Inflation Cools More Than Expected & 'Pokémon GO' Heads to Saudi Arabia

Episode 394: Neal and Toby preview the annual economist meeting set to take place in Jackson Hole this weekend while everyone is waiting on Fed Chair Jerome Powell to paint a clearer picture of rate cuts. Then, SpaceX is set to launch its most ambitious mission yet: a spacewalk by a privatized civilian crew. Next, Peloton has seemed to shift gears and reports positive earnings that could save the company. Meanwhile, Sonos is struggling to save its reputation with a debacle app update that has soured many of its loyal customers. Also, the National Women’s Soccer League is doing away with its draft, the first of its kind to do so in the US. Lastly, Chick-Fil-A wants to fry up some original content with plans of its own streaming service.  Visit https://www.massmutual.com/ for all your financial planning needs 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 - Intro 02:40 - Previewing Jerome Powell's Speech  07:45 - SpaceX Mission 12:00 - NWSL Kicks the Draft 17:40 - Stock of the week: Peloton 21:45 - Dog of the week: Sonos 24:30 - Chick-Fil-A Streaming Service  Learn more about your ad choices. Visit megaphone.fm/adchoices

23 Aug 202429min

Episode 393: Neal and Toby discuss the Bureau of Labor Statistics’ anticipated revision which removed 800,000 jobs from last year’s jobs report. The largest in the last 15 years. Then, the FTC’s plan to ban noncompete agreements in the US has run into a roadblock as a federal judge says, not so fast. Next, Ford once pledged to make big investments in all-electric vehicles but has since reversed course as it scraps its latest EV model plans. Plus, Neal shares his favorite numbers from big banks’ bad deal with Elon Musk, the rise of ‘boommates’, and the super long wait time for US visas. Meanwhile, Starbucks is using its secret weapon that might be able to save slumping sales: the Pumpkin Spice Latte, betch.  Visit https://www.massmutual.com/ for all your financial planning needs 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 - Misleading movie reviews 03:00 - Jobs Report Revision  07:50 - Blocked FTC Noncompete Ban 12:10 - Ford EV Spending  17:30 - 'X' Financing Troubles 19:45 - World Cup Visas 21:50 - Boomer Roommates 24:00 - PSL Coming Back Learn more about your ad choices. Visit megaphone.fm/adchoices

22 Aug 202429min

Episode 392: Neal and Toby examine the struggling housing market which is reflected in the latest earnings report by Lowe’s and Home Depot. Then, a roundup of the biggest headlines: What happened to Mike Lynch and the yacht? Disney walks back on its attempt to block the wrongful death suit against them. Alex Cooper gets a big paycheck for leaving Spotify and joining SiriusXM. Meanwhile, gold bars are now worth a million dollars for the first time ever. Next, fewer teens are choosing not to drive which means they’re skipping out on all the car-related expenses. Lastly, a popular video game series for millennials is making a comeback.  Visit https://www.massmutual.com/ for all your financial planning needs 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 - Intro 02:30 - Lowe's struggling 06:00 - Sunken super yacht 08:00 - Disney Lawsuit 10:00 - Alex Cooper Podcast Deal 14:30 - Gold prices skyrocketing 18:00 - Teens aren't driving 22:20 - Backyard sports is back Learn more about your ad choices. Visit megaphone.fm/adchoices

21 Aug 202427min

Episode 391: Neal and Toby chat about popular design app Procreate stance made against generative AI, led by its CEO. Then, 7-Eleven parent company is offered a buyout by Canadian company Circle K, which could change the face of convenience stores across America and Asia. Next, a labor dispute might bring Canada’s rail network to screeching stop, potentially costing billions of dollars to North America’s supply chain. Meanwhile, the hot startup boom of 2021 is starting to come crashing down as more and more startups are flaming out. Also, Toby looks at the latest trend of wedding invites made by text message. Lastly, a mayoral candidate in Wyoming’s capital city is promising to use AI to make official decisions.  Visit https://www.massmutual.com/ for help with your financial planning 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 - Missing Tech Mogul  02:00 - CEO against AI 07:40 - 7-Eleven Buyout? 11:30 - Potential Canadian Rail Strike  16:30 - Startups are struggling  21:10 - Text Wedding Invites 23:20 - AI Wyoming Mayor  Learn more about your ad choices. Visit megaphone.fm/adchoices

20 Aug 202428min

Episode 390: Neal and Toby discuss the massive change to the real estate industry that shifts the dynamics of buyers and sellers. Then, both Harris and Trump campaigns are promoting their economic plans that are set to change the landscape of businesses across the country. Next, Mpox is on the rise which has the world growing concerns… Except for Danish pharmaceutical companies. Also, Epic Games is returning to iOS… But only in the EU. What happened in the ugly battle between the game company and Apple? Meanwhile, the big winners of the weekend: Northeastern University and *NSYNC. Lastly, the news happening this week to get your Monday started off right. 00:00 - Back to school 2:00 - Big change to Real Estate 7:10 - Presidential economic plans 11:30 - Mpox on the rise 15:00 - Epic Games in the EU 18:30 - Weekend winners: Northeastern & *NSYNC 24:30 - Week ahead 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 Learn more about your ad choices. Visit megaphone.fm/adchoices

19 Aug 202429min

Episode 389: Neal and Kyle discuss Biden’s historic Medicare negotiating power that is set to discount many drugs for Americans, an estimated cost savings of $6B. Then, Walmart reports their earnings and it looks like the retail king keeps their crown as sales hit a near all-time high. Next, Musk releases a new version of his image generator, Grok, which doesn’t care too much about the rules most AI tools should abide by. Meanwhile, the FTC finalizes a ban on fake reviews that companies use to coax customers. Plus, newly minted Starbucks CEO Brian Niccol gets a hefty pay package, dubbing him the ‘LeBron James’ of restaurants. Lastly, Steve Ballmer’s $2B Inuit Dome, home of the LA Clippers, is set to open with a performance by Bruno Mars.  Checkout https://beehiiv.link/morning-brew-daily and get a 30 day free trial and also 20% off 3 months with code BREW  00:00 - Emergency Subway meeting 3:30 - Medicare savings 8:10 - Walmart keeps its crown 12:00 - Grok is running amok 16:12 - FTC wants no fakes 20:00 - Starbucks Big Bucks 23:30 - Inuit Dome is here 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 Learn more about your ad choices. Visit megaphone.fm/adchoices

16 Aug 202431min

Episode 388: Neal and Kyle review the latest inflation report which shows a promising downward trend that could seal the deal for a Fed rate cut. Then, US courts ruled Google is a monopoly and wants it to either open its data to its rivals, or break up the company. Next, a man is trying to sue Disney after his wife had a fatal allergic reaction at Disney World, but the company says he can’t because of his Disney+ account. Also, Neal shares his favorite numbers this week on the Mars $36B mega deal, online sports betting, and mini farm animals. Lastly, Millennials are actually wealthier than ever thanks to skyrocketing home values.  Checkout https://beehiiv.link/morning-brew-daily and get a 30 day free trial and also 20% off 3 months with code BREW  00:00 - Google remote 3:00 - Inflation easing up 7:30 - Is Google a monopoly? 12:50 - disney 17:00 - Mars mega merger 18:50 - Sports betting not good? 21:00 - Mini goats are on the rise 23:20 - Millennial wealth doing well 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 Learn more about your ad choices. Visit megaphone.fm/adchoices

15 Aug 202429min

Episode 387: Neal and Toby chat about the big executive change between two powerhouse companies with Starbucks stealing Chipotle’s CEO. Can the new guy turn the coffee shop around? Then, a wind turbine blade falls and washes up ashore in Nantucket that sets the wind energy business in a tailspin. Next, Indonesia is nearing its costly relocation of its capital, but not without many challenges along the way. Also, job hunters are using AI to find jobs but are running into a big problem…AI. Meanwhile, food brands are looking for partnerships that are way outside their comfort zone, hoping consumers are as adventurous as they are. Lastly, a retro resurgence of cassette tapes powered by Gen Z.  Checkout https://beehiiv.link/morning-brew-daily and get a 30 day free trial and also 20% off 3 months with code BREW  00:00 - Most Shazam’d song in a day 2:30 - Starbucks poaches Chipotle CEO 7:00 - Nantucket wind woes 10:50 - Indonesia’s new capital 17:10 - AI resumes flood the job market 21:10 - Wild food mashups 25:20 - Cassette tape comeback 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 Learn more about your ad choices. Visit megaphone.fm/adchoices

14 Aug 202430min