Marketplace All-in-One

Prices for some back-to-school supplies are up this year, alongside other essentials like groceries and gas. Shoppers aren’t just turning to cheaper brands — they’re buying less, and cutting out non-essentials. This morning, we look at how inflation could affect shopping extending into the holiday season. Then, we discuss the cost of our debt pushing up interest rates, and a North Carolina Girl Scout talks cookie selling.

Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.

Marketplace Morning Report 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.

Stories featured in this episode:

“Back to school” on a budget

OpenAI is launching ChatGPT for Teens, which has new guardrails to steer conversations from sensitive topics like self-harm or sexual content. It’ll also include parental controls and features intended to support studying without the cognitive offloading that often happens.

Plus, the surge in construction of AI data centers has increased the value of basically any component that goes into them. Now, thieves are increasingly targeting cargo shipments of materials bound for data centers. And Amazon is expanding its drone deliveries. Paresh Dave at Wired joins Marketplace’s Meghan McCarty Carino for these stories.

Everything we talked about:

“Introducing ChatGPT for Teens: Built for learning, backed by protections” from OpenAI

“OpenAI’s Second-Quarter Sales Show Tepid Growth Compared With Anthropic” from The Wall Street Journal

“States Seek $200 Billion From Meta Over Child Social Media Addiction Claims” from The New York Times

“‘The Worst I’ve Ever Seen’: Cargo Thefts Have Turned Violent in Pursuit of AI Hardware” from Wired

“Amazon Prime Air drone delivery is expanding to nearly 500 US cities and towns this year” from Amazon

Treasury Secretary Scott Bessent’s buyback of long-term bonds was a bit of a letdown this week — the interest rates barely budged. The Treasury’s next move in its quest to rein in the national debt will be to issue a ton more short-term securities. But that might not be such a good idea, either. In this episode, we’ll catch you up on the bond market turmoil. Plus: Multifamily construction permits are a housing bright spot, the Fed’s favorite inflation measure is due for a methodology change, and two craft-focused small business owners share the view from their economy.

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.

Read the stories in today’s episode:

"Buying a house with a credit card": The Treasury's plan to finance the national debt
The Fed's preferred measure of inflation is changing
As central bank bigwigs gather in Jackson Hole, local businesses carry on
Builders bet on multifamily housing — but only in certain places

It's been a month now since the World Cup ended, but English football is back this week. The Premier League season kicks off Friday. And Jeff Bezos, the billionaire founder of Amazon, is the latest American investor to buy a stake in a team — he’s now part of a group that purchased more than a third of Liverpool Football Club. Was it a smart investment? But first: Fewer homeowners are "equity-rich," and that concerns real estate analysts.

Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.

Marketplace Morning Report 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.

Number of "equity-rich" homes has declined
Why would Jeff Bezos want to buy an English football team?

In case you missed it, investor jitters about borrowing, geopolitical conflict, and inflation drove the 30-year U.S. Treasury yield up to a nearly two-decade high. Then, the Treasury Department announced it would spend $4 billion on longer-term government bonds. There was some relief, and bond yields began to fall. We'll explain market reactions and why this is all about confidence in the long-term financial stability of the U.S. Plus, we'll learn about the current landscape for psychedelic therapy drugs.

Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.

Marketplace Morning Report 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.