Jun 15, 2022

Decades-high inflation gets a decades-high rate hike

Olivier Douliery/AFP via Getty Images

The Federal Reserve announced its largest interest rate hike since 1994, but consumer spending may already be cooling. Plus, no side wants to give an inch in the U.K.'s unit-of-measurement debate.

Segments From this episode

The Fed ups the ante

The Fed hiked its key interest rate by three-quarters of a percentage point. Today, we dig into the implications of that historic move.

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Retail sales dip may be lined with silver

by Sabri Ben-Achour

Jun 15, 2022

The slight decline from April to May could indicate a slowing economy — which the Federal Reserve is hoping for.

Justin Sullivan/Getty Images

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How do we calculate supply and demand for oil heading into the future?

by Andy Uhler

Jun 15, 2022

There are a lot of variables that make predicting energy demand in 2023 difficult, including rising interest rates, inflation and potential COVID flare-ups.

President Biden recently demanded big oil companies bring down gas and diesel prices. Above, gas stations in Bethesda, Maryland, earlier this year.

Mandel Ngan/AFP via Getty Images

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When you need 70,000 pounds of paper a month and the supply chain is in chaos

by Kai Ryssdal and Anais Amin

Jun 15, 2022

Claudia Smukler of Mother Jones explains the unique obstacles to producing a print magazine in this economy.

Magazines require a high grade of coated paper, one that ink will lay well on.

Bennett Purser/Marketplace

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Department of Education appoints its first chief economist

by Stephanie Hughes

Jun 15, 2022

The agency said it’s part of bringing a more data-based approach to policymaking.

The Department of Education recently announced that Jordan Matsudaira will be the first chief economist in its 43-year history.

Alastair Pike/AFP via Getty Images

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U.K. weighs whether to restore its old system of imperial measurements

by Stephen Beard

Jun 15, 2022

The prime minister pledged to make the use of pounds and ounces official again after Brexit. We checked sentiment at Shrewsbury Market.

In the imperial measurement system, an inch is based on the length of three grains of barley.

Reimphoto/Getty Images

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After a career pivot, one woman is balancing teaching, law school and motherhood

by Andie Corban

Jun 15, 2022

Catherine Fink of Colorado said this was the year she felt "most frazzled, just in terms of having to be basically at three full-time jobs."

Fink just completed her 18th year of teaching, and this year she also took law school courses.

Olivier Douliery/AFP via Getty Images

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Music from the episode

Baghdad Sun Apollo Brown

Brokenfolks Georgia Anne Muldrow

All The Stars (with SZA) Kendrick Lamar, SZA

Respiration Black Star, Common

Ego Beyoncé

Back To You Selena Gomez

The team

Nancy Farghalli Executive Producer

Maria Hollenhorst Producer II

Andie Corban Producer I

Sean McHenry Director & Associate Producer II

Richard Cunningham Associate Producer I

Dylan Miettinen Associate Digital Producer

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