This week: The Trump administration kidnapped the president of Venezuela. Felix Salmon, Elizabeth Spiers, Emily Peck, and guest Lizzie O'Leary, host of What Next: TBD, discuss Trump's rationale for the attack and the complex economics around Venezuelan oil that come with it. Then, Lizzie breaks down the unsettling trend of AI-generated nudes of real people, including many children, being created by X’s chatbot Grok and Elon Musk’s lackadaisical response to it. Finally, Emily fills us in on Trump’s $10 billion funding freeze for childcare and social services in five blue states and how the fear of "waste, fraud, and abuse” is weaponized politically. In the Slate Plus episode: Greece is the word!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: Journalist and author Tarpley Hitt joins Emily Peck to discuss her new book Barbieland: The Unauthorized History which reveals the shady history behind the super-star doll. They’ll get into inventor Ruth Handler’s so-called "inspiration" by a popular German doll, Mattel’s industry spies and many, many lawsuits, and how Handler single-handedly prevented Nixon-era maternity leave policies. 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: 2025 ended on high for the US stock market but no one seems too pleased with its performance. Felix Salmon, Elizabeth Spiers, and Emily Peck, unpack the story of the US markets in 2025, why it was outperformed internationally, and the role AI has played. Then, the hosts discuss how, amid the uncertainty and chaos of Trump’s trade war, Mexico has found a way to come out on top. And finally, 2025 saw a boom for dealmaking with $2.4 trillion in global mergers and acquisitions. Meanwhile, old fashioned conglomerate Berkshire-Hathaway is changing hands with Warren Buffett stepping down at the age of 95. Will the new CEO keep with Buffett’s conservative investment strategy?In the Slate Plus episode: Food52 & Saks Run Out of CashWant 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: We’re celebrating a year full of hot takes! Felix Salmon, Elizabeth Spiers, and Emily Peck, debate and rate the hottest takes they’ve heard this year — like Elon Musk’s claim that there will be no poverty in the future, the idea that Trump’s tariffs didn’t matter – and the collection of fire takes Felix gathered from around the Bloomberg news room. In the Slate Plus episode: The hot take that started it all: the $140,000 poverty line.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: Planet Money’s Mary Childs joins Felix Salmon to share what she learned reporting on how private philanthropy is trying to cope with the influx of need now that USAID is gone. They’ll get into the headaches and heartbreaks charitable organizations Givewell and ALIMA are experiencing after the loss of billions of dollars of humanitarian aid, the practical costs of saving lives, and what you can do to give effectively this holiday season. 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: The European Commission pushed back its timeline for all EV Europe. Felix Salmon, Elizabeth Spiers, and Emily Peck are joined by Bloomberg’s Global Automotive Editor Craig Trudell who helps understand how and why the global electronic vehicle transition is unraveling. Then, in a twist move, Truth Social parent company, Trump Media & Technology Group, merged with TAE Technologies, a fusion power company. The hosts and Craig unpack the motivations behind the deal for these strange bedfellows. And finally, don’t you just love a familiar, non-threatening protagonist who falls in love with a someone who embodies local virtue thanks to a Christmas adjacent inciting incident? You’re not alone! The hosts and Craig discuss the booming business of Hallmark movie tours in CT and the key factors that go into these wildly popular made-for-tv movies. In the Slate Plus episode: What’s your dream gift?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: Disney has agreed to make a $1 billion equity investment in OpenAI along with a licensing deal setting limitations on the use of it’s IP on Sora. Felix Salmon, Elizabeth Spiers, and Emily Peck discuss this is a precedent-setting deal and how well OpenAI will actually be able to enforce the terms of the licensing agreement. Then, the hosts examine the likelihood of rumored tech IPOs that could be more than $1 trillion each, including Elon Musk' s SpaceX. And finally, Instacart’s variable prices signal a growing trend toward dynamic pricing for everything from eggs to soccer tickets. The hosts dive into the threat of companies using our personal data to set individual prices and what’s being done to prevent it. In the Slate Plus episode: Musk and Bezos’s data centers head to space?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.Get 50% Off Monarch Money, the all-in-one financial tool at www.monarchmoney.com/SLATE Hosted on Acast. See acast.com/privacy for more information.
In this Money Talks: Elizabeth Spiers is joined by Tim Wu to discuss his new book, The Age of Extraction, which breaks down how we ended up with an economy dominated by Big Tech and its purely profit-seeking mindset. They’ll get into the slow erosion of optimism around the internet as a democratizing force, the state of antitrust enforcement in America, and what it might look like if we stop allowing big companies to nickel and dime the public unchecked.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: Netflix has agreed to acquire Warner Bros. Discovery. Felix Salmon, Elizabeth Spiers, and Emily Peck are joined by the New York Times’ Nicholas Kulish to discuss the ricochet effect of such a massive media merger on the film and television industries. Then, Michael and Susan Dell have announced a $6.25 billion donation to the so-called “Trump accounts” for children. Nick, who has been covering the story, helps the host unpack the motive behind this unusually massive donation and what these accounts represent to various parties. And finally, The Guardian has revealed wide-spread and insidious consumer-fraud at Dollar General and Family Dollar. The hosts and Nick dive into how the massive dollar store chains are ripping off their already financially stretched customers. In the Slate Plus episode: Is Zootopia the future of cinema? 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: Chicago Fed President Austan Goolsbee joins Felix Salmon, Elizabeth Spiers, and Emily Peck for an in-depth discussion on what exactly the Fed does. They’ll get into how voting and deliberation works at the FOMC, the different eras of the Fed’s communication strategy, his response to the Fed haters, and Data Dogs vs Data Cats. In the Slate Plus episode: Austan Goolsbee Interview Post-Mortem.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: The Wall Street Journal’s Heather Haddon joins Emily Peck to unpack her recent reporting on the fast food industry, including the reason we’re seeing the “Value Wars” play out at places like McDonalds and Chili’s, Starbuck’s strategies to revive sales, and the intense drive-thru operations research being done by Chik-fil-A.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: Larry Summers has stepped down from his public positions following the release of unsavory emails he exchanged with Jeffrey Epstein. Felix Salmon, Elizabeth Spiers, and Emily Peck discuss Summers’ correspondence with the infamous sex trafficker, the veracity of his “genius” reputation, and his beef with Felix. Then, Meta has won its anti-trust case, highlighting the current struggle to regulate Big Tech. The hosts examine the landscape of anti-trust efforts in the US and whether it is the correct tool for regulating tech behemoths. Then, everyone is talking about the “AI bubble” right now, but what does that actually mean? The hosts break down the state of the AI market and whether or not calling it a “bubble” is the right way to think about it. In the Slate Plus episode: Thanksgiving Hot Takes!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: FHFA director Bill Pulte convinced Trump to back 50-year mortgages with some posterboard and a photo of FDR. Felix Salmon, Elizabeth Spiers, and Emily Peck, discuss why Trump’s post about 50-year mortgages angered conservatives – officials and voters alike – and why they’re more of a hindrance than a solution to the housing crisis. Then, the White House is considering limiting the power of proxy advisers and index-fund managers on shareholder voting. The hosts explain what this would mean for shareholders and how billionaires like Elon Musk and Jamie Dimon, vocal opponents of these firms, stand to gain even more power if they do. Then finally, Robinhood has announced a new service that delivers cash to your door and the hosts ponder the use cases and mechanics of such a thing. In the Slate Plus episode: Can You Do That With a Comma?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.Get 50% Off Monarch Money, the all-in-one financial tool at www.monarchmoney.com/SLATE Hosted on Acast. See acast.com/privacy for more information.
In a new, very special, Death, Sex and Money and Slate Money crossover, Felix Salmon and Anna Sale are once again joined by Felix’s financial advisor Adrianna Adams from Domain Money to talk about…parents. They dig into the emotions of trying to take care of your aging parents while also growing your own wealth, the importance of setting goals, and to do with aging children AND aging parents at the same time, and so much more. Plus! Rent or buy?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 Cheyna Roth. Video production by Micah Phillips. Hosted on Acast. See acast.com/privacy for more information.
In this Money Talks: Elizabeth Spiers is joined by Anna Gifty Opoku-Agyeman, to discuss her book The Double Tax: How Women of Color Are Overcharged and Underpaid. They discuss Anna’s extensive research into how racism and sexism create real economic barriers in the US, why it’s not just women of color who should be worried about this disturbing trend, and what can actually be done about it.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: Trump’s team has argued to the Supreme Court that his tariffs weren’t about raising revenue, despite his many previous claims to the contrary. Felix Salmon, Elizabeth Spiers, Emily Peck, and guest Jeff Horwitz of Reuters, discuss whether this argument will hold against the law that says only Congress has the right to raise revenue via tariffs and taxes, or if the Supreme Court will agree with the many lower courts that have deemed these tariffs illegal. Then, Jeff breaks down his deep dive into the documents that not only reveal that Meta platforms are rife with fraudulent ads they have failed to block, but also how the company is ultimately profiting from the proliferation of these scams. And finally, the ultimate ode to billionaire whimsy looks to be over before it can begin. The hosts and Jeff discuss the many reasons Mohammed bin Salman’s outlandish plans for a megacity in the desert have failed to be realized.In the Slate Plus episode: Happy Ham Season to 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.
In a new, very special, Death, Sex and Money and Slate Money crossover, Felix Salmon and Anna Sale dig into the stressful world of financial advice and planning for retirement. How do you know if you’re set up financially to retire? Is it possible to think about retirement without having a panic attack? How much should you track your 401k? What apps should I delete? They’re joined by Felix’s financial advisor Adrianna Adams from Domain Money, to dig into these questions and so much more.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 Cheyna Roth. Video production by Micah Phillips. Hosted on Acast. See acast.com/privacy for more information.
This week: OpenAI has moved away from being run as a non-profit. Felix Salmon, Elizabeth Spiers, and Emily Peck discuss the stated reasons behind the move and what it actually means to be a not-for-profit company. Then, the rates for next year's Affordable Care Act marketplace insurance have come out, and the prices have skyrocketed, reflecting an increase in healthcare costs across the board in the US. The hosts examine the reasons for this depressing trend. And finally, lovers of Maurizio Cattelan’s “America”, rejoice. Though his original piece was stolen, it turned out there was a spare 14k gold toilet all along and it will be auctioned off at Sotheby’s amid record high gold prices. In the Slate Plus episode: AI Job Apocalypse…Now?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 a new, very special, Death, Sex and Money and Slate Money crossover, Felix Salmon and Anna Sale dig into the difficult decision of whether or not to have kids. Child care? School? New vehicle? All the baby gadgets? Kids are expensive! Felix is famously childless, Anna has a couple kids on the older side. Between the two of them they dig into their decisions to have and not have kids (including Anna’s family’s decision to have TWO kids), the budgeting and balancing of all the emotional and financial costs of kids, how kids can be a benefit later in life, and more.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 Cheyna Roth. Video production by Micah Phillips. Hosted on Acast. See acast.com/privacy for more information.
In this Money Talks: Emily Peck and Felix Salmon are joined by legal scholar Ray D. Madoff to discuss her new book The Second Estate: How the Tax Code Made an American Aristocracy. Ray lays out how the US tax code favors the wealthy to an unbelievable degree, helping them to essentially opt out of the system altogether. 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: A spectacular heist unfolded at the Louvre, with thieves stealing priceless jewels within 7 minutes in broad daylight. Felix Salmon, Elizabeth Spiers, and Emily Peck unpack what happened, why the world was so delighted by this particular crime, and the reasons the thieves might not get that big of a big score in the end. Then, ADP has decided to refrain from giving the Fed special data access, exacerbating the data shortage amid the government shutdown. The hosts discuss why this is happening along with the other effects of this drawn out Federal standstill. And finally, some Silicon Valley companies are adopting a controversial work schedule that originated in China known as 996 wherein employees work from 9am-9pm 6 days a week. The hosts delve into this concerning trend and how the AI arms race is changing things in Silicon Valley.In the Slate Plus episode: The hosts share their favorite heist movies.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.Get 50% Off Monarch Money, the all-in-one financial tool at www.monarchmoney.com/SLATE Hosted on Acast. See acast.com/privacy for more information.
This week: The downfall of First Brands and Tricolor has led to finger-pointing between banks and private credit firms. Felix Salmon, Elizabeth Spiers, and Emily Peck discuss whether these fraud-related bankruptcies are a sign of major issues to come within the credit market. Then, car prices and sales are up across the board. The hosts cover the state of the auto industry, the spike in EV sales caused by expiring incentives, and what it’s like to own a Crybertruck these days. And finally, QQQ is probably the only ETF you’ve heard of thanks to its aggressive advertising. The hosts explain the unusual structure of the wildly successful ETF that led to a Super Bowl ad level marketing budget but very little profit for its own trustee Invesco.In the Slate Plus episode: What the heck is going on with matcha prices??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: Felix Salmon and Elizabeth Spiers are joined by journalist Andrew Ross Sorkin to discuss his new book 1929, a detailed account of what led to Wall Street’s most devastating crash. They’ll discuss the lessons we should keep from the systemic failure that resulted in the Great Depression and why the knowledge feels as relevant as ever today. 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: The price of gold has skyrocketed to over $4k an ounce. Felix Salmon, Elizabeth Spiers, and Emily Peck speculate why this might be happening right now – or if there even is a “why”. Then, Intercontinental Exchange has announced an investment of $2 billion in Polymarket, upping the valuation from $1 billion to $8 billion. The hosts discuss what makes prediction markets so big right now and the increasingly murky distinction between "betting” and “investing”. And finally, several Bob Ross paintings are being auctioned for charity prompting a Slate Money listener to ask what the market is for his work. Felix breaks down the oddity that is the Bob Ross painting market and explains how charity auctions can skew the value of a piece of art. In the Slate Plus episode: Emily goes on a reporting journey to figure out what the new phrase ‘6-7’ is all about. 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 Salmon finally gets to nerd out on Argentina's economy as Trump goes against the GOP playbook by bailing the country out to the tune of $20 billion. Felix, Elizabeth Spiers, and Emily Peck break down why this is such an unusual move, how it shows Trump’s favoritism, and what it means for America’s soy farmers. Then, the US government has officially shut down but stocks are soaring. The hosts talk about who, if not Wall Street, is economically impacted by the shutdown. And finally, Jared Kushner helped broker a record-breaking $55 billion private equity deal for Electronic Arts that includes Saudi Arabia's Public Investment Fund. Do we care if the Saudis own a controlling stake of the gaming giant?In the Slate Plus episode: What number is Felix thinking of? 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,Get 50% Off Monarch Money, the all-in-one financial tool at www.monarchmoney.com/SLATE Hosted on Acast. See acast.com/privacy for more information.
In this Money Talks: Felix Salmon is joined by Doug Woodham, author of the upcoming biography Jean-Michel Basquiat: The Making of an Icon, to discuss Basquiat’s path to becoming a darling of the art market. They discuss the idiosyncrasies of the art market and why Basquiat – the “Jimi Hendrix” of the art world – was initially undervalued but later became part of the modern day art canon. 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: NVIDIA has announced a $100 billion investment in OpenAI to help build out data centers equipped with NVIDIA chips. Felix Salmon, Elizabeth Spiers, and Emily Peck, joined by Bloomberg’s Max Chafkin, examine the complexities of this massive deal and why it might feed the argument that the AI boom is a bubble. Then,Trump has announced a $100,000 fee for H-1B visas.They discuss how the clunky rollout of this plan has caused chaos and what it signals about the administration's immigration goals. And finally, Max explains how a parody of Enron that turned into a memecoin fiasco. In the Slate Plus episode: Digging into the 0.01% ruleWant 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: The Fed announced an expected rate cut with an unexpected dissent. Felix Salmon, Elizabeth Spiers, and Emily Peck are joined by Axios’ Neil Irwin who breaks down why the Fed meeting was so unusual – thanks to the very recent Trump appointee Stephen Miran– and what it means for the future of the central bank. Then, AMEX announced an increase that brings their Platinum fee to $895. Neil and the hosts reflect on the trend of making credit cards more and more premium and explain why you should think again before signing up. And finally, Publishers Clearing House filed for bankruptcy and its new owner ARB Interactive has said it won’t be honoring the “lifetime” winners from before July 15 of this year. What will happen to the people who have built their lives around those payouts?In the Slate Plus episode: Labubus, the Avatar of 2025? 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.Get 50% Off Monarch Money, the all-in-one financial tool at www.monarchmoney.com/SLATE Hosted on Acast. See acast.com/privacy for more information.
In this Money Talks: Elizabeth Spiers is joined by Pulitzer Prize-winning journalist Gary Rivlin to discuss his book AI Valley, a deep dive into the Silicon Valley companies that are competing to create the best–and most profitable–AI model. Gary has been covering the tech world for decades and has seen the major players in this arms race evolve over that time. He discusses the perspectives of the companies competing for AI superiority, what we should and shouldn’t be worried about when it comes to this technology, and how he sees the AI boom playing out. 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: ICE raided a Hyundai plant in Georgia. Felix Salmon, Elizabeth Spiers, and Emily Peck discuss the somewhat hamfisted raid that detained hundreds of South Korean workers–disrupting both Hyundai’s operations and the local economy–and the potential fallout if foreign companies see this as a reason to avoid investing in the US. Then, Oracle’s stock surged this week thanks to its AI deals, bringing it close to a trillion dollar valuation and briefly making Larry Ellison the richest man in the world. They dive into Oracle actually does and whether it’s really worth the rarified distinction of being a trillion dollar company. And finally, JP Morgan is about to open its incredibly fancy new headquarters at 270 Park Avenue and Felix hates it. The hosts discuss the landscape of massive bank buildings in New York City and the extremely plush amenities 270 Park will be offering to keep workers on site. In the Slate Plus episode: Zuckerberg (Mark E.) v. Zuckerberg (Mark S.)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.