Marketplace All-in-One

We are now into the first hours of a two-week ceasefire in the U.S.-Iran conflict. The wholesale price of oil has plunged nearly 16%. The New York price was pushing $118 yesterday; this morning, it's below $95 a barrel. While the war certainly isn't over, markets are celebrating the momentary relief. Then, we'll check in with both a New Mexico nonprofit and an AI firm to understand the region's K-shaped economy.

As humans have integrated artificial intelligence into their daily lives, there is growing concern that AI is doing the bulk of the thinking.

According to the paper: “Thinking—Fast, Slow, and Artificial: How AI is Reshaping Human Reasoning and the Rise of Cognitive Surrender,” by Gideon Nave and Steven Shaw of the Wharton School of Business, they’ve deemed it a “cognitive surrender.”

“Marketplace Tech” host Meghan McCarty Carino spoke with Shaw, a postdoctoral researcher at Wharton, about their findings and the possible impacts for the future human cognition.

Laws prohibiting insider trading in commodities markets — which could be applied to prediction market platforms like Kalshi and Polymarket — are more recent and untested than you might think. In this episode, we dig into two conflicting viewpoints: prediction markets as forecasting tools and prediction markets as regulated betting platforms. Plus: Durable goods orders continue a downward trend, the air travel industry weighs the role of small airports, and consumer inflation expectations rise.

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.

Doorbell cameras, license plate readers and social media platforms are just a few of the tech products that make up an ever-growing surveillance network in the United States. ICE’s use of surveillance tools as part of its immigration crackdown has brought that into focus. On today’s show, Kimberly talks with investigative journalist and co-founder of 404 Media Joseph Cox about the growth of the American surveillance state and simple steps you can take to protect your privacy.

Here’s everything we talked about today:

"With Ring, American Consumers Built a Surveillance Dragnet" from 404 Media
"Surveillance company Flock generates controversy, and L.A. customers" from The L.A. Times
"Ring Ends Deal to Link Neighborhood Cameras After Backlash to Super Bowl Ad" from The New York Times
"All the Ways Big Tech Fuels ICE and CBP" from Wired
"Inside a Powerful Database ICE Uses to Identify and Deport People" from 404 Media

We love hearing from you. Leave us a voicemail at 508-U-B-SMART or email [email protected].

Jamie Dimon, the CEO of JPMorgan Chase, put out his annual letter to shareholders this week. In it, the leader of the largest bank in North America outlined worries about persistently elevated inflation and the growing role of private credit. We'll unpack. Then, as part of our “Business Envy” series, we'll have a chat with the founder and CEO of a Maine-based rocket company looking to support research missions and a growing space economy.