Warning Labels for Social Apps? & IRS Closes $50B Loophole
Morning Brew Daily18 Juni 2024

Warning Labels for Social Apps? & IRS Closes $50B Loophole

Episode 346: Neal and Toby unpack US Surgeon General Dr. Vivek Murthy’s call for a warning label on social media apps before teens log on. Then, wealthy taxpayers have been exploiting a loophole and the IRS is fed up. Next, Wells Fargo’s partnership with Bilt Rewards has been a favorite among cardholders… Except it’s costing the bank millions of dollars. Plus, print magazines aren’t quite dead yet. Toby explains why he sees a thriving trend for high-end niche print magazines. Meanwhile, McDonald’s pulls back its AI-powered drive-thrus in over 100 stores due to its (quite comical) technical flaws. Lastly, customer satisfaction across 13 sectors are getting worse and worse. Have we lost the importance of customer service? Download the Yahoo Finance App (on the Play and App store) for real-time alerts on news and insights tailored to your portfolio and stock watchlists. 00:00 - Last time the Celtics won… 2:15 - Social media warning labels 7:15 - IRS closing big tax loophole 10:15 - Wells Fargo regretting Bilt card? 15:00 - Toby’s Trends: print magazines 18:30 - McDonald’s AI drive-thru flop 22:30 - Customer service is a lost art 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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AI Code Breaks Amazon From Inside & This Startup Wants to Abolish Night

AI Code Breaks Amazon From Inside & This Startup Wants to Abolish Night

Episode 797: Neal and Toby chat about Amazon calling an internal meeting to address a string of AI coding errors. Is this doing more harm than good? Then, Oracle reports another strong quarter but inv...

11 Mars 27min

Anthropic’s White House Feud Heats Up & Dirty Sodas Take Over America

Anthropic’s White House Feud Heats Up & Dirty Sodas Take Over America

Episode 796: Neal and Toby dive into the drama intensifying between Anthropic and the White House as the AI company sues the Trump administration after calling Anthropic a ‘supply chain risk.’ Then, w...

10 Mars 28min

Oil Prices Soar Past $100 & Workers Are Flocking to ‘AI Man Camps’

Oil Prices Soar Past $100 & Workers Are Flocking to ‘AI Man Camps’

Episode 795: Neal and Toby talk about the oil price crisis deepening as more Gulf producers slow their output. Then, the Feb jobs report showed a widespread and unexpected downturn in the labor market...

9 Mars 27min

America is Going Founder Mode & Can Robinhood’s Platinum Card Take Down Amex?

America is Going Founder Mode & Can Robinhood’s Platinum Card Take Down Amex?

Episode 794: Neal and Kyle chat about the booming business of entrepreneurship that has swept across the US as workers are finding themselves vulnerable to AI-caused layoffs. Plus, a preview of the jo...

6 Mars 27min

Big Tech Picks Up Data Center Bills? & Apple Intros Low-Cost Laptop

Big Tech Picks Up Data Center Bills? & Apple Intros Low-Cost Laptop

Episode 793: Neal and Toby dive into the Big Tech’s pledge to foot the bill of their own power plants to power their AI aspirations, but will it actually work? Then, Apple debuts a new low-cost laptop...

5 Mars 29min

$350K to Flee the Middle East? & Target Has a Plan to Win You Back

$350K to Flee the Middle East? & Target Has a Plan to Win You Back

Episode 792: Neal and Toby chat about the fallout from the war in the Middle East, with spiking gas prices, luxury stocks slumping, and travelers finding all types of ways to escape the war zone. Then...

4 Mars 29min

Iran War Sparks Market Mayhem & Will Live Nation Be Broken Up?

Iran War Sparks Market Mayhem & Will Live Nation Be Broken Up?

Episode 791: Neal and Toby give an update on the Iran war and its impact on the stock market, causing traders to move with caution. Then, ticket seller giant Live Nation goes on trial to face accusati...

3 Mars 29min

Anthropic Blacklisted By US Government? & US-Iran War Disrupts Gulf Travel

Anthropic Blacklisted By US Government? & US-Iran War Disrupts Gulf Travel

Episode 790: Neal and Toby talk about the US-Iran conflict that’s erupted and the shake up across the global economy. Then, OpenAI reaches an AI agreement with the Defense Department after Anthropic r...

2 Mars 29min

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