Marketplace Morning Report

At Nadine’s Hair Braiding, located in suburban Maryland, customers can walk in at 2 p.m. or 2 a.m. and find a stylist. The 10,000-square-foot salon operates with roughly 400 braiders working as independent contractors and serves hundreds of clients a day. Today, we're visiting the salon to learn about the challenges — and successes — of running such a huge operation. Also: why President Trump is reducing tariffs on certain large machinery, and how remote work could be sidelining younger workers.

It’s been about four months since President Donald Trump threatened sanctions against countries supplying much-needed oil to Cuba. The country's economy is already struggling with shortages, inflation, rolling blackouts, and the longstanding U.S. embargo. This morning, we'll hear from a sociologist and retired professor at the University of Havana who's lived through nearly every major chapter of Cuba’s modern economy — from the rise of Fidel Castro to the current economic crisis. But first, there's a modern gold rush (but this time for uranium).

Former Federal Reserve Chair Jerome Powell accepted the Profile in Courage award last night. Today, we'll delve into the role of the central bank, its current controversies, and signals from new Fed Chair Kevin Warsh. Then, there's another potential wrinkle in the tariff refund process. And later, who’s underrepresented when it comes to shaping AI policy? A new mapping tool aims to boost transparency over the future of AI.

Dollar General reports earnings tomorrow. The company already saw its stock jump last week after one of its rivals, Dollar Tree, reported a great first quarter. This hints at a growing demand for deals from consumers across the income spectrum who are feeling pinched by inflation. Then, we chat with the creators of an interactive map, which shows users the different companies and people who are shaping AI regulation across the U.S.

The Jeff Bezos-backed Slate is a super bare-bones EV that can be configured as an SUV or pickup with starting costs in the mid-$20,000s. Chevrolet, Nissan, Toyota, and Subaru presently offer fully electric models in the $30,000 and $35,000 range, and Ford plans on launching a lower-cost electric truck next year, too. Today, we dig into the growing competition for cheaper electric cars. Also on the show: a check-in on consumer savings and market movements.