Return of the stonk

Return of the stonk

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US Supreme Court blocks firing of Fed governor

The US Supreme Court blocked President Donald Trump from firing Federal Reserve governor Lisa Cook, and investors are pivoting from the Magnificent Seven Big Tech stocks. Plus, foreign investors are worried the Japanese government is in danger of backsliding on corporate reforms. ...  Show more

AI wakes up the sleepy US power sector

The AI boom is fuelling a record surge in dealmaking in the US power and utility industry, and UK prime minister-in-waiting Andy Burnham will on Monday pledge to deliver “good growth in every postcode” of the UK. Plus, the US-Mexico-Canada trade agreement expires on Wednesday. Me ...  Show more

Recommended Episodes

Episode #215 - Vince Lanci and the Trump Powell Accord
Gold Goats 'n Guns Podcast

Vince Lanci of GoldFix returns to the podcast to complete the Trade War Trilogy of podcasts as we cover recent events from our specific perceptions and backgrounds.  Everything from the Trump/Powell kayfabe, to Europe's underhandedness during the post-Liberation Day market turmoi ...  Show more

Trump's Tariff Response, Economics of Tariffs, SCOTUS Rules on Deportations
Up First from NPR

President Trump faces questions on whether tariffs will remain in place as he welcomes trade negotiations with other countries. Forecasters warn of a heightened risk of recession as tariffs could mean higher prices and slower economic growth. And, the Trump administration has two ...  Show more

Kirk Shooting Investigation, Economic Round-up, Brazil's Bolsanaro Convicted
Up First from NPR

Police have released video and pictures of a suspect who they believe shot and killed right-wing activist Charlie Kirk in Utah, and authorities are urging the public to come forward with tips. Stocks are surging on hopes of lower interest rates, even as Americans face rising pric ...  Show more

The President's Golden Share in U.S. Steel
Planet Money

LIVE SHOW ALERT: August 18th, NYC. Get your tickets here. When news broke that a Japanese company, Nippon Steel, was buying the storied American steel company U.S. Steel, it was still 2023, just before an election. And right away, politicians from both sides of the aisle came out ...  Show more