Dec 14, 2016

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So the Fed came in under the wire and finally raised rates by a quarter percent.  So what's the big deal? Then: President-elect Donald Trump met with leaders from big tech companies in New York today. Given how little we…

Segments From this episode

Does financial aid really drive up tuition?

Dec 14, 2016
Testing the "Bennett Hypothesis" that colleges raise prices because they can.
Graduates of Bowie State University put messages on their mortarboard hats during the school's graduation ceremony at the Comcast Center on the campus of the University of Maryland May 17, 2013 in College Park, Maryland. 
Chip Somodevilla/Getty Images

What Homer Simpson can tell us about the economy

Dec 14, 2016
He's had more than 100 jobs, but hasn't progressed economically.
Fox

Italy turns east to protect Western heritage

Dec 14, 2016
It offers tax breaks to those willing to help fund upkeep of monuments.
A photographer takes pictures of restored frescoes at the Saint Priscilla catacombs in Rome on November 19, 2013. 

 
FILIPPO MONTEFORTE/AFP/Getty Images

Why the biggest names in tech met at Trump Tower today

Dec 14, 2016
Apple CEO Tim Cook was there... but Jack Dorsey of Twitter wasn't.
(L-R) Amazon's chief Jeff Bezos, Larry Page of Alphabet, Facebook COO Sheryl Sandberg, Vice President-elect Mike Pence, President-elect Donald Trump, Peter Thiel, co-founder and former CEO of PayPal, Tim Cook of Apple and Safra Catz of Oracle attend a meeting at Trump Tower December 14, 2016 in New York. 
TIMOTHY A. CLARY/AFP/Getty Images

Why should you care when the Fed hikes its benchmark interest rate?

Dec 14, 2016
A quarter-percent actually means a lot, and it's just the beginning.
Traders in the Standard & Poor's 500 stock index options pit at the Chicago Board Options Exchange (CBOE) react to the Federal Reserve's statement that it would increase its benchmark interest rate December 14, 2016 in Chicago, Illinois. The much-anticipated decision will move the Feds benchmark rate to a range between 0.5 percent and 0.75 percent.
Scott Olson/Getty Images

Another 1 billion Yahoo accounts were hacked in 2013

Dec 14, 2016
The company released a statement detailing yet another security breach.
Yahoo! President and CEO Marissa Mayer delivers a keynote address at the 2014 International CES at The Las Vegas Hotel & Casino on January 7, 2014 in Las Vegas, Nevada.
Ethan Miller/Getty Images

Interest rates are inching up

Dec 14, 2016
Just a quarter of a percent, but still.

Some big players in the Super Bowl ad lineup bow out of the game

Dec 15, 2016
Frito-Lay is sitting out for the first time in a decade.
Brandon McManus of the Denver Broncos attempts a field goal during Super Bowl 50 against the Carolina Panthers at Levi's Stadium in Santa Clara, California February 7, 2016. 

 
TIMOTHY A. CLARY/AFP/Getty Images

So the Fed came in under the wire and finally raised rates by a quarter percent.  So what’s the big deal? Then: President-elect Donald Trump met with leaders from big tech companies in New York today. Given how little we know about Trump’s tech policy, what’s the meeting mean? Plus, Homer Simpson’s many jobs and why some advertisers are sitting out the Super Bowl.

Music from the episode

Sunday! 9th Wonder, Keisha Shontelle, Chaundon
Get Lucky (feat. Pharrell Williams & Nile Rodgers) - Radio Edit Daft Punk, Pharrell Williams, Nile Rodgers
Digital Love Daft Punk
Dangerous (feat. Joywave) Big Data, Joywave
Prayer in C - Robin Schulz Radio Edit Lilly Wood and The Prick, Robin Schulz
John Doe Shade Sheist, DJ Quick, Hi-C, AMG, Swift