When does AI become a spending suck?
Summary
Marketplace hosts discuss the political maneuvering around Kevin Warsh’s Fed nomination and the dropped investigation into Jerome Powell, alongside concerns over inflation and energy shocks. The episode also examines the rising costs of AI implementation for businesses and the complexities of processing tariff refunds. Finally, it highlights Procter & Gamble’s strong earnings and profiles Untamed Spirits, Los Angeles’s first women’s sports bar.
Topics discussed
Sponsors: Cornerstone and VantageScore
Marketplace intro and host Kyle Ritzdahl
Fed investigation dropped and Warsh confirmation
Kevin Warsh's hearing and Fed leadership challenges
Energy shock, inflation, and upcoming Fed meeting
Transition to market numbers
Rising costs of AI usage and token spending
Tariff refund portal struggles for importers
Stock market weekly recap and bond yields
Sponsors: Cornerstone, VantageScore, Odoo, Dell
Procter & Gamble earnings and consumer spending
LA's first women's sports bar Untamed Spirits
Oil prices, credits, and sign off
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