The Fed has raised interest rates by 0.75 percentage points for the fourth time in a row. This brings short-term borrowing rates to their highest level since 2008. The labor market is still strong with unemployment rate at a 50-year low. Elon Musk will speak with Pod Save America's John Favreau about what to expect in midterm elections and beyond.
Kara is joined by guest host Kai Ryssdal, Host and Senior Editor of Marketplace! They discuss the latest dispatches from Elon Musk’s Twitter, from layoffs to subscription plans. Also, Amazon’s new post-pandemic reality, and the Fed’s latest interest rate hike. Friend of Pivot Jon Favreau stops by to break down what’s to come in the midterms.
You can find Kai on Twitter at @kairyssdal, and Jon at @jonfavs.
If you want to get involved in the last days before the midterms, visit VoteSaveAmerica.com.
You can listen to Kara’s new show, On with Kara Swisher, here.
Send us your questions! Call 855-51-PIVOT or go to nymag.com/pivot.
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