Slate Money: Is Capital One’s Discover Deal Doomed?

Slate Technology

Slate

Society & Culture, Technology, History

4.6 • 636 Ratings

🗓️ 24 February 2024

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

This week, Felix Salmon, Emily Peck and Elizabeth Spiers come with 0% interest and no fees! They discuss what the proposed merger between Capital One and Discover would mean for the rest of us and why the government probably won’t let it happen. Also: How long will Nvidia’s chip empire last, and why there are suddenly so many car washes everywhere. In the Plus segment: The gang reveals their all-time favorite kitchen gadgets. 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 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. Clips and references in the show: “‘I’m gonna get totally and utterly X-ed.’: Constructing drunkenness” 1986 Discover ad “Car Wash” by Rose Royce Vintage car wash documentary Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hello, welcome to Slate Money, your guide to the business and finance news of the week.
0:18.0	I'm Felix Simon of Axios.
0:19.5	I am now writing the daily Axios Markets newsletter
0:24.5	with Emily Peck. Hello. Hello. Hello. We're now proper colleagues, Emily. It's not like we've been
0:31.6	recording this podcast together every week for the best five years. Nope. Now we're really working together.
0:36.8	So make sure you're
0:37.8	subscribed to Axios markets. But yes, we are also here with Elizabeth Spires. Hello.
0:43.6	And we're going to talk about the big credit card merger, what got announced at the end of last
0:48.7	week. We are going to also look at Nvidia, which is the avatar of the AI bubble
0:54.5	or the AI boom
0:55.8	depending on
0:56.3	how you're
0:56.5	looking at it.
0:57.3	We are going
0:58.1	to look at
0:58.7	car washes
0:59.4	and the whole
1:00.0	new economics
1:00.7	of car washes.
1:02.1	We have an
1:02.7	awesome Slate Plus
1:03.8	segment about
	...

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