logo
episode-header-image
Mar 2020
58m 9s

Fed cuts interest rates (and banks lobby...

New York Magazine
About this episode
Kara and Scott talk about the Federal Reserve's interest rate cuts and big banks asking for deregulation. They talk through how COVID-19 may halt the economy. They discuss Facebook's redesign of Libra -- their cryptocurrency and how other coins are faring in the face of COVID-19. In Listener Mail we hear from G/O Media reporter Dhruv Mehrotra about his recen ... Show More
Up next
Oct 30
Trump's War on "Artificial Intelligence," Elon v. Scott, and Google's Wall Street Meltdown
Kara and Scott unpack Trump's bizarre attempt to ban the term “AI,” Elon Musk finally taking aim at Scott, and the final countdown to the midterms. Then, they discuss Microsoft's earnings win, Alphabet's Wall Street stumble, and Nvidia's increasingly circular AI investments. Plus ... Show More
1 h
Oct 27
Anthropic's IPO Filing, Elon's Talarico Obsession, and Elizabeth Holmes' Box Office Surprise
Kara and Scott break down Anthropic’s IPO filing — the revenue, the losses, and the risks to humanity. Then, with just a week to go before the midterms, Elon Musk pours millions into the Texas Senate race, and James Talarico fires back. Plus, Elon admits to restricting Ukraine’s ... Show More
1h 5m
Oct 25
Pivot Extra: From ‘Trump Curious’ to ‘Trump Furious’: Inside the Midterm Odds
With just under two weeks until the midterms, Democrats have reason for cautious optimism. Analysts at the Cook Political Report project the party could flip the House. The Senate, meanwhile, has swung from Republican confidence earlier this year to a jump ball, and the Democrati ... Show More
1h 9m
Recommended Episodes
Sep 2025
Fed Cuts Rates For First Time This Year & Winners and Losers of a TikTok Deal
Ed breaks down the Fed’s interest rate decision with Robert Armstrong, U.S. financial commentator for the Financial Times. They dig into why the Fed cut rates yesterday and what that move means for the rest of the year. Then Ed and Scott discuss the details of the deal to keep Ti ... Show More
35m 35s
Sep 2024
ROLLUP: Rate Cuts Price Savior? | Trump’s DeFi Project | Vitalik’s Documentary
<p>The Fed just cut rates by 50 basis points for the first time since the pandemic, how is the market reacting, should we be excited? </p> <p>Trump revealed new details about World Liberty Financial. We’ll break down why they’re building it, who’s involved, and what’s going on wi ... Show More
1h 2m
Sep 2021
How We Can Defeat the Next Pandemic
Bloomberg News Technology Reporter Austin Carr explains how Microsoft and Google are part of the plan to wire rural America. Bloomberg News Social Media Reporter Naomi Nix shares news that Facebook Chief Technology Officer Mike Schroepfer is stepping down. Former FDA Commissioner ... Show More
37m 17s
Sep 2025
The Fed changes course
The Federal Reserve has cut interest rates for the first time this year and China is banning its tech companies from buying AI chips made by Nvidia. Plus, how did the Swiss National Bank become one of the world’s top investors in US tech? Mentioned in this podcast:Federal Reserve ... Show More
11m 41s
Sep 2024
The return of easy money
The Federal Reserve is set to make its first interest rate cut since the pandemic ended. Marketplace's Kimberly Adams explains how the move could impact the US economy and politics. This episode was produced by Miles Bryan, edited by Matt Collette and Miranda Kennedy, fact-checke ... Show More
25m 16s
Jun 2025
The Fed cuts US economic outlook
The Federal Reserve cut its outlook for the US economy on Wednesday, and in the UK, inflation remains higher than ideal. Plus, Big Tech companies are lobbying for a decade-long ban on AI regulations, and the Israel-Iran conflict has hit the global supply chain. Mentioned in this ... Show More
10m 36s
Jun 2024
Fed lays out rate cut plans
<p>The Federal Reserve held borrowing costs at a 23-year high yesterday, and Terraform Labs has agreed to pay $4.47bn in a case brought by the US Securities and Exchange Commission. Plus, tech companies launch a fight against a proposed California law to introduce a ‘kill switch’ ... Show More
8m 57s
Oct 2025
The Fed Slashes Rates Again & Big Tech’s Endless AI Spending
Episode 703: Neal and Toby recap big tech earnings coming from Meta, Microsoft, and Alphabet. Then, the Fed makes its 2nd rate cut for the year as well as ending the effort to reduce its balance sheet, all while acknowledging the data blackout from the government shutdown. Also, ... Show More
31m 31s
Jun 2019
'Facebank', financial scams and shareholder rights
Facebook plans to shake up the finance world with a new digital currency called Libra - we hear about its pros and cons. Next up, we discover what Moll Flanders, the literary anti-heroine, can tell us about modern day bank fraud. And finally we find out how smaller shareholders c ... Show More
17m 42s
Sep 2024
Fed-letter day: at last, a rate cut
<p>The first <a href="https://www.economist.com/finance-and-economics/2024/09/18/why-the-federal-reserve-has-gambled-on-a-big-interest-rate-cut?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes_na-na_arti ... Show More
25m 31s