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The Journal. • The Wall Street Journal

The most important stories about money, business and power. Hosted by Kate Linebaugh and Ryan Knutson, with Jessica Mendoza. The Journal is a co-production of Spotify and The Wall Street Journal. Get show merch here: https://wsjshop.com/collections/clothing

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The Journal. • The Wall Street Journal

Episodes

  • Why Women Are Leaving Goldman Sachs

    In this episode of The Journal., the lack of progress in advancing women to senior executive roles at Goldman Sachs is examined. Despite CEO David Solomon's commitment to gender diversity, few women are seen at the helm of major divisions or in contention for the top leadership position. This stagnation contrasts with Wall Street rival firms where female executives are more frequently present in significant leadership roles.

    The blurb explores the challenges women partners face in their professional growth at Goldman Sachs, such as male executives being hired above them, limiting their access to key decision-makers. The discussion also touches on the firm's perceived unsupportive culture for women's advancement, highlighted by comments from senior male executives and legal settlements related to discrimination.

    Mar 19, 2024

  • How Two Binance Employees Ended Up Detained in Nigeria

    In this episode, the role of cryptocurrency in Nigeria's economic landscape is explored. The summary delves into the nation's status as a leading adopter of digital currencies, fueled by instability in the naira's value and soaring inflation rates. It examines the Nigerian government's stance on Binance's influence over the naira's market rate, leading to the detainment of two Binance employees.

    The episode offers insights into the negotiations between Binance and Nigerian authorities regarding the naira's devaluation. It highlights the ongoing efforts to secure the release of the detained employees, including appeals to international governments and potential fines faced by Binance amid commitments to legal compliance.

    Mar 18, 2024

  • How a Psychiatrist Lost $400,000 on Gambling Apps

    In this episode of The Journal, psychiatrist Kavita Fischer shares her personal experience with online gambling addiction, highlighting the ease of access and alluring promotions offered by gambling apps like DraftKings. Her story of descending into compulsive behavior resonates with others at Gamblers Anonymous meetings, underscoring gambling addiction's widespread impact across demographics.

    The episode also delves into the online gambling industry's questionable practices and lack of safeguards for vulnerable individuals. Fischer's interactions with her VIP host reveal concerning contradictions, raising questions about accountability and whether companies prioritize responsible gambling. This candid account not only reveals the addictive nature of online gambling but also prompts deeper reflection on the industry's role in enabling and addressing compulsive behavior.

    Mar 15, 2024

  • The Cyberattack That’s Roiling Healthcare

    The recent ransomware attack on Change Healthcare, a major player in the US healthcare system, has brought the power and threat posed by cybercriminal groups like Alpha into sharp focus. In this episode of The Journal, the far-reaching impacts of the breach are explored, revealing how it directly affected providers' ability to file insurance claims and process payments, resulting in severe operational and financial disruptions nationwide.

    The incident sheds light on the vulnerability of essential services and critical infrastructure to cyberattacks. It exemplifies how a single strike can cause widespread disturbance and the evolving battle between cybercriminals deploying sophisticated tactics and defenders striving to counteract these threats effectively.

    Mar 14, 2024

  • House Passes Bill to Ban TikTok

    As the contentious debate surrounding TikTok's presence in the U.S. intensifies, this episode explores the House of Representatives' bipartisan move to ban the popular social media app. It delves into the concerns over potential data privacy risks and propaganda-spreading posed by TikTok's Chinese parent company, ByteDance.

    The blurb also discusses the uncertain fate of the bill in the Senate, touching on the opposition rooted in free speech implications and previous failed legislative efforts to restrict TikTok. The summary examines the potential implications for the app should the ban become law, including the possibility of halting its U.S. operations – an outcome that has drawn criticism, notably from former President Trump.

    Mar 13, 2024