Tess Vigeland
speaker
155 appearances
8 recordings
2 series
first heard Nov 2024
last heard 13 Apr
Tess Vigeland’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Apr 2026 with 1.
Appearances
We're going to talk about what they are, how they work, and how the election has raised their profile. Joining us is Sam Taub, the writer of the Nerdy Investor email newsletter. Sam, thanks for joining us again. Happy to be here.
All right, Sam. Honestly, this sounds a little bit like gambling, and some listeners might be surprised to hear that you are allowed to bet on elections. That's legal?
So it's vindication. What does Trump's victory mean for the regulation of these things? You mentioned that's an ongoing issue as well.
Just like when you walk into a casino in Vegas.
We should also mention that if you feel you have a gambling problem, there are resources available to help. The National Council on Problem Gambling offers a phone helpline at 1-800-GAMBLER. That's 800-426-2537. As well as text message help at 800-GAM. And also an online chat to help on its website.
Go ahead and subscribe to that. Up next, we've got a few money headlines from the last few days. Well, Ana, the Labor Department reported on the latest inflation figures, and hey, guess what happened? What? Not much. The Consumer Price Index ticked up two-tenths of a percent in October. Prices were up 2.6% over the same time a year ago. That was higher than the 2.4% rise in September.
So-called core inflation, which strips out volatile food and energy prices, stayed steady at 3.3%.
Yeah, the Fed's current campaign of lowering interest rates began in September with a half percentage point cut, then another quarter percentage point a couple of weeks ago. It will meet again in mid-December.
It's called click to cancel, and the FTC wants it to be as easy to exit those subscriptions and memberships as it is to sign up for them. Companies are no longer allowed to force you to contact a customer service agent in order to get this done, and they can't convert a free trial to a paid subscription without getting your say-so.
The Bureau also noted that some credit cards give users the option to block certain recurring payments. The click-to-cancel rule is supposed to go into effect about five months from now, so if you're desperate before then, there's a pro tip for you. And finally, Ana, it's time to get into the spirit of things. Not the holiday, but bankruptcy.
Yeah, the discount carrier announced it filed for Chapter 11 bankruptcy protection. This comes after a couple of failed attempts to merge with Frontier and JetBlue. The company was dealing with a debt burden of some $3.6 billion.
Second, the airline has not said anything about further cuts in routes after axing 30 last month.
If you have vouchers, though, those should continue to be honored. And that's it for this week's Money News. We always welcome your money questions and comments. Turn to the nerds and call or text us your questions at 901-730-6373. That's 901-730-NERD or send us a voice memo at podcast at nerdwallet.com.
And remember, you can follow the show on your favorite podcast app, including Spotify, Apple Podcasts, and iHeartRadio to automatically download new episodes.
And here's our brief disclaimer that Sam also read earlier. We are not financial or investment advisors. This nerdy info is provided for general educational and entertainment purposes and may not apply to your specific circumstances.
Welcome to NerdWallet's Smart Money Podcast. I'm Tess Vigeland in for Sean Piles.
And this is our weekly money news roundup, where we break down the latest in the world of finance to help you be smarter with your money. We'll go deep into a single topic, then leave you with the latest money headlines. But Anna, before we get started, I want listeners to know that we are not ignoring the elephant and donkey in the room today.
Yes. So we are indeed aware of a big news item in the headlines today. We're not ignoring it. We just didn't have all the information at the time of taping. I would imagine we'll talk about it on next week's episode. In the meantime, in case you missed it, we actually ran a four episode special series last month on how the presidential election could affect your finances.
So we'll put links to those episodes in today's show notes in case you're feeling anxious about the results and you can get an idea for what to expect or visit nerdwallet.com slash podcast and you can find the episodes near the top of the page. With that, today we're talking about influencers and the sometimes not so great advice they give.
Speaking of a big following, there are quite a few influencers who are so successful at what they do, they're able to go full time with that gig. A study published last year that was cited in a recent Wall Street Journal piece claims there are 27 million paid content creators in the U.S.
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