Diesel prices fuel uncertainty for small businesses
Summary
Marketplace examines how the ongoing war impacts the US economy, noting that bond yields signal stable short-term rates but rising long-term inflation fears. The episode highlights surging tomato prices due to tariffs, labor costs, and diesel spikes, while also covering China’s rapid AI advancements and the need for global safety pacts. Finally, it details how rising fuel costs strain small businesses and consumers, even as retail sales remain buoyed by tax refunds.
Topics discussed
Sponsors: Odoo and Vantage Score
Bond market signals on war, inflation, and Fed rates
Kevin Warsh confirmation hearing and market overview
Rising tomato prices due to tariffs, labor, and war
China's AI progress and need for global safety pacts
Market numbers: Stocks, airlines, and energy
Sponsors: Odoo, Dell, Fundrise, and 3-Day Blinds
Impact of war on diesel costs for businesses
Retail sales expectations and consumer sentiment
Small business owner navigates rising shipping costs
Tim Cook steps down as Apple CEO
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