Retail feels the squeeze
Summary
Marketplace examines cooling July inflation data against rising energy costs and uncertainty surrounding Fed Chair Kevin Warsh’s interest rate strategy. The episode also explores how AI-generated goods are driving handmade sellers away from Etsy, while new tariffs on Canada hurt border businesses. Finally, the show analyzes the enduring success of Candy Crush and warns of potential inflation spikes due to diesel price hikes.
Topics discussed
Sponsor: Capital One Saver Card
Inflation, Fed policy, and Kevin Warsh's reaction function
Retail sales drop and the 'lipstick effect' on consumer spending
Etsy's shift to AI goods and the flight of handmade sellers
Market numbers: Stocks, bonds, and SpaceX acquires Cursor
Impact of Trump's tariffs on US-Canada border businesses
The enduring success and freemium model of Candy Crush
Rising diesel prices and listener survey announcement
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