The Dow’s fresh 40k milestone reminds us that the index isn’t all about industrials, and that it’s caught up with the tech-heavy times.
(00:21) Jason Moser and Matt Argersinger discuss:
- The Dow Jones at 40k, and a look back at the major companies that have led the exchange as it’s moved from traditional industrials and manufacturing to other industries.
- Why the current market environment is helping Walmart reach new customers and leaving Home Depot shoppers on deferral mode.
- The latest addition to Warren Buffett’s portfolio: Chubb.
(19:11) Whole Foods co-founder John Mackey talks through lessons learned about life and business and his upcoming book The Whole Story.
(35:02) Jason and Matt break down two stocks on their radar: Shopify and T. Rowe Price..
Prayer and meditation are key features of religious and spiritual practices around the world, suggesting they’re intimately linked to the human condition. But what is going on in the brain during prayer? And is praying beneficial for our mental health?
CrowdScience listener Hilary is keen to find answers to such questions. She’s a counsellor with a strong Christian faith, and is curious to know whether science can illuminate religious and spiritual practices.
Presenter Caroline Steel talks to neuroscientists researching how our brains respond to prayer and meditation; and practices mindfulness herself to explore its similarities to prayer. She discovers that having a relationship with God may depend on more than religious practice. And is there a ‘spiritual part’ to our brains? Or is prayer just one activity among many - like going for a walk or playing music - that can have similar effects on our state of mind?
Featuring:
Professor Andrew Newberg, Director of Research Marcus Institute of Integrative Health, Thomas Jefferson University and Hospital, USA
Tessa Watt, mindfulness teacher
Ven. Hin Hung Sik, Centre of Buddhist Studies, University of Hong Kong
Dr Junling Gao, Centre of Buddhist Studies, University of Hong Kong
Dr Blake Victor Kent, Westmont College, USA
Presenter: Caroline Steel
Producer: Jo Glanville
Editor: Cathy Edwards
Studio Manager: Tim Heffer
Production Co-ordinator: Liz Tuohy
(Photo: A crowd of people praying. Credit: Digital Vision/Getty Images)
We look back on Brandon Johnson’s first year in office. Plus, money news! The IRS audit of Trump Chicago Tower could cost the former president $100 million, former West Side hospital executive charged with embezzlement, and lawmakers debate the state budget in Springfield as busloads of CPS teachers arrive at the Capitol to lobby legislators. Reset breaks down these stories and much more with David Greising, president of the Better Government Association, Nick Blumberg, a correspondent for WTTW News and Tessa Weinberg, city government and politics reporter for WBEZ.
For a full archive of Reset interviews, head over to wbez.org/reset.
Indicators of the Week is back. This time, an in-depth look at what Biden's massive tariffs on Chinese imports might mean for inflation and jobs. After that, why it may soon become easier to become a certified public accountant, addressing that nagging CPA shortage.
Related Episodes: If the world had no accountants (Apple / Spotify) The surprising leader in EVs (Apple / Spotify) How electric vehicles got their juice (Apple / Spotify)
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Dr. Ben Carson, founder and chairman of the American Cornerstone Institute, joins Federalist Culture Editor Emily Jashinsky to weigh in on why the culture war matters and discuss how prioritizing family can boost the nation.
You can find Carson's book, The Perilous Fight: Overcoming Our Culture's War on the American Family, here.
If you care about combatting the corrupt media that continue to inflict devastating damage, please give a gift to help The Federalist do the real journalism America needs.
This installment of "The Protocol," hosts Brad Keoun, the founding editor of The Protocol Newsletter, and tech journalists Sam Kessler and Margaux Nijkerk interview Hasu, head of strategy at Flashbots and advisor to the Lido DAO. They discuss the recent exploit in the MEV Boost codebase, the Department of Justice's response, and the ongoing efforts to solve MEV. The conversation also covers restaking, Lido's role in the restaking ecosystem, censorship resistance, design differences between Eigenlayer and Symbiotic, and the future of Ethereum.
Takeaways |
The recent exploit in the MEV Boost code base highlights the ongoing battle to solve MEV and the need for more decentralized solutions.
Restaking is a market to rent economic security and work from an open market, and there are different approaches to restaking, such as native restaking and non-native restaking.
Lido aims to make staked ETH the dominant asset in Ethereum DeFi and stimulate demand for renting security with StakeETH.
The design differences between Eigenlayer and Symbiotic in the restaking ecosystem offer different trade-offs in terms of capital efficiency and spillover effects.
Censorship resistance in Ethereum can be addressed through inclusion lists, private memepools, and geographical/geopolitical diversity in the network.
Chapters
00:00 MEV Exploit and the Battle to Solve MEV
09:04 The Role of Lido in the Restaking Ecosystem
21:11 Swav: Fast, Private, and Decentralized Off-chain Computation
28:11 Restaking: Renting Economic Security
32:54 Design Differences: Eigenlayer vs. Symbiotic
39:02 StakeETH: Making Staked ETH the Dominant Asset
40:55 Addressing Censorship Resistance in Ethereum
The Protocol has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “Take Me Back” by Strength To Last.
Russia, China, and their authoritarian allies are working overtime to poison the idea of democracy everywhere in the world. It's a theme so heartily embraced by MAGA, their messaging is often the same. Plus, coup sympathizer Samuel Alito, Ukraine's high-tech gains and low-tech losses, and our risk of being outflanked by foreign influence in 2024.
Join Tim, Sarah JVL in Denver June 21. Gov Jared Polis is our guest.
Tickets at TheBulwark.com/events.
Evan Zinaman breaks down why the government’s indictment of the Bueno brothers for their $25 million MEV exploitation is a “vanilla fraud,” but still may shed light on potential compliance considerations for block-building participants.
In this episode, Evan Zinaman, founder and principal at Trailbreak, delves into the first-of-its-kind case of the Bueno brothers, who face Department of Justice charges for exploiting Maximal Extractable Value (MEV) in a cryptocurrency scheme. Accused of manipulating transaction ordering to create an arbitrage opportunity, the brothers are charged with conspiracy to commit wire fraud as well as wire fraud itself.
Zinaman explores the broader implications of MEV exploitation and addresses critics who say that the MEV exploiters just got a taste of their own medicine, and the need for block-building participants to consider their legal and compliance responsibilities.
Show highlights:
What the charges against the Bueno brothers are about
How block building works on Ethereum and how the relay was manipulated by the Bueno brothers
The different types of MEV and which ones are acceptable
Why these charges could be seen as a "vanilla fraud," according to Evan
Whether the benefits of MEV outweigh the cons of it
The lack of terms of service in the MEV space
How the regulators' attention to the space has changed over time
Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com
Unchained Podcast is Produced by Laura Shin Media, LLC. Distributed by CoinDesk. Senior Producer is Michele Musso and Executive Producer is Jared Schwartz.
