Slate Money
Business
Slate Podcasts
A weekly roundup of the most important stories from the worlds of business and finance, hosted by Felix Salmon.
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Slate Money Criminals: John Ackah Blay-Miezah
Felix Salmon, Emily Peck, and Elizabeth Spiers speak with Yepoka Yeebo, author of Anansi’s Gold: The Man Who Looted the West, Outfoxed Washington, and Swindled the World. Yeebo explains how John Ackah Bley-Miezah convinced people that he held the keys to a large fortune. All they needed to do was help him access it.
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Podcast production by Patrick Fort.
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46:2521/08/2023
Rao’s Pasta Sauce is the Zoom of Food
Felix Salmon, Emily Peck, and Elizabeth Spiers discuss FDIC chair Martin Guenberg’s proposal to let big bank debt holders lose money before the uninsured depositors. Also, Rao’s upscale cornering of the red sauce market leads to its $2.7 billion sale to Campbell’s. Finally “The Wig”: Argentina’s right-wing primary winner Javier Milei’s arresting mop and his plan to toss out the currency.
In the Plus segment: Why can’t it be Halloween all year round?
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Podcast production by Kevin Bendis and Patrick Fort.
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53:2519/08/2023
ESPN Bets on Sports Betting
Felix Salmon and Elizabeth Spiers are joined by Cardiff Garcia (host of The New Bazaar) to discuss ESPN’s big new investment in sports betting. They break down the state of a lawsuit over how much UFC fighters get paid. Finally, they talk about the increasing allure of private credit.
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Podcast production by Patrick Fort.
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47:4512/08/2023
Slate Money Criminals: Bernie Madoff
Felix Salmon, Emily Peck, and Elizabeth Spiers kick off Slate Money’s series on some of the biggest financial scandals in recent history. This week they are joined by Joe Berlinger, director of “Madoff: The Monster of Wall Street”. Berlinger tells the Slate Money crew about Madoff and how his infamous Ponzi scheme ultimately came tumbling down.
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Podcast production by Patrick Fort.
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44:3107/08/2023
America’s Credit Rating Went Down. So What?
Felix Salmon, Emily Peck, and Elizabeth Spiers talk about the recent downgrade of America’s credit rating by one agency. They also cover how Taylor Swift and Beyonce are changing concert tours, and figure out whether or not anyone is judging you during a business lunch.
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Podcast production by Patrick Fort.
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53:1905/08/2023
Will The UPS Union Deal Deliver?
Felix Salmon, Emily Peck, and Elizabeth Spiers talk about the tentative agreement between UPS and their unionized workers. They discuss how Goldman Sachs’ Apple credit card went bad, and a new study reveals how household income influences Ivy League admission rates.
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Podcast production by Patrick Fort.
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57:2729/07/2023
Wal-Mart v. Amazon: The Battle for Retail’s Soul
Felix Salmon, Emily Peck, and Elizabeth Spiers are joined by author Jason Del Rey to talk physical retail’s woes. They discuss Jason’s new book, Winner Sells All: Amazon, Walmart and the Battle for Our Wallets. Then they dig into what is going on with physical retail space and how looting can help Amazon and other resalers. And finally, why the IRS is investigating crypto bros in Puerto Rico.
In the Plus segment: What happened to Taco Tuesday?
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Podcast production by Cheyna Roth
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57:0122/07/2023
Trouble in the House of Mouse
Felix Salmon, Emily Peck, and Elizabeth Spiers talk about Disney’s challenges especially now that writers and actors are both on strike. They discuss the aftermath of the U.S. Supreme Court’s decision on student loans. And finally, what to do if your bank suddenly closes your account.
In the Plus segment: Giant cruise ship!
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Podcast production by Patrick Fort.
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01:04:1015/07/2023
Can Threads Take Down Twitter?
Felix Salmon, Emily Peck, and Elizabeth Spiers talk about Threads, the new competitor to Twitter. They also discuss Janet Yellen’s trip to China and what it means for American foreign policy. Finally, have tipping and service charges gone too far?
In the plus segment: Pregnant workers now have more workplace rights.
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Podcast production by Patrick Fort.
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54:4208/07/2023
How The Affirmative Action Ruling Changes Corporate America
Felix Salmon, Emily Peck and Elizabeth Spiers take on the Supreme Court’s decision on affirmative action. They also talk about the (very good!) marketing campaign behind the upcoming Barbie movie, and the (less good) influencer campaign for SHEIN.
In the Plus segment: Vanna White needs a raise!
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Podcast production by Patrick Fort.
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43:4801/07/2023
The NCAA is…What, Exactly?
Felix Salmon, Emily Peck and Anna Szymanski break down the last two years of the college sports economy. Players can get paid for their name, image, and likeness. Is that a good thing? And how interest rate hikes have put private equity firms at risk.
In the plus segment: Why college sports coaches make so much, and how that might be changing.
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Podcast production by Patrick Fort.
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01:04:3024/06/2023
Could Global Inequality Actually Be…Good?
This week, Felix Salmon, Emily Peck, and Elizabeth Spiers discuss what the decline in global economic inequality really means for our future, why you shouldn’t take luxury pictures right after you burn an industry to the ground, and why the Instant Pot couldn’t survive.
In the Plus segment: Felix’s piece on why you shouldn’t stress about commercial real estate.
Podcast production by Cheyna Roth.
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46:3917/06/2023
The SEC’s Crypto Crackdown
Felix Salmon, Emily Peck, and Elizabeth Spiers talk about the SEC lawsuits against Binance and Coinbase. Then they are joined by Slate’s own Henry Grabar for a chat about his new book, Paved Paradise: How Parking Explains the World.
In the plus segment: More conversation with Henry Grabar
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Podcast production by Patrick Fort.
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56:0010/06/2023
The Economic Tale of the Writers Strike
Felix Salmon, Emily Peck, and Elizabeth Spiers talk about the ongoing WGA strike, the latest news on the Fed’s fight against inflation, and how CEOs are courting Chinese business while staying in America’s good graces.
In the Plus segment, movie theaters are trying everything to get you back into the cinema, including booze and gourmet food.
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Podcast production by Patrick Fort.
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54:5603/06/2023
Succession S4 Ep10: Fairly Explosive Mega-F***
This week, Felix Salmon, Emily Peck, and Elizabeth Spiers are joined by NPR media correspondent David Folkenflik to discuss the series finale of Succession. It all comes down to this; who wins, who loses, and, who gets ‘the kiss from Daddy’?
The Tom/Greg Taylor Swift video.
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Podcast production by Jessamine Molli and Patrick Fort.
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01:04:5429/05/2023
Rainbow Rage
This week, Felix Salmon, Emily Peck, and Elizabeth Spiers discuss the conservative backlash to corporate LGBTQIA+ Pride campaigns, Nvidia’s soaring stock and what it means for the future of AI, and what’s up with Germany’s economic slowdown.
In the Plus segment: Elizabeth's piece on strivers and Succession.
Podcast production by Jessamine Molli and Patrick Fort.
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46:3127/05/2023
Succession S4 Ep9: Church and State
This week, Felix Salmon, Emily Peck, and Elizabeth Spiers are joined by filmmaker, activist (and member of a real-life media dynasty) Abigail Disney to discuss the penultimate episode HBO’s Succession. At Logan’s funeral, speeches are made and power is brokered as the future of Waystar Royco hangs in the balance.
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Podcast production by Jessamine Molli and Patrick Fort.
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54:2822/05/2023
The Debt Ceiling is Dumb
This week, Felix Salmon, Emily Peck, and Elizabeth Spiers discuss this big debate over the debt ceiling and why it’s so dumb, Sam Altman’s request for AI regulation, and the theory of “greedflation”.
In the Plus segment: British accents!
Podcast production by Jessamine Molli and Patrick Fort.
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51:2020/05/2023
Succession S4 Ep8: Election Night
This week, Felix Salmon, Emily Peck, Elizabeth Spiers, and guest Euan Rellie discuss the Election Night episode of Succession season 4.
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50:5715/05/2023
The Felix Wrote A Book Episode!
This week, Felix Salmon, Emily Peck, and Elizabeth Spiers discuss Felix’s new book The Phoenix Economy: Work, Life, and Money in the New Not Normal.
In the Plus segment: monkeys and immigration policy.
Podcast production by Jessamine Molli and Patrick Fort.
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49:0013/05/2023
Succession S4 Ep7: Two Indias (And Two Episode Directors)
Felix Salmon, Emily Peck, and Elizabeth Spiers are joined this week by a star-studded lineup to discuss episode seven of HBO’s Succession. Author Taffy Brodesser-Akner, plus Shari Springer Berman and Robert Pulcini (the directors of this episode) join the gang to talk about the Roys’ election tailgate party.
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Podcast production by Patrick Fort.
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01:08:1208/05/2023
Why The First Republic Failure Is Different
Felix Salmon, Emily Peck, and Elizabeth Spiers talk about the failure of First Republic Bank, the (maybe) end of interest rate hikes, and how the shopping app Temu is shaking up e-commerce. Also, a more humane approach to chickens.
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Podcast production by Patrick Fort.
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49:3806/05/2023
Succession S4 Ep6: Living+
Felix Salmon, Emily Peck and Elizabeth Spiers are joined by Ed Lee of the New York Times for a spoilery recap of episode six of the final season of HBO’s Succession. They talk about Waystar’s investors meeting, Roman’s attempts to fire some people, and Tom and Shiv’s new game.
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Podcast production by Patrick Fort.
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57:2601/05/2023
“Traffic”: Ben Smith and the Death of the Social Web
Felix Salmon, Emily Peck and Elizabeth Spiers are joined by Semafor editor-in-chief Ben Smith to discuss his new book. They also break down Tucker Carlson’s departure from Fox News and the end of Buzzfeed News.
In the Plus: A throwback to the olden days of blogging.
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Podcast production by Patrick Fort.
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48:3029/04/2023
Succession S4 Ep5: Bleed The Swede
Felix Salmon, Emily Peck, and Elizabeth Spiers are joined by Peter Kafka of Vox. They discuss episode five of the final season of HBO’s Succession, including a drug-fueled party, a very normal trip to Norway, and why the baguette may in fact be mightier than the bagel. Also, bags of blood. Really.
Check out how the Succession timeline (kind of) works.
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Podcast production by Patrick Fort.
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47:4824/04/2023
Elon’s Rapid Unscheduled Disassembly
Felix Salmon, Emily Peck, and Elizabeth Spiers discuss the biggest business, tech and finance stories of the week. This week, Fox News settles with Dominion, Elon’s rocketship blows up, and Apple has a savings account now.
In the plus: Quantifying the value of domestic labor.
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Podcast production by Patrick Fort.
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55:2422/04/2023
Succession S4 Ep4: Succession!
Felix Salmon, Emily Peck, and Elizabeth Spiers are joined by graphic designer Michael Bierut to recap the fourth episode of the last season of HBO’s Succession. The family attends Logan’s wake where big moves are made. Someone gets a surprising phone call. And where did that piece of paper come from?
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Podcast production by Patrick Fort.
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01:02:0017/04/2023
The China Problem
Felix Salmon, Emily Peck, and Elizabeth Spiers go over China’s expanding role in the international debt market. They discuss a new problem with the American mortgage system, and dive into the wild world of the collectibles market.
In the Plus segment, Rupert Murdoch’s email divorce.
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Podcast production by Patrick Fort.
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52:3215/04/2023
Succession S4 Ep3: Logan F---s Off
Felix Salmon, Emily Peck, and Elizabeth Spiers are joined by Slate’s Lizzie O’Leary to go over the shocking third episode of the last season of HBO’s Succession. Are Tom and Shiv going to get back together? What was in the “Logistics” folder? And was Connor’s wedding actually nice?
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Podcast production by Patrick Fort and Ben Richmond.
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01:04:3810/04/2023
How to Win at Roulette
Slate Money hosts Felix Salmon, Emily Peck and Elizabeth Spiers talk about the podcasting economy and if the bubble has burst—or if it will soon. They also talk about Anthony Scaramucci’s hedge fund troubles, and a story about how to win at roulette.
In the Plus segment: The implications of Supreme Court Justice Thomas’ ties to a billionaire, and the broader politicization of the American judicial system.
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Podcast production by Patrick Fort, with technical assistance from Ben Richmond.
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49:2508/04/2023
Succession S4 Ep2: F---ing Pirates
Felix Salmon, Emily Peck and Elizabeth Spiers are joined by The New Yorker’s Clare Malone to recap the latest episode of HBO’s Succession. Will Kerry get on ATN? Will the Kids squash the GoJo deal? Is anyone going to come to Connor’s wedding?
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Podcast production by Patrick Fort and Ben Richmond.
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01:04:5003/04/2023
The Layoff Dopamine Hit
This week, Felix Salmon, Emily Peck, and Elizabeth Spiers are joined by Kevin Delaney, co-founder of Charter. They discuss the layoffs that have swept across multiple industries, and if letting workers go actually solve the issues CEOs say they are. They also take a look at how work has changed during the pandemic, digging into how middle managers have the worst jobs, and how having too many meetings sucks.
In the Plus segment: Who does the radical candor system actually help?
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Podcast production by Anna Phillips and Patrick Fort.
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01:00:0601/04/2023
Succession S4 Ep1: High-Calorie Infosnacks
This week, Felix Salmon, Emily Peck, and Elizabeth Spiers are joined by author and journalist Jim Stewart to recap episode one, season four of HBO’s Succession. They talk architecture, business deals, and parallels between the television drama and real-life media moguls.
Podcast production by Anna Phillips and Patrick Fort.
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01:01:2427/03/2023
Too Big, To Fail, Too Furious
This week, Felix Salmon, Emily Peck, and Elizabeth Spiers discuss the rescue of Credit Suisse. They also break down the politics behind federal deposit insurance, and what will come out of this week’s Congressional hearings about TikTok.
Podcast production by Patrick Fort.
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01:09:2825/03/2023
Normal Bank Failure
This week, Felix Salmon, Emily Peck, and Elizabeth Spiers dive into the drama in the banking world. They discuss the fallout of the collapse of Silicon Valley Bank and its subsequent government takeover. They also take some listener questions about SVB! Felix, Emily and Elizabeth also discuss Credit Suisse, and how government policy may change for banks that are “too big to fail”.
In the Plus segment: What was it like to have an SVB bank account in the last week?
Podcast production by Anna Phillips and Patrick Fort.
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57:5018/03/2023
The Banks Special
This week, Felix Salmon, Emily Peck, and Elizabeth Spiers are joined by American Banker national editor Kevin Wack to discuss all things banking, including retail banking, why it’s so difficult to switch banks and why neobanks aren’t more successful. They also discuss the Wells Fargo fake accounts scandal.
In the Plus segment: the lead up to the Silicon Valley Bank downfall.
Podcast production by Anna Phillips and Patrick Fort.
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48:4111/03/2023
Microchips and Child Care
This week, Felix Salmon, Emily Peck, and Elizabeth Spiers discuss a stipulation in the CHIPS Act that requires companies who take federal funding from the CHIPS Act to provide child care options for their employees. They also discuss the political controversy over ESG investing, and the confusion over a new partnership that will allow Amazon employees to pay for their mortgage with Amazon stock.
In the Plus segment: restaurant ordering etiquette.
Podcast production by Anna Phillips.
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48:4404/03/2023
Homebuilders are Doing Great
This week, Felix Salmon, Emily Peck, and Elizabeth Spiers discuss why the market for newly built homes is outperforming the market for existing homes. They also talk about the increased employment rate for people with disabilities, as well as the new slew of charges against Sam Bankman-Fried.
In the Plus segment: the new World Bank president.
Podcast production by Anna Phillips.
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52:5425/02/2023
Rihanna for World Bank President
This week, Felix Salmon, Emily Peck, and Elizabeth Spiers explain why the president of the World Bank is stepping down, and throw out some guesses of who might replace him. They also discuss the train derailment in Ohio, and the influx of subpar online advertisements.
In the Plus segment: How should Felix market his upcoming book?
Podcast production by Anna Phillips.
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52:1218/02/2023
Will A.I. Kill the Internet?
This week, Felix Salmon, Emily Peck, and Elizabeth Spiers discuss Microsoft’s attempt to break into artificial intelligence assisted search with a revamp of their Bing search engine. They also talk about record high profits for oil companies and Bed Bath & Beyond’s financial shenanigans.
In the Plus segment: Tether.
Podcast production by Anna Phillips.
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54:5711/02/2023
The Drug that Debunks Free Will
This week, former Slate Money host Cathy O’Neill joins Felix Salmon, Emily Peck, and Elizabeth Spiers to discuss the technical glitch at the New York Stock Exchange. They also talk about a new study that found the IRS disproportionately audits Black taxpayers, and about Ozempic, a shockingly effective – and expensive – weight loss drug.
In the Plus segment: a debate over Slack etiquette.
Podcast production by Anna Phillips.
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58:0104/02/2023
Chip War
This week, Chris Miller joins Felix Salmon, Emily Peck, and Elizabeth Spiers to discuss his new book, Chip War: The Fight for the World's Most Critical Technology. They discuss the crucial role of microchips, the global dynamics of microchip design and manufacturing, and how chips factor into US-China relations.
In the Plus segment: Moore’s Law.
Podcast production by Anna Phillips.
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50:1928/01/2023
It’s Not TV
This week, Felix Gillette joins Felix Salmon, Emily Peck, and Elizabeth Spiers to talk about his new book It's Not TV: The Spectacular Rise, Revolution, and Future of HBO and discuss the state of streaming, the relationship between sports and advertisers, and the decline of the movie theater industry.
In the Plus segment: YouTube.
Podcast production by Jessamine Molli.
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57:4121/01/2023
Is Inflation Ova?
This week Felix Salmon, Emily Peck, and Elizabeth Spiers discuss how the avian flu has skyrocketed egg prices, even as inflation continues to plateau. They also talk about the ongoing controversy over gas stoves and scrutinize a recent article about Columbia Business School’s new campus.
In the plus segment: Noma, an extravagant restaurant in Copenhagen hailed as the world’s best restaurant, is closing. What does that say about that status of “fine dining”?
Podcast production by Anna Phillips.
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47:3714/01/2023
Burning Platforms
This week, Felix Salmon, Emily Peck, and Elizabeth Spiers discuss the FTC’s proposed non-compete ban, the bank run at Silvergate, and the cause of Southwest’s absolute meltdown this holiday season.
In the Plus segment: E-bikes.
Podcast production by Jessamine Molli.
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44:1307/01/2023
The 2022 Markets Wrap-Up
In this New Year’s Eve special, Felix Salmon, Emily Peck, and Elizabeth Spiers are joined by Ritholtz Wealth Management CEO Josh Brown to discuss all things markets.
Podcast production by Anna Phillips.
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52:4231/12/2022
In Defense of Nepotism
This week, Felix Salmon, Emily Peck, and Elizabeth Spiers discuss the proposed changes to retirement plans in Congress’s 2023 spending bill. They also talk about the current boom in cocaine production and debate whether or not nepotism is as bad as everyone says.
In the Plus segment: Felix, Emily, and Elizabeth admit what they each got wrong about 2022.
Podcast production by Anna Phillips.
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53:2324/12/2022
Should You Care About the Dot Plot?
This week, Felix Salmon, Emily Peck, and Elizabeth Spiers explain what the Fed’s interest rate dot plot means. They also talk about Microsoft’s attempted acquisition of video game developer Activision, and the latest details of the SBF scandal.
In the Plus segment: the revival of the office holiday party.
Podcast production by Anna Phillips.
Learn more about your ad choices. Visit megaphone.fm/adchoices
53:3417/12/2022
The NYT Strike: End of the Wordle Streak
This week, Felix Salmon, Emily Peck, and Elizabeth Spiers talk about the Trump Organization’s tax fraud conviction, why workers at The New York Times went on strike and ChatGPT, a shockingly articulate AI chatbot.
In the Plus segment: How to tackle holiday gifting.
Podcast production by Anna Phillips.
Thanks Avast.com! Learn more about Avast One at Avast.com
Learn more about your ad choices. Visit megaphone.fm/adchoices
51:4710/12/2022
The Tale of Two Bobs
This week, Felix Salmon, Emily Peck, and Elizabeth Spiers talk about the CEO shakeup at Disney, shrinkflation, and Sam Bankman-Fried’s unusual post-scandal media appearances.
In the Plus segment: the controversy over Balenciaga’s new ad campaign.
Podcast production by Anna Phillips.
Learn more about your ad choices. Visit megaphone.fm/adchoices
55:4903/12/2022