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Slate News

Slate Money: Is Starbucks Still a Union Buster?

Slate News

Slate Podcasts

News, News Commentary, Politics

4.66K Ratings

🗓️ 16 December 2023

⏱️ 42 minutes

🧾️ Download transcript

Summary

This week, Felix Salmon, Emily Peck, and Elizabeth Spiers speculate on the Federal Reserve’s surprising new interest rates, whether Starbucks’ store closings are anti-union, and the financial machinations of Dodgers pitcher Shohei Ohtani. In the Plus segment, Felix and Emily hash it out over the usefulness of the UN’s climate change conference. 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. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hello! Welcome to Slake Money, your guide to the Business and Finance News of the Week.

0:18.0

I'm Felix Simon of Axios.

0:19.0

I'm here in the Brooklyn studio with Emily Peck of Axios.

0:22.0

Hello, hello. Welcome to Brooklyn, Emm, Emily. in the Brooklyn studio with Emily Peck of Axios.

0:22.6

Hello, hello.

0:23.5

Welcome to Brooklyn, Emily.

0:25.1

Thank you, it's great to be here.

0:26.4

It's fun to have you here.

0:28.6

Elizabeth Bires, you two are in Brooklyn.

0:30.8

I am, but not in the studio. But not in the studio. But not in the studio. But hello, nonetheless.

0:34.8

Hello. This was a big week. There was a major Fed pivot, which we have to talk about, obviously.

0:42.1

There was a lot of news on the labor relations front

0:46.1

because we're going to talk about Starbucks and what's going on with their unionization

0:49.8

efforts. There was a lot of news on the sports pages with dollar numbers throwing around about

0:55.6

Schohe Otani, who's a sports player. We're going to talk about him and his structure.

1:00.6

There was a huge amount of news coming out of Dubai about the climate talks there, so we're going to talk about that in the slate plus.

1:08.0

There were a whole bunch of other things we're just not even going to be able to get to, but is a packed show so it's all coming up on

1:14.7

slate money.

1:17.7

We just saw some really amazing movement in the bond market and this is something I love to geek out

1:28.2

about because I think as slate money listeners will all know I think the bond market is much more interesting than the stock market and

1:35.6

What we have seen in the bond market is yields come down

1:40.0

enormously they're now like 10 year yields they're like they used to be 5% now they're 4% the mortgages that used to be 8% and now 7%

...

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