PODCAST

The Journal.

The Wall Street Journal & Gimlet

The most important stories, explained through the lens of business. A podcast about money, business and power. Hosted by Kate Linebaugh and Ryan Knutson. The Journal is a co-production from Gimlet Media and The Wall Street Journal.

Start Here

As the Stock Market Tumbles, so Does a YouTuber's Influence

Yesterday

18 mins

As the Stock Market Tumbles, so Does a YouTuber's Influence

Kevin Paffrath is a social media influencer who dishes out financial advice on multiple platforms. He cashed in on young people’s hunger for investment tips from non-traditional sources. But as WSJ’s Robbie Whelan explains, Paffrath's followers became fickle when his advice turned cautious.Further Reading: -The Social-Media Stars Who Move Markets Learn more about your ad choices. Visit megaphone.fm/adchoices

Yesterday

18 mins

Beware the Big Bad Bear Market

Recent stock slides are approaching dangerous territory: a bear market. WSJ’s James Mackintosh explains why a recent dramatic plunge in stock indexes is spooking investors, what it could mean for the wider economy, and the likelihood of the markets dipping into a bear market in the coming days. Further Reading: -Conditions Are Ripe for a Deep Bear Market Further Listening: -Can the Fed Lower Inflation Without Causing a Recession? Learn more about your ad choices. Visit megaphone.fm/adchoices

2d ago

15 mins

Can a Hedge Fund Win the World Series?

Billionaire hedge-fund manager Steve Cohen is trying to duplicate his financial success in his other major venture as owner of the New York Mets baseball team. And to do so, he’s calling on some of the same people. WSJ’s Juliet Chung and Jared Diamond explain why some of Cohen’s hedge-fund employees are moonlighting for his team. Further Reading: - Steve Cohen’s Secret Weapon for the Mets: His Hedge Fund Further Listening: - The Labor Dispute That Has Baseball on Hold Learn more about your ad choices. Visit megaphone.fm/adchoices

3d ago

16 mins

How the Baby Formula Industry Broke

The U.S. is facing a massive shortage of baby formula. WSJ’s Jesse Newman explains how the roots of the crisis lie in the industry’s structure. And a mother in Kentucky describes her desperate search for formula for her son. Further Reading: - Why the Baby-Formula Market Is a Mess: Low Competition, High Regulation Learn more about your ad choices. Visit megaphone.fm/adchoices

6d ago

16 mins

U.S. Soccer’s Equal Pay Deal and One Player Who Helped Negotiate It

The four-time World Cup-champion U.S. Women's National Soccer team has scored a new win: equal pay with the men's team. Collective-bargaining agreements between the women's and men's national teams and the United States Soccer Federation align the teams’ pay and create a unique mechanism to share prize money from their respective World Cup competitions. We talk to U.S. Women’s Soccer player Tierna Davidson about the landmark agreement and her role negotiating it. Further Reading: - U.S. Women’s and Men’s Soccer Teams Will Receive Equal Pay Under New Labor Deals Learn more about your ad choices. Visit megaphone.fm/adchoices

1w ago

17 mins

The ‘Death Spiral’ of a Stablecoin

Cryptocurrencies are volatile, but so-called stablecoins were meant to be the exception. But after one major stablecoin, TerraUSD, crashed spectacularly, it caused ripple effects in cryptoland. WSJ’s Caitlin Ostroff explains why regulators are spooked, and what this could mean for the broader economy. Further Reading: Crash of TerraUSD Shakes Crypto. ‘There Was a Run on the Bank. Cryptocurrency TerraUSD Falls to 11 Cents, Creator Announces Rescue Plan Further Listening: Bitcoin Comes Untethered Learn more about your ad choices. Visit megaphone.fm/adchoices

May 18 2022

19 mins

How Will We Know When the Pandemic's Over?

We speak with Rochelle Walensky, director of the Centers for Disease Control about eroding trust in public health, vaccine approvals for children under 5 and the one million Americans who have now died from COVID-19.Further Listening:The Future of Everything Festival Learn more about your ad choices. Visit megaphone.fm/adchoices

May 17 2022

16 mins

The Political Cost of China's Faltering Economy

China’s sputtering economy is altering the balance of power among its top leaders. For years, President Xi Jinping sidelined his second in command, Premier Li Keqiang, a proponent of economic liberalization. WSJ’s Lingling Wei explains that Li is now gaining clout and pushing back on Xi's socialist policies. Further Reading: - China’s Economic Distress Deepens as Lockdowns Drag On - China’s Forgotten Premier Steps Out of Xi’s Shadow as Economic Fixer Learn more about your ad choices. Visit megaphone.fm/adchoices

May 16 2022

18 mins

Why An Online Telehealth Startup Is Limiting Adderall

The digital startup Cerebral began prescribing ADHD drugs like Adderall over the internet, after federal rules loosened. But recently, there have been concerns from inside and outside the company that Cerebral was not careful enough. Now the company has stopped prescribing Adderall to new patients. WSJ's Rolfe Winkler reports. Further Reading: -Startups Make It Easier to Get ADHD Drugs. That Made Some Workers Anxious. -Cerebral Receives Subpoena From Federal Prosecutors Learn more about your ad choices. Visit megaphone.fm/adchoices

May 13 2022

18 mins

Fidelity’s Controversial Bet on Bitcoin

Fidelity Investments will be the first major retirement-plan provider to allow bitcoin in its 401(k) plans. WSJ's Anne Tergesen explains the move and the blowback that followed. Further Reading: -Fidelity to Allow Retirement Savers to Put Bitcoin in 401(k) Accounts -Labor Department Criticizes Fidelity’s Plan to Put Bitcoin on 401(k) Menu Further Listening: -How Inflation is Causing Americans to 'Unretire' Learn more about your ad choices. Visit megaphone.fm/adchoices

May 12 2022

15 mins

Can the Fed Lower Inflation Without Causing a Recession?

The Federal Reserve has never managed to significantly decrease inflation without causing job losses, but it's trying to now. Central Bank officials hope they can cool down an overheated economy by raising interest rates. But as WSJ’s Jon Hilsenrath explains, the Fed risks triggering a recession. Further Reading: -Hot Economy, Rising Inflation: The Fed Has Never Successfully Fixed a Problem Like This Further Listening: -The Fed’s Shifting Inflation Message Learn more about your ad choices. Visit megaphone.fm/adchoices

May 11 2022

16 mins

Are Stock-Market Games Turning Teens Into Risky Investors?

Every year, more than a million U.S. high-school students learn about investing through stock-picking games. But what do these games really teach? WSJ's Jason Zweig explains the shortfalls of traditional stock-market games, and teacher Mike Scanlan describes the different approach his school is taking. Further Reading: -What Teenagers Really Learn From Stock-Market Games -Current Baker Scholar and Alumnus Partner to Improve High School Investors Club Learn more about your ad choices. Visit megaphone.fm/adchoices

May 10 2022

20 mins

Australia Wanted Facebook to Pay for News. Facebook Played Hardball.

Last year, Facebook blocked news pages to pre-empt Australian legislation that would force it to pay publishers for content. But it also took down the Facebook pages of non-news organizations like hospitals, emergency services and charities. Was the move inadvertent or a negotiating tactic? We talk to WSJ's Keach Hagey about what she learned. Further Reading: Facebook Deliberately Caused Havoc in Australia to Influence New Law, Whistleblowers Say Further Listening: The Facebook Files, a Podcast Series Learn more about your ad choices. Visit megaphone.fm/adchoices

May 9 2022

21 mins

The Battle Over Reparations at Georgetown

In 1838, the Jesuits who founded Georgetown University sold 272 enslaved people to pay off the school's debts and keep the college afloat. Nearly 200 years later, the Jesuits want to make amends. But as Lee Hawkins explains, the path to racial healing can be a messy one. Further Reading: - For Georgetown, Jesuits and Slavery Descendants, Bid for Racial Healing Sours Over Reparations Learn more about your ad choices. Visit megaphone.fm/adchoices

May 6 2022

21 mins

The Fight Over a Menthol Cigarette Ban

After decades of debate, the Food and Drug Administration is proposing a ban on menthol cigarettes. A researcher of the tobacco industry explains the benefits of a potential ban, and WSJ’s Jennifer Maloney explains why some want menthols to stay on the market. Further Reading: - FDA Advances Ban on Menthol Cigarettes - Why Does the U.S. Want to Ban Menthol Cigarettes? Learn more about your ad choices. Visit megaphone.fm/adchoices

May 5 2022

20 mins

Germany’s Difficult Breakup with Russian Energy

The European Union announced a proposal to ban purchases of Russian oil exports, after Germany, Europe’s biggest economy, dropped its opposition. WSJ’s Bojan Pancevski explains why Germany was such a holdout. Further Reading: -EU Proposes Ban on Russian Oil Imports, Sending Prices Higher -Germany Drops Opposition to Embargo on Russian Oil Further Listening:-If Russia Invades Ukraine, Can the U.S. Deliver on Sanctions? Learn more about your ad choices. Visit megaphone.fm/adchoices

May 4 2022

16 mins

The Potential End of Roe v. Wade

A leaked draft opinion from the Supreme Court indicates the court may be preparing to overturn Roe v. Wade, the 1973 precedent that established a constitutional right to an abortion. WSJ’s Brent Kendall explains what this could mean for women in America and why this is a significant moment in the history of the court. Further Reading: Supreme Court Is Investigating Leak of Draft Opinion Overruling Roe v. Wade Learn more about your ad choices. Visit megaphone.fm/adchoices

May 3 2022

17 mins

How Inflation is Causing Americans to 'Unretire'

Economic data from March revealed a new trend: hundreds of thousands of Americans are "unretiring" and returning to the workforce. WSJ's Harriet Torry reports that rising inflation is making retirement unsustainable for many. We also hear from two retirees who have started looking for work. Further Reading: -Everything Costs More, and That's Disrupting Retirement for Many Further Listening: -Why Older Americans Are Fleeing the Workforce Learn more about your ad choices. Visit megaphone.fm/adchoices

May 2 2022

17 mins

Why Airbnb Is Letting Employees Work Anywhere

As many companies evaluate how to return to the office, Airbnb announced a new ‘work-from-anywhere’ policy that will let its employees work remotely from 170 countries. Airbnb CEO Brian Chesky explains how he arrived at the idea, and how the policy could serve as a blueprint for others companies. Learn more about your ad choices. Visit megaphone.fm/adchoices

Apr 29 2022

19 mins

The Rise of the Yimbys

With rising housing prices and concerns about affordability, a new approach to solving the problem has emerged. Its answer is to build more housing of all types. Meet the Yimbys. WSJ’s Christine Mai-Duc explains the origins of the movement and how it's gaining traction around the country. Learn more about your ad choices. Visit megaphone.fm/adchoices

Apr 28 2022

19 mins