Marketplace All-in-One

This morning, we’re checking in on wages. A new report from the Cleveland Fed found that a record number of workers legally entitled to the minimum wage were paid below that last year in the 10 most populous U.S. states. We look at that growing problem, before another installment in our “Clocked Out” series follows an interior designer whose career plans were changed by caring for her aging mother.

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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.

Google survives yet another antitrust case without having to break up its business. Plus, New York City public schools announced a new policy this week banning the use of AI among elementary and middle school students.

But first, John Ternus took over as CEO of Apple after a 15-year run by Tim Cook. Joanna Stern, founder of the media company New Things, joins Marketplace’s Meghan McCarty Carino to explain more about what this means for the iPhone maker on this week’s “Tech Bytes: Week in Review.”

Everything we talked about

“Apple Begins Its Next Balancing Act as New C.E.O. Takes Over” from The New York Times

“Why Apple’s folding iPhone will be ‘Ultra’ in name only” from Macworld

“In a Big Win, Google Avoids a Breakup of Its Ad Tech Business” from The New York Times

“Nation’s largest school district bans AI in the classroom through 8th grade” from CNN

“Three AI agents. One school shopping list.” from New Things

American oil giant Chevron plans to funnel $7 billion into its Venezuela operations over the next five years, with a goal of more than doubling its production in the country. In this episode, we explain what Chevron has to gain from the deal and why other oil companies are hesitant to follow. After that: Can zero job growth be part of a healthy labor market? Are diesel prices affecting railroad freighting demand? And, will better-fitted windows turn into energy savings?

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:

Chevron's $7 billion bet on Venezuelan oil
Can zero job growth really be a sign of a healthy labor market?
How the cost of childcare pushed this twin mom out of the labor force
Why more companies are choosing trains over trucks for shipping
"Buy now, pay later" loans creep into essentials for many consumers
Your house's windows are probably leaky. Replacing them saves on utility bills

Tomorrow, the Bureau of Labor Statistics will report how many jobs the U.S. economy added or lost in August. Forecasters expect a slight increase. But this morning, we talk about why that might be an incomplete picture if companies don’t report on time or other events skew the data. Then, KPMG chief economist Diane Swonk joins the show to discuss how those numbers can still reflect the state of the labor market.

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.

People living in “right-to-work” states make nearly 7% less, on average, than those living in states without them, according to the Economic Policy Institute. That gap has doubled in the past decade. This morning, we look at how state laws impact union membership and wages, more broadly. Also, the story of a veteran who turned to a federal program after losing his sight to glaucoma.

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.