May CPI: glass half-empty, glass half-full
Summary
Marketplace examines mixed inflation data, noting that while energy shocks drive prices up, core inflation is cooling. The episode features Natasha Saran discussing how immigration crackdowns threaten long-term productivity and business formation. Additionally, reports cover drone-based cloud seeding efforts to save the Great Salt Lake and the evolving career-focused nature of summer camps for teenagers.
Topics discussed
Sponsors: Odoo and Cornerstone
Marketplace intro and economic news overview
Inflation driven by energy shocks and war
Core inflation cooling and tariff impacts
Wage growth lagging behind inflation
Immigration crackdown lowers productivity growth
Market numbers and airline stock drops
Sponsors: Gusto, Fundrise, and Assured Guaranty
Cloud seeding drones to save Great Salt Lake
Summer camps adding resume value for teens
Fed meeting and Bank of Canada rate decision
Promo for This Is Uncomfortable podcast
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