The most important stories about money, business and power. Hosted by Ryan Knutson and Jessica Mendoza. The Journal is a co-production of Spotify and The Wall Street Journal.
Get show merch here: https://wsjshop.com/collections/clothing
php/*
The most important stories about money, business and power. Hosted by Ryan Knutson and Jessica Mendoza. The Journal is a co-production of Spotify and The Wall Street Journal.
Get show merch here: https://wsjshop.com/collections/clothing
Copyright: Copyright © Dow Jones & Company, Inc. All rights reserved.
Earlier this year, it seemed like celebrities everywhere were promoting cryptocurrency and NFTs. But then, in early May, the markets crashed. WSJ’s Ellen Gamerman explains how celebrities got hooked on crypto in the first place, and how they’re responding now that the value of these assets is plummeting.
Further Reading:
-Reese Witherspoon and Gwyneth Paltrow Push for Crypto Sisterhood
Further Listening:
-How An Art World Outsider Landed a $69 Million Sale
Learn more about your ad choices. Visit megaphone.fm/adchoices
It’s a teenage dream. Unemployment among teens is near its lowest level in decades as business owners look to solve a hiring crunch. We talk to WSJ’s Kathryn Dill about the bargaining power teens have in today’s job market.
Further Reading:
- Teens Take Up More Jobs, and More Pay, in Tight Labor Market
- Teen Babysitters Are Charging $30 an Hour Now, Because They Can
Further Listening:
- Why Workers Can’t Get Enough Hours, Even in a Jobs Boom
Learn more about your ad choices. Visit megaphone.fm/adchoices
Last week, the first LIV Golf event, a Saudi Arabian-funded golf tournament, officially launched. The new tour is offering professional golfers a lot of money to participate. WSJ’s Andrew Beaton explains why the rival PGA Tour is punishing players who try to participate in both.
Further Reading:
- The Good. The Bad, The Weird At The First Saudi-Funded Liv Golf Event.
Learn more about your ad choices. Visit megaphone.fm/adchoices
In more than 20 years of reporting on cybercrime, Wall Street Journal reporter Robert McMillan has never come face-to-face with a criminal hacker. Until he met Dmitry Smilyanets.
Dmitry grew up during the fall of the Soviet Union, a computer-loving kid with big dreams. He became part of a generation of Russian hackers who cut their teeth in the early days of the internet and went from stealing passwords to hacking some of America’s biggest companies. This is the story of how Dmitry became one of the best.
Learn more about your ad choices. Visit megaphone.fm/adchoices
In 2008, Dmitry Smilyanets and his crew of hackers pulled off one of the biggest hacks in history. It made Dmitry millions of dollars, some of which he used to build an esports empire.
But the hack put a target on Dmitry’s back. A U.S. prosecutor, Erez Liebermann, was tasked with bringing Dmitry to justice. In this episode, Erez follows Dmitry’s every move — chasing him around the world.
Learn more about your ad choices. Visit megaphone.fm/adchoices
After his arrest in Amsterdam, the threat of a decades-long prison sentence loomed over Dmitry. If he cooperated with American prosecutors, he could lower his sentence. But he’d have to betray his hacking collaborator and best friend, Vladimir Drinkman.
Dmitry takes the deal and starts working with the U.S. government while he serves his time. And in the years since, Dmitry has had a new vantage point to watch the evolving threat hackers pose. Increasingly, hackers are targeting public institutions and infrastructure, putting many Americans at risk. It’s now Dmitry’s job to help stop them.
Learn more about your ad choices. Visit megaphone.fm/adchoices
In February, Frontier Airlines announced its plan to purchase fellow budget airliner, Spirit. But JetBlue’s surprise competing bid for Spirit sent the three airlines into a messy, public love triangle. WSJ’s Alison Sider reports on how the possible mergers will shake up flying in the U.S.
Further Reading:
- JetBlue Boosts Breakup Fee, Pledges Dividend in Bid to Woo Spirit Holders
- Spirit Airlines Delays Shareholder Vote as It Considers Frontier, JetBlue Offers
Further Listening:
- Frontier, Spirit and the Future of Low-Cost Airlines
Learn more about your ad choices. Visit megaphone.fm/adchoices
Earlier this week, President Biden announced emergency measures to get the solar power industry moving again after a major standstill that had pitted domestic manufacturers against solar panel installers. WSJ’s Phred Dvorak explains how tiny Auxin Solar became the most-hated solar company in America.
Further Reading:
- The Most-Hated Solar Company in America
- Biden Invokes Emergency Power in Bid to Resolve Solar Import Dispute
Learn more about your ad choices. Visit megaphone.fm/adchoices
More than a dozen states have legalized online sports gambling since the Supreme Court repealed a federal ban in 2018. That's opened doors for a burgeoning new industry, and companies like FanDuel are trying to capitalize. CEO Amy Howe shares her views on the industry, and she makes her case for legal sports betting.
Further Reading:
- FanDuel CEO Amy Howe Says Black Market Gambling Poses Threat to Online Sports Betting
- DraftKings, FanDuel Battle Tribes for Control of California Sports Betting
Learn more about your ad choices. Visit megaphone.fm/adchoices
Wall Street Journal reporter Robert McMillan has spent years trying to find a Russian hacker who would tell him their story. And then, he met Dmitry Smilyanets, the man who managed one of the most notorious hacking teams to come out of Russia.
Dmitry’s story is the story of how a generation of hackers grew up in Russia. It follows the dramatic game of cat and mouse that America plays trying to catch cyber criminals like Dmitry. And in Dmitry’s case, it ends with him facing a choice: go to prison for decades, or help the U.S. government stop hackers like himself.
This is a new series from the Journal - Hack Me If You Can – the story of a Russian cyber criminal who went to the other side. All episodes out June 10th.
Learn more about your ad choices. Visit megaphone.fm/adchoices