Record Travel Can't Save Airline Earnings & TX Town Sick From Bitcoin?

Morning Brew Daily

Morning Brew

Business News, News, Business

4.4 • 3K Ratings

🗓️ 12 July 2024

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Episode 364: Neal and Toby recap the latest inflation report that might’ve sealed the deal on a Fed rate cut with a minor increase that shows signs of cooling down. Then, airline profits are underperforming despite record air travel. Plus, a Texas jury sides with a bitcoin miner that’s been making nearby residents sick from the loud data facilities. Next, Costco is the stock of the week and Tesla is the dog of the week. Meanwhile, the most star-studded Indian wedding that billions of money can afford. Lastly, the iconic Las Vegas casino The Mirage is closing its doors and needs to get rid of its prize money. Expand your world with Meta AI. Now on Instagram, WhatsApp, Facebook and Messenger. 00:00 - NYT Book List 3:00 - Inflation goin’ down 7:20 - Delta Air struggling 10:30 - Bitcoin mining is very noisy 14:00 - Dog: Tesla 17:20 - Stock: Costco 19:20 - The wedding to rule all weddings 22:00 - The Mirage closes shop 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

Transcript

Click on a timestamp to play from that location

0:00.0	Don't just ride the index, seek to outperform it with Fidelity active EDFs.
0:04.5	Learn more at Fidelity.com slash active EDFs.
0:07.5	Before investing in any exchange-traded fund, you should consider its investment objectives, risks, charges, and expenses.
0:13.0	Contact fidelity for a prospectus and offering circular,
0:15.7	or if available a summary prospectus containing this information.
0:18.6	Read it carefully.
0:19.5	While active EDFs offer the potential to outperform an index,
0:22.3	these products may more significantlyform an index as compared with the passive EDFs.
0:26.4	Fidelity Brokerage Services LLC member NYC SIPC.
0:30.1	Good morning Brew Daily Show. I'm Neil Freiman and I'm Toby Howell today what happens when a
0:37.0	Bitcoin mine comes to your town hint it is not good then a Las Vegas casino has to get rid of $1.6 million in prize money before closing next
0:46.7	week.
0:47.7	So, Vegas anyone?
0:49.7	It's Friday, July 12th.
0:51.5	Let's ride. So the talk of the morning brew office this week has been about a project
1:00.0	the New York Times is putting out called the 100 best books of the 21st century.
1:04.8	They've been releasing the list slowly in batches and they finally dropped the top 20 this morning.
1:09.6	And Neil, I'm not going to lie, you've had this snobby air to you all week
1:13.9	because it's clear you've read the most books from the list,
1:16.7	so I'll give you a chance to Vampir.
1:19.2	Give us your recommendations.
1:20.9	I don't know, Will, if you just put a book by your bedside every night you can
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Morning Brew, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Morning Brew and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.