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Marketplace Morning Report

Marketplace

The Shift to Digital Gaming

From 250 years of the American economyJul 3, 2026

Excerpt from Marketplace Morning Report

250 years of the American economyJul 3, 2026 — starts at 0:00

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Learn more at evenrealities dot com and see how everyday smart classes keep helpful information in sight so you can stay productive and hands free throughout the workday Add the E Ring one or even clip to your even G two order and get ten percent off with code Marketplace. Evenrealities. com code Marketplace We're wrapping up our look back at some of the defining moments of American economic history. Welcrom Marketplace in Washington, I'm Kimberly Adams. The past fifty years have transformed not just how Americans work, but who makes up the nation's workforce. One major factor has been immigration Since nineteen seventy, the percentage of people in the US who were born abroad has more than tripled, according to the Pew Research Center. The immigrant contribution to the US economy is both towards the lower wage part of the workforce, but also some of our major technological changes that we've experienced Clearly immigrs play a role Richard Frery is a labor economist and senior researcher at Pew. He says women also made significant gains in labor force participation during the nineteen seventies and nineteen eighties, but for men, labor force participation moved in the opposite direction, partly due to the loss of many manufacturing jobs as rapid changes to technology reshaped the economy There was a severe recession in the early eighties, which was not insignificant But clearly, the great financial crisis and the responses to it and a period of very low interest rates throughout the twenty ten s That's the one that I would point to The recovery from the Great Recession was slow, affecting a generation of workers. Workers who later had to pivot again in response to the COVID nineteen pandemic, which shifted the understanding and requirements of how we get work done in the modern era. Now as businesses and workers begin an even more rapid adjustment to artificial intelligence, the American economy is set to adapt and change again, as it's been doing for the last two hundred fifty years You can listen to our entire look back at some of the highlights of American economic history by visiting Marketplace Morning Report on our podcast feed or marketplace. org US markets are closed today in observance of America's two hundred fiftieth birthday. But meanwhile, the Strait of Hormuz is back open as negotiations between the United States and Iran continue This passage is especially important to the African economy. Here's political economist Meva Suusu Jemfi, who's based in Ghana. Whilst we are excited about the drop in the price of oil and the impact on fuel prices Oil producers, many of which in Africa and who have benefited from the price strike, will now see that windfall shrink. Meva Suusu Jemfi runs the African Center for Economic Transformation. Thiscast is supported by Dell. Back to school starts now. getet long lasting battery life on the Dell XPS laptop powered by Sies three Intel Core so that you can work from anywhere Now starting at six hundred and ninety nine dollars with exclusive student pricing starting at five hundred and ninety nine dollars, And it's lightweight, portable, and packed with enough processing power to make multitasking a breeze. So, say goodbye to distractions and hello to more Free time because you finished your work faster Complete your setup with savings on select monitors and more must have electronics and accessories. Limited time deals and free shipping on PC's and more await you at deell. com slash deals That's deell. com slash deals. This podcast is supported by Raymond James, a financial firm offering wealth management, banking, and capital market services that are inspired by people Before Raymond and James's financial advisors build plans, they build relationships so they can craft individual strategies designed to achieve priorities and pursue what's possible That's the power of personal. Disclosures at Rayondjames. com Raymond James and Associates Inc, member NYSE SIC. After more than ten years of anticipation, pre orders are live for Grand Theft Auto six. For more on the significance of the video gam's launch, I spoke with Dmitri Williams at the University of Southern California's Annenberg School for Communication and Journalism. Professor, welcome Thank you for having me Grand Theft Auto six has a slightly higher price tag than other similar big budget studio releases. How are folks reacting to the price tag There's a fair amount of breathlessness among analysts, but I don't think that the actual population is going to blink an eye But if you think about the sort of the dollar per hour of use, it's an extraordinary good deal. I mean, if these guys have spent It's probably a billion and a half dollars to make this game. That's going to be a lot of content and it's going to be pretty good Now, that doesn't mean that video games in general can be priced this way. This is an exceptional property with immense brand loyalty say more about this particular title and its role in society, I feel like I have I've heard about grand Theft Auto for most of my life at this point Well, it's been out for a really long time. I mean, this is the sixth iteration The spirit of the whole thing from the beginning has been purely transgressive. I mean, this is really an antihero kind of property And so the same thing that maybe draws audiences to Breaking Bad or to the Godfather is this, you know, interesting quirk in Western society where we live within rules but we also really enjoy breaking those rules Perhaps it's not that surprising that audiences flock to it You mentioned earlier that this could give people potentially

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