Joint fundraising committees allow aligned political campaigns to raise more money faster. We’ll break down how these operations work and how they’re affecting the cost of elections. Then, guest host Sabri Ben-Achour explains why China’s electric vehicle industry may not be at “overcapacity,” as U.S. and European officials have argued. Plus, artists’ fears summed up in one controversial iPad Pro commercial.
Here’s everything we talked about today:
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What summer heat waves mean for prisons
The good, the bad and the ugly of election polling
A shadow looms over the Fed
The long game of high interest rates
The growing troubles at OpenAI
A Trump-Musk bromance
How Big Food changed the way we eat
Biden doubling down on tariffs
How the Palestinian financial system is tied up in Israel
Private equity, endless shrimp and Red Lobster’s decline
Neoliberalism’s sleight of hand
Getting deep about deepfakes
The price tag on friendship
Whaddya wanna know about key inflation measures?
The great Bumble fumble
From “Million Bazillion”: What are labor unions?
The value of “third places”
What grocery aisle gossip can tell us about the economy
A phantom debt menace
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