Labor Market is on Fire, Americans Nervous Ab...

#856: Retail stocks are surging thanks to US shoppers continuing to spend, spend, spend (even if it’s squeezing their budgets). Anthropic surpasses OpenAI as the most valuable AI startup. Dell wins a $9.7B Pentagon deal. JPMorgan owes an ex-employee $4.25M for wrongful terminatio ...  Show more

#855: The AI boom is causing a housing divide in the Bay Area. Robinhood releases an AI agent that can trade for you and even buy stuff with your credit card. Airbnb and Uber are competing to be the top travel super app. Neal’s numbers on a honey production shortage, pickleball f ...  Show more

Apple said on Thursday that revenues shrank for a second straight quarter, the European Central Bank raised interest rates by a quarter of a percentage point, and US regional banks suffered severe stock declines. 

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We're taking a break this week for the Thanksgiving holiday, so here's an episode you might have missed. We'll be back on Monday with a new episode. Even with a looming recession, high interest rates and a tight labor market, small businesses have been opening at record rates ove ...  Show more

What does a week of turmoil in the banking sector - with the collapse of California’s Silicon Valley Bank and the Swiss state-backed rescue of Credit Suisse - tell us about what central banks will do next with interest rates? And what does it all mean for your money and investmen ...  Show more

Note to listeners: this episode was prerecorded in September 2022. Over the last five episodes we’ve looked at how the UK is being torn apart. Our economy is built on huge inequalities: between working people and big business, between families and fossil fuel giants, between tena ...  Show more