Marketplace

Amid all the anxiety, uncertainty and flip-flopping in this economy, one sector is doing tremendously: Big banks. Recent earnings reports showed banks including Citibank and JPMorgan beat revenue expectations and grew at a clip over the past few months. In this episode, why banks are thriving as regulations loosen and the economy gets unpredictable. Plus: A growing share of small businesses are raising prices in response to tariffs, Microsoft stopped updating Windows 10, and battery makers weigh pivot from EVs to grid storage. Every story has an economic angle. Want some in your inbox? Subscribe [https://www.marketplace.org/newsletters] 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 [https://www.marketplace.org/] — and consider making an investment [https://www.marketplace.org/make-a-smart-investment] in our future.

In another wave of tariff news, Trump announced a 100% tariff on Chinese goods that will take effect in November. The constant back and forth of tariff policy has left import-reliant business owners frustrated, defeated and wondering how long they can hold out. Also in this episode: Slowing immigration explains a change in break-even employment, California explores public AI compute projects to create shared GPU infrastructure, and GDP may grow more than expected, despite economic uncertainty. Every story has an economic angle. Want some in your inbox? Subscribe [https://www.marketplace.org/newsletters] 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 [https://www.marketplace.org/] — and consider making an investment [https://www.marketplace.org/make-a-smart-investment] in our future.

Wanna put a wager on, well, just about anything? Try a prediction market. Competing industry giants Kalshi and Polymarket both saw major investment this week, and for good reason. Though they don’t look it on paper, both function as (extremely lucrative) sports betting platforms but don't face the regulations of sports betting platforms. In this episode, we bet on where that legal loophole is headed. Plus: Expect car sales to sputter as the EV tax credit ends and tariffs drive up costs, and the case for replacing subsidized air travel with a more robust rural bus system. Every story has an economic angle. Want some in your inbox? Subscribe [https://www.marketplace.org/newsletters] 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 [https://www.marketplace.org/] — and consider making an investment [https://www.marketplace.org/make-a-smart-investment] in our future.

The value of the U.S. dollar has been on the rise after months of decline. Political turmoil abroad has hurt other currencies, while easing rates and resilience at home have helped stabilize the dollar. However, investors are still cautious. Also in this episode: the Bureau of Labor Statistics’ “birth-death” model suggests the economy may be weakening, silver prices surpass a 45-year record, and Delta posts solid Q3 results by catering to the upper class. Every story has an economic angle. Want some in your inbox? Subscribe [https://www.marketplace.org/newsletters] 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 [https://www.marketplace.org/] — and consider making an investment [https://www.marketplace.org/make-a-smart-investment] in our future.

Know how the government shutdown put the kibosh on federal data distribution, like last week’s cancelled September jobs report? Well experts haven’t just had a tough week of interpreting this economy — they’ve had a tough year. In this episode, the Trump administration’s policies have uniquely muddied traditional economic forecasting. Plus: Adjustable-rate mortgages grow in popularity, the food and beverage industry adapts to GLP-1 proliferation, and an American furniture manufacturer discusses Trump’s tariffs. Every story has an economic angle. Want some in your inbox? Subscribe [https://www.marketplace.org/newsletters] 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 [https://www.marketplace.org/] — and consider making an investment [https://www.marketplace.org/make-a-smart-investment] in our future.