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The Wall Street Journal & Gimlet

The most important stories about money, business and power. Hosted by Kate Linebaugh and Ryan Knutson, with Jessica Mendoza. The Journal is a co-production of Spotify and The Wall Street Journal.

Get show merch here: https://wsjshop.com/collections/clothing

The Journal.

Supreme is known for buzzy items, long lines and frenzied sell-outs. But lately, Supreme’s products are still available days after release. WSJ’s Jacob Gallagher discusses the brand’s rise and what’s changed.

Further Reading: 

- Is Supreme Still Cool? 

Further Listening: 

- ​​The Designer Who Made Streetwear Luxury 

Learn more about your ad choices. Visit megaphone.fm/adchoices

Is Supreme Still the King of Streetwear?

When Kellie Castillo needed a place to live, she ended up at Wood Street, one of the largest homeless encampments in California. State authorities have spent the past several months shutting Wood Street down, leaving people like Kellie to figure out what’s next. WSJ’s Christine Mai-Duc describes what’s behind the state’s decision and what it means for the unhoused in California.

Further Reading: 

- California Gov. Newsom Updates Plan to Fight State’s Homelessness Problem 

- California’s Homelessness Problem Pits Gov. Gavin Newsom Against Mayors 

Further Listening: 

- Checking Out of Hotel 166 

Learn more about your ad choices. Visit megaphone.fm/adchoices

Evicted on Wood Street: California's Housing Crisis

We’re off today, but we still have an episode for you! 

Hidden records show that thousands of senior executive branch employees owned stocks in companies whose fates were affected by their employers’ actions. WSJ’s Brody Mullins and Rebecca Ballhaus take us inside the nearly year-long Wall Street Journal investigation. This episode originally aired in October 2022. 

Further Reading:

-Government Officials Invest in Companies Their Agencies Oversee 

-131 Federal Judges Broke the Law by Hearing Cases Where They Had a Financial Interest 

-Congressional Staffers Gain From Trading in Stocks 

Further Listening:

-The Federal Law that 138 Judges have broken 

Learn more about your ad choices. Visit megaphone.fm/adchoices

Thousands of Government Officials Own Stocks In Companies Their Agencies Oversee

Over the past four years, Jay Gajavelli built a real-estate empire using funds from small investors who wanted to make passive income. Last year, Gajavelli’s company owned more than 7,000 apartments in the Houston area. Now he’s at the center of one of the biggest commercial real-estate blowups in years. WSJ’s Will Parker details what happened and what it says about the housing market going forward.

Further Reading: 

- A Housing Bust Comes for Thousands of Small-Time Investors 

Further Listening: 

- How High Will Interest Rates Go? 

Learn more about your ad choices. Visit megaphone.fm/adchoices

The Downfall of a Real Estate Empire

For years, Disney and Comcast have been locked in a battle over Hulu. Now, the streamer’s co-owners are trying to bring an end to their uneasy marriage. WSJ’s Jessica Toonkel unpacks the years of wrangling and the looming deal that could leave Disney with full ownership of Hulu. 

Further Reading:

- Inside Disney and Comcast’s Fight Over the Future of Hulu 

Further Listening:

- Does the Future of Streaming Look More Like Cable? 

- The Disney Boss Who Wouldn’t Let It Go 

Learn more about your ad choices. Visit megaphone.fm/adchoices

The Showdown Over Hulu

Only seven American companies have ever been worth a trillion dollars. Some came from garages. Others were started in college dorm rooms. Nvidia was born in a Denny's. WSJ's Asa Fitch on how the explosion of AI helped the chip maker become one of the most valuable companies in the world. 

Further Reading:

- The $1 Trillion Company That Started at Denny’s 

- The AI Boom Runs on Chips, but It Can’t Get Enough 

- How AI Is Catapulting Nvidia Toward the $1 Trillion Club 

Further Listening:

- America’s Answer to the Chip Shortage 

Learn more about your ad choices. Visit megaphone.fm/adchoices

The $1 Trillion Company That Started at Denny’s

Artem Uss is a Kremlin-linked businessman accused of illegally exporting American military technology to Russia. Last October he was arrested in Italy at the U.S.’s request. Then he vanished. WSJ’s Margherita Stancati explains how he escaped.

Further Reading:

- How a High-Value Russian Wanted by the U.S. Escaped From Italy 

Further Listening: 

- A WSJ Reporter Arrested in Russia 

- Russian Court Upholds WSJ Reporter’s Detention 

Learn more about your ad choices. Visit megaphone.fm/adchoices

Italy Caught a Russian Fugitive. Then He Vanished.

Today, Apple released its Vision Pro headset, the company’s first major new product launch in a decade. WSJ’s Joanna Stern on whether the augmented-reality headset has the potential to take a niche device for nerds into the mainstream. 

Suggested Reading: 

-Apple Releases Vision Pro Headset, First Major New Product in a Decade 

-Apple Is Breaking Its Own Rules With a New Headset 

Suggested Watching: 

-Will the Apple Headset Blow Up? 

Learn more about your ad choices. Visit megaphone.fm/adchoices

Apple Bets Big on ‘Nerd Helmets’

The Securities and Exchange Commission filed lawsuits against Binance and Coinbase— two of the biggest crypto exchanges. WSJ’s Caitlin Ostroff discusses the allegations and the potential impact on the global crypto ecosystem. 

Further Reading: 

- SEC Says Binance Misused Customer Funds, Ran Illegal Crypto Exchange in U.S. 

- SEC Sues Coinbase, Alleges It Is Unregistered Broker 

Further Listening:

- The Rise of Binance - And The Effort to Reel It In 

- The Charges Against FTX's Sam Bankman-Fried 

Learn more about your ad choices. Visit megaphone.fm/adchoices

A Crypto Exchange Crackdown

Chris Licht has stepped down as CEO of CNN, ending a short tenure that was marked by a series of missteps. WSJ’s Amol Sharma on what led to Licht’s departure and what is next for the network. 

Further Reading: 

- CNN CEO Chris Licht Is Out After Chaotic Year Atop News Network 

- Top CNN Anchors Criticize CEO Chris Licht’s Leadership 

Further Listening: 

- The Quick End to CNN+ 

- The Shock Exit of CNN’s President 

Learn more about your ad choices. Visit megaphone.fm/adchoices

Evicted on Wood Street: California's Housing Crisis

Evicted on Wood Street: California's Housing Crisis

Lyssna när som helst, var som helst

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