The debate over healthcare subsidies has shut down the federal government for a historic length of time. With open enrollment underway, many Americans who pay for plans under the Affordable Care Act are experiencing sticker shock. Some costs have doubled, tripled, or even quintupled. WSJ’s Anna Wilde Matthews takes us inside the hefty premium hikes and explains why the high price tag could have an impact on the system as a whole. Ryan Knutson hosts.
Further Listening:
-The Healthcare Costs of Trump's Big Beautiful Bill
-Medicare, Inc. Part 1: How Insurers Make Billions From Medicare
-Medicare Inc. Part 2: Taxpayers Paid for care Denied by Insurers
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16:46
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16:46
The Waldorf Renovation: Over Budget, Past Deadlines, a Man Imprisoned
The historic Waldorf Astoria Hotel has reopened after an eight year saga that went $1 billion over budget. WSJ’s Craig Karmin takes us inside the deal to buy the hotel, the arrest of its new owner and the Chinese government’s takeover. Ryan Knutson hosts.
Further Listening:- Six Days of Chaos at MGM’s Casinos- The Missing Minister
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18:28
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18:28
The Witch Economy Is Booming
The Etsy witch trend has taken witchcraft into the mainstream. These online witches are making their magical services available to anyone willing to pay for them. Want a job? Or a boyfriend? There’s a spell for that. WSJ’s Chavie Lieber explains why it pays to be a witch. Jessica Mendoza hosts.
Further Listening:
-Etsy: Big Commerce or Crafters' Community?
-Lady Gaga, Low-Rise Jeans, and the Next Recession
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20:27
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20:27
Is the Economy Getting Better or Worse? The Fed Says It's Hard to Tell
On Wednesday, the Federal Reserve announced a highly anticipated quarter-point cut to interest rates. But the road to future rate cuts is pretty murky. WSJ’s Nick Timiraos explains how missing government data is obscuring the Fed’s view of the economy, and why Fed Chair Jerome Powell says a December rate cut is “not a foregone conclusion.” Ryan Knutson hosts.
Further Listening:
- The Government Shutdown: Who Will Blink First?
- The Drama at the Fed as It Debates Cutting Rates
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18:38
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18:38
Why GM Is Slamming the Brakes on EV Ambitions
In 2021, GM and its CEO Mary Barra announced a bold plan to go all electric by 2035. But falling consumer demand and shriveling government support has undermined GM’s electric plans. Now, as Sharon Terlep reports, GM has gone from one of the industry’s loudest EV champions to a leading opponent of government emissions rules and fuel-economy standards. Ryan Knutson hosts.
Further Listening:
-What Happened to GM’s All-Electric Bet?
-Tesla Has a Problem: Elon MuskSign up for WSJ’s free What’s News newsletter.
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The most important stories about money, business and power. Hosted by Ryan Knutson and Jessica Mendoza. The Journal is a co-production of Spotify and The Wall Street Journal.
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