Slate Money

Di-SaaS-ter Market

This week: Anthropic released an update that seems to have tipped the scales against Software as a Service companies, erasing billions in market value. Felix Salmon [https://bsky.app/profile/did:plc:zxqezqfhjwidbrsvk66ded57], Elizabeth Spiers [https://www.elizabethspiers.com/], and Emily Peck [https://www.axios.com/authors/epeck], unpack why there was such a massive market response to such a small AI plugin, and what it says about the future of tech investment. Then, Disney has finally named a new CEO in Josh D’Amaro. The hosts get what it says about the future of the company that they chose the head Disney Experiences, including their super-profitable theme parks, instead of its Hollywood division. And then, a report has claimed users lose money on prediction markets faster than on traditional gambling apps which Kalshi claimed was an extortion tactic before walking back its statement. The hosts get into the differences between how users interact with the two kinds of apps and what the data says about losses on each.  In the Slate Plus episode: Epstein and the business of luxury gifting. 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 [https://podcasts.apple.com/us/podcast/slate-money/id876523888] and Spotify [https://open.spotify.com/show/2AgxNbNcUOckZSww9mk8mX]. Or, visit slate.com/moneyplus [https://slate.com/podcast-plus?utm_medium=link&utm_campaign=plus_pod&utm_content=Money&utm_source=episode_summary] to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.

Money Talks: What Retirement Crisis?

In this Money Talks: Emily Peck [https://www.axios.com/authors/epeck] is joined by Andrew Biggs, author of The Real Retirement Crisis [https://www.aei.org/research-products/book/the-real-retirement-crisis/], to talk about how the data contradicts the so-called "retirement crisis” in the US, what we misunderstand about the system, and what we should be thinking about when it comes to retirement savings.  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 [https://podcasts.apple.com/us/podcast/slate-money/id876523888] and Spotify [https://open.spotify.com/show/2AgxNbNcUOckZSww9mk8mX]. Or, visit slate.com/moneyplus [https://slate.com/podcast-plus?utm_medium=link&utm_campaign=plus_pod&utm_content=Money&utm_source=episode_summary] to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.

Global Carry Trade Chaos

This week: Volatility in the Japanese bond market is threatening the global trade house of cards. Felix Salmon [https://bsky.app/profile/did:plc:zxqezqfhjwidbrsvk66ded57], Elizabeth Spiers [https://www.elizabethspiers.com/], and Emily Peck [https://www.axios.com/authors/epeck], unpack the changes in Japan’s economy and why they have such a big worldwide impact. Then, they discuss the weakening US dollar and what Trump's fed chair nominee says about his administration. And finally, corporate messaging around social issues has all but gone away, but the recent horrors in Minnesota have somewhat turned that tide. The hosts get into what factors pushed CEOs to speak out against actions of ICE, if somewhat mildly, and what it might mean in terms of Big Tech’s support of Trump.  In the Slate Plus episode: Can we defend…Elon Musk? 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 [https://podcasts.apple.com/us/podcast/slate-money/id876523888] and Spotify [https://open.spotify.com/show/2AgxNbNcUOckZSww9mk8mX]. Or, visit slate.com/moneyplus [https://slate.com/podcast-plus?utm_medium=link&utm_campaign=plus_pod&utm_content=Money&utm_source=episode_summary] to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.

Davos is So Back

This week: World Economic Forum’s Annual Meeting in Davos is all over the news. Felix Salmon [https://bsky.app/profile/did:plc:zxqezqfhjwidbrsvk66ded57], Elizabeth Spiers [https://www.elizabethspiers.com/], and Emily Peck [https://www.axios.com/authors/epeck], explain the moments that made headlines [https://www.youtube.com/watch?v=flsgJe8mN-A] and why Davos feels so much more relevant this year. Then, Trump promised to address the affordability crisis at Davos but failed to say much. The hosts discuss what he did say, and how the ongoing crisis is being addressed overall. And finally, a new lawsuit claims that the AI screening tools that have taken over the job hunting landscape should be subject to the Fair Credit Reporting Act. The hosts get into what these tools do now and why this change could be beneficial. In the Slate Plus episode: Celebrities interviewing celebrities. It’s an epidemic.  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 [https://podcasts.apple.com/us/podcast/slate-money/id876523888] and Spotify [https://open.spotify.com/show/2AgxNbNcUOckZSww9mk8mX]. Or, visit slate.com/moneyplus [https://slate.com/podcast-plus?utm_medium=link&utm_campaign=plus_pod&utm_content=Money&utm_source=episode_summary] to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.

Money Talks: Modern Money Laundering

In this Money Talks: Joe Salama, Chief Compliance Officer at Coinbase and anti-money laundering expert, joins Felix Salmon [https://www.bloomberg.com/authors/APo9WbueZ4A/felix-salmon] to give us a rundown on the current state of money laundering around the world. They’ll get into the ongoing battle between criminals and AML to stay one step ahead of the other, why money laundry is thriving in China right now, and how the rise of cryptocurrency factors into the whole thing.  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 [https://podcasts.apple.com/us/podcast/slate-money/id876523888] and Spotify [https://open.spotify.com/show/2AgxNbNcUOckZSww9mk8mX]. Or, visit slate.com/moneyplus [https://slate.com/podcast-plus?utm_medium=link&utm_campaign=plus_pod&utm_content=Money&utm_source=episode_summary] to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.