The Trump administration has unveiled plans for a huge expansion of offshore oil drilling. Federal law requires the Interior Department to come up with five-year schedules of oil and gas lease sales. The most recent proposal includes as many as 34 potential offshore lease sales, near the coasts of Alaska, California, and Florida. Also on the show: why the Dutch government wanted to take over a Chinese-owned chip company.
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How ICE raids are disrupting D.C.'s economy
After months of ICE raids on the nation’s capital, some construction workers are afraid to go into Washington, D.C. for work, fearing arrest and deportation. Meanwhile, the contractors who need them are struggling to adapt. We'll check in on some of the businesses that are being most affected. But first: why markets ended yesterday on a sour note, and why the housing affordability crisis is accelerating fastest in rural areas.
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Japan borrows heavily to stimulate its economy
From the BBC World Service: Japan's cabinet has approved a stimulus package worth more than $130 billion. It's the first major policy initiative of the new prime minister, Sanae Takaichi, and aims to help households and companies with measures like energy subsidies and tax cuts. Then, the global climate change conference COP30 is drawing to a close in Brazil, and so far, there’s been no agreement on key issues like the fossil fuel phaseout.
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Bytes: Week in Review — Meta wins antitrust case
The holiday shopping season is here, and AI companies are pushing new chatbot retail partnerships. But, can these tools deliver on their promises to make shopping easier? Plus, the return of Vine, the beloved video app known for its ultra-short absurdist memes.But first, Meta is not a monopoly, according to a federal judge’s ruling this week in the longstanding antitrust case against the social media giant, which claimed Meta had stifled competition by buying Instagram and WhatsApp.Marketplace’s Meghan McCarty Carino spoke with Paresh Dave, senior writer at Wired, to discuss all of the above on this week’s “Marketplace Tech Bytes: Week in Review.”
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The long-awaited September jobs report arrives
The September jobs report finally arrived after a six-week delay, showing employers added 119,000 jobs — well above expectations. The BLS also recorded an unusually strong 80% employer response rate, the highest since 2019. Improved accuracy came as a consequence of the deferred report. Also in this episode: Food service gained 36,000 jobs, America’s brand image hit a new low, and a scholarship celebrated 20 years of supporting Latina students.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.
Marketplace® is the leading business news program in the nation. We bring you clear explorations of how economic news affects you, through stories, conversations, newsworthy numbers and more. The Marketplace All-in-One podcast provides each episode of the public radio broadcast programs Marketplace, Marketplace Morning Report®and Marketplace Tech® along with our podcasts Make Me Smart, Corner Office and The Uncertain Hour. Visit marketplace.org for more. From American Public Media.
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