Blink and you’d miss it — gas prices cooled earlier this summer as the Iran war reached a ceasefire, but the national average is back up to $4 a gallon, according to AAA. In this episode, will U.S.-Iran negotiations drive fuel prices even higher? Plus: Starter home supply eases in some parts of the country, regional bank earnings reveal what’s going on in the consumer economy, and Kai discusses changes to the Fed under Chair Kevin Warsh. Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter. Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future. Read the stories in today’s episode: Gas prices hit $4 a gallon again Regional bank earnings will tell us a lot about the health of the economy All engines go as U.S. shipping speeds up Starter home supply is starting to pick up, particularly in the South For this Texas park worker, home is about the location — not the house

The four dollar threshold

Marketplace

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[SPEAKER_C] Okay, new game: What is Kevin Warsh thinking? But this time, you've got 4.5 minutes to figure it out. From American Public Media, this is Marketplace. In Los Angeles, I'm Kai Ryssdal. It is Monday today, the 20th of July. Good as it always is to have you along, everybody. There is the war, of course, and its attendant economic trickle-down. There are consumers in this economy because we get a vote on what happens to There's business sentiment and a zillion other things that are going to affect which way this economy goes in the short and medium term. But way up high on that list is what Federal Reserve Chairman Kevin Warsh is thinking. It is early days yet in the Warsh era, but even after his testimony last week on Capitol Hill, it is tricky to figure out exactly what he is thinking. So we've called Wendy Edelberg. She's a senior fellow at the Brookings Institution, also one of our go-tos for all things big picture. Wendy, it's great to have you back.

[SPEAKER_D] Nice to be back. All right.

The four dollar threshold

Read the full transcript

The candid version is on a podcast,
not the earnings call.

The four dollar threshold

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.