Morning Brew Daily
Fed’s Latest Rate Cut Reveals Uncertainty & Workers Turned Off By RTO Policies
19 Dec 2024
Episode 478: Neal and Toby break down the latest decision by the Fed to cut rates and what it could mean for next year. Plus, why the proposed government spending bill has to be re-worked and why companies who have returned to office policies are not hiring at the same rate as companies with remote policies. Plus Neal shares his favorite numbers which include an interesting Alzheimer's study, 'straight edge kids' and football games clashing with weddings. Finally, all the headlines you need to know ahead of your Thursday. Build your Range Rover Sport at landroverusa.com 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. Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow
Full Episode
Good morning, Brew Daily Show. I'm Neil Freiman. And I'm Toby Howell. Today, Congress thought it had a deal to avoid a government shutdown this Saturday. Then Elon Musk entered the chat.
Then the Fed issued its final rate cut of the year. So why did your stock portfolio tank? It's Thursday, December 19th. Let's ride. Good news, Neil. You can finally plan that trip to Washington State you've been putting off.
That's because officials announced yesterday that the so-called giant murder hornets have been successfully eradicated from the state following a years-long effort to find and eliminate the non-native pest.
Murder hornets were first sighted in the area all the way back in 2019, but state officials quickly mobilized to try and contain their presence due to the threat the giant insects posed to their honeybee and other pollinators. Consider that threat contained, too. No hornet has been sighted in the last three years.
Thank goodness, Neil. Giant murder hornet is probably the most appropriate name ever given to an animal. These things can be two inches long. Just think about a hornet that's two inches long in your head right now.
They can wipe out an entire honeybee hive in less than 90 minutes by decapitating the bees there and then defending the hive as their own, all while using the brood to feed their baby hornets. They can also sting through beekeeper suits, deliver almost seven times the amount of venom as a honeybee, and sting multiple times.
That's why an entomologist in the Washington State Department of Agriculture said, I've been doing this for over 25 years now. It is a rare day when the humans actually get to win one against the insects.
I'm not going to lie. I remember the peak of murder hornet panic back in 2019, 2020. We were all in lockdown, and we're like, now the murder hornets are coming for us as well. So thank goodness. They said the public played a huge role as well, taking pictures and reporting sightings, because of course the public played a role. If I saw a two-inch murder hornet, I would say something as well.
So congrats to Washington State. Plan your vacay there. Now a word from our sponsor, the Range Rover Sport. Neil, pardon the pun so early in the morning, but one of the best things about the Range Rover Sport is its range. It's the kind of car you can roll up to a black tie gala in, then take it to the mountains for a hike the next day.
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