Episodes

  • Will the Ticketmaster antitrust lawsuit make it easier for people to get tickets?
    May 24 2024

    The Justice Department is suing Live Nation, the parent company of Ticketmaster, saying that it violated antitrust law. Live Nation controls at least 80% of box office sales at major concert venues, and owns or controls more than 60% of large amphitheaters in the U.S. Yet we may not know the upshot of the lawsuit for consumers for quite some time. Also: a look inside the wide world of indie video games.

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    9 mins
  • A major step toward paying college athletes
    May 24 2024

    The NCAA, the governing body for college sports, and the five biggest athletic conferences have agreed to a landmark $2.8 billion settlement of a class-action suit. If approved by a judge, it’ll means that schools would be allowed to share revenues with student athletes going forward. Then, we’ll have a conversation about capitalism and activism in college athletics. And later: Will you be “quiet vacationing” this holiday weekend?

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    10 mins
  • Google’s laying a subsea fiber-optic cable connecting Africa and Australia
    May 24 2024

    From the BBC World Service: Google is expanding its network infrastructure, with an aim of enhancing internet connectivity and competing in the cloud computing market. Then, days after President Biden imposed higher tariffs on EVs from China, Elon Musk says he doesn’t support them — contradicting a warning he made back in January that Chinese carmakers would “demolish” global competitors if there were no trade barriers.

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    8 mins
  • Unfavorable views of a (generally) favorable economy
    May 23 2024

    A recent poll conducted for the Guardian newspaper asked people how they felt about the economy. It finds nearly three in five Americans (wrongly) believe the U.S. is in a recession. About half think the stock market is down for the year. (It’s not.) What’s behind the disconnect? Plus, tariffs designed to create higher-paying jobs stateside may fail to do that. And we’ll hear the history behind the Ticketmaster antitrust lawsuit.

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    9 mins
  • Meet the passive investing doomsayers
    May 23 2024

    Writer Andrew Lipstein embarked on a quest to freak himself out about passive investments: Things like buying index funds, for instance all the companies in the S&P 500, setting it and forgetting it. Lipstein spent time with a professional investor who argues index funds play a dangerous role in the market that may not end well. We hear that story. But first, chipmaker Nvidia reports a seven-fold increase in profits.

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    9 mins
  • Economy takes center stage ahead of U.K. election
    May 23 2024

    From the BBC World Service: British Prime Minister Rishi Sunak and opposition leader Keir Starmer are on the campaign trail after Sunak called a surprise summer election. We set the backdrop for this upcoming election, including an interrogation of the freshest economic figures and a look at the economic mood among British consumers. Also on the show: What do changing music tastes mean for guitar companies?

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    10 mins
  • Texas’ tech resilience
    May 22 2024

    The high tech industry has been grappling with a downturn in recent years. But a new report shows that the picture for the tech sector in Texas is a bit sunnier than in other parts of the country. Why is that? Then, Lowe’s and Target feel the effects of a pinched consumer, and sugar production — once Cuba’s most important and profitable trade — is nearing collapse.

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    10 mins
  • Inflation is getting better. That doesn’t mean it’s good.
    May 22 2024

    Inflation may be cooling, but it certainly isn’t cold. Americans are still getting burned by rising prices. That’s one conclusion from a new Federal Reserve survey, which notes that parents in particular are struggling. Then, one report shows just how many homes are overvalued, especially in the South. Plus, we’ll hear how the Accion Digital Transformation Fund is trying to help people with no bank accounts get one.

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    10 mins