Swipe, Spend, Repeat: The Perks Arms Race in Your Wallet
JPMorgan Chase recently announced that it was raising the annual fee on its popular Sapphire Reserve credit card by 45%. The company believes enough customers will stick around because of the status and exclusivity the card conveys. WSJ’s Imani Moise reports on how credit card companies have increasingly attracted customers by offering perks. Jessica Mendoza hosts.
Further Listening:
- The Unusual Economics of the Bilt Credit Card
- The Fight Over Your Credit Card Swipe
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21:21
The Supreme Court’s Season Finale, Explained
SCOTUS wrapped up a busy session, giving states room to restrict transgender medical care for minors, allowing the federal government to strip legal status for Venezuelan migrants and, in one of its final acts on Friday, clipping the power of federal judges to block President Trump’s policies nationwide. Jessica Mendoza speaks to WSJ’s Jess Bravin about the emergency cases filling the Supreme Court schedule and what that signals for the future.
Further Listening:
-Is There an Ethics Problem at the Supreme Court?
-Trump 2.0: A Showdown With the Judiciary
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18:29
Rick Steves Is Tired of Hearing 'Have a Safe Trip'
To renowned travel guru Rick Steves, “fear is for people who don’t get out very much.” The travel mogul has built an empire on a philosophy of travel that builds bridges. Recently, he sat down with Ryan Knutson at the Cascade PBS Ideas Festival in Seattle for a conversation about his business, his politics and how the two intersect.
Further Listening:
The Love Triangle Over Spirit
An Air Traffic Controller Speaks Out About Newark Airport
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25:26
Is NYC’s Mayoral Race All About Rent?
NYC mayoral candidate Zohran Mamdani has won over legions of rent-strapped young voters with a platform focused on making housing more affordable — including by freezing rents. This week he cleared an important hurdle, winning the Democratic primary in an upset of former New York Governor Andrew Cuomo. But his success has panicked the New York real estate industry, which is now in a mad scramble to assess its options. WSJ’s Rebecca Picciotto explains how the city’s housing crisis is driving the election. Annie Minoff hosts.
Further Listening:
-How Eric Adams Became New York City’s First Indicted Mayor
-The Rise of the Yimbys
-The Downfall of a Real Estate Empire
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20:07
"I'm Thinking I'm 100% Legal." Then ICE Raided His Company.
Gary Rohwer owns Glenn Valley Foods and lends his name to the company’s signature product: Gary’s QuickSteaks. He says he built his business with the help of mostly immigrant workers, whose legal status he says his company vetted using the government’s E-Verify System. This month, his plant was raided by ICE. He speaks with Annie Minoff about what happened, his industry and what’s next for his company.
Further Listening:
- Why Latino Consumers Are Spending Less
- Inside ICE’s Aggressive Approach to Arresting Migrants
- Deportations Could Upend This Parachute Factory
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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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