Feb 16, 2024

Vacant office buildings are making city budgets vulnerable

Over the next five years, Boston could face a tax revenue shortfall of up to $1.5 billion. Billie Weiss/Boston Red Sox/Getty Images

Also: another blow to ESG investing, the cost of big-name credit cards and our excess stuff is feeding the booming storage space industry.

Segments From this episode

The Weekly Wrap

“Marketplace” Host Kai Ryssdal talks to Nela Richardson at ADP and Sudeep Reddy at Politico about the global economy, the latest CPI report and the dissonance in recent jobs data.

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Vacant office buildings create a tax revenue problem for cities

by Kristin Schwab

Feb 16, 2024

Take Boston. Over the next five years, that city could face a tax revenue shortfall to the tune of $1.2 to $1.5 billion, according to a new study from the Boston Policy Institute.

Over the next five years, Boston could face a tax revenue shortfall of up to $1.5 billion.

Billie Weiss/Boston Red Sox/Getty Images

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ESG takes a $14 trillion hit as financial firms pull back on commitments

by Kimberly Adams

Feb 16, 2024

Corporate ESG initiatives face legal and political challenges.

iStock / Getty Images Plus

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Larger credit card issuers charge higher rates than smaller ones

by Stephanie Hughes

Feb 16, 2024

Consumers often choose a familiar name, despite the costs. The CFPB's findings come as credit card debt in the U.S. is rising.

The median interest rate that larger issuers offered to customers with good credit is 28%, according to the Consumer Financial Protection Bureau.

Justin Sullivan/Getty Images

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What's up with all the new storage space?

by Amy Scott

Feb 16, 2024

Investors chasing returns have fueled a self-storage boom.

Nearly 1 in 5 Americans rent storage space away from home, according to real estate data firm Yardi Matrix, many of them during a move or other life transition.

Amy Scott/Marketplace

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Music from the episode

"Air Pockets" Mocky

"California Sunset" Poolside

"Brea" Oddissee

"Still Think" Chrome Sparks

"Shut Up and Let Me Go" The Ting Tings

The team

Nancy Farghalli Executive Producer

Maria Hollenhorst Producer II

Andie Corban Producer I

Sarah Leeson Producer I

Sean McHenry Director & Associate Producer II

Richard Cunningham Associate Producer I

Sofia Terenzio Assistant Producer

Jordan Mangi Assistant Digital Producer

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