The Trump administration has unveiled plans for a huge expansion of offshore oil drilling. Federal law requires the Interior Department to come up with five-year schedules of oil and gas lease sales. The most recent proposal includes as many as 34 potential offshore lease sales, near the coasts of Alaska, California, and Florida. Also on the show: why the Dutch government wanted to take over a Chinese-owned chip company.

After months of ICE raids on the nation’s capital, some construction workers are afraid to go into Washington, D.C. for work, fearing arrest and deportation. Meanwhile, the contractors who need them are struggling to adapt. We'll check in on some of the businesses that are being most affected. But first: why markets ended yesterday on a sour note, and why the housing affordability crisis is accelerating fastest in rural areas.

From the BBC World Service: Japan's cabinet has approved a stimulus package worth more than $130 billion. It's the first major policy initiative of the new prime minister, Sanae Takaichi, and aims to help households and companies with measures like energy subsidies and tax cuts. Then, the global climate change conference COP30 is drawing to a close in Brazil, and so far, there’s been no agreement on key issues like the fossil fuel phaseout.

After a month and a half delay due to the government shutdown, we are finally getting some official economic data. It is old (from September), but it's here. The economy gained 119,000 jobs, and the unemployment rate went up for the third month in a row. What's that mean for job seekers? Plus, declining consumer sentiment doesn't translate to declining consumer spending, Walmart's quarterly results beat expectations, and international student enrollment has dipped.

Nvidia reported earnings yesterday after markets closed, and it did not disappoint. Nvidia makes 90% of all chips used in AI. Tech stocks, including Nvidia, have been carrying a lot of weight in markets, and investors had started getting a little nervous about whether the AI boom was a bubble — but Nvidia's results have been pretty reassuring. Also: stale data from the Bureau of Labor Statistics and Japan's tensions with China.

From the BBC World Service: Wall Street was cheered last night by better-than-expected results from the chip giant Nvidia. But the AI boom continues to fuel fears of a market bubble. In the past few weeks, a growing number of the world’s leading figures in finance have suggested that AI stocks are unrealistically inflated in value. Plus, Meta says it's shutting down accounts for younger teenagers in Australia ahead of the country's social media ban for youths under 16.

In a word: uncertainty. Retail chains like Target are pulling back on hiring temporary workers ahead of this year’s holiday shopping season as tariffs take their toll, consumer sentiment slumps, and little government data leaves them with little guidance. We’ll hear more. But first: there’s a lot riding on Nvidia results, and investors are split on predictions for the Fed’s next rate decision.

Some 24 million people buy health insurance through the Affordable Care Act marketplace. But subsidies and tax credits that have made these plans more affordable for the past few years are expiring, and the cost of health insurance is likely going to double, on average, for those losing subsidies. How do you plan for that? Plus, a Cloudflare outage took down sites yesterday, and tensions between China and Japan escalated.

From the BBC World Service: The chief executive of the South Korean firm Hyundai said that the White House phoned him personally to apologize for an immigration raid at a massive battery factory in Georgia in September. More than 300 South Korean workers were detained and later sent back to South Korea, stoking tensions between the two nations. Plus, China has imposed a ban on all imports of Japanese seafood amid a growing dispute between Asia's two biggest economies

The U.S. Department of Agriculture is starting a second round of aid — about $16 billion — for farmers affected by natural disasters. The aid is aimed at growers of fruits, vegetables, and tree nuts. As for aid from President Donald Trump's tariffs? The government's still busy crunching the numbers. Plus, we'll discuss what direction the U.S. economy is headed and hear how AI can help companies soften the blow from tariffs.