What's the new normal for global oil?
Summary
Marketplace reports that Middle East tensions have pushed US crude oil above $100, driving up trucking costs and inflation. The show examines how rising freight rates force businesses to absorb costs or raise prices, while also discussing the complex process of recovering tariff refunds. A segment highlights Qcells' $2.5 billion investment in Georgia to build a domestic solar supply chain, aiming to protect the industry from policy shifts. The episode concludes with a look at AI’s potential to accelerate drug discovery, a homeowner’s story on quitting a job to renovate a house, and the grow…
Topics discussed
Century Insurance Group ad
Pegasystems AI platform ad
Marketplace intro and show overview
US oil prices surge past $100
Iran war impact on global oil supply
Wall Street segment transition
Rising trucking costs and inflation
Small business struggles with tariffs
US solar industry and new tariffs
Market numbers and stock updates
Gusto payroll software ad
University of Illinois MBA ad
Pegasystems AI platform ad
AI in drug discovery and regulation
Existing home sales decline
Clocked out: DIY home renovation story
Retail return fees and refundflation
Credits and sign-off
Capital One Saver Card ad
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