Slate Money: Are Wallets Obsolete?

Slate Technology

Slate

Society & Culture, Technology, History

4.6 • 636 Ratings

🗓️ 9 March 2024

⏱️ 46 minutes

🔗️ Recording | iTunes | RSS

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Summary

The New York Times declared that physical wallets are on the outs. But is digital enough? Felix Salmon Emily Peck and Elizabeth Spiers discuss! Also: Steve Mnuchin’s heroic $1 billion bailout of New York Community Bank, and new rules requiring public companies to report their carbon emissions. In the Plus segment, a leaked Department of Labor email to a mysterious group of “super users” may reveal why January’s inflation numbers spiked. If you enjoy this show, please consider signing up for Slate Plus. Slate Plus members get an ad-free experience across the network and an additional segment of our regular show every week. You’ll also be supporting the work we do here on Slate Money. Sign up now at slate.com/moneyplus to help support our work. Podcast production by Jared Downing and Cheyna Roth. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hello and welcome to sleep money, your guide to the business and finance news of the week.
0:17.8	I'm Felix Salmon of Axios, joined by my colleague Emily Peck.
0:21.7	Hello, hello. And by Elizabeth Spires, it's in New York Times.
0:25.4	Hello.
0:25.8	We are going to talk about all manner of different stuff today, but we are going to start by
0:30.4	talking about New York Community Bank Corps, which was kind of rescued by the one and only
0:36.4	Steve Nushin this week. We're going to talk about
0:39.2	Steve Nushin, how is the zealik of bank crises. We are going to talk about wallets and whether we
0:45.8	even need them anymore. We are going to talk about SEC rules about carbon emissions. We have a
0:53.8	whole slate plus about owners equivalent rent and inflation and what even is
0:58.6	inflation and how much we love the Bureau of Labor Statistics.
1:02.1	It's all coming up on Slate Money. My name is Caden Sinclair.
1:16.6	Some people call us American royalty.
1:18.6	We were liars.
1:20.6	A new series on Prime Video.
1:22.6	We were happy. We wanted for nothing.
1:24.6	Based on the best-selling novel.
1:32.8	Something terrible happened last summer, and I have no memory of what or who hurt me.
1:34.9	No one in my family will tell me.
1:37.6	When you're left for dead, you want answers.
1:42.4	We Will Liars. New series, watch now, only on Prime Video.
1:45.4	This episode is brought to you by Indeed.
	...

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