The FDIC just approved Ford and GM’s applications to launch “industrial” banks. Plus: Digital ad revenue, cattle prices, and American-made apparel.
Marketplace host Amy Scott sits down with Jordyn Holman at the New York Times and David Gura at Bloomberg to discuss the weekly news including the World Economic Forum in Davos and the first year of President Donald Trump’s second term.
The banks can offer competitive loans to auto customers who might be facing sticker shock, now that the average price of a car is around $50,000.
Alex Goulet spoke about what went into compiling the book “Crafted With Pride,” a consumer guide for American-made apparel.
This year’s show comes at a time with beef prices at record highs. That’s because, in large part, the U.S. cattle population is at a 75-year low.