On track for a layoffs record

The U.S. is on track for the largest number of announced layoffs since 2020. Yay us! (Kidding.) We can thank a combination of federal cuts and their ripple effects, an uncertain trade environment, and AI experimentation. After that, Jenny Han of “The Summer I Turned Pretty” tells Kai about her career journey from nanny and school librarian to novelist and Amazon Prime showrunner. Plus: recession indicators, a federally-backed lithium mine and industrial outdoor storage.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.