Feb 15, 2023

Why “eat the rich” storylines are everywhere now

The cast and producers of HBO's "Succession" in 2018. Frederick M. Brown/Getty Images

America has always been obsessed with wealth, but Hollywood's cynicism is growing. Why? Plus, when rug-cleaning videos mean extra revenue.

Segments From this episode

What recession fears? Consumers shopped up a storm in January

by Mitchell Hartman

Feb 15, 2023

We spent despite being whipsawed by economic news. Raises and slowing inflation helped.

Because of a surplus of inventory, consumers can continue to expect markdowns from retailers.

Frederic J. Brown/AFP via Getty Images

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Housing

As mortgage rates rise, so have all-cash offers for homes

by Amy Scott and Nicholas Guiang

Feb 15, 2023

Some people are selling expensive homes and using the cash proceeds to buy more affordable ones. How does that hurt first-time buyers?

Paying cash for homes is a growing trend.

Saul Loeb/AFP via Getty Images

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It can be harder for seniors to get mortgages, research shows

by Samantha Fields

Feb 15, 2023

Many older people have lower incomes and less time to pay off loans than younger counterparts, making lenders hesitant.

Older homeowners may be denied refinancings or new mortgages because of high debt-to-income ratios or other financial factors, according to Linna Zhu at the Urban Institute.

Westersoe/Getty Images

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My Economy

How ASMR videos earn bonus revenue for this cleaning company

by Maria Hollenhorst

Feb 15, 2023

“It has become so easy,” said Samad Abdulai, owner of C3 Laundry Services.

Samad Adbulai, owner of C3 Laundry Services in Accra, Ghana, is seen with a truck full of rugs.

Courtesy Abdulai

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Why Tesla is opening its charging network to other EVs

by Matt Levin

Feb 15, 2023

Federal subsidies, part of the White House's electric vehicle push, aren't the only way Tesla stands to make money on the expansion.

The White House is providing subsidies to Tesla to charge other makers' vehicles, potentially generating multiple income streams for the carmaker.

Justin Sullivan/Getty Images

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Why "eat the rich" storylines are taking over TV and movies

by Kristin Schwab

Feb 15, 2023

Society's evolving views of the wealthy have brought dark humor to pop culture.

Jennifer Coolidge, seen here at "The White Lotus" season 2 premiere, became a fan favorite for her performance in the "eat-the-rich" series.

Amy Sussman/Getty Images

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Music from the episode

gogobebe MAMAMOO

$$$ XXXTENTACION, Matt Ox

In Seoul Epik High, Sunwoojunga

What I Need (MONEY!) CircusP

Lifestyles of the Rich and Famous (Theme) Dominik Hauser

The Girl from Ipanema Frank Sinatra, Antonio Carlos Jobim

The team

Nancy Farghalli Executive Producer

Daisy Palacios Senior Producer

Maria Hollenhorst Producer

Sean McHenry Associate Producer

Andie Corban Associate Producer

Richard Cunningham Associate Producer

Dylan Miettinen Associate Digital Producer

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