Episode 557: Neal and Toby do another round of trade war updates with President Trump committing to impose another 50% tariff on Chinese goods, bringing the total to 104%. Then, in the midst of the trade war, shoppers are rushing to Apple stores to get their iPhones fearing prices are about to skyrocket. Also, the IRS has been the target of cuts by the federal government, which may bring low audit rates even lower. Meanwhile, retail chains are slowly coming back to SF’s downtown, breathing new life and hope for the once-sprawling district. 00:00 - Worst baseball game ever? 2:40 - Tariffs reach new heights 8:00 - Panic-buying iPhones 12:15 - IRS audits hit new low 15:45 - SF back? 19:30 - Sprint Finish! 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. Checkout TaxAct for more! 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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Good morning, Brew Daily Show. I'm Neil Freiman. And I'm Toby Howell. Today, the U.S. hit China with tariffs of 104% and neither side is backing down.
Then those 104% tariffs have Americans panic buying iPhones to try and beat the price hikes. It's Wednesday, April 9th. Let's ride.
Obviously a huge day for the global economy. But before we get to that, let's head to Humboldt Teaneck, New Jersey, where two teams staged what has been called the worst baseball game in history. Lehman College and Yeshiva University, both D3 schools, met after having lost a combined 141 games in a row, 42 straight losses for Lehman and 100 games for Yeshiva.
So when they met, someone was going to snap an epic losing streak. It certainly wasn't pretty to watch, but Lehman College won 7-6 in extra innings, their first victory since 2023. But all was not lost for Yeshiva. These two teams actually played a doubleheader, and Yeshiva beat Lehman in the second game, winning for the first time since 2022. So a fairytale ending.
Both teams got their first dub in years.
In the worst baseball game of all time, both teams came out winners. Still though, Yeshiva's 100 straight losses are not even close to the worst losing streak of all time. That belongs to the Caltech Beavers. From 2003 to 2013, lost 228 consecutive games. I'm sure they were busy designing some world-changing technology so they get a pass.
Technically, though, Neil, the NCAA does not keep a record of the most combined losses by two teams meeting in any one game. But an NCAA spokesperson, when told of the upcoming tilt between Yeshiva and Lehman, said, wow, those are some big numbers. Speaking of numbers, let's hear a word from our sponsor, TaxAct. If you're a sole proprietor business owner, here's a question.
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