Posts

Posted on

Planet Money - How Jane Street’s secret billion-dollar trade unraveled

On Wall Street, fortunes are often won and lost with the tiniest advantages. And for the past few years, one trading firm has stood out from the rest for both huge profits and careful secrecy — Jane Street Group.


But last year, one of Jane Street’s biggest and most lucrative trading strategies was unexpectedly revealed in a Manhattan courtroom. The news ricocheted around the world. It drew the attention of competitors and regulatory agencies, destabilized billions of dollars worth of trades, and called into question some of the most fundamental strategies in global finance. 

Some Planet Money episodes about finance:

Further reading: 

Subscribe to Planet Money+


Listen free: Apple Podcasts, Spotify, the NPR app or anywhere you get podcasts.


Facebook / Instagram / TikTok / Our weekly Newsletter.


This episode was produced by Eric Mennel, with production help from Sam Yellowhorse Kesler and Cooper Katz-McKim. It was edited by Jess Jiang. Fact-checking by Sierra Juarez. Planet Money’s executive producer is Alex Goldmark


Music in this episode:

Bob Bradley, “Cyber Crime”

Jason Bowld; Colin Doran, “Falling Apart 2”

Runman, “Dark Shop”

Martin Haene [SUISA], “Heavy Trip”

Adam Riches [PRS], Murray David Stockdale [PRS], Sammy Gordonski [PRS], “Monster”

Alex Arcoleo;Josh Oliver, “Day Dreamer”

Alex Arcoleo, “Best Part”


Learn more about sponsor message choices: podcastchoices.com/adchoices

NPR Privacy Policy
Posted on

Time To Say Goodbye - Kimmel, Free Speech, and the University as the New Church with Zena Hitz

Hello,

Today, we have back on one of our favorite guests, Zena Hitz, a philosopher who teaches at St. John’s College. We talk about Kimmel’s canceling and uncanceling, the history of free speech in a conformist country like America, and the university’s place as the crucible for all discourse refereeing. Is this a good thing or is the modern university uniquely unqualified to hold such importance?

Enjoy!



This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit goodbye.substack.com/subscribe
Posted on

WSJ Minute Briefing - One Dead, Two Injured in Shooting at Dallas ICE Field Office

Plus: Tether is in talks to raise $20 billion for a $500 billion valuation. And the U.S. is in talks to provide $20 billion in aid to Argentina. Zoe Kuhlkin hosts. 


Sign up for WSJ’s free What’s News newsletter. 


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.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Posted on

CoinDesk Podcast Network - USDT Issuer Tether Looking to Raise Up to $20B: Report | CoinDesk Daily

Tether is reportedly looking to raise up to $20B. Can they hit $500B valuation?

Tether is looking to raise between $15 billion and $20 billion for about a 3% stake in the company through a private placement, according to a report from Bloomberg. The raise would bring its valuation to around $500 billion, putting it in the same league as OpenAI and SpaceX. CoinDesk’s Jennifer Sanasie hosts “CoinDesk Daily.”

-

Break the cycle of exploitation.

Break down the barriers to truth.

Break into the next generation of privacy.

Break Free.

Free to scroll without being monetized.

Free from censorship.

Freedom without fear.

We deserve more when it comes to privacy. Experience the next generation of blockchain that is private and inclusive by design.

Break free with Midnight, visit midnight.network/break-free

-

This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.

Posted on

Focus on Africa - The two African countries which don’t recognise Palestine

UNGA: More than 150 member states recognise the State of Palestine-Cameroon and Eritrea will not.

South Africa's police discover illicit drugs worth $20 million on a farm.

Plus, we discover the nutritional benefits of eating dried fish.

Presenter: Charles Gitonga Producers: Patricia Whitehorne, Makuochi Okafor, Mark Wilberforce, Sunita Nahar and Nyasha Michelle in London. Senior Producer: Paul Bakibinga Technical Producer: Francesca Dunne Editors: Andre Lombard, Maryam Abdalla, Samuel Murunga and Alice Muthengi

Posted on

Marketplace All-in-One - The next USDA report on hunger in the U.S. will be the last

Every fall for about three decades, the U.S. Department of Agriculture comes out with a report assessing food security across the country. We'll get the latest in a month, but it will be the last. The USDA is terminating the annual report, saying it was “politicized.” Researchers, however, say it was vital. Also on the show: no sure thing on the future of interest rates and the costs for Chinese adoptees to search for their birth family.

Posted on

Newshour - Powerful cyclone batters Taiwan and southern China

Typhoon Ragasa has made landfall in southern China, where nearly two million people have been evacuated in preparation for its arrival.

It comes after authorities said at least 17 people had been killed and more missing in Taiwan after a lake burst on Tuesday, causing severe flooding in the island's east. We hear from a reporter in Taiwan

Also in the programme: Syria's interim president is due to address the UN General Assembly, making him the first Syrian head of state to do so in nearly 60 years; and for the first time, doctors have used gene therapy to significantly slow the progression of the deadly, degenerative disease Huntington's.

[Photo shows a drone view of buildings and fields submerged in flood waters in Guangfu, Hualien County, Taiwan on 24 September 2025. Credit: The Warthog Air Squadron/Reuters)

Posted on

Native America Calling - Wednesday, September 24, 2025 — The Menu: Troubling wild rice trend, heirloom Cherokee apples, and a prize-winning New Mexico burger

An unassuming café on Isleta Pueblo just won one of the most sought-after culinary recognitions in New Mexico. Isleta Grill is this year’s Green Chile Cheeseburger Challenge Champion for their frybread version of a regional delicacy.

In northern Wisconsin, this year’s wild rice yields are low. The state Department of Natural Resources blames wind damage and heavy rainfall from a series of strong storms. It’s part of a pattern of diminished wild rice harvests in recent years.

Cherokees cross-bred and cultivated apple varieties when they lived in the southeast U.S., but when the federal government forced a majority of Cherokees to move to Indian Territory (Oklahoma), they left their orchards behind. Now one cultural group is reviving those lost varieties of apples along with the history that goes with it.

These are among the topics we’ll hear about on The Menu, a special feature of Native America Calling on Indigenous food sovereignty and stories with Andi Murphy.

GUESTS

Leticia Romero (Isleta Pueblo), owner of the Isleta Grill

Esiban Parent (Lac Courte Oreilles Ojibwe and Purépecha descent), Manoomin Wiidookaage for the Great Lakes Indian Fish and Wildlife Commission

Amber Allen (Eastern Band of Cherokee Indians), project coordinator at the Noquisi Initiative

Elaine Eisenbraun, executive director of the Noquisi Initiative

 

Break 1 Music: The Wild One (song) Link Wray (artist)

Break 2 Music: Seeing Two (song) Deerlady (band) Greatest Hits (album)