Fed Holds Rates Steady & 'X' Worth $44B Again?

Morning Brew Daily

Morning Brew

News, Business, Business News

4.4 • 2.8K Ratings

🗓️ 20 March 2025

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

Episode 543: Neal and Toby recap the latest Fed meeting where Chair Jerome Powell is playing it safe and keeping rates steady. Then, Elon Musk’s X has made a dramatic turnaround bringing the platform back to its original valuation, which may coax advertisers back. Plus, Ben & Jerry’s is alleging its CEO was fired due to the brand’s political posts which was a violation of its merger agreement. Meanwhile, Neal shares his numbers on Volkswagen’s sausages, French bulldogs, and the first student manager NIL deal. Lastly, will there be a day AI helps someone pick a Perfect Bracket for March Madness? 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. Learn more at sophos.com Get your MBD mug here: https://shop.morningbrew.com/products/morning-brew-daily-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

Transcript

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0:00.0	Here's the truth about AI. AI is only as powerful as the platform it's built into. Service Now puts AI to work for people across your business, removing friction and frustration for your employees, supercharging productivity for your developers, providing intelligent tools for your service agents to make customers happier, all built into a single platform you can
0:22.0	use right now. That's why the world works with ServiceNow. Visit ServiceNow.com slash UK
0:28.5	slash AI for people. Good morning, Brew Daily Show. I'm Neil Fryman. And I'm Toby Howell. Today,
0:35.7	Ben and Jerry's is escalating its fight against its parent company, accusing Unilever
0:40.3	of removing its CEO.
0:41.3	Ben, the Fed didn't rock the boat at its meeting yesterday, keeping interest rates steady
0:46.3	as they go.
0:47.3	It's Thursday, March 20th.
0:49.3	Let's ride.
0:50.3	It is a great morning because we have made it to the best ride.
1:00.0	It is a great morning because we have made it to the best day of the year, the start of the first round of men's March madness.
1:02.8	Now, I'm sure many of you've beenmoed five of your friends $20 for a bracket challenge
1:07.0	without having watched a second of college basketball this year.
1:10.4	And that's perfectly
1:11.2	normal. But there are still a few hours remaining before the first game tips off. If you want to
1:16.1	create a more informed bracket, well, I've got a bracket science major sitting right next to me.
1:21.9	You're probably not surprised, but our dear Toby is a two-time March Madness bracket champion,
1:33.0	and he's literally spent hours this week pouring over strategies and stats to get an edge.
1:34.0	And he wants to help you.
1:35.5	So Toby, let's hear it.
1:38.1	What are some things to keep in mind when filling out a bracket?
1:40.7	Ooh, I hope I live up to that lofty billing.
	...

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