For high-end consumers, revenge travel never really stopped
Most consumers are a lot more hesitant to book vacations these days. At least that's what travel companies are telling us — Marriot, Hilton, Hyatt and a slew of airlines all cut revenue expectations for 2025. But one segment of the market is expected to remain strong: luxury travel. We'll hear more. But first: the details of the U.S.-U.K. trade deal and the impact of Bill Gates giving away $200 billion by 2045.
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6:58
What's lost when we lose critical data?
The federal government will no longer track the cost of the most expensive disasters in the country. The National Oceanic and Atmospheric Administration will stop adding dollar damage tallies to its database of events that cause over $1 billion in damage. The move comes as billion-dollar disasters have become more frequent. Plus, as college-bound students look to decide where to go, we'll hear how colleges come up with the price of admission.
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Unpacking the details of the US-UK trade deal
From the BBC World Service: Yesterday, U.S. President Donald Trump unveiled an agreement that will reduce import taxes on some British cars and metals and open up the British market to some U.S. beef. Plus, China says its exports to the States fell by 21% in April compared to the previous year. And, the owner of Zara wants the EU to close a tax loophole that favors exporters of cheap goods into Europe.
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6:53
Bytes: Week in Review - RIP Skype
On this week’s “Marketplace Tech Bytes: Week in Review,” OpenAI retreats from its pivot to profit after its plan to restructure the business hit some snags. Plus, we say goodbye to the old-school internet phone call platform - Skype. But first, the Department of Justice pushed for breaking up part of Google's advertising business by selling off two of its ad tech products, which Google says would be nearly impossible. Marketplace’s Meghan McCarty Carino spoke with Joanna Stern, senior personal technology columnist at the Wall Street Journal, to discuss all these topics and more.
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What we're expecting
The latest consumer expectations report is out and Americans are feeling much worse about their own personal financial situations than they were in March. Their inflation expectations though, haven’t budged much. In this episode, we look at why that might be — and whether these surveys correlate to economic reality. Plus: tariffs dampen hobby splurgers’ spirits, labor productivity drops and we nibble on the U.S.-U.K. trade deal.
Marketplace® is the leading business news program in the nation. We bring you clear explorations of how economic news affects you, through stories, conversations, newsworthy numbers and more. The Marketplace All-in-One podcast provides each episode of the public radio broadcast programs Marketplace, Marketplace Morning Report®and Marketplace Tech® along with our podcasts Make Me Smart, Corner Office and The Uncertain Hour. Visit marketplace.org for more. From American Public Media.