American Public Media

Every weekday, host Kai Ryssdal helps you make sense of the day’s business and economic news — no econ degree or finance background required. “Marketplace” takes you beyond the numbers, bringing you context. Our team of reporters all over the world speak with CEOs, policymakers and regular people just trying to get by.

Every weekday, host Kai Ryssdal helps you make sense of the day’s business and economic news — no econ degree or finance background required. “Marketplace” takes you beyond the numbers, bringing you context. Our team of reporters all over the world speak with CEOs, policymakers and regular people just trying to get by.


Los Angeles, CA


Every weekday, host Kai Ryssdal helps you make sense of the day’s business and economic news — no econ degree or finance background required. “Marketplace” takes you beyond the numbers, bringing you context. Our team of reporters all over the world speak with CEOs, policymakers and regular people just trying to get by.




261 South Figueroa Street #200 Los Angeles, CA 90012 (213) 621-3500


Why are mortgage rates falling?

Mortgage rates usually move in tandem with the interest rate set by the Federal Reserve. But mortgage rates have dipped recently while the rate set by the Fed has been climbing. Why? The answer lies in the market for mortgage bonds. Plus, the state of the oil economy, the job gains workers with disabilities are making, and the growing need to crowdfund for basic necessities.


Economic security is national security

The military, just like everyone else, has to deal with supply chain disruptions and inventory balancing acts. In today’s show, we check in with the Pentagon’s chief weapons buyer about the war in Ukraine, a defense bill of nearly $850 billion and what the just-in-time economy means for the Department of Defense. Plus, normalizing retail inventory, confusion in streaming services and tensions between airlines and airports.


End of an era for a strong dollar

The U.S. dollar has given up about half its 2022 gains in the past month or so. That’s good news for exporters, but not so great for American companies that import pricier items. Today, a look at what’s going on with the greenback. Plus, inflation and other problems create a “perfect storm” for food banks, an Oregon bar serves up women’s sports and studios debate whether fans will flock back to movie theaters.


A labor market that’s still on a roll

The word of the day today is “jobs.” The job market remains surprisingly strong, wages are rising, and job churn is high but settling. In this episode, a dive into the November jobs report and how it could influence the Federal Reserve’s next moves. Plus, day care staffing woes continue, Russia takes aim at Ukraine’s power grid, and Indigenous nations make progress in their push to co-manage public lands.


How can we tell when inflation is on its way down?

There’s no one economic figure that paints a perfect picture of where inflation is going. On today’s episode, we’ll do the numbers for fresh economic data and hear what economists are looking at to predict inflation’s next move. Plus, who gets the blame when layoffs come, what lessons new teachers are learning on the job and why consumer spending is on the rise while savings dwindle.


China reaches a boiling point

Protests have broken out in several Chinese cities since the weekend over the country’s strict zero-tolerance for COVID policy. On today’s show, “Marketplace” correspondent Jennifer Pak talks to demonstrators to hear about their exhaustion, anxieties and demands after nearly three years of stringent restrictions. Plus, demystifying the “wait, what?” economy, rethinking a career in the crypto industry and learning how to scam scammers.


COVID vaccine conundrums

With federal funding for COVID vaccines running out, doctors and clinics will soon have to pay for doses. Today, we’ll take a closer look at what this means for pediatricians and how the costs may cut into the care they provide. Also on the program: the state of the housing market, a growing list of Apple App Store critics and the stakes of the University of California strike.


The “paper ceiling”

New York City employers will be barred from using artificial intelligence in hiring starting next year, unless the program passes an audit. AI can narrow down candidate pools but often excludes otherwise qualified applicants who lack a college degree. In this episode, we’ll look at the push to address bias in hiring technology. Plus, the looming rail strike, “buy now, pay later” for groceries and why Frontier Airlines won’t answer the phone.


Economically stressed, but still spending

Despite inflation and rising interest rates, consumers are still spending as if they were awash in cash. But now they’re using credit cards, spending more on necessities and less on luxuries. Want more economic data? Plenty will come out next week. Plus, what melting ice means for Greenland, a day care center that saved itself by temporarily closing, and the Weekly Wrap.


Rising rates and real estate, global edition

As central banks around the world raise interest rates to fight inflation, it’s taking a toll on real estate markets far and wide. Today, we’ll map out where housing markets are stalling and where they’re finding buyers. Plus, retailers cautiously mark down goods, a classic chair gets an eco-friendly redesign and a novelist charts how humans would respond to an environmental catastrophe.


Untangling an economic puzzler

Unemployment claims are at a three-month high, which isn’t a great sign for the economy. But orders for durable goods — like auto parts and manufacturing equipment — were higher than anticipated in October. We’ll try to make sense of the economy’s mixed signals in today’s episode. Plus, a price cap on Russian oil fuels disagreement, “wonky” produce gains traction in the U.K., and small businesses make themselves holiday-ready.


A mystery gold rush

An unknown buyer, or buyers, has been purchasing a lot of gold recently. About 400 tons changed hands in the third quarter, worth more than $20 billion. Sure, countries can use it to pay for imports during a crisis or evade U.S. sanctions, but who would want to and why? Plus, borrowers fret over high interest rates, streaming services are in a bind and marshmallows pose a sticky question for tax policy.


A preview of the wonky holiday season ahead

These are still not normal times, and that means a not-quite-normal holiday season. Thanks to inflation, holiday shoppers are getting less bang for their buck, while a pilot shortage is causing major headaches for travelers and regional airports. Today, we’ll unwrap what’s in store. Plus, a CEO succession lesson courtesy of Disney, the FTX debacle worsens crypto trust issues and the threat of eroding beaches.


The workers the remote work revolution left behind

The transition to remote work during the pandemic could have offered tribal communities an opportunity to curb the outmigration of young people. Yet Native workers have disproportionately been left behind. Today, a closer look at the causes and costs. We’ll also take stock of the week that’s been, dig into booming apartment construction and unpack new guidelines for relieving student debt in bankruptcy.


Ticketmaster, monopolies and the wrath of Swifties

There’s bad blood between Taylor Swift fans and Ticketmaster after the site was nearly overwhelmed by fans trying to nab concert tickets. But the company is also drawing ire from elected officials who call it a monopoly. Today, how Ticketmaster cornered the market on live events. Plus, Starbucks workers go on strike, the FCC readies an updated broadband map and one reporter documents her return to China’s zero-COVID bubble.


“A microcosm for what’s happening in retail”

Target released disappointing quarterly numbers today. Revenue growth slowed as shoppers contend with inflation, and the CEO warned of a slow holiday season. Could Target’s results be the ghost of holiday shopping yet to come for retailers? Also, companies find solutions to crowded warehouses, chief diversity officers grapple with a lack of support and international students return to U.S. colleges.


Would you wish your job on your worst enemy?

Nearly 40% of workers wouldn’t, according to a new survey. The pandemic dramatically shifted people’s relationships to and feelings about work. In this episode, a look at bleak workplace attitudes and what’s driving them. Plus, what surging metal prices mean for the global economy, how a slowing housing market affects city taxes, and why low levels on the Mississippi River are problematic for agricultural supply chains.


The economic backdrop of the Biden-Xi meeting

President Joe Biden and Chinese President Xi Jinping met on the sidelines of the G-20 summit today. Tariffs and other restrictions have hampered the already complex relationship between the two countries. Today, we outline the economic stakes of their conversation. Plus, a shortage of electrical transformers frustrates utility companies, the failure of FTX provides a painful lesson for cryptocurrency investors and retailers hope for predictability this holiday season.


A sinking feeling about selling Twitter’s debt

When Elon Musk purchased Twitter, he borrowed billions. Now, the banks that helped finance that purchase are trying to offload those loans, but potential buyers are offering a sharply lower price of 60 cents on the dollar. Investors are wary of the risk after Musk’s first weeks as Twitter CEO. Also in today’s episode, a look back at this week’s economic data, a review of Amazon’s cost-cutting strategy and a warning for buyers in the crypto-sphere.


Better than expected, still a long way to go

October’s consumer price index contains a glimmer of hope. Though prices are still on the rise, inflation may finally be starting to moderate. On today’s show, what to make of one month’s worth of mildly good news. Also on the program: a computer chip oversupply, a pulse check of the real estate market and a lab trying to disaster-proof buildings.