May 2, 2023

When the dust settles, banking will look a bit different

Justin Sullivan/Getty Images

Think industry consolidation and new regulations. Plus, the risks of interest-only mortgages and an examination of the March job openings report.

Segments From this episode

Banks in Turmoil

How will banking change amid wreckage of SVB, First Republic?

by Justin Ho

May 2, 2023

New regulation and industry consolidation will be key. Loans may be scarcer for new businesses and in low-income and rural communities.

Executives and regulators would like the fallout of the recent bank failures to be limited, but the impact is being felt.

Justin Sullivan/Getty Images

LISTEN

EMBED

Banks in Turmoil

How interest-only mortgages can be risky for borrowers and lenders

by Stephanie Hughes

May 2, 2023

These mortgages were key to the economic climate that led to the 2008 financial crisis. First Republic had a lot of them.

First Republic Bank had a lot of of interest-only loans, which can be risky for both borrowers and lenders.

Patrick T. Fallon/AFP via Getty Images

LISTEN

EMBED

March jobs report shows more signs of cooling labor market

by Savannah Peters

May 2, 2023

The number of openings decreased for the third straight month in March, but it’s still historically high.

While there were still nearly 9.6 million job openings in March, that's the third straight month of decreases.

Justin Sullivan/Getty Images

LISTEN

EMBED

How brands like Birkenstock and Victoria's Secret stage a comeback

by Kristin Schwab

May 2, 2023

It takes more than trends and nostalgia to become popular a second or third time around. It can take years of hard work.

"How can we not sell, you know, mastectomy or maternity bras?" says Sarah Sylvester, executive vice president of marketing at Victoria's Secret. "Like, why would we turn any woman away for anything that she needs if we’re supposed to be the leader in bras?" Above, an underwear display from 2021.

Justin Sullivan/Getty Images

LISTEN

EMBED

When gainful work isn't all that gainful

Republican House Speaker Kevin McCarthy’s proposed bill to raise the debt ceiling also adds stricter work requirements to welfare programs. But how does those requirements work? From “The Uncertain Hour,” Marketplace’s Krissy Clark reports.

Listen Now

My Economy

As film gets more popular, Los Angeles photographer finds it's also getting pricier

by Richard Cunningham

May 2, 2023

Dave Montejano talks about the rising cost of his passion and building a film photography community online.

In March, Kodak increased the prices of its 35 mm and 120 mm films, making the stocks unaffordable for many film photographers.

Scott Olson/Getty Images

LISTEN

EMBED

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

Dylan Miettinen Associate Digital Producer

Latest Episodes From Our Shows

8:26 AM PST