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Morning Brew Daily

Fed Holds Rates Steady & Disney Opening a Theme Park in Abu Dhabi

Morning Brew Daily

Morning Brew

News, Business, Business News

4.42.8K Ratings

🗓️ 8 May 2025

⏱️ 29 minutes

🧾️ Download transcript

Summary

Episode 578: Neal and Toby discuss the Fed making the decision to hold rates steady amidst an uncertain economy. Then Apple reportedly says goodbye to google to move AI to search and Disney announces a new theme park in Abu Dhabi. Then Neal shares his favorite numbers and headlines you need to know to start your day. 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. Listen to Morning Brew Daily Here: ⁠https://www.swap.fm/l/mbd-note ⁠ Watch Morning Brew Daily Here: ⁠https://www.youtube.com/@MorningBrewDailyShow⁠ 00:00 - Happy 5/8 Day 03:00 - Fed Holds Interest Rates Steady  06:35 - Apple Dropping Google in Safari  10:45 - Disney Heads to Abu Dhabi 16:20 - Neal’s Numbers  20:50 - Headlines All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. Cryptocurrency trading services are offered by Bakkt Crypto Solutions (NMLS ID 1890144), which is licensed to engage in virtual currency business activity by the NYSDFS. Cryptocurrency is highly speculative and involves a high degree of risk. Cryptocurrency holdings are not protected by the FDIC or SIPC. APY as of 3/18/25,  subject to change. *Terms and Conditions apply. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

If you're building your portfolio, don't do it alone. On public, you can build a multi-asset investment portfolio of stocks, options, bonds, crypto, you name it. And you can diversify while generating fixed income with public suite of yield accounts, like their high-y-yield cash account where you can earn an industry-leading 4.1% APY. Fund your account in five minutes or less and earn up to $10,000 when you transfer your

0:23.0

old investment portfolio. Head to public.com slash morning brew to get started. That's public.com

0:28.4

slash morning brew. Paid for by public investing, full disclosures and podcast description.

0:34.7

Good morning brew daily show. I'm Neil Fryman.

0:37.7

And I'm Toby Howell.

0:38.6

Today, pray for Disney adults after the company announced it was building a new theme park in a surprising location.

0:44.9

Then a single sentence uttered by an Apple exec, shaped $150 billion off of Google's market cap.

0:52.7

It's Thursday, May 8th.

0:54.3

Let's ride.

1:00.3

It is a very special day for me and everyone else who is 5'8.

1:04.8

May 8th, 58 is our height day.

1:08.4

So happy height day to all the just below average kings celebrating today,

1:13.0

including Zach Efron, Ed Sheeran, Eminem, Robert Downey Jr., and Tom Holland.

1:17.8

What a crew. Neal, I could have sworn, at least according to your dating profile,

1:21.9

that your height day isn't until tomorrow, though. Funny how that works., must be the shoes you're wearing today. Anyways,

1:29.3

my height day isn't for a while. Cannot wait for July 9th, everyone. And now a word from our

1:36.3

sponsor, Planet O'Neal, remember that game everyone would play in middle school where you'd plan

1:41.0

your life out, dream job, dream house, dream partner. Oh yeah. Though I was

1:45.2

very locked in on the dream house part. I wanted a skylight, obviously, a secret door behind a

1:50.2

bookcase and a fridge that never runs out of food. I had very elevated taste. Now the fridge part

1:55.5

is intriguing. Imagine opening the door and always seeing a gleaming carton of planted

2:00.2

oats sitting there.

...

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