Stay ConnectedA weekly roundup of the most important stories from the worlds of business and finance, hosted by Felix Salmon.Want more Slate Money? Subscribe to Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. Subscribe now on Apple Podcasts by clicking “Try Free” at the top of our show page. Or, visit https://slate.com/moneyplus to get access wherever you listen.
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Copyright: © 2018 The Slate Group
This week: DOGE is taking its chainsaw to the Social Security Administration. Felix Salmon, Emily Peck, and Elizabeth Spiers examine the real reasons behind the Elon Musk led crusade against the SSA. And then, DOGE used extreme tactics against the US Institute of Peace including a physical takeover of the building by force. Meanwhile, the founder of Pirate’s Booty tried a similar tactic to try to gain power over his small Long Island town. The hosts discuss how these stories and recent actions by Trump call into question what authority really means when it comes to our government. And finally, Dan Primak of Axios joins to explain how a private equity firm just made the Boston Celtics the highest valued team (in dollars) in US sports history.
In the Slate Plus episode: Why are US winemakers upset about a potential wine tariff?
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Podcast production by Jessamine Molli and Cheyna Roth.
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In this Money Talks: How does America assert its power globally? The short answer is money. For the long answer, Felix Salmon calls in authors Edward Fishman (Chokepoints) and Saleha Mohsin (Paper Soldiers) who both recently published books on the subject. They’ll discuss how the US dollar managed to become the world’s reserve asset, the ways it’s been weaponized in the past, and what that global status means under an “America First” president.
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Podcast production by Jessamine Molli and Cheyna Roth.
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This week: The US Stock Market is plummeting during Trump’s second term. Felix Salmon, Emily Peck, and Elizabeth Spiers explain why headlines very rarely affect the movements of the Stock Market–and discuss whether we're currently living one of those exceptions. Then, the Wall Street Journal has reported that the Trump family is in talks to invest in the US arm of crypto giant Binance. If true, the move would almost certainly be an attempt to buy a pardon for billionaire founder CZ, who pled guilty to violating U.S. anti-money-laundering requirements under Biden. And finally, Youtube megastar MrBeast, made popular among the Gen Alpha set for giving away fabulous prizes, is turning his fame into fortune via his candybars. Are they any good? Elizabeth will decide!
In the Slate Plus episode: How many days a year should we all really spend at work?
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Podcast production by Jessamine Molli and Cheyna Roth.
Hosted on Acast. See acast.com/privacy for more information.
This week: Trump’s tariffs on Mexico, Canada and China went into effect – only for him to turn around and suspend many of them. Felix Salmon, Emily Peck, and Elizabeth Spiers discuss Trump’s love of tariffs and the political effects of his trade war. Then, Egg Watch gets a whole segment this week as Chenya Roth joins to discuss the economics of egg demand and the question of if eggs even should be super cheap. And finally, an elaborate scheme to buy every lottery ticket and guarantee a jackpot went down in Texas. The hosts debate whether there is actually anything wrong with that.
In the Slate Plus episode: The Trump bump has become quite a slump
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Podcast production by Jessamine Molli and Cheyna Roth.
Hosted on Acast. See acast.com/privacy for more information.
In this Money Talks: Emily Peck is joined by journalist and author Adam Chandler to discuss what he discovered about how Americans think about work while writing his book 99% Perspiration. They’ll get into America's often misguided and misinformed obsession with rugged individualism, the long-term effects of de-emphasizing community, and of course, Emily in Paris.
Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen.
Podcast production by Jessamine Molli and Cheyna Roth.
Hosted on Acast. See acast.com/privacy for more information.
This week: Trump has proposed a $5 million “gold card” for US citizenship, suggesting that the US could sell 10 million of them to pay off the national debt. Felix Salmon, Emily Peck, and Elizabeth Spiers discuss the logic behind this considering the similar programs that already exist and the possible pool of candidates. Then, they discuss guest Kyle Chayka’s recent piece in the New Yorker comparing Silicon Valley invasion of the government, led by Elon Musk, to the “techno-fasiscts” of 1930s Japan. And finally, the danger of black plastic kitchen utensils was debunked after the discovery of a simple math error. But the “zombie fact” is still affecting sales.
In the Slate Plus episode: The $19 Strawberry and Rise of Luxury Food
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Podcast production by Jessamine Molli and Cheyna Roth.
Hosted on Acast. See acast.com/privacy for more information.
This week: The US is weakening ties with its biggest ally while embracing an old enemy. Felix Salmon, Emily Peck, and Elizabeth Spiers explain how the Trump administration’s antagonization of Europe – and further alignment with Russia – could mean major economic blowback if it goes far enough. Then, rumor has it that Intel is looking to sell parts of its business off to foreign firms Broadcom and TSMC, possibly with Trump's blessing. The hosts explore the likelihood of the deal happening and the frankly confusing logic of it all. Finally, they discuss The Cut’s deep dive into the brand Quince and what makes the “one stop dupe shop” so popular. Plus, another edition of Egg Watch 2025 featuring the Wall Street of Eggs.
In the Slate Plus episode: Med spas are taking over America.
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Podcast production by Jessamine Molli and Cheyna Roth.
Hosted on Acast. See acast.com/privacy for more information.
In this Money Talks: Lizzie O’Leary, host of What Next: TBD, joins Felix Salmon to discuss her article on why government databases are crucial to our economy, and why it’s so worrisome that this kind of public data is being removed by the Trump administration.
Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen.
Podcast production by Jessamine Molli.
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This week: Trump has signed an order suspending the enforcement of the Foreign Corrupt Practices Act. Felix Salmon, Emily Peck, and Elizabeth Spiers speculate on his motives and on how likely it actually is that this will shield anyone from the FCPA. Then, Elon Musk has taken $80 million that was sent to New York City by FEMA directly out of the city’s account. The hosts discuss the legality and worrisome precedent of the move. Finally, inflation is still a thing. They go over the latest inflation report which of course leads to another Egg Watch 2025.
In the Slate Plus episode: Japanese 7Elevens
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Podcast production by Jessamine Molli.
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This week: Trump almost started a trade war with our nearest neighbors. Felix Salmon, Emily Peck, and Elizabeth Spiers explain why Trump’s trade war with Canada and Mexico not happening is still newsworthy. Then, Felix breaks down why Trump’s plan for a US sovereign wealth fund makes no sense. And finally, Kalshi seems to have found a loophole by offering event contracts on the Super Bowl even in states where sports betting is illegal. The hosts discuss the distinctions between betting and trading futures, and how each are affected by their respective regulating entities.
In the Slate Plus episode: Egg Watch 2025 gets its own episode.
Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen.
Podcast production by Jessamine Molli and Cheyna Roth.
Hosted on Acast. See acast.com/privacy for more information.
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