Marketplace All-in-One

The Trump administration’s war in the Middle East has driven up fuel prices globally. As drivers pay more at the pump, some oil-rich states like New Mexico and Alaska are experiencing a tax revenue windfall. In this episode, one man’s gas spend becomes another man’s state budget booster. Plus: The Fed holds rates steady despite internal disagreement, “kidulting” and collectibles fuel growth in the toy retail space, and a line dancing resurgence driven by social media launches one instructor’s boot scootin’ career.

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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:

Oil-producing states benefit from war-driven windfall
Adults are spending big on toys
What happens if the AI bubble pops?
How one entrepreneur is riding a wave in popularity for line dancing

Today, the key stock index in South Korea — the Kospi — was down almost 6% at close. That’s after dropping 10% yesterday. We’re starting to see somewhat of a change in investor emotion for tech stock, prompted by questions over big tech companies spending on AI. What else is driving the sell-off, and what does it mean for the broader market? Plus, we look at how AI is shaping the job market for younger job seekers.

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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.

The U.S. Federal Reserve will wrap up a two-day meeting today with an announcement from Chair Kevin Warsh on interest rates. In the middle of uncertainty regarding the war in the Middle East, oil prices, and inflation, experts say rates could remain unchanged — for now. Also, we look at how consumers are pulling back on grocery spending and why the Trump administration is arguing some countries have “excess capacity” in certain manufacturing sectors.

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.

The University of Southern California is aiming to integrate AI across its campus, thanks to a $200 million gift from a venture capitalist. Gaurav Sukhatme is the newly appointed director of USC's Stevens School of Computing and Artificial Intelligence. As he showed Marketplace’s Meghan McCarty Carino around his lab, she asked him how the technology will be embedded across all university fields of study.

More on this

“Mark and Mary Stevens give $200 million to power AI research across USC” from the University of Southern California
“Students question value of college as costs rise and AI reshapes jobs” from PBS

President Trump insists his economic policies have supported a reshoring of manufacturing jobs. At a rally held at a Michigan GM facility on Monday, he doubled down. In reality, the U.S. has lost 75,000 manufacturing jobs since Trump took office in 2025. In this episode, we fact check the President’s claims, and consider the future of Michigan’s auto industry. Plus: Companies begin to offer insurance for AI mistakes, the U.S. trade deficit shrank a bit in June, and UPS winds down its Amazon delivery fulfilment partnership.

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:

Trump says his aggressive trade policy is bringing back factory jobs. Is it?
No really, what is Kevin Warsh thinking?
New insurance products cover damages caused by AI
UPS and FedEx are moving from higher volumes to higher margins
The trade deficit fell in June, but remains high
As mortgage rates stay high, this lender is seeing buyers accept the new normal