logo
episode-header-image
Aug 2024
30m 19s

Jobs Report Off By 800K!? & Ford’s $1.9B...

Morning Brew
About this episode

Episode 393: Neal and Toby discuss the Bureau of Labor Statistics’ anticipated revision which removed 800,000 jobs from last year’s jobs report. The largest in the last 15 years. Then, the FTC’s plan to ban noncompete agreements in the US has run into a roadblock as a federal judge says, not so fast. Next, Ford once pledged to make big investments in all-electric vehicles but has since reversed course as it scraps its latest EV model plans. Plus, Neal shares his favorite numbers from big banks’ bad deal with Elon Musk, the rise of ‘boommates’, and the super long wait time for US visas. Meanwhile, Starbucks is using its secret weapon that might be able to save slumping sales: the Pumpkin Spice Latte, betch. 


Visit https://www.massmutual.com/ for all your financial planning needs


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


00:00 - Misleading movie reviews

03:00 - Jobs Report Revision 

07:50 - Blocked FTC Noncompete Ban

12:10 - Ford EV Spending 

17:30 - 'X' Financing Troubles

19:45 - World Cup Visas

21:50 - Boomer Roommates

24:00 - PSL Coming Back

Learn more about your ad choices. Visit megaphone.fm/adchoices

Up next
Today
Air Traffic Staffing Issues Cripple Flights & Solo Living Gets Pricier
Episode 688: Neal and Toby recap the staffing shortage that is stifling air traffic control causing flight delays across the US. Then, renewable energy surpassed coal for the first time as a source of electricity. Also, the WNBA just tipped-off its Finals, but everyone is still t ... Show More
30m 9s
Yesterday
Gold Shines Past $4K First Time Ever & Strava and Garmin Are Beefin’
Episode 687: Neal and Toby discuss why the Trump administration is taking a 10% stake into Canadian mineral company Trilogy Metals. Then, Gold just passed $4,000 an ounce for the first time ever and has jewelry companies worried. Also, Strava is suing Garmin which has fitness fre ... Show More
29m 7s
Oct 7
OpenAI Inks Massive Deal with AMD & French PM Quits After 27 Days
Episode 686: Neal and Toby dive into the massive multibillion-dollar deal between OpenAI and AMD. Then, France’s Prime Minister resigns just after 27 days of taking over, causing a political earthquake and financial markets trembling. Also, Deloitte has to refund the Australian g ... Show More
30m 45s
Recommended Episodes
Apr 2024
Zelenskiy Welcomes Aid, A TikTok Countdown & Tesla Woes Mount
Your morning briefing, the business news you need in just 15 minutes.  On today’s podcast:  (1) US approval of more than $60 billion in aid throws a lifeline to Ukraine’s beleaguered military, though it’s unlikely to turn the tide in the war on its own.  (2) After years of workin ... Show More
16m 2s
Sep 30
Shutdown deadline, tariffs expand, Spotify CEO exits
US stocks edge lower on the final trading day of Q3, with the S&P 500 (^GSPC) heading for its best September since 2010. According to Washington watchers, investors brace for a potential government shutdown as talks stall in Congress, with odds now above 90%. A shutdown would del ... Show More
21m 34s
Apr 2021
Bitcoin's Horrible Weekend, GameStop CEO to Step Down, The UK Intervenes in Nvidia's$40B Chip Deal, An Earnings Beat for Coca-Cola, Tesla Shares Slide Amid Probe, and Disney CEO's Message on Movies an
Carl Quintanilla, Jim Cramer and David Faber let off the show by discussing working our way back to normal: Jim and David being on set together for the first time in 13 months. They segued to Bitcoin's weekend sell-off and what it means for cryptocurrency and shares of Coinbase a ... Show More
43m 56s
Sep 2024
Tesla’s EVs stall in China
Enthusiasm about artificial intelligence masks a recession in the technology sector, and a new exchange traded fund looks specifically for ‘reject’ stocks. Plus, Google heads back to court over fresh antitrust allegations, and Chinese car buyers ditch Tesla for local alternatives ... Show More
10m 25s
Oct 1
Government shutdown begins, gold surges, Nike and Buffett deals
The US government has officially shut down after lawmakers failed to reach a funding deal, furloughing 750,000 workers and risking delays to jobs and inflation data critical for the Fed’s next moves. Markets opened Q4 lower, with futures and the dollar slipping while gold rallies ... Show More
22m 55s
Jun 2024
Jobs Surge Reignites Fed Debate, The Future of Food Crops
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.  Bloomberg News International Economics & Policy Correspondent Michael McKee and Bloomberg Intelligence Chief US Interest Rate Strategist Ira Jersey break down the latest jobs data and what the mixed forecast c ... Show More
47m 23s
Sep 18
Albo cuts emissions targets; job market weakens; Macquarie Group merger?
Friday 19 September 2025 The federal government reduces its commitment to cut carbon emissions, triggering criticism from all sides. And more, including: The local jobs market weakens, offering more promise of interest rate cuts in coming months. A Donald Trump appointee influenc ... Show More
17m 44s
Sep 5
The Fed Is Cornered By Stagflation After Jobs Collapse | Weekly Roundup
This week, we discuss all the growing list of weaker labor market data after August NFP showed just 22K jobs added. We also debate whether the Fed will have room to cut 50bps in September while stagflation rears its head, the potential implications if tariffs are overturned, and ... Show More
42m 7s
Oct 1
US Shutdown Begins As Stocks Drop & Gold Rallies On Funding Standoff
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Congress blew past a midnight funding deadline, triggering the US government’s first shutdown in nearly seven years — and the third under President Donald Trump. (2) US equity-index futu ... Show More
28m 24s