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Aug 8, 2018

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Remember when we had to pay for credit scores? It wasn’t all that long ago. Now it seems everybody wants us to check our scores all the time, for free. Why? But first: It's been 160 days since President Donald Trump announced his steel and aluminum tariffs, kicking off the trade war. As White House chief economic adviser Larry Kudlow told us last week, the effect on real gross domestic product has been minimal. That's true, but it doesn't mean people aren't feeling the effects — and the longer the trade war goes on, the more pain people are gonna feel. We'll look at the micro and the macro today. Plus: Elon Musk's tweet yesterday about taking Tesla private was a big deal, but until he shows us the money, it's only theoretical. We'll talk about the implications (and the legality) of the announcement. 

Segments From this episode

Can the U.S. stop all oil exports from Iran?

Aug 8, 2018
The Trump administration looks to cut the Iranian economy from a key source of revenue. Analysts say past sanctions weren't totally able to do that.
An oil facility on Khark Island, on the shore of the Persian Gulf, in 2017.
ATTA KENARE/AFP/Getty Image

Why does everybody want me to check my credit score?

Aug 8, 2018
Once a closely held secret, free scores are abundant.
Major credit card companies could be getting into the buy now, pay later space.
DAMIEN MEYER/AFP/Getty Images

What its like to ship all the goods slapped with tariffs

Aug 8, 2018
At the intersection of trade and tariffs ... the Mississippi River has seen it all.
A loaded barge is seen near the Mississippi River port of Memphis, Tennessee, on Aug. 15, 2012.
Robert MacPherson/AFP/GettyImages

Remember when we had to pay for credit scores? It wasn’t all that long ago. Now it seems everybody wants us to check our scores all the time, for free. Why? But first: It’s been 160 days since President Donald Trump announced his steel and aluminum tariffs, kicking off the trade war. As White House chief economic adviser Larry Kudlow told us last week, the effect on real gross domestic product has been minimal. That’s true, but it doesn’t mean people aren’t feeling the effects — and the longer the trade war goes on, the more pain people are gonna feel. We’ll look at the micro and the macro today. Plus: Elon Musk’s tweet yesterday about taking Tesla private was a big deal, but until he shows us the money, it’s only theoretical. We’ll talk about the implications (and the legality) of the announcement. 

Music from the episode

WKNDS The Stationary Set
Dig This Hocus Pocus
Hey There Delilah Plain White T's