Slate Money

<p>This week: The new book <a href="https://williamcohan.com/books/release/money-to-burn/" rel="noopener noreferrer" target="_blank"><em>Money to Burn</em></a> goes deep on private-equity behemoth Apollo Global Management and its billionaire cofounder and former CEO, Leon Black. <a href="https://bsky.app/profile/did:plc:zxqezqfhjwidbrsvk66ded57" rel="noopener noreferrer" target="_blank">Felix Salmon</a>, <a href="https://www.elizabethspiers.com/" rel="noopener noreferrer" target="_blank">Elizabeth Spiers</a>, and <a href="https://www.axios.com/authors/epeck" rel="noopener noreferrer" target="_blank">Emily Peck</a> are joined by author <a href="https://williamcohan.com/" rel="noopener noreferrer" target="_blank">William D. Cohan </a>to talk about his reporting on Black’s investment empire and what it means for Wall Street to be dominated by private equity. They also get into Black’s tragic origin story, messy personal scandals, and strange friendship with Jeffrey Epstein.</p><br><p>In the Slate Plus episode: Your $5K Check’s in the Mail</p><br><p>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<a href="https://podcasts.apple.com/us/podcast/slate-money/id876523888" rel="noopener noreferrer" target="_blank"> Apple Podcasts</a> and<a href="https://open.spotify.com/show/2AgxNbNcUOckZSww9mk8mX" rel="noopener noreferrer" target="_blank"> Spotify</a>. Or, visit<a href="https://slate.com/podcast-plus?utm_medium=link&amp;utm_campaign=plus_pod&amp;utm_content=Money&amp;utm_source=episode_summary" rel="noopener noreferrer" target="_blank"> slate.com/moneyplus</a> to get access wherever you listen. </p><br><p>Podcast production by Jessamine Molli.</p><br><p><br></p><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

<p>This week: Nvidia joined Silicon Valley’s A.I. investment frenzy and bought Hugging Face for $12.93 billion. <a href="https://bsky.app/profile/did:plc:zxqezqfhjwidbrsvk66ded57" rel="noopener noreferrer" target="_blank">Felix Salmon</a>, <a href="https://www.elizabethspiers.com/" rel="noopener noreferrer" target="_blank">Elizabeth Spiers</a>, and <a href="https://www.axios.com/authors/epeck" rel="noopener noreferrer" target="_blank">Emily Peck</a> discuss what this deal signals about the astounding amounts of money being thrown around the relatively niche market of A.I. investment. Then, bond yields are on the rise and the hosts discuss why global concern is rising with them. And finally, what do George Santos and Steve Ballmer have in common? Felix will explain.</p><br><p>In the Slate Plus episode: The $500 A.I.-powered Mouth Camera</p><br><p>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<a href="https://podcasts.apple.com/us/podcast/slate-money/id876523888" rel="noopener noreferrer" target="_blank"> Apple Podcasts</a> and<a href="https://open.spotify.com/show/2AgxNbNcUOckZSww9mk8mX" rel="noopener noreferrer" target="_blank"> Spotify</a>. Or, visit<a href="https://slate.com/podcast-plus?utm_medium=link&amp;utm_campaign=plus_pod&amp;utm_content=Money&amp;utm_source=episode_summary" rel="noopener noreferrer" target="_blank"> slate.com/moneyplus</a> to get access wherever you listen. </p><br><p>Podcast production by Jessamine Molli.</p><br><p><br></p><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

<p>One-hundred-million-year-old bones are <em>so</em> hot right now. In this Money Talks<em>, </em><a href="https://www.bloomberg.com/authors/APo9WbueZ4A/felix-salmon" rel="noopener noreferrer" target="_blank">Felix Salmon</a> is joined by Salomon Aaron, <a href="https://www.davidaaron.com/" rel="noopener noreferrer" target="_blank">director of an antiquities gallery</a> specializing in fossils, to explain everything you ever wanted to know about dealing in dinosaurs and why the market has exploded in recent years.</p><br><p>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<a href="https://podcasts.apple.com/us/podcast/slate-money/id876523888" rel="noopener noreferrer" target="_blank"> Apple Podcasts</a> and<a href="https://open.spotify.com/show/2AgxNbNcUOckZSww9mk8mX" rel="noopener noreferrer" target="_blank"> Spotify</a>. Or, visit<a href="https://slate.com/podcast-plus?utm_medium=link&amp;utm_campaign=plus_pod&amp;utm_content=Money&amp;utm_source=episode_summary" rel="noopener noreferrer" target="_blank"> slate.com/moneyplus</a> to get access wherever you listen. </p><br><p>Podcast production by Jessamine Molli.</p><br><p><br></p><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

<p>This week: Meta settles with the U.S. states suing the company over teen safety concerns. <a href="https://www.axios.com/authors/epeck" rel="noopener noreferrer" target="_blank">Emily Peck</a> and <a href="https://www.elizabethspiers.com/" rel="noopener noreferrer" target="_blank">Elizabeth Spiers</a> are joined by <a href="https://www.bloombergmedia.com/talent/people/scarlet-fu/" rel="noopener noreferrer" target="_blank">Scarlet Fu</a> of the new <a href="https://www.bloomberg.com/btv/series/bloomberg-money" rel="noopener noreferrer" target="_blank">Bloomberg Money</a> (while Felix is stuck on a tarmac somewhere in Canada) to discuss if Meta’s $17 billion settlement is as big of a deal as it sounds, and what this outcome really means for the social media guardrails overall. Then, they turn to the disastrous trade talks between the U.S. and Canada and how President Trump’s tactics have managed to piss off our friendliest ally. And finally, they’ll discuss why Treasury Secretary Scott Bessent’s latest market tinkering has everyone chiming in.</p><br><p>In the Slate Plus episode: The Big A.I. Writing Debate</p><br><p>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<a href="https://podcasts.apple.com/us/podcast/slate-money/id876523888" rel="noopener noreferrer" target="_blank"> Apple Podcasts</a> and<a href="https://open.spotify.com/show/2AgxNbNcUOckZSww9mk8mX" rel="noopener noreferrer" target="_blank"> Spotify</a>. Or, visit<a href="https://slate.com/podcast-plus?utm_medium=link&amp;utm_campaign=plus_pod&amp;utm_content=Money&amp;utm_source=episode_summary" rel="noopener noreferrer" target="_blank"> slate.com/moneyplus</a> to get access wherever you listen. </p><br><p>Podcast production by Jessamine Molli.</p><p><br></p><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

<p>This week: the Slate Money hosts ask all their burning A.I. questions to someone who can actually answer them. <a href="https://bsky.app/profile/did:plc:zxqezqfhjwidbrsvk66ded57" rel="noopener noreferrer" target="_blank">Felix Salmon</a>, <a href="https://www.elizabethspiers.com/" rel="noopener noreferrer" target="_blank">Elizabeth Spiers</a>, and <a href="https://www.axios.com/authors/epeck" rel="noopener noreferrer" target="_blank">Emily Peck</a> sit down with A.I. expert <a href="https://www.alephic.com/company/about" rel="noopener noreferrer" target="_blank">Noah Brier</a> and pick his brain about the reality of all our A.I. fears, the arms race with China, and how businesses are using it now.</p><br><p>In the Slate Plus episode: What’s Up With Robots?</p><br><p>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<a href="https://podcasts.apple.com/us/podcast/slate-money/id876523888" rel="noopener noreferrer" target="_blank"> Apple Podcasts</a> and<a href="https://open.spotify.com/show/2AgxNbNcUOckZSww9mk8mX" rel="noopener noreferrer" target="_blank"> Spotify</a>. Or, visit<a href="https://slate.com/podcast-plus?utm_medium=link&amp;utm_campaign=plus_pod&amp;utm_content=Money&amp;utm_source=episode_summary" rel="noopener noreferrer" target="_blank"> slate.com/moneyplus</a> to get access wherever you listen. </p><br><p>Podcast production by Jessamine Molli.</p><br><p><br></p><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

<p>In this Money Talks: <a href="https://budgetlab.yale.edu/person/martha-gimbel" rel="noopener noreferrer" target="_blank">Martha Gimble</a>, the Executive Director of the Budget Lab at Yale, joins <a href="https://www.elizabethspiers.com/" rel="noopener noreferrer" target="_blank">Elizabeth Spiers</a> to explain their recent report on early childhood education and care policies and how federal subsidies could realistically work to make these things affordable.</p><br><p>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<a href="https://podcasts.apple.com/us/podcast/slate-money/id876523888" rel="noopener noreferrer" target="_blank"> Apple Podcasts</a> and<a href="https://open.spotify.com/show/2AgxNbNcUOckZSww9mk8mX" rel="noopener noreferrer" target="_blank"> Spotify</a>. Or, visit<a href="https://slate.com/podcast-plus?utm_medium=link&amp;utm_campaign=plus_pod&amp;utm_content=Money&amp;utm_source=episode_summary" rel="noopener noreferrer" target="_blank"> slate.com/moneyplus</a> to get access wherever you listen. </p><br><p><br></p><p>Podcast production by Jessamine Molli.</p><br><p><br></p><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

<p>This week: The Treasury Department announced it’s killing an anti-corruption measure that requires shell companies to identify their beneficiaries. <a href="https://bsky.app/profile/did:plc:zxqezqfhjwidbrsvk66ded57" rel="noopener noreferrer" target="_blank">Felix Salmon</a>, <a href="https://www.elizabethspiers.com/" rel="noopener noreferrer" target="_blank">Elizabeth Spiers</a>, and <a href="https://www.axios.com/authors/epeck" rel="noopener noreferrer" target="_blank">Emily Peck</a> explain how a key aspect of the bipartisan Corporate Transparency Act ended up on the chopping block—and what lobbyists and the Trump administration stand to gain from its elimination. Then, the hosts discuss the billionaires who are buying themselves fun little treats like the L.A. Lakers and Broadway theaters. And later: how Italian bank vaults full of Parmigiano-Reggiano cheese are dealing with the extreme heat.</p><br><p>In the Slate Plus episode: What’s $6 Million Between Friends?</p><br><p>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<a href="https://podcasts.apple.com/us/podcast/slate-money/id876523888" rel="noopener noreferrer" target="_blank"> Apple Podcasts</a> and<a href="https://open.spotify.com/show/2AgxNbNcUOckZSww9mk8mX" rel="noopener noreferrer" target="_blank"> Spotify</a>. Or, visit<a href="https://slate.com/podcast-plus?utm_medium=link&amp;utm_campaign=plus_pod&amp;utm_content=Money&amp;utm_source=episode_summary" rel="noopener noreferrer" target="_blank"> slate.com/moneyplus</a> to get access wherever you listen. </p><br><p>Podcast production by Jessamine Molli.</p><br><p><br></p><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

<p>This week: On the heels of his recent story on the glut of <a href="https://www.bloomberg.com/news/features/2026-07-31/the-great-wealth-transfer-includes-1-trillion-in-art" rel="noopener noreferrer" target="_blank">art that baby boomers are leaving</a> to younger generations, <a href="https://bsky.app/profile/did:plc:zxqezqfhjwidbrsvk66ded57" rel="noopener noreferrer" target="_blank">Felix Salmon</a> talks with <a href="https://www.elizabethspiers.com/" rel="noopener noreferrer" target="_blank">Elizabeth Spiers</a> and <a href="https://www.axios.com/authors/epeck" rel="noopener noreferrer" target="_blank">Emily Peck</a> about why boomers like to collect things—from fine art to Pez dispensers—and why younger generations aren’t necessarily following suit. Then, the hosts look at why Scott Bessent decided to prop up the Japanese yen and what makes the move unusual. And finally, they talk about why <a href="https://www.businessinsider.com/weather-apps-rain-icon-small-businesses-summer-plans-2026-7" rel="noopener noreferrer" target="_blank">weather apps are ruining</a> our summer fun.</p><br><p>In the Slate Plus episode: The House That Loopholes Built</p><br><p>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<a href="https://podcasts.apple.com/us/podcast/slate-money/id876523888" rel="noopener noreferrer" target="_blank"> Apple Podcasts</a> and<a href="https://open.spotify.com/show/2AgxNbNcUOckZSww9mk8mX" rel="noopener noreferrer" target="_blank"> Spotify</a>. Or, visit<a href="https://slate.com/podcast-plus?utm_medium=link&amp;utm_campaign=plus_pod&amp;utm_content=Money&amp;utm_source=episode_summary" rel="noopener noreferrer" target="_blank"> slate.com/moneyplus</a> to get access wherever you listen. </p><br><p>Podcast production by Jessamine Molli.</p><br><p><br></p><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

<p>In this Money Talks: <a href="https://www.bloomberg.com/authors/APo9WbueZ4A/felix-salmon" rel="noopener noreferrer" target="_blank">Felix Salmon</a> sits down with <a href="https://3vb.com/barrister/lee-c-buchheit/" rel="noopener noreferrer" target="_blank">Lee Buchheit</a> for an in-depth chat on sovereign debt at a live event hosted by <a href="https://www.libraryofmistakes.com/" rel="noopener noreferrer" target="_blank">The Library of Mistakes</a>.&nbsp;</p><br><p>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<a href="https://podcasts.apple.com/us/podcast/slate-money/id876523888" rel="noopener noreferrer" target="_blank"> Apple Podcasts</a> and<a href="https://open.spotify.com/show/2AgxNbNcUOckZSww9mk8mX" rel="noopener noreferrer" target="_blank"> Spotify</a>. Or, visit<a href="https://slate.com/podcast-plus?utm_medium=link&amp;utm_campaign=plus_pod&amp;utm_content=Money&amp;utm_source=episode_summary" rel="noopener noreferrer" target="_blank"> slate.com/moneyplus</a> to get access wherever you listen. </p><br><p><br></p><p>Podcast production by Jessamine Molli.</p><br><p><br></p><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

<p>This week: Situational Awareness—an A.I.-forward hedge fund led by a former wunderkind and OpenAI employee—was tanking fast until a rival fund stepped in. <a href="https://bsky.app/profile/did:plc:zxqezqfhjwidbrsvk66ded57" rel="noopener noreferrer" target="_blank">Felix Salmon</a>, <a href="https://www.elizabethspiers.com/" rel="noopener noreferrer" target="_blank">Elizabeth Spiers</a>, and <a href="https://www.axios.com/authors/epeck" rel="noopener noreferrer" target="_blank">Emily Peck</a> explain the series of events that led to Citadel swooping in to buy the bulk of assets held by 25-year-old Leopold Aschenbrenner’s investment firm. Then, it’s time to talk about the “crack spread”—aka the reason we aren’t seeing relief at the gas stations despite steadying oil prices. And finally, the hosts discuss the backlash to the SEC’s proposal to do away with its quarterly report requirement.&nbsp;</p><br><p>In the Slate Plus episode: Is Cheaper Gas Worth Your Time?</p><br><p><em>After publication Citadel reached out with the following corrections and points of clarification:</em></p><br><p><br></p><ul><li>Citadel, the hedge fund, executed the Situational Awareness trade, not Citadel Securities.</li><li>Citadel Securities is a market maker, not a bank.&nbsp;</li><li>Citadel Securities’ Frank Flight, Head of Macro Strategy, released his <a href="https://www.citadelsecurities.com/news-and-insights/global-macro-strategy/fed-views-the-case-for-july/" rel="noopener noreferrer" target="_blank">July</a> analysis on the potential Fed rate hike.</li><li>Citadel and Citadel Securities are separate companies; Ken Griffin does not serve as the Chief Executive Officer of Citadel Securities. While founded by Ken, Citadel Securities’ Chief Executive Officer is Peng Zhao.</li></ul><p><br></p><p>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<a href="https://podcasts.apple.com/us/podcast/slate-money/id876523888" rel="noopener noreferrer" target="_blank"> Apple Podcasts</a> and<a href="https://open.spotify.com/show/2AgxNbNcUOckZSww9mk8mX" rel="noopener noreferrer" target="_blank"> Spotify</a>. Or, visit<a href="https://slate.com/podcast-plus?utm_medium=link&amp;utm_campaign=plus_pod&amp;utm_content=Money&amp;utm_source=episode_summary" rel="noopener noreferrer" target="_blank"> slate.com/moneyplus</a> to get access wherever you listen.</p><br><p>Podcast production by Jessamine Molli.</p><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

<p>This week: The term “explosive diarrhea” captured the nation's attention, turning all eyes toward the company linked to a major cyclosporiasis outbreak. <a href="https://bsky.app/profile/did:plc:zxqezqfhjwidbrsvk66ded57" rel="noopener noreferrer" target="_blank">Felix Salmon</a>, <a href="https://www.elizabethspiers.com/" rel="noopener noreferrer" target="_blank">Elizabeth Spiers</a>, and <a href="https://www.axios.com/authors/epeck" rel="noopener noreferrer" target="_blank">Emily Peck</a> discuss the much-talked about food poisoning story and the PR flubs of Trump-aligned Taylor Farms. Then, the hosts give an update on Trump’s latest attempt to keep his beloved tariffs alive after the Supreme Court ruled his original plan illegal. And finally, they react to the Japanese prime minister’s recent claim of sleeping zero to three hours a night.</p><br><p>In the Slate Plus episode: Is Diet Coke embracing “fridge cigarettes"?&nbsp;</p><br><p>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<a href="https://podcasts.apple.com/us/podcast/slate-money/id876523888" rel="noopener noreferrer" target="_blank"> Apple Podcasts</a> and<a href="https://open.spotify.com/show/2AgxNbNcUOckZSww9mk8mX" rel="noopener noreferrer" target="_blank"> Spotify</a>. Or, visit<a href="https://slate.com/podcast-plus?utm_medium=link&amp;utm_campaign=plus_pod&amp;utm_content=Money&amp;utm_source=episode_summary" rel="noopener noreferrer" target="_blank"> slate.com/moneyplus</a> to get access wherever you listen. </p><br><p>Podcast production by Jessamine Molli.</p><br><p><br></p><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

<p>In this Money Talks: <a href="https://www.elizabethspiers.com/" rel="noopener noreferrer" target="_blank">Elizabeth Spiers</a> talks to journalist <a href="https://www.bethgardiner.com/bio" rel="noopener noreferrer" target="_blank">Beth Gardiner</a> about her expose of the plastic industry, <a href="https://books.apple.com/us/book/plastic-inc/id6746371568?itscg=30200&amp;itsct=books_box_link&amp;mttnsubad=6746371568&amp;at=1000l38Mz&amp;ct=money-talks" rel="noopener noreferrer" target="_blank">Plastic Inc.</a> They’ll get into the unsettling history behind the now ubiquitous material and how Big Oil has managed to hide in plain sight, shifting the burden of plastic waste onto consumers.&nbsp;</p><br><p>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<a href="https://podcasts.apple.com/us/podcast/slate-money/id876523888" rel="noopener noreferrer" target="_blank"> Apple Podcasts</a> and<a href="https://open.spotify.com/show/2AgxNbNcUOckZSww9mk8mX" rel="noopener noreferrer" target="_blank"> Spotify</a>. Or, visit<a href="https://slate.com/podcast-plus?utm_medium=link&amp;utm_campaign=plus_pod&amp;utm_content=Money&amp;utm_source=episode_summary" rel="noopener noreferrer" target="_blank"> slate.com/moneyplus</a> to get access wherever you listen. </p><br><p><br></p><p>Podcast production by Jessamine Molli.</p><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

<p>This week: New York Gov. Kathy Hochul put a statewide moratorium on building A.I. data centers. <a href="https://bsky.app/profile/did:plc:zxqezqfhjwidbrsvk66ded57" rel="noopener noreferrer" target="_blank">Felix Salmon</a>, <a href="https://www.elizabethspiers.com/" rel="noopener noreferrer" target="_blank">Elizabeth Spiers</a>, and <a href="https://www.axios.com/authors/epeck" rel="noopener noreferrer" target="_blank">Emily Peck</a> discuss the decision and how the rush to build data centers is driving up energy costs. Then, the hosts explain how a new law–which removes an existing requirement for mobile-home construction–might help the affordable-housing crisis. And finally:what the hell is going on in the South Korean stock market?</p><br><p>In the Slate Plus episode: Banks are making bank.</p><br><p>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<a href="https://podcasts.apple.com/us/podcast/slate-money/id876523888" rel="noopener noreferrer" target="_blank"> Apple Podcasts</a> and<a href="https://open.spotify.com/show/2AgxNbNcUOckZSww9mk8mX" rel="noopener noreferrer" target="_blank"> Spotify</a>. Or, visit<a href="https://slate.com/podcast-plus?utm_medium=link&amp;utm_campaign=plus_pod&amp;utm_content=Money&amp;utm_source=episode_summary" rel="noopener noreferrer" target="_blank"> slate.com/moneyplus</a> to get access wherever you listen. </p><br><p>Podcast production by Jessamine Molli.</p><br><p><br></p><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

<p>This week: The company buying up legacy brands like AOL, Evernote, and Vimeo had a huge IPO with shares immediately surging by 40%. <a href="https://bsky.app/profile/did:plc:zxqezqfhjwidbrsvk66ded57" rel="noopener noreferrer" target="_blank">Felix Salmon</a>, <a href="https://www.elizabethspiers.com/" rel="noopener noreferrer" target="_blank">Elizabeth Spiers</a>, and guest host <a href="https://www.bloomberg.com/authors/AVZzpovkuCs/stacymarie-ishmael" rel="noopener noreferrer" target="_blank">Stacy-Marie Ishmael</a> discuss the Milan-based company’s strategy and unexpected success. Then, the hosts look at how prediction markets are booming during the World Cup. And later: why Bitcoin’s plummeting price is costing Eric Trump hundreds of million of dollars.</p><br><p>In the Slate Plus episode: All Berries, All The Time&nbsp;</p><br><p>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<a href="https://podcasts.apple.com/us/podcast/slate-money/id876523888" rel="noopener noreferrer" target="_blank"> Apple Podcasts</a> and<a href="https://open.spotify.com/show/2AgxNbNcUOckZSww9mk8mX" rel="noopener noreferrer" target="_blank"> Spotify</a>. Or, visit<a href="https://slate.com/podcast-plus?utm_medium=link&amp;utm_campaign=plus_pod&amp;utm_content=Money&amp;utm_source=episode_summary" rel="noopener noreferrer" target="_blank"> slate.com/moneyplus</a> to get access wherever you listen. </p><br><p>Podcast production by Jessamine Molli.</p><br><p><br></p><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

<p>In this Money Talks: Felix Salmon is joined by Nobel Prize winning-economist <a href="https://www.hbs.edu/faculty/Pages/profile.aspx?facId=6594" rel="noopener noreferrer" target="_blank">Alvin Roth</a> to discuss his new book, <a href="https://www.hachettebookgroup.com/titles/alvin-e-roth/moral-economics/9781668658161/?lens=publicaffairs" rel="noopener noreferrer" target="_blank"><em>Moral Economics</em></a>, which uses controversial topics—like prostitution and organ sales—to explore how morality shapes a market … and how we can apply economics lessons to big ethical issues.</p><br><p>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<a href="https://podcasts.apple.com/us/podcast/slate-money/id876523888" rel="noopener noreferrer" target="_blank"> Apple Podcasts</a> and<a href="https://open.spotify.com/show/2AgxNbNcUOckZSww9mk8mX" rel="noopener noreferrer" target="_blank"> Spotify</a>. Or, visit<a href="https://slate.com/podcast-plus?utm_medium=link&amp;utm_campaign=plus_pod&amp;utm_content=Money&amp;utm_source=episode_summary" rel="noopener noreferrer" target="_blank"> slate.com/moneyplus</a> to get access wherever you listen. </p><br><p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p><p>Podcast production by Jessamine Molli.</p><p><strong>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</strong></p><br><p><br></p><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

<p><a href="https://bsky.app/profile/did:plc:zxqezqfhjwidbrsvk66ded57" rel="noopener noreferrer" target="_blank">Felix Salmon</a>, <a href="https://www.elizabethspiers.com/" rel="noopener noreferrer" target="_blank">Elizabeth Spiers</a>, and <a href="https://www.axios.com/authors/epeck" rel="noopener noreferrer" target="_blank">Emily Peck</a> are joined by Reuters Media Editor <a href="https://www.reuters.com/authors/edmund-lee/" rel="noopener noreferrer" target="_blank">Edmund Lee</a> to revisit their <a href="https://slate.com/podcasts/slate-money/2016/10/slate-money-talks-at-ts-time-warner-merger-plans-ceta-and-buzzy-tech-companies" rel="noopener noreferrer" target="_blank">2016 predictions for the Comcast/NCBUniversal merge</a>r, now that the companies have announced their split. Then, they explore how the World Cup fits into our very American media landscape. And finally, the hosts look at Donald Trump’s latest mandatory earnings disclosure, which revealed that he’s made over a billion dollars on crypto ventures since his reelection.&nbsp;</p><br><p>In the Slate Plus episode: Oh No! The Anchovies!</p><br><p>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<a href="https://podcasts.apple.com/us/podcast/slate-money/id876523888" rel="noopener noreferrer" target="_blank"> Apple Podcasts</a> and<a href="https://open.spotify.com/show/2AgxNbNcUOckZSww9mk8mX" rel="noopener noreferrer" target="_blank"> Spotify</a>. Or, visit<a href="https://slate.com/podcast-plus?utm_medium=link&amp;utm_campaign=plus_pod&amp;utm_content=Money&amp;utm_source=episode_summary" rel="noopener noreferrer" target="_blank"> slate.com/moneyplus</a> to get access wherever you listen. </p><br><p>Podcast production by Jessamine Molli.</p><br><p><br></p><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

<p>This week: Former Federal Reserve Chairman Alan Greenspan passed away at the age of 100. Today: <a href="https://bsky.app/profile/did:plc:zxqezqfhjwidbrsvk66ded57" rel="noopener noreferrer" target="_blank">Felix Salmon</a>, <a href="https://www.elizabethspiers.com/" rel="noopener noreferrer" target="_blank">Elizabeth Spiers</a>, and <a href="https://www.axios.com/authors/epeck" rel="noopener noreferrer" target="_blank">Emily Peck</a> examine Greenspan’s&nbsp;legacy and the way it’s being emulated by the Fed’s current chair, Kevin Warsh. Then, the hosts discuss succession at JPMorgan now that CEO Jamie Dimon’s latest heir apparent, Marianne Lake, has left the company. And finally they look at the latest PowerPoint from SoftBank’s Masayoshi Son and try to understand <a href="https://group.softbank/media/Project/sbg/sbg/pdf/ir/investors/shareholders/2026/shareholders-meeting_46_05_en.pdf" rel="noopener noreferrer" target="_blank">if a goose has value and if eggs can lay more eggs.&nbsp;</a></p><br><p>In the Slate Plus episode: The New Meme Stock on the Block</p><br><p>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<a href="https://podcasts.apple.com/us/podcast/slate-money/id876523888" rel="noopener noreferrer" target="_blank"> Apple Podcasts</a> and<a href="https://open.spotify.com/show/2AgxNbNcUOckZSww9mk8mX" rel="noopener noreferrer" target="_blank"> Spotify</a>. Or, visit<a href="https://slate.com/podcast-plus?utm_medium=link&amp;utm_campaign=plus_pod&amp;utm_content=Money&amp;utm_source=episode_summary" rel="noopener noreferrer" target="_blank"> slate.com/moneyplus</a> to get access wherever you listen.</p><br><p>Podcast production by Jessamine Molli.</p><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

<p>In this Money Talks: <a href="https://www.axios.com/authors/epeck" rel="noopener noreferrer" target="_blank">Emily Peck</a> sits down with <a href="https://www.ft.com/soumaya-keynes" rel="noopener noreferrer" target="_blank">Soumaya Keynes</a> and <a href="https://www.piie.com/experts/senior-research-staff/chad-p-bown" rel="noopener noreferrer" target="_blank">Chad P. Bown</a>, co-authors of <a href="https://www.simonandschuster.com/books/How-to-Win-a-Trade-War/Soumaya-Keynes/9781668221310" rel="noopener noreferrer" target="_blank"><em>How to Win a Trade War</em></a>, to discuss how recent conflicts have changed the rules of international trade and which strategy they believe is the key to “winning” a modern trade war.&nbsp;&nbsp;</p><br><p>Podcast production by Jessamine Molli.</p><p><br></p><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

<p>This week: We saw just how many people are willing to invest in Elon Musk. <a href="https://bsky.app/profile/did:plc:zxqezqfhjwidbrsvk66ded57" rel="noopener noreferrer" target="_blank">Felix Salmon</a>, <a href="https://www.elizabethspiers.com/" rel="noopener noreferrer" target="_blank">Elizabeth Spiers</a>, and <a href="https://www.axios.com/authors/epeck" rel="noopener noreferrer" target="_blank">Emily Peck</a>, look at what makes SpaceX’s massive IPO so strange and why investors are willing to overlook things like Musk’s obsession with going to Mars. Then, they discuss Donald Trump’s deal with Iran and what the war has done to Iran’s economy. And finally, Emily unpacks the origin of tobacco-bonds and why they’re now failing.</p><br><p>In the Slate Plus episode: What if your digital secrets got out?</p><br><p>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<a href="https://podcasts.apple.com/us/podcast/slate-money/id876523888" rel="noopener noreferrer" target="_blank"> Apple Podcasts</a> and<a href="https://open.spotify.com/show/2AgxNbNcUOckZSww9mk8mX" rel="noopener noreferrer" target="_blank"> Spotify</a>. Or, visit<a href="https://slate.com/podcast-plus?utm_medium=link&amp;utm_campaign=plus_pod&amp;utm_content=Money&amp;utm_source=episode_summary" rel="noopener noreferrer" target="_blank"> slate.com/moneyplus</a> to get access wherever you listen. </p><br><p>Podcast production by Jessamine Molli and Cheyna Roth</p><br><p><br></p><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

<p>This week: Inflation hit its highest rate in three years thanks to skyrocketing energy prices. <a href="https://bsky.app/profile/did:plc:zxqezqfhjwidbrsvk66ded57" rel="noopener noreferrer" target="_blank">Felix Salmon</a>, <a href="https://www.elizabethspiers.com/" rel="noopener noreferrer" target="_blank">Elizabeth Spiers</a>, and <a href="https://www.axios.com/authors/epeck" rel="noopener noreferrer" target="_blank">Emily Peck</a>, parse through what the various inflation numbers mean and discuss the Fed’s and Donald Trump’s blasé reaction to the situation. Then, with the trustees warning of its depletion by 2032, the hosts talk about the possible consequences of losing Social Security. And finally, they look at the natural experiment that revealed the unexpected connection between the iPhone and lower birth rates.&nbsp;</p><br><p>In the Slate Plus episode: Is Anthropic vs OpenAI the new Coke vs Pepsi?</p><br><p>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<a href="https://podcasts.apple.com/us/podcast/slate-money/id876523888" rel="noopener noreferrer" target="_blank"> Apple Podcasts</a> and<a href="https://open.spotify.com/show/2AgxNbNcUOckZSww9mk8mX" rel="noopener noreferrer" target="_blank"> Spotify</a>. Or, visit<a href="https://slate.com/podcast-plus?utm_medium=link&amp;utm_campaign=plus_pod&amp;utm_content=Money&amp;utm_source=episode_summary" rel="noopener noreferrer" target="_blank"> slate.com/moneyplus</a> to get access wherever you listen. </p><br><p>Podcast production by Jessamine Molli.</p><br><p><br></p><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>