It's ... Indicators of the Week! We roundup the economic indicators that caught our attention. On this (kinda) spoOoOooky Friday the 13th, we were morbidly curious about higher household incomes, a Keurig K-Cup kerfuffle and, believe it or not, the return of Fyre Festival.
I can scarce believe that I've made 200 episodes of this show, but here we are! To celebrate, here is a quiz about language where all the questions were set by YOU, the beautiful brainy listeners. Play along with me - there's a score sheet you can use over at theallusionist.org/200, plus the episode's transcript and links to more information about some of the topics.
If you want to help me celebrate this podcast making it to 200 episodes, recommend it to someone! Word of mouth/virtual mouth is the best way for a podcast to find new listeners, especially a little independent podcast like this one with no budget for billboard advertising.
If you do want to chip in to my future billboard ad fund, go to theallusionist.org/donate and become a member of the Allusioverse. You get regular livestreams with me and my collection of reference books, inside scoops into the making of this show, watchalong parties eg the new season of Taskmaster which stars my brother Andy, and the company of your fellow Allusionauts in our delightful Discord community.
This episode was produced by me, Helen Zaltzman, with music and editorial assistance from Martin Austwick of palebirdmusic.com. Find @allusionistshow on Instagram, Facebook, Threads, Bluesky, TikTok, YouTube etc.
Our ad partner is Multitude. If you want me to talk about your product or thing on the show, sponsor an episode: contact Multitude at multitude.productions/ads. This episode is sponsored by:
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In this episode, Dr. Eric Jaffe walks us through the history of CRISPR, how it works, how it's being used currently, and how it could be applied in the future. How quickly will we be able to eradicate mosquitoes? I say let's just do it, but Dr. Jaffe has some concerns.
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The Federal Reserve raised interest rates to get inflation under control. One side effect is that taking out a mortgage to buy a home has gotten very expensive. That's especially a problem for some homeowners who managed to get a lower mortgage rate years ago. They have a sort of... champagne problem. Or, "golden handcuffs" as it's called.
These homeowners may find they are "locked in" to their current home. In order to move to a new home, they have to take out a new mortgage at a much higher rate. It is one of the many problems plaguing the housing market right now.
The Fed is expected to start cutting rates next week. Will the golden handcuff mess finally start to unlock? And what does it mean for people looking to buy their first home?
On today's episode: We go deep into the golden handcuff problem and why it matters for everyone (including non-homeowners). We have FOMO about a big economic symposium in Jackson Hole, Wyoming. And we contemplate how to pronounce one of the most important interest rates in the economy: The IORB.
This episode was hosted by Kenny Malone and Alexi Horowitz-Ghazi. It was produced by Sean Saldana. It was edited by Jess Jiang and fact-checked by Sierra Juarez. Engineering by Cena Loffredo. Alex Goldmark is Planet Money's executive producer.
Chicago Mayor Brandon Johnson announces a hiring freeze to close a massive budget shortfall. The corruption trial of a former AT&T executive linked to Mike Madigan begins. Chicago’s City Council prepares to issue as much as $15 million in payouts for police misconduct. Plus, a new flag for Illinois? Reset dives into these and other top local stories in our Weekly News Recap with City Cast Chicago executive producer Simone Alicea, Block Club Chicago reporter Quinn Myers and WBEZ investigative reporter Dan Mihalopoulos.
For a full archive of Reset interviews, head over to wbez.org/reset.
Normally people love reaching a milestone – but Berkshire Hathaway hitting $1T might’ve triggered a different kind of thinking for Warren Buffett and his lieutenants.
(00:21) Jason Moser and Matt Argersinger discuss:
- The signs execs at Berkshire Hathaway believe the market is rich – Ajit Jain reducing his Berkshire stake, and the company winding down its buyback activity.
- Brian Niccol’s vision for returning to Starbucks’ roots as a third place.
- Why the market was up on RH’s results, down on Adobe’s outlook, and still hoping a Kroger/Albertson’s deal will go through.
(19:11) This week was Apple’s annual product event. Dan Barbera from MacRumors gives the scoop on the latest releases, one way the latest iPhones could fuel Vision Pro adoption, and what to expect from Apple in 2025.
(33:54) Jason and Matt break down two stocks on their radar: Top Golf Callaway and Oxford Industries.
Scammers are exploiting retailers’ online return programs like never before, fueled by websites and messaging apps. WSJ’s Liz Young reports on the bind retailers now find themselves in, stuck between helping their customers and stopping the fraud.
An apex predator is a killer. Usually large and terrifying, they enjoy the privilege of life at the top of a food chain. Nothing will eat them, leaving them free to wreak carnage on more vulnerable creatures.
In biology, it’s a term normally reserved for animals like polar bears, tigers and wolves. But CrowdScience listener Eoin wonders whether there’s a non-animal candidate for apex predator: the car. After all, worldwide, more than 1.5 million humans die on the roads each year, while pollution from traffic kills millions more. And that’s just the impact on us. What are cars doing to all the other species on this planet?
Host Anand Jagatia hits the road to investigate. En route, we’ll be picking up some scientists to help answer the question. It turns out to be so much more than a question of roadkill: cars, and the infrastructure built to support them, are destroying animals in ways science is only now revealing.
How did the wildlife cross the road? We go verge-side to test four different approaches. And we hear how cars manage to kill, not just on the roadside, but, in the case of some salmon species, from many miles away. Gathering as much evidence as possible, we pass judgement on whether the car truly is an apex predator.
Contributors:
Samantha Helle - Conservation Biologist and PhD student, University of Wisconsin–Madison
Paul Donald – Senior Scientist, BirdLife International and Honorary Research Fellow, University of Cambridge
Zhenyu Tian – Environmental Chemist and Assistant Professor, Northeastern University
Presenter: Anand Jagatia
Producer: Marnie Chesterton
Reporter: Camilla Mota
Editor: Cathy Edwards
Studio manager: Donald MacDonald and Giles Aspen
Production co-ordinator: Ishmael Soriano
(Image: Illustration of a deer in front of a car - stock illustration Credit: JSCIEPRO/SCIENCE PHOTO LIBRARY via Getty Images)
CoinDesk Indices presents notable data insights from the week, followed by additional analysis from Marcin Kazmeerchak, co-founder & COO of Redstone Oracles.
To get the show every day, follow the podcast here.
The CoinDesk Market Index (CMI) functions as a benchmark for the performance of the digital asset market, delivering institutional quality information to digital asset investors. Subsets of the CoinDesk Market Index (CMI) are investable CoinDesk Crypto Sectors and the CoinDesk 20 Index, designed to measure the performance of top digital assets. Today’s takeaways are provided by Tracy Stephens, senior index manager at CoinDesk Indices with additional analysis from Marcin Kazmeerchak, co-founder & COO of Redstone Oracles.
For more on CoinDesk Indices, visit: coindeskmarkets.com.