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- Since 2020, the cost of groceries has risen 26%. But contrary to what you might think, cash-strapped consumers aren’t necessarily staying away from pricier options. In this episode, why Americans are doubling down on organic — even as the cost of their overall grocery haul rises. Plus: Why more customers are choosing chargebacks, what economists predict about inflation two years from now, and how a Maine nonprofit is bringing lobstering to the next generation.
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:
The Fed doesn't have an inflation crystal ball, but it does have "sticky-price CPI"
In spite of price hike fatigue, consumers are still snapping up organic foods
Credit card chargebacks are on the rise — part of the reason is fraud
Multiple wars drive up the price of diesel
"Never would have expected to be here": Young Mainers consider the lobster - The Federal Open Market Committee decided to hold interest rates steady yesterday. The central bank has a dual mandate from Congress to manage inflation while maximizing employment. Today, we'll dig into some warning signs in the current long-term unemployment figures, as well as the "low-hire, low-fire" environment. Then we'll learn why the Bureau of Economic Analysis is updating its inflation calculation and why it matters for everyday consumers.
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 featured in this episode:
Why the government is updating how it calculates inflation - You may have heard that a diamond is forever. Turns out, a diamond's value is not. Overall, global rough diamond prices are down 20% year over year and 40% from a decade ago. That's just for natural diamonds — not the increasingly popular lab-grown diamond category. And legendary diamond mining company De Beers announced it's suspending diamond production at its largest mine. We'll unpack. But first: why Fed officials are so confident about hitting their inflationary target.
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 featured in this episode:
What's behind the diamond downturn? - Shri Narayanan, professor of engineering, psychology and linguistics at the University of Southern California, teaches his students to privilege humans when using artificial intelligence for their research across areas of study. In this episode, he walks us through how he, for example, uses AI to map behavioral analyses that can inform areas of study including autism and depression.
- How many subscriptions are you paying for right now? Whether we’re watching TV, listening to music, or even just storing photos, it feels like we are required to rent so many parts of daily life these days. Reema talks to tech reporter Lance Ulanoff and finance writer Hanna Horvath about the origins of the subscription economy, what lies ahead, and how we can cope.
Plus, we’ve got another edition of “Alice Gets Her Life Together,” where producer Alice Wilders joins Reema to investigate their own subscriptions and find ways to cut costs.
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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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