Big banks fare well in this rocky economy
Marketplace
Marketplace
4.6 • 8.6K Ratings
🗓️ 13 July 2026
⏱️ 29 minutes
🧾️ Download transcript
Summary
Five major banks report earnings Tuesday morning, and analysts expect them to be rosy. Despite a volatile energy market and uncertain geopolitical climate, U.S. banks are turning strong profits. They’ve got AI investment and a booming stock market to thank. Plus, the inflation beat: Steep producer inflation could soon show up in consumer prices, economists aren’t sure how long overall inflation will stick around, and we check in with three small business owners ahead of the June CPI.
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Transcript
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| 0:00.0 | Five years ago, at the height of the pandemic, a leading global company made a bold decision. |
| 0:05.0 | Rather than simply react to disruption, it set out to remake its supply chain for a world |
| 0:09.9 | defined by uncertainty. Working with GEP, the company redesigned its operations around visibility, |
| 0:16.5 | resilience, and efficiency. Today, as many companies continue to navigate tariffs, inflation, wars, |
| 0:22.8 | and supply disruptions, that company is delivering double-digit growth and gaining market share. |
| 0:28.6 | It turned supply chain shocks into competitive advantage. That's the power of GEP's AI-Native |
| 0:35.0 | quantum intelligence platform and Services. |
| 0:43.7 | More than 7,000 employees across 30 offices support over 1,000 organizations worldwide, |
| 0:49.5 | helping them anticipate disruption, reduce risk, and create value across their global value chains. |
| 0:56.7 | Find out how to put agenic AI to work in your procurement and supply chain operations at gep.com. |
| 1:05.8 | What's the over under on the number of times I'm going to say economic data this week? |
| 1:08.8 | I'm going to set it at 15. |
| 1:14.2 | From American public media. this is Marketplace. |
| 1:25.4 | In Los Angeles, I'm Kyle Risdahl. |
| 1:26.5 | It is Monday. |
| 1:30.8 | Today, this one is the 13th day of July. It is always to have you along, everybody. |
| 1:40.5 | You know, there is a certain rhythm to economic data. The monthly jobs report comes out, with exceptions only for holidays, on the first Friday of the month. |
| 1:44.5 | Updates to gross domestic product come out like a metronome, more and more specific about economic growth each time. And as surely as day follows night, the consumer |
| 1:50.3 | price index, which will be upon us tomorrow, is followed by the producer price index. |
| 1:55.8 | Consumer prices are pretty straightforward, right? Prices for consumers. The PPI, though, |
| 2:00.8 | is more complex. Inflation at the wholesale |
| 2:02.9 | level, yes, but it measures prices that businesses are charging all buyers, businesses, and |
... |
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