Consumers couldn't turn frowns upside-down for long

Marketplace

American Public Media

Business, News

4.6 • 8K Ratings

🗓️ 24 June 2025

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The Conference Board’s consumer confidence index dropped in June. That’s after a brief reprive in May from a monthslong downward slide. Uncertainty surrounding the job market, tariffs, that GOP tax bill, trouble in the Middle East — what’s not to be glum about? In this episode, we explain what could shift the mood. Plus: Soon-to-be college grads in China prepare for an unwelcoming job market, oil shipping prices grow even as oil prices fall, and Congress considers a new way to regulate crypto.

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Transcript

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0:00.0	If you've shopped online, chances are you've bought from a business powered by Shopify.
0:05.6	You know that purple shop pay button you see at checkout?
0:08.4	The one that makes buying so incredibly easy?
0:11.1	That's Shopify.
0:12.1	And there's a reason so many businesses sell with it,
0:15.0	because Shopify makes it incredibly easy to start and run your own business.
0:19.8	Shopify is the commerce platform behind millions of
0:22.2	businesses around the world, from household names like Mattel and Jimshark to brands just getting
0:26.8	started. If you want to see less carts being abandoned, it's time for you to head over to Shopify.
0:32.8	Sign up for a one pound per month trial and start selling today at Shopify.com.
0:37.9	com.
0:37.9	UK slash Marketplace 22.
0:40.6	Go to Shopify.com.
0:42.3	UK slash Marketplace 22.
0:48.6	Everything's fine.
0:51.8	From American Public Media,
0:56.6	this is Marketplace.
1:13.0	In Los Angeles, I'm Kyle Rizzdahl. It is Tuesday. Today, this one is the 24th of June. Good as always to have you along, everybody.
1:20.3	First things first, the ceasefire in the Middle East does seem to be holding. Second things, second stock and bond traders the past couple of days do seem to be taking the news out of the Middle East in stride.
1:26.9	And third things,
1:28.0	third, oil markets seem to be very relaxed. Brent, North Seed crew the past two days. Remember,
1:34.6	that's the global benchmark, down 15% a hair under $68 a barrel at the closed day in New York.
	...

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