Marketplace All-in-One

Ah, the duality of AI. Spending on the technology is boosting economic growth, yes, but it’s also driving up inflation. (In case you were too distracted by Jensen-Huang-enfreude, wholesale inflation was up 6.5% YoY in October.) What’s the Fed — which hasn’t met its 2% inflation goal in over five years — to do? In this episode, how the central bank might be thinking about AI ahead of its next meeting. Plus: Nvidia execs are likely getting very, very prepared for next week’s earnings call and private equity gets its paws on more and more food and beverage chains.

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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:

Nvidia this, Nvidia that — doesn't anyone want to talk about inflation data?
What will happen at Nvidia's impending earnings call?
This retired HR worker never expected to start an art business in Hawaii
The AI boom has handed the Fed an inflation problem that rate hikes may not fix
From cookies to sandwiches, private equity is digging into restaurants

This morning, we learned that the producer price index rose by 0.3% in October, up 6.5% year over year. At this point, the Fed's 2% inflation target feels far away, and wage gains haven't kept up with price increases for some seven months now. And while wealthier households continue to spend, working-class families are increasingly pinched by inflation. We discuss all that, then explain a Supreme Court case centered on the power of government agencies.

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.

Until this week, Nvidia only ever had one CEO: Jensen Huang. Now, Colette Kress — previously the company’s CFO — will take on the role while the company searches for a permanent replacement. It’s the job of a corporate board to cultivate a successor, but that didn’t happen at Nvidia. This morning, we unpack what went wrong. Then, what happens to a small business when it faces eye-popping increases in healthcare premiums?

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 the stories from this episode:

Nvidia did not have a succession plan. Why?
“It feels immoral": Small businesses struggle with rising healthcare premiums

Jensen Huang is out as the CEO of Nvidia, and the company’s board named chief financial officer Colette Kress as interim CEO. But a whole lot of questions remain.

Plus, some good news in AI: the debt-laden neocloud CoreWeave delivered strong earnings this week. And, the tech industry’s pivot to the left begins with … Palantir?

Anita Ramaswamy, financial columnist at The Information, joins Marketplace’s Meghan McCarty Carino to explain more on this week’s “Tech Bytes: Week in Review.”

More on this:

“NVIDIA Announces CEO Transition” from Nvidia

“Who Is Nvidia’s Interim CEO Colette Kress?” from The Wall Street Journal

“CoreWeave sparks AI cloud stock rally, lifts Nvidia as results ease bubble fears” from Reuters

“CoreWeave and These Other Stocks Are in the Nvidia Danger Zone” from Barron’s

“Big Tech pivots left” from Politico’s Playbook

“All the Ways Palantir is Assisting Trump’s Abusive Removal Campaign” from ACLU

Big Tech’s AI revolution is in limbo after the resignation of Nvidia CEO Jensen Huang. A giant among tech world giants, Huang played an immeasurable role in the global trajectory of artificial intelligence. What will the chipmaker — and the company so powerful it’s often referred to as AI’s central bank — do without its longtime leader? We’ll discuss. Plus: Tariffs continue to fuel inflation, JetBlue adds first-class tickets, and Bloomberg builds its own consumer price tracker.

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:

Is Nvidia "too big to fail"?
Even as they stabilize, tariffs continue to drive up prices
A growing Wyoming town faces a housing development crossroads
After teacher burnout, she stitched together a new career as a fabric store owner
JetBlue adds first-class seats to boost profits
Bloomberg built its own high-frequency version of the consumer price index