Marketplace

President-elect Donald Trump spent much of his campaign promising to impose tariffs on Chinese goods, and the value of the dollar has fluctuated in response to his trade agenda. We’ll explain the connection — and why lower import tariffs bring down the dollar’s value against other currencies. Also in this episode: Small businesses take advantage of their leases, home equity could fuel a massive wealth transfer and the GOP presses for changes to how the government calculates the cost of legislation.

President Biden blocked a nearly $15 billion deal for Japan-based Nippon Steel to buy U.S. Steel, citing national security concerns. Both firms say they’ll go to court to keep the deal alive, but can they prove the acquisition won’t put the U.S. in a vulnerable spot? Also in this episode: Small businesses win an anti-gentrification victory in a Los Angeles neighborhood, new car sales are up despite high prices and Orlando, Florida, gets a romance-only bookstore.

A new congressional session begins on Friday and, like so many before them, the fresh cohort of lawmakers will have to come to a consensus on what to do about the national debt ceiling. Will they raise it, lower it or get rid of it entirely? We explain. Plus, job seekers use social media to market themselves, a few areas shine in an otherwise so-so construction spending report, and longshoremen stand firm against port automation.

Natural gas prices are creeping up — the commodity leaped recently in futures trading.  That means your January heating bill may be higher than anticipated. In this episode, what makes natural gas prices heat up and why we can’t just pump more in. Plus, Boeing’s New Year’s resolutions for a stronger 2025 and how women might benefit from the “great wealth transfer.”