Every weekday, host Kai Ryssdal helps you make sense of the day’s business and economic news — no econ degree or finance background required. “Marketplace” takes you beyond the numbers, bringing you context. Our team of reporters all over the world speak with CEOs, policymakers and regular people just trying to get by.
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Every week on Performance Today™, Bruce Adolphe re-writes a familiar tune in the style of a classical composer. We get one of our listeners on the phone, and our caller listens to Bruce play his Piano Puzzler™. They then try to do two things: name the hidden tune, and name the composer whose style Bruce is mimicking. From American Public Media.
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Monday through Friday, Marketplace demystifies the digital economy in less than 10 minutes. We look past the hype and ask tough questions about an industry that’s constantly changing.
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In less than 10 minutes, we’ll get you up to speed on all the news you missed overnight. Throughout the morning, Marketplace’s David Brancaccio will bring you the latest business and economic stories you need to know to start your day. And before U.S. markets open, you’ll get a global markets update from the BBC World Service in London.
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Composers Datebook™ is a daily two-minute program designed to inform, engage, and entertain listeners with timely information about composers of the past and present. Each program notes significant or intriguing musical events involving composers of the past and present, with appropriate and accessible music related to each.
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Actuality explores the inner workings of the new global economy. Brought to you by Marketplace® and Quartz, it’s a podcast that combines the best of our economic smarts. Hosts Sabri Ben-Achour and Tim Fernholz find the interesting in the important and the important in the interesting—and define the issues shaping our daily experience in the global economy. In Season Two, we explore the impossible, with: they said it couldn’t be done. From creating a perfect algorithm to a perfect workforce, ...
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What tomorrow’s workforce was thinking when they cast their ballots
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Gen Z has come of age in a pandemic, lived through its first spike in inflation and was raised in the shadow of the Great Recession. Gen Zers also have 86% less purchasing power than than baby boomers did at their age. And the issue of affordability was on their minds when they headed to the polls. Also on today’s program, we’ll delve into immigrat…
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Though voters are sour on the economy, the central bank isn’t
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The Federal Reserve cut its short-term interest rate by a quarter of a percentage point yesterday. At his briefing, Fed Chair Jerome Powell stayed away from politics, despite the freshness of the news of Donald Trump’s decisive victory. But many of Trump’s proposals could affect the central bank’s interest rate policy. We dig in. Plus, a look at Tr…
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From the BBC World Service: China has unveiled measures worth $1.4 trillion to tackle a mountain of local government debt, as Beijing steps up plans to support its slowing economy. Then, an increasing number of people in France are opting for a mixed lifestyle — part city job and part farming. Plus, the COP29 climate conference in Azerbaijan gets u…
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Bytes: Week in Review — What a second Trump presidency could mean for the tech sector
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The president-elect is also a former president who’s been a fixture in national politics for the last decade. But predicting what Donald Trump might have in mind for the tech industry in his second term based on that history, well, that’s a tough call. Trump has, at times, had strong words for some tech titans, cozied up to others, and pushed for —…
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Synopsis Okay, here’s a cocktail party question for music fans: “What do James Brown — the master of funk — and Soviet symphonic composer Dmitri Shostakovich have in common?” The answer is Stomp, a piece by Seattle-based composer David Schiff that premiered on today’s date in 1990 at Alice Tully Hall in New York City at a concert by Marin Alsop’s C…
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If President-elect Donald Trump gets his way, importers are about to pay a ton more in tariffs. Some businesses are scrambling to bring as much stuff as possible into the country before his inauguration — and that’s not exactly easy. Also in this episode: Streaming platforms gain more international subscribers, hybrid workers Lyft to the office and…
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Betting markets knew something all those pollsters didn’t
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This was a breakout moment for companies taking bets on the election’s outcome. Betting markets got attention for their early predictions of a victory by former President Donald Trump, while traditional polls were showing a tossup. We’ll hear more. Plus, why the U.S. dollar may grow stronger, how Trump’s immigration policies could impact the labor …
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Trump wants to claw back unspent IRA funds. That might not be easy.
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Among the many promises President-elect Donald Trump laid out on the campaign trail: clawing back unspent money from the Inflation Reduction Act, which has poured billions into the clean energy sector. But much of those funds is destined for red states and red counties, and the politics of stopping the money will be tough. Also on the program: a lo…
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From the BBC World Service: Germany’s coalition government is falling apart after the chancellor unexpectedly sacked his finance minister yesterday. Elections are now expected early next year. Plus, some of Germany’s corporate giants are planning layoffs as profit margins are falling off. And this seems to be more of a longer-term economic slide ra…
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Patience for learning wanes as students make AI a habit
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It has been almost two years since ChatGPT burst onto the scene and made teachers’ lives a whole lot harder. A report from Common Sense Media this fall showed that 70% of teenage students used artificial intelligence for school or fun. But a majority of those students’ parents and teachers were unaware. Leila Wheless, a seventh- and eighth-grade En…
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Synopsis On today’s date in 1940, the Chicago Symphony helped celebrate their 50th anniversary with the premiere performance of a specially commissioned symphony from famous Russian composer Igor Stravinsky. Stravinsky himself was on hand to conduct his Symphony in C — a work that attracted a great deal of attention at the time. For starters, writi…
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What will happen to the economy during Trump’s second stint in the White House? We don’t know for sure. But his planned immigration crackdown could cut into gross domestic product and raise prices, and his promised high tariffs are likely to do the same. Plus: Stocks jumped after the election was called, Biden will leave behind a vigorous economy a…
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The Federal Reserve meets today and tomorrow to determine the future path of interest rates. The central bank is designed to do its work insulated from politicians, and its independence from political pressures is a cornerstone of monetary policy. But a second presidency of Donald Trump could bring that independence into question. We’ll hear more. …
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Money movements and another Trump presidency
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Donald Trump has won the race for the White House. What does that mean for financial markets? With Ben Kumar, head of equity strategy at Seven Investment Management, we’ll delve into stock movements, the market volatility and the potential impact of tariffs. We’ll also unpack the economic ripple effects of a Republican-controlled Senate and learn a…
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From the BBC World Service: The diabetes drug giant Novo Nordisk is reassuring investors with big sales numbers for its popular weight loss drug, Wegovy. But there are concerns over the production of unofficial copies of its drugs, which have been linked to hospitalizations and deaths. And in Nigeria, millions have been without electricity for more…
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AI’s appetite for electric power fuels interest in nuclear option
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The thing about the artificial intelligence boom is that the tech needs a lot of electricity. One estimate from Goldman Sachs suggests that largely because of AI, data centers will use 160% more electricity by 2030. It’s got Big Tech fired up about an option that’s never really been the cool kid of the clean energy class: nuclear power. Microsoft m…
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Contestant: David Harris calling from Farmer City, IllinoisBy American Public Media
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Synopsis For later Romantic composers like Richard Wagner, Beethoven’s Symphony No. 7 was “the apotheosis of the dance,” and certainly sitting still during the Symphony’s dizzying finale is not always easy. But for those in the audience at its premiere in 1813, as part of a benefit concert for wounded Bavarian and Austrian soldiers, it was the somb…
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Back-to-back Hurricanes Helene and Milton caused billions in damage. How are insurers going to pay for it all? Turns out, insurance companies have their own insurance. But as disasters get more severe and more frequent, “reinsurance” isn’t covering what it used to. Also in this episode: Boeing has major catch-up to do, an abandoned oil field could …
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“Investors see the same polls that everyone else sees”
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Investors don’t have a hotline to our political future and are stuck in wait-and-see purgatory, just like the rest of us on this Election Day. We’ll try to parse some signals financial markets are giving. Plus, some striking Boeing employees will start returning to work as early as tomorrow. They voted to ratify a new contract and have ended the pi…
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How to watch for swings in markets as election returns come in
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Stocks index futures are pointing to modestly higher markets this Election Day morning. The 10-year interest rate is steady today but is the highest it’s been since late July. We’ll be keeping an eye on currency markets, too. Then, new companies are coming to the Dow Jones Industrial Average. And later, some of Hollywood’s biggest stars are coming …
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From the BBC World Service: The European Union has launched a formal investigation into the Chinese e-commerce site Temu over concerns it may be allowing the sale of illegal goods. But first, British Columbia’s port employers have locked out workers there in response to strike action. That could potentially halt $575 million in daily trade. Plus, w…
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Misinformation to guard against on Election Day
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It’s Election Day and even though the campaign may be over, the battle over misinformation is not. Marketplace’s Kimberly Adams spoke with Derek Tisler, counsel at the Brennan Center for Justice, about some of the misleading online narratives voters should expect to see and how to deal with them. This conversation is part of “Marketplace Tech’s” li…
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The Minneapolis Symphony and the Minnesota Orchestra
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By American Public Media
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There are only a few bills with strong bipartisan support in the soon-to-be lame duck Congress. Requiring AM radio in new cars is one of them. Proponents say AM radio is a vital part of the Emergency Alert System and still broadcasts news in rural communities. Carmakers aren’t buying it. Plus, the Dow’s got some newcomers, OPEC (once again) postpon…
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A different data set to gauge what might happen on Election Day
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On today’s show, economist Julia Coronado, president of MacroPolicy Perspectives, explains which metrics she’s using to guide her thinking about the election: individual campaign contributions. Right now, it’s favoring Democrats. We’ll hear more. Plus, we’ll draw a line between the election and this morning’s bond market. And later: a tax jackpot f…
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Counting the costs of Spain’s devastating floods
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From the BBC World Service: More than 200 people were killed in the floods in Valencia, Spain — the worst in the country for decades. Now, authorities are facing the massive task of reconstructing key roads and tunnels that have been left in ruins. We’ll hear some of the “incalculable” economic impacts. Then, added sugars in packaged baby foods in …
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The other major economic newsmaker of the week
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Yes, tomorrow is Election Day, the outcomes of which have the potential to move markets. But don’t forget: We have a Federal Reserve meeting this week too. On Thursday, the central bank will announce a decision on interest rates. We’ll preview what to expect. Then, is it just us or are Black Friday deals starting earlier this year? And we’ll also h…
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Internet freedom takes a hit during global elections, report finds
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In case you forgot, we’ve got Election Day tomorrow. But it was also a big year for elections in the rest of the world. About half of the global population is voting in national elections in 2024, and in many countries people have encountered shut down internet, blocked websites or manipulated content online, according to a recent report from the n…
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Synopsis Today’s date marks the premiere of two works written by émigré composers: one Austrian, the other Chinese. On Nov. 4, 1948, the Albuquerque Civic Symphony gave the first performance of Arnold Schoenberg’s A Survivor from Warsaw, a powerful piece for narrator, chorus and orchestra. Schoenberg had met some survivors of the Nazi pogroms in th…
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Synopsis Russian composer Nikolai Rimsky-Korsakov might be described as an operatic dynamo: he composed fifteen and had a hand in editing, orchestrating and promoting important operas by his fellow countrymen: Mussorgsky’s Boris Godunov and Khovantschina, Borodin’s Prince Igor and Dargomïzhsky’s The Stone Guest. Rimsky-Korsakov’s fifteen operas are…
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Synopsis Today we dip into the “Composers Mailbag” for two letters, neither of them dealing with significant musical matters, but both (coincidentally) with wine. In a note dated Nov. 2, 1894, Giuseppe Verdi wrote (in his typically blunt style): “Dear Sig. Melani, I received yesterday the cases of wine. Now what is left is to pay for them. Please s…
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The federal government is seeking a legal remedy for Google’s monopoly on internet search, as adjudicated by a federal judge. That remedy could include a breakup of its parent company, Alphabet. But when similar accusations were leveled against Microsoft a couple of decades ago, the software titan emerged from its trial intact. Also in this episode…
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A jobs report that doesn’t say much about the labor market
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Today’s jobs report featured a shockingly small number of new hires with just around 12,000 jobs added. However, as FHN Financial’s Christopher Low explains, these dismal figures have more to do with recent extreme weather events and the ongoing strike at Boeing. Plus, we look at why a tax provision expanding the amount of money very rich people ar…
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What’s behind the uncertainty in the housing market?
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It hasn’t been a normal housing market for years now, but it’s been especially uncertain in the past few months. We delve into how interest rate cuts, mortgage rate fluctuations, and the election are all making conditions for buying a home a bit hard to read for most people. Plus, a preview of today’s highly anticipated jobs report which might refl…
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Indonesia bans the sale of Google Pixel phones
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From the BBC World Service: A ban on Google’s flagship Pixel smartphone in Indonesia comes because the company failed to meet requirements for certain smartphones sold domestically to contain at least 40% of parts manufactured locally. Plus, Hello Kitty turns 50, and the landmark birthday also marks an uptick in the fortunes of Sanrio, the company …
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Bytes: Week in Review — Apple Intelligence arrives, AI writes Google’s code, and AI medical transcription tool hallucinates
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An AI transcription tool used in health care has been found to frequently hallucinate things no one ever said, including making up medications. That’s just one of the topics for today’s Marketplace Tech Bytes: Week in Review. Plus, we’ll get into what we learned from this week’s Big Tech earnings, including Google saying that it’s using AI to gener…
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Synopsis On today’s date in 1738, George Frederick Handel completed one of his first great Biblical oratorios: Israel in Egypt, based on the book of Exodus. At this point in time, British taste for Handel’s Italian-style operas had waned, and, like the filmmaker Cecil B. DeMille some 200 years later, Handel set out to entice his jaded audience back…
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What happens if Trump brings back Schedule F?
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An estimated 50,000 civil service jobs were slated to become political appointments under a Trump-era executive order. If Donald Trump returns to the White House, there’s a chance he’ll reinstate it, leading to the biggest federal workforce shakeup in nearly 150 years. Also in this episode: A new resource for farmers market pricing and the key to s…
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The last reading on inflation before the election
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This morning, the central bank’s preferred measure of inflation — the personal consumption expenditures price index, or PCE — came out and clocked in at 2.1% annually in September. With fuel and energy prices stripped out, the index was up 2.7%. What should we make of these figures? Then, if former President Donald Trump is re-elected, he’s promisi…
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All the work that goes into spooks, scares and haunts
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For some, spooky season means buying truckloads of candy or dusting off that 12-foot plastic skeleton in the basement. For others though, it’s time to get to work. This Halloween, we’ll check in with Star Romano, a stage production manager at the Queen Mary’s Dark Harbor in Long Beach, California, to hear more about the scare economy. Take a listen…
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The U.K.’s budget gets the IMF’s seal of approval
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From the BBC World Service: In the United Kingdom, the government has unveiled its first budget since the Labour Party got back in power, its first in 14 years. The measures amount to a $50 billion tax hike to fund public services, with a big focus on taxing businesses and high earners. We’ll hear more. Plus, Donald Trump is proposing tariffs of up…
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For almost a century, people have been going to the movies to get freaked out by fictional depictions of artificial intelligence. Back in 1968, there was Hal 9000 in “2001: A Space Odyssey.” The 1980s gave us Skynet in “The Terminator.” And these days, movies about rogue bots are more popular than ever. Films like 2022’s “M3GAN” and this summer’s “…
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Synopsis Since today is Halloween, how about a supernatural legend in music? The second of three Fábulas — fables or fantastic stories — for violin and piano by Puerto Rican composer Dan Román is titled La Garita del Diablo or The Devil’s Sentry Box. The old port city of San Juan is surrounded by a fortified stone wall built by the Spaniards to pro…
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Consumer spending has been strong since the post-pandemic-crash economy got back on its feet, and it continues to prop up GDP. But too much spending, as well as too little, could mess with the Federal Reserve’s goals of stable prices and maximum employment. Also in this episode: WNBA players want a contract to match their popularity and brand power…
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A delightful surprise for those in the labor market
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The private payroll company ADP reported that a lot more people than expected were added to its payrolls this month. True, the more closely watched data on hiring and unemployment is not due from the government until Friday. But this is new evidence that the American jobs machine is still putting people to work. We dig in. Plus, a look at Google’s …
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The legal gray area of an Elon Musk giveaway
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Philadelphia’s district attorney sued billionaire Elon Musk earlier this week over a controversial $1 million-a-day giveaway to registered voters, alleging that it is an “unlawful lottery.” Musk is conducting this through his pro-Donald Trump political action committee, called America PAC. On today’s program: a look at where Elon Musk and his super…
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From the BBC World Service: First, it’s the “worst of times” camp. While Germany’s economy grew unexpectedly, German-based car company Volkswagen announced major layoffs and plant closures. We’ll discuss some of the reasons and the fallout. Then, it’s the “best of times” for Spain’s economy, which exceeded expectations with 0.8% growth. We’ll walk …
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AI labels on digital political ads might backfire on candidates, research shows
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We are in the midst of the first major U.S. election of the generative AI era. The people who want to win your vote have easy access to tools that can create images, video or audio of real people doing or saying things they never did — and slap on weird appendages or other make-believe effects along with targeted slogans. But the potential to decei…
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Synopsis “From whence cometh song?” asks the opening lines of a poem by American writer Theodore Roethke. That’s a question American composer Ned Rorem must have asked himself hundreds of times, while providing just as many answers in the form of hundreds of his original song settings. About his own music, Rorem tends to be a little reluctant to sp…
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