Apr 29, 2022

Oil producers’ megaprofits stir up calls for windfall tax

Plus: The inflation gauge favored by the Federal Reserve and how Brits are pushing back against lawsuits aimed at oligarchs' critics.

Segments From this episode

The Weekly Wrap

Marketplace host Kai Ryssdal speaks with Politico’s Kate Davidson and Insider’s Linette Lopez about the personal consumption expenditures Index, jobs and inflation for the Weekly Wrap.

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New data shows companies are spending more on workers

by Mitchell Hartman

Apr 29, 2022

Wages are rising and benefits are getting better. Trouble is, inflation is outpacing pay.

Creative/ Getty Images

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Rising oil prices fuel a windfall for the industry

by Matt Levin

Apr 29, 2022

Outsize profits and stock buybacks are inviting more scrutiny from policymakers and environmental advocates.

Exxon Mobil reported quarterly profits of $5.5 billion and plans significant stock buybacks. Above, prices at a Southern California gas station in 2008.

David McNew/Getty Images

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When it comes to inflation measures, the Federal Reserve prefers the PCE

by Kai Ryssdal and Sean McHenry

Apr 29, 2022

For monetary officials, the personal consumption expenditures gauge beats the CPI. A trip to the grocery store helps explain why.

The personal consumption expenditures price index captures purchasing behavior better than the consumer price index, according to economists.

Frederic J. Brown/AFP via Getty Images

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Brits push back against SLAPP lawsuits that "gag" critics of oligarchs

by Stephen Beard

Apr 29, 2022

The U.K. government has promised to act against the suits that allow wealthy litigants to abuse libel law and deter reporting on their finances.

The U.K. government has promised to take action against SLAPPs, lawsuits that often target journalists, authors and campaign groups.

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Music from the episode

Crazy In Love (feat. Jay-Z) Beyoncé, JAY-Z

Doo Wop (That Thing) Ms. Lauryn Hill

Sky's the Limit (feat. 112) - 2014 Remaster The Notorious B.I.G., 112

So Far to Go J Dilla, Common, D'Angelo

Summer Madness - Exclusive Cover Version Khruangbin

When I Be On Tha Mic Rakim

The team

Nancy Farghalli Executive Producer

Daisy Palacios Senior Producer

Maria Hollenhorst Producer

Sean McHenry Associate Producer

Andie Corban Associate Producer

Richard Cunningham Associate Producer

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