Stock Market Surges After 'Aggressive' Fed Rate Cut & Costco Launches New Product…Housing?
Morning Brew Daily19 Syys 2024

Stock Market Surges After 'Aggressive' Fed Rate Cut & Costco Launches New Product…Housing?

Episode 413: Neal and Toby recap the Fed’s decision to make an aggressive cut by 50-basis points and how the stock market reacted. Then, a deadly attack in Beirut caused by exploding pagers has everyone wondering why these pagers are connected to Taiwan. Next, Snap launches their latest AR glasses that are built for developers. Meanwhile, Neal shares his favorite numbers from Norway EVs, Costco housing, and Real Madrid’s noisy stadium. Lastly, the once iconic Tupperware brand files for bankruptcy. Subscribe to Morning Brew Daily for more of the news you need to start your day, share the show with a friend, and leave us a review on your favorite podcast app. To learn more about how Wise could work for your business, visit https://wise.com/business Get your Morning Brew Daily T-Shirt HERE: https://shop.morningbrew.com/products/morning-brew-radio-t-shirt?_pos=1&_sid=6b0bc409d&_ss=r&variant=45353879044316 Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow 00:00 - Toy Hall of Fame 02:40 - The Fed cuts rates 08:10 - Pager explosion supply chain 12:45 - Snap AR Spectacles 17:45 - Norway EVs 20:00 - Costco housing 23:00 - Spain concert venue fail 26:00 - Tupperware bankruptcy Learn more about your ad choices. Visit megaphone.fm/adchoices

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Jaksot(941)

MIT Dethrones Princeton as America’s Top School & The Viral Debate Over Bringing Iced Coffee to Job Interviews

MIT Dethrones Princeton as America’s Top School & The Viral Debate Over Bringing Iced Coffee to Job Interviews

#939: Trump wants to rebrand AI as “super intelligence” on all US official documents. M.I.T. surpasses Princeton as the top college in the country. Peloton is launching new treadmill models as it lean...

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FAA Wants AI to Fix Flight Chaos & TV Networks Battle Trump’s Media Ban

FAA Wants AI to Fix Flight Chaos & TV Networks Battle Trump’s Media Ban

#938: The FAA will start using AI-powered tools for air traffic control. Paramount settles with a group of states that opens the door for the Warner Bros. merger. Networks suspend pool coverage after ...

22 Syys 31min

Hollywood’s Tech Founder Villain Era & Meta’s Muse Soars to Top of App Store

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#937: A searing Elon Musk documentary nears US release as Hollywood is increasingly putting out critical portrayals of today’s tech founders. California lawmakers vote to increase transparency over in...

21 Syys 29min

Would You Only Eat “Made in USA” Beef? & Being a Bridesmaid is Becoming Too Costly

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#936: As the Trump administration tries to alleviate beef prices by importing foreign meat, they’re considering slapping ‘Made in USA’ labels on products. Cybersecurity stocks get a jolt amid fears of...

18 Syys 31min

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

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#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...

17 Syys 34min

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

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#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

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