Marketplace All-in-One

The U.S. Forest Service is heading for a major restructure. Its headquarters are moving from D.C. to Utah, all regional offices are being eliminated, and dozens of research facilities across 31 states are being shuttered. This is all unfolding before what's expected to be a very active wildfire season. How do these changes affect our ability to fight wildfires? But first, we're digging into the latest economic impacts of war in the Middle East.

Section 702 of the Foreign Intelligence Surveillance Act, or FISA, allows government agencies to collect information about foreign nationals located abroad. That surveillance can happen without a warrant and the government can order email providers to turn over any messages of a particular foreigner, including those with a U.S. citizen.

Section 702 is set to expire this week. President Donald Trump has called for its extension, but there are Congressional lawmakers in both parties who oppose the kind of surveillance the law allows for. Elizabeth Goitein at the Brennan Center for Justice has testified before Congress advocating for reform of the law. She says right now it lets agencies search through Americans’ sensitive data.

Companies are using AI tools more every day. Some, like Meta, are even encouraging employees to use as many AI tokens as possible. But companies also spending more to access the technology — most AI firms bill per token, and those costs add up. In this episode, there’s no such thing as free AI. Plus: Procter & Gamble posts strong earnings, Kai visits LA’s first women’s sports bar, and we discuss the latest Federal Reserve news.

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Are you team camping or glamping? On today’s show, we’re checking in on the outdoor recreation economy in the Western United States. KUNC’s Mountain West News Bureau reporter Rachel Cohen joins Kimberly to unpack the pressures facing the industry, from climate change to Trump administration policies. Plus, will President Trump’s new $100 foreign tourist fee hurt national parks?

Here’s everything we talked about today:

"The Mountain West’s outdoor economy continues to grow – but pace may be slowing" from KUNC
"Ski resorts gain year-round adaptability in Forest Service rule" from KUNC
"Visits to national parks dipped slightly in 2025—after a record-breaking year" from KUNC
"Forest Service plans to move D.C. headquarters to Salt Lake City" from KUNC

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The Federal Reserve has two jobs: promote job growth and control inflation. To do that, it sets interest rates. It also buys bonds and securities to influence those markets, and is now sitting on a massive $6.5 trillion pile. President Trump's nominee for Fed Chair, Kevin Warsh, wants to shrink that asset pile. We'll dig in. Also: optimism from one soon-to-be grad. Plus, how much longer can the standoff in Iran last before oil markets have to respond?