Marketplace All-in-One

The U.S. tax code gives artificial intelligence and automation a built-in financial edge over workers. Payroll taxes that fund Social Security and Medicare equal 7.65% of wages — a cost employers don't have to pay when they replace humans with AI. On today's show, could killing off payroll taxes or adding a "robot tax" level the playing field? Then, what to look for in Fed Chair Kevin Warsh's remarks in Jackson Hole this week.

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Ever look back and wish you could stop your past self from making a financial mistake? Yeah, us too. This week, Reema talks to researchers Abigail Sussman and Hal Hershfield about how to handle financial regrets, why our past choices look so much clearer in hindsight, and how our emotions and blind spots shape our financial lives. Plus, a new segment of “Alice Gets Her Life Together” on how to budget for a vacation.

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Old school film technology is having a moment this summer. Moviegoers have traveled far and wide to see Christopher Nolan’s “The Odyssey” in its intended IMAX 70 mm film format. But even theaters with non-IMAX 70 mm film projection are hard to come by. The Alex Theatre in Glendale, California was renovated to screen “The Odyssey” in 70 mm film.

Marketplace’s Meghan McCarty Carino spoke with Miles Williams, the theater’s artistic director, about the renovation and why old school film technology is attracting Gen Z film fans.

Another month, another PCE report that put annual core inflation meaningfully above the Fed’s 2% target. The central bank has been fighting high inflation for more than five years now. At a certain point, you might start to wonder, does the Fed even have the power to fix it? Also in this episode: Consumer confidence falls, transportation durable goods orders tick up, and Arizona’s Great Recession-era bid to save the state budget offers insight into how AI might change our tax structure.

Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.

Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.

Read the stories in today’s episode:

Inflation is stuck above 2%. Can the Fed really do anything about it?
Consumers are pessimistic about the next six months
How Arizona's "Capitol-ism" points to a potential tax fix for the AI age
What's driving an increase in orders for transportation equipment?
Running a historic motel off Route 66 is no easy pursuit
The Gila River Indian Community "walks the walk" on water conservation

The U.S. says our forces in the Middle East have been keeping oil traffic flowing through the Strait of Hormuz, but independent trackers can't account for all of it. The Wall Street Journal's Georgi Kantchev, who has looked into the discrepancy and what it means for everyday consumers, joins this morning’s show to discuss. Plus, we reflect on Dolly Parton as a role model for women in the workplace and talk about where stubborn pockets of inflation persist.

Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.

Marketplace Morning Report is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.