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Marketplace Host
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Sabri Benishour
A new kind of lockdown from Marketplace I'm Sabri Benishore in for David Brancaccio. First, a divided Federal Reserve did indeed cut interest rates yesterday, but what it does at its next meeting in January is anybody's guess as Marketplaces. Nancy Marshall Genzer reports the Fed voted.
Nancy Marshall Genzer
9 to 3 to cut interest rates by a quarter percentage point. The central bank cited a softening labor market. The lower rates are meant to encourage businesses to borrow money and hire more workers. But Fed Chair Jerome Powell says the Fed's next move is not a foregone conclusion.
Marketplace Host
We're well positioned to wait and see.
Daniel Ackerman
How the economy evolves from here, powell says.
Nancy Marshall Genzer
Upcoming government data will factor into the Fed's coming decisions. That data is late and in some cases incomplete because of the government shutdown, though November jobs and inflation reports won't be issued until later this month. I'm Nancy Marshall genser for for Marketplace.
Sabri Benishour
27% of people admit to stealing at self checkout kiosks. That's according to a survey from LendingTree that is up from 15% just two years ago. Daniel Ackerman looked into why Self Checkout Theft is on the Rise yes, the.
Daniel Ackerman
Machines are finicky, but most Americans say they like self checkout, and not just.
Craig Leclair
Because they can walk through without paying.
Daniel Ackerman
Matt Schultz is chief consumer finance analyst with LendingTree.
Craig Leclair
They like it because it's fast. They like it because it's convenient.
Daniel Ackerman
For respondents who did admit to stealing, the top reason cited is that things are just unaffordable these days.
Craig Leclair
We're not talking about people going through the checkout counter with a diamond necklace and a Nintendo Switch. It's much more likely to be a loaf of bread, a gallon of milk.
Daniel Ackerman
Other consumers steal because they're fed up with user unfriendly machines, says Craig leclair, an automation analyst with Forrester.
Marketplace Host
You know you would see an 80 year old woman trying to read a four point font on an avocado trying to figure out how to scan it, he says.
Daniel Ackerman
Retailers are investing in improving those machines with AI. Better computer vision, for example, could mean no more fumbling for barcodes. Plus, leclair says they could one day have some semblance of a real conversation.
Marketplace Host
They'll be able to answer questions to the consumer as they're checking out. You know, did you find everything you need? You'll get a much better customer experience.
Daniel Ackerman
Retailers hope that will make shoppers less likely to steal, says leclair, even if price levels remain high. I'm Daniel Ackerman for Marketplace and the.
Sabri Benishour
Trump administration's gold card immigration program is now live. U.S. visas are available starting at a mere million dollars per person, 2 million for corporations. That's in addition to a Department of Homeland Security processing fee of just $15,000. That is the gold Card. A platinum card is coming soon. That one includes tax breaks for immigrants working.
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Craig Leclair
This podcast is supported by Odoo. Some say Odoo business management software is like fertilizer for businesses because the simple, efficient software promotes growth. Others say Odoo is like a magic beanstalk because it scales with you and is magically affordable. And some describe Odoo's programs for manufacturing, accounting, and more as building blocks for creating a custom software suite. So Odoo is fertilizer Magic Beanstalk building blocks for business Odoo exactly what businesses need. Sign up@odoo.com that's o d o o.com.
Sabri Benishour
The lockdowns of the COVID 19 pandemic are an unpleasant memory for a lot of people. But today there are people across the country experiencing a kind of lockdown. Again, they're afraid to leave their homes to work or to shop. We are talking about Latino immigrant families who are living under economic conditions that feel a lot like they did during the pandemic. Marketplace's Elizabeth Troval has this story in her occasional series about immigration policy changes and the American workforce called Help Not Wanted.
Elizabeth Troval
For a lot of people, the pandemic was an economic low point. For Fidel, the LA immigration raids are worse.
He's in his 50s and came to the US from Mexico a few decades ago. He asked not to use his real name due to immigration concerns. For years, he made a living cleaning cars, working six days, 48 hours a week.
Then, in June, immigration raids targeted car wash workers. Now, he says, it's much harder to get work if you don't have immigration papers. He's lucky if he gets an hour a week.
He was out of work during the pandemic about six weeks this time. It's been six months without a steady paycheck. He barely leaves the house and is scraping by to pay his rent, meds, food. He's eating just two small meals a day.
He says. You have to choose, live on the street or go without food. And Fidel isn't hopeful. His economy is getting better soon.
Community Organizer / Interviewee
Yesterday was definitely a horrible day.
Elizabeth Troval
Flor Melendrez is an organizer with Clean Carwash, a worker center in LA.
Community Organizer / Interviewee
We had two car washes be rated one where they took one person that was a US citizen and another one where they took six workers.
Elizabeth Troval
Her group has tracked at least 350 LA car wash workers who have been detained by ICE. She sees pandemic parallels People are afraid to leave their homes, and as a labor organization, they're pivoting again.
Community Organizer / Interviewee
I think now through Covid and through the rates, we have definitely grew into an area that we weren't expecting to, which is like Direct Services, helping our communities to connect to food banks, helping them connect with attorneys.
Elizabeth Troval
Food banks are pivoting, too. Mitzi Baum is CEO of Nourishing Hope, which operates in Chicago. Many of our neighbors stopped going to work for fear of just being pulled over due to the color of their skin. They were afraid to either come to one of our food pantries, get in their vehicle and do our online market. Nourishing Hope expanded its food delivery to nearly 200 additional families that are sheltering in place because of immigration raids. And Baum says it's a lot of the same people needing help as during the pandemic, like Uber drivers, restaurant workers, so many of those. The service industry has been impacted again. And Texas SEIU President Elsa Flores says it's not just that families are hurting. They're also not spending. It's keeping their money saved. It's not spending, not purchasing a car.
Nancy Marshall Genzer
Because why would they purchase a car.
Elizabeth Troval
That they may have to leave behind? She says raids create uncertainty, and uncertainty makes consumers cautious. I'm Elizabeth Trovall for Marketplace, and in.
Sabri Benishour
New York, I'm Sabri Benishour with the Marketplace Morning Report.
From APM American Public Media.
Million Bazillion Narrator
Sometimes kids ask questions that reveal just how much adults still need to learn, like can you explain what causes an economic bubble? And why are things so expensive at the airport? Or how much national debt might be too much? Fear not. Million Bazillion is back with a new season to help you and your kids become pros at understanding how money shapes the answers to all those questions and more. Listen to the latest season of Million Bazillion on your favorite podcast, Apple.
Date: December 11, 2025
Host: Sabri Benishour (in for David Brancaccio)
Featured Reporters: Nancy Marshall Genzer, Daniel Ackerman, Elizabeth Troval
This episode explores three key economic stories shaping the day. First, it covers the Federal Reserve’s latest interest rate cut and the uncertainties ahead. Next, it investigates the concerning rise in self-checkout theft. The episode culminates in an in-depth look at the hardships faced by Latino immigrant families in LA amid a new wave of workplace ICE raids, drawing poignant parallels with COVID-era lockdowns and spotlighting their cascading economic effects.
Reported by Nancy Marshall Genzer (01:44–02:22)
Reported by Daniel Ackerman (02:22–03:51)
Reported by Elizabeth Troval (06:05–09:41)
This episode captures how government policy, economic shifts, and technological change are tangibly shaping day-to-day realities for Americans, especially the most vulnerable.