Office uncertainty — inside and out

Marketplace All-in-One

Marketplace

News, Business

4.8 • 1.3K Ratings

🗓️ 14 April 2025

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

Fear of unemployment jumped 4.6 percentage points to 44% in March, according to a New York Fed survey. That’s the highest it’s been since April 2020. Expect the commercial real estate market to feel that same vibe. Companies concerned about a tariff-induced recession may make cuts or stick with Zoom instead of leasing new office space, experts told us. Also: Uncertainty is driving up junk bond yields, foreign investors may be pulling back on U.S. markets, and we talk to a small-business executive in “survival mode” over tariffs.

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.co.com.
0:37.9	UK slash Marketplace 22.
0:40.6	Go to Shopify.com.
0:42.3	UK slash Marketplace 22.
0:47.9	So the good news is that at least we're not going to be talking about tariffs in every story today.
0:55.7	From American Public Media, this is Marketplace.
1:09.1	In Los Angeles, I'm Kyle Rizzdahl. It is Monday today, the 14th of April. Good as always, to have you along, everybody.
1:17.1	The way the global economy works, and I'm talking biggest of big pictures here, is that countries buy and sell stuff to and from other countries.
1:27.1	Goods and services, yes, but also stocks and sovereign debt, that is government bonds,
1:32.4	U.S. Treasury bonds in our case, corporate bonds as well.
1:36.1	But there is a growing pile of evidence post the tariffs that the rest of the world is
1:42.5	slightly not as interested in sending its money here anymore.
1:47.3	Marketplace's Subri Beneshaw explains why, if that gets too much worse, we could have a problem on our hands.
	...

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