Consumer confidence slides to 12-year low
Summary
Marketplace examines the upcoming GDP report, noting that resilient consumer spending and AI investment are offsetting concerns about high interest rates and a stagnant labor market. The episode also highlights a sharp drop in consumer confidence to a 12-year low, driven by rising costs and uncertainty. In a feature on personalized pricing, author Lindsay Owens discusses how companies use data to charge individuals different amounts, citing a study on Instacart. Finally, the show covers the struggles of Gulf Coast shrimpers facing high diesel costs and a new Anthropic IPO filing that warns …
Topics discussed
Sponsors: Hard Lessons and Pega
Marketplace intro and week's themes
GDP report preview and growth drivers
Labor market: JOLTS data and hiring stagnation
Brief market update and bond yields
Consumer confidence hits 12-year low
Interview: Personalized pricing and the book 'Gouged'
Market numbers and corporate news
Sponsors: Hard Lessons, Pega, Odu, and UI MBA
Gulf shrimp industry struggles with diesel costs
Clocked Out: Samantha Rafferty's career pivot
Anthropic IPO and existential risk warnings
Sponsor: IBS Freedom
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