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

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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Economists Scrap Recession Forecasts & Amazon's Grocery Store Overhaul

Economists Scrap Recession Forecasts & Amazon's Grocery Store Overhaul

Episode 117: Neal and Toby discuss Bank of America economists scrapping their recession forecast and what it could mean on a larger scale. The guys also get into why Amazon is overhauling their grocer...

3 Aug 202327min

US Debt Rating Gets Downgraded & How Uber Is Finally Making Money

US Debt Rating Gets Downgraded & How Uber Is Finally Making Money

Episode 116: Neal and Toby discuss Fitch downgrading the US debt rating from AAA to AA+, citing how close Congress was to defaulting on the debt ceiling as well as the insurrection. The guys also go t...

2 Aug 202328min

Biden's Plan for $0 Student Loan Payments & How A.I. is Shaping the Future of Warfare

Biden's Plan for $0 Student Loan Payments & How A.I. is Shaping the Future of Warfare

Episode 115: Neal and Toby discuss President Biden's new student loan plan that could cost borrowers... $0 a month? Plus, the first ever Nuclear reactor that was built from scratch and how it went $31...

1 Aug 202327min

Facebook's $20 Million Algorithm Study & Why Some Credit Card Companies Hate Marijuana

Facebook's $20 Million Algorithm Study & Why Some Credit Card Companies Hate Marijuana

Episode 114: Neal and Kyle discuss the research published over the weekend that says Facebook algorithms are not responsible for political polarization. which comes on the tails of Meta's strong earni...

31 Juli 202327min

July Set to be the Hottest Month Ever, Grimace Helps McDonald's Soar & What's a 'Lazy Girl Job'?

July Set to be the Hottest Month Ever, Grimace Helps McDonald's Soar & What's a 'Lazy Girl Job'?

Episode 113: Neal and Kyle explain why this July is set to be the hottest month in Earth's history and what the economic fallout is from the sky high temperatures. Plus, McDonald's Grimace campaign se...

28 Juli 202326min

Fed Hikes Interest Rates to 22-Year High & Automakers Unite To Build EV Charging Network

Fed Hikes Interest Rates to 22-Year High & Automakers Unite To Build EV Charging Network

Episode 112: Neal and Toby discuss the Federal Reserve's decision to approve a hike in interest rates to combat inflation that brought them to 5.25-5.5%, which is the highest in 22 years. The guys als...

27 Juli 202328min

Microsoft and Alphabet Ready to Spend Big on AI & Parents Dropping $4k on Sorority Consultants?

Microsoft and Alphabet Ready to Spend Big on AI & Parents Dropping $4k on Sorority Consultants?

Episode 111: Neal and Toby dive into the earnings reports from Microsoft and Alphabet and explain why big tech is ready to spend big on AI. Also, UPS Workers agree on a deal worth $30 billion to avoid...

26 Juli 202327min

Sam Altman Launches 'Worldcoin', Who College Admissions Are Snubbing & Neopets' New Era

Sam Altman Launches 'Worldcoin', Who College Admissions Are Snubbing & Neopets' New Era

Episode 110: Neal and Toby discuss Sam Altman's newest crypto project that requires users to verify their identity by scanning their eyeballs. Plus, the guys break down new research that shows why the...

25 Juli 202326min

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