Slate Money8 Nov 2025

Meta’s Instascam Ads

This week: Trump’s team has argued to the Supreme Court that his tariffs weren’t about raising revenue, despite his many previous claims to the contrary. Felix Salmon, Elizabeth Spiers, Emily Peck, and guest Jeff Horwitz of Reuters, discuss whether this argument will hold against the law that says only Congress has the right to raise revenue via tariffs and taxes, or if the Supreme Court will agree with the many lower courts that have deemed these tariffs illegal. Then, Jeff breaks down his deep dive into the documents that not only reveal that Meta platforms are rife with fraudulent ads they have failed to block, but also how the company is ultimately profiting from the proliferation of these scams. And finally, the ultimate ode to billionaire whimsy looks to be over before it can begin. The hosts and Jeff discuss the many reasons Mohammed bin Salman’s outlandish plans for a megacity in the desert have failed to be realized.

In the Slate Plus episode: Happy Ham Season to all!

Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen.

Podcast production by Jessamine Molli and Cheyna Roth.

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