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The swings in the bond market this week had Wall Street scrambling. After bond yields hit a historic high the U.S. Treasury made a surprise announcement: it’s doubling the amount of long term debt it’s buying back. WSJ’s Greg Ip breaks it all down for us, explaining how bonds work, why yields have been on the rise and why we should all pay attention. Jessica Mendoza hosts.
Further Listening:
- Tariffs Are Back. What’s Changed?
- The Dollar Is Weaker. Is That a Good Thing?
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Flock Safety, the company behind the AI-enabled street cameras, has grown into a multibillion-dollar surveillance giant over the last few years. Supporters say the cameras have helped police reduce crime and solve cases. But critics say they violate privacy rights and are easily misused. WSJ’s Kris Maher reports on recent Flock protests and how the company is responding to the backlash. Imani Moise hosts.
Further Listening:
- The Vanishing of an Anti-AI Activist
- The ‘Class of AI’ Enters the Workforce
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StubHub, a ticket resale platform, is facing a flood of complaints from World Cup fans who bought tickets months in advance, only to be stranded hours before the games. WSJ’s Hanna Krueger unpacks her months-long investigation into the company’s customer service and one disappointed fan recounts his troubles getting his refund. Jessica Mendoza hosts.
Further Listening:
- The Ticketmaster Breakup Trial Just Got Messier
- The Taylor Swift Ticketmaster Debacle
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Costco pays its hourly wage workers more than most retailers. The company says that this keeps turnover low and ultimately, is good for its business. WSJ’s Sarah Nassauer explains how this approach helps the company’s bottom line, and speaks to one Costco cashier who's been working there for 40 years and now has more than a million dollars saved for his retirement. Jessica Mendoza hosts.
Further Listening:
- Jersey Mike's Journey From the Shore to Wall Street
- How IKEA Is Keeping Its Furniture Affordable
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Millions of Americans take the herbal supplement kratom for everything from energy to pain relief to quitting opioids. But it has also been linked to growing addiction rates and fatal overdoses. WSJ’s Sumathi Reddy explains the regulatory battles playing out across the country as some officials consider bans. Jessica Mendoza hosts.
Further Listening:
- Is the High Over for Hemp Drinks?
- Peptides Are Everywhere. Businesses Are Cashing In.
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Whatnot is one of the fastest-growing shopping platforms in the U.S., featuring live auctions that allow users to bid on trading cards, rare coins, designer fashions and more. But as WSJ’s Hanna Krueger explains, critics say Whatnot’s high-pressure countdowns and swipe-to-bid design encourage overspending and gambling addiction, claims the company denies. Jessica Mendoza hosts.
Further Listening:
- Can GameStop Really Buy eBay?
- Inside Quince’s Quest to Sell Luxury Goods for Less
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After the massive initial public offering earlier this year, some investors who thought they had gotten early exposure to shares of SpaceX discovered things may not have been quite what they seemed. WSJ's Corrie Driebusch chronicles the rise of special-purpose vehicle funds and the issues some investors are facing as they navigate private markets. Jessica Mendoza hosts.
Further Listening:
- 'Eject! Eject! Eject!' Inside the Private Credit Panic
- Is SpaceX Worth the Hype?
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Across Europe, law enforcement agencies want permission to use genetic genealogy to solve criminal cold cases. But privacy laws restrict the use of recreational DNA in most of Europe. WSJ’s Matthew Dalton reports on how French investigators in one case skirted their country’s DNA laws by asking the United States for help. Jessica Mendoza hosts.
Further Listening:
- How Did Nancy Guthrie Vanish Without a Trace?
- Camp Swamp Road
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Jared Kushner has been planning to build ultraluxury resorts in Albania for years. But the multi-billion dollar project has run into a string of controversies. The development has triggered mass protests, calls for the Albanian prime minister to resign and a warning from the EU. On top of all that, WSJ’s Eliot Brown reports on a suspected gangster who sold Kushner and his partners a key piece of land. Jessica Mendoza hosts.
Further Listening:
- Americans Are Leaving the U.S. in Record Numbers
- The Crypto President: Part 1
- The Crypto President: Part 2
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Tickets for our live show in New York are now on sale! Get yours here.
Garry Tan is the President and CEO of Y Combinator, a tech incubator that invests millions of dollars into new startups every year. Garry describes himself as “AI-pilled,” saying that he’s seen first-hand how the technology is transforming what startups can build. Ryan Knutson interviews Tan about how he remains optimistic despite AI’s risks, how AI is impacting the workforce and how we should all be having more parties.
Further Listening:
- The Vanishing of an Anti-AI Activist
- Chinese AI Is Spooking Silicon Valley
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Learn more about your ad choices. Visit megaphone.fm/adchoices
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