What Warren Buffett Understood About Capitalism

A 90-second failure of Newark Airport’s air-traffic safety systems, which blacked out communication to planes carrying thousands of passengers, has exposed a new level of crisis in air travel.Kate Kelly, an investigative reporter for The New York Times, explains what the problems at one of the country’s biggest airports tell us about air-travel safety in the United States.Guest: Kate Kelly, an investigative reporter for The New York Times based in Washington, D.C.Background reading: How lost radar and silent radios upended Newark air travel.For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday. Photo: Dakota Santiago for The New York Times Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.

A few days ago, Warren Buffett, the most successful investor in history, said he would retire as C.E.O. of Berkshire Hathaway, the conglomerate that he built into a trillion-dollar colossus.Andrew Ross Sorkin, who has covered Mr. Buffett for many years, discusses the career of the man who both personified and critiqued American capitalism.Guest: Andrew Ross Sorkin, a columnist and the founder and editor-at-large of DealBook.Background reading: Warren Buffett said he plans to step down as head of Berkshire Hathaway.Here’s what Mr. Buffett’s exit means.For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday. Photo: Scott Morgan/Reuters Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.

When Taffy Brodesser-Akner became a writer, Mr. Lindenblatt, the father of one of her oldest friends, began asking to tell his story of survival during the Holocaust in one of the magazines or newspapers she wrote for. He took pride in telling his story, in making sure he fulfilled what he felt was the obligation of all Holocaust survivors, which was to remind the world what had happened to the Jews.His daughter Ilana knew it was a long shot but felt obligated to pass on the request — it was her father, after all. Taffy declined because after a life hearing about the Holocaust, she said, she was “all Holocausted out.”But, years later, when she learned of Mr. Lindenblatt’s imminent passing, Taffy asked herself what would become of stories like his if the generation of hers that was supposed to inherit them had taken the privilege that came with another generation’s survival and decided not to listen?So here it is, an old Jewish story about the Holocaust and a man who somehow survived the pernicious, organized and intentional genocide of the Jews. But right behind it, just two generations later, is another story, one about the children and grandchildren who have been so malformed by the stories that are their lineage that some of them made just as eager work of running from it, only to find themselves, same as anything you run from, having to deal with it anyway.  Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.

The poet and novelist on the real reason he became a writer.Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.

Jeanna Smialek, who covers the U.S. economy for The Times, will be 33 in a few weeks; she is part of a cohort born in 1990 and 1991 that makes up the peak of America’s population.At every life stage, that microgeneration has stretched a system that was often too small to accommodate it, leaving its members — so-called peak millennials — with outsize economic power but also a fight to get ahead.Guest: Jeanna Smialek, a U.S. economy correspondent for The New York Times.Background reading: When millennials gripe that they get blamed for everything, the accusers might actually be onto something.Millennials have the children, but boomers have the houses.For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday. Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.