During the pandemic, an enormous amount of money — about $5 trillion in total — was spent to help support the newly unemployed and to prop up the U.S. economy while it was forced into suspension.
But the funds came with few strings and minimal oversight. The result: one of the largest frauds in American history, with billions of dollars stolen by thousands ... Show More
Feb 5
Bezos Guts The Washington Post
When Jeff Bezos bought The Washington Post more than a decade ago, journalists inside and outside the newsroom were cautiously optimistic. But those hopes were dashed on Wednesday, when the paper carried out widespread layoffs.Erik Wemple, who covered the developments, discusses ... Show More
28m 30s
Feb 4
How to Bet on (Literally) Anything
The explosion of prediction markets in the United States, where people bet on everything from Taylor Swift’s wedding date to election outcomes, has radically expanded the universe of gambling.David Yaffe-Bellany, a technology reporter, explains how these platforms became so wides ... Show More
34m 10s
Mar 2021
54. The Pandemic Profiteers: The Businesses That Made a Packet out of COVID
<p>The pandemic has caused misery, turmoil and death for so many - but as this documentary exposes, for much of the rich elite, this is boomtime. From Amazon to private contractors, profit margins have exploded. In the first 9 months of the crisis, billionaires' fortunes jumped b ... Show More
22m 4s
Mar 2023
A Great Recession bank takeover
Earlier this month, we saw the largest bank collapse since the 2008 financial crisis. For many of us, seeing Silicon Valley Bank's meltdown brought us right back to that time 15 years ago, at the beginning of what would become the Great Recession. In early 2009, one or two banks ... Show More
18m 42s
May 2021
Rep. Matt Gaetz, Under Federal Investingation
Rep Matt Gaetz, under federal investigation, joins forces with conspiracy theorist Rep. Marjorie Taylor Greene; The United States adds 266,000 jobs; economist predicted 1 million; Biden says United States economy recovery still has "A long way to go" Follow dismal April jobs repo ... Show More
42m 44s
Mar 2020
Rana Foroohar on the trillion dollar fightback, Biden sweep
The FT News Briefing is a rundown of the global business stories you need to know for the coming day, from the newsroom of the Financial Times. If you enjoy it, subscribe to the FT News Briefing wherever you get your podcasts, or listen at FT.com/newsbriefing. Western governments ... Show More
7m 56s