The Dow Hits 40k For First Time Ever & Walmart Is the King of Retail
Morning Brew Daily17 Touko 2024

The Dow Hits 40k For First Time Ever & Walmart Is the King of Retail

Episode 325: Neal and Toby recap the latest Supreme Court decision to spurn an attempt to take down the Consumer Financial Protection Bureau. Then, the Dow Jones Average hits a new milestone signaling Wall Street’s unyielding confidence in the market. Plus, the United Auto Workers union continues its campaign in Alabama where it’s looking to unionize Mercedes-Benz workers. Next, TWO stocks of the week: Walmart remains king of retail and Chubb has the Buffett stamp of approval. Meanwhile, two brothers were arrested for stealing $25M in crypto at lightning fast speed. Lastly, a humble taco stand in Mexico receives a Michelin star. Visit https://www.sage.com/morningbrew for more! 00:00 - Uber CEO interview now! 2:00 - Supreme Court rules in favor of CFPB 5:50 - Dow Jones milestone 10:00 - UAW takes on Mercedes-Benz 13:50 - Stocks of the week: Walmart and Chubb 19:20 - Crypto hackers caught 22:00 - Michelin starred taco stand Get your Morning Brew Daily Mug HERE: https://shop.morningbrew.com/products/morning-brew-daily-mug?utm_medium=youtube&utm_source=mbd&utm_campaign=mug Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow Learn more about your ad choices. Visit megaphone.fm/adchoices

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Fed Raises Rates for the First Time in 3yrs & What Happened to Ed Sheeran’s Tour

Fed Raises Rates for the First Time in 3yrs & What Happened to Ed Sheeran’s Tour

#935: The Fed raises rates for the first time in 3 years to fight inflation. Household incomes have reached a new high and poverty hits a new low, even as Americans are feeling the affordability pinch...

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Canada Wants to Link Up with the EU & America Reveals its Space Weapon

Canada Wants to Link Up with the EU & America Reveals its Space Weapon

#934: Canadian PM Mark Carney seeks a special relationship with the EU as it shuns the US, according to reports. Despite numerous proposals, Congress can’t agree on any substantial AI regulation. The ...

16 Syys 34min

EPA Lifts Emissions Limits on Power Plants & Hyrox Finds Itself in a Stinky Situation

EPA Lifts Emissions Limits on Power Plants & Hyrox Finds Itself in a Stinky Situation

#933: The EPA removes a rule that limits planet-warming greenhouse gas emissions by power plants. AI stocks are feeling the effects of leaders uniting and calling for the slowdown of AI progress. Ten-...

15 Syys 31min

AI Leaders Agree to Slow Things Down & Tesla Makes a Surprising Comeback

AI Leaders Agree to Slow Things Down & Tesla Makes a Surprising Comeback

#932: Anthropic’s Dario Amodei and OpenAI’s Sam Altman agree on the need to slow AI’s development. Drone attacks in the Middle East caused Saudi Arabia to shut down the East-West oil pipeline. Tesla r...

14 Syys 29min

Will AI Actually Kill Us All? & It’s True–Online Returns Are Getting Harder

Will AI Actually Kill Us All? & It’s True–Online Returns Are Getting Harder

#931: Anthropic researchers believe AI has a real chance of “killing all humans,” and the world is (deservedly) freaking out. Oil prices surge past $100 a barrel and it’s shaking the bond markets. Com...

11 Syys 32min

Apple Reveals $2K Foldable iPhone & NFL Australia Game Decided by Sleep?

Apple Reveals $2K Foldable iPhone & NFL Australia Game Decided by Sleep?

#930: Apple unveils its foldable iPhone for the hefty price of $1,999. Meta launches its own AI assistant that can interact with other apps and even make payments for you. The NFL is back and their as...

10 Syys 32min

Did OpenAI Cheat to Solve a 90-Year-Old Math Problem? & Teens’ Test Scores Are Plummeting

Did OpenAI Cheat to Solve a 90-Year-Old Math Problem? & Teens’ Test Scores Are Plummeting

#929: OpenAI touts its model was able to solve a really hard math problem, but some are checking its work and raised some serious doubts. President Trump threatens to ban sales of Canadian jet maker B...

9 Syys 32min

Women Are Winning the Job Market & UN Overhauls the World Map

Women Are Winning the Job Market & UN Overhauls the World Map

#928: Women and Americans without college degrees are powering the job market. Diesel prices hit a record high, raising supply costs. The UN votes to adopt a new map that accurately depicts the size o...

8 Syys 31min

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