Episode 679: Neal and Toby discuss the potential government shutdown and the impact it’ll have on the economy. Then, Starbucks announces its closing 1% of its stores as part of its turnaround plan. Also, CarMax shares plunge as its latest earnings report warns nobody is buying used cars. Meanwhile, IBM just helped HSBC with the world’s first quantum-powered ... Show More
Today
Fed Raises Rates for the First Time in 3yrs & What Happened to Ed Sheeran’s Tour
#935: The Fed raises rates for the first time in 3 years to fight inflation. Household incomes have reached a new high and poverty hits a new low, even as Americans are feeling the affordability pinch. Apple’s latest major update, iOS 27, promises a new and improved Siri. Neal di ... Show More
34m 37s
Sep 2025
🚛 “Sloppy Soundtracks” — Spotify’s AI purge. NFL’s 3 huge sales. Starbucks’ McDonald moment. + Anthropologie’s $1K rock.
Starbucks is decaffeinating itself, closing 400 stores… but there’s hope for Starbs at McDonald’s.3 NFL teams just sold at record prices... They sold to Private Equity, but what about fan shares?Spotify deleted 75M AI songs, while AI slop is slowing your work day… Welcome to the ... Show More
22m 56s
Sep 2023
Approaching Shutdown, Asian Flip-Flop
<p>The fast approaching federal government shutdown is top of mind on this week’s podcast. Mark and Cris consider how the shutdown may play out and the economic consequences. Two other colleagues, Steve Cochrane and Stefan Angrick, then join the conversation to assess the all imp ... Show More
1h 27m
Sep 2023
Earnings Outlook, Government Shutdown Potential Impacts
Peter Atwater, President of Financial Insyghts, discusses the outlook for earnings and the impact of a possible government shutdown on the business sector. Erik Wasson joins to discuss the latest on a potential shutdown. Steve Case, Chairman and CEO at Revolution, discusses his b ... Show More
44m 28s
May 2025
Bond crisis looming? GOP abandons DOGE, Google disrupts Search with AI, OpenAI buys Jony Ive's IO
(0:00) Today's topics and bestie intros! (2:49) Bond market chaos, GOP abandons DOGE, Trump's big, beautiful bill passes the House (38:15) Google's big week: AI in search, roadmap to diversifying revenue (46:49) OpenAI acquires Jony Ive's design startup for $6.5B (57:09) AI Diplo ... Show More
1h 33m
Sep 2025
US economy’s comeback, struggling Starbucks, abortion drug questions & more
We’ll break down new, promising economic data. Starbucks announces store closures and another round of layoffs. The FDA says it will study the safety and efficacy of the widely-used abortion drug mifepristone. We’re a step closer to a US TikTok deal. Plus, a Paris court has ruled ... Show More
6m 41s
Oct 2025
Political blame game, workers furloughed, AI cancer treatment & more
As lawmakers trade blame for the government shutdown, the economy is feeling the impact. Thousands of federal workers have been furloughed with firings potentially on the way. National Guard troops have been sent to Memphis. We have an update on twin hurricanes Imedla and Humbert ... Show More
6m 47s
Dec 2016
P&L: Training for Modern Jobs Is the Answer to Wage Stagnation
Pimm Fox and Lisa Abramowicz talk to Chris Lu, deputy secretary for the Department of Labor, about the November jobs report. Then, Global Markets' Peter Kenny discusses why the infrastructure sector is overbought. Also, Algebris Investments' Alberto Gallo talks about the ECB and ... Show More
26m 4s
May 2024
Tesla Layoffs, Amazon Earnings, and Walmart Closes Health Centers
Kara and Scott discuss Tesla laying off its Supercharger team, WeWork reaching a $450 million restructuring deal, and Dave & Buster's taking a gamble on betting. Then, what do Amazon's latest earnings mean for the company's AI plans? Plus, Walmart shuts down its health centers an ... Show More
50m 23s
Oct 2023
Musk's Tesla Factory Closures, X Possibly Going Public
Bloomberg News EV Reporter Sean O’Kane and Bloomberg Businessweek Columnist Max Chafkin discuss Elon Musk news about Tesla factory closures and Bill Ackman proposing to take X public. Michael Dowling, CEO at Northwell Health, discusses AI and healthcare. Melissa Byrne, Executive ... Show More
51m 14s