Facebook’s crypto vs. the Fed, Lululemon’s 20K-sq-foot mega-store, and why healthcare stocks jumped big

The Best One Yet

Nick & Jack Studios

Business News, Tech, News, Finance, Business, Pop Culture

4.6 • 9.8K Ratings

🗓️ 12 July 2019

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

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Summary

Fed Chairman Jerry Powell was visiting Congress — So he shared his thoughts on Facebook’s planned cryptocurrency (that may have caused Bitcoin to drop). Lululemon whipped up a 20,000-square-foot mega-store/club/studio, a sweatlife store format it wants to take nationwide. And healthcare stocks jumped this week on multiple headlines, so we jump into the factors that drive the unique industry.Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Transcript

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0:00.0	This is Nick, this is Chad and this is Snacks Daily.
0:04.0	It is Friday to light 12.
0:05.6	T-B-O-Y the best one yet.
0:07.6	This is a really good Snacks.
0:08.6	Well, we got a lot of firsts this week.
0:10.0	The Dow is.
0:11.0	We got 27,000 for the first time, guys.
0:12.6	I love a nice round number.
0:14.0	But our three stories start with Fed Chairman Jerry Powell.
0:17.2	He just spoke to Congress all week about interest rates.
0:19.7	When he's not listening to Snacks Daily.
0:21.0	But we're curious what you thought about Facebook's new Libra Cryptocurrency.
0:25.2	Not a fan.
0:26.2	Not a fan.
0:27.5	No, he is not a fan.
0:28.7	The second story is Lulu Lemon.
0:30.3	It just opened its 20,000 square foot megastore in Chicago.
0:33.8	Is this a social club?
0:35.1	That's what they want you to think.
0:36.5	Or is it a gym locker room?
0:37.4	What is it?
0:38.0	It's like everything that's got a restaurant going on.
	...

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