Nick and Jack

They dropped prices to crush foreign competition, and as a result, all America's mines shut down. So today, China's government actually controls all of their mines, knowing how critical these rare earth metals are for geopolitics. So we're hitting China with broad tariffs across all industries, which hurt all of China's exports.

They dropped prices to crush foreign competition, and as a result, all America's mines shut down. So today, China's government actually controls all of their mines, knowing how critical these rare earth metals are for geopolitics. So we're hitting China with broad tariffs across all industries, which hurt all of China's exports.

They dropped prices to crush foreign competition, and as a result, all America's mines shut down. So today, China's government actually controls all of their mines, knowing how critical these rare earth metals are for geopolitics. So we're hitting China with broad tariffs across all industries, which hurt all of China's exports.

But China is now wielding their rare earth metals like a sharp, lethal acupuncture needle. Basically, they found our pressure point. Rare earth metals are a tiny percent of the trade between the United States and China. But this one tiny needle can either help us or harm us big time. And now, besties, there is hope here. If we're smart, we will do two specific things.

But China is now wielding their rare earth metals like a sharp, lethal acupuncture needle. Basically, they found our pressure point. Rare earth metals are a tiny percent of the trade between the United States and China. But this one tiny needle can either help us or harm us big time. And now, besties, there is hope here. If we're smart, we will do two specific things.

But China is now wielding their rare earth metals like a sharp, lethal acupuncture needle. Basically, they found our pressure point. Rare earth metals are a tiny percent of the trade between the United States and China. But this one tiny needle can either help us or harm us big time. And now, besties, there is hope here. If we're smart, we will do two specific things.

We got to cut a deal with China so that our factories don't run out of rare earth metals. Now we got to cut regulations on rare earth metal mining so we aren't dependent on China in the future for these metals. Because China's needle looks a lot scarier than America's bazooka right now.

We got to cut a deal with China so that our factories don't run out of rare earth metals. Now we got to cut regulations on rare earth metal mining so we aren't dependent on China in the future for these metals. Because China's needle looks a lot scarier than America's bazooka right now.

We got to cut a deal with China so that our factories don't run out of rare earth metals. Now we got to cut regulations on rare earth metal mining so we aren't dependent on China in the future for these metals. Because China's needle looks a lot scarier than America's bazooka right now.

For our third and final story, the hot new job trend right now, it's working for your parents. Millennials are joining the family business in record numbers with plans to take over when mom and dad retire. And we've got a term for it. We call them nepopreneurs. But Jack, why don't we kick things off with the hero stat? What are we looking at here?

For our third and final story, the hot new job trend right now, it's working for your parents. Millennials are joining the family business in record numbers with plans to take over when mom and dad retire. And we've got a term for it. We call them nepopreneurs. But Jack, why don't we kick things off with the hero stat? What are we looking at here?

For our third and final story, the hot new job trend right now, it's working for your parents. Millennials are joining the family business in record numbers with plans to take over when mom and dad retire. And we've got a term for it. We call them nepopreneurs. But Jack, why don't we kick things off with the hero stat? What are we looking at here?

The share of small businesses that employ a child of the owner has doubled since 2018. Let's sprinkle on a little more context, man. It's still a tiny proportion of all businesses, but the number of those cases where the owner's child is working for the company has doubled in seven years.

The share of small businesses that employ a child of the owner has doubled since 2018. Let's sprinkle on a little more context, man. It's still a tiny proportion of all businesses, but the number of those cases where the owner's child is working for the company has doubled in seven years.

The share of small businesses that employ a child of the owner has doubled since 2018. Let's sprinkle on a little more context, man. It's still a tiny proportion of all businesses, but the number of those cases where the owner's child is working for the company has doubled in seven years.

In fact, in just the last year, the number of in-house legacy hires, the politically correct term for working for your parents- Is up 13%. Not too shabby, man. Basically, parents have gone from telling their kids, you can be anything you want to be when you grow up. Astronaut! To telling their kids, you should work for the family business. HVAC specialist!

In fact, in just the last year, the number of in-house legacy hires, the politically correct term for working for your parents- Is up 13%. Not too shabby, man. Basically, parents have gone from telling their kids, you can be anything you want to be when you grow up. Astronaut! To telling their kids, you should work for the family business. HVAC specialist!

In fact, in just the last year, the number of in-house legacy hires, the politically correct term for working for your parents- Is up 13%. Not too shabby, man. Basically, parents have gone from telling their kids, you can be anything you want to be when you grow up. Astronaut! To telling their kids, you should work for the family business. HVAC specialist!

Now, some kids are working for their dad's boring business. Yeah, they're doing plumbing, they're doing farming, they're working the laundromats. That's what they're doing. Others are working for their mom's white-collar business. Consulting, hedge funds, cybersecurity, all that good stuff. Saxon from the White Lotus? Yeah. He is one data point of this bigger trend.

Now, some kids are working for their dad's boring business. Yeah, they're doing plumbing, they're doing farming, they're working the laundromats. That's what they're doing. Others are working for their mom's white-collar business. Consulting, hedge funds, cybersecurity, all that good stuff. Saxon from the White Lotus? Yeah. He is one data point of this bigger trend.