A podcast featuring the conversations and interviews held at the Foreign Correspondents' Club of Hong Kong. Hosted on Acast. See acast.com/privacy for more information.
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FCC Hong Kong Podcasts
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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President Donald Trump signed an executive order yesterday that paves the way for TikTok to be controlled by U.S. interests, avoiding a Congressional ban. TikTok's owner, ByteDance, has not acknowledged that this transaction is taking place. We'll parse the details we know of the plan, including who's purchasing, what it means for the app's algorit…
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Why buyers have wracked up so much car loan debt
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Earlier this month, a company called Tricolor abruptly filed for bankruptcy. The Texas-based firm offered auto loans to buyers with poor (or no) credit ratings. That so-called “subprime” auto market has grown to $80 billion. But Tricolor's collapse could make it harder for some buyers to get car loans. We hear more. Plus, President Donald Trump unv…
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From the BBC World Service: President Donald Trump has announced new tariffs, including a 100% levy on branded or patented drug imports from Oct. 1 onward — unless a company is building a factory in the United States. Which countries will be most affected? Then, Ethiopia has opened a controversial megadam built on the Nile River after 14 years of c…
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Bytes: Week in Review - Big Tech/small tech divide over $100K visa fee
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On this week’s Marketplace Tech Bytes: Week in Review, Nova Safo speaks with Axios tech policy reporter Maria Curi about the details and lingering unknowns of President Donald Trump's new, $100,000 fee on incoming H-1B visas, how secret service authorities dismantled a network of more than 100,000 SIM cards that could have been used to disrupt comm…
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Turns out the economy grew faster than we initially thought in the second quarter of 2025. Between a slowing job market and uncertain trade policies, an upward revision to GDP came as a bit of a surprise. In this episode, a quick lesson on how GDP is calculated and why consumer spending drove the acceleration. Plus: Hiring-related text scams get mo…
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Today we’re diving into the business of music. Trapital founder Dan Runcie joins Kimberly to explain what Anthropic’s recent copyright settlement with authors could mean for record labels who’ve sued AI companies, the “fair use” debates dominating the music industry, and why even the biggest stars are struggling to create chart-toppers these days. …
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A lunch out may give you sticker shock, but a popping boba won't pop the budget, right? While some consumers are trying to be more money-conscious, many are still spending big on eating and drinking out. Chains like Chick-fil-A, Taco Bell, and McDonald's are all trying to cash in — in part by offering fancier, pricier, non-alcoholic drinks. Also on…
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Warnings of permanent layoffs in case of shutdown
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The Office of Management and Budget sent out a memo with stark instructions for heads of federal agencies: They should consider layoff notices for all employees in programs that haven’t been funded yet for the government’s 2026 fiscal year, which starts Oct. 1. Also on the show: The U.S. is in negotiations to lend $20 billion to Argentina’s central…
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Apple presses European regulators over tech rules
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From the BBC World Service: Apple has called for the European Union's antitrust watchdogs to scrap some of its tech regulations, which it says lead to a worse experience for users. It's not the first time Apple has voiced its opposition to Europe's Digital Markets Act. We hear more. Plus, China has — for the first time — set a target for reducing c…
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Car dealerships face new barriers to EV tax credits
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The EV tax credit expires September 30, and Americans have been rushing to take advantage before the deadline. But according to reporting from Marketplace’s Henry Epp, many dealerships are facing new friction when processing tax credits with the IRS. Marketplace’s Nova Safo spoke with Epp about the new IRS requirements and how dealerships are handl…
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Disney’s streaming platforms — Disney+, Hulu, and ESPN — will see price hikes come October 21. They aren’t alone. As the streaming wars escalate, companies have switched focus to profit over customer volume, while consumers whittle down their subscriptions. Also in this episode: A soybean farmer faces trade war realities, manufacturers pour cash in…
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The next USDA report on hunger in the U.S. will be the last
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Every fall for about three decades, the U.S. Department of Agriculture comes out with a report assessing food security across the country. We'll get the latest in a month, but it will be the last. The USDA is terminating the annual report, saying it was “politicized.” Researchers, however, say it was vital. Also on the show: no sure thing on the fu…
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The Jimmy Kimmel saga, station ownership, and the FCC
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After being pulled by ABC, Jimmy Kimmel's late-night show returned to TV last night. Thing is, station groups Nexstar and Sinclair — which control ABC affiliates that reach about 20% of the country — opted out. Nexstar is working on a $6 billion merger with Tegna, awaiting Trump administration approval. All of this highlights a widening gap between…
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Trump's tariffs push Indonesia and the EU to a trade deal
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From the BBC World Service: After nearly a decade of negotiations, the European Union and Indonesia have agreed to a trade deal, in part to offset some of the effects of Trump's tariffs. Then, Nigeria has cut interest rates for the first time in five years. Plus, India has reduced taxes on everyday items to counteract the effects of U.S. tariffs, a…
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AI cyberattacks pose special risks for small and medium businesses
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Tony Pietrocola, president of the cybersecurity company AgileBlue, says cybercriminals are using artifical intelligence to generate deepfake video and audio calls, making the cyber threats more sophisticated and harder to catch.By Marketplace
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Newly appointed Fed governor Stephen Miran has argued the federal funds rate should be a full two percentage points lower than its current level. A major cut like that could lower bond yields and reduce borrowing costs, spurring spending. But longer-term, inflation would likely balloon. After that: Auto dealers face new obstacles as EV tax credits …
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President Trump is not a fan of the United Nations—he made that clear in his speech to the United Nations General Assembly today. Under Trump, the United States has pulled back from several efforts, including U.N. organizations, that have contributed to the country’s so-called soft power goals. On the show today, Joshua Eisenman, professor of polit…
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Going deeper on the thinking of the Fed's newest voice
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Economist Stephen Miran is now temporarily on the Federal Reserve's Board of Governors. Miran wants steeper rate cuts, arguing that stricter controls at the borders and deportations will free up housing, make it less expensive, and keep a lid on inflation at a time of tariffs. We'll discuss what the data says about his claims. Also: growing threats…
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The newest member of the Federal Reserve Board of Governors — close ally of President Donald Trump, Stephen Miran — made his case for more (and larger) interest rate cuts in a speech yesterday at the Economic Club of New York. He argued that the president's policies will push prices down, so the Fed doesn’t have to worry that lowering interest rate…
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From the BBC World Service: Hong Kong International Airport is halting flights on Tuesday as the Asian financial hub braces for one of the strongest super typhoons it's seen in years. Then, would you move back to your hometown for a 25% tax cut? Cyprus is hoping this proposal will tempt some of its diaspora to return. And later, Singaporean shippin…
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There’s a race going on among tech firms — big and small — to join in the construction of what President Trump has dubbed the Golden Dome, a missile defense system similar to Israel’s Iron Dome. Tens of billions of dollars in military contracts are at stake. In fact, the total cost might be in the trillions and the project could stretch a decade. T…
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Today, we’re talking about bubbles. Not the kind you play with. The kind that happen in the economy! Bridget and Ryan take a trip down memory lane to answer Jocelin’s question about what caused the 2008 housing bubble. With help from Bridget’s unforgettable treehouse bubble tale, we’ll learn what can happen when prices rise too high, too fast and t…
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Economic data reports tell us two things are true: Inflation seems here to stay, and consumers haven’t let up on spending. It’s the perfect storm for businesses to wield the power to raise prices without losing customers. What could tip the scale in the other direction? Also in this episode: GOP-led changes to the H-1B visa program could hurt U.S. …
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The Trump administration is working to tamp down alarm over a new, $100,000 visa fee it announced on Friday. Technology, finance, and other major companies that depend on employees holding H-1B visas had initially thought the fee would be applied to existing visa holders, and those with H-1B workers who were temporarily abroad panicked. The fee onl…
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Stocks are on a winning streak. The Dow, S&P 500, and Nasdaq indexes all closed at record highs on Friday. Now, everything that goes up can go down, but there are some reasons to think the bulls may stick around for a while. We'll hear more. And later, Health Secretary Robert F. Kennedy Jr. is pushing for stricter regulations on drug advertising. W…
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