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After squeaking through the chamber, President Trump’s tax-and-spending bill now goes back to the House. Plus: Tensions between Trump and Elon Musk flare again, sending Tesla shares skidding. And AMC Entertainment reaches an agreement with creditors to reduce debt and secure new financing. Danny Lewis hosts.
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P.M. Edition for July 1. After an all-night session of dealmaking, Senate Republicans pushed through the bill, which addresses many of President Trump’s priorities. Now, as WSJ tax policy reporter Richard Rubin tells us, the bill heads to the House, where GOP leaders will have to move quickly to meet their July 4 deadline. Plus, Federal Reserve Chair Jerome Powell said solid economic activity is allowing the Fed to keep its wait-and-see stance. And the companies behind popular snack brands are adding more, smaller packaging sizes. We hear from reporter Jennifer Williams about the upsides and potential downsides of the move. Alex Ossola hosts.
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Summer is here and like many you might be planning your next vacation. But here’s the thing, a lot of popular destinations are grappling with the pressure of overtourism or mass tourism.
On today’s episode, we dig into the phenonmenon of over tourism, the growing tensions between locals and visitors and the global economic forces at play. Plus, is it possible to be a responsible tourist or have we pushed some destinations too far?
Later, listeners sound off on the power of labor unions and food allergies. Finally, are you team check-in bag or carry-on? This week’s answer to the Make Me Smart question might make you rethink everything!
Here’s everything we talked about today:
We want to hear your answer to the Make Me Smart question: What’s something you thought you knew, but you later found out you were wrong about? Leave us a voicemail at 508-U-B-SMART!
JPMorgan Chase recently announced that it was raising the annual fee on its popular Sapphire Reserve credit card by 45%. The company believes enough customers will stick around because of the status and exclusivity the card conveys. WSJ’s Imani Moise reports on how credit card companies have increasingly attracted customers by offering perks. Jessica Mendoza hosts.
Further Listening:
- The Unusual Economics of the Bilt Credit Card
- The Fight Over Your Credit Card Swipe
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Plus: The Elon Musk-Donald Trump feud reignites over Republicans’ tax-and-spending bill. And robots are about to outnumber humans in Amazon warehouses. Katie Deighton hosts.
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Every ten years, the United States conducts the census, a crucial survey of the country’s population meant to help Uncle Sam figure out how to plan infrastructure and distribute funding over the coming decade. In recent years, people have argued for and against including a question about citizenship on the census for any number of reasons ... including accusations of conspiracy. Tune in to learn more.
See omnystudio.com/listener for privacy information.
array(3) { [0]=> string(150) "https://www.omnycontent.com/d/programs/e73c998e-6e60-432f-8610-ae210140c5b1/2e824128-fbd5-4c9e-9a57-ae2f0056b0c4/image.jpg?t=1749831085&size=Large" [1]=> string(10) "image/jpeg" [2]=> int(0) }The fact remains that the strategic value of nuclear arms lies almost totally on the side of defense.
Original article: https://mises.org/mises-wire/economics-nuclear-weapons
To better understand history, we must understand how people thought and acted in the context of their times and the prevailing worldviews of that era. Unfortunately, modern historians insist on looking at US History from modern collectivists viewpoints.
Original article: https://mises.org/mises-wire/methodological-individualism-historical-analysis