Marketplace All-in-One

The Supreme Court just ruled that the cornerstone of the president’s tariff policy is illegal. It says Donald Trump can’t impose tariffs under the International Emergency Economic Powers Act. U.S. consumers and businesses have been shouldering nearly 90% of the cost of all import taxes, and some businesses are vowing to go to court to get a refund. Also on the show: weaker-than-expected GDP growth, DEI's rebrand, and potential federal regulation for driverless cars.

Mainstream economics acknowledges that some joblessness helps to keep prices down. It’s one of the reasons most economists say unemployment at zero isn't actually ideal. This morning, we're joined by the University of Tulsa's Clara Mattei, who argues in a new book that "unemployment is not a problem for our system, but it's actually a solution for it." But first, both Democrats and Republicans grapple with the issue of affordability.

From the BBC World Service: In her first major speech since being reelected as Japan's prime minister, Sanae Takaichi promised to make Japan "stronger and more prosperous." Promises included some changes to the country’s fiscal policy approach, which would include big government spending, strategic industrial investment, and subsidies. Meanwhile, lurking in the background is Japan's heavy debt and sluggish growth. Also, gold prices are on the rise, and traditional French brasseries and bistros are facing an existential crisis.

This week, Palantir announced on X it’s relocating its headquarters to Miami. Plus, we look at the controversy around Ring's Search Party feature.

But first, an update to Google's AI search summaries. If you use AI-enabled search on Google, it’ll spit out an AI-generated summary with source links to the right. Now, the company is making links more prominent when users hover over certain words in the AI summary.

Google says this new interface is “more engaging.” Marketplace’s Stephanie Hughes spoke with Anita Ramaswamy, columnist at The Information, about all this and more.

Consumers have gotten worse at guessing how much goods cost, research shows. Call that literal sticker shock? Accelerated price growth might be to blame, but so is dynamic pricing and the proliferation of online sales. Also in this episode: Trump’s tariffs have failed so far to shrink the U.S. trade deficit, wholesale inventory stabilizes as trade war uncertainty settles, and we visit a place where White House energy and immigration policies collide.

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