Marketplace All-in-One

When Bumble went public five years ago, the dating app known for being a friendlier place for women was valued at $14 billion. But the dating business, the tech industry and the stock market have changed a lot since then. And shares declined 90% from their peak.

Now, the company is going private again. It's being acquired by private equity firm Ithaca Holdings, with two new CEOs taking the helm. Sarah Kunst, managing director at the venture firm Cleo Capital and former senior advisor at Bumble, explains what this all means.

More on this:

“Bumble bought for $1.3bn in 'bet on the future of humanity'“ from BBC

“Here's what happens to Twitter's stock now that it's a private company” from NBC News

“EA is now a private company” from The Verge

On Tuesday morning, lenders like KeyCorp, Mercantile Bank, and Atlantic Union Bank turned in their earnings reports. Those types of regional banks make plenty of loans, especially to midsize companies. In this episode, we look at how they might start getting pickier if rates increase. Also, we’ll look at retailers fighting to offer value to customers, how AI is being used in publishing, Magic: The Gathering driving growth at Hasbro, a wild game processing company, and the booming horror industry.

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:

Midsize lenders thrived in the third quarter. Can it last?
Walmart is offering a new membership bundle in fight for value
AI (still) has the publishing industry in a tizzy
Magic: The Gathering is driving growth at Hasbro
Hunters have to hunt for a place to turn wild game into food
Horror is good business — not just during Halloween

The Federal Aviation Administration is expected to announce today that it has certified a new Boeing jet, Reuters reports. Boeing was supposed to start delivering its 737 MAX 10 back in 2020, but years of technical problems have kept it from moving forward. With federal approval, the jet could be a big help to airlines facing rising fuel costs. Plus, we discuss the impact of wars, high inflation, and high borrowing costs on company earnings. And later, Americans increasingly fear AI.

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.

Read stories from this podcast:

AI is high on the list of what Americans fear most

On Sunday, Anthropic announced that 5% of its shares would go into a new “public benefit fund.” The company claimed it could use a new charitable LLC to give large donations to nonprofits or to “specific populations.” Later that day, Elon Musk said he’ll give shares of SpaceX to every kid in the U.S. next year. So how exactly would these philanthropic plans work? And who would benefit? Also: why corporate brands outside of the music industry are releasing their own albums.

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.

Stories from this episode:

Anthropic and Elon Musk announced big philanthropic plans. But who benefits?
Why brands like Wendy's and e.l.f. are releasing albums

More and more people are turning to chatbots to search the web.

But researchers are finding these systems can be gamed.

We wanted to understand more about how AI chatbot search results can be manipulated, so we called up someone who studies these things for a living: Xiyang Hu, an assistant professor at Arizona State University, where he leads the Generative Learning and Augmented Decision Lab.

More on this

``Someone Hid It!'': Query-Agnostic Black-Box Attacks on LLM-Based Retrieval — a study published for the International Conference on Machine Learning

Reddit comments are 'foundational' to training AI models, COO says — from Business Insider

Language Models Often Favor Their Own Text, Revealing a New Bias in AI — NYU Center for Data Science