McDonald's Stock Tumbles After E. coli Outbreak & Retailers Finally Slash Prices

Published: Oct. 23, 2024, 10:56 a.m.

Episode 437: Neal and Toby talk about the IMF\u2019s recent report that puts the US at the top when it comes to global economic productivity, thanks to a healthy dose of tech and energy investments. Then, McDonald\u2019s deals with a PR crisis as an e.coli outbreak is linked to one of its beloved menu items. Also, Target, Walmart, and other major retailers are rolling back prices to win back inflation-scarred shoppers \u2013 just in time for holidays, of course. Plus, researchers have found Arkansas is sitting on a massive lithium repository. Meanwhile, the FAA finally changed an antiquated rule that required an off switch for the \u2018No Smoking\u2019 sign on planes. Lastly, the last-minute news to catch up on.\n\nSubscribe 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.\n\nFind your fit at bonobos.com and use code BREW20 for 20% off.\xa0\n\nGet 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\xa0\n\nListen to Morning Brew Daily Here: https://link.chtbl.com/MBD\n\nWatch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow\n\n\n\nA 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\u2019s YTW is not \u201clocked in\u201d 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.\n\n00:00 - NBA Beer Prices\n02:15 - IMF US Economy Report\xa0\n07:40 - McDonald\u2019s E. Coli Outbreak\xa0\n11:50 - Retailers cutting Prices\n16:00 - Arkansas Lithium\xa0\n19:45 - FAA and No Smoking Signs\xa0\n23:15 - News Headlines\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices