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1Many of the deadliest mass shootings in the U.S. have involved an assault-style rifle like the AR-15. WSJ’s Zusha Elinson reports on how Washington regulations have failed to stop the gun's rise to prominence.
Further Reading:
America’s Failed Attempt to Ban Assault Weapons
Further Listening:
Red-Flag Laws, Their Application and One Mother’s Experience
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Kevin Paffrath is a social media influencer who dishes out financial advice on multiple platforms. He cashed in on young people’s hunger for investment tips from non-traditional sources. But as WSJ’s Robbie Whelan explains, Paffrath's followers became fickle when his advice turned cautious.Further Reading:
-The Social-Media Stars Who Move Markets
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Recent stock slides are approaching dangerous territory: a bear market. WSJ’s James Mackintosh explains why a recent dramatic plunge in stock indexes is spooking investors, what it could mean for the wider economy, and the likelihood of the markets dipping into a bear market in the coming days.
Further Reading:
-Conditions Are Ripe for a Deep Bear Market
Further Listening:
-Can the Fed Lower Inflation Without Causing a Recession?
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Billionaire hedge-fund manager Steve Cohen is trying to duplicate his financial success in his other major venture as owner of the New York Mets baseball team. And to do so, he’s calling on some of the same people. WSJ’s Juliet Chung and Jared Diamond explain why some of Cohen’s hedge-fund employees are moonlighting for his team.
Further Reading:
- Steve Cohen’s Secret Weapon for the Mets: His Hedge Fund
Further Listening:
- The Labor Dispute That Has Baseball on Hold
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The U.S. is facing a massive shortage of baby formula. WSJ’s Jesse Newman explains how the roots of the crisis lie in the industry’s structure. And a mother in Kentucky describes her desperate search for formula for her son.
Further Reading:
- Why the Baby-Formula Market Is a Mess: Low Competition, High Regulation
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The four-time World Cup-champion U.S. Women's National Soccer team has scored a new win: equal pay with the men's team. Collective-bargaining agreements between the women's and men's national teams and the United States Soccer Federation align the teams’ pay and create a unique mechanism to share prize money from their respective World Cup competitions. We talk to U.S. Women’s Soccer player Tierna Davidson about the landmark agreement and her role negotiating it.
Further Reading:
- U.S. Women’s and Men’s Soccer Teams Will Receive Equal Pay Under New Labor Deals
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Cryptocurrencies are volatile, but so-called stablecoins were meant to be the exception. But after one major stablecoin, TerraUSD, crashed spectacularly, it caused ripple effects in cryptoland. WSJ’s Caitlin Ostroff explains why regulators are spooked, and what this could mean for the broader economy.
Further Reading:
Crash of TerraUSD Shakes Crypto. ‘There Was a Run on the Bank.
Cryptocurrency TerraUSD Falls to 11 Cents, Creator Announces Rescue Plan
Further Listening:
Bitcoin Comes Untethered
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We speak with Rochelle Walensky, director of the Centers for Disease Control about eroding trust in public health, vaccine approvals for children under 5 and the one million Americans who have now died from COVID-19.Further Listening:The Future of Everything Festival
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China’s sputtering economy is altering the balance of power among its top leaders. For years, President Xi Jinping sidelined his second in command, Premier Li Keqiang, a proponent of economic liberalization. WSJ’s Lingling Wei explains that Li is now gaining clout and pushing back on Xi's socialist policies.
Further Reading:
- China’s Economic Distress Deepens as Lockdowns Drag On
- China’s Forgotten Premier Steps Out of Xi’s Shadow as Economic Fixer
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The digital startup Cerebral began prescribing ADHD drugs like Adderall over the internet, after federal rules loosened. But recently, there have been concerns from inside and outside the company that Cerebral was not careful enough. Now the company has stopped prescribing Adderall to new patients. WSJ's Rolfe Winkler reports.
Further Reading:
-Startups Make It Easier to Get ADHD Drugs. That Made Some Workers Anxious.
-Cerebral Receives Subpoena From Federal Prosecutors
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Fidelity Investments will be the first major retirement-plan provider to allow bitcoin in its 401(k) plans. WSJ's Anne Tergesen explains the move and the blowback that followed.
Further Reading:
-Fidelity to Allow Retirement Savers to Put Bitcoin in 401(k) Accounts
-Labor Department Criticizes Fidelity’s Plan to Put Bitcoin on 401(k) Menu
Further Listening:
-How Inflation is Causing Americans to 'Unretire'
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The Federal Reserve has never managed to significantly decrease inflation without causing job losses, but it's trying to now. Central Bank officials hope they can cool down an overheated economy by raising interest rates. But as WSJ’s Jon Hilsenrath explains, the Fed risks triggering a recession.
Further Reading:
-Hot Economy, Rising Inflation: The Fed Has Never Successfully Fixed a Problem Like This
Further Listening:
-The Fed’s Shifting Inflation Message
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Every year, more than a million U.S. high-school students learn about investing through stock-picking games. But what do these games really teach? WSJ's Jason Zweig explains the shortfalls of traditional stock-market games, and teacher Mike Scanlan describes the different approach his school is taking.
Further Reading:
-What Teenagers Really Learn From Stock-Market Games
-Current Baker Scholar and Alumnus Partner to Improve High School Investors Club
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Last year, Facebook blocked news pages to pre-empt Australian legislation that would force it to pay publishers for content. But it also took down the Facebook pages of non-news organizations like hospitals, emergency services and charities. Was the move inadvertent or a negotiating tactic? We talk to WSJ's Keach Hagey about what she learned.
Further Reading:
Facebook Deliberately Caused Havoc in Australia to Influence New Law, Whistleblowers Say
Further Listening:
The Facebook Files, a Podcast Series
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In 1838, the Jesuits who founded Georgetown University sold 272 enslaved people to pay off the school's debts and keep the college afloat. Nearly 200 years later, the Jesuits want to make amends. But as Lee Hawkins explains, the path to racial healing can be a messy one.
Further Reading:
- For Georgetown, Jesuits and Slavery Descendants, Bid for Racial Healing Sours Over Reparations
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After decades of debate, the Food and Drug Administration is proposing a ban on menthol cigarettes. A researcher of the tobacco industry explains the benefits of a potential ban, and WSJ’s Jennifer Maloney explains why some want menthols to stay on the market.
Further Reading:
- FDA Advances Ban on Menthol Cigarettes
- Why Does the U.S. Want to Ban Menthol Cigarettes?
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The European Union announced a proposal to ban purchases of Russian oil exports, after Germany, Europe’s biggest economy, dropped its opposition. WSJ’s Bojan Pancevski explains why Germany was such a holdout.
Further Reading:
-EU Proposes Ban on Russian Oil Imports, Sending Prices Higher
-Germany Drops Opposition to Embargo on Russian Oil
Further Listening:-If Russia Invades Ukraine, Can the U.S. Deliver on Sanctions?
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A leaked draft opinion from the Supreme Court indicates the court may be preparing to overturn Roe v. Wade, the 1973 precedent that established a constitutional right to an abortion. WSJ’s Brent Kendall explains what this could mean for women in America and why this is a significant moment in the history of the court.
Further Reading:
Supreme Court Is Investigating Leak of Draft Opinion Overruling Roe v. Wade
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Economic data from March revealed a new trend: hundreds of thousands of Americans are "unretiring" and returning to the workforce. WSJ's Harriet Torry reports that rising inflation is making retirement unsustainable for many. We also hear from two retirees who have started looking for work.
Further Reading:
-Everything Costs More, and That's Disrupting Retirement for Many
Further Listening:
-Why Older Americans Are Fleeing the Workforce
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As many companies evaluate how to return to the office, Airbnb announced a new ‘work-from-anywhere’ policy that will let its employees work remotely from 170 countries. Airbnb CEO Brian Chesky explains how he arrived at the idea, and how the policy could serve as a blueprint for others companies.
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Biased (and very poor reporting). I expect better from WSJ.
20% of a country's population wants 100% of the country's attention and resources. Don't ban menthol is discrimination, ban menthol is discrimination.
so sad
fascinating
I think modern art is a way to launder money, and especially this one.
interesting
are all corporate media just trash now?! everything just sounds and reads as if these people are high school students reporting current news.
Rip
I have two words for you jackasss corporate media types: keystone pipeline.
What a great episode! It helps understand much better what is going on with geopolitics.
it's "unclear" why Intel spoke out?! Are these "journalists" this ignorant?! It's because they are a defense contractor! Good grief!
2:47
I empathize with John, but making $60,000 for three people is tough. Maybe his wife can get a job. Maybe he can get a second job doing delivery or some other gig work. Hope the best for the family
Your right, I stopped taking my child to the OT therapy he needs, we started making enough food at night for 1 person and start splitting it between the 3 of us. That extra money just spoiled us, making us think we could use it to save for college and pay down credit cards that we have to use when the washer crapped out. The government is there to take money not give it, we the people should just be taken out of the constitution our government does need them.
this was ridiculous....sometimes you have to do without things and make sacrifices...it's called adulthood. Grow the F up
Please feel free to get your booster #2 aka fourth shot, but if you still can't see the fraud for what it is, you are an idiot.
Great episode, it illustrates the complexity of the supply chain congestion and inflation very well.
seriously, f**k you and your corporate propaganda mouth piece. Are you really shocked by this after you scared the crap out of people and pushed the lockdown narrative for over a year??
Museums should be using these shows to drive more wide-spread interest in art and not expect people should just walk in front of a painting they know nothing about and have an epiphany. You might classing people out of interest in art.
Now they are bold enough to talk about in the open. We are paying third world countries. This is about global wealth redistribution.