Apr 29, 2022

Oil producers’ megaprofits stir up calls for windfall tax

Patrick T. Fallon/AFP via Getty Images

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.

When pressed about fighting inflation, survey participants say they want to hold the line on prices for essentials, says Eric Plutzer of the McCourtney Institute for Democracy. But "those policies require the Congress and the president to work together."

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

Maria Hollenhorst Producer II

Andie Corban Producer I

Sean McHenry Director & Associate Producer II

Richard Cunningham Associate Producer I

Dylan Miettinen Associate Digital Producer

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