Slate Money

This week: Zohran Mamdani won the Democratic primary in the race for New York City mayor.  Felix Salmon, Emily Peck and Elizabeth Spiers discuss the alarmist reactions from business leaders to the Mamdani’s win and why he’s hardly the threat to capitalism they make him out to be. Then, Trump has turned his sights on Jay Powell once again, threatening to prematurely name his successor for Fed Chair. The hosts break down why this “shadow chair” tactic is unlikely to work. And finally, mega-billionaire Jeff Bezos is finally marrying his beloved Lauren Sanchez in an over-the-top, star-studded wedding in Venice. Whatever happened to stealth wealth and quiet luxury? In the Slate Plus episode: The MAGA Blue Collar Obsession  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. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this Money Talks: Felix Salmon is joined by author James Frey to discuss his new novel, Next to Heaven, set among America’s ultra-ultra-rich, the real life billionaires he knows who inspired it, and why he thinks money is addicting.  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. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week: We become cheerleaders for crypto regulation, AI, and…Cheerleaders. Felix Salmon, Emily Peck and Elizabeth Spiers discuss the GENIUS act, the major crypto regulation bill which recently passed the Senate, and its implications for regulating stable coins and how it could upend payment processing as we know it in the United States. Then, the hosts discuss the Dallas Cowboys cheerleaders, who recently received a 400% raise as chronicled on the Netflix series America’s Sweethearts. And finally the hosts listen and react to an AI recreation of the podcast with the help by one of our listeners. Please enjoy your new parasocial relationships with Felix-bot, Emily-bot, and Elizabeth-bot. In the Slate Plus episode: What the hell is an EMILLI? Check out Felix’s recommendation, the Zero Art Fair, July 8-12, 2025, at The FLAG Art Foundation, NYC. 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 Benjamin Frisch Learn more about your ad choices. Visit megaphone.fm/adchoices

This week: Warner Brothers and Discovery breakup again. Felix Salmon, Emily Peck and Elizabeth Spiers examine the undoing of the three-year-old merger. Then, the hosts discuss runaway AI valuations as Meta spends billions on AI and xAI raises equity off a multi-billion dollar valuation. And finally, what effects are Trump’s aggressive immigration policies having on the economy? In the Slate Plus episode: What happened to happy hour? 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. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this Money Talks: Felix Salmon is joined by Barry Lam, host of Slate’ philosophy podcast Hi-Phi Nation to help him explain how the GOP sees the budget deficit in the “Big Beautiful Bill” using philosophical arguments.  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. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week: Prices are going up, but inflation data has become unreliable under Trump. Felix Salmon, Emily Peck and Elizabeth Spiers discuss how staffing cuts at The Bureau of Labor Statistics have called economic data into question, and what that means for our economy. Then, someone went ahead and told Trump what TACO stands for and he’s pissed. The hosts discuss how a markets term coined by finance journalist Robert Armstrong went mainstream and whether Trump knowing about it changes anything. And finally, does Gen Z hate reading or not? What are these kinds of stories really telling us? In the Slate Plus episode: The most anticipated fight is ON! 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. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this special episode of Slate Money, Felix Salmon, Elizabeth Spiers, and Emily Peck discuss how long is too long for a vacation. They dig into how time zones should factor into travel plans, how much recovery time you need on the back end of a vacation, and why you should sometimes plan a trip to do absolutely nothing.   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 Cheyna Roth. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week: Felix Salmon left Axios. He, Emily Peck and Elizabeth Spiers discuss the opaque language and politics around parting ways with an employer and the motivation behind giving severance packages. Then, it seems the threat of AI taking over jobs is becoming real as the hosts examine the role state of AI in tech and other industries and its effect on the job market. Finally, major stablecoin issuer Circle is going public. So what is a stablecoin and why do people want them? In the Slate Plus episode: Donald Trump’s Rococo Share 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. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this Money Talks: Hillary Frey joins Emily Peck to discuss the kind of rich people that populate the Apple TV+ show Your Friends & Neighbors, Jon Hamm’s Don Draper-esque charm, and whether there’s any real point to having a murder plot line.  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. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this special episode of Slate Money, Felix Salmon, Emily Peck and Elizabeth Spiers. They talk discuss why you should never get the hotel breakfast, whether locals should get discounts at popular spots, and whether you should avoid tourist traps.    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 Cheyna Roth. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week: The bond vigilantes are being summoned by Trump’s take bill. Felix Salmon, Emily Peck, and Elizabeth Spiers discuss the contents of the controversial bill and how the bond markets are reacting. Then, Julian Sanchez of the WatchCats podcast joins to discuss Elon Musk’s announcement that he’s stepping back from the government and break down what he did with DOGE. Then, has the rise of GLP-1s created a dilemma for group dinners?  In the Slate Plus episode: Are We in The Slop Era? 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. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this special episode of Slate Money, Felix Salmon and Emily Peck are joined by Slate editor in chief, Hillary Frey. They talk all things Disneyland, including why Disneyland is better than Disney World, the need to let go of the inevitable costs ahead of your trip, why it makes for a great vacation with teenagers, and more.  Podcast production by Cheyna Roth. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week: The stock market is coming back after its post Liberation Day fall. Felix Salmon, Emily Peck, and Elizabeth Spiers discuss what this does, and mostly doesn’t, signal about the economy under Trump. Then, one stock that is not doing well at all is the UnitedHealth Group. The hosts explain the perfect storm the company has found itself in, and examine if that’s actually the reason for its decline in the market. And finally, did you know there was insurance for self-defense shootings and AI chatbot errors? In the Slate Plus episode: Can a (very expensive) calendar fix your marriage?  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. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this Money Talks: Redfin’s Chief Economist Daryl Fairweather has a new book, Hate The Game, where she shares the "economic cheat codes” she’s discovered for life, love and work. She joins Emily Peck to discuss topics from the book like how to use game theory when asking for a raise and why Destiny’s Child is such a good parable for knowing your negotiating power. 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. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week: The UK and the US agreed to the framework for a trade deal. Felix Salmon, Emily Peck, and Elizabeth Spiers discuss the details of the agreement and what it means that it includes keeping the 10% baseline tariffs staying in place. Then, Bill Gates has announced that he’s winding down the Gates Foundation and doubling the money he’s giving away. The hosts discuss how this is a reaction to Elon Musk’s slashing of USAID and the state of billionaire philanthropy. And finally, OpenAI has reversed its plan to become a for profit enterprise after public backlash. The hosts discuss implications of the governance structure going forward.  In the Slate Plus episode: Can Trump really put tariffs on Hollywood? 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. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week: The entire Iberian peninsula lost power for 18 hours. Felix Salmon, Emily Peck, and Elizabeth Spiers are joined by energy expert John Kemp to talk about why that might have happened and nerd out on power grids. Then, the GDP is down by 0.3%. But is that really the right metric to care about? Finally, the tech world is bringing back the brutal system of stack ranking management. The hosts discuss why this might be ill advised.  In the Slate Plus episode: Are Toy Tariffs…Good?  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. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this Money Talks: Succession may be over but the drama continues for the Roy family’s real world counterparts. Felix Salmon is joined by McKay Coppins to discuss his experience getting up close and personal with the Murdoch family and break down the dynamics behind the battle over the family empire.  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. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week: Trump has reversed his stance on Jay Powell and his extreme tariffs on China. Felix Salmon, Emily Peck, and Elizabeth Spiers discuss Trump’s backtrack on his threat to fire the Fed chair as well as his recent concession that his 145% tariffs on China aren’t sustainable. Then, the hosts weigh in on the growing trend of film and television productions moving out of California in search of budget breaks, as reported by The New York Times. And finally, the ice bucket challenge is back. The hosts debate the efficacy of viral awareness campaigns.  In the Slate Plus episode: Junk fees have been vanquished! 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 Cheyna Roth. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week: Trump isn’t happy with Fed chair Jay Powell’s take on his tariffs. Felix Salmon, Elizabeth Spiers and guest host Cardiff Garcia discuss the economic reasoning for why Powell is resisting the president’s demands to lower rates and what would happen if Trump finds a legal way to fire him. Then, the Trump administration is both gutting the IRS and potentially weaponizing it against Harvard. The hosts discuss the consequences of politicizing the agency. Finally, Trump’s trade war keeps escalating as China refuses to back down. Is there any chance for a good outcome? In the Slate Plus episode: Elon Musk’s Baby Brood 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. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this Money Talks: The federal student loan program was meant to help students seeking a route to a better life – so why is it putting so many of them into crippling debt instead? Journalist Jillian Berman, author of Sunk Cost: Who’s to Blame for the Nation’s Broken Student Loan System and How to Fix, joins Emily Peck to unpack the fraught history of the national student debt system and discuss where it stands now.  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. Learn more about your ad choices. Visit megaphone.fm/adchoices