The Biden administration is trying to crack down on sneaky fees charged by hotels, rental cars, internet providers and more.Jim Tankersley, a White House correspondent, explains why the effort is doubling as a war against something else that Biden is finding much harder to defeat.Guest: Jim Tankersley, who covers economic policy at the White House for The New York Times.Background reading: This month, a judge temporarily blocked a new rule limiting credit-card late fees.Hotels and airlines struggling to recoup their losses from the pandemic have been including more hidden charges. Don’t fall for them.For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.
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Folge vom 22.05.2024Biden’s Open War On Hidden Fees
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Folge vom 21.05.2024The Crypto ComebackThis month, customers of FTX — Sam Bankman-Fried’s cryptocurrency exchange, which collapsed in 2022 — were told that they would get their money back, with interest.David Yaffe-Bellany, our technology reporter, explains what was behind this change in fortune and what it says about the improbable resurgence of crypto. Guest: David Yaffe-Bellany, a technology reporter for The New York Times, covering the crypto industry from San Francisco. Background reading: Is crypto back? Here’s a guide.And here’s a guide to the risks of Bitcoin E.T.F.s.This is how The Times covered Sam Bankman-Fried’s sentencing.For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday. Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.
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Folge vom 20.05.2024Was the 401(k) a Mistake?The first generation to be fully reliant on 401(k) plans is now starting to retire. As that happens, it is becoming clear just how broken the system is.Michael Steinberger, a contributing writer for The New York Times Magazine, explains.Guest: Michael Steinberger, a contributing writer for The New York Times Magazine who writes periodically about the economy and the markets.Background reading: How an obscure, 45-year-old tax change transformed retirement.What to do when your 401(k) leaves something to be desired.For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday. Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.
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Folge vom 19.05.2024The Sunday Read: ‘Why Did This Guy Put a Song About Me on Spotify?’Have you heard the song “Brett Martin, You a Nice Man, Yes”?Probably not. On Spotify, “Brett Martin, You a Nice Man, Yes” has not yet accumulated enough streams to even register a tally. Even Brett Martin, a contributing writer for The New York Times Magazine and the titular Nice Man, didn’t hear the 1 minute 14 second song until last summer, a full 11 years after it was uploaded by an artist credited as Papa Razzi and the Photogs.When Martin stumbled on “Brett Martin, You a Nice Man, Yes,” he naturally assumed it was about a different, more famous Brett Martin: perhaps Brett Martin, the left-handed reliever who until recently played for the Texas Rangers; or Brett Martin, the legendary Australian squash player; or even Clara Brett Martin, the Canadian who in 1897 became the British Empire’s first female lawyer. Only when the singer began referencing details of stories that he made for public radio’s “This American Life” almost 20 years ago did he realize the song was actually about him. The song ended, “I really like you/Will you be my friend?/Will you call me on the phone?” Then it gave a phone number, with a New Hampshire area code.So, he called. Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.