Slate Money podcast

Slate Money

A 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.

A 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.

 

#691

Money Talks: The Cost of Caring

In this Money Talks: When his intellectually disabled brother-in-law suddenly came under their care, Professor Harold Pollack and his wife found themselves in a financial crisis. This huge life shift prompted him to face down his own lack of financial planning and eventually help demystify the topic for others with his book, [The Index Card] (https://www.penguinrandomhouse.com/books/317640/the-index-card-by-helaine-olen-and-harold-pollack/) . In this episode, Harold joins [Emily Peck] (https://www.axios.com/authors/epeck) , for whom this topic is also very personal, to discuss the oft ignored financial realities of longterm caregiving.  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] (https://podcasts.apple.com/us/podcast/slate-money/id876523888) and [ Spotify] (https://open.spotify.com/show/2AgxNbNcUOckZSww9mk8mX) . Or, visit [ slate.com/moneyplus] (https://slate.com/podcast-plus?utm_medium=link&utm_campaign=plus_pod&utm_content=Money&utm_source=episode_summary) to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. Learn more about your ad choices. Visit [megaphone.fm/adchoices] (https://megaphone.fm/adchoices) ... Read more

5 hrs Ago

37 MINS

37:36

5 hrs Ago


#690

Oligarchy in the USA

This week: In his farewell address, President Biden warns of a looming oligarchy in America. [Felix Salmon] (https://www.axios.com/authors/fsalmon) , [Emily Peck] (https://www.axios.com/authors/epeck) , and [Elizabeth Spiers] (https://www.elizabethspiers.com/) debate whether Biden is right, or if America is already an oligarchy of sorts. Then, the FDA is suing John Deere. The hosts discuss the idea of “the right to repair” and why our ability to repair the things we buy just isn’t what it used to be. And finally, Nate Anderson has announced that he’s closing Hindenburg. Are activist short sellers a dying breed? In the Slate Plus episode: An [MBA] (https://www.wsj.com/lifestyle/careers/harvard-mba-employment-rate-job-hunt-difficulty-addfc3ec?mod=hp_trendingnow_article_pos2) Ain’t What It Used To Be 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] (https://podcasts.apple.com/us/podcast/slate-money/id876523888) and [ Spotify] (https://open.spotify.com/show/2AgxNbNcUOckZSww9mk8mX) . Or, visit [ slate.com/moneyplus] (https://slate.com/podcast-plus?utm_medium=link&utm_campaign=plus_pod&utm_content=Money&utm_source=episode_summary) to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. Learn more about your ad choices. Visit [megaphone.fm/adchoices] (https://megaphone.fm/adchoices) ... Read more

18 Jan 2025

54 MINS

54:33

18 Jan 2025


#689

The Dire Costs of the LA Fires

This week: Los Angeles continues to try and fight back its most devastating wildfire ever. [Felix Salmon] (https://www.axios.com/authors/fsalmon) , [Emily Peck] (https://www.axios.com/authors/epeck) , and [Elizabeth Spiers] (https://www.elizabethspiers.com/) discuss the fires raging in Los Angles and how they highlight the growing problem with disaster insurance as well as the [complex issues ] (https://harvardlawreview.org/print/vol-137/climate-carceralism-the-future-of-climate-linked-prison-labor/) around [prison labor] (https://www.themarshallproject.org/2023/08/04/prison-wildfires-california-firefighter) . Then, Meta is walking back their content moderation, giving hate speech more of a chance to thrive on their platforms. The hosts debate what this will mean for advertisers and Meta employees alike. And finally, New York City has at last implemented its congestion pricing. And while it’s too early to know the effects, the hosts look to London to see what the future could hold for the city’s commuters.  In the Slate Plus episode: Wirkin Bag Economics   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] (https://podcasts.apple.com/us/podcast/slate-money/id876523888) and [ Spotify] (https://open.spotify.com/show/2AgxNbNcUOckZSww9mk8mX) . Or, visit [ slate.com/moneyplus] (https://slate.com/podcast-plus?utm_medium=link&utm_campaign=plus_pod&utm_content=Money&utm_source=episode_summary) to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. Learn more about your ad choices. Visit [megaphone.fm/adchoices] (https://megaphone.fm/adchoices) ... Read more

11 Jan 2025

55 MINS

55:20

11 Jan 2025


#688

Money Talks: Selling The American Dream

In this Money Talks: Jane Marie has spent years reporting on the tangled web of multi-level marketing companies, or MLMs, with her podcast [The Dream] (https://www.pushkin.fm/podcasts/the-dream) and dives even deeper in her new book, [Selling the Dream: The Billion-Dollar Industry Bankrupting Americans] (https://www.simonandschuster.com/books/Selling-the-Dream/Jane-Marie/9781982155773) . In this episode, she sits down with Emily Peck to discuss their origins, their appeal to American women, and their extremely questionable business practices.  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] (https://podcasts.apple.com/us/podcast/slate-money/id876523888) and [ Spotify] (https://open.spotify.com/show/2AgxNbNcUOckZSww9mk8mX) . Or, visit [ slate.com/moneyplus] (https://slate.com/podcast-plus?utm_medium=link&utm_campaign=plus_pod&utm_content=Money&utm_source=episode_summary) to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. Learn more about your ad choices. Visit [megaphone.fm/adchoices] (https://megaphone.fm/adchoices) ... Read more

07 Jan 2025

44 MINS

44:18

07 Jan 2025


#687

The Business of Lively vs Baldoni

This week: The Lively/Baldoni PR war has become a legal battle. And it’s not just reputations that are at stake. [Felix Salmon] (https://www.axios.com/authors/fsalmon) , [Emily Peck] (https://www.axios.com/authors/epeck) , and [Elizabeth Spiers] (https://www.elizabethspiers.com/) explain how Blake Lively’s lawsuit against Justin Baldoni and his answering suit against The New York Times is more than just a Hollywood feud, it’s a fight to stay profitable. Then, the hosts discuss the recent ruling that seems to have killed the dream of net neutrality for good. Finally, they examine the decline in drinking that has caused a lake-sized tequila surplus in Mexico. In the Slate Plus episode: Coffee Wars 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] (https://podcasts.apple.com/us/podcast/slate-money/id876523888) and [ Spotify] (https://open.spotify.com/show/2AgxNbNcUOckZSww9mk8mX) . Or, visit [ slate.com/moneyplus] (https://slate.com/podcast-plus?utm_medium=link&utm_campaign=plus_pod&utm_content=Money&utm_source=episode_summary) to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. Learn more about your ad choices. Visit [megaphone.fm/adchoices] (https://megaphone.fm/adchoices) ... Read more

04 Jan 2025

52 MINS

52:24

04 Jan 2025


#686

The Truth Behind Donald Trump’s Tariff Talk

This week: Paul Krugman may have ended his iconic New York Times column but he’s still going to tell us what’s going on. [Felix Salmon] (https://www.axios.com/authors/fsalmon) and [Emily Peck] (https://www.axios.com/authors/epeck) are joined by [Paul Krugman] (https://paulkrugman.substack.com/) to get wonky on global trade, discuss the relationship between politicians and economists, and examine the economic legacy of Joe Biden. In the Slate Plus episode: Favorite media of 2024.  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] (https://podcasts.apple.com/us/podcast/slate-money/id876523888) and [ Spotify] (https://open.spotify.com/show/2AgxNbNcUOckZSww9mk8mX) . Or, visit [ slate.com/moneyplus] (https://slate.com/podcast-plus?utm_medium=link&utm_campaign=plus_pod&utm_content=Money&utm_source=episode_summary) 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. Learn more about your ad choices. Visit [megaphone.fm/adchoices] (https://megaphone.fm/adchoices) ... Read more

28 Dec 2024

51 MINS

51:41

28 Dec 2024


#685

Money Talks: Can Math Really Crack the Stock Market? (Encore)

The “Fama–French model” is a Nobel laureate-designed tool for predicting the stock market. It guides hundreds of billions in investments. The problem? Its numbers keep shifting. For this Money Talks,  [Felix Salmon] (https://www.axios.com/authors/fsalmon)  chats with Planet Money host Mary Childs about her  [deep dive for Bloomberg] (https://www.bnnbloomberg.ca/upstarts-challenge-a-foundation-of-modern-investing-1.2045092)  into finance mathematics. They question the nature of investing, markets, and reality itself. Mary is also the author of  [The Bond King] (https://us.macmillan.com/books/9781250120854/thebondking/) . If you enjoy this show, please consider signing up for Slate Plus. Slate Plus members get an ad-free experience across the network and an additional segment of our regular show every week. You’ll also be supporting the work we do here on Slate Money. Sign up now at  [slate.com/moneyplus] (http://slate.com/moneyplus)  to help support our work. Podcast production by Jared Downing and Cheyna Roth. Learn more about your ad choices. Visit [megaphone.fm/adchoices] (https://megaphone.fm/adchoices) ... Read more

24 Dec 2024

51 MINS

51:45

24 Dec 2024


#684

From Behind the Money: Why Northvolt Failed to Become Europe’s Battery Champion

This week, we’re bringing you an episode from the FT’s  [Behind the Money] (https://podcasts.apple.com/us/podcast/behind-the-money/id1376303362)  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.  Learn more about your ad choices. Visit [megaphone.fm/adchoices] (https://megaphone.fm/adchoices) ... Read more

23 Dec 2024

29 MINS

29:20

23 Dec 2024


#683

Who Elected Elon?

This week: Elon Musk posted enough misinformation on social media to get a bill blocked and necessitate a government shutdown. [Felix Salmon] (https://www.axios.com/authors/fsalmon) , [Emily Peck] (https://www.axios.com/authors/epeck) , and [Anna Szymanski ] (https://www.linkedin.com/in/annaszymanski/?challengeId=AQF8jQz-jGa54QAAAZEUmm9zXbWxVNsqiUTfTYdNTbUDaI_phDkuta51mU-dhZkiYTALuwe0hx7kAAibwJ8a-_B2TLyP6a5uEA&submissionId=cf30864e-a100-e817-e71a-4c5776a64a1b&challengeSource=AgF7nYfI7aS8HQAAAZEUmnqdvIGgCTYbGjEeofQ6CSBmEQQKkgHxaazb6s6iDp0&challegeType=AgFHuwwH8HYxrQAAAZEUmnqg83WEuG3hHUU9_rj869CuYPCeg4o5Zbg&memberId=AgHMi9xDwqPKEwAAAZEUmnqkBEfdp0nZf_dcl16zthAFYK8&recognizeDevice=AgGNXbrZ4QavJAAAAZEUmnqnMPyM8ZCrTBngbYZ0sQXve4HjA7jd) 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] (https://podcasts.apple.com/us/podcast/slate-money/id876523888) and [ Spotify] (https://open.spotify.com/show/2AgxNbNcUOckZSww9mk8mX) . Or, visit [ slate.com/moneyplus] (https://slate.com/podcast-plus?utm_medium=link&utm_campaign=plus_pod&utm_content=Money&utm_source=episode_summary) to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. Learn more about your ad choices. Visit [megaphone.fm/adchoices] (https://megaphone.fm/adchoices) ... Read more

21 Dec 2024

58 MINS

58:22

21 Dec 2024


#682

Why Netflix is Reducing Parental Leave

This week: Crypto companies are being debanked but they’re not the only ones. [Felix Salmon] (https://www.axios.com/authors/fsalmon) , [Emily Peck] (https://www.axios.com/authors/epeck) , and [Elizabeth Spiers] (https://www.elizabethspiers.com/) 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] (https://www.vox.com/money/389782/crumbl-cookies-tiktok-viral-consumption) and [rise of meme foods] (https://www.axios.com/2024/12/12/gen-z-millennials-tiktok-food) .  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] (https://podcasts.apple.com/us/podcast/slate-money/id876523888) and [ Spotify] (https://open.spotify.com/show/2AgxNbNcUOckZSww9mk8mX) . Or, visit [ slate.com/moneyplus] (https://slate.com/podcast-plus?utm_medium=link&utm_campaign=plus_pod&utm_content=Money&utm_source=episode_summary) 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. Learn more about your ad choices. Visit [megaphone.fm/adchoices] (https://megaphone.fm/adchoices) ... Read more

14 Dec 2024

49 MINS

49:21

14 Dec 2024


#681

Money Talks: The Synapse Scandal

In this Money Talks: The collapse of Synapse and resulting fallout highlights how regulators are failing fintech users. [Felix Salmon] (https://www.cnbc.com/hugh-son/) is joined by CNBC’s [Hugh Son] (https://www.cnbc.com/hugh-son/) who has been closely following [the situation] (https://www.cnbc.com/2024/11/22/synapse-bankruptcy-thousands-of-americans-see-their-savings-vanish.html) . 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] (https://podcasts.apple.com/us/podcast/slate-money/id876523888) and [ Spotify] (https://open.spotify.com/show/2AgxNbNcUOckZSww9mk8mX) . Or, visit [ slate.com/moneyplus] (https://slate.com/podcast-plus?utm_medium=link&utm_campaign=plus_pod&utm_content=Money&utm_source=episode_summary) to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. Learn more about your ad choices. Visit [megaphone.fm/adchoices] (https://megaphone.fm/adchoices) ... Read more

10 Dec 2024

38 MINS

38:25

10 Dec 2024