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Protesters gather in cities across the country to protest ICE and its immigration tactics. Senate to begin voting on government funding bill designed to avoid a partial shutdown. Justice Department releases large tranche of Jeffrey Epstein documents.
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P.M. Edition for Jan. 30. A BlackRock fund surprised investors last week when it said that its net asset value declined 19%. Matt Wirz, who covers credit for the Journal, discusses why that’s reviving some fears around private credit. Plus, stocks fell, silver and gold plunged and the dollar strengthened after investors learned that President Trump picked Kevin Warsh to run the Federal Reserve. And fast casual restaurant chains like Starbucks, Chipotle and Subway are changing their menus and their marketing to lure diners with a hankering for protein. WSJ reporter Kelly Cloonan discusses what that could mean for their business. Alex Ossola hosts.
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Reports are swirling that Elon Musk is aiming to combine xAI and SpaceX ahead of the SpaceX IPO in 2026. What does that mean for Tesla shareholders? Then, we cover the week’s big tech earnings and how Google is positioned for the future of AI.
Travis Hoium, Lou Whiteman, and Emily Flippen discuss:
- SpaceX and xAI’s potential merger
- Big tech earnings
- Dumpster diving in SaaS
- Google’s Chrome update
Companies discussed: The Trade Desk (TTD), Axon (AXON), Toast (TOST), Netflix (NFLX), Salesforce (CRM), ServiceNow (NOW), CH Robinson (CHRW), Mama’s Creations (MAMA), Tesla (TSLA), Alphabet (GOOG, GOOGL), Apple (AAPL), Microsoft (MSFT).
Host: Travis Hoium
Guests: Lou Whiteman, Emily Flippen
Engineer: Dan Boyd
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The Nasdaq lost nearly a percentage point. Plus: Decker Outdoor stock jumps on the strength of its Hoka running shoe brand. Katherine Sullivan hosts.
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An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.
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Plus: Tesla shares closed up 3% after reports that it might merge with SpaceX. And Charter Communications reports gains in mobile and video subscribers. Julie Chang hosts.
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President Trump will be nominating former Fed official Kevin Warsh to be the next chairman of the Federal Reserve. WSJ’s Nick Timiraos profiles the pick, explores the lingering issues Trump has with the current Fed chair and details the implications for the U.S. economy. Jessica Mendoza hosts.
Further Listening:
- Who Will Be the Next Fed Chair? Maybe Kevin
- Why is the Fed Chair Facing a Criminal Investigation?
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In the wake of the massive winter storm, the power is still out in some places, trees are down, and the death toll continues to rise. And where is FEMA? Don’t pester Trump about it because he is very busy going after political opponents like Don Lemon, re-litigating once again his 2020 loss in Georgia, and keeping up his terror campaign in Minnesota in hopes of invoking the Insurrection Act. Plus, he’s got a side hustle orchestrating the payment of $10 billion in taxpayer money to him and his family. Meanwhile, there’s a pretty stinky smell of corruption around the new Fed chair pick, Lindsey Graham wants in on the grift, and where are all the bros who just had to vote for Trump because of Biden’s supposed reign of cancel culture?
Michael Steele joins Tim Miller for the weekend pod.
show notes
CrowdScience listener Namrata and presenter Chhavi Sachdev have something in common. They both get more tanned in the summer in the United States than back home in India. Namrata wants to know why she came back from her run in Boston with such a deep tan and doesn’t have the same experience in India. She’s got quite a few theories herself and wonders if it’s to do with the angle of the sun, pollution or humidity.
Chhavi talks to dermatologist Neelam Vashi, who’s based in Boston, to find out how we tan and what protects us from the sun.
She meets Julian Groebner at the World Radiation Centre in Switzerland who compares the data in India and the United States for CrowdScience and comes up with a surprising answer.
She also talks to Indians in Mumbai who share their attitudes to tanning and what steps they take to protect themselves from the heat of the sun.
Presenter Chhavi Sachdev
Producer Jo Glanville
Editor Ben Motley
(Photo: Woman sunbathing on sun lounger by swimming pool - stock photo Credit: IndiaPix/IndiaPicture via Getty Images)