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
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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.
Since February of last year, the avian flu has led to the deaths of tens of millions of farm-raised birds in the U.S., the deadliest outbreak on record. WSJ’s Patrick Thomas on how the egg industry is getting slammed and what companies are doing to try to save their flocks.
Further Reading:
- America Is Losing the ‘Epic Battle’ Against Bird Flu
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WeightWatchers is buying digital health company Sequence to capitalize on the hot market for diabetes and weight loss drugs including Ozempic and Wegovy. WSJ's Andrea Petersen explains what this could mean for the wellness industry.
Further Reading:
-WeightWatchers Moves Into the Ozempic Market With Telehealth Deal
-How a Diabetes Drug Became the Talk of Hollywood, Tech and the Hamptons
-Health Startups Offer Diabetes Drugs Like Ozempic for Weight Loss With Little Oversight
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When Silicon Valley Bank imploded last week, it was the second biggest bank failure in U.S. history. Then, over the weekend, another bank, Signature Bank, was also taken over by the government. WSJ financial editor Charles Forelle explains what kicked off this banking crisis and how the government is scrambling to contain it.
Further Reading:
- How Silicon Valley Turned on Silicon Valley Bank
- Silicon Valley Bank Closed by Regulators, FDIC Takes Control
- Were SVB and Signature Bank Just Bailed Out by the U.S. Government?
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For years, fentanyl has flooded into the American drug market, driving a surge in overdose deaths across the country. Other drugs, like cocaine, are increasingly tainted with the synthetic opioid. We spoke to advocates Theo Krzywicki and Kalie Shorr who say a tiny test strip can help people avoid fentanyl, and WSJ's Julie Wernau explains why fentanyl is showing up everywhere.
Further Reading:
- Fentanyl Test Strips on the Dance Floor? Partygoers Face New Reality
- Three New Yorkers Ordered Cocaine From the Same Delivery Service. All Died From Fentanyl.
Further Listening:
- Purdue's $4.5 Billion Opioid Settlement Got Thrown Out. Now What?
- States Got Hooked on Tobacco Money. Are Opioids Next?
- Two Days of Reckoning for Opioid Makers
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Federal Reserve Chair Jerome Powell told Congress this week that interest rates could go up faster and higher than previously planned. WSJ’s Nick Timiraos explains what’s behind the Fed’s change of strategy, and why it’s struggling to tame inflation.
Further Reading:
- Powell Says Data Will Determine Size of Next Rate Increase
- Powell Says Fed Is Prepared to Speed Up Interest-Rate Rises
- Why the Recession Is Always Six Months Away
Further Listening:
- Mass Layoffs or Hiring Boom — Which Is It?
- Consumers Are Starting to Freak Out
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A new law in Tennessee makes staging adult cabaret anywhere a minor could see it a criminal offense. WSJ’s Laura Kusisto and Steve Raimo, who performs as drag queen Veronika Electronika, on what it could mean for the drag industry.
Further Reading:
-Tennessee Governor Signs Bill Restricting Transgender Healthcare for Minors
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AI-art generators let users create fantastical images with just a few text prompts. But some artists see a problem: They say AI is ripping them off. Artist Greg Rutkowski and WSJ tech columnist Christopher Mims explain what's at stake for the art world.
Further Reading:
- AI Tech Enables Industrial-Scale Intellectual-Property Theft, Say Critics
- Ask an AI Art Generator for Any Image. The Results Are Amazing—and Terrifying.
Further Listening:
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Three executives who formed Sam Bankman-Fried’s inner circle have now pleaded guilty to fraud charges and agreed to cooperate with prosecutors. WSJ’s Alexander Osipovich on what their plea deals could spell for the FTX founder.
Further Reading:
- Close Ally of FTX Founder Sam Bankman-Fried Pleads Guilty to Fraud
- How FTX’s Nishad Singh Turned to Crypto Crime
Further Listening:
- The Charges Against FTX’s Sam Bankman-Fried
- ‘Do You Expect to Go to Prison?’: An Interview With SBF
- The Fall of Crypto's Golden Boy
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Companies like BlackRock have promoted ESG investing in recent years. But WSJ’s Julie Bykowicz says a new conservative nonprofit is pushing lawmakers to ban ESG, equating it with "woke capitalism."
Further Reading:
- Conservatives Have a New Rallying Cry: Down With ESG
- New Conservative Group Gets $1.6 Billion Donation From Chicago Businessman
Further Listening:
- Can My Stock Portfolio Save the Planet?
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After Russia invaded Ukraine, Western nations hit Russia with massive sanctions. We talk to a resident in Moscow about how his life has changed and WSJ’s Georgi Kantchev on how Russia has responded to the sanctions.
Further Reading:
- Russian Deficit Soars to $25 Billion on War Spending, Oil Embargo
- Russia Boosts China Trade to Counter Western Sanctions
Further Listening:
- Three Ukrainians on Enduring a Year of War
- The Financial Punishment of Russia
- How Putin Has Planned For Sanctions
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