Marketplace

@marketplace.org

Every story has an economic angle. We break it down to help you live smarter. marketplace.org 📧 Want even more Marketplace? Subscribe to our newsletters: https://www.marketplace.org/newsletters/

In about 3 months, California voters will decide whether to impose a wealth tax on the state’s richest residents. Proposition 40 would levy a one-time 5% tax on roughly 200 of California’s wealthiest inhabitants, with supporters arguing the measure would help offset Medicaid cuts.

California voters weigh $100 billion wealth tax to offset Medicaid cuts

Midterm election battle pits a healthcare workers' union against some of California's richest residents.

marketplace.org

Oil firms drilling in the Permian Basin are cautiously optimistic as the ongoing war props up West Texas Intermediate. Plus: The Japanese yen, Colorado peaches, and a part-time court reporter. Today on Marketplace.

High oil prices, big oil profits

Oil firms drilling in the Permian Basin are cautiously optimistic as the ongoing war props up West Texas Intermediate. Plus: The Japanese yen, the bond market, Colorado peaches, and a part-time court ...

marketplace.org

Google’s AI search is changing the way people find information online — and it’s reshaping who gets web traffic in the process. As AI-generated summaries keep more users on Google’s search page, many publishers are seeing fewer visitors and searching for new ways to reach customers.

Google's AI search is changing who gets web traffic

AI summaries are keeping more users on Google, leaving many publishers and businesses searching for new ways to reach customers.

marketplace.org

The Bureau of Economic Analysis is making a significant update to how it measures inflation in several categories, with the changes set to be applied retroactively to 2021. While the agency regularly refines its methodology, the revision comes as the BEA faces budgetary pressures.

Why the Bureau of Economic Analysis is updating how it calculates inflation

The Bureau of Economic Analysis makes adjustments to inflation estimates regularly, but it comes at a time when the BEA is under budgetary stress.

marketplace.org