No job? No office phone? Thanks DOGE.

Marketplace All-in-One

Marketplace

News, Business

4.8 • 1.3K Ratings

🗓️ 22 April 2025

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Verizon lost nearly 300,000 monthly phone subscribers in the first quarter. The telecom giant put partial blame on ongoing government layoffs. Verizon will bounce back, analysts say, but its bad news may be followed by similar corporate disclosures reflecting DOGE-driven funding cuts and an atmosphere of paring back. Later in this episode, the U.S. lags China in nuclear power expansion, economic instability hinders AI data center investment and Catholic nuns struggle to find affordable care as they age.

Transcript

Click on a timestamp to play from that location

0:00.0	Starting a business can be overwhelming.
0:03.3	You're juggling multiple roles, designer, marketer, logistics manager, all while bringing your vision to life.
0:10.0	But for millions of businesses, Shopify is the ultimate partner.
0:14.2	Shopify is proud to power many sources of UK e-commerce from brands like Mattel and Jim Shark to new entrepreneurs.
0:21.2	Build a stunning online store with Shopify's ready-to-use templates, boost content with
0:26.6	AI-powered product descriptions, page headlines and enhanced photography.
0:31.9	Marketing is easy with built-in tools for email and social media campaigns.
0:36.9	Plus, Shopify simplifies everything from inventory to shipping and returns.
0:41.9	If you're ready to sell, you're ready for Shopify.
0:44.9	Turn your big business idea into with Shopify on your side.
0:49.2	Sign up for your £1 per month trial today at Shopify.com.uk.
0:52.8	Try.
0:53.9	Go to Shopify.com.uk.uk slash try. Go to Shopify.com.com.
0:57.3	UK slash try.
1:01.5	You know what words you never want to hear when somebody's talking about the global economy?
1:06.9	Major negative shock to growth.
1:13.1	Those are the words you never want to hear.
1:17.8	From American Public Media, this is Marketplace.
1:34.0	In Los Angeles, I'm Kai Rizdahl. It is Tuesday, today the 22nd of April. Good as always to have you along, everybody.
1:45.3	Those words in question, a major negative shock to growth, come to us courtesy of the International Monetary Fund, which released its semi-annual world economic outlook this morning.
1:50.2	The shock in question, of course, is the tariffs on which President Trump is betting this economy. And what happens in the United States definitely does not stay in the United States.
1:56.2	The IMF says the global economy is going to grow almost a full percentage point slower this year.
	...

Transcript will be available on the free plan in 19 days. Upgrade to see the full transcript now.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Marketplace, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Marketplace and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.