What’s next for BP?
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 13 February 2025
⏱️ 28 minutes
🧾️ Download transcript
Summary
After a rough 2024, energy giant BP is expected to announce a “fundamental reset” of its business strategy this month. We don’t know for sure what that means, but industry experts expect the firm, formerly known as British Petroleum, to move away from renewables and double down on oil and natural gas. Also in this episode: A trade consultant tells us how her clients are reacting to President Trump’s trade policies, Zelle hit a record $1 trillion in payments last year and Americans are turning to “fin-fluencers” for financial advice.
Transcript
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| 0:58.0 | All right, I'm just going to get right to it. Uh-oh. That's it. That's the open. |
| 1:04.9 | From American public media. This is Marketplace. |
| 1:18.5 | In Los Angeles, I'm Kyle Rizdahl. |
| 1:21.4 | It is Wednesday, today the 12th of February. |
| 1:23.1 | Good as always to have you along, everybody. |
| 1:36.7 | We have heard over the past year or so that inflation's bumpy, that it's sticky, that the last mile, as it were, to the Fed's desired landing at 2% is the hard part. |
| 1:42.6 | Inflation is, in fact, turning out to be all of those things and maybe a little bit more, too. |
| 1:45.4 | The January consumer price index came out this morning, up half a percent month to month, three percent on a yearly basis, not what anybody |
| 1:50.9 | wants to hear, obviously. And you can pick your favorite villain, energy, hotels, airfare, |
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