Ida’s impact wrecks Gulf Coast power grid, chokes off resources - a podcast by Marketplace

Though downgraded to a tropical storm, Ida has still led to flash flood warnings, a loss of power in the entire city of New Orleans, and at least one fatality. It has also hobbled oil and gas production in the Gulf of Mexico. With this backdrop, Julia Coronado discusses the market picture (especially the Fed) and Nancy Marshall-Genzer delivers more storm details. We also look at how travel is shaping up as Labor Day approaches. For anyone already looking forward to a long weekend, we also look into a new process of undersea winemaking.

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