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Marketplace®

Daily business news and economic stories
Jan 17, 2025

Credit keeps consumers consuming

Of course retail sales were up in December — credit card debt hit an all-time high. Plus, lawyers prep for Trump 2.0.

Credit keeps consumers consuming
Anna Barclay/Getty Images

Segments From This Episode

  • The Weekly Wrap

    by Kai Ryssdal

    “Marketplace” host Kai Ryssdal speaks with Jordyn Holman at the New York Times and Catherine Rampell at the Washington Post about retail sales, Biden’s economic legacy, inflation and more.

  • There's still plenty of demand for single-family homes despite high prices and mortgage rates.
    Bruce Bennett/Getty Images

    Multifamily housing was a big part of the increase. But there is still high demand for single-family homes.

  • As retail spending remains steady, consumers are taking on more debt through use of credit cards and buy now, pay later programs.
    Robert Nickelsberg/Getty Images

    December sales figures showed spending was strong, but more consumers are using credit cards and buy now, pay later programs to finance purchases.

  • The past has become more popular in media like books, podcasts and newsletters.
    georgeclerk/Getty Images

    Books, newsletters and podcasts about the past, including “The Rest Is History,” are popular and profitable, explains journalist Will Dunn.

  • A view of the U.S. Capitol, where Donald Trump's second inauguration will take place. The ACLU and other organizations are readying legal strategies to oppose policies they consider harmful.
    Mandel Ngan/AFP via Getty Images

    As the incoming team develops executive orders and initiatives, critics are hiring staff and reviewing lessons of the first term.

Music from the episode

The Team

Credit keeps consumers consuming