Planet Money - The case for Fed Independence in the Nixon Tapes

You know Watergate, but do you know Fedgate? The more subtle scandal with more monetary policy and, arguably, much higher stakes.

In today's episode, we listen back through the Nixon White House tapes to search for evidence of an alarming chapter in American economic history: When the President of the United States seemingly flouted the norms of Fed Independence in order to pressure the Chair of the Federal Reserve Board into decisions that were economically bad in the long run but good for Nixon's upcoming election.

The tale of Nixon and his Fed Chair, Arthur Burns, has become the cautionary tale about why Fed Independence matters. That choice may have started a decade of catastrophic inflation. And Burns' story is now being invoked as President-elect Trump has explicitly said he'd like more control over the Federal Reserve.

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Big Technology Podcast - Sam Altman’s Reflections, NVIDIA’s Robotics Play, Zuckerberg’s Moderation

Ranjan Roy from Margins is back for our weekly discussion of the latest tech news. We cover 1) Sam Altman declares the path to AGI is clear 2) Could AGI come before GPT-5? 3) Up next: Superintelligence 4) Anthropic raising $2 billion 5) NVIDIA says robotics is a multi-trillion opportunity 6) NVIDIA has a personal 'supercomputer' 7) Smarter NPCs are here 8) Meta's AI training copyright issues 9) Zuckerberg's fact check reality check 10) Motives of Zuckerberg's moderation moves 11) TikTok ban might actually happen 12) Alex's visit to China

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CBS News Roundup - 01/10/2025 | World News Roundup Late Edition

On day four of the catastrophic wildfires around Los Angeles, evacuees are in need of things like medicine. President-elect Trump sentenced in his so-called "hush money" case. Supreme Court appears inclined to allow a TikTok ban. CBS News Correspondent Jennifer Keiper with tonight's World News Roundup.

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The Gist - The Apocalypse Musical

Joshua Oppenheimer, the director of the recent apocalypse musical The End, starring Tilda Swinton and Michael Shannon, joins us to discuss musicals and his past work crafting brilliant documentaries. Plus, we’ll hear a direct dispatch from our friend Meghan Daum, whose house was destroyed in the Southern California fires. And I think we can safely say that Donald Trump won’t be waging war on Greenland, even if he won’t say it clearly.


Listen to Meghan's full story from The Unspeakable Podcast at her substack, and consider becoming a paid subscriber. She's a friend of The Gist, a fantastic writer, and a person who could use your support.


Voices and Votes: The State of Free Speech After the Election


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Produced by Joel Patterson and Corey Wara

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The Journal. - The TikTok Ban Goes to the Supreme Court

Today, the U.S. Supreme Court heard arguments challenging the federal law that requires TikTok, which is owned by Chinese company ByteDance, to either shut down or find a new owner. WSJ’s Jess Bravin breaks down the arguments from each side.


Further Listening:

-How TikTok Became The World’s Favorite App 

-A TikTok Star Wrestles With the App's Possible Ban 

-What's Up With All the TikTok Bans? 

-House Passes Bill to Ban TikTok
 

Further Reading:

-Supreme Court Questions TikTok’s Arguments Against Ban 

-How TikTok Was Blindsided by U.S. Bill That Could Ban It 

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1A - The News Roundup For January 10, 2025

Firefighters battle to control several of major fires in the Los Angeles area that have killed at least five people, razed communities and forced thousands from their homes.

A New York court declines incoming President Trump's request to halt criminal sentencing in his felony sex scandal cover up case.

Meanwhile, the Danish king changed the royal coat of arms to more prominently feature the territories of Greenland and the Faroe Islands. That comes after President-elect Donald Trump seems to suggest he could try to acquire them by force.

Following Canadian Prime Minister Justin Trudeau's announcement of his resignation on Monday, many are wondering who will now lead the country's Liberal Party.

The State Department announces that Sudan's rebels have committed genocide and violence that have produced a "large humanitarian catastrophe."

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The Indicator from Planet Money - What’s going on with men’s labor force participation?

It's the first Jobs Friday of the new year, and there's good news!

The unemployment rate ticked down slightly to 4.1%, and the economy added 256,000 jobs. So, for the last month of 2024, the jobs market finished pretty strong.

Today on the show, we look at the indicators from this month's jobs report that give us a snapshot of where our economy's headed. We look at how men are potentially reversing a decades-long trend of declining labor force participation, how people who are unemployed are staying that way for longer and how a lot of Americans saw their wages rise in 2024.

PLUS ... we reveal the winner of our Indicator of 2024!

Related episodes:
Help us pick the indicator of the year!
Getting more men into so-called pink-collar jobs

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Reset with Sasha-Ann Simons - WBEZ’s Weekly News Recap: Jan. 10, 2025

Nearly 300 new laws are now in effect in Illinois in 2025. Chicago Public Schools parents are under the microscope after a damning report from the district’s inspector general. Meanwhile, former Illinois House speaker Michael Madigan spoke candidly about his life and work for the first time in years during his federal corruption trial. Reset discusses those stories and much more with Chicago Sun-Times education reporter Nader Issa, WTTW political correspondent Amanda Vinicky and ABC7 News anchor Ravi Baichwal. For a full archive of Reset interviews, head over to wbez.org/reset.