Rank #1: What makes a song successful now?
Matthew Wilder’s “Don’t Break My Stride,” a 1980s one-hit wonder, has been going viral on TikTok for weeks. So has Roddy Ricch’s “The Box,” which beat Justin Bieber to number one on the Billboard Hot 100. When does virality start to pay? Today, we do the numbers on streaming, memes and chart success. Plus: fake coronavirus news, unemployment insurance cuts and in-home grocery delivery.
Feb 12 2020
Rank #2: I quit!
Thanks to a tight labor market, more and more Americans are changing jobs, and faster. Where does that leave the customary two-week notice period? Plus: the Sprint and T-Mobile merger, WME’s failed IPO and the first responders who can’t turn to Google Maps.
Feb 11 2020
Rank #3: What China wants with Equifax data
The Justice Department is charging four members of the Chinese military in the 2017 Equifax data breach, in which hackers got the names, birth dates and Social Security numbers of 145 million Americans. Attorney General William Barr said it was the biggest in a string of connected attacks, which China has denied. Today, we’ll look at what the Chinese would want with Americans’ personal data. Plus, President Donald Trump’s budget, the economies of early primary states, and the Oscars’ spotlight on hair discrimination.
Feb 10 2020
Rank #4: Uber’s path to profitability
Growth is not a problem for Uber, but when it will start making money is another question. The company says it will be profitable by the end of year, and while Uber Eats accounts for two-thirds of its losses, it’s doubling down on food delivery. Today we’ll talk about why. Plus, how coronavirus is hitting supply chains, Brexit brain drain and why Warner Music is going public … again.
Feb 07 2020
Rank #5: Some workers haven’t recovered from the government shutdown
The federal government shutdown ended a year ago, but it’s still hurting temporary workers, like security guards, who will never get that month of wages back. The Trump administration is using a lot more contractors than previous White Houses, and today we talk with some people still paying off credit cards and other debt they took on. Plus: The head of the New York subway system steps down, the “American Dirt” controversy and how China is responding to the coronavirus.
Jan 24 2020
Rank #6: How U.S. sanctions led to Instagram censorship in Iran
According to the International Federation of Journalists, more than a dozen Iranian journalists recently reported having their Instagram profiles suspended after they posted about Iranian Gen. Qassem Soleimani’s death. Facebook, Instagram’s parent company, said any accounts or posts that are being blocked is because the company is being careful not to violate sanctions. It makes sense that sanctioned people, like Soleimani, might be blocked from the platforms, but what about people just posting about him? Plus: How phase one of the trade deal between the U.S. and China is affecting the steel industry, a new way to measure inflation and the lack of diversity in the financial planning industry.
Jan 13 2020
Rank #7: Low inflation is still a mystery
And not just in the U.S. All around the world, central banks have kept interest rates low or even negative, but inflation isn’t going up as expected. What’s going on? We kick off today’s show trying to answer that question. Plus: P&G’s earnings, bricklaying robots and the effects of the government shutdown, a year later.
Jan 23 2020
Rank #8: How much money do you have tied up in gift cards?
Billions of American dollars are resting in unused gift cards and digital wallets. Starbucks and Walmart together have about $3.5 billion, PayPal is holding tens of billions. Where is that money sitting and what do companies do with it? That’s what we’re finding out on today’s show. Plus: The latest China trade news, how to get your personal data back and why Iowa’s caucus app failed.
Feb 06 2020