In some ways, starting a bank is a lot like starting any other business. Who will you hire? Where will you be located? What color will the couches be? But it's also way more complicated. There are tons of regulations on banks–and you can understand why. Lots of new businesses fail. But if a bank fails, it can have ripple effects for the entire economy.
Today on the show, a baby bank is born. We go along for the ride from idea to ribbon cutting as a community bank gets off the ground.
This episode of Planet Money was produced by Emma Peaslee and edited by Katie Mingle. It was fact-checked by Sierra Juarez and engineered by Cena Loffredo. Alex Goldmark is our executive producer.
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Music: NPR Source Audio- "Numbers Game," "Smoke and Mirrors," and "Lets Start A Movement"
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CoinDesk Podcast Network - Best of Consensus Hong Kong: Robinhood Crypto’s Global Plans
Robinhood crypto general manager Johann Kerbrat discusses the firm's plan for global expansion.
Robinhood crypto general manager Johann Kerbrat joined Consensus Hong Kong to discuss the company's management of $38 billion in crypto assets. Plus, insights into the firm's Asia expansion using Singapore as a headquarter and the acquisition of Bitstamp.
This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.
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Friends, DeFi is having a moment — Uniswap Labs' web app and wallet connect you to the excitement. Swapping and bridging are simple, low cost, and lightning fast across 13 chains, including Base, Arbitrum and Unichain, the new Layer 2 network designed for DeFi.
Thanks to deep liquidity on Uniswap Protocols, you get minimal price impact on every trade, now with even greater efficiency through Uniswap v4.
Swap, send, on-ramp, off-ramp, and bridge into a bright future — get started at uniswap.org.
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This episode was hosted by Christine Lee and Leah Callon-butler.
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The Daily Signal - Victor Davis Hanson: MSNBC Is a ‘Money-Losing Operation’
While Rachel Maddow decries the network for firing Joy Reid and large swaths of news presenters, they conveniently leave out that Reid worked a fraction of the time her Fox counterparts did for a larger salary.
If Maddow really cares about the recently fired news staff, she’d forgo her $25 million annual salary and give it away, argues Victor Davis Hanson on this edition of “Victor Davis Hanson: In His Own Words.”
“ As far as Joy Reid goes, she had an audience of about 150,000. … Everybody else had no idea what she—who she was or what she was saying. She was getting at $1.3 million dollars.
“ Very politically connected people have one rule, one protocol, one value judgment for all of us. And, they have no intention of following it themselves. They’re never subject to the consequences of their ideology.
“Do you realize, if you just said, ‘I, Rachel Maddow, tonight promise that I will work my 52 days this year for free, given the ample compensation I have received, and I will fund 250 staffers at MSNBC for $100,000 a year, given what I make, $25 million.’ Let’s just try that.”
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The Journal. - The Fight to Kick Soda Out of Food Stamps
Robert F. Kennedy Jr’s Make America Healthy Again movement is leading an effort to stop people from spending food stamps on soda. WSJ’s Laura Cooper explains how one state is leading the charge and how beverage companies are pushing back.
See The Journal live! Take our survey!
Further Reading:
-RFK Jr. And His Allies Target Trump’s Beloved Soda
Further Listening:
-PepsiCo’s New Healthy Diet: More Potato Chips and Soda
-Who Wants Non-Alcoholic Beer? Everyone, Apparently.
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1A - The News Roundup For March 7, 2025
As President Donald Trump's trade war heats up, the stock market is going down. And his address to the joint session of Congress this week was the longest speech of its kind in the history of the presidency.
Following a turbulent meeting in the Oval Office, Trump says that Ukrainian President Volodymyr Zelenskyy is ready to make a deal. At a summit in Cairo, Arab leaders endorsed Egypt's plan to rebuild Gaza, allowing over 2 million Palestinians to return to the Strip.
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Following a turbulent meeting in the Oval Office, Trump says that Ukrainian President Volodymyr Zelenskyy is ready to make a deal. At a summit in Cairo, Arab leaders endorsed Egypt's plan to rebuild Gaza, allowing over 2 million Palestinians to return to the Strip.
Want to support 1A? Give to your local public radio station and subscribe to this podcast. Have questions? Connect with us. Listen to 1A sponsor-free by signing up for 1A+ at plus.npr.org/the1a.
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State of the World from NPR - The Dangerous Popularity of Skin Whitening Products in Nigeria
In many parts of the world skin whitening is a major industry, but women in Nigeria have a particular fondness for creams and lotions that promise to lighten their skin. By one estimate, over 77% of women in the country have used such products. We go to Nigeria and learn that the effects of skin whiteners can be severe and many people who use them are unable to stop.
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Motley Fool Money - Tariffs Tangle Markets, Businesses, Investors
When uncertainty spikes, our ability to look out into the future shrinks.
(00:21) Emily Flippen and Matt Argersinger discuss:
- How the shifting tariff picture is driving uncertainty across markets, economic forecasts, and investor outlooks.
- Target’s continuing troubles, and why even Costco can’t escape the retail slowdown.
- What’s behind Okta’s 25% post-earnings pop.
(19:11) Five years from the beginning of the pandemic, Malcolm Gladwell reflects on our COVID response, his past works, and his latest book Revenge of the Tipping Point.
(31:44) Emily and Matt break down two sides of 24-hour trading and what’s on their radar this week: private equity firms and Lovesac.
Stocks discussed: TGT, COST, OKTA, BN, BX, KKR, APO, LOVE
Host: Dylan Lewis
Guests: Emily Flippen, Matt Argersinger, Malcolm Gladwell.
Engineers: Dan Boyd, Rick Engdahl
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Cato Daily Podcast - Trade, Tariffs, and Our Big Spending Congress
The tariff policies preferred by President Trump will be a "disaster" for the United States according to Republican Senator Rand Paul of Kentucky. We discussed trade, tariffs, and his hope to make spending cuts identified by DOGE permanent.
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Reset with Sasha-Ann Simons - WBEZ’s Weekly News Recap: March 7, 2025
While House Republicans took aim at Democratic mayors over immigration issues, and former Chicago mayor Rahm Emanuel criticized Democrats, hinting he may run for political office again. Meanwhile, the Highland Park mass shooter pleaded guilty. Reset breaks down these stories and much more with WTTW News correspondent Nick Blumberg, Washington Post national and breaking news reporter Kim Bellware and WBEZ city politics reporter Mariah Woelfel.
For a full archive of Reset interviews, head over to wbez.org/reset.
CrowdScience - Is water wet?
The wetness of water seems blindingly obvious - but dive into the science and things aren’t so clear.
CrowdScience listeners Rachel and Callum were washing their hands one day and it got them thinking about wetness. Why does water feel the way it does? And what makes a liquid wet?
To find out, presenter Anand Jagatia takes a closer look at the behaviour of liquids with materials scientist Mark Miodownik, and finds out why they might not be as wet as we think.
We learn what’s really behind the sensation of feeling something wet on your skin, with the help of physiologist Davide Filingeri and PhD student Jade Ward.
And we turn to a philosopher, Vanessa Seifert, and a chemist, Tim Neudecker, to puzzle out exactly how many water molecules you need before the property of wetness emerges.
Presenter: Anand Jagatia Producer: Anand Jagatia Editor: Cathy Edwards Production Co-ordinator: Ishmael Soriano Studio Manager: Bob Nettles and Andrew Garratt
(Image: A photo of a droplet falling into a body of water Credit: Flaviu Cernea / 500pxvia Getty Images)