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Morning Wire

Meta Layoffs & ‘Stubborn’ Inflation | 11.11.22

Morning Wire

The Daily Wire

Daily News, News

4.926.5K Ratings

🗓️ 11 November 2022

⏱️ 15 minutes

🧾️ Download transcript

Summary

Several big tech companies are announcing layoffs, inflation seems to level off leading to a stock surge, and Democrats’ gamble to fund some Republican candidates pays off. Get the facts first on Morning Wire. Black Rifle Coffee Get 10% off your first order or Coffee Club subscription with code WIRE: https://www.blackriflecoffee.com/ Get $20 off a Skylight Calendar with promo code WIRE: https://skylightcal.com/ Birch Gold Text "WIRE" to 989898 for your no-cost, no-obligation information kit and claim your FREE GOLD BAR Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Facebook's parent company Metta is laying off thousands of employees and other tech companies

0:08.2

aren't very much better.

0:09.7

I'm responsible for the health of our company, for our direction, and for deciding how

0:18.2

we execute that, including things like this.

0:21.1

What's behind the big tech recession and what can we expect going forward?

0:25.0

I'm daily wire editor-in-chief John Bickley with Georgia Howell.

0:28.2

It's Friday, November 11th, Veterans Day, and this is Morning Wire.

0:35.7

A new consumer price report shows inflation may be leveling off.

0:39.5

What does this mean for the American consumer and for the Federal Reserve?

0:43.0

You know, we still have this inflation 80% going down now to 7.7 in 2022.

0:49.7

They're going to use opportunities of strength in the market and easing of financial conditions

0:55.9

to just get to their goals a little bit faster.

0:58.6

And Democrats played a risky game leading up to the election by boosting Republican candidates

1:03.4

closely aligned with Trump.

1:05.6

Did the gamble pay off?

1:07.2

We break down what each party can learn from this election cycle.

1:11.0

Thanks for waking up with Morning Wire and a special thank you to all who served to keep

1:15.0

the rest of us safe.

1:16.5

Stay tuned, we have the news you need to know.

1:22.4

Better and founded and operated Black Rifle Coffee Company is on a mission to help service

1:26.6

members successfully transition from the military into entrepreneurship.

1:30.5

And as for the coffee itself, well, Black Rifle is very selective about where they source

...

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