Carmakers are keeping a close eye on the steel industry. A bidding war over U.S. Steel, an iconic American manufacturer, is brewing, and car companies are concerned about antitrust issues and what that could mean for the auto business. We’ll get into it and explain our new theory about why the economy feels so precarious at the moment. Plus, we’ll weigh in on side hustles, raising the retirement age and Beyonce’s rendition of Dolly Parton’s “Jolene” in a round of Half Full/Half Empty!
Here’s everything we talked about today:
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The young (wealthy) Americans
Immigration policy as economic policy
20 years of Facebook
The car industry has a forced-labor problem
Copyright law in the age of AI
Our takeaway from the Big Tech CEO hearing
Turbulence at Boeing
How popular food brands get away with using prison labor
The politics of a booming energy industry
What does a UAW endorsement mean for Biden?
What Congress doesn’t want to talk about (tax hikes)
What happens when private equity firms own nursing homes?
When campaign-finance law looks like an unfunny joke
It’s a rough housing market out there, folks
More Big Tech layoffs. Is AI to blame?
What federal rulemaking power has to do with the economy
The afterlife of MLK’s call for a guaranteed income
When substances are legal but dangerous
The federal budget loop de loop
The risky business of bitcoin ETFs
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