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Why the Stock Market Just Keeps Going Up

The Daily

10/20/25

30m

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Tariffs are at their highest rate in nearly a century, and the labor market is weakening. These are volatile times for the U.S. economy — but the stock market keeps going up.

Joe Rennison, a reporter covering financial markets for The New York Times, explains what is going on.

Guest: Joe Rennison, a financial reporter for The New York Times.

Background reading:

Photo: Jeenah Moon/Reuters

For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.

Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.

Previous Episode

On Friday, “Springsteen: Deliver Me From Nowhere” will be released in theaters. Rather than chronicling Bruce’s entire life, the film focuses on the making of his stripped-down 1982 album “Nebraska” and on his concurrent mental health struggles.

This movie is the latest in a long history of musician biopics featuring stars like Bob Dylan, Loretta Lynn, Eminem and Elvis Presley. Hollywood clearly loves telling the stories of influential artists.

In this episode, Gilbert Cruz chats with Lindsay Zoladz, a pop music critic for The Times, and Joe Coscarelli, a Times culture reporter, about the tropes of the genre and their favorite films that break the mold.

On Today’s Episode:

Lindsay Zoladz, a pop music critic at The Times and the writer of The Amplifier newsletter.

Joe Coscarelli, a culture reporter at The Times and co-host of “Popcast.

Additional Reading:

The Boss Finally Gets a Biopic, Just Not the One We Expected

He’s Ringo. And Nobody Else Is.

Why Music Movies Stink: ‘Back to Black’ + ‘The Idea of You’ Reactions

Joe Coscarelli’s “Bobby + Joanie” playlist

Photo: 20th Century Studios

For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.

Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.


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Next Episode

During his second term, President Trump has upended 60 years of civil rights, largely under the guise of attacking diversity, equity and inclusion.

Nikole Hannah-Jones, who covers racial injustice and civil rights for The New York Times Magazine, discusses the end of an era, and the growing fears of what a post-civil rights government will mean for Black Americans.

Guest: Nikole Hannah-Jones, a domestic correspondent for The New York Times Magazine covering racial injustice and civil rights.

Background reading:

Photo: Doug Mills/The New York Times

For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.

Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.

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