WWJPD?

Marketplace All-in-One

Marketplace

News, Business

4.8 • 1.3K Ratings

🗓️ 21 August 2025

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

Rising unemployment claims will be on Fed Chair Jay Powell's mind when he addresses the Jackson Hole Economic Symposium on Friday, and as he contemplates an interest rate decision in September. But he’s also got stable prices amid tariff uncertainty to worry about. So, we wonder: What Will Jay Powell Do? Later in this episode: Visual AI tools trail behind language-based models, popular spicy snacks could be a symptom of rising food costs, and Indigenous artists tell us how tariffs factor into their business.

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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.com.
0:37.9	Dot, UK slash Marketplace 22.
0:40.6	Go to Shopify.com.
0:42.3	UK slash Marketplace 22.
0:47.4	I'm just going to say it.
0:49.4	We are going heavy on the macroeconomics today.
0:53.4	Oh, that and spicy food.
0:56.6	From American public media.
0:59.0	This is Marketplace.
1:06.1	In Los Angeles, I'm Kai Riznell.
1:10.4	It is Thursday, today, August 21. Good as always to have you along, everybody.
1:15.7	There is a trifecta leading the macroeconomic conversation in this country right now. Tariffs, because, well, you all know why.
1:24.7	Inflation pretty much, ditto. It's higher than the Federal Reserve wants it to be.
	...

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