Marketplace

That's the word(s) of the day according to the Federal Reserve, which released the minutes from its last meeting this afternoon. Along with that momentum, the Fed said the initial bump the economy's gonna get from the tax cuts might be bigger than originally expected. The White House released its own economic report too, and we'll start off the show by explaining it all. Then, the latest on Twitter and Facebook's fight against bots. Plus: We're back in Erie for our series The Big Promise.

It's not often we take you deep into the underbelly of the American bond market, but today's your lucky day. The federal government kicked off a big couple of days in the Treasury market this morning. It sold almost $180 billion worth of short-term bonds, and in all there will be just over a quarter trillion dollars in new government debt by the end of the week, four billion more than the government raised in the same offering last month. That's where we're starting today, with a glimpse into the economic future. Then: PayPal and Square banned gun sales from their services years ago. Would credit cards ever do the same? What about banks? Plus, another trip to Erie for our series The Big Promise.

A couple of weeks ago on this show, we told you about some of the funding and resources available for mass shooting victims to help with their short-term recovery. Today, we consider what life and work is like five, or even ten years after surviving a high-profile shooting. Two survivors of a mass shooting describe long term recovery. Also on today's show, we continue with our project called "Divided Decade," as we hear stories of how people's lives changed since the financial crisis ten years ago. And, of course, we talk "Black Panther." The movie was obviously a big success this weekend, but did you know that the soundtrack is too? "Black Panther: The Album" debuted at No.1 on the billboard charts. We do the numbers on how that happened.

Things turned out a little differently though. That's how we'll start today's episode, reflecting on the week in deficits, inflation and immigration. Then we examine the growing trend of online retailers expanding to brick-and-mortar stores. Amazon's doing it, and now Warby Parker announced plans to bring its number of stores to about 100 by the end of the year. Plus, what you need to know about esports.

What's that saying? You can't manage it if you don't measure it? Everybody's got their own answer about how to stop mass shootings, but nobody has substantive data. That's because there's effectively a ban on spending federal money for research on gun violence. Then: We know the National Rifle Association spends big on lobbying, but thinking of the NRA as just a Washington powerhouse lobbyist obscures its actual impact in this economy. Plus, what you need to know about Google's new ad blocker.

We hate days like this, when there's been a shooting in a school or at a concert. There's no economic angle right after a tragedy like this. It's not our story, but we can't ignore it. So we're gonna acknowledge it, trust that you've had your fill of it elsewhere and turn to our news of the day. It came this morning with a much-anticipated but kind of underwhelming report on inflation. It's up a bit, but nowhere near as drastic as we'd all expected it to be. Nevertheless, it's one more data point for policymakers to consider as they figure out how to steer this economy. As it happens, we have one of those policymakers on the show today: Robert Kaplan, president of the Dallas Fed. Plus, the cost of uncertainty at the White House and Netflix's latest big moves. 

We'll get the latest monthly inflation numbers tomorrow morning, before the bell, and as we saw last week, markets are a little skittish. The thing about the Consumer Price Index is we can measure it pretty well, but predicting it is a lot harder. Then, we'll look ahead to the Fed and bond markets, and how interest rates could be affected by inflation. Plus: What we can learn from Facebook's "Two Years of Hell."

The fiscal year 2019 budget the White House released today isn't what you might call an "operative" piece of fiscal policy. Congress hammered out a two-year spending plan just last week, after all. But the budget is still worth a read for some of the assumptions the Trump administration's making — like a decade of economic growth at 3 percent or more. We'll start the show by unpacking that and the White House's new infrastructure plan, and the math issues therein. Plus: Purdue Pharma, which makes the blockbuster opioid painkiller OxyContin, said it'll no longer send sales reps to doctors to sell them on opioids. For a drug company known for its aggressive marketing, that's a big deal. Our podcast The Uncertain Hour has been investigating Purdue and the regulatory roots of the opioid epidemic, and producer Caitlin Esch is back to talk us through the news.

What a week, right? Huge market swings, a correction and, oh yeah, a baby government shutdown. Is this the new normal? That's what we're sorting through in the conversation that kicks off today's show. Now let's be clear: We're in a correction, there's no reason to get all jittery and do something crazy with your retirement savings. That said, it's understandable that people's calculations have changed in the decade since the financial crisis. Plus, revisiting "Dan and Dave," perhaps the most famous Olympic ad campaign of all time.

Another down, volatile day on Wall Street. The Dow closed down more than 1,000 points, and major indices are down about 10 percent from a couple weeks ago, putting U.S. markets square in correction territory. That's where we'll start today's show. Then we visit a small city in Arkansas trying to regulate the smell it says is coming from a local meat-rendering plant, and finding out there's not much it can do. Plus: Millennials aren't killing business cards, just making them weirder.

As we tape this, one congressional chamber has come to an agreement about how to run the American economy, at least in part. The two-year budget deal would mean we wouldn't have to worry about shutdowns or short-term funding bills until the middle of 2019, but it still has to pass the House and be signed by President Donald Trump. We'll start today's show with the latest. Then: Farming used to be a much bigger part of prison labor, but thousands of this country's more than 2 million inmates still grow vegetables or feed crops for sale on the outside. We'll take you to a Montana prison ranch where inmates get job training, build life skills and raise cows. Plus: a visit to the heart of "Brotopia."

How are we doing today? Everyone feeling a little better? With clearer eyes and some of yesterday's dive recovered, let's take a closer look at what's going on in the stock market. We'll talk about algorithmic trading, bonds and the international market. Plus, don't forget there's a whole other storm brewing: We're two days from another potential government shutdown.

It's the Dow's biggest single-day point drop on record. We're starting off today's show with some context: What we know, what we don't and how serious to take it. Then: If you've ever had Wonderful Pistachios, POM pomegranate juice or Halo mandarin oranges, you're familiar with The Wonderful Company, which operates one of the largest farms in the world. Despite record droughts in California, it actually increased yields. Plus: Economic theory says the Eagles' first Super Bowl win last night was more valuable than what would have been the Patriots' sixth. We'll talk about why.

You hear us say it all the time: The stock market is not the economy. That's especially true today, as the Dow took a steep dive just after a really great jobs report. We'll talk about it on the Weekly Wrap. Then: We're gonna dig into wages, because the 2.9 percent growth we saw last month was a big deal after years of stagnation. Plus: When you watch the Super Bowl this weekend, take a look at the owners boxes: full of white guys, like nearly every team in the NFL. But why?

With all the drama in Washington these days, you may have missed another deadline looming soon: the federal debt limit. While the government shutdown a couple of weeks ago was about Congress failing to approve new money to pay for government services, the debt ceiling limits how much the Treasury can borrow to pay what we already owe. Thanks to the new tax law, we might hit that ceiling a little sooner than expected. Plus, we'll bring you the latest from Facebook and an excerpt from our podcast The Uncertain Hour.