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WSJ Your Money Briefing

Why Large Appliances Have a Shorter Lifespan

WSJ Your Money Briefing

The Wall Street Journal

News, Business News

3.81.6K Ratings

🗓️ 26 February 2024

⏱️ 9 minutes

🧾️ Download transcript

Summary

The complexity of today’s generation of large appliances is costing consumers more money for repairs and accelerating the need for replacement. Wall Street Journal reporter Rachel Wolfe joins host J.R. Whalen to discuss. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

F word and travel.

0:03.0

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you can drop flas from Acapulco to Zurich.

0:08.0

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Fondra.

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No fuss here.

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0:15.5

Pay no H.S.B.C. fees overseas with a global money account.

0:19.0

H.S.C. UK, opening up a world of opportunity.

0:22.2

Available to H.S.CC UK customers with an eligible current account

0:24.8

Exclude some accounts such as the HSPC Basic Bank account for mobile banking app users only

0:28.6

non-HSPC fees may apply.

0:38.3

Here's your money briefing from Monday, February 26th. I'm J. R. Whelan for the Wall Street Journal.

0:46.0

Gone are the days when a dishwasher just washed dishes or an oven just heated up food. Large appliances today are a lot more complex, have a lot more parts, and lead to a lot more parts and to a lot more problems.

0:54.0

I heard some crazy stories.

0:58.0

I spoke to one family out in San Diego whose dishwasher caused $35,000 worth of kitchen damage when it

1:06.2

sprung a leak underneath the countertop that they didn't know about. This was

1:10.0

within three years of getting this appliance.

1:12.1

Wall Street Journal reporter Rachel Wolf looked into why the lifespan of new appliances

1:16.7

is shrinking. We'll talk with her about that and what you can do about it after the break.

1:24.0

For Brands in the digital age, content is the customer experience.

1:27.0

That's why industry leaders like KFC,

...

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