What the Coming Fed Rate Cut Means for Markets & Logan Paul vs. Lunchables

Morning Brew Daily

Morning Brew

Business, News, Business News

4.4 • 3K Ratings

🗓️ 18 September 2024

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

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Summary

Episode 412: Neal and Toby preview the much anticipated Federal cut to interest rates after months of waiting for a green light. Then, Instagram automatically sets all teen accounts to private in an effort to increase child safety on social media. Plus, Oracle has been quietly riding the AI wave, which has made founder Larry Ellison the 3rd richest person in the world. Very nice. Meanwhile, YouTube's dream team of MrBeast, Logan Paul, and KSI team up to take on the school lunch industry with their own packaged lunch. Next, Michael Kors admits selling handbags is hard, especially in the age of TikTok and Taylor Swift. Lastly, popular video game Flappy Bird makes its triumphant return, but without the blessings of its original creator. 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. To learn more about how Wise could work for your business, visit https://wise.com/business/ 00:00 - Liverwurst 3:30 - Federal Reserve makes its cut 9:10 - Instagram goes private for teens 12:30 - Larry Ellison moves up the billionaires ranking 18:15 - Michael Kors testifies to FTC 22:15 - YouTubers are going after Lunchables 25:50 - Flappy Bird returns 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 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hey Fidelity, how can I remember to invest every month?
0:04.4	With the Fidelity app, you can choose a schedule and set up recurring investments in stocks and EDFs.
0:11.9	Oh, that sounds easier than I thought.
0:14.0	You got this.
0:15.0	Yeah, I do.
0:17.0	Now, where did I put my keys?
0:19.0	You will find them where you left them.
0:22.0	Investing involves risk, including risk of loss. them.
0:25.0	Investing involves risk including risk of loss. Fidelity Broker Services LLC member NYC S.I.
0:28.0	S I P.
0:31.0	Good morning Brew Daily Show. I'm Neil Freiman and I'm Toby Howell.
0:35.3	Today Instagram is over being the cool parent and has begun telling teens
0:39.6	you're digitally grounded go to your room. Then happy Fed Decision Day.
0:45.0	Are we getting a 25 point cut or are we going big with 50?
0:49.0	It's Wednesday September 18th.
0:51.0	Let's ride. on about a Listeria outbreak that affected millions of pounds of Boershead lunch meat
1:05.3	leading to nine deaths in a massive recall.
1:08.0	Well, the company finally found the root cause of the outbreak, liverwurst.
1:13.1	According to a company statement, they traced the contamination back to a specific production
1:17.4	process at a single Virginia facility that was used only for liverwurst.
1:22.2	And as such, Boris had made the decision to end its
1:25.0	production of liver worse for good. Neil pour one out for emulsified
	...

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