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Morning Brew Daily

US Takes 10% Stake in Intel & Olive Garden is Inflation-Proof

Morning Brew Daily

Morning Brew

Business News, News, Business

4.43K Ratings

🗓️ 25 August 2025

⏱️ 28 minutes

🧾️ Download transcript

Summary

Episode 655: Neal and Toby discuss why the US government is taking  a 10% stake in Intel. Then a recap of Jerome Powell’s speech on Friday and what it could mean for interest rates. Next up the Trump admin will be ending an offshore wind project. The winners of the last weekend are Olive Garden for bringing back endless pasta and US tourism because it is hotter than ever. Finally a look at the week ahead.  LinkedIn will even give you a $100 credit on your next campaign so you can try it yourself. Check out LinkedIn.com/mbd for more. Submit your MBD Password Answer here: https://docs.google.com/forms/d/1Yzrl1BJY2FAFwXBYtb0CEp8XQB2Y6mLdHkbq9Kb2Sz8/viewform?edit_requested=true  Check out Brew Markets here: https://swap.fm/l/9Qk4z73Z2nEwFiCB4qee    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 00:00 - US Open is Back 03:30 - US Invests in Intel 09:30 - Powell Speaks on Friday 13:25 - Offshore Wind Project Ends 18:15 - Olive Garden is Inflation-Proof 22:30 - US Tourism is Back 24:40 - Week Ahead Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:22.9

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0:28.2

successful campaigns this holiday shopping season and beyond. Head to contentful.com

0:33.1

slash black Friday. That's contentful.com slash Black Friday.

0:50.0

Good morning, Brew Daily Show. I'm Neil Fryman. And I'm Toby Howell. Today, Intel gets a lifeline from the U.S. government, but at what cost? Then investors loved what they were hearing out of Jerome Powell's speech in Jackson Hole.

0:56.4

It's Monday, August 25th.

0:57.9

Let's ride.

0:59.4

Good morning and happy Monday.

1:04.9

Guys, summer is coming to an end.

1:07.2

It's undeniable and you can't fight it.

1:09.3

The clearest sign yet is that yesterday the US Open Open for tennis kicked off in Queens, one of the great late summer traditions, and an increasingly sceny event for New York celebrities, which has made it all the more expensive for the rest of us. Anyway, on to the tennis. On the men's side, there's only two names you need to know, Yannick Center and Carlos Alcraz. These young

1:28.0

studs are dominating the sport, having won the seven last Grand Slam titles between them. On the women's side, the draw is stacked with Americans like Cocoa Gough, Madison Keys, Jessica Pagula, and Amanda Anisimova. In fact, there are two American women in the top four and three in the top six. But Toby, the most important question, how many honey deuses can I put you down for this year? No, you can put me down for 30 love of those. One is sold every one and a half seconds during the tournament. That's despite the fact that the prices increased six times in the past decade. It was $15 back in 2015, but it's $23 today.

2:02.4

But you know what, Neil, they can make it 30, and I'd still want one.

2:05.1

I do want your power rankings of Grand Slam signature drinks, though.

2:08.5

Wimbledon has the Pims Cup, which is gin-based and mixed with lemonade, soda, cucumbers, and mint.

2:13.5

French Open just says moat champagne.

2:15.5

Pretty classy.

2:16.3

The Australian Open introduced the Lemon Ace recently, which is another Grey Goose drink

2:21.1

that is more citrusy than the Honey Deuce, and then the Honey Deuce itself, which is Grey Goose

2:25.5

Vodka, Lemonade, and Shamrod, Raspberry Liquor.

2:29.1

Which one are you spending $23 on?

2:31.3

I'll go on PIMS Cup, number one.

...

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