The blockbuster jobs report released last week had particularly good news for one group of job-seekers: young people who have recently graduated college. According to the data, the job market is a lot stronger than in previous years because employers are still desperate to hire. Plus, the Biden administration is slated to beef up protections for airline consumers dealing with flight cancellations and other delays. And, amid an ongoing teacher shortage, some schools that offer bilingual education are looking for teachers outside the country. 

From the BBC World Service: Oil analyst Viktor Katona explains why the EU and G7 sanctions have had the desired impact as the Kremlin increases taxes on domestic oil production. Plus, the BBC’s Catherine Byaruhanga reports from the South Sudan town of Renk as efforts to broker a peace deal in neighboring Sudan get underway. And, who are the business winners and losers of public holidays? The BBC’s Elizabeth Hotson reports from the UK, which has three such holidays this month.

Today’s jobs report came in stronger than expected, another sign that the labor market is staying tight despite the Federal Reserve’s best efforts. We talk to Christopher Low, chief economist at FHN Financial, about how that affects the central bank’s calculus going forward. Plus, CEOs from some of the biggest tech companies convened at the White House yesterday to discuss the future of artificial intelligence. And, a look at how the upcoming coronation of King Charles III comes against a completely different economic backdrop than his mother’s more than 70 years ago. 

The AI revolution is underway, and as with basically every new technology, businesses are finding ways to leverage it to boost worker productivity. We chat with Marketplace senior economics contributor Chris Farrell about the implications of a recent study that showed a marked increase in productivity among call center workers who used chatbots to interact with customers. And, some mid-sized banks in California and Arizona are seeing stock price jitters following the collapse of First Republic Bank — we look into what’s likely behind the volatility. 

From the BBC World Service: TikTok has admitted that two employees in China and two in the U.S. viewed Financial Times journalist Cristina Criddle’s user data from her personal account without knowledge or consent. The BBC spoke with Criddle about her experience. Plus, the first images have been released from a $5 billion project to upgrade weather forecasting supercomputers aimed at improving warnings of violent storms. And, as the Coronation of King Charles III approaches, new coins have started to circulate with his head on them.

The Federal Reserve rose rates yesterday, but could that have been the last we’ve seen of hikes for a while if the market is to be believed. We consult Diane Swonk, chief economist at KPMG, about what the future could hold based on what Fed Chair Jerome Powell said yesterday. Plus, tourism in China is looking to be back in full swing as the summer starts and the country’s economy continues to rebound from COVID lockdowns. And, the BBC’s Jonny Tickle reports on how an off-brand KFC in Russia compares to its American counterpart, which exited the country amid the war in Ukraine. 

Apple’s recent forray into financial services got even more extensive earlier this month when the tech giant announced it would offer high-yield savings accounts in partnership with Goldman Sachs. So far, it’s looked like a winning prospect for the iPhone maker, with reports from Forbes saying that the company saw over $1 billion in deposits in the first four days after launch. Plus, Fed policymakers are changing their tone on future rate hikes after yesterday’s quarter-point increase. And, how a lawmakers in California are looking to encourage more diversity in the entertainment industry. 

From the BBC World Service: Will the European Central Bank follow the Fed and raise interest rates for the EU? We ask Lena Komileva, from G+ Economics. Plus, the BBC’s Shingai Nyoka reports from Zimbabwe on former president Robert Mugabe’s family fortune after it was revealed in his daughter’s divorce papers. And, does Russia’s KFC copycat pass the taste test? BBC Moscow reporter Jonny Tickle has been to find out.

The Fed is expected to announce later today that it will continue its recent interest-rate-hiking trend, which comes amid a strong jobs report from the private payroll company ADP. We turn to Susan Schmidt, head of public equity at the State of Wisconsin Investment Fund, to break down what Jerome Powell and Co. could decide. Plus, the Fed’s inflation fight has hinged on raising rates to slow a tight labor market, and some signs like high-profile layoffs are pointing in that direction. And, we speak with Duke law professor Jennifer Jenkins about the court case playing out between Ed Sheeran and Marvin Gaye for alleged copyright infringement.