Of course, we mean "What would Kevin do?" — Kevin Warsh, that is, President Donald Trump's nominee for Federal Reserve chair. And it's a question plenty of investors are asking as they try to feel out his views on inflation and Fed independence. We'll unpack. Plus, we'll head to Venezuela, where acting President Delcy Rodríguez signed a law last week opening the oil industry there to private ownership after two decades.

Layoff announcements have been coming fast and furious: 16,000 at Amazon; up to 30,000 at UPS; more at Dow Chemical, Pinterest, T-Mobile, and more. These latest workforce reductions won’t show up in the January jobs report, but they do suggest a labor market under increasing stress. This morning, we'll dig in. But first, tech companies like Google are considering putting power-hungry data centers used to fuel AI into space. What would that look like?

From the BBC World Service: President Donald Trump announced tariff cuts on goods imported from India and said that, in return, India promised not to buy any more Russian oil. But when Prime Minister Narendra Modi announced the tariff reduction, he didn’t mention anything about Russia or its oil. What gives? Then, following the U.S. military action in January, a bill currently before Venezuela's National Assembly aims open its state-dominated oil industry to foreign investment.

In his new book, Wall Street Journal tech columnist Christopher Mims offers a guide for getting the most out of the technology. He's compiled two dozen "Laws of AI" to shed light on the best ways to use these generative tools.

Yesterday we talked about how individuals can improve their productivity with AI, and today we're digging into how organizations can use — or sometimes misuse — it.

Productivity — the rate at which companies make what they make, or do what they do — has been a reliably bright spot in this economy. But wage growth hasn’t kept up. In this episode, what’s hampering compensation growth while overall productivity rises at a clip? Plus: Is AI actually to blame for recent layoffs? Is rising global debt bad news? And, the partial government shutdown will delay crucial employment data.

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.

The precious metals market has been on a tear, but experienced a severe correction last week. Part of it has to do with the nomination of Kevin Warsh as Fed chair. We'll discuss it, plus preview this week's big hiring and unemployment reports. Plus, from our partners at the BBC, one out of every five people over 65 in Japan is living with dementia or has early symptoms. How are businesses responding?

In January, five states enacted laws restricting people who receive food aid from buying sugary beverages and snacks. About a dozen more will follow suit later this year. This morning, we'll learn about how that affects SNAP recipients and grocery stores. Plus, last week, gold and silver had their worst declines in decades. Then, as part of Marketplace's "AI and You" coverage, we'll look back at when the dot-com boom led to a rapid expansion of internet infrastructure — similar to what we're seeing today with AI.

From the BBC World Service: After a historic rally, gold has seen its biggest drop in more than a decade. Silver is also down after sharp swings in Asian trading. The rapid decline comes after President Donald Trump announced Kevin Warsh as his nomination for Federal Reserve chair, a pick many hope can continue to preserve Fed independence. Then, we head to Japan, where local tech firms are helping seniors living with dementia.