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, we’re bringing you an episode from the FT’s Behind the Money podcast: Battery maker Northvolt was supposed to be Europe's best hope for staying competitive during the green transition. But recently, that hope has crumbled. The company filed for Chapter 11 bankruptcy in November. The FT’s Nordic and Baltic bureau chief Richard Milne spent years reporting on the Swedish start-up and in this episode, he chronicles Northvolt’s ambitious rise, and what its failings mean for Europe’s battery industry. Follow Behind the Money wherever you listen to podcasts.
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This week: Elon Musk posted enough misinformation on social media to get a bill blocked and necessitate a government shutdown. Felix Salmon, Emily Peck, and Anna Szymanski discuss the multi-billionaire’s tweetstorm that convinced congress not to pass a bi-partisan spending bill and how he has been able to so blatantly buy that power. Then, Anna helps break down the economic crisis that is unfolding in Brazil and gets wonkish on the latest Fed rate cut and trade deficit. And finally, Amazon and Starbucks workers across the country have gone on strike. Emily explains the subtleties of the disputes.
In the Slate Plus episode: What’s your gift giving strategy?
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.
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This week: Crypto companies are being debanked but they’re not the only ones. Felix Salmon, Emily Peck, and Elizabeth Spiers break down the conspiracy theory that debanking is a government attack on crypto. Then, Netflix has pared down their extreme leave policy. What does that signal about the direction of the company? And Spotify is finally making a profit and is acting like it.
In the Slate Plus episode: Crumbl and rise of meme foods.
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.
Disclosure in Podcast Description: A Bond Account is a self-directed brokerage account with Public Investing, member FINRA/SIPC. Deposits into this account are used to purchase 10 investment-grade and high-yield bonds. As of 9/26/24, the average, annualized yield to worst (YTW) across the Bond Account is greater than 6%. A bond’s yield is a function of its market price, which can fluctuate; therefore, a bond’s YTW is not “locked in” until the bond is purchased, and your yield at time of purchase may be different from the yield shown here. The “locked in” YTW is not guaranteed; you may receive less than the YTW of the bonds in the Bond Account if you sell any of the bonds before maturity or if the issuer defaults on the bond. Public Investing charges a markup on each bond trade. See our Fee Schedule. Bond Accounts are not recommendations of individual bonds or default allocations. The bonds in the Bond Account have not been selected based on your needs or risk profile. See https://public.com/disclosures/bond-account to learn more.
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In this Money Talks: The collapse of Synapse and resulting fallout highlights how regulators are failing fintech users. Felix Salmon is joined by CNBC’s Hugh Son who has been closely following the situation. They unpack the chain of events that led to thousands of users losing access to their funds, the complexities of FDIC insurance, and how regulators allowed this massive scandal.
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: South Korea and France are the latest governments to fall apart. Felix Salmon, Emily Peck, and Elizabeth Spiers discuss the public conversation around the failures of the US healthcare system that was sparked by the shocking murder of UnitedHealthcare CEO Brian Thompson.Then, South Korea and France follow Germany in having a governmental meltdown. What’s going on with all of this political chaos? And finally, the hosts discuss a piece in The Ringer about why headlights are just way too bright and what, if anything, is being done about it.
In the Slate Plus episode: The conclusion on Felix and Emily’s year long bet about ETFs and Bitcoin.
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: Felix back and we have some Felix-y topics to cover. Felix Salmon, Emily Peck, and Elizabeth Spiers discuss the latest Trump cabinet appointments and speculate if Scott Bessent will be able to rein in Trump’s economic plans.Then, much ink has been spilled over the sale of a conceptual artwork by Maurizio Cattelan for $6.2 million, yet no one really knows how to write about it. So, when is a banana taped to a wall more than a banana taped to a wall? And finally, this week, Warren Buffet published a letter explaining why and how he is giving away his billions after his death. The hosts discuss the efficacy and logic of his plan to give $1.2 billion to his family’s foundations.
In the Slate Plus episode: We’ll hear how Felix spent his time away.
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.
In this Money Talks: Diversity, Equity, and Inclusion programs are being targeted by “anti-woke” pundits. Emily Peck is joined by Simone Foxman of Bloomberg to explain why DEI is under fire from conservatives, and what these programs might look like under Trump’s second term – if they exist at all.
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: Bluesky feels like the Twitter of old. Will that last? Emily Peck, Elizabeth Spiers, and Anna Szymanski discuss the new popularity of the social platform and whether or not it’s becoming a liberal bubble. Then, Indian billionaire Gautam Adani is being charged with fraud by federal prosecutors for bribing Indian officials for solar energy contracts. Also, there’s a rising trend of “anti-work” businesses. The hosts discuss what that means and if there is any real marketing juice behind a political label.
In the Slate Plus episode: Should we quit cleaning?
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: Elon Musk and Vivek Ramaswamy have a lot of “plans” for the D.O.G.E. Emily Peck, Elizabeth Spiers, and Anna Szymanski discuss the suspect promises of the Trump-appointed heads of the Department of Government Efficiency. Then, Bitcoin is at a record high right now, though the value of crypto remains uncertain. Also, AI clones are being used to apply to jobs and even find us dates, but are they doing it well?
In the Slate Plus episode: New York City has passed a bill preventing landlords from charging tenants for broker’s fees. Finally!
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.
Disclosure in Podcast Description: A Bond Account is a self-directed brokerage account with Public Investing, member FINRA/SIPC. Deposits into this account are used to purchase 10 investment-grade and high-yield bonds. As of 9/26/24, the average, annualized yield to worst (YTW) across the Bond Account is greater than 6%. A bond’s yield is a function of its market price, which can fluctuate; therefore, a bond’s YTW is not “locked in” until the bond is purchased, and your yield at time of purchase may be different from the yield shown here. The “locked in” YTW is not guaranteed; you may receive less than the YTW of the bonds in the Bond Account if you sell any of the bonds before maturity or if the issuer defaults on the bond. Public Investing charges a markup on each bond trade. See our Fee Schedule. Bond Accounts are not recommendations of individual bonds or default allocations. The bonds in the Bond Account have not been selected based on your needs or risk profile. See https://public.com/disclosures/bond-account to learn more.
Hosted on Acast. See acast.com/privacy for more information.
In this Money Talks: how did Victoria’s Secret go from hot to not? Emily Peck is joined by Lauren Sherman and Chantal Fernandez, authors of Selling Sexy: Victoria’s Secret and the Unraveling of an American Icon to discuss the origins of the ubiquitous bra retailer, its role in the rise of fast fashion, and how the brand successfully reflected the culture–until it suddenly didn’t.
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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