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Group Chat

Too Late Too Stupid | Group Chat News Ep. 951

Group Chat

Group Chat

Entrepreneurship, News, Culture, Podcast, Group, Stock, Chat, Business, Entrepreneur, Arts

4.81.5K Ratings

🗓️ 19 June 2025

⏱️ 62 minutes

🧾️ Download transcript

Summary

Group Chat News is back with the hottest stories of the week including The Federal Reserve has voted to keep interest rates unchanged, US consumer spending is falling, Cannes Lion, Buss family to sell Lakers to Mark Walter for $10B valuation, Recent reporting projects that stablecoins could grow into a $3.7 trillion market by the end of the decade, Waymo applies for special permit to bring its self-driving cars to New York City, Wall Street wants in on Crumbl’s oversized sugary cookies, Sam Altman said Meta has offered his employees signing bonuses as high as $100 million and everyones favorite WINNERS LOSERS CONTENT

Transcript

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0:00.0

All right, Kathy's, we are back.

0:02.4

You wanted two episodes this week.

0:04.3

You got it.

0:04.9

You got two episodes.

0:06.6

We're going to start the streak.

0:09.0

Let's keep it going.

0:10.1

Are you traveling next week?

0:11.4

Yeah.

0:15.3

I don't know when, but I know I am.

0:17.5

I will see.

0:19.6

The big news. There's a lot of big news happening.

0:23.6

There's too much news.

0:24.7

But I think the most entertaining news was Donald Trump's press conference early this morning.

0:31.2

Yep.

0:32.1

I watched it live.

0:33.4

You watched it live.

0:34.6

Where a reporter was asking about the Federal Reserve Chair, Jerome Powell.

0:42.3

Who he appointed, by the way.

0:43.9

Sleepy just kept him.

0:45.5

Yeah.

0:46.8

Who he said it was too late and stupid.

0:51.2

Well, he said he's too late, Jerome, because he's not cutting rates fast enough.

...

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