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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. Felix Salmon, Elizabeth Spiers, and Emily Peck 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. In the Slate Plus episode: Is Cheaper Gas Worth Your Time?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. Hosted on Acast. See acast.com/privacy for more information.
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. Felix Salmon, Elizabeth Spiers, and Emily Peck 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. In the Slate Plus episode: Is Cheaper Gas Worth Your Time?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. Hosted on Acast. See acast.com/privacy for more information.
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. Felix Salmon, Elizabeth Spiers, and Emily Peck 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. In the Slate Plus episode: Is Cheaper Gas Worth Your Time?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. Hosted on Acast. See acast.com/privacy for more information.
This week: The term “explosive diarrhea” captured the nation's attention, turning all eyes toward the company linked to a major cyclosporiasis outbreak. Felix Salmon, Elizabeth Spiers, and Emily Peck 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.In the Slate Plus episode: Is Diet Coke embracing “fridge cigarettes"? 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. Hosted on Acast. See acast.com/privacy for more information.
This week: The term “explosive diarrhea” captured the nation's attention, turning all eyes toward the company linked to a major cyclosporiasis outbreak. Felix Salmon, Elizabeth Spiers, and Emily Peck 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.In the Slate Plus episode: Is Diet Coke embracing “fridge cigarettes"? 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. Hosted on Acast. See acast.com/privacy for more information.
This week: The term “explosive diarrhea” captured the nation's attention, turning all eyes toward the company linked to a major cyclosporiasis outbreak. Felix Salmon, Elizabeth Spiers, and Emily Peck 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.In the Slate Plus episode: Is Diet Coke embracing “fridge cigarettes"? 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. Hosted on Acast. See acast.com/privacy for more information.
This week: New York Gov. Kathy Hochul put a statewide moratorium on building A.I. data centers. Felix Salmon, Elizabeth Spiers, and Emily Peck 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?In the Slate Plus episode: Banks are making bank.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. Hosted on Acast. See acast.com/privacy for more information.
This week: New York Gov. Kathy Hochul put a statewide moratorium on building A.I. data centers. Felix Salmon, Elizabeth Spiers, and Emily Peck 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?In the Slate Plus episode: Banks are making bank.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. Hosted on Acast. See acast.com/privacy for more information.
This week: New York Gov. Kathy Hochul put a statewide moratorium on building A.I. data centers. Felix Salmon, Elizabeth Spiers, and Emily Peck 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?In the Slate Plus episode: Banks are making bank.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. Hosted on Acast. See acast.com/privacy for more information.
This week: The company buying up legacy brands like AOL, Evernote, and Vimeo had a huge IPO with shares immediately surging by 40%. Felix Salmon, Elizabeth Spiers, and guest host Stacy-Marie Ishmael 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.In the Slate Plus episode: All Berries, All The Time 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. Hosted on Acast. See acast.com/privacy for more information.
This week: The company buying up legacy brands like AOL, Evernote, and Vimeo had a huge IPO with shares immediately surging by 40%. Felix Salmon, Elizabeth Spiers, and guest host Stacy-Marie Ishmael 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.In the Slate Plus episode: All Berries, All The Time 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. Hosted on Acast. See acast.com/privacy for more information.
This week: The company buying up legacy brands like AOL, Evernote, and Vimeo had a huge IPO with shares immediately surging by 40%. Felix Salmon, Elizabeth Spiers, and guest host Stacy-Marie Ishmael 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.In the Slate Plus episode: All Berries, All The Time 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. Hosted on Acast. See acast.com/privacy for more information.
Felix Salmon, Elizabeth Spiers, and Emily Peck are joined by Reuters Media Editor Edmund Lee to revisit their 2016 predictions for the Comcast/NCBUniversal merger, 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. In the Slate Plus episode: Oh No! The Anchovies!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. Hosted on Acast. See acast.com/privacy for more information.
Felix Salmon, Elizabeth Spiers, and Emily Peck are joined by Reuters Media Editor Edmund Lee to revisit their 2016 predictions for the Comcast/NCBUniversal merger, 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. In the Slate Plus episode: Oh No! The Anchovies!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. Hosted on Acast. See acast.com/privacy for more information.
Felix Salmon, Elizabeth Spiers, and Emily Peck are joined by Reuters Media Editor Edmund Lee to revisit their 2016 predictions for the Comcast/NCBUniversal merger, 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. In the Slate Plus episode: Oh No! The Anchovies!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. Hosted on Acast. See acast.com/privacy for more information.
With the churn of daily news growing more apocalyptic by the headline, and with earth scientists competing ferociously for the title of “gloomiest doomer,” it's time for some fun (or at least making fun) with a new fantasy-football-style draft. This time, Jason, Rob, and Asher are making their way through their top 3 signs of civilizational collapse, in 3 categories: Earth systems, pop culture, and politics. But they refuse to remain mired in the muck. Each draft pick has to be accompanied by a countervailing force, a real-world example of people facing reality and building resilience together. Originally recorded on 5/22/26.Sources & LinksThe 'Doomsday' Glacier's Giant Ice Shelf by Alison George, New Scientist, May 18, 2026Thwaites glacier in AntarcticaAntarctica's ‘doomsday glacier' by Hope Nguyen, Yahoo! News, May 20, 2026Plastic-Eating Microbe by Hafsa Aslam, UC Davis, Apr 7, 2025Gardening google search trendAdvances in AI will boost productivity, by Mark A. Wynne and Lillian Derr, Federal Reserve Bank of Dallas, June 24, 205Dallas Fed Chart 3 Possible AI Futures by Rudo Chakrabarti, Yahoo! Finance, May 9, 2026Local governments oases of compromise by Alexandra Marquez, NBC News, Oct 23, 2024North Atlantic Subpolar Gyre collapse by Laurie Laybourn, IPPR.org, Oct 9, 2024Global Tipping Points: Atlantic CirculationThe most pro-business Supreme Court ever by Felix Salmon, Axios, Aug 4, 2022Voting Rights Decision, New York Times, May 28, 2026Planetary Boundaries frameworkLand System ChangeWillamette Valley Wet PrairieWillamette Valley Upland Prairie and SavannaMaps of Crazy Town: Mar de Plastico by Rob Dietz, Resilience, Sep 4, 2025The Land Trust AllianceCommunity Land TrustsHow F1 Became the Fastest Growing Sport in the U.S. by Douglas Jase, Complex, May 6, 2026Fatalities in F1 racingExplainer: What's happening with gerrymandering in the United States—and who will “win” the redistricting battle? Harvard Kennedy School, May 4, 2026Democracy was never designed to work — but something better is emerging by Jeremy Lent, Resilience, May 6, 2026Related EpisodesEpisode 96, “The Frequent Flyer Tree: Losing the Last Bit of Sense in the Climate Emergency”Episode 103, “It Was Never Your Democracy Anyway: Thomas Linzey on Rethinking the Constitution”CreditsProduction and editing by Alex Leff. Editorial assistance and transcripts by Taylor Antal.Theme music is “Way Huge” and “Don't Give Up” by Midnight Shipwrecks, used with permission.Thanks to all the Crazy Townies, our listeners who are trying to understand humanity's overshoot predicament and do something about it.
This week: We saw just how many people are willing to invest in Elon Musk. Felix Salmon, Elizabeth Spiers, and Emily Peck, 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.In the Slate Plus episode: What if your digital secrets got out?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: We saw just how many people are willing to invest in Elon Musk. Felix Salmon, Elizabeth Spiers, and Emily Peck, 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.In the Slate Plus episode: What if your digital secrets got out?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: We saw just how many people are willing to invest in Elon Musk. Felix Salmon, Elizabeth Spiers, and Emily Peck, 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.In the Slate Plus episode: What if your digital secrets got out?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: Inflation hit its highest rate in three years thanks to skyrocketing energy prices. Felix Salmon, Elizabeth Spiers, and Emily Peck, 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. In the Slate Plus episode: Is Anthropic vs OpenAI the new Coke vs Pepsi?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. Hosted on Acast. See acast.com/privacy for more information.
This week: Inflation hit its highest rate in three years thanks to skyrocketing energy prices. Felix Salmon, Elizabeth Spiers, and Emily Peck, 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. In the Slate Plus episode: Is Anthropic vs OpenAI the new Coke vs Pepsi?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. Hosted on Acast. See acast.com/privacy for more information.
This week: Inflation hit its highest rate in three years thanks to skyrocketing energy prices. Felix Salmon, Elizabeth Spiers, and Emily Peck, 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. In the Slate Plus episode: Is Anthropic vs OpenAI the new Coke vs Pepsi?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. Hosted on Acast. See acast.com/privacy for more information.
This week: Google's parent company announced an unexpected move to raise $80 billion for their AI ventures. Felix Salmon, Elizabeth Spiers, and guest host Mary Childs– host of the new show Mary in America–discuss the logic behind Alphabet's stock-based fundraise, which includes a $10 billion share sale to Berkshire-Hathaway. Then, Mary explains why it's getting harder for investors to avoid exposure to AI thanks to the index funds who are bending their rules for companies like SpaceX. And finally, they examine why Spain's unemployment rate has dropped significantly and what that tells us about the relationship between immigration and the labor market. In the Slate Plus episode: Is “f— you” money a myth?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: Google's parent company announced an unexpected move to raise $80 billion for their AI ventures. Felix Salmon, Elizabeth Spiers, and guest host Mary Childs– host of the new show Mary in America–discuss the logic behind Alphabet's stock-based fundraise, which includes a $10 billion share sale to Berkshire-Hathaway. Then, Mary explains why it's getting harder for investors to avoid exposure to AI thanks to the index funds who are bending their rules for companies like SpaceX. And finally, they examine why Spain's unemployment rate has dropped significantly and what that tells us about the relationship between immigration and the labor market. In the Slate Plus episode: Is “f— you” money a myth?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: Google's parent company announced an unexpected move to raise $80 billion for their AI ventures. Felix Salmon, Elizabeth Spiers, and guest host Mary Childs– host of the new show Mary in America–discuss the logic behind Alphabet's stock-based fundraise, which includes a $10 billion share sale to Berkshire-Hathaway. Then, Mary explains why it's getting harder for investors to avoid exposure to AI thanks to the index funds who are bending their rules for companies like SpaceX. And finally, they examine why Spain's unemployment rate has dropped significantly and what that tells us about the relationship between immigration and the labor market. In the Slate Plus episode: Is “f— you” money a myth?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: Ferrari revealed its new EV designed by Jony Ive and it looked so bad it became a meme. Felix Salmon, Elizabeth Spiers, and Emily Peck, discuss the reaction to the $640,000 Ferrari Luce and how this story fits into the overall state of the electric vehicle market. Then, the hosts dig into the stat dashboard the U.N. wants to replace GDP as the main prosperity metric and debate whether GDP is even relevant enough for it to matter. And finally, they'll examine why the UK and Europe are still so resistant to air conditioning despite being plagued by deadly heatwaves.In the Slate Plus episode: The lawsuit loophole used to report on the JP Morgan sex scandal.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: Ferrari revealed its new EV designed by Jony Ive and it looked so bad it became a meme. Felix Salmon, Elizabeth Spiers, and Emily Peck, discuss the reaction to the $640,000 Ferrari Luce and how this story fits into the overall state of the electric vehicle market. Then, the hosts dig into the stat dashboard the U.N. wants to replace GDP as the main prosperity metric and debate whether GDP is even relevant enough for it to matter. And finally, they'll examine why the UK and Europe are still so resistant to air conditioning despite being plagued by deadly heatwaves.In the Slate Plus episode: The lawsuit loophole used to report on the JP Morgan sex scandal.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: Ferrari revealed its new EV designed by Jony Ive and it looked so bad it became a meme. Felix Salmon, Elizabeth Spiers, and Emily Peck, discuss the reaction to the $640,000 Ferrari Luce and how this story fits into the overall state of the electric vehicle market. Then, the hosts dig into the stat dashboard the U.N. wants to replace GDP as the main prosperity metric and debate whether GDP is even relevant enough for it to matter. And finally, they'll examine why the UK and Europe are still so resistant to air conditioning despite being plagued by deadly heatwaves.In the Slate Plus episode: The lawsuit loophole used to report on the JP Morgan sex scandal.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: It was revealed that Donald Trump's investment portfolio made a stunning 3,600 trades in one quarter. Felix Salmon, Elizabeth Spiers, and Emily Peck, discuss theories on why the hell anyone would do this and whether it's just weird or actually sinister. Then, they'll get into the question of if it's actually possible to “vote with your dollars” in the wake of the news that the famously sustainable brand Everlane is likely being sold to fast fashion behemoth Shein. And finally, they examine the shift in the online media landscape and the rise of the clipping economy.In the Slate Plus episode: SpaceX goes public.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: It was revealed that Donald Trump's investment portfolio made a stunning 3,600 trades in one quarter. Felix Salmon, Elizabeth Spiers, and Emily Peck, discuss theories on why the hell anyone would do this and whether it's just weird or actually sinister. Then, they'll get into the question of if it's actually possible to “vote with your dollars” in the wake of the news that the famously sustainable brand Everlane is likely being sold to fast fashion behemoth Shein. And finally, they examine the shift in the online media landscape and the rise of the clipping economy.In the Slate Plus episode: SpaceX goes public.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: It was revealed that Donald Trump's investment portfolio made a stunning 3,600 trades in one quarter. Felix Salmon, Elizabeth Spiers, and Emily Peck, discuss theories on why the hell anyone would do this and whether it's just weird or actually sinister. Then, they'll get into the question of if it's actually possible to “vote with your dollars” in the wake of the news that the famously sustainable brand Everlane is likely being sold to fast fashion behemoth Shein. And finally, they examine the shift in the online media landscape and the rise of the clipping economy.In the Slate Plus episode: SpaceX goes public.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: Kevin Warsh took over as Federal Reserve Chair, while Jerome Powell will remain on the board. Felix Salmon, Elizabeth Spiers, and Emily Peck, discuss how the Donald Trump appointee will deal with pressure from the president to lower rates despite rising inflation. Then, they cover Trump's visit to China and what it could mean for the US-China power balance, particularly within the AI arms race. And finally, they get into how the AI boom is making semiconductor chips the “It Girl of the global economy.”In the Slate Plus episode: Are we sick of subscriptions? 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: Kevin Warsh took over as Federal Reserve Chair, while Jerome Powell will remain on the board. Felix Salmon, Elizabeth Spiers, and Emily Peck, discuss how the Donald Trump appointee will deal with pressure from the president to lower rates despite rising inflation. Then, they cover Trump's visit to China and what it could mean for the US-China power balance, particularly within the AI arms race. And finally, they get into how the AI boom is making semiconductor chips the “It Girl of the global economy.”In the Slate Plus episode: Are we sick of subscriptions? 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: Kevin Warsh took over as Federal Reserve Chair, while Jerome Powell will remain on the board. Felix Salmon, Elizabeth Spiers, and Emily Peck, discuss how the Donald Trump appointee will deal with pressure from the president to lower rates despite rising inflation. Then, they cover Trump's visit to China and what it could mean for the US-China power balance, particularly within the AI arms race. And finally, they get into how the AI boom is making semiconductor chips the “It Girl of the global economy.”In the Slate Plus episode: Are we sick of subscriptions? 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: CEOs and investors at the Milken Institute Global Conference projected optimism about the economy despite the overall feeling of uncertainty brought on by Donald Trump. Felix Salmon, Elizabeth Spiers, and Emily Peck, discuss Emily's reporting from the conference, and the way capitalists have adapted to thrive amid the unpredictability of this administration. Then, they discuss GameStop CEO Ryan Cohen's surprising bid to buy Ebay and how they think it will play out. And finally, grab your Strawberry Açaí Lemonade Energy Refresher or Sprite® Berry Blast because it's time to talk about drinks! The hosts get into the economics behind the fancy beverages trend as McDonalds hops on board. In the Slate Plus episode: What athletes pay for better performance. 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: CEOs and investors at the Milken Institute Global Conference projected optimism about the economy despite the overall feeling of uncertainty brought on by Donald Trump. Felix Salmon, Elizabeth Spiers, and Emily Peck, discuss Emily's reporting from the conference, and the way capitalists have adapted to thrive amid the unpredictability of this administration. Then, they discuss GameStop CEO Ryan Cohen's surprising bid to buy Ebay and how they think it will play out. And finally, grab your Strawberry Açaí Lemonade Energy Refresher or Sprite® Berry Blast because it's time to talk about drinks! The hosts get into the economics behind the fancy beverages trend as McDonalds hops on board. In the Slate Plus episode: What athletes pay for better performance. 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: CEOs and investors at the Milken Institute Global Conference projected optimism about the economy despite the overall feeling of uncertainty brought on by Donald Trump. Felix Salmon, Elizabeth Spiers, and Emily Peck, discuss Emily's reporting from the conference, and the way capitalists have adapted to thrive amid the unpredictability of this administration. Then, they discuss GameStop CEO Ryan Cohen's surprising bid to buy Ebay and how they think it will play out. And finally, grab your Strawberry Açaí Lemonade Energy Refresher or Sprite® Berry Blast because it's time to talk about drinks! The hosts get into the economics behind the fancy beverages trend as McDonalds hops on board. In the Slate Plus episode: What athletes pay for better performance. 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: Google's parent company Alphabet announced an incredible $110 billion in first-quarter revenue thanks, in part, to the computing needs of the AI boom. Felix Salmon, Elizabeth Spiers, and Emily Peck, discuss the shocking earnings report and the reasons to doubt it as a sign of future growth, including the internet's ever-evolving information economy. Then, they get into Bill Ackman once again trying and failing to make a closed-end fund happen, and why he'll never be Warren Buffet. Finally they'll examine the utility of corporate merch, such as Palantir's french chore coat, and company retreats, like the Plex's disastrous Survivor-themed getaway. In the Slate Plus episode: Can you have a Tiktok and a job on Wall Street?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: Google's parent company Alphabet announced an incredible $110 billion in first-quarter revenue thanks, in part, to the computing needs of the AI boom. Felix Salmon, Elizabeth Spiers, and Emily Peck, discuss the shocking earnings report and the reasons to doubt it as a sign of future growth, including the internet's ever-evolving information economy. Then, they get into Bill Ackman once again trying and failing to make a closed-end fund happen, and why he'll never be Warren Buffet. Finally they'll examine the utility of corporate merch, such as Palantir's french chore coat, and company retreats, like the Plex's disastrous Survivor-themed getaway. In the Slate Plus episode: Can you have a Tiktok and a job on Wall Street?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: Google's parent company Alphabet announced an incredible $110 billion in first-quarter revenue thanks, in part, to the computing needs of the AI boom. Felix Salmon, Elizabeth Spiers, and Emily Peck, discuss the shocking earnings report and the reasons to doubt it as a sign of future growth, including the internet's ever-evolving information economy. Then, they get into Bill Ackman once again trying and failing to make a closed-end fund happen, and why he'll never be Warren Buffet. Finally they'll examine the utility of corporate merch, such as Palantir's french chore coat, and company retreats, like the Plex's disastrous Survivor-themed getaway. In the Slate Plus episode: Can you have a Tiktok and a job on Wall Street?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: Tim Cook announced he was stepping down as Apple's CEO after 15 years. Felix Salmon, Elizabeth Spiers, and Emily Peck, unpack his unique legacy as the leader of the very beloved, very visible brand. Then, Axios' Senior Health Care Editor Adriel Bettelheim joins to explain what peptides are and how RFK Jr. is trying to throw the doors open for the undertested wellness trend. And finally, they get into The Onion's mission to take over the right-wing conspiracy platform InfoWars in the name of parody and paying the victims of Sandy Hook. In the Slate Plus episode: The Avis short squeeze.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: Tim Cook announced he was stepping down as Apple's CEO after 15 years. Felix Salmon, Elizabeth Spiers, and Emily Peck, unpack his unique legacy as the leader of the very beloved, very visible brand. Then, Axios' Senior Health Care Editor Adriel Bettelheim joins to explain what peptides are and how RFK Jr. is trying to throw the doors open for the undertested wellness trend. And finally, they get into The Onion's mission to take over the right-wing conspiracy platform InfoWars in the name of parody and paying the victims of Sandy Hook. In the Slate Plus episode: The Avis short squeeze.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: Tim Cook announced he was stepping down as Apple's CEO after 15 years. Felix Salmon, Elizabeth Spiers, and Emily Peck, unpack his unique legacy as the leader of the very beloved, very visible brand. Then, Axios' Senior Health Care Editor Adriel Bettelheim joins to explain what peptides are and how RFK Jr. is trying to throw the doors open for the undertested wellness trend. And finally, they get into The Onion's mission to take over the right-wing conspiracy platform InfoWars in the name of parody and paying the victims of Sandy Hook. In the Slate Plus episode: The Avis short squeeze.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: Sneaker company Allbirds announced a pivot into A.I. infrastructure. Felix Salmon, Elizabeth Spiers, and Emily Peck explain why this absurd-sounding venture is actually a pretty clever piece of financial engineering. Then, the hosts get into the market surge that put the S&P 500 at a record high. And finally, the courts confirmed what we all knew: Live Nation and its subsidiary Ticketmaster are screwing everyone over. The hosts discuss what led to the federal jury ruling that the concert behemoth was acting as a monopoly. In the Slate Plus episode: The con behind SantaCon.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. Hosted on Acast. See acast.com/privacy for more information.
This week: Sneaker company Allbirds announced a pivot into A.I. infrastructure. Felix Salmon, Elizabeth Spiers, and Emily Peck explain why this absurd-sounding venture is actually a pretty clever piece of financial engineering. Then, the hosts get into the market surge that put the S&P 500 at a record high. And finally, the courts confirmed what we all knew: Live Nation and its subsidiary Ticketmaster are screwing everyone over. The hosts discuss what led to the federal jury ruling that the concert behemoth was acting as a monopoly. In the Slate Plus episode: The con behind SantaCon.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. Hosted on Acast. See acast.com/privacy for more information.
This week: Retail investors usually stick to the stock market, but many are rushing to make bets on oil futures. Felix Salmon, Elizabeth Spiers, and Emily Peck discuss Emily's piece about “dumb money” moving into more sophisticated trading markets—thanks to new crypto-driven platforms—and what's motivating the trend. Then, the hosts examine Bill Ackman's grand plan to take over Universal Music Group, and explain the difference in how his SPARC differs from a SPAC. Finally, the hosts delve into the New York Times' quest to uncover the mysterious creator of Bitcoin, the pseudonymous Satoshi Nakamoto, and argue over the investigation's conclusion. In the Slate Plus episode: Do men suck at grocery shopping?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. Hosted on Acast. See acast.com/privacy for more information.
This week: OpenAI completed a $122 billion investment round. Felix Salmon, Elizabeth Spiers, and Emily Peck discuss what this deal says about the private and public markets and try to wrap their heads around the astronomical valuations of OpenAI and SpaceX. Then, Maryland-based spice company, McCormick, announced it will merge with Unilever's food division to create a new spice and sauce mega-company. The hosts discuss the unusual case of a smaller company absorbing a larger one, and why Unilever's stock is currently plummeting. Finally, the hosts break down the WNBA's landmark collective bargaining agreement and why Nobel laureate Claudia Goldin was the MVP of the negotiation. In the Slate Plus episode: The largest single home sale on record. This episode is member-exclusive. Listen to it now by subscribing to Slate Plus. By joining, not only will you unlock weekly bonus episodes of Slate Money—you'll also 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 Hosted on Acast. See acast.com/privacy for more information.
This week: Just minutes before Trump posted about talks with Iran, oil markets saw a flurry of activity. Conspiracy theories followed. Felix Salmon, Elizabeth Spiers, and Emily Peck dissect the suspicious timing of those trades and the possibility of insider trading within the Trump administration. Then, the hosts react to the surprising ruling on Meta and social media addiction. And: OpenAI's sudden decision to shut down its consumer-facing video generation platform, Sora. In the Slate Plus episode: The treasury market rom-comWant 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. Hosted on Acast. See acast.com/privacy for more information.
Welcome to a very special Money On Film miniseries!Over three episodes, Slate Money's Felix Salmon and Slate culture writer Nadira Goffe revisit three films at the intersection of culture and finance. On this episode, Nadira and Felix take a trip to a bathhouse for spirits in 2001's Spirited Away.Directed by Hayao Miyazaki, the film follows a girl named Chihiro, who becomes trapped in the spirit world and must save her parents, encountering soot sprites, river spirits, a giant baby, and many more wonderful and terrifying beings along the way.The film is a masterpiece of storytelling and technical animation, but as Felix explains, it also works as a highly developed metaphor for capital and the Japanese economy at the close of the millennium: the bathhouse stands in for a stable but exploitative economic system, beset by outside capital forces, with workers stripped of their names and identities.This is the final episode of the Money On Film miniseries. Thanks for listening! Hosted on Acast. See acast.com/privacy for more information.
Welcome to a very special Money On Film miniseries!Over three episodes, Slate Money's Felix Salmon and Slate culture writer Nadira Goffe revisit three films at the intersection of culture and finance. On this episode, Felix and Nadira discuss dating and money in Celine Song's 2025 romantic comedy Materialists, which centers on a love triangle between a millionaire matchmaker (Dakota Johnson), a hunky financier (Pedro Pascal), and an old flame and out-of-work actor (Chris Evans). While not particularly romantic or comedic, the film raises questions about the role money plays in modern dating, how we select partners based on financial viability, and whether romance itself might be a bit overrated.Next time on Money On Film: Spirited Away. See you then! Hosted on Acast. See acast.com/privacy for more information.