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Morning Brew Daily

The Great Debate on Tariffs & Meta Fires Workers Over $25?

Morning Brew Daily

Morning Brew

News, Business, Business News

4.43K Ratings

🗓️ 18 October 2024

⏱️ 30 minutes

🧾️ Download transcript

Summary

Episode 434: Neal and Toby discuss the effects of a broad tariff policy that Republican presidential nominee Trump proposes if he were to be elected and US Treasury Secretary Janet Yellen warns that it may hurt the economy or then help. Then, Netflix’s latest earnings are proving price hikes are boosting profits while steadily gaining new subscribers. Plus, news of an Uber takeover of Expedia boosts its stock, making it the Stock of the Week, and leaves Wall Street saying, “Hm, not a bad idea.” And Meta fires employees over a meal perk and announcement of layoffs makes it the Dog of the Week. Meanwhile, Halloween candy this year will look a lot more…squishier, as high cocoa prices mean candy companies are leaning into gummies to save their sales. Lastly, Prada is expanding out of the fashion world and going…out of this world…by designing the spacesuit of an upcoming moon mission.  00:00 - Top trending Halloween costumes 2:50 - Great debate on tariffs 7:50 - Netflix is all about the profits 12:10 - Stock of the Week: Expedia 18:40 - Dog of the Week: Meta 22:00 - Halloween chocolates are out 25:00 - Prada gets into the space business 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. Check out the new Wendy’s Breakfast Burrito! Visit https://www.wendys.com/morningbrew for more! Join us at our trivia night! Visit morningbrew.com/events to register  Get your Morning Brew Daily T-Shirt HERE: https://shop.morningbrew.com/products/morning-brew-radio-t-shirt?_pos=1&_sid=6b0bc409d&_ss=r&variant=45353879044316  Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow A Bond Account is a self-directed brokerage account with Public Investing, member FINRA/SIPC and includes 10 investment-grade and high-yield bonds. As of 10/8/2024, the average, annualized yield to worst (YTW) across all ten bonds is greater than 6%. A bond’s YTW is not “locked in” until the bond is purchased and is not guaranteed; you may receive less than the YTW of the bonds in the Bond Account if you sell any of the bonds before maturity or if the issuer defaults on the bond. While corporate bond yields should fall in reaction to a Federal Reserve rate cut, there is no way to know whether that will be true of the bonds in the Bond Account, how quickly bond yields will respond, or by how much they will decline. Bond Accounts are not recommendations of individual bonds or default allocations. The bonds in the Bond Account have not been selected based on your needs or risk profile. All investing involves risk. Public Investing charges a markup on each bond trade. High Yield bonds carry greater risk of default. Visit public.com/bond-account to learn more. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Little's wooden toy event is here.

0:02.0

Catch a Brio compatible train set for 1499.

0:05.0

Feed the fun with kitchen accessories at 999,

0:08.0

or build their brains with puzzles at 199.

0:11.0

And get 10% off all our wooden toys when you download Little Plus.

0:14.8

Subject to availability, ends 23rd of October, see Little.

0:17.3

Docco. UK slash LPTB for details, terms apply.

0:21.3

Good morning Brew Daily Show.

0:23.4

I'm Neil Freiman.

0:24.4

And I'm Toby Howell.

0:25.4

Today Janet Yellen sounds a rare warning about tariffs.

0:29.1

Is the world ready for another trade war?

0:31.5

Then NASA has gone high fashion,ing up with Prada to develop its new

0:36.3

space suit. It's Friday, October 18th. Let's ride. I've got.

0:45.0

With Halloween just 13 days away, it's time to actively start thinking about a costume

0:50.2

if you haven't already.

0:51.3

And if you're striving for originality,'ve got a list of costumes to avoid

0:56.0

Google has released its top trending costumes for Halloween which is a good

1:00.9

indication of what you might expect to see at your party.

1:04.4

And they are pretty much any character from Beedle Juice,

1:08.6

pretty much any character from Inside Out 2, Ray Gunn, the Breaker from the Olympics with that iconic green and yellow

1:15.2

track suit, pop star Sabrina Carpenter, and for a duo costume, Wolverine and Deadpool.

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