US, EU Economies Going Opposite Ways? & The Fatal Aircraft Collision in DC

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What happened in the deadly aircraft collision in DC?

Neal Freiman 0:28
Good morning, Brew Daily Show. I'm Neil Freiman. And I'm Toby Howell. Today, everything we know about the deadliest plane crash on U.S. soil in over two decades.
Toby Howell 0:37
Then the U.S. and Europe's economies are heading in two completely different directions. It's Friday, January 31st. Let's ride.
Neal Freiman 0:49
It is January 31st, the final day of the first month of the year. And congratulations to everyone who successfully completed Dry January. I raise a glass of apple juice to you. Toby, you were doing Dry January. Should I be toasting to you as well?
Toby Howell 1:05
Well, Neil, I did a slightly wet January, but I have a good excuse. I had a friend visit New York City last weekend. We went to a comedy show that, to put it lightly, was the worst comedy show I have ever seen. And I didn't want to leave, so I did the next best thing, which led to the unfortunate end of my dry January. So do not blame me. Blame a really deadbeat audience in a 6 p.m. start time. So slightly wet January. Thank you, though. You can still toast me. Now a word from our sponsor, Yahoo Finance. Neil, I've been listening to The Odyssey while I've been working out recently, and I gotta say, it slaps.

How do the US and European economies compare?

Neal Freiman 1:42
I'm sure Homer appreciates your review, Toby.
Toby Howell 1:45
Two themes have stood out to me. One, characters like Odysseus' wife Penelope take a very long-term view of things, holding out hope over years that Odysseus will return.
Neal Freiman 1:55
I see where you're going with this. Kind of like how investors need to have long-term horizons when considering where they put their money.
Toby Howell 2:02
And then the other theme, knowledge. Odysseus visits tons of gods and oracles, even goes down to Hades to talk to the dead, all in the pursuit of learning more about how he may complete his journey home.

What makes Chili's the Stock of the Week?

Neal Freiman 2:13
Yahoo Finance makes it way easier than traveling to the underworld. You can just head to its research tab to get insights from experts or read research reports. No bargains with Persephone required.
Toby Howell 2:24
If you want to stay informed about the market without going on an odyssey, head to yahoofinance.com. That's yahoofinance.com. No survivors are expected to be found from the mid-air collision between an American Airlines regional jet and a U.S. Army Black Hawk helicopter. that shocked the DC community late Wednesday night.

Why is UPS the Dog of the Week?

Toby Howell 2:42
With 67 victims in total, it was the deadliest crash in nearly 24 years, ending an era of unprecedented US airline safety. After a moment of silence to honor the victims before his remarks at the White House, Trump was quick to lay the blame for the crash on DEI hiring policies and his Democratic predecessors, Biden and Obama, though didn't provide any evidence to support his theories. Here's what we do know. Audio recordings show air traffic controllers made two attempts to warn the helicopter. The first was made 30 seconds before the crash, the second just a few seconds before. A preliminary investigation by the FAA found that a single controller was handling both helicopters and planes landing at the Reagan Airport when the accident occurred.
Toby Howell 3:27
Those jobs are typically assigned to two controllers, not just one, the New York Times reported. Neil, air traffic control facilities all over the country have been understaffed for years, but this crash highlights the dangers when you push a fragile system to its limits.
Neal Freiman 3:41
Yeah. And we should say that investigators are still it's just the beginning of the investigation to figure out exactly what happened. These things take weeks, months. But two major concerns have been raised here. Is D.C. airspace too crowded and are there enough air traffic controllers on the job? Let's start with that congested airspace. Skies over D.C.

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