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Libraries are still an internet lifeline

Marketplace

Marketplace

News, Business

4.6 β€’ 8.6K Ratings

πŸ—“οΈ 23 August 2024

⏱️ 27 minutes

🧾️ Download transcript

Summary

In this century, reliable internet access isn’t just a want β€” for many, it’s a need. The federal government is spending billions to bring broadband to underserved areas, but in the meantime, for residents of those hard-to-reach places, libraries are often the only place to access high-speed internet. In this episode, we visit an internet-providing library in rural Kentucky. Plus: Automakers expected a faster EV investment payoff, and prospective homebuyers play the falling-mortgage-rate waiting game.

Transcript

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0:37.0

22.

0:40.3

We begin today with our favorite game show which you knew we kind of had to.

0:44.0

What is Jay Powell thinking?

0:46.0

He gets eight words because he's the Fed chair.

0:49.0

The time has come for policy to adjust.

0:52.0

From American public media. has come for policy to adjust.

0:52.6

From American public media, this one is the 23rd of August.

1:11.6

As always to have you long, everybody.

1:13.4

You know, you don't really have to read too terribly closely

1:16.2

between the lines to understand Powell said everything

1:19.6

except the actual words.

1:22.2

Yep, we're gonna cut interest rates during that much

1:24.8

awaited speech of his in Jackson Hole today but I think there is some subtext to

1:29.5

explore here so we will. Anna Swanson is it the New York Times,

1:32.8

so deep ready is it political oh hey you two.

1:34.9

Hey kay. Hey kay.

1:36.4

So deep let me start with you just you know toss the coin. I'm gonna play another

1:41.7

piece of tape from Powell and then we the three

...

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