Aug 3, 2022

What is OPEC thinking right now?

By pledging to increase output by just 100,000 barrels a day, OPEC could be implying that it expects demand for oil to fall. Above, OPEC's headquarters in Vienna. Joe Klamar/AFP via Getty Images

The oil cartel will boost production, but that may not temper high prices. Plus, a safety net for workers hurt by trade competition comes ends.

Segments From this episode

OPEC+ agrees to boost oil production. But probably not enough to lower prices.

by Justin Ho

Aug 3, 2022

The small increase of 100,00 barrels a day may be a sign that the cartel thinks a recession is coming.

By pledging to increase output by just 100,000 barrels a day, OPEC could be implying that it expects demand for oil to fall. Above, OPEC's headquarters in Vienna.

Joe Klamar/AFP via Getty Images

LISTEN

EMBED

Credit card debt is up 13% from last year, New York Fed reports

by Samantha Fields

Aug 3, 2022

That’s the biggest year-over-year increase in 20 years. Inflation is just part of the reason.

Credit card debt increased by 13% over recent months as consumers go back to pre-pandemic spending habits, like going to restaurants or traveling.

Matt Cardy/Getty Images

LISTEN

EMBED

A 60-year-old program for workers hurt by globalization comes to a close

by Kai Ryssdal and Sarah Leeson

Aug 3, 2022

The Trade Adjustment Assistance program aids workers laid off due to trade competition. It stopped taking applications in July.

Towns with one main industry have been particularly hurt by globalization. Above, Steubenville, Ohio, sits near the Ohio River.

Rick Gershon/Getty Images

LISTEN

EMBED

With "Reservation Dogs" and "Rutherford Falls," a new era of TV centers on Native people, stories

by Savannah Peters

Aug 3, 2022

The new wave of shows created for and by Indigenous people shows Native storytelling is worth investing and reinvesting in, fans say.

The second season of the dramedy "Reservation Dogs" premiers Wednesday night on Hulu.

Araya Doheny/Getty Images

LISTEN

EMBED

Germany under fire from neighbors for its dependence on Russian energy

by Stephen Beard

Aug 3, 2022

Fear that Russia may terminate all natural gas flows to Europe's largest economy is causing friction among EU countries.

Some countries in Eastern Europe objected to Germany building ties with Russia around natural gas imports via the Nord Stream pipeline. Now, Germany is scrambling to prepare for additional supply cuts.

Odd Anderson/AFP via Getty Images

LISTEN

EMBED

About 200 Chinese firms are at risk of getting kicked off the Nasdaq and NYSE

by Jennifer Pak

Aug 3, 2022

The companies must let American regulators inspect their financial audits, a fight that stretches over 20 years.

The Luckin coffee chain was initially seen as a high-tech Starbucks killer before it was forced to delist from the Nasdaq over fraud charges.

Charles Zhang/Marketplace

LISTEN

EMBED

Music from the episode

Still Got Love Teedra Moses

Calling (Never Stop) Anchorsong

Lovin Millionyoung

Mirage Toro y Moi

Melloton Liam Huston

Soft Stud Black Belt Eagle Scout

The team

Nancy Farghalli Executive Producer

Maria Hollenhorst Producer II

Andie Corban Producer I

Sean McHenry Director & Associate Producer II

Richard Cunningham Associate Producer I

Dylan Miettinen Associate Digital Producer

Latest Episodes From Our Shows

5:30 PM PDT