Trump Fires BLS Chief, Elon’s $29B Pay Day & American Eagle Stock Soars Again

Prof G Markets

Prof G Media & Vox Media

Entrepreneurship, Investing, Business

4.3 • 1.4K Ratings

🗓️ 5 August 2025

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

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Summary

Ed breaks down Friday’s jobs data and the fallout from Trump that followed. Then Charles Elson, Founding Director of the Weinberg Center for Corporate Governance at the University of Delaware, returns to the show to explain why Tesla’s board approved a proposed $29 billion pay package for Elon Musk. Finally, Ed takes a look at what drove American Eagle’s stock up yesterday, and Kyla Scanlon joins the show to share what the saga reveals about markets today. Check out our latest Prof G Markets newsletter Order "The Algebra of Wealth" out now Subscribe to No Mercy / No Malice Follow Prof G Markets on Instagram Follow Ed on Instagram and X Follow Scott on Instagram Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Introducing the new Dell AI PC, powered by the Intel Core Ultra processor.
0:06.0	It helps do your busy work for you, so you can fast forward through designing presentations,
0:11.0	summarizing meeting notes, finding files, synthesizing data, organizing decks,
0:15.0	organizing multiple schedules, responding to James' long emails.
0:20.0	Leaving all the time in the world for the things you actually want to do, no offence, James.
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0:32.5	Dell, how those ahead, stay ahead.
0:38.5	Support for this show comes from Macy's.
0:41.6	Layering is an art form.
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1:05.9	at Macy's.com. Why are businesses like Hallowet choosing Apple products and services?
1:13.6	So we started the business two years ago.
1:15.6	We had a few people who were used to PCs and this was their first foray into Macs.
1:21.6	But it's been super smooth getting everyone onto those devices and everyone seems really, really happy.
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1:35.1	Today's number 300.
1:38.2	That's how many times the average four-year-old laughs per day.
1:42.2	Meanwhile, the average 40-year-old laughs just four times per day,
	...

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