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Marketplace®

Daily business news and economic stories
Apr 9, 2025

Acting on uncertainty

Universities issue bonds to compensate for federal funding cuts and companies rescind their 2025 revenue projections. Plus, benzene and the trade imbalance.

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Acting on uncertainty
Robyn Beck/AFP via Getty Images

Segments From This Episode

  • Excuse us while we update our tariff interview

    by Kai Ryssdal and Nicholas Guiang
    President Donald Trump sits in the Oval Office after announcing a pause on some tariffs.
    Anna Moneymaker/Getty Images

    Chad Bown of the the Peterson Institute for International Economics explains the trade deficit and foreign investment “open loop” system. But wait, there’s more!

  • Universities issue more bonds as protection against federal funding freezes

    by Justin Ho
    Harvard said it would issue an additional $750 million in bonds one week after the Trump administration announced a federal review of multi-year research funding tied to the university.
    Scott Eisen/Getty Images

    Universities have long issued bonds to raise money, but the amount being issued has nearly doubled in recent years —and is increasing as government funding is paused.

  • Delta throws out 2025 profit projection, says future is uncertain

    by Caleigh Wells
    Delta likely reneged on its 2025 projections due to decelerating consumer spending as well as economic uncertainty surrounding tariffs.
    Kevin Carter/Getty Images

    The airline is just one of several companies looking at the cost of a trade war and revising their future projections.

  • The Numbers

  • Despite reshoring goals, much of manufacturing would be unmoved by tariffs

    by Sabri Ben-Achour
    A factory in Ukraine that refines benzene, among other chemicals.
    Gaelle Girbes/Getty Images

    The stated purpose of Trump’s import levies is to draw production back to the U.S. from around the world. Benzene illustrates that it won’t work with all products.

  • The consumer economy, documented in consumers' stories

    by Kristin Schwab
    For years, there's been a disconnect between consumer sentiment and consumer spending. Looking beyond the data could explain why.
    Mark Makela/Getty Images

    The economy is entering its second period of major change in less than a decade. We’re following a group of consumers to see how they navigate it.

Music from the episode

The Team