Wall Street News Roundup: Is President Biden Broke? Plus, Airline Drama and New Trends in Unemployment

Money Rehab with Nicole Lapin

Money News Network

Education, Self-improvement, Business

4.4 • 1.4K Ratings

🗓️ 24 September 2025

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today, Nicole shares the biggest headlines on Wall Street and how they will affect you and your wallet. In this episode, she unpacks Spirit Airline's latest bankruptcy, the latest trends in unemployment data and whether President Biden needs Money Rehab. This podcast is for informational purposes only and does not constitute financial, investment, or legal advice. Always do your own research and consult a licensed financial advisor before making any financial decisions or investments. All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. As part of the IRA Match Program, Public Investing will fund a 1% match of: (a) all eligible IRA transfers and 401(k) rollovers made to a Public IRA; and (b) all eligible contributions made to a Public IRA up to the account’s annual contribution limit. The matched funds must be kept in the account for at least 5 years to avoid an early removal fee. Match rate and other terms of the Match Program are subject to change at any time. See full terms⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. Cryptocurrency trading services are offered by Bakkt Crypto Solutions, LLC (NMLS ID 1890144), which is licensed to engage in virtual currency business activity by the NYSDFS. Cryptocurrency is highly speculative, involves a high degree of risk, and has the potential for loss of the entire amount of an investment. Cryptocurrency holdings are not protected by the FDIC or SIPC. *APY as of 6/30/25, offered by Public Investing, member FINRA/SIPC. Rate subject to change. See terms of IRA Match Program here: public.com/disclosures/ira-match.

Transcript

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0:00.0	I'm Nicole Lapin, the only financial expert you don't need a dictionary to understand.
0:07.0	It's time for some money rehab.
0:12.0	It's time for a roundup of the biggest stories on Wall Street and how they're going to affect you and your wallet. Today I'm covering the biggest air travel drama that you haven't heard about
0:24.3	yet, why the job market is in this weird no hire, no fire limbo, where exactly we stand with
0:30.1	interest rates after the Fed's big meeting, and why Joe Biden might actually need some money
0:34.9	rehab. All this after the break. If you take only one thing away from
0:38.8	today's episode, money rehabbers, let it be this. In my not so humble opinion, Public is the best
0:44.0	brokerage for investing in bonds, stocks, ETFs, options, and even crypto. You can try it out for yourself
0:50.0	and see why I love it so much at public.com slash money rehab. Public is legit the only platform I use to buy
0:56.5	bonds. Before public, I used to buy government bonds the hard way. Slow websites, confusing interfaces,
1:02.5	website designs straight out of the early 2000s. Just picture where fun goes to die. That was it.
1:08.4	And then I found public about five years ago, and I have not looked back.
1:13.3	I can now finally buy bonds without wanting to rip my hair out. Public makes it so easy to buy bonds,
1:18.5	whether you're into treasuries or corporate bonds, you can browse thousands of options right
1:22.7	from your phone. But like I said, Public isn't just all about bonds. You can also find stocks and ETFs. And they offer a high yield cash account with a 4.1% APY, which is higher than the national average. They even have retirement accounts. You can now open a traditional or Roth IRA or both right on public. So your future self covered. And for a limited time, you can earn a 1%
1:47.0	match on all your IRA deposits, IRA transfers, and 401k rollovers. If you want an investing
1:53.3	experience that's both smart and simple, head to public.com slash money rehab. One more time,
1:58.8	public.com slash money rehab. This is a paid endorsement for public
2:02.2	investing, full disclosures, and conditions can be found in the podcast description. Let's start in the
2:07.3	skies. Air travel had a very messy week. Last weekend, flights across Europe and the UK were thrown
2:13.2	into chaos after a massive cyber attack. Electronic check-ins went down, which meant passengers had to check
2:18.8	in manually. The result was the long lines, handwritten tickets, and general airport mayhem.
	...

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