Episodes
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...
Published 11/16/24
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.
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Published 11/12/24
This week: The markets had a big reaction to Trump’s win. Emily Peck, Elizabeth Spiers, and Anna Szymanski discuss what traders are actually betting on and how a Trump economy will affect consumers. Then, Anna breaks down the collapse of Germany’s government and what it means for Europe’s economy. Also: Reddit stock is doing great. But why is it still so popular? The hosts discuss the refreshing relatability and searchability that has kept the platform on top.
In the Plus episode: After a...
Published 11/09/24
This week: Readers aren’t buying Jeff Bezos’ claim that killing the Washington Posts’ presidential endorsement wasn’t from his own business interests. Emily Peck, Elizabeth Spiers, and Anna Szymanski weigh in on how the move may or may not help Bezos and what the WaPo boycott can actually accomplish. Also: How would a Trump victory affect the economy? Badly, economists say. Finally: Facebook laid off two dozen workers for abusing their free GrubHub vouchers as companies crack down on perk...
Published 11/02/24
In this Money Talks: the man who would bet billions on a coin toss. Host Felix Salmon chats with Lionel Barber, whose new book Gambling Man: The Secret Story of the World’s Greatest Disruptor, Masayoshi Son reveals how the man who backed Alibaba became the world’s biggest maverick investor, throwing fortunes at enterprises that could either succeed spectacularly or go down in flames.
Podcast production by Jared Downing and Cheyna Roth.
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Published 10/29/24
This week: How do you buy an election? Throw a sweepstakes! Emily Peck, Elizabeth Spiers, and Rueters’ Anna Szymanski (filling in for Felix Salmon) discuss Elon Musk’s scheme to get potential Trump voters to the ballot box and the maneuverings of the campaign finance industrial complex. Next, they discuss a French gambler whose massive bet on the election may affect Trump’s real-world odds. Finally: Many Americans report living “paycheck to paycheck,” even though they have savings and splurge...
Published 10/26/24
In a very special election season Money Talks: Trump was never that good at business. How did he fake it till he made it? New York Times reporters Russ Buettner and Susanne Craig explain in their book Lucky Loser: How Donald Trump Squandered His Father’s Fortune and Created the Illusion of Success. They speak with host Emily Peck to discuss Trump’s early business missteps, the right-place-right-time happenstances that made him a reality star, and whether or not he might actually have...
Published 10/22/24
This week: Big trouble in not-so-little China as the second-largest economy tries to get out of its post-COVID funk. Emily Peck, Elizabeth Spiers, and Reuters’ Anna Szymanski (filling in for Felix Salmon) discuss China’s new economic stimulus measures, which might be too-little, too late. They also discuss the secretive family behind Boar’s Head and a Sherwood piece about a mysterious $7 billion estate tax. Finally, Josh Levin joins to discuss the new season of Slow Burn, which explores how...
Published 10/19/24
For this Money Talks, it’s time to turn the rat race into a rat walk on the beach. Brigid Schulte, author of Over Work: Transforming the Daily Grind in the Quest for a Better Life, speaks with about America’s toxic relationship with labor in which employees at all levels are underpaid, under-rested, and over-hustled. They discuss what America can learn from work cultures in other countries and what it will take to achieve the four-day workweek.
In this Money Talks: The pandemic wrecked...
Published 10/15/24
This week: Big storms are the new norm, and they’re costing America big time. Felix Salmon, Emily Peck, and Elizabeth Spiers discuss the economic toll and surging insurance coasts of climate change. They also examine the curious case of a Canadian carpenter who made and lost a fortune on Tesla options, and Felix reveals what he’ll be up to on his upcoming sabbatical. In the Numbers Round, Emily discusses a Subtack that charts the most well-connected actors.
In the Plus bonus mini-episode:...
Published 10/12/24
This week: the Longshoremen’s strike is over, and economic disaster has been averted. Felix Salmon, Emily Peck, and Elizabeth Spiers discuss the strike, sketchy union leader Harold Daggett, and how the White House put its thumb on the scales to help cut a deal. Also: OpenAI just had a $6.6 billion investment round, but the company is bleeding losses. Then: Dish Network wants to buy DirecTV for $1, but the bondholders who own its billions in debt might kill the deal.
In the Plus bonus...
Published 10/05/24
For this Money Talks, it’s time to turn the rat race into a rat walk on the beach. Brigid Schulte, author of Over Work: Transforming the Daily Grind in the Quest for a Better Life, speaks with Emily Peck about America’s toxic relationship with labor in which employees at all levels are underpaid, under-rested, and over-hustled. They discuss what America can learn from work cultures in other countries and what it will take to achieve the four-day workweek.
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Published 10/01/24
This week: the tragic tale of Nike, Foot Locker, and Bed Bath and Beyond. Bloomberg’s Kim Bhasin joins Felix Salmon, Emily Peck, and Elizabeth Spiers to discuss his recent piece on the downfall of the Nike brand and the peril of direct-to-consumer marketing. Then, they discuss Kim’s other feature on Jamie Salter, the man who made a fortune buying up mall “zombie brands” like Izod and Brook’s Brothers. Finally: The DOJ is suing Visa for monopolistic practices, but will it mean anything or...
Published 09/28/24
Mortgage rates are down! Inflation is less inflation-y! Felix Salmon, Emily Peck, and Elizabeth Spiers discuss what the Fed’s interest rate cut means for the American economy — and American voters. Also: Trump is promising tax cuts like there’s no tomorrow, but are any of them good ideas? And Axel Springer is spinning off its media empire in yet another news business shakeup.
In the Plus bonus mini-episode: Tupperware is bankrupt, but it shall live on in the underground communist...
Published 09/21/24
For this Money Talks, Emily Peck chats with Rumaan Alam, author of Leave the World Behind. His new novel Entitlement explores what happens when normal people enter the lives of the super-rich. Rumaan and Emily discuss class, opportunity, and how the ego and conceit of wealth can be contagious.
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Published 09/17/24
Next up in Boeing’s year of hell: A worker strike. Felix Salmon, Emily Peck, and Elizabeth Spiers discuss the planemaker’s endemic labor issues, whether just snacking around is better than eating full meals, and how banks convinced the Fed to reverse course on Basel III Endgame regulations.
In the Plus bonus mini-episode, the hosts talk about the rise and fall of hotel room service and the allure of breakfast in bed.
Podcast production by Jared Downing and Cheyna Roth.
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Published 09/14/24
This week, Felix Salmon, Emily Peck, and Elizabeth Spiers debate one of the great questions of our time: Do Gen Zs even get checks? They can write them at least, as proved by the recent Chase check fraud TikTok fad. Also: the “founder mode” trend has Silicon Valley types in a tizzy, but does it apply to women CEOs? And what’s Japanese knotweed, and why is it destroying Elizabeth’s house?
In the Plus bonus mini-episode, the hosts talk about the rise and fall of hotel room service and the...
Published 09/07/24
For this Money Talks, it’s all fun and games…and lots and lots of money. The Puzzmo game designer speaks with Felix Salmon about how to make addicting, viral pastimes that turn a profit. They discuss what made Wordle such a breakout hit, how to make games for both bad and good players, and the strained relationship between art and profit.
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Published 09/03/24
This week, Felix Salmon, Emily Peck, and Elizabeth Spiers discuss the lawsuit against RealPage, a software company the DOJ says helps landlords collude to keep rents too damn high. Also: Was Nvidia’s earnings report worth the hype? And Australia got a new “right to disconnect.” Will Americans ever get to unplug? In the bonus mini-episode, the hosts debate whether airports should limit alcohol and the promise and peril of drinking on planes.
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Published 08/31/24
This week, Felix Salmon, Emily Peck, and Elizabeth Spiers discuss Disney’s disastrous attempt to block a man from seeking justice for his deceased wife and the impact of the forced arbitration clauses most of us sign. Also: The political fallout of Kamala Harris’ vague remarks on price control and the White House’s “vibe-rarian,” and what the rise of sports betting means for the financial well-being of ordinary Americans.
In the Plus bonus episode: Will a new CEO be a much-needed espresso...
Published 08/24/24
How do you save a region from an economic tailspin? For this Money Talks, Felix Salmon chats with Paul Collier, author of The Bottom Billion and, most recently, Left Behind: A New Economics for Neglected Places. They discuss the economic and political forces that drag countries and regions to the bottom — and how they might be saved. Paul gives examples across time and geography, from Cold War-era Germany to modern-day Africa.
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Published 08/20/24
This week, author and data journalist Nate Silver joins Felix Salmon, Emily Peck, and Elizabeth Spires to discuss his new book On the Edge: The Art of Risking Everything, a deep dive into the risk-taking class that shapes modern society. They discuss the low-risk world of “the village,” and the community of high stakes, go-big-or-go-home investors on “the river.” How do these reams affect investments, AI, and politics? In the Plus segment: Nate gives his election forecast and the hosts debate...
Published 08/17/24
This week, Felix Salmon is joined by guest hosts Shira Ovide of the Washington Post and Anna Szymanski of Reuters to discuss Japan’s market chaos, the guilty verdict in Google’s monopoly case, and whether Boeing’s new CEO can fly the company out of a storm of troubles. In the Plus bonus episode: The hosts go to the Mountain Dew belt to discuss the state of soda and the rise of non-alcoholic beer.
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Published 08/10/24
For this Money Talks, Taffy Brodesser-Akner, author of Fleishman Is in Trouble, chats with Felix Salmon and Emily Peck about her newest novel Long Island Compromise, a tale about a a family of one-percenters who see their lives and fortunes turned upside down. The hosts discuss Taffy’s real-world inspirations for the story, the psychology of the rich, and whether it really is possible for the super wealthy to lose it all.
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Published 08/06/24