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svaneksmith.bsky.social
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This week on Everybody’s Business, @chafkin.bsky.social and I talk with @kedseconomist.com about the impact of immigration on the economy @businessweek.bsky.social @bloomberg.com #immigration #jobs #iceraids

Not surprisingly, @maragay.bsky.social is great here: www.nytimes.com/interactive/...

For the past few weeks @svaneksmith.bsky.social and i have been goofing off on mic…I mean, diving deep on the serious economic issues of the day. Check the show out if u haven’t podcasts.apple.com/us/podcast/e...

Very excited to have our new podcast Everybody’s Business @businessweek.bsky.social @bloomberg.com featured on Apple 🙏! This week you can hear @chafkin.bsky.social and I arguing about the tax bill, the price of gold and bar tabs. (Tl;dl I am correct on all counts, tho he makes some good points)

Miller "directed them to target Home Depot, where day laborers typically gather for hire, or 7-Eleven .. stores. Miller bet that he and a handful of agents could go out .. and arrest 30 people right away. “Who here thinks they can do it?” Miller said .." @wsj.com www.wsj.com/us-news/prot...

For folks who don't know, downtown LA is the epicenter of the arts community in the city. Lofts, clubs, restaurants, galleries.

Why unemployment for Black women is rising axios.com/2025/06/09/f... #axiosmarkets

Bidding for 23andMe's data could resume as soon as this week. Here's Steven Church in the Businessweek Daily on why it's so valuable. (Gift link) www.bloomberg.com/news/newslet...

Is Elon right about the big beautiful tax bill? (And is more debt really so bad??) my latest for @marketplace.org #elonmusk #trumpvselon #trump #economy #bigbeautifulbill

The latest:

Every flower is unique, and so are its tariffs, says one small-business owner. Here's @svaneksmith.bsky.social on a problem in full bloom 🎁 link: www.bloomberg.com/news/newslet...

Small businesses sued to block Trump’s tariffs this week. Why the little guys are putting up a legal fight and not the big corporations. #smallbusiness #tariffs #economy #inflation

Talking Trumpcoin with @smi.bsky.social and @chafkin.bsky.social for #everybodysbusiness @businessweek.bsky.social @bloomberg.com

Agastya Sridharan finished Ec10 earlier this morning. He is going into his Sophomore year. And he shares what the Harvard foreign student ban would mean to him in US News Opinion. www.usnews.com/opinion/arti...

new podcast episode! @svaneksmith.bsky.social and i talk about who is actually eating trump's tariffs (its small business owners, and why that hurts them and possibly trump) www.bloomberg.com/news/article...

Tfw your president issues a meme coin…and kills the penny 😭 A brilliant and clear explanation of Trump’s crypto plans from the great @smi.bsky.social also the penny is 💀 @chafkin.bsky.social and I co-mourn on #everybodysbusiness @businessweek.bsky.social @bloomberg.com omny.fm/shows/everyb...

The Merit Hiring Plan released to agencies Thursday afternoon pushes forward Biden era policies and also explicitly orders agencies not to take race and gender into consideration in hiring. 1/2

Join @noelrubinton.bsky.social‬ at @bookculture.com‬ tomorrow (May 29) at 7 pm EDT for a discussion about his new book, Looking for a Story. NPR's @svaneksmith.bsky.social‬ will join in conversation. Register today: www.bookculture.com/event/112th-...

Meta has almost $78 billion cash on hand. One could, idk, pay to license things. Just a thought.

Why the bond market doesn’t like the “big beautiful” tax bill… and why that’s got everyone worried #Economy #BigBeautifulBill #Deficit #taxes

"Universities in Asia and Europe are hoping Donald Trump’s latest attack on Harvard may hand them a decisive advantage as they try to reverse a decades-old brain drain of talent to the US."

This newsletter is speaking even more delicately than usual. www.bloomberg.com/opinion/news...

On Bloomberg Television, Harvard University’s 27th president, @larrysummers.bsky.social, responds to the Trump administration’s decision to block the school from enrolling international students:

A 50% tariff on Europe?! 🧀🍝🍷 How Trump uses pro-wrestling theatrics to run the economy. The latest ep of #EverybodysBusiness is out! @chafkin.bsky.social and I talk kayfabe w/ @kyla.bsky.social Then @sarahfrier.bsky.social joins to talk AI & jobs 🤖 podcasts.apple.com/gb/podcast/e...

In an interview pegged to the publication of his memoir, billionaire Barry Diller and I talked about the nine law firms that settled with President Trump. “I would never employ one of those law firms that did that, that essentially folded under these circumstances,” he said.

🚨 New podcast alert!! Everybody’s Business from @businessweektr.bsky.social @bloomberg.com co-host @chafkin.bsky.social and I talk tariffs, private equity buying sports teams, and sneaker sole inflation 👟 with @amandamull.bsky.social and Randall Williams. Check it out!

Fun news: Today Businessweek launched Everybody’s Business, a new weekly (chatty, fun) podcast about what’s going on with the economy. It’s hosted by @chafkin.bsky.social and @svaneksmith.bsky.social, and I’m on our first episode talking about tariffs and Christmas! www.bloomberg.com/podcasts/ser...

hey hey, me and @svaneksmith.bsky.social made a new podcast for @bloomberg.com. it's about business. its smart. its fun. we'll tell you stuff you don't know but should. it comes out each week and we NEED you to subscribe and tell your friends. link.podtrac.com/rzj316uq

New podcast alert 🚨 I’m very excited to be hosting a new podcast with the great @chafkin.bsky.social for @businessweek.bsky.social @bloomberg.com Please give a listen and let us know what you think! 🎧 (banana pudding strongly encouraged but not required)

NEW: The US consumer has seemed unstoppable in recent years, spending throughout soaring inflation and the highest borrowing costs in decades. But as tariffs bite, they are starting to show signs of strain www.nytimes.com/interactive/... @nytimes.com @christinezhang.bsky.social

Money Stuff is precious to America at all levels. It is in the bone marrow of the American people. Thus, the need, dead or alive, to protect its integrity. www.bloomberg.com/opinion/news...

Ah, well, what could possibly go wrong? www.washingtonpost.com/business/202...

Day one of Econ 101: Opportunity cost matters. Alcatraz brings in $60M/year from tourism. Trump wants to shut it down to house 300 inmates—that’s a hidden cost of $200K per prisoner. That’s not tough on crime; it's failing the midterm. #TeachEcon

U.S. / China trade talks are happening and the outcome will have a huge impact on your… and your mother 💐 #economy #trumptariffs #mothersday #inflation

Treasury Secretary Scott Bessent, to Congress: “…there is a reasonable probability that the federal government's cash and extraordinary measures will be exhausted in August while Congress is scheduled to be in recess.”

Y’all, @nicolareporter.bsky.social is in this episode of Elon, Inc.! Give it a listen wherever you get your podcasts.

I enjoyed this so much. RIP Florent. www.nytimes.com/interactive/...

Two things can be true at the same time 1 - the entire global economy is subject to the whims of this one guy 2 - global trade will go on without us. Wait, 3 things. 3 - we will be poorer for it

Is facadenfreude a thing?