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.


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


How the debt ceiling deal got done

President Joe Biden and House Speaker Kevin McCarthy finally reached an agreement on raising the federal debt ceiling. But will it pass Congress? We’ll discuss and dig into the nitty-gritty of the deal. Plus, it’s a hot job market for prime-age workers. Then, a look at the complications of egg donations, courtesy of Marketplace’s “This Is Uncomfortable.”


If faith is lost in our full faith and credit

The $24 trillion market for U.S. Treasurys — i.e., federal government debt — is the deepest and most liquid bond market in the world. It’s a linchpin of the global financial system and impacts consumer credit too. It also happens to be what’s at risk in the unfolding debt limit debacle. Plus, cities anticipate big Memorial Day crowds and the mermaiding industry preps for a wave of business.


Why don’t we know when the U.S. will run out of money?

Treasury Secretary Janet Yellen says that a government debt default could happen “potentially as early as June 1.” Kinda wishy-washy, huh? Today, we’ll examine why the variability in government spending and revenue makes it hard to calculate an exact default date. We’ll also look at what goes into credit ratings and how the writers strike is impacting an Atlanta-based costume coordinator.


Atlanta Fed CEO on the debt limit debacle and curbing inflation

On today’s show, we’re joined by Raphael Bostic, president and CEO of the Federal Reserve Bank of Atlanta, to discuss tightening credit conditions, the necessity of raising the debt limit, and why “we’re right at the beginning of the hard part” in the fight to tame inflation. Plus, AI is reshaping the computer chip industry and millions stand to lose Medicaid coverage.


What you miss when you miss watercooler conversations

Remote work has its benefits — no commute, no awkward elevator chitchat, no frigid office temperatures. But that also means no socializing at the office, and many young people who entered the workforce during COVID-19 are missing out on building the personal and professional relationships at work. Also on the program: a trip to an LA cheese shop and the disconnect between how consumers feel about their personal economies and the larger economy.


What’s really at the heart of the debt limit debate?

Federal officials are running out of time to reach a deal on the debt ceiling. But at the heart of that debate, there’s a fundamental truth about money itself. In this special episode, we’ll hear from a businessperson, a political scientist and a legal theorist about what’s at stake in the fight over the debt ceiling and what it reveals about the nature of money.


Companies go on a borrowing spree

It’s been a busy month in the corporate bond market. And while you may think companies would hold off on borrowing right now given how much interest rates have risen, big mergers and the looming debt ceiling deadline could be among the reasons. Plus, an examination of the welfare-to-temp-work pipeline and a move by ESPN that could shake up cable.


Call 2023 the year of bankruptcies

2023 is on track to be the biggest year for Chapter 11 bankruptcy filings in over a decade. Some churn is always normal, but what’s behind this year’s bankruptcy boom? Also on the show, we look at how a debt default would play out in Texas, how social media ads get us to click “buy,” and how climate change is hitting one pistachio farm.


Your next home might just be a new home

Housing starts have ticked up recently. New homes have also been gobbling up an increasing share of the overall market, as current homeowners opt to stick with their low mortgage rates. Today, we examine the demand for new homes. We’ll also explore the expansion of retailer discounts, a new measurement of the U.K.’s debt and a roommate-matching site for aging boomers.


Maybe reconsider those “normal” economic indicators

April retail sales numbers are making an already confusing economy even more confusing. Folks are putting off purchasing big-ticket items, yet are still splurging on services. The economy hasn’t returned to normal, but maybe “normal” is different now. We’ll also look at whether Congress can regulate artificial intelligence and who gets a leg up from welfare reform and work requirements, courtesy of Marketplace’s podcast “The Uncertain Hour.”


Disappointed this tax season? So is the federal government.

So far this fiscal year, the IRS has brought in about $2.7 trillion in tax revenue — $250 billion less than anticipated. That shortfall is part of what makes this week’s debt limit talks so urgent. Today, we sort through the tax receipts. Plus, why clawing back unspent COVID funds will hardly dent the deficit and why the banking bust may fuel the rise of “shadow banks.”


The FDIC is asking big banks to pay up

When the Federal Deposit Insurance Corp. stepped in to make depositors whole after recent bank failures, the agency’s insurance fund took a $15.8 billion hit. So who’s on the hook to replenish it? If the FDIC has its way, it’ll be the nation’s largest banks. Also on the program: smaller tax refunds, an alternative solution to bank runs and a potential boon to private prisons.


When a strong economy fuels strong migration

As the pandemic-era border policy Title 42 draws to a close today, an increasing number of migrants have arrived at the U.S.-Mexico border. Whatever their reasons for leaving their home countries, immigrants are drawn in part to the United States because of the strong economy. Also on the program: what producer prices can tell us about where consumer prices are headed, and what to make of rising jobless claims.


The death of revenge spending

Inflation is wearing consumers down, and it’s starting to show. We’re saving less, putting more on plastic and seeking out discounts. On today’s show, we dissect consumer fatigue. Then, we’ll hear what it’s like working at a rural hospital during a health care staffing shortage and examine how lenders that serve Native Americans are responding to proposed federal certification updates.


When are markets gonna react to the debt limit drama?

Unless officials in Washington strike an agreement to raise the limit, the U.S. could default on its debt as soon as June 1. Wall Street has been taking all this in stride, but will that change, and when? Also on the program: regional variations in inflation, a wet winter in the Corn Belt and the staying power of remote mental health care.


“I worry that people don’t think it can happen here”

Last year, Marketplace met families of transgender children in Texas who were weighing their options when the state moved to restrict gender-affirming care. As more states target LGBTQ rights, we check back in with two families — one who moved and one who stayed — and tally the costs of both. Also, airlines go on hiring sprees, shipping companies reroute goods and high interest rates squeeze smaller hospitals.


Meet the folks prepping for an AI economic revolution

Some aren’t saving for retirement, while others aren’t saving for or staying in college. Today we’ll hear from a handful of artificial intelligence true believers who think a revolution is inevitable and are preparing for a future — and economy — that looks radically different than the one we now live in. We’ll also examine why the U.S. has so many banks and why insurers are going on hiring sprees.


Rough time to be a regional bank, amirite?

The shares of multiple regional banks slid today amid new tremors in the industry following the collapse of First Republic. But bank failures and consolidation are actually somewhat normal. So what’s a regional bank to do? And what are investors and depositors to make of all this? Then, how JPMorgan CEO Jamie Dimon became a banking industry heavyweight and why a bump in Federal Deposit Insurance Corp. coverage seems unlikely right now.


Why 2008 financial crisis rules didn’t stop recent bank failures

So many regulations came out of the 2008 financial crisis, and for a good while they seemed to work. Yet here we are with three bank failures in less than two months. What gives? Plus, we unpack what Federal Reserve Chair Jerome Powell did (and didn’t) say about today’s rate hike and find out what happens to all the things people throw into recycle bins.


When the dust settles, banking will look a bit different

After three major bank failures, regulators and industry leaders are hoping all this turmoil fades in the rearview mirror. But there’s still likely to be curves on the road ahead: new regulation, industry consolidation, branch closures and loan scarcity. Today, we’ll map it out. Then, how brands like Victoria’s Secret stage comebacks and an exploration of work requirements for welfare, courtesy of the Marketplace podcast “The Uncertain Hour.”