Lesbian businesses are great for the queer women’s community, but making them profitable is a different matter. For this Money Talks, Felix Salmon chats with June Thomas, author of A Place of Our Own: Six Spaces That Shaped Queer Women's Culture, to discuss a unique mix of cultural and economic challenges facing the queer economy. 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 reg...
May 28, 2024•33 min
This week, Felix Salmon, Emily Peck, and Elizabeth Spiers are joined by Kyla Scanlon, author of the new book In This Economy?: How Money & Markets Really Work to talk about the disconnect between reality and perception that lead what she calls a “vibecession” – wherein many believe we’re in a recession that isn’t actually happening at all. Also: The many reasons that may have led to Red Lobster’s bankruptcy – it’s not not because of shrimp – and Kyla helps answer a listener's question about ...
May 25, 2024•44 min
This week, Felix Salmon, Emily Peck, and Elizabeth Spiers discuss the motivations and impacts of new tariffs plus the cultural forces behind China’s economic policy. Also: Congress is trying to figure out what to do with AI, and Melinda French Gates is getting her groove back. In the Plus segment: Rates for new mortgages suck right now, but what if you could buy out someone existing one? Also: Do you have a donor-advised fund? Do you pay fees on it? Felix invites you to weigh in on his Axios pol...
May 18, 2024•55 min
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. If you enjoy this show, please consider signing up for Slate Plus. Slate Plus members get an ad-free experience across...
May 14, 2024•48 min
This week, Felix Salmon, Emily Peck, and Elizabeth Spiers are joined by legal scholar Mehrsa Baradaran, author of The Quiet Coup: Neoliberalism and the Looting of America. Mehrsa explains the roots of the neoliberalism movement and how the myth of free market made the American economy more oppressive, especially against black and brown people. Also: A misogynistic party culture has been revealed at the FDIC, and small banks are feeling the economic pinch. In the Plus segment: The California wild...
May 11, 2024•58 min
This week: A new DEA designation for cannabis means high times for pot smokers, but what about the industry? Felix Salmon, Emily Peck, and Elizabeth Spiers discuss the future of the cannabis business, Binance founder Changpeng “CZ” Zhao’s lax, four-month prison sentence, and why Americans keep buying more cheap junk (but spend fortunes on ravioli). In the Plus segment: Elon Musk fired Tesla’s Supercharger network team: a bold move, or just a dumb one? If you enjoy this show, please consider sign...
May 04, 2024•51 min
Too busy running the rat race to…run? Former Wall Street Journal fitness columnist Jen Murphy has some advice. She chats with host Emily Peck about making time for diet and exercise and the value of investing in your health at any age and stage of life. 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 Mo...
Apr 30, 2024•34 min
Correction, April 29, 2024: In the audio of this podcast, Emily Peck originally misstated that the FTC sued to block the Penguin Random House–Simon and Schuster deal. It was the Department of Justice. This week: a reservation at Carbone New York may cost a thousand dollars, but you’ve always got a table at Slate Money! Felix Salmon, Emily Peck, and Elizabeth Spiers discuss restaurant reservation resellers, the FTC’s new non-compete clause ban, and Biden’s rules for airline fees that make getting...
Apr 27, 2024•44 min
This week: Elon Musk wants his colossal, court-blocked pay package, and Tesla’s board wants to give it to him. Felix Salmon, Emily Peck, and Elizabeth Spiers also chat with Alicia Montgomery, current Slate audio VP and veteran of NPR, to discuss what is — and isn’t — behind NPR’s troubles. Also: inflation is high, but does the Fed really need to cut rates? In the Plus segment: Why Biden is going after Chinese steel. If you enjoy this show, please consider signing up for Slate Plus. Slate Plus me...
Apr 20, 2024•53 min
Five years ago, tech investor Ben Horowitz of Andreessen Horowitz bet our own Felix Salmon a 100-year-old bottle of wine that 10% of Americans would be using Bitcoin to pay for something by now. Ben lost, of course, but he’s ready to double down with a new digital wager! He and partner Chris Dixon discuss the past and present of crypto, blockchain, and AI. 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 add...
Apr 16, 2024•36 min
This week, Slate Money hacks the mainframe! Washington Post tech writer Shira Ovide joins Felix Salmon, Emily Peck, and Elizabeth Spiers to discuss what’s wrong with America’s internet industry, how YouTube became the media empire no one talks about, and the promise and peril of the AI toothbrush. In the Plus segment: OpenAI is using YouTube to train ChatGPT. Is that legal? If you enjoy this show, please consider signing up for Slate Plus. Slate Plus members get an ad-free experience across the ...
Apr 13, 2024•54 min
This week: Americans are less revved up about EVs. Felix Salmon, Emily Peck, and Elizabeth Spiers discuss if Elon Musk’s mischief has played a role in slowing sales. Also: the crisis in the wine industry, and how a combination investigative publication/hedge fund wants to blow the lid off corporations — while shorting their stock. In the Plus segment: the proxy battle for the future of Disney. If you enjoy this show, please consider signing up for Slate Plus. Slate Plus members get an ad-free ex...
Apr 06, 2024•40 min
For this edition of Money Talks: Are you feeling trapped in Zoom/Teams/Slack purgatory? Author Cal Newport’s book Slow Productivity: The Lost Art of Accomplishment Without Burnout has a way forward. Host Emily Peck speaks with him about how the digital office became an “invisible factory” and how you can take back control of your working life. 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 discu...
Apr 02, 2024•39 min
This week: Truth Social is the latest meme stock, and buying it could win favor with a president. Felix Salmon, Emily Peck, and Elizabeth Spiers discuss what Truth Social means for Trump, whether Sam Bankman-Fried’s 25-year sentence is too harsh, and a Visa/Mastercard antitrust settlement that could change credit card fees as we know them. (Platinum holders beware.) In the plus segment: Why a global chocolate shortage is racking the candy industry. If you enjoy this show, please consider signing...
Mar 30, 2024•44 min
This week: Biden’s comin’ for your iPhone! Or at least, his administration wants to make it less restrictive to third-party developers. Felix Salmon, Emily Peck, and Elizabeth Spiers discuss the new Apple DOJ lawsuit, how Reddit can leverage its massive IPO, and new rules for real estate brokers that could change the home-buying experience. In the Plus segment: Unilever is dropping Ben & Jerry’s. When did America stop screaming for ice cream? If you enjoy this show, please consider signing u...
Mar 23, 2024•53 min
For this edition of Money Talks, Felix Salmon chats with Jay Newman, the former hedge fund manager who helped Elliot Management recover $2.4 billion from Argentina after that country defaulted on its loans. Jay shares his philosophy on sovereign debt and recounts a 16-year battle full of judicial intrigue. 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...
Mar 19, 2024•46 min
This week: Americans don’t care as much about work. They have better things to do. Felix Salmon, Emily Peck, and Elizabeth Spiers discuss the prospect of a four-day workweek and what it could mean for the economy. Also: How Liquid Death made water rad as hell, and the uncertain fate of TikTok in America. In the Plus segment: Tanning is back! Producer Cheyna Roth joins the hosts to discuss the rising popularity of tanning salons and self-tan products. If you enjoy this show, please consider signi...
Mar 16, 2024•49 min
In a special episode of Money Talks, Emily Peck chats with writer/director Chloe Domont, whose feminist thriller Fair Play explores what happens when an ambitious woman outshines her well-meaning but insecure partner. It was inspired by Chloe’s experience surpassing the men in her own life. (But there is a happy ending!) 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 ...
Mar 12, 2024•30 min
The New York Times declared that physical wallets are on the outs. But is digital enough? Felix Salmon Emily Peck and Elizabeth Spiers discuss! Also: Steve Mnuchin’s heroic $1 billion bailout of New York Community Bank, and new rules requiring public companies to report their carbon emissions. In the Plus segment, a leaked Department of Labor email to a mysterious group of “super users” may reveal why January’s inflation numbers spiked. If you enjoy this show, please consider signing up for Slat...
Mar 09, 2024•44 min
In this Money Talks. Felix Salmon chats with former trader Gary Stevenson, author of The Trading Game: A Confession. In the book and conversation, Gary tells how a card game made him Citibank’s youngest trader…and how betting on economic downfall made him its most profitable. Why did he walk away at the top of his game? 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 e...
Mar 05, 2024•40 min
This week, Felix Salmon, Emily Peck and Elizabeth Spiers ponder the future of computers, cars, and…fast food? They discuss why Elon Musk is suing Sam Altman and OpenAI and the altruistic origins of ChatGPT. Also: Wendy’s “surge pricing” gaff had customers crying foul and Apple’s electric car has been scrapped. In the Plus segment: The downfall of Macy’s and the American department store. If you enjoy this show, please consider signing up for Slate Plus. Slate Plus members get an ad-free experien...
Mar 02, 2024•47 min
This week, Felix Salmon, Emily Peck and Elizabeth Spiers come with 0% interest and no fees! They discuss what the proposed merger between Capital One and Discover would mean for the rest of us and why the government probably won’t let it happen. Also: How long will Nvidia’s chip empire last, and why there are suddenly so many car washes everywhere. In the Plus segment: The gang reveals their all-time favorite kitchen gadgets. If you enjoy this show, please consider signing up for Slate Plus. Sla...
Feb 24, 2024•42 min
Felix Salmon sits down with Carrie Sun, whose book Private Equity: A Memoir recalls her life as the right-hand woman of a billionaire hedge fund manager. Burnt out on corporate life, Carrie wanted a low-key day job while she pursued her writing career. Instead, she found herself in a world of high-octane Wall Street hustle where profit is paramount. She and Felix discuss Wall Street culture, If you enjoy this show, please consider signing up for Slate Plus. Slate Plus members get an ad-free expe...
Feb 20, 2024•28 min
This week, Felix Salmon, Emily Peck and Elizabeth Spiers explain why factories, energy, stimulus money, and immigration have helped the U.S. economy succeed where its rivals struggle. Also: The failed Universal Music deal that silenced Taylor Swift music on TikTok, and why a typo by Lyft was the scourge of after-hours traders. In the Plus segment: Why is chocolate chip ice cream so hard to find? If you enjoy this show, please consider signing up for Slate Plus. Slate Plus members get an ad-free ...
Feb 17, 2024•50 min
BREAKING NEWS: Felix Salmon paid money to watch the Taylor Swift concert movie, he reveals it in a tell-all chat with Emily Peck and Elizabeth Spiers. They discuss CEO Bob Iger’s efforts to keep Disney the fairest entertainment company in the land and why New York Community Bank’s financial straits could be a win for ordinary renters. Also, has the backlash against the SAT test been misguided? Dartmouth thinks so. In the Plus segment, the gang explains Superbowl commercial trends. If you enjoy t...
Feb 10, 2024•44 min
In this Money Talks, Bianca Bosker, author of “Get the Picture,” chats with Felix Salmon about her adventures going undercover in the fine art world. Bianca worked as a museum security guard and gallery assistant, among other gigs, and got an inside peak at the smoke and mirrors of creating, collecting, and curating. 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 show every week. ...
Feb 06, 2024•49 min
This week, Felix Salmon, Emily Peck, and Elizabeth Spiers discuss why a Delaware judge blocked Tesla’s $55 billion compensation package for Elon Musk and what it means for his Mars dreams. Also: the meteoric rise and catastrophic fall of DNA testing service 23andMe, and Felix gives us a glimpse into the world of Sotheby’s and mega-high-end art auctions. In the Plus segment: News platform The Messenger had $50 million to spend. Why did it fold in less than a year? If you enjoy this show, please c...
Feb 03, 2024•45 min
In an off-week bonus episode of Money Talks, Felix Salmon, Emily Peck, and Elizabeth Spiers chat with Yale finance professor James Choi, who has cross-referenced the advice of more than 50 pop finance books with actual economic theory. How much should you save in your 20s and 30s? Should you put your money in a savings account or the stock market? Is it bad to change your retirement plan? James Choi spills the finance tea! If you enjoy this show, please consider signing up for Slate Plus. Slate ...
Jan 30, 2024•40 min
This week, Felix Salmon, Emily Peck, and Elizabeth Spiers discuss record-breaking rents that see most renters forking over more than 30% of their dough. Also: Infant apparel brand Kyte Baby’s maternity leave scandal, and why Josh wine is such a hit. In a British Slate Plus segment: An American professor says to put salt in our tea; Felix cries foul and explains how to make a proper English cuppa. If you enjoy this show, please consider signing up for Slate Plus. Slate Plus members get an ad-free...
Jan 27, 2024•52 min
For this edition of Money Talks, Grace Rauh, director of the 5BORO Institute, makes the case for office-to-residential conversion. The pandemic pushed people out of offices, and they don’t want to come back. Meanwhile, demand for affordable, urban housing is on the rise. Can we solve both problems at once? Grace and Felix Salmon discuss. 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 ...
Jan 23, 2024•42 min
