That lurking recession never showed up
Marketplace
Marketplace
4.6 • 8.5K Ratings
🗓️ 15 July 2024
⏱️ 29 minutes
🧾️ Download transcript
Summary
The economy seems to be coming in for a soft landing, and that’s a big reason banks are doing so well. Markets are up, emboldening companies to make merger deals, which they pay investment banks to execute. JPMorgan Chase just posted the highest quarterly net income for a bank in U.S. history — $18.1 billion. Also: On the eve of Amazon Prime Day, how a shipping hub handles quick turnarounds. Plus, another decline in China’s GDP, and a DJ looks back at her analog life spinning vinyl.
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| 0:59.0 | A view of the economy as we start the week from American public media. This is |
| 1:06.9 | marketplace. In Baltimore, I'm Amy Scott in for Ky Rizdahl. It's Monday, July 15th. |
| 1:22.0 | Good to have you with us. |
| 1:23.9 | As the country continues to absorb the implications |
| 1:26.9 | of Saturday's assassination attempt |
| 1:29.2 | on former President Donald Trump, |
| 1:31.3 | Fed Chairman Jerome Powell had this to say at the Economic Club of Washington, D.C. |
| 1:37.0 | It was a really a very sad day for our country. |
| 1:40.0 | Political violence has no place in our society, and I condemn it in the strongest terms. |
| 1:44.1 | I know we all do. |
| 1:46.2 | A man died at a political rally, two other people were critically injured. |
| 1:50.4 | It's just a sad day and I'll say that I'm grateful that the injuries to the |
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