sales. Marketplace’s Meghan McCarty Carino spoke with Anita Ramaswamy, columnist at The Information, to discuss all these topics on this week’s “Marketplace Tech Bytes: Week in Review.”

President Trump recently ordered government-backed mortgage companies (that’s Fannie Mae and Freddie Mac) to buy up $200 billion in mortgage-backed securities. The last time they bought these bonds was the 2008 financial crisis. Will the move actually lower rates? Probably not much. Also in this episode: Venture capital can thank AI for a 2025 rebound, banks fight to block stablecoin interest yields, and more young people are getting prenups.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’s “This Is Uncomfortable” is back with new episodes about life and how money messes with it. Today, host Reema Khrais joins Kimberly to share some of what she’s learned from conversations on how to survive job hunting in today’s brutal labor market and what it really means to have “enough” money. Plus, how anxiety about money can actually hold you back financially.Check out new episodes from “This Is Uncomfortable:”"We're back: How much money is ‘enough’?" from “This Is Uncomfortable”"Surviving job hunting hell" from “This Is Uncomfortable”"The number of long-term unemployed is growing. What does that tell us about the economy?" from Marketplace Join us tomorrow for “Economics on Tap.” The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.

2025 was a tough year for homebuyers. Two things happened over the last three months of the year that helped people trying to buy a home: Housing prices grew more slowly, and mortgage rates fell. We'll unpack and discuss other housing news. Also on today's program: how the wealth effect is supporting our K-shaped economy, and how the bond market is responding to pressures on the Fed to lower interest rates.

Saks Global — the luxury retail conglomerate that owns brands like Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman — filed for Chapter 11 bankruptcy this week. But given that higher-income consumers are driving so much of spending, why is a chain of luxury department stores struggling? Then, the Trump administration is ending a special protected status for 350,000 Haitians, and the elder-care industry is expected to lose thousands of workers as a result.

From the BBC World Service: Despite Wednesday’s inconclusive talks between the U.S., Denmark, and Greenland, investors are starting to examine how Greenland’s extensive mineral resources might be tapped. Currently, there are only two active mines on the island, but many investors think there is potential in Greenland for additional commercial projects. Then, thanks to the climbing popularity of Korean skincare, South Korea has surpassed the U.S. to become the world's second-largest cosmetics exporter after France,

Job hunting has a way of testing your limits. It can be hard not to question yourself (or spiral) when the process stretches on far longer than you imagined. Reema is joined by career coach Phoebe Gavin and writer Rachel Meade Smith to talk about the emotional side of the job hunt -- practical ways to navigate it, and how to get through it without losing yourself. Do you have a job hunting horror story you want to share with us? Or general work drama that you’d want advice on? Give us a call at 347-RING-TIU or send us an email at uncomfortable@marketplace.org.

What does it mean to have “enough” money? Reema Khrais explores the feeling behind this question — the fear, comparison and the way “not enough” can follow us around even when things technically look okay on paper.She talks with experts and people who’ve landed on very different answers, including someone whose definition of “enough” meant closing her bank account and giving up money altogether.If you liked this episode, share it with a friend. And let us know what you think by emailing uncomfortable@marketplace.org or calling 347-RING-TIU.

When it comes to AI, educators biggest worry: cheating.With the click of a button, students can form papers, generate test answers or even finish their homework. Leading educators to address its use directly and the expectations for their students.But Kristi Girdharry, director of the writing center and associate professor at Babson College, has gone a step further. She’s actively integrating AI into her coursework. All in the hopes that her students learn to outwork their robot counterparts.“I have a mantra going with my students now,” said Girdharry. “I always say, ‘you have to be better than a robot.’”

The unemployment rate in December among people aged 20 to 24 was 8.2%. That’s up nearly a full percentage point from 2024, and much higher than the overall unemployment rate of 4.4%. The job market is tough, and getting tougher, but why is it particularly hard for Gen Z? Also in this episode: Trump’s focus on Venezuelan crude could redirect Canadian oil, companies use surveillance data for “personalized” pricing, and China’s trade surplus grew by 20% last year, in spite of U.S. tariffs.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.

President Donald Trump traveled to Michigan yesterday to tout the economy's performance during his second administration. He spoke at the Detroit Economic Club for about an hour, but the speech included false or misleading information about inflation, wage growth, drug prices, tax breaks, and more. Today, we'll provide some fact-checking. Also on today's program, we'll learn about bank earnings, China's trade surplus, and what happens when Social Security funding runs out.

The data centers needed to power AI are controversial in many communities. People worry about that extra demand driving up their electricity bills, which are already up almost 7% in a year. In response, Microsoft is pledging to pay extra for electricity to power its data centers and says it’ll work to prevent water resources from being drained by giant server farms. And later, we'll discuss the Trump administration's plan to control Venezuela's oil.

From the BBC World Service: China has announced record export numbers and the largest trade surplus in global history: $1.2 trillion. Despite the impact of President Donald Trump's tariffs, China has been able to pivot to other international trading partners, including countries in Africa, Southeast Asia, and Latin America. Then, global bond markets are where governments go to raise money to pay for services, but have they become too powerful?

The pretty Swiss lakeside town of Lugano has set out to become Europe’s bitcoin capital, with the aim of attracting bitcoin companies and the cryptocurrency itself to the city. In Lugano, you can still pay for everything in Swiss francs, but in hundreds of shops and restaurants you can also pay in bitcoin. The city has even started accepting it for municipal services. The BBC’s John Laurenson went to check it out.

The cost of food consumed at home was up 0.7% month-over-month in December, and 2.4% year-over-year. Go back five years, and grocery prices are up 25%. And like so many things in this economy, the rising cost hurts the poorest Americans most. Also in this episode: Americans carry credit card debt longer than they used to, two ultra-low-cost U.S. airlines make plans to merge, and we get an update from Kansas grain farmers.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.