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US Launches Tariff Refund Website & Robots Outrun Humans in Half-Marathon

Morning Brew Daily

Morning Brew

Business News, News, Business

4.43K Ratings

🗓️ 20 April 2026

⏱️ 26 minutes

🧾️ Download transcript

Summary

Episode 827: Neal and Toby preview the tariff-refund portal website that is supposed to launch where thousands of business owners recoup their part of the $166B estimated in refunds. Next, Iran closes the Strait of Hormuz again, deepening tensions and the energy crisis. Then, Trump signs an order to loosen restrictions on psychedelic drugs. And, humanoid robots race past humans in Beijing’s half marathon. Finally, what you need to know in the week ahead.  Learn more at https://www.schwab.com/oninvesting Join us for trivia! https://events.morningbrewinc.com/mbdtrivianight-april2026  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. Listen to Morning Brew Daily Here:⁠ ⁠⁠https://www.swap.fm/l/mbd-note⁠⁠⁠  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

Good morning Brut Daily Show. I'm Neil Fryman.

0:04.0

And I'm Toby Howell.

0:05.0

Today the robots are running half marathons faster than humans.

0:09.0

Then businesses rejoice. You can get in line for a tariff refund starting today.

0:14.0

It's Monday 420. Let's ride.

0:21.5

Good morning and welcome back to the week.

0:24.0

I look forward to this day all year, marathon day in Boston.

0:28.4

Later this morning, more than 30,000 people are set to embark on a hilly 26.2-mile journey from Hopkinton to Boylson Street with 500,000 spectators cheering them on. This year's race

0:39.6

hasn't been without a little brand controversy. Ahead of the marathon, Nike put up a sign at its

0:44.7

Newberry Street store that read runners welcome, walkers tolerated. That sentiment was criticized

0:50.7

by some local runners and disability advocates for not being inclusive, and by Friday,

0:55.2

the sign was taken down. I see both sides of it, Neil. Tolerated felt like too hard, harsh of a word,

1:01.9

but also stick to your guns at Nike. If this is your brand identity, if you want to highlight

1:07.2

winning, just do it. Don't get scared and back down because now you just look

1:11.4

bad to everyone involved. Still, it shouldn't overshadow marathon day, which is awesome. We're

1:17.6

finally getting some cool weather and even a little bit of a tailwind, so we should see some

1:23.2

fast times. This episode is brought to you by On Investing, an original podcast from Charles Schwab.

1:29.5

Each week hosts Liz Ann Saunders, Schwab's chief investment strategist, and Colin Martin,

1:33.5

head of fixed income research, and strategy for the Schwab Center for Financial Research,

1:37.2

analyze economic developments, and bring context to conversations around equities, fixed income,

1:41.5

the economy, and more. Join Colin, Liz Ann, and their guests as they share insights into what might be moving the markets

1:47.8

and why, as well as what indicators they're watching for signs of change.

...

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