Apr 23, 2021

The stock market is … an idiot

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News that the Biden administration wants to jack up the capital gains tax rate spooked markets yesterday. Also on today's show: Olympic gymnast Simone Biles is leaving Nike for a smaller athletic brand and the president says tackling climate change will create jobs.

Segments From this episode

The Weekly Wrap: Are we focusing on inflation too much?

"Marketplace" host Kai Ryssdal discusses the Biden capital gains tax and U.S. global economic engagement with Jeanna Smialek of the New York Times and Sudeep Reddy of Politico, for the Weekly Wrap.

Facing bidding wars, more homebuyers are waiving contingencies

Apr 23, 2021
Contingencies allow buyers, under certain conditions, to renegotiate or even back out of a deal without losing money.
Buyer protections are often discarded in the current seller's market, which could squeeze out people who can’t afford a lot of risk.
Drew Angerer/Getty Images

Gymnast Simone Biles leaves Nike for Athleta

Apr 23, 2021
The Olympic gold medalist's move to the smaller activewear company focused on women may be a sign of new standards for sponsorships.
Athleta provides a platform that aligns with Simone Biles' priorities, like advocating for women in sports.
Laurence Griffiths/Getty Images

Biden's pitch: tackling climate change will create lots of jobs

Apr 23, 2021
But will it create them where oil and coal jobs have been lost?
"A solar job being created in California does not replace a coal economy job in eastern Kentucky," said one expert.
Peter Macdiarmid/Getty Images

Music from the episode

Teenage Birdsong Four Tet
House Common Market
Bustling Freddie Joachim
Glowing Light Richard Houghten
Don't Sweat the Technique Eric B & Rakim

The team

Nancy Farghalli Executive Producer
Bridget Bodnar Producer
Daisy Palacios Producer
Sean McHenry Associate Producer
Maria Hollenhorst Associate Producer