The DOJ has a plan for Google AI transcript and summary - episode of podcast Marketplace
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Episode: The DOJ has a plan for Google
Author: Marketplace
Duration: 00:27:05
Episode Shownotes
The Department of Justice has a proposal for breaking up Google: Force the firm to sell Chrome. In this episode, we’ll dig into why the DOJ wants the company to split from its web browser — the most popular one on the internet — and where AI fits into the
antitrust case. Plus: Signs that Florida’s property insurance market is stabilizing, supply chain management is the secret to an NGO’s success, and automakers experience EV growing pains in the U.S. and abroad.
Summary
In this episode, the Department of Justice proposes breaking up Google by forcing it to sell its Chrome web browser and imposing limits on Android to boost competition in search and AI technologies. Google argues that these measures threaten its AI investments and user privacy. The episode also highlights Natascha Reptil's insights on supply chain management in humanitarian efforts, the challenges faced by automakers like Ford in transitioning to electric vehicles amidst job cuts and market competition, and signs of stabilization in the Florida insurance market due to new tort reforms and improved insurer health.
Go to PodExtra AI's episode page (The DOJ has a plan for Google) to play and view complete AI-processed content: summary, mindmap, topics, takeaways, transcript, keywords and highlights.
Full Transcript
00:00:00 Speaker_07
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00:01:05 Speaker_19
How we feel about this economy matters, of course. What we know matters too. From American public media, this is Marketplace. In Los Angeles, I'm Conrad Rizal. It is Thursday. Today, this one is the 21st of November.
00:01:29 Speaker_19
Good as always to have you along, everybody. Let us stipulate here right at the outset that the vibes of this economy are real, because as we know, how people feel about their economic lives does matter.
00:01:44 Speaker_19
That said, a good dose of data every now and then can be really useful. Something a little more objective that might tell us where the economy is at present and sometimes a bit about where it's going.
00:01:56 Speaker_19
It's convenient, then, that we got just such a dose of data today.
00:01:59 Speaker_19
The Conference Board's leading economic index, sometimes called in the vernacular, the Index of Leading Economic Indicators, it crunches together 10 different forward-looking indicators to suss out what economic growth is going to look like in the short-term future.
00:02:14 Speaker_19
Last month, it turns out, the LEI was down by 0.4% after being down in September and August and all the way back to earlier this year. What? Might that portend, do you suppose?
00:02:27 Speaker_19
Marketplace's Mitchell Hartman is on the economic crystal ball gazing desk for us today.
00:02:33 Speaker_08
The leading economic index is designed to predict future growth. It uses data on manufacturing, home building, unemployment, interest rates, stock prices and consumer sentiment.
00:02:43 Speaker_08
Economist Stephanie Guichard at the conference board says LEI was down last month.
00:02:49 Speaker_01
And it has also been declining for almost three years now.
00:02:52 Speaker_08
So it's bad, but the declines are also slowing down.
00:02:56 Speaker_01
So this is a positive development. It means that there are still headwinds to economic growth, but less than a few months ago.
00:03:06 Speaker_08
And the LEI is no longer flashing warning signs of recession to come, which makes sense, says analyst Sam Stovall at CFRA Research.
00:03:15 Speaker_18
Looking at real gross domestic product, expected to be up 2.9 percent in 2024. 2.3 percent in 2025.
00:03:25 Speaker_08
Stovall says you can also look at the stock market, which I know isn't the economy, but is often a harbinger.
00:03:31 Speaker_18
The stock market is a good predictor of economic growth trends. Historically, the market has anticipated the economy by six to seven months.
00:03:44 Speaker_08
And the S&P 500 has been hitting record highs. Objectively speaking, the economy is doing very well, exceptionally well.
00:03:51 Speaker_08
Economist Mark Zandi at Moody's Analytics says the conference board's leading economic index may still be in the doldrums, but most everything else looks good, starting with the job market.
00:04:01 Speaker_09
Creating a lot of jobs, across lots of industries, unemployment's very low. Economists not long ago were thinking recession, right? I mean, not this go around.
00:04:10 Speaker_08
For any warning signs of recession, Zandi looks to unemployment claims.
00:04:15 Speaker_09
As long as they remain low, layoffs are low, consumers are going to continue to do their thing. So you look at the LEI, you think the world's going to fall into pieces. You look at the UI claims, you go, ah, no, that's not happening.
00:04:25 Speaker_08
Last week, jobless claims fell again to the lowest level in more than six months. I'm Mitchell Hartman for Marketplace. Gotta love an economist that says, meh.
00:04:35 Speaker_19
Wall Street as the week heads into the home stretch. Traders do seem to have gotten their mojo back. Just a bit. We'll have the details when we do the numbers. It's been brewing for days, but now it's official.
00:05:07 Speaker_19
The Department of Justice has given a federal judge its plan for breaking up Google. The DOJ wants to force the company to sell off its Chrome web browser.
00:05:16 Speaker_19
It wants limits on the Android mobile operating system, and the government's got thoughts on Google and artificial intelligence, too. Quoting here, justice wants the court to stop Google from manipulating the development and deployment
00:05:30 Speaker_19
of AI solutions and other technologies that provide the most likely long-term path for a new generation of search competitors. That is a mouthful, I know, which is why we asked Marketplace's Kelly Wells to unpack it for us.
00:05:43 Speaker_05
The DOJ's complaint about Google and A.I. is kind of all about the Chrome web browser, too. It is the most popular and it directs every search through Google's search engine. So does the second most popular web browser, Apple's Safari.
00:05:57 Speaker_12
That's a pretty tried and true monopoly strategy.
00:06:01 Speaker_05
Adam Epstein is CEO of the search advertising firm AdMarketplace. He says Google enjoys roughly 90 percent of search engine market share. The reason it's an A.I.
00:06:10 Speaker_05
problem is every time you look up the name of that one actor in that TV show or how to tie a double Windsor, you're making Google's A.I. program Gemini smarter.
00:06:21 Speaker_12
They can continue to improve their own search A.I. agent and keep searches away from their competitors.
00:06:27 Speaker_05
That's why the DOJ wants to limit Google's ability to manipulate AI development. Shourag Shah is a professor at University of Washington's Information School.
00:06:37 Speaker_14
Getting that kind of diffuse a little bit will at least give some competitors a fighting chance.
00:06:43 Speaker_05
Google called the DOJ's proposal a, quote, radical interventionist agenda in a statement. The company says it would chill its investment in AI and endanger user privacy. Shah is not convinced.
00:06:56 Speaker_14
In fact, there are a number of reasons to believe that it would be actually better for customers if Chrome were to be divested.
00:07:03 Speaker_05
Google has promised an alternative solution, and information management professor Thomas Davenport of Babson College thinks the company might have a point.
00:07:11 Speaker_17
And so it's unfair to Google, really impossible to expect them to do search without being able to use AI freely.
00:07:22 Speaker_05
And he says Google controls so much market share in part because people like it.
00:07:27 Speaker_17
There are a variety of other search engines, but people just don't really want to use them.
00:07:32 Speaker_05
Adam Epstein of AdMarketplace says he expects the DOJ effort will change the search market, and today's single-search-engine reality will feel quaint in a few years. I'm Kayleigh Wells for Marketplace.
00:08:04 Speaker_19
There's been no small number of crises across the world these past few years. There are, of course, the wars in Gaza and Ukraine. And there are things like hurricanes and earthquakes and wildfires.
00:08:14 Speaker_19
All of them disrupt the global economy to one degree or another. Supply chains are what I'm thinking of in particular here. First and foremost, though, of course, they are humanitarian crises.
00:08:25 Speaker_19
Organizations like Save the Children are on the front lines of those crises. And at the end of the day, Running that kind of nonprofit is also kind of like running a business. Yotis Herrepto is the president and CEO of Save the Children U.S.
00:08:39 Speaker_19
Thank you so much for coming into the studio. Thank you for having me. I want to start with you, actually. You come from corporate America, decades in corporate America. You're an econ finance person by education. How did you wind up in this field?
00:08:55 Speaker_03
Yes, I get asked that a lot. When I came out of grad school in Europe actually, I joined Unilever, a large multinational company, because I was very keen to actually get working abroad.
00:09:06 Speaker_03
And I figured if I join a large multinational, that will get me abroad, and indeed it did. Within five years I was in Asia. But I did think, you know, is there another way to use some of my skills to actually We have more direct impact on people.
00:09:22 Speaker_03
If you are working for large consumer packaged goods companies, you do try to make everyday products for everyday people all the time.
00:09:30 Speaker_19
So you sound just like a corporate person, I'm just gonna say.
00:09:33 Speaker_03
You do, you do. That also makes you very aware of there are scores of people who actually could not afford our products. So I'm like, okay, how do I make that my impact more direct? And then I got sort of lucky. I bumped into Save the Children.
00:09:49 Speaker_03
They said, oh, here's this. This is 12 years ago. We have this role. Would you like to join?
00:09:55 Speaker_19
And I went, well, let's give it a try. To give people a sense of scale, so you've been involved with Save the Children International for a long time. It's now you're running Save the Children U.S. Give us a sense of what it is that you do.
00:10:08 Speaker_19
What does your organization do?
00:10:10 Speaker_03
So Save the Children was founded over 100 years ago by this amazing woman, Eglantine Jebb, in the United Kingdom.
00:10:16 Speaker_03
And she was particularly aggravated about the fact that children in Germany and Austria were dying of starvation after World War I. We're talking 1919. We are now an organization that has over 25,000 colleagues across 115 countries.
00:10:35 Speaker_03
We have an annual spend budget of almost $3 billion. And it's, you know, we do emergency responses, whether they are earthquakes or conflict affected settings.
00:10:48 Speaker_03
But we also do long term education or livelihoods work across all kinds of countries, including here in the United States.
00:10:56 Speaker_19
The other thing that struck me as I was thinking about this interview, there's this great video of something it was that you all did, and I apologize for not remembering the specifics, but the number of times supply chain imagery came up in that video,
00:11:16 Speaker_19
Big cargo airplanes, trucks, passing goods hand to hand. The idea that so much of what you do depends on logistics and supply chains actually just sort of surprised me in a way that really shouldn't have been surprising, I suppose.
00:11:29 Speaker_03
Yeah, people always say to me, oh, is it very different from what you did before in the private sector? And I'm like, well, more things are the same.
00:11:36 Speaker_03
Getting stuff from A to B, on time, in full, with good quality, at optimal cost, is exactly what is required in this sector. I think over the years, we've really professionalized that area of our work, right?
00:11:54 Speaker_03
When I joined now, you know, over 12 years ago, I would say we were definitely less organized and less structured, and we had fewer systems than a large multinational consumer packaged goods company would have. And it's hard, right?
00:12:08 Speaker_03
When you're an NGO, you always have to make trade-offs. Where do we spend our money? Does it go to children now? Oh, no, we do need a supply chain system. But now I'm very proud, I think, of our supply chain infrastructure. We have over 300 warehouses.
00:12:22 Speaker_03
We procure half a billion dollars every year from blankets and backpacks and food to medicine and whatever else is needed to help children in emergencies.
00:12:34 Speaker_19
And it occurs to me you're doing it under the most horrible of conditions, not just hurricanes here in the United States, but Gaza, Ukraine, right?
00:12:42 Speaker_03
Yeah, I always say to my, you know, old private sector people, I mean, to do your supply chain under art, that you ain't seen nothing yet, exactly. That takes a level of determination and creativity that is quite something else.
00:12:56 Speaker_19
I think you said somewhere, or it was said about the work that your organization does, there are more children now in need who are in war zones or disaster areas than there have been in generations.
00:13:07 Speaker_03
Yeah, than probably certainly since World War II, absolutely.
00:13:10 Speaker_19
Yeah. What do you do with that? This is your job. What do you do with that?
00:13:15 Speaker_03
You, first of all, you accept that you cannot help every child everywhere all the time.
00:13:20 Speaker_19
Oh, man.
00:13:20 Speaker_03
You have to accept it. Otherwise, you can't.
00:13:23 Speaker_19
That's quite the leap to have to make.
00:13:24 Speaker_03
You have to make that leap. And sometimes we also have to extract ourselves out of areas because there's not sustainable funding, for instance. And if you can't do it well, it's better not to do it.
00:13:36 Speaker_03
Right, which is a hard thing to do in this sector, because people think, well, do something. And we're like, yeah, but something, if you can't sustain it, you're sometimes doing more harm.
00:13:47 Speaker_19
Worst to go in and give false hope.
00:13:48 Speaker_03
Yes. False hope and also do it badly.
00:13:50 Speaker_03
Because if you do it and you start to make shortcuts on the safety with which you do it, the safety and security for your staff and colleagues, but also for the children that you serve, then you're better off not doing it.
00:14:02 Speaker_03
But still, it's sometimes hard to say, we would like to do this, but we can only do half of it.
00:14:06 Speaker_19
How do you know that what you do is working? This is the metrics problem, right? How do you measure your success?
00:14:13 Speaker_03
And again, there it is sometimes different from the private sector where I knew every day what we sold, what consumers thought, you know, if they don't like your product, they walk away.
00:14:22 Speaker_03
And sadly, sometimes I wish the people that we help could walk away if we weren't good enough. But they sadly don't have that choice, right?
00:14:29 Speaker_03
So we have to internally be much better at wanting to deliver the best possible product or service at the best possible cost.
00:14:38 Speaker_19
But it does kind of ring hollow to have the metric be, we delivered, you know, 14,000 meals today to Rafa, right? Yes, it's important.
00:14:46 Speaker_03
Yeah, you can count it, but it's not necessarily what counts. No, no, exactly. And we have to live with that. So sometimes we say, okay, what can we count that does matter, right? And there are always things that you can do to understand it.
00:14:59 Speaker_03
How many kids benefited from this education program? And in certain cases, you can absolutely test them, right? We test baselines. What are they like going in? What are they like going out? And is there significant difference?
00:15:11 Speaker_03
But sometimes it's harder, right? If you stop early child marriage,
00:15:16 Speaker_03
in a country which impacts 12 million girls every year, they get married off in the age of 15, because their parents see no other option, because of poverty, because of safety, because of cultural norms, etc.
00:15:29 Speaker_03
If you find a way to stop it, that we can measure then how many girls are not married off early, it does have a huge knock-on effect, but you have to sort of use some proxies in order to get there.
00:15:44 Speaker_19
You are, sadly, in a business, the need for which will never go away.
00:15:49 Speaker_03
No, and sadly, it's actually a growth market as we speak, which I wish I wouldn't have to say, but that is certainly the case.
00:15:55 Speaker_19
Natascha Reptil, at Save the Children US. Thank you for coming in.
00:15:59 Speaker_03
Thank you for having me.
00:16:27 Speaker_19
Coming up.
00:16:28 Speaker_04
You had new properties, you had a lot of new roofs, which withstand winds a lot better than older roofs.
00:16:35 Speaker_19
Bad news becomes good news sometimes. First though, let's do the numbers. Dow Industrial is up 461 points today, 1.1% on the blue chips, closed at 43,870 they did. The NASDAQ gained 6 points, less than a tenth percent, 18,972.
00:16:47 Speaker_19
The S&P 500 jumped 31 points, about a half percent. 59 and 48 big banks were a big part of the rally today JPMorgan Chase ascended 1.6 percent u.s.
00:17:06 Speaker_19
Bank Corp grew 1 and 3 tenths percent Citigroup added 1% Wells Fargo increased about 1.7 percent today Bitcoin BTC traded around $98,000 per today That is nonetheless, or nevertheless, rather, another record high.
00:17:24 Speaker_19
The value of Bitcoin has been on the rise since election day, as you might have seen, on hopes for a cryptocurrency-friendly approach from the incoming administration. Mortgage levels have climbed back to levels seen last in July.
00:17:35 Speaker_19
The average rate for 30-year fixed is now 6.84%. That's up from 6.78% last week. Seems like a lot of decimal points, but every decimal point counts in a mortgage. Bonds down, yield on the 10-year T-note rose 4.42%. You're listening to Marketplace.
00:17:52 Speaker_07
Dell Technologies' Cyber Monday event is live, and if you've been waiting for an AI-ready PC, this is their biggest sale of the year. Tech enthusiasts love this sale because it's all the newest hits, plus all the greatest hits, all on sale at once.
00:18:06 Speaker_07
Savings on Dell Technologies' most popular PCs that accelerate AI with Intel Core Ultra processors are here, like the XPS 16.
00:18:15 Speaker_07
So, if you're ready to step up all the things you like to do, streaming, surfing, multitasking, whatever, Dell Technologies' AI-ready PCs are the perfect upgrade.
00:18:25 Speaker_07
And for the best of Intel Core Ultra processors, look for Intel Evo Edition laptops, engineered to do it all. Just visit dell.com slash deals.
00:18:35 Speaker_07
Whether you're treating yourself or thinking of others, these Cyber Monday prices were worth the wait, but it's only here for a limited time. Shop now at dell.com slash deals.
00:18:48 Speaker_15
There are over 1.5 million nonprofit organizations in the U.S. and millions more around the world. How do you know which ones can make the biggest impact with your donation? GiveWell was founded to help donors with that exact question.
00:19:01 Speaker_15
They pour over independent studies and charity data to help donors direct their funds to evidence-backed organizations that are saving and improving lives. GiveWell wants as many donors as possible to make informed decisions about high-impact giving.
00:19:16 Speaker_15
You can find all their research and recommendations on their site for free. You can make tax-deductible donations to their recommended funds and charities, and GiveWell doesn't take a cut.
00:19:27 Speaker_15
If you've never used GiveWell to donate, you can have your donation match up to $100 before the end of the year or as long as matching funds last. To claim your match, go to givewell.org and pick podcasts and enter Marketplace at the checkout.
00:19:42 Speaker_15
Make sure they know that you heard about GiveWell from Marketplace to get your donation matched. Again, that's givewell.org to donate or find out more.
00:19:51 Speaker_07
Listen up, folks. Time could be running out to lock in a historic yield at public.com. But you can lock in a 6% or higher yield with a bond account. But here's the thing.
00:20:01 Speaker_07
The Federal Reserve just announced a big rate cut, and the plan is for more rate cuts this year and in 2025 as well. That's good news if you're looking to buy a home, but it might not be so good for the interest you earn on your cash.
00:20:13 Speaker_07
So, if you want to lock in a 6% or higher yield with a diversified portfolio of high-yield and investment-grade bonds, you might want to act fast. The good news? It only takes a couple of minutes to sign up at public.com.
00:20:27 Speaker_07
And once you lock in your yield, you can earn regular interest payments even as rates decline. Lock in a 6% or higher yield with a bond account at public.com forward slash marketplace. But hurry, your yield is not locked in until you invest.
00:20:57 Speaker_19
This is Marketplace. I'm Kyle Risdoll. Ford said this week it's going to cut 4,000 jobs from its European workforce, most of them in Germany and the UK.
00:21:07 Speaker_19
In Europe, the company said it's been losing money on passenger cars, increased competition, as well as the shift to electric vehicles, which Ford called highly disruptive, or the proximate cause.
00:21:19 Speaker_19
Marketplace's Stephanie Hughes has more on the growing pains in the EV market.
00:21:23 Speaker_21
One big problem for EV makers who sell cars in Europe started about a year ago, when the German government, in a surprise move, ended an electric vehicle subsidy program, says Tom Narayan, an auto analyst at RBC Capital Markets.
00:21:36 Speaker_20
Since then, in Germany, EV sales have been quite sluggish.
00:21:41 Speaker_21
There's since been a big push by automakers, including Ford, to bring an incentive back. Meanwhile, automakers in Europe are motivated to sell EVs to meet a new continental emissions standard, or else they could face big fines.
00:21:53 Speaker_21
Also, says Talis Blalack, an electrified roadways consultant, carmakers have more competition.
00:21:59 Speaker_16
with the much cheaper Chinese imports, especially in the United Kingdom where they don't have large automakers themselves. They don't have any tariffs.
00:22:09 Speaker_21
Here in the U.S., the challenges are a bit different. Blaylock says there's been a lot of focus on the high-end electric car market, but now pretty much everyone who wants a fancy EV has one.
00:22:21 Speaker_16
So we need to have lower cost vehicles so that the average person that wants a new car looks at an EV and says, it makes economic sense for me to buy that vehicle.
00:22:34 Speaker_21
Another challenge stateside, says RBC's Tom Narayan, we like big cars like SUVs and pickups.
00:22:40 Speaker_20
very expensive because you need an enormous battery. These are heavier cars.
00:22:45 Speaker_21
American consumers also don't always know when and where they'll charge an EV. Elisa Freeman lives in a suburb of Baltimore. She affectionately calls her current car a spunky old Hyundai hatchback.
00:22:56 Speaker_21
It's been loved, and she's thinking about moving on to an EV. But she doesn't know exactly where she'd plug it in.
00:23:02 Speaker_02
I live in a town home. And I would have to put a cord across the sidewalk, which I don't even know if it's legal or not. So I'm looking into that.
00:23:09 Speaker_21
Freeman says she's also just used to gas-powered cars. She's been driving them for 30 years. She knows how much the repairs will cost. And an EV is a whole spunky new beast to learn all about. I'm Stephanie Hughes for Marketplace.
00:23:40 Speaker_19
Hurricane Helene made landfall on Florida's Gulf Coast just shy of two months ago. Milton followed not even two weeks later. The storm killed nearly 250 people across six states.
00:23:51 Speaker_19
Damage runs into the very high tens of billions of dollars, if not more, some as yet undetermined percentage of which was insured, some not.
00:24:02 Speaker_19
In Florida, where the insurance market is already kind of fragile, those storms are going to pose a real test, as Marketplace's Amy Scott reports.
00:24:09 Speaker_06
Back in the summer of 2022, here's how insurance industry spokesman Mark Friedlander described the Florida market for our podcast, How We Survive. It's hanging on a shoestring right now.
00:24:23 Speaker_06
Friedlander is with the Insurance Information Institute, an industry-funded research group. That year, several Florida insurers had gone bust. Others were pulling out of the state.
00:24:36 Speaker_06
And that was before Hurricane Ian caused about $60 billion in insured losses. So it was a little surprising when I checked in with Freelander again recently, after back-to-back hurricanes Helene and Milton hit the state.
00:24:52 Speaker_10
According to our analysis here at the Institute, the Florida market is in its best financial position in nearly a decade. What now? It is incredible. Absolutely incredible what's happened.
00:25:05 Speaker_06
So what did happen? Friedlander credits tort reform, new state laws that made it harder to sue insurance companies for denied claims. Insurers have blamed excessive litigation for driving up costs.
00:25:20 Speaker_06
Meanwhile, the inflation that added to rebuilding costs has cooled. And after years of raising premiums, Friedlander says insurance companies are in better financial shape to absorb claims.
00:25:33 Speaker_06
This year, he says, companies have filed for an average rate increase of less than 1 percent.
00:25:39 Speaker_10
That is a clear sign of a market that is stabilizing. And then on top of all this, we have nine new companies that have come to Florida this year.
00:25:49 Speaker_06
As devastating as Hurricane Helene was elsewhere, catastrophe modeler Karen Clark estimates insured losses were around $2 billion in Florida, and she now expects claims from Milton will be lower than her company's initial estimate of $36 billion, partly because Milton hit areas that had recently rebuilt after Hurricane Ian.
00:26:13 Speaker_04
You had new properties, you had a lot of new roofs, which withstand winds a lot better than older roofs.
00:26:20 Speaker_06
She says homeowners weary from rising insurance costs may also be hesitant to file small claims.
00:26:27 Speaker_04
Because they don't want their premiums to go up. So the insured loss is going to be well manageable for Florida insurers.
00:26:37 Speaker_06
But better shape doesn't mean good shape. Chuck Nice is a professor of risk management and insurance at Florida State University.
00:26:46 Speaker_00
I don't think people realize how close we were to a collapse of the private market in Florida. We are a much stronger footing today. However, it's still not where I believe it needs to be.
00:26:59 Speaker_06
As large private companies like Farmers Insurance and Allstate have either left Florida or reduced their coverage, NYSE says citizens, the state-backed insurer of Last Resort, has taken on more risk.
00:27:13 Speaker_06
Martin Weiss grades the financial health of insurance companies at Weiss Ratings. Of the 100 or so companies operating in Florida, more than half have ratings of C or lower.
00:27:25 Speaker_06
And Weiss is concerned about how often insurers are rejecting insurance claims. Last year, citizens denied just over half of claims. State Farm denied 47 percent.
00:27:37 Speaker_13
Insurance companies have been denying homeowners claims with no payment whatsoever at very high levels.
00:27:45 Speaker_06
Insurers say they're often turning down flood damage, which isn't covered by traditional homeowners policies. But Weiss says those tort reforms the industry pushed for have made it harder for homeowners to dispute those denials.
00:28:00 Speaker_06
I'm Amy Scott for Marketplace.
00:28:23 Speaker_19
this final note on the way out today in which triple a joins the evie bandwagon you know uh... every now and then i do gas prices in this spot on the program useful anik data i think just to give you a sense that all comes from triple a their website which until today was labeled gas prices
00:28:42 Speaker_19
Well, as EV penetration keeps gathering steam in this economy, there has been a rebrand. AAA now calls it fuel prices, and you will be able to find statewide average per kilowatt hour costs to charge your EV.
00:28:56 Speaker_19
34.7 cents is a nationwide average, should you be curious, per kilowatt hour. Gas, because I know more of you are curious about gas than EV charging, $3.06 a gallon, the national average.
00:29:08 Speaker_19
John Buckley, John Gordon, Noya Karr, Dianth Parker, Amanda Peacher, and Stephanie Sieck are the Marketplace Editing staff. Amir Bebawe is the Managing Editor, and I'm Kyle Risdahl. We will see you tomorrow, everybody.
00:29:31 Speaker_11
This is APM. I'm Sasha Pawlikow-Suransky, deputy editor at Foreign Policy. And in my new show, I bring together diplomats, journalists, academics and activists from across the globe. I think it's an act of war. Lots of countries go to war.
00:29:47 Speaker_11
And give them the chance to debate serious issues that really get to the heart of the world's biggest dilemmas. That's not true. That's not true. Look, diplomacy has been going on.
00:29:55 Speaker_11
That's CounterPoint, a new podcast from Foreign Policy in partnership with the Doha Forum. Available now wherever you get your podcasts.