Marketplace All-in-One

At this week’s FOMC meeting, it’s likely Fed governors will hike interest rates. They won’t be alone. The EU raised rates last week and Japan is expected to do the same at its upcoming meeting. These central bankers are all dealing with similar inflationary pressures, and hawkish rate-setters stick together. Also in this episode: The U.S. dollar rises in anticipation of a rate hike, diesel prices break records, the subscription-BNPL-rental economy reduces how much we really own.

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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:

Central bankers around the world are looking more hawkish
The U.S. dollar rises as investors anticipate an interest rate hike
We don't own anything anymore
Diesel fuel hit a record high. Unlike gas, using less of it is not an option
She built a tiny home in her aging mother's backyard

Crude oil prices are up again this morning. For months, we've been hearing about the Strait of Hormuz, how the slowdown of oil tanker traffic there has affected prices, but the fighting is now affecting oil flows in other parts of the Middle East. Brent crude, the global benchmark, is trading above $108 a barrel — up about 10% over the past week. We have the latest and what it means for your wallet. Plus, the push for AI guardrails and what's next for interest rates.

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 push for guardrails for Artificial Intelligence took on new urgency over the weekend. The leaders of several AI companies called for a slowdown in AI research in the name of safety. Dario Amodei, CEO of Anthropic, issued an open letter on Saturday arguing that now is the time to "slow the pace of AI research." We'll unpack. Then, Cleveland pitches its job market to recent college grads.

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 covered in this episode:

Cities want college grads to stay. Here's Cleveland's pitch.

Our tax system was built around an economy where humans earn wages, companies employ workers, and both contribute to the public purse.

So what happens if AI starts changing that equation?

Marketplace’s Future Effects correspondent David Brancaccio has been exploring just that in his series, “Robots Ate My Taxes.”

As a special bonus this weekend, we’re revisiting one of our favorite stories from 2024, which Reema and Alice mentioned in the latest episode.

While sorting through her father’s belongings after his death, Amanda Petteruti came across a collection of locked toolboxes. What she discovered inside made her rethink what she knew about her family’s finances and left her with unsettling questions about her dad: Why had he spent so much money on this secret hobby? Why was it now Amanda’s burden to handle? And how do you find closure with someone once they’re gone?