Let's check in on the U.S. trade deficit
Summary
Marketplace examines rising 30-year Treasury yields and their impact on borrowing costs, alongside a widening U.S. trade deficit driven by energy and AI demand. The episode explores how the Iran conflict restricts commercial satellite imagery from Planet Labs and highlights stagnant home remodeling growth amid labor shortages. Finally, it covers Philadelphia’s local unemployment struggles, the rise of paid friendship apps, and the SEC’s proposal for semi-annual corporate earnings reports.
Topics discussed
Sponsors: VantageScore and Morgan Stanley
Bond market yields hit 5% and inflation concerns
U.S. trade deficit widens amid energy and AI demand
Planet Labs restricts satellite imagery over Middle East
Home remodeling industry faces slow growth and labor shortages
Market numbers: Dow, Nasdaq, and tech stock updates
Sponsors: Puerto Rico, QuickBooks, and Assured Guaranty
Philadelphia job centers struggle with high local unemployment
The rise and cost of paid friendship apps
SEC proposes semi-annual earnings reports
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