The Journal.
The most important stories 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.
Episodes
May 26, 2023 • 21 mins
When Kellie Castillo needed a place to live, she ended up at Wood Street, one of the largest homeless encampments in California. State authorities have spent the past several months shutting Wood Street down, leaving people like Kellie to figure out what’s next. WSJ’s Christine Mai-Duc describes what’s behind the state’s decision and what it means for the unhoused in California.
Further Reading:
- California Gov. Newsom Update...
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May 25, 2023 • 16 mins
Supreme is known for buzzy items, long lines and frenzied sell-outs. But lately, Supreme’s products are still available days after release. WSJ’s Jacob Gallagher discusses the brand’s rise and what’s changed.
Further Reading:
- Is Supreme Still Cool?
Further Listening:
- The Designer Who Made Streetwear Luxury
Learn more about your ad choices. Visit megaphone.fm/adchoices
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May 24, 2023 • 20 mins
In an interview at WSJ's CEO Council Summit with editor Thorold Barker, Elon Musk talked about whether he regrets buying Twitter, who might eventually take the helm of the three companies he runs and how AI will change our future.
Further Reading:
- Ron DeSantis to Launch 2024 Presidential Run in Twitter Talk With Elon Musk
- Elon Musk Wants to Challenge Google and Microsoft in AI
- The Elon Musk Doctrine: How the Billionai...
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May 23, 2023 • 19 mins
After car theft videos went viral on social media, Hyundai and Kia have been reckoning with a surge in stolen vehicles. WSJ’s Sean McLain unpacks how the thefts started and how the companies are trying to address them.
Further Reading:
- Cities Sue Hyundai, Kia After Wave of Car Thefts
- States Urge Recall of Millions of Kia, Hyundai Cars After Sharp Rise in Thefts
- Police, Car Owners Wrestle With Growing Thefts of Kias, H...
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May 22, 2023 • 17 mins
The federal government uses debt to pay about a quarter of its bills and the federal borrowing limit is maxed out. WSJ’s Andrew Duehren explains the June 1st X-date (when the U.S. runs out of funds) and some catastrophic potential outcomes if Congress doesn’t raise or suspend the federal borrowing limit.
Further Reading:
- When Is the Debt Ceiling Deadline and What Happens if the Limit Isn’t Raised?
- Yellen Says Treasury...
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May 19, 2023 • 17 mins
Companies continue to raise prices on everything from streaming services to handbags, sometimes at a rate that exceeds the pace of inflation. WSJ’s Suzanne Kapner and Greg Ip unpack why this is happening.
Further Reading:
- Pricing Power: This Is Kate Spade’s Hottest Bag…and It Costs $500
- We May Be Getting Used to High Inflation, and That’s Bad News
Further Listening:
- Why the Fed Raised Interest Rates Amidst a Bankin...
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May 18, 2023 • 17 mins
The IRS will begin a pilot program next year to help some taxpayers fill out and file their income tax returns for free online. WSJ’s Richard Rubin on the government’s first steps towards building a competitor to TurboTax and H&R Block.
Further Reading:
- IRS Will Offer Free Online Tax Prep for Some Taxpayers in 2024
- TurboTax Settlement: How to Know If You Qualify for Part of the $141 Million Payout
Learn more about yo...
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May 17, 2023 • 17 mins
Starting in July, Connecticut will put $3200 into a trust account for each baby born to parents below a designated income level. As adults, the beneficiaries can use the money—plus investment returns—to help pay for education or a home. WSJ’s Brenda León discusses Baby Bonds and why they are gaining traction in other states too.
Further Reading:
- Could $3,200 ‘Baby Bonds’ Help End Poverty in America?
Learn more about your a...
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May 16, 2023 • 17 mins
After Cash App founder Bob Lee died in a stabbing, some were quick to blame San Francisco’s rising crime rates. But prosecutors say Lee knew his alleged killer. WSJ’s Kirsten Grind reports on an underground world of sex and drugs that was the backdrop to the killing that shocked the tech community.
Further Reading:
- Before His Killing, Tech Executive Bob Lee Led an Underground Life of Sex and Drugs
- Cash App Founder Bob Le...
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May 15, 2023 • 17 mins
Linda Yaccarino established herself as an advertising sales machine at NBCUniversal. On Friday, Elon Musk announced she’d be Twitter’s new CEO. WSJ’s Amol Sharma discusses some of the challenges Yaccarino will face at the revenue- starved social media platform.
Further Reading:
- Meet Linda Yaccarino, Elon Musk’s New Twitter CEO and the Ad World’s ‘Velvet Hammer’
Further Listening:
- Why Elon Musk's Twitter Is Losing Adv...
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May 12, 2023 • 21 mins
The blockbuster Western drama about a ranching dynasty in Montana is one of the most popular shows on TV. But it’s also one of the most expensive. WSJ’s Erich Schwartzel explains how the man behind it — Taylor Sheridan — became one of the priciest bets in Hollywood.
Further Reading and Watching:
- Paramount Can’t Say No to the Man Behind ‘Yellowstone’: $50,000 a Week for His Ranch, $25 Per Cow
- Paramount Shares Drop 28...
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May 11, 2023 • 18 mins
Rep. George Santos has been accused of fabricating much of his life’s story to secure public office. On Wednesday he was indicted on 13 federal charges including fraud and money laundering. The New York Republican denies the charges and has pleaded not guilty. WSJ’s Jimmy Vielkind explains what the charges will mean for him.
Further Reading:
-George Santos Faces 13 Felony Charges, Including Fraud and Money Laundering
-Georg...
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May 10, 2023 • 17 mins
With tensions between the U.S. and China on the rise, the Chinese government has been investigating several consulting firms that help foreign companies do business in China. WSJ’s Dan Strumpf discusses the impact on the consulting sector and the foreign businesses that depend on it.
Further Reading:
- U.S. Companies in China Worry Due Diligence Will End in Spy Dramas
- China Spy Law Adds to Chilling Effect of Detentions
...
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May 9, 2023 • 18 mins
On Thursday, the pandemic-era border policy known as Title 42 is expected to end. First put in place by the Trump administration, Title 42 allows migrants to be quickly deported at the southern border without a chance to ask for asylum. Now, President Biden is planning to roll out a new immigration policy to take its place. But as WSJ’s Michelle Hackman explains, this new policy is not so different from the one it is replacing.
...
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May 8, 2023 • 20 mins
Last month, Dylan Mulvaney, a transgender influencer, posted on social media about a personalized can of Bud Light the brewer sent her as a gift. A boycott ensued. WSJ’s Jennifer Maloney unpacks what the maker of Bud Light is doing to stem a sharp drop in sales and to support front-line teams bearing the brunt of the backlash.
Further Reading:
-Bud Light Maker Compensates Workers Targeted in Dylan Mulvaney Backlash
-Bud Light...
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May 5, 2023 • 22 mins
For months, people with ADHD have been struggling to fill their prescriptions. Federal regulators say the shortage is fueled in part by increasing demand driven by telehealth startups and their aggressive marketing. WSJ’s Rolfe Winkler, who has been investigating two of those companies, explains what an impending rule change could mean for the shortage.
Further Reading:
- Adderall, OxyContin Prescriptions to Require In-Pers...
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May 4, 2023 • 22 mins
Thousands of Hollywood writers went on strike this week after failing to reach a new contract with studios. The dispute was caused, in part, by the industry’s shift to streaming, which writers say has left them shortchanged. Michael Schur is co-creator of “Parks and Recreation” and was a writer for “The Office” and “Saturday Night Live.” He tells us what’s behind the first writers strike in over 15 years.
Further Reading and Wa...
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May 3, 2023 • 16 mins
For years, big food and beverage companies like PepsiCo leaned hard into launching new, healthy food products. But recently, PepsiCo has decided to double down on its flagship chips and soda and is looking to make those products healthier. WSJ's Jennifer Maloney explains what it means for both the company and public health.
Further Reading:
- Pepsi’s New Healthy Diet: More Potato Chips and Soda
Learn more about your ad choi...
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May 2, 2023 • 16 mins
JPMorgan Chase CEO Jamie Dimon stepped in on Monday to acquire the failing First Republic Bank after it was seized by government regulators. While the deal will put an end to the recent series of bank failures, it also makes the banking industry's leader even more powerful. WSJ's Charles Forelle explains how Dimon's bid came together.
Further Reading:
-Why First Republic Bank Collapsed
-Jamie Dimon Wins Again in First Republi...
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May 1, 2023 • 17 mins
Yevgeny Nuzhin was serving time for murder in a high-security Russian prison when the Wagner Group— a paramilitary organization employed by Russia to wage war on Ukraine— offered him freedom in exchange for six months of paid military service fighting for Russia in Ukraine. WSJ’s James Marson details how Nuzhin’s bid for freedom went gruesomely wrong.
Further Reading:
- The Grim Life and Brutal Death of a Wagner Recruit
Fu...
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