The Great Debate on Tariffs & Meta Fires Workers Over $25?
Episode 434: Neal and Toby discuss the effects of a broad tariff policy that Republican presidential nominee Trump proposes if he were to be elected and US Treasury Secretary Janet Yellen warns that it may hurt the economy or then help. Then, Netflix\u2019s latest earnings are proving price hikes are boosting profits while steadily gaining new subscribers. Plus, news of an Uber takeover of Expedia boosts its stock, making it the Stock of the Week, and leaves Wall Street saying, \u201cHm, not a bad idea.\u201d And Meta fires employees over a meal perk and announcement of layoffs makes it the Dog of the Week. Meanwhile, Halloween candy this year will look a lot more\u2026squishier, as high cocoa prices mean candy companies are leaning into gummies to save their sales. Lastly, Prada is expanding out of the fashion world and going\u2026out of this world\u2026by designing the spacesuit of an upcoming moon mission.\xa0\n\n00:00 - Top trending Halloween costumes\n2:50 - Great debate on tariffs\n7:50 - Netflix is all about the profits\n12:10 - Stock of the Week: Expedia\n18:40 - Dog of the Week: Meta\n22:00 - Halloween chocolates are out\n25:00 - Prada gets into the space business\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\nCheck out the new Wendy\u2019s Breakfast Burrito! Visit https://www.wendys.com/morningbrew for more!\n\nJoin us at our trivia night! Visit morningbrew.com/events to register\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\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.\nLearn more about your ad choices. Visit megaphone.fm/adchoices