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A weekly roundup of the most important stories from the worlds of business and finance, hosted by Felix Salmon. Want more Slate Money? Subscribe to Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. Subscribe now on Apple Podcasts by clicking “Try Free” at the top of our show page. Or, visit https://slate.com/moneyplus to get access wherever you listen.

Location:

United States

Networks:

Slate

Description:

A weekly roundup of the most important stories from the worlds of business and finance, hosted by Felix Salmon. Want more Slate Money? Subscribe to Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. Subscribe now on Apple Podcasts by clicking “Try Free” at the top of our show page. Or, visit https://slate.com/moneyplus to get access wherever you listen.

Language:

English


Episodes
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Eggistential Crisis

3/8/2025
This week: Trump’s tariffs on Mexico, Canada and China went into effect – only for him to turn around and suspend many of them. Felix Salmon, Emily Peck, and Elizabeth Spiers discuss Trump’s love of tariffs and the political effects of his trade war. Then, Egg Watch gets a whole segment this week as Chenya Roth joins to discuss the economics of egg demand and the question of if eggs even should be super cheap. And finally, an elaborate scheme to buy every lottery ticket and guarantee a jackpot went down in Texas. The hosts debate whether there is actually anything wrong with that. In the Slate Plus episode: The Trump bump has become quite a slump 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. Learn more about your ad choices. Visit megaphone.fm/adchoices

Duration:00:54:20

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Money Talks: The American Myth of Hard Work

3/4/2025
In this Money Talks: Emily Peck is joined by journalist and author Adam Chandler to discuss what he discovered about how Americans think about work while writing his book 99% Perspiration. They’ll get into America's often misguided and misinformed obsession with rugged individualism, the long-term effects of de-emphasizing community, and of course, Emily in Paris. 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. Learn more about your ad choices. Visit megaphone.fm/adchoices

Duration:00:41:22

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Trump Math & Techno-Fascism

3/1/2025
This week: Trump has proposed a $5 million “gold card” for US citizenship, suggesting that the US could sell 10 million of them to pay off the national debt. Felix Salmon, Emily Peck, and Elizabeth Spiers discuss the logic behind this considering the similar programs that already exist and the possible pool of candidates. Then, they discuss guest Kyle Chayka’s recent piece in the New Yorker comparing Silicon Valley invasion of the government, led by Elon Musk, to the “techno-fasiscts” of 1930s Japan. And finally, the danger of black plastic kitchen utensils was debunked after the discovery of a simple math error. But the “zombie fact” is still affecting sales. In the Slate Plus episode: The $19 Strawberry and Rise of Luxury Food Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. Learn more about your ad choices. Visit megaphone.fm/adchoices

Duration:00:53:27

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The Consequences of Getting on Europe’s Bad Side

2/22/2025
This week: The US is weakening ties with its biggest ally while embracing an old enemy. Felix Salmon, Emily Peck, and Elizabeth Spiers explain how the Trump administration’s antagonization of Europe – and further alignment with Russia – could mean major economic blowback if it goes far enough. Then, rumor has it that Intel is looking to sell parts of its business off to foreign firms Broadcom and TSMC, possibly with Trump's blessing. The hosts explore the likelihood of the deal happening and the frankly confusing logic of it all. Finally, they discuss The Cut’s deep dive into the brand Quince and what makes the “one stop dupe shop” so popular. Plus, another edition of Egg Watch 2025 featuring the Wall Street of Eggs. In the Slate Plus episode: Med spas are taking over America. 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. Learn more about your ad choices. Visit megaphone.fm/adchoices

Duration:00:50:43

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Money Talks: The Disappearing Databases

2/18/2025
In this Money Talks: Lizzie O’Leary, host of What Next: TBD, joins Felix Salmon to discuss her article on why government databases are crucial to our economy, and why it’s so worrisome that this kind of public data is being removed by the Trump administration. 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. Learn more about your ad choices. Visit megaphone.fm/adchoices

Duration:00:30:55

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Is Bribery Back?

2/15/2025
This week: Trump has signed an order suspending the enforcement of the Foreign Corrupt Practices Act. Felix Salmon, Emily Peck, and Elizabeth Spiers speculate on his motives and on how likely it actually is that this will shield anyone from the FCPA. Then, Elon Musk has taken $80 million that was sent to New York City by FEMA directly out of the city’s account. The hosts discuss the legality and worrisome precedent of the move. Finally, inflation is still a thing. They go over the latest inflation report which of course leads to another Egg Watch 2025. In the Slate Plus episode: Japanese 7Elevens 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. Learn more about your ad choices. Visit megaphone.fm/adchoices

Duration:00:46:49

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The Trade War That Never Was

2/8/2025
This week: Trump almost started a trade war with our nearest neighbors. Felix Salmon, Emily Peck, and Elizabeth Spiers explain why Trump’s trade war with Canada and Mexico not happening is still newsworthy. Then, Felix breaks down why Trump’s plan for a US sovereign wealth fund makes no sense. And finally, Kalshi seems to have found a loophole by offering event contracts on the Super Bowl even in states where sports betting is illegal. The hosts discuss the distinctions between betting and trading futures, and how each are affected by their respective regulating entities. In the Slate Plus episode: Egg Watch 2025 gets its own episode. 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. Learn more about your ad choices. Visit megaphone.fm/adchoices

Duration:00:56:55

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Money Talks: Capitalism Extremists In the Trump 2.0 Era

2/4/2025
In this Money Talks: Historian Quinn Slobodian’s 2023 book Crack-Up Capitalism: Market Radicals and the Dream of a World Without Democracy explored the dark reality that many extremists seek a purely capitalist society free of democracy. Now, with the Silicon Valley elite playing such a large role in Trump’s second term, Quinn's work is more relevant than ever. In this episode, Quinn joins Felix Salmon to discuss the relationship between radical tech billionaires and the Trump administration, and its potential consequences for our democracy. 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. Learn more about your ad choices. Visit megaphone.fm/adchoices

Duration:00:45:29

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The Federal Employee ‘Buyout’ Makes No Sense

2/1/2025
This week: The Trump administration offered a resignation deal to millions of federal employees. Felix Salmon, Emily Peck, and Elizabeth Spiers discuss why this plan seems like a bad idea – for everyone. Then, Invidia’s stock dropped this week when Deepseek proved AI can be done cheaper. But is this just steam engines and Jevons paradox all over again? Finally, the bookstore is back. The hosts discuss the recent success of Barnes & Noble and why they, and other bookstores, are the unexpected winners of the digital media age. In the Slate Plus episode: CVS has a new way of locking up their stuff. 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. Learn more about your ad choices. Visit megaphone.fm/adchoices

Duration:00:53:57

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Trump’s TikTok Backtrack

1/25/2025
This week: Tiktok gets a stay of execution in America. Felix Salmon, Emily Peck, and Elizabeth Spiers speculate on the reasons Trump changed his mind on the TikTok ban and who will ultimately win the jackpot if an American company gets a stake. Then, in a move that’s sketchy at best, Trump launched a memecoin just as he became president again and the cryptobros aren’t happy. Finally, digital shoplifting is a thing. And if you’re a Gen Z or Millennial, you’re probably doing it. In the Slate Plus episode: Are Barack and Michelle the new Harry and Megan? 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. Learn more about your ad choices. Visit megaphone.fm/adchoices

Duration:00:52:04

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Money Talks: The Cost of Caring

1/21/2025
In this Money Talks: When his intellectually disabled brother-in-law suddenly came under their care, Professor Harold Pollack and his wife found themselves in a financial crisis. This huge life shift prompted him to face down his own lack of financial planning and eventually help demystify the topic for others with his book, The Index Card. In this episode, Harold joins Emily Peck, for whom this topic is also very personal, to discuss the oft ignored financial realities of longterm caregiving. Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. Learn more about your ad choices. Visit megaphone.fm/adchoices

Duration:00:37:36

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Oligarchy in the USA

1/18/2025
This week: In his farewell address, President Biden warns of a looming oligarchy in America. Felix Salmon, Emily Peck, and Elizabeth Spiers debate whether Biden is right, or if America is already an oligarchy of sorts. Then, the FDA is suing John Deere. The hosts discuss the idea of “the right to repair” and why our ability to repair the things we buy just isn’t what it used to be. And finally, Nate Anderson has announced that he’s closing Hindenburg. Are activist short sellers a dying breed? In the Slate Plus episode: An MBA Ain’t What It Used To Be Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. Learn more about your ad choices. Visit megaphone.fm/adchoices

Duration:00:54:33

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The Dire Costs of the LA Fires

1/11/2025
This week: Los Angeles continues to try and fight back its most devastating wildfire ever. Felix Salmon, Emily Peck, and Elizabeth Spiers discuss the fires raging in Los Angles and how they highlight the growing problem with disaster insurance as well as the complex issues around prison labor. Then, Meta is walking back their content moderation, giving hate speech more of a chance to thrive on their platforms. The hosts debate what this will mean for advertisers and Meta employees alike. And finally, New York City has at last implemented its congestion pricing. And while it’s too early to know the effects, the hosts look to London to see what the future could hold for the city’s commuters. In the Slate Plus episode: Wirkin Bag Economics Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. Learn more about your ad choices. Visit megaphone.fm/adchoices

Duration:00:55:20

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Money Talks: Selling The Dream

1/7/2025
In this Money Talks: Jane Marie has spent years reporting on the tangled web of multi-level marketing companies, or MLMs, with her podcast The Dream and dives even deeper in her new book, Selling the Dream: The Billion-Dollar Industry Bankrupting Americans. In this episode, she sits down with Emily Peck to discuss their origins, their appeal to American women, and their extremely questionable business practices. Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. Learn more about your ad choices. Visit megaphone.fm/adchoices

Duration:00:44:18

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The Business of Lively vs Baldoni

1/4/2025
This week: The Lively/Baldoni PR war has become a legal battle. And it’s not just reputations that are at stake. Felix Salmon, Emily Peck, and Elizabeth Spiers explain how Blake Lively’s lawsuit against Justin Baldoni and his answering suit against The New York Times is more than just a Hollywood feud, it’s a fight to stay profitable. Then, the hosts discuss the recent ruling that seems to have killed the dream of net neutrality for good. Finally, they examine the decline in drinking that has caused a lake-sized tequila surplus in Mexico. In the Slate Plus episode: Coffee Wars Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. Learn more about your ad choices. Visit megaphone.fm/adchoices

Duration:00:52:24

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The Truth Behind Donald Trump’s Tariff Talk

12/28/2024
This week: Paul Krugman may have ended his iconic New York Times column but he’s still going to tell us what’s going on. Felix Salmon and Emily Peck are joined by Paul Krugman to get wonky on global trade, discuss the relationship between politicians and economists, and examine the economic legacy of Joe Biden. In the Slate Plus episode: Favorite media of 2024. Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. Disclosure in Podcast Description: A Bond Account is a self-directed brokerage account with Public Investing, member FINRA/SIPC. Deposits into this account are used to purchase 10 investment-grade and high-yield bonds. As of 9/26/24, the average, annualized yield to worst (YTW) across the Bond Account is greater than 6%. A bond’s yield is a function of its market price, which can fluctuate; therefore, a bond’s YTW is not “locked in” until the bond is purchased, and your yield at time of purchase may be different from the yield shown here. The “locked in” YTW is not guaranteed; you may receive less than the YTW of the bonds in the Bond Account if you sell any of the bonds before maturity or if the issuer defaults on the bond. Public Investing charges a markup on each bond trade. See our Fee Schedule. Bond Accounts are not recommendations of individual bonds or default allocations. The bonds in the Bond Account have not been selected based on your needs or risk profile. See https://public.com/disclosures/bond-account to learn more. Learn more about your ad choices. Visit megaphone.fm/adchoices

Duration:00:51:41

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

12/24/2024
The “Fama–French model” is a Nobel laureate-designed tool for predicting the stock market. It guides hundreds of billions in investments. The problem? Its numbers keep shifting. For this Money Talks, Felix Salmon chats with Planet Money host Mary Childs about her deep dive for Bloomberg into finance mathematics. They question the nature of investing, markets, and reality itself. Mary is also the author of The Bond King. If you enjoy this show, please consider signing up for Slate Plus. Slate Plus members get an ad-free experience across the network and an additional segment of our regular show every week. You’ll also be supporting the work we do here on Slate Money. Sign up now at slate.com/moneyplus to help support our work. Podcast production by Jared Downing and Cheyna Roth. Learn more about your ad choices. Visit megaphone.fm/adchoices

Duration:00:51:45

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

12/23/2024
This week, we’re bringing you an episode from the FT’s Behind the Money podcast: Battery maker Northvolt was supposed to be Europe's best hope for staying competitive during the green transition. But recently, that hope has crumbled. The company filed for Chapter 11 bankruptcy in November. The FT’s Nordic and Baltic bureau chief Richard Milne spent years reporting on the Swedish start-up and in this episode, he chronicles Northvolt’s ambitious rise, and what its failings mean for Europe’s battery industry. Follow Behind the Money wherever you listen to podcasts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Duration:00:29:20

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Who Elected Elon?

12/21/2024
This week: Elon Musk posted enough misinformation on social media to get a bill blocked and necessitate a government shutdown. Felix Salmon, Emily Peck, and Anna Szymanski discuss the multi-billionaire’s tweetstorm that convinced congress not to pass a bi-partisan spending bill and how he has been able to so blatantly buy that power. Then, Anna helps break down the economic crisis that is unfolding in Brazil and gets wonkish on the latest Fed rate cut and trade deficit. And finally, Amazon and Starbucks workers across the country have gone on strike. Emily explains the subtleties of the disputes. In the Slate Plus episode: What’s your gift giving strategy? Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. Learn more about your ad choices. Visit megaphone.fm/adchoices

Duration:00:51:52

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Why Netflix is Reducing Parental Leave

12/14/2024
This week: Crypto companies are being debanked but they’re not the only ones. Felix Salmon, Emily Peck, and Elizabeth Spiers break down the conspiracy theory that debanking is a government attack on crypto. Then, Netflix has pared down their extreme leave policy. What does that signal about the direction of the company? And Spotify is finally making a profit and is acting like it. In the Slate Plus episode: Crumbl and rise of meme foods. 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. Disclosure in Podcast Description: A Bond Account is a self-directed brokerage account with Public Investing, member FINRA/SIPC. Deposits into this account are used to purchase 10 investment-grade and high-yield bonds. As of 9/26/24, the average, annualized yield to worst (YTW) across the Bond Account is greater than 6%. A bond’s yield is a function of its market price, which can fluctuate; therefore, a bond’s YTW is not “locked in” until the bond is purchased, and your yield at time of purchase may be different from the yield shown here. The “locked in” YTW is not guaranteed; you may receive less than the YTW of the bonds in the Bond Account if you sell any of the bonds before maturity or if the issuer defaults on the bond. Public Investing charges a markup on each bond trade. See our Fee Schedule. Bond Accounts are not recommendations of individual bonds or default allocations. The bonds in the Bond Account have not been selected based on your needs or risk profile. See https://public.com/disclosures/bond-account to learn more. Learn more about your ad choices. Visit megaphone.fm/adchoices

Duration:00:49:21