Minting one penny costs the United States nearly four cents. After 233 years, the Treasury Department has decided to phase out the coin. This will mean that businesses will have to round cash transactions up or down, and some fear it could lead to inflation. We reminisce about the cultural significance of the one-cent coin with WSJ’s Oyin Adedoyin and discus ... Show More
Yesterday
The Botched Software Update That Cost $600 Million
We’re off today for the holiday, but wanted to share this episode. Sonos, the high-end speaker company, is still reeling from its disastrous app update over a year ago. WSJ’s Ben Cohen explains how the company lost revenue and approximately $600 million in market capitalization. ... Show More
19m 41s
Oct 10
Kathy Hochul on Mamdani, Trump and Where Democrats Went Wrong
New York Governor Kathy Hochul has a lot to juggle, from a federal government shutdown to immigration enforcement to the state’s affordability crisis. In a conversation taped at The Journal live event, Hochul joins host Ryan Knutson to talk about how she’s managing those challeng ... Show More
26m 42s
Oct 8
She Swore Off Legacy Media. Now She's Running CBS News.
Paramount has acquired news and opinion website the Free Press for $150 million. The company's co-founder, Bari Weiss, has a new job as editor in chief of CBS News. She's a polarizing figure, known for her outspoken support of Israel and strong views on topics like gun rights and ... Show More
18m 10s
Jul 2024
306. Pennies, Cents, and Small Change: A Waste of Money? (English Vocabulary Lesson)
What is the smallest and least valuable coin used in your country? Could you imagine your currency without that coin? Should we remove these small value coins from our money?
Let’s discuss this topic, while learning lots of economic vocabulary, in today’s episode of Thinking in E ... Show More
27m 48s
Aug 2024
Why Tipping Is Everywhere
Tipping, once contained to certain corners of the economy, has exploded, creating confusion and angst. Now, it is even becoming an issue in the U.S. presidential campaign.Ben Casselman, who covers the U.S. economy for The New York Times, cracks open the mystery of this new era of ... Show More
25m 11s