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Morning Brew Daily

Fed Funding Freeze Causes Chaos & Indie Book Site Takes On Amazon

29 Jan 2025

Description

Episode 507: Neal and Toby dive into the chaos and confusion caused by Trump’s memo to freeze all federal funding. Then, Google will change ‘Gulf of Mexico’ to ‘Gulf of America’, and Denali to ‘Mount McKinley,’ saying that it’s only following what Uncle Sam says. Plus, the return of supersonic travel after nearly 50 years. Also, an indie online bookstore site launches a new e-book platform to support local bookstores. Finally, a roundup of the latest headlines to end your day.  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. Download the Yahoo! Finance App (on the Play and App store) for real-time alerts on news and insights tailored to your portfolio and stock watchlists. Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow

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Full Episode

0.329 - 20.888 Advertisement Narrator

This episode is brought to you by Wise Business. The Wise Business account has everything you need to do business globally. It's a one-stop shop for all your international business finances. You can get paid, pay vendors and suppliers, and manage your business finances in 40 currencies. With Wise Business, there are no hidden fees, markups on the exchange rate, and no ongoing subscription costs.

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21.068 - 25.552 Advertisement Narrator

Get started today at wise.com business. That's wise.com business.

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27.947 - 36.797 Neal Freiman

Good morning, Brew Daily Show. I'm Neil Freiman. And I'm Toby Howell. Today, the Gulf of Mexico is becoming the Gulf of America, at least on Google Maps.

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37.258 - 45.668 Toby Howell

Then the Trump administration's vague directive to halt $3 trillion in federal funding has hit a bit of a roadblock. It's Wednesday, January 29th. Let's ride.

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54.491 - 73.768 Neal Freiman

Happy Lunar New Year, if you're one of the more than 1 billion people celebrating the arrival of the year of the snake, the wood snake this year, to be precise. Sounds a little spooky, but it isn't. Unlike in Western culture, snakes aren't considered the manifestation of evil and temptation in China. Instead, the slithery animals are associated with

74.048 - 94.796 Neal Freiman

spirituality, charisma, intelligence, and art, but also cunning and mystery. Some people you may have heard of who were born in the year of the snake, Mahatma Gandhi, Bob Dylan, and Taylor Swift. Toby, obviously this had me checking my Chinese zodiac sign, and turns out I was born in the year of the goat, which is no surprise because, well, I'm the goat. What's your sign?

95.436 - 118.71 Toby Howell

I am the year of the ox, Neil, which is unfortunately really bad news for the podcast because apparently, according to the Chinese Zodiac, ox and goat are not compatible at all and should in fact avoid each other wherever possible. So it might be time for me to pack it up and you need to go out and find a pig or a rabbit because apparently that is what you are compatible with. Okay.

133.37 - 139.513 Toby Howell

Oh, so it was really a concentrated sell-off. Neil, you know what? You're always on it. Where do you even come up with all these facts?

139.533 - 142.014 Neal Freiman

Well, I usually just give Yahoo Finance a peruse.

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