Marketplace All-in-One

Across Europe, heatwaves are becoming more frequent, lasting longer, and pushing temperatures into the triple digits in some places. The heat has been slowing trains, straining power grids, and making it harder for people to work. All of this comes at an economic cost. This morning, we'll unpack. Then, private equity-backed firms now own about one in 10 U.S. community hospitals, but takeovers don't guarantee profits. We'll hear about one private equity-backed hospital chain becoming a nonprofit.

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 featured in this episode:

The economic costs of Europe's heatwaves
Quorum Health, a private equity-backed hospital chain, is going nonprofit

President Trump said on Truth Social last night that he's planning a 100% tariff on generic drugs coming into the U.S. starting in 2028, which would jump to 200% a year after. This threat comes as the Trump administration is poised to announce another round of sweeping tariffs, which would replace existing import duties expiring this Friday. Also: one of the world's largest health databases and a pause in federal Medicaid payments to California and Minnesota.

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 featured in this episode:

New tariffs covering 60 countries to replace existing import duties
Why one of the world's largest health databases matters

Marketplace’s Meghan McCarty Carino has been using chatbots pretty intensively the last couple years. And there are some details she’s shared about herself that chatbots seem to think are really important. For instance, Claude is obsessed with the fact that she sometimes gets up for work at 4 a.m.

It comes up constantly in their chats — apropos of nothing. So, why do large language models latch on to these random tidbits? It's the first topic in our new series “Uncanny AI.” Those moments when it becomes clear AI doesn't think like us.

Here to help us unpack what might be going on is Janelle Shane, a laser scientist who writes the AI Weirdness blog.

Anthropic settled a copyright case Monday, agreeing to pay out $1.5 billion to authors whose material had been scraped to train its AI chatbot. It comes out to roughly $3,000 per work used after legal fees and other costs. But the outcome isn’t as decisive as it seems. In this episode, what Anthropic’s decision to settle means for future AI copyright cases. Plus: What we lose when we rely on digital downloads, why Jersey Mike’s is soaring while Subway slumps, and how small business owners are handling higher trucking costs.

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:

How business owners are grappling with higher trucking costs
Jersey Mike's filed to go public. What advantages does it have over other sandwich chains?
A GM vehicle will set you back around $52,000. Here's why that's higher than average.
In the digital era, what media do we still own?
Anthropic pays $1.5 billion to settle a copyright case
Breckenridge's dark night skies are dreamy — but they come at a cost

Canada and Mexico are getting very different treatment from the Trump administration when it comes to trade. U.S. Trade Representative Jamieson Greer will travel to Mexico tomorrow for talks on revising the United States-Mexico-Canada Agreement. Canada is not invited. In fact, it’s facing new U.S. tariffs. We dig in. Then, the transition to an AI economy could benefit some workers and displace others, but who gets to decide just how this transition will go? The AFL-CIO, the nation's largest coalition of labor unions, is demanding a role.

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 featured in this episode:

How labor unions are tackling AI and midterm elections