High oil prices, big oil profits
Summary
Marketplace covers the U.S. and Japan’s joint intervention to stabilize the yen, analyzing its impact on U.S. bond yields and trade. The episode features Wells Fargo economist Nicole Servi discussing Fed credibility, labor market trends, and the "low hire, low fire" environment. Additional segments explore oil profits in the Permian Basin, water scarcity affecting Colorado peach growers, and a freelance court reporter’s experience.
Topics discussed
Sponsor message: Odoo business software
US and Japan intervene to support the yen
Economic check-in: Fed policy and labor market
Small business owners on hiring and demand
My Economy: Freelance court reporter
Market numbers and ISM manufacturing data
Sponsor messages: ShipStation and Odoo
Oil profits and Permian Basin drilling activity
Colorado peach growers face drought challenges
President comments on oil profits and credits
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