On this week's Rich Takes — the quick-hit current events segment from the Rich Lessons Podcast — Sheena and Sevetri break down the biggest stories you need to know about right now.

First up: the Supreme Court ruled Trump's tariffs illegal, but before the ink dried, he doubled down with a 50% global tariff. The hosts debate whether corporations should be suing for billions when they already passed those costs onto consumers, and what this all means heading into the midterms.

Then the ladies weigh in on the Susan Rice and Netflix controversy — should she step down from the board to protect Netflix's bid to acquire Warner Brothers before it falls into pro-Trump hands? The answer might surprise you.

Plus, a massive shoutout to The Perfect Neighbor, the Netflix documentary nominated for an Oscar this year, and the team celebrates Sinners earning the most Oscar nominations of the year. But first, they can't avoid addressing the racial slur Tourette's incident at a recent awards show and what accountability should look like even when something is uncontrolled.

Wrapping up with prayers for everyone stuck in Mexico amid the violent cartel retaliation following the killing of a cartel leader.

Topics covered in this episode:

• Trump tariffs Supreme Court ruling 2025
• Trump 50% global tariff response
• Susan Rice Netflix board controversy
• Netflix Warner Brothers acquisition
• Paramount Trump connection
• The Perfect Neighbor Netflix Oscar nomination
• Sinners Ryan Coogler Oscar nominations 2025
• Tourette's racial slur awards show Michael B. Jordan
• Mexico cartel violence travel warning

New Rich Takes drops weekly. Subscribe, leave a review, and follow @richlessionspodcast for more.

Is AI actually changing the world, or are we living in a hype bubble? This week on Rich Takes, Sheena and Sevetri are breaking down the headlines that have everyone talking.

First, they dive deep into the AI debate that's taken over the internet from the viral article (“Something Big Is Happening” by Matt Shumer) comparing AI's impact to COVID, to the growing backlash from tech insiders calling it overblown. Plus, the dark side of AI no one wants to address: deepfakes, AI-generated personas fooling major blogs, and why regulation can't come fast enough.

Then, the Essence Festival crisis hits different. With $1.5 million in debt to the New Orleans Convention Center and vendors, is this the beginning of the end for the most iconic Black cultural event in America? Sheena and Sevetri unpack the ego, the misaligned strategy, and what it would actually take to save it.

And finally, why is anyone criticizing McKenzie Scott for giving away her money? They're setting the record straight on unrestricted grants, HBCU funding gaps, and the double standard nobody wants to call out.

No fluff. No filters. Just Rich Takes.

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We're on a brief hiatus from our full-length, guest episodes, but we couldn’t stay quiet with everything happening in business, tech, and culture. In this Hot Takes edition, we break down the biggest headlines of the week — from our Super Bowl recap to the inside story on Khaby Lame’s reported $900M deal, MrBeast acquiring a new company, and what the tech bros are obsessing over in AI right now.

It’s sharp, unfiltered, and real-time commentary on the moves shaping money, media, and power.

We may be on hiatus, but the conversations don’t stop.

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