Last week, the stock market had its most volatile day in a long time. On this episode of TLDR, we break down the chaos and dig into some of the theories about why it happened. And, we look at which investors came out the strongest at the end of it all. This episode was hosted by Devin Friedman, business reporter Sarah Rieger, financial educator Kyla Scanlon and former hedgefunder Matthew Karasz. Follow us on other platforms, or subscribe to our weekly newsletter: linkin.bio/tldr The TLDR Podcast...
Aug 13, 2024•24 min•Ep. 38
Since 2005, the average price of a home in Canada has tripled. On this week’s TLDR, award-winning journalist Michelle Cyca — who wrote the definitive piece on the subject, The End of Homeownership , for Maclean’s last year — tells us why and what happens next. This episode was hosted by Devin Friedman and business reporter Sarah Rieger. Follow us on other platforms, or subscribe to our weekly newsletter: linkin.bio/tldr The TLDR Podcast is offered by Wealthsimple Media Inc. and is for informatio...
Aug 06, 2024•25 min•Ep. 37
A company you may or may not have heard of got a $23b offer from Google — and walked away. On this week’s TLDR, when should you say no to nine figures? Plus, how did a tobacco company become the best performing US investment in recent history? And, some divergent views on the wisdom of giving everybody free money. This episode was hosted by Devin Friedman, managing editor Kat Angus, financial educator Kyla Scanlon and former hedgefunder Matthew Karasz. Follow us on other platforms, or subscribe ...
Jul 30, 2024•24 min•Ep. 36
A crackdown on car thefts in Ontario and Quebec has had some unintended consequences. On this week’s TLDR, why our cars keep getting stolen. And, after decades of financial success, Nike now seems like a brand in trouble. Is this the end of the line for the swoosh? Plus, making sense of the latest market reversal. This episode was hosted by Devin Friedman, business reporter Sarah Rieger, financial educator Kyla Scanlon and former hedgefunder Matthew Karasz. Follow us on other platforms, or subsc...
Jul 23, 2024•22 min•Ep. 35
Investors are starting to trade stocks younger and younger. On this week’s TLDR, we look at what’s behind this retail trading boom — and why it doesn’t seem to be going anywhere. And, how berries became so expensive, and why everyone (especially parents) keeps on buying them. Plus, what product recalls really cost companies. This episode was hosted by Devin Friedman, business reporter Sarah Rieger, financial educator Kyla Scanlon and VP of Product Swapnil Parikh. Follow us on other platforms, or...
Jul 16, 2024•20 min•Ep. 34
Stocks have been rallying for a year and a half — and that’s making some investors nervous. On this week’s TLDR, we explore the wisdom behind investing in a bull market. Plus, a look at why Canadian home insurance prices have been soaring. And, a long strange trip through the finances of Las Vegas’s Sphere. This episode was hosted by Devin Friedman, business reporter Sarah Rieger, financial educator Kyla Scanlon and former hedgefunder Matthew Karasz. Follow us on other platforms, or subscribe to...
Jul 09, 2024•26 min•Ep. 33
On this week’s TLDR, what one bad bet from Wells Fargo can teach us about how credit card companies make all their money. And, the children of the ultra-rich are getting their inheritances soon. How do they plan to invest their fortunes? Plus, Canada’s most storied comedy festival is cancelled — maybe forever? What this not-so-funny development tells us about the state of the arts. This episode was hosted by Devin Friedman, business reporter Sarah Rieger, managing editor Kat Angus and former hed...
Jun 25, 2024•21 min•Ep. 32
What's been a better investment than Apple stock? Buying a professional sports team. This week, TLDR looks at the incredible returns on sports ownership, and why the NHL is trying to goose its numbers by... casting itself in a reality series. Plus, the Fed isn't doing the same thing as the BOC anymore — should we be worried? And, why we can't take our eyes off the succession drama at Paramount Global. This episode was hosted by Devin Friedman, business reporter Sarah Rieger, financial educator K...
Jun 18, 2024•24 min•Ep. 31
Last week, the Bank of Canada finally gave investors a bit of relief… in the form of a .25% interest rate cut. On this week's TLDR, what this cut means for investors, savers and anyone trying to make sense of the global economy. And, how a memestocker sent GameStop soaring — and, for a brief moment, looked like he was possibly on course to become a billionaire. Plus, how Abercrombie & Fitch rebranded — and became one of the best performing stocks on the market. This episode was hosted by Devin F...
Jun 11, 2024•26 min•Ep. 30
The market’s been booming for months — but not everyone’s getting in on the action. On this week’s TLDR, what we can learn about investing from a sector that’s been left out of the rally. Plus, Indigo Books, Music and More was once one of the most trusted brands in Canada. Why did they fall so far, so fast? And finally, it’s book release week! Kyla and the team offer an overview of her long-awaited economics primer. This episode was hosted by Devin Friedman, business reporter Sarah Rieger, finan...
Jun 04, 2024•21 min•Ep. 29
With home values and interest rates through the roof, who in their right mind would buy a house right now? Sarah Rieger, that’s who. On this week’s TLDR, fixed rates, variable rates, and the dream of sipping wine on your very own front porch. Plus, the AI gold rush has led to huge valuations for computing and tech companies. But who else is making out big? And, what killed Red Lobster? Hint: it wasn’t (just) all-you-can-eat shrimp. This episode was hosted by Devin Friedman, business reporter Sar...
May 28, 2024•22 min•Ep. 28
The central character of the 2021 GameStop frenzy tweeted a meme and the market went bananas. On this week’s TLDR, was the latest rally a sign that memestocks are alive and well? Or was it the last paroxysm of a bygone era? Plus, what the Canada-U.S. battle over softwood tariffs tells us about the trading relationship between the two countries. And, how OpenAI is shaping the future of artificial intelligence — and, possibly, human relationships. Editor's note: This episode was recorded on Friday...
May 21, 2024•22 min•Ep. 27
The stock market has approached all-time highs thanks to white-hot earnings reports. On this week’s TLDR, a look at what’s behind the good news. Plus, how regulators are — and aren’t — making sense of “Buy Now, Pay Later” apps. And, what the latest announcement from Nintendo tells us about the gaming industry — and Nintendo’s future. This episode was hosted by Devin Friedman, business reporter Sarah Rieger, financial educator Kyla Scanlon and former hedgefunder Matthew Karasz. Follow us on other...
May 14, 2024•22 min•Ep. 26
A new lawsuit accuses Apollo Global Management of making “death bets” on senior citizens. On this week’s TLDR, the tangled — and at times unsavory — world of life insurance. Plus, why the only place left to buy a home might be P.E.I. And, the technology powering Domino’s Pizza’s supercharged earnings. This episode was hosted by Devin Friedman, business reporter Sarah Rieger, financial educator Kyla Scanlon and former hedgefunder Matthew Karasz. Follow us on other platforms, or subscribe to our w...
May 07, 2024•22 min•Ep. 25
Elon Musk has lost an eye-popping amount of money this year. On this week’s TLDR, a look at the investment strategy that made him all those billions of dollars in the first place. (Hint: it’s the opposite of what your financial advisor would recommend.) Plus, a look at StatCan’s new income exploration tool, which shows you how your salary ranks against your neighbor’s. And, how Bluey took over kids’ TV. This episode was hosted by Devin Friedman, business reporter Sarah Rieger, financial educator...
Apr 30, 2024•23 min•Ep. 24
One of the best performing stocks of the past 25 years probably isn’t one you’d expect. On this week's TLDR, a deep dive into Monster, the energy drink company delivering caffeinated returns. Plus, a look at Amazon's distribution network and the disgruntled drivers who power it. And, why the Fed's not cutting rates any time soon and what it might mean for investors. This episode was hosted by Devin Friedman, business reporter Sarah Rieger, financial educator Kyla Scanlon and VP of Product Swap P...
Apr 23, 2024•24 min•Ep. 23
Gold prices are soaring and nobody’s totally sure why. On this week’s TLDR, a primer on the gold market and some theories about why it’s so hot right now. Plus: why it’s never been more expensive to own a car, and how Ozempic could transform medicine — and the snack food aisle. This episode was hosted by Devin Friedman, business reporter Sarah Rieger, financial educator Kyla Scanlon and former hedge-funder Matthew Karasz. Follow us on other platforms, or subscribe to our weekly newsletter: linki...
Apr 16, 2024•20 min•Ep. 22
Congratulations on making it to the end of the fiscal quarter! To commemorate, we explain how markets soared, whether investors are crazed, and what might happen next. Oh, and we bring back the FOMO news quiz. See if you're smarter than our panel of TLDR news experts. And finally: help us win a Webby! Vote for the TLDR newsletter in the Business, Tech, and News category. This episode was hosted by TLDR newsletter managing editor Kat Angus, business reporter Sarah Rieger, financial educator Kyla ...
Apr 09, 2024•20 min•Ep. 21
This week on TLDR: Donald Trump’s media company (home of Truth Social) went public last week and the stock price went wild, rising by nearly 60 percent.* So why do investors think $DJT is a good buy? And what happens if Trump tries to sell his shares? Plus: sports betting takes off in Ontario, and the story behind chocolate’s big meltdown. This episode was hosted by Devin Friedman, business reporter Sarah Rieger, financial educator Kyla Scanlon and former hedgefunder Matthew Karasz. Follow us on...
Apr 02, 2024•21 min•Ep. 20
This week on TLDR: What do central bankers actually do? We find out what it takes to make the economy not too hot, not too cold, but just right. Plus, we take a trip to AI Woodstock (aka the Nvidia product launch) and find out what Jensen Huang and Justin Timberlake may have in common. Also, why some realtors may be out of a job soon, and why crypto is the ransom of choice. This episode was hosted by Devin Friedman, business reporter Sarah Rieger, financial educator Kyla Scanlon and former hedge...
Mar 26, 2024•23 min•Ep. 19
This week on TLDR: the team talks TikTok — why the U.S. wants to ban it, and whether a Canadian ban may follow. We also discuss the Squamish First Nation's plans for an ambitious new development in the heart of downtown Vancouver. Plus, why is private credit so hot right now, and can you spot a bubble before it pops? This episode was hosted by Devin Friedman, business reporter Sarah Rieger, financial educator Kyla Scanlon and former hedge funder Matthew Karasz. Follow us on other platforms, or s...
Mar 19, 2024•20 min•Ep. 18
This week on TLDR: we talk with Cathie Wood, the controversial CEO of ARK Invest, an investment-management firm that has become synonymous with the most speculative of speculative tech investments. We ask Wood about her investing strategy, the future of AI, and why she sold Nvidia out of ARK’s flagship portfolio as its shares were soaring. Plus, why Bitcoin is suddenly rallying, The Body Shop’s downfall, and why Formula One is racing to the top with investors. This episode was hosted by Devin Fr...
Mar 12, 2024•30 min•Ep. 17
This week on TLDR: The restaurant chain Wendy’s announced a plan to introduce "dynamic pricing" but quickly punted on the idea after the internet had Some Thoughts. We also find out how Stripe -- the privately held e-payments processor -- turned a niche product into a US$65 billion business. Plus, Canada’s favourite pipeline, and why many companies want to end work-from-home for good. This episode was hosted by Devin Friedman, business reporter Sarah Rieger, financial educator Kyla Scanlon and f...
Mar 05, 2024•23 min•Ep. 16
This week on TLDR: Red Lobster used bottomless shrimp to get diners in the door — and lost a boatload of cash. Which underscores an important rule of business: never bet against the North American eater. We also find out why stuff like Airbnb and DoorDash suddenly got so pricey, and why that probably hit millennials the hardest. This episode was hosted by Devin Friedman, TLDR newsletter managing editor Kat Angus, financial educator Kyla Scanlon and former hedge-funder Matthew Karasz. Follow us o...
Feb 27, 2024•25 min•Ep. 15
This week on TLDR: Why fresh inflation data has some investors pushing back their rate-cut timelines. Plus, Shopify's revenue goes up, but it's stock takes a dive, and the typo that cost Lyft investors millions. This episode was hosted by Devin Friedman, business reporter Sarah Rieger, financial educator Kyla Scanlon and former hedge-funder Matthew Karasz. Follow us on other platforms, or subscribe to our weekly newsletter: linkin.bio/tldr The TLDR Podcast is offered by Wealthsimple Media Inc. a...
Feb 20, 2024•24 min•Ep. 14
This week on TLDR: We discuss the ascendant shopping platform Temu, which, suddenly, seems to be everywhere, partly thanks to a half a dozen or so ads it ran on Sunday. We explain what exactly Temu is, plus Uber’s big rebound, Canada’s not-so-bad-actually unemployment rate, and one very profit-hungry Caterpillar. This episode was hosted by Devin Friedman, business reporter Sarah Rieger, financial educator Kyla Scanlon and former hedgefunder Matthew Karasz. Follow us on other platforms, or subscr...
Feb 13, 2024•23 min•Ep. 13
This week on TLDR: Is it just us, or does the entire economy now seem geared toward people who live entirely on DoorDash food? We unpack how introverts became a mega market force (and sparked a public-health epidemic). Plus: if you think Meta is lame, maybe you didn’t see their earnings report last week. How Zuck’s 20-year-old company is crushing 2024. This episode is hosted by Devin Friedman, business reporter Sarah Rieger, financial educator Kyla Scanlon, and former hedge funder Matthew Karasz...
Feb 06, 2024•22 min•Ep. 12
This week on TLDR: Apple’s new Vision Pro goggles are already sold out. Why are people (finally) getting excited about virtual reality headgear? Plus, Tesla’s not-so-great news, what Alberta and Texas have in common (hint: it’s not oil or cattle), and we talk Oscar snubs, streaming, and the business of movie making with a Hollywood insider. This episode was hosted by Devin Friedman, business reporter Sarah Rieger, financial educator Kyla Scanlon and former hedge-funder Matthew Karasz. Follow us ...
Jan 30, 2024•28 min•Ep. 11
This week on TLDR: The latest on the Rogers family drama. Plus, puffy coats and hot air at Davos, Jamie Dimon gets a $36mm present, and why your mortgage is hoping 2024 is the new 1948. This episode was hosted by Devin Friedman, business reporter Sarah Rieger, financial educator Kyla Scanlon and former hedge-funder Matthew Karasz. Follow us on other platforms, or subscribe to our weekly newsletter: linkin.bio/tldr The TLDR Podcast is offered by Wealthsimple Media Inc. and is for informational pu...
Jan 23, 2024•23 min•Ep. 10
This week on TLDR: Why good investing comes down to a few days a year. Plus Bitcoin gets boring, Boeing gets a little too exciting, and is it time for an American Psycho reboot? This episode was hosted by Devin Friedman, business reporter Sarah Rieger, finance educator Kyla Scanlon, and former hedgefunder Matthew Karasz. Follow us on other platforms, or subscribe to our weekly newsletter: linkin.bio/tldr The TLDR Podcast is offered by Wealthsimple Media Inc. and is for informational purposes onl...
Jan 16, 2024•22 min•Ep. 9
