Slate Money

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...

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...

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. P...

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 t...

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 p...

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 th...

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...

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 a...

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 finan...

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 i...

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...

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...

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 da...

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...

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 b...

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 no...

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 soarin...

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 S...

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 th...

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....

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 th...

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,...

This week: Tesla offered Elon Musk an incentive package worth a trillion dollars.   Felix Salmon , Elizabeth Spiers , and Emily Peck discuss Tesla's motivation and why Musk, already the richest man in the world, would be tempted by the outrageous number. Then, the big antitrust case against Google went out with a whimper, with the Judge ruling that they are a monopoly but they don’t need to break...

In this Money Talks: Felix Salmon is joined by author and New York Times reporter David Gelles to discuss his new biography of enigmatic Patagonia founder Yvon Chouinard, Dirtbag Billionaire . David does a deep dive into what makes the brand and its founder so unique, including the paradoxes of a wildly successful company trying to remain environmentally sustainable and a billionaire who believes...

This week: Fed governor Lisa Cook is suing the Trump administration over her dismissal. Felix Salmon , Elizabeth Spiers , and Emily Peck , along with guest Kashmir Hill of The New York Times , discuss the weak fraud case being used to oust the Biden-appointed Fed governor and its significance in the fight to preserve the independence of the Federal Reserve. Then, Kashmir goes in depth on the many...