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Marketplace Morning Report

Caregiving responsibilities weigh on the “sandwich generation”

Marketplace Morning Report

Marketplace

Business, News

4.5927 Ratings

🗓️ 14 January 2025

⏱️ 8 minutes

🧾️ Download transcript

Summary

A growing number of Americans are joining the “sandwich generation,” which refers to people caring for younger children and aging parents at the same time — and it’s often unpaid labor, on top of a separate full-time job. This all takes a toll on mental, physical and financial health. Then, speaking of sandwiches, burger chain Shake Shack looks to expand as more customers turn to fast casual dining.

Transcript

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0:00.0

How the U.S. plans to control the spread of AI technology around the world.

0:08.9

For a marketplace, I'm Sabri Beneshaw in for David Brancaccio.

0:11.8

The Biden administration has unveiled new rules for the export of U.S. made computer chips used in artificial intelligence.

0:20.3

The idea is to keep the chips away

0:22.5

from countries of concern, like China, and keep AI computing power in the U.S. Marketplaces

0:29.1

Nancy Marshall-Genzor has more. The Biden administration says powerful chips used in

0:34.1

AI can be deployed in mass surveillance and used in weapons of mass destruction.

0:39.3

There won't be any restrictions on exports of U.S. AI chips to 18 allies, although exports to

0:45.4

countries under U.S. arms embargoes like China will be banned, and there will be caps on U.S.

0:51.2

AI chip exports to most other countries. In a statement, chipmaker NVIDIA says the new rules would weaken U.S. AI chip exports to most other countries. In a statement, chipmaker

0:55.3

invidia says the new rules would weaken U.S. global competitiveness and undermine innovation.

1:01.2

The new rules aren't final, though. There's a 120-day comment period, meaning the final decision

1:06.9

will be up to President-elect Donald Trump. I'm Nancy Marshall Genser for Marketplace.

1:13.0

The burger chain, Shake Shack, told investors on Monday that it plans to expand aggressively

1:17.6

in the next few years, like very aggressively. It wants to eventually operate 1,500 stores

1:23.8

that is compared to just over 300 right now. Shake Shack may be trying to seize a moment.

1:30.7

Fast casual restaurants. These are kind of in between fast food and casual sit-down

1:34.6

restaurants. This type of restaurant has been growing much faster than other parts of the industry,

1:39.8

which have been struggling. Marketplaces, Henry Epp has more.

1:43.6

There's no Shake Shack where I live yet, but Jersey Mikes just opened its second location in the area, so I went for lunch.

1:50.0

Can I just get a regular, original Italian?

1:52.4

Yeah. You do a blood red?

...

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