How Spotify did an IPO on its own terms
Here's an open secret: IPOs, Initial Public Offerings, aren't actually public. Insider investors buy all the shares the night before. Spotify tried to change that.
Business
Flight delays and poor customer service are at unacceptable levels, Buttigieg says
With millions of Americans preparing to fly over the upcoming Labor Day holiday weekend, Transportation Secretary Pete Buttigieg is urging airlines to step up their game so travelers aren't stranded.
Moviepass is back after its bankruptcy. The CEO says this time will be different
NPR's Leila Fadel speaks with MoviePass co-founder and CEO Stacy Spikes about the return of the service after its bankruptcy in 2020.
News brief: Wyoming economic summit, student debt equity, nuclear plant at risk
The Fed chair speaks in Jackson Hole, Wyo. President Biden's student loan plan is designed to help low-income borrowers. Conditions deteriorate at a Ukrainian nuclear plant under Russian control.
A rare, first-of-its kind Chicago license plate is up for auction
Before Illinois took over the issuing of license plates, Chicago made plates from thin, stamped aluminum. Of those, the first-ever made is expected to sell for upwards of $4,000.
'Planet Money': Will the Inflation Reduction Act really fight inflation?
The Inflation Reduction Act includes a number of provisions to tackle climate change and health care costs. But whether it really fights inflation is less clear.
Fed chief Jerome Powell is under pressure to curb inflation
Federal Reserve chairman Jerome Powell speaks Friday morning in Jackson Hole, Wyoming. Powell hopes to curb inflation without pushing the economy into recession.
Retailers say shoppers are making fewer purchases but inflation means they pay more
The latest report cards from top U.S. retailers show shoppers are making fewer purchases and fewer trips to stores. But when they check out, they tend to spend more because things cost more.
By 2035, you won't be able to buy a new gas-powered car in California
California officials have approved a plan to phase out new gasoline-powered cars by 2035. The state is the country's largest auto market and could set e standard for other states to follow.
A man is awarded a $4.4 million settlement after being racially profiled in Walmart
In a lawsuit filed against the company, Michael Mangum says he was followed around a Walmart in Wood Village, Ore., by one of the store's asset protection associates.