Slate Money

Mary Childs, co-host of Planet Money and author of 'The Bond King', dives into the intricate issues surrounding the national debt. She discusses why current concerns about fiscal deficits demand attention, contrasting them with historical precedents. The conversation reveals the political fallout from Trump's firing of the Bureau of Labor Statistics head, highlighting the trust crisis in economic data. Finally, they explore Tesla's hefty incentive package for Elon Musk and its implications for corporate governance.

Cheyna Roth, a senior producer at Slate and former host of The Waves, joins for a lively discussion on the wealth dynamics in HBO's 'And Just Like That...' They explore Carrie Bradshaw's baffling real estate journey and the fantasy of affluence in New York City. The conversation tackles the discomfort viewers feel watching rich characters find happiness and debates the concept of 'hate watching.' Roth and Peck also reflect on the societal implications of wealth portrayal in media, making you rethink your favorite TV moments.

Travelers often face the dilemma of checking bags versus packing light. Discover tips on making the most of your carry-on, including the game-changing use of AirTags for tracking luggage. The discussion also reveals personal anecdotes about the stress of airports and creative solutions like luggage shipping services. Delve into the emotional highs and lows that come with travel, as well as practical strategies for mastering the art of packing. Embrace the journey with a mindset that balances convenience and minimalism.

Nathan Bomey, a business reporter at Axios and author of Axios Closer, dives into the tension between sports and gambling. He discusses how the sports betting boom threatens the integrity of major leagues and ponders if this controversy truly matters. The conversation also touches on the impact of recent tariffs on global trade, particularly their effect on luxury goods and job growth in the U.S. Amid all this, there's a playful look at sports as both genuine competition and an entertainment spectacle.

The resurgence of meme stocks, particularly labeled as 'DORK' stocks, sparks lively debates about their impact on the market. The hosts explore how investor sentiment is shifting towards speculative trends, like cryptocurrency ventures returning to the U.S. amid relaxed regulations. They also dissect the financial and political implications behind CBS's cancellation of a popular late-night show, suggesting it might not be just about ratings. Expect insights on market dynamics, fintech collaborations, and the interplay of politics in media!

Emily Mester, the author of "American Bulk: Essays on Excess," dives into the intriguing landscape of consumerism. She reflects on her upbringing in a consumption-driven family and the emotional thrill of shopping at places like Costco. The conversation takes a nostalgic turn discussing chain restaurants as comforting social spaces that reflect changing class dynamics. Mester also shares her post-college retail experience and critiques the complexities of customer service in the retail sector, highlighting the psychological pull of mass consumption in American culture.

A recent court ruling has quashed a rule protecting medical debt from harming credit scores, sparking debates on financial repercussions for low-income individuals. The hosts discuss a proposal to cut national holidays in France to reduce debt and its linked productivity concerns. Trump’s controversial statement about Coca-Cola switching to sugar cane brings up discussions on the sugar industry’s influence and preferences in consumer products. Plus, there's a tasty exploration of which Coke variant reigns supreme in flavor!

This week, the hosts dissect Trump's controversial megabill, poking fun at its catchy name while unraveling alarming economic implications. They dive into the chaos of his trade tariffs, questioning the logic behind them. The idea of a 'Trump Account' for newborns gets a humorous spin, prompting a debate on baby bonds and financial equity. Lastly, they tackle the unsettling remittance tax on immigrants, shedding light on its repercussions for families. It's a blend of biting analysis and witty observations!

Journalist and anthropologist Brian Goldstone, author of *There Is No Place For Us*, discusses the troubling realities of working homelessness in America. He reveals the stark contrast between societal perceptions and the often invisible struggles faced by working individuals without stable housing. Goldstone shares personal stories, including a mother’s descent into homelessness due to systemic failures, and critiques the exploitative conditions in extended stay hotels. He advocates for viewing housing as a human right and suggests innovative solutions to tackle the housing crisis.

This week: The US stock market has reached a new all time high.  Felix Salmon, Emily Peck and Elizabeth Spiers are joined once again by investments expert Barry Ritholtz who talked us through the market turmoil of Trump’s tariff spree back in April. Barry helps the hosts break down the behavior of the markets right now, examine the historical context of record breaking highs, and theorize why the price of the US dollar is still falling.  In the Slate Plus episode: Should we just let kids have the summer to rot?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.