At the end of March, Congress passed the CARES Act in an attempt to mitigate some of the massive economic devastation being caused by the coronavirus crisis. A key piece of the legislation includes grants for small businesses that keep employees on their payroll during the emergency. On this episode, we speak with Florida Senator Marco Rubio about the program, what's working, what isn't, and what it will take to move the economy back towards full employment.  See omnystudio.com/listener for privacy information.

Marco Rubio On The Effort To Save Jobs And Get People Working Again

Bloomberg's Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets and economics. Join the conversation every Monday and Thursday.

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At the end of 2023, there was a lot of optimism that the US economy was on that glide path to a soft landing. But at least in the first quarter of this year, inflation has come in hotter than expected. So is this just a speedbump on the way back down to 2%? Or is this a new trajectory for inflation that will make the Federal Reserve rethink its existing approach? On this bonus episode of Odd Lots, we caught up with Richmond Fed President Tom Barkin in Mount Airy, North Carolina, to get his assessment of the latest data, and what it means for policy. He explains why he thinks policy is still restrictive, and why he doesn’t see evidence yet of overheating demand. See omnystudio.com/listener for privacy information.

Richmond Fed President Tom Barkin On Getting Inflation Under Control

On June 2, 2024, Mexicans will go to the polls to elect a successor to current President Andrés Manuel López Obrador. His chosen successor, former Mexico City Mayor Claudia Sheinbaum, is the odds-on favorite. But what is AMLO’s legacy exactly? In some sense, economic growth under his administration has been robust. On the other hand, there’s been very little progress on domestic security. He also leaves a legacy of massive spending routed through the military, whose fruits are still undetermined. On this episode, we speak with Bloomberg News reporter Andrea Navarro, who has dug deep into how AMLO has conducted economic policy, his approach to industrial and fiscal policy, and whether Mexico is now in a position to ride the ongoing wave of trade with the US and the nearshoring of international supply chains. See omnystudio.com/listener for privacy information.

What AMLO's Legacy Means For Mexico's Upcoming Election

Over the last few years, users of the popular ADHD drug Adderall have been frustrated by regular shortages in getting their prescriptions filled. Various regulatory and supply chain factors have contributed to the inability of producers to keep up with demand. But this raises the question: why is there so much demand in the first place? How did a significant chunk of the labor force -- from tech workers to Wall Streeters -- begin using the drug as an aid for their work and everyday lives? On this episode of the podcast, we speak with Danielle Carr, an assistant professor at the Institute for Society and Genetics at UCLA, who studies the history of politics of neuroscience and psychology. We discuss the history of this medicine and related medicines, what it does for the people who take it, and how market forces opened the drug up to almost anyone. See omnystudio.com/listener for privacy information.

How The American Workforce Got Hooked on Adderall

For years and years, utilities in the US haven't seen much growth in electricity demand. The economy is generally mature and has been able to grow even without needing much more electrical power. But all that's changing now and a big contributing factor is the boom in datacenter demand. It's particularly acute for AI datacenters, which need more power than traditional datacenters, and are growing like crazy ever since ChatGPT brought generative AI to everyone's collective consciousness. So how will utilities handle the sudden surge in load growth? On this episode, we speak with Brian Janous, co-founder and chief strategy officer at Cloverleaf Infrastructure. Brian spent 12 years at Microsoft, where he was the company's first ever energy-focused hire, so he has seen the rise of datacenter electricity consumption first hand, and how AI is kicking it up even further. He now works alongside utilities to figure out how they'll meet this growing demand. We talk about how there's likely to be more gas plants being built, how datacenters and utilities can get more energy out of existing infrastructure, the politics of AI datacenters, and what this all means for the net-zero commitments of major tech companies. See omnystudio.com/listener for privacy information.

How Electric Utilities Will Handle Booming AI Datacenter Demand

The audio companion to Bloomberg Opinion’s beloved Money Stuff column hosted by its author Matt Levine, “whose deadpan style mixes technical elucidation and wit” (NY Times). Once a week, Matt and his friend, Bloomberg News reporter and TV host, Katie Greifeld talk about Wall Street, finance and…other stuff. New episodes every Friday.
Listen on Apple Podcasts, Spotify, or wherever you get your podcasts.  See omnystudio.com/listener for privacy information.

Marco Rubio On The Effort To Save Jobs And Get People Working Again

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