The chapter delves into the effects of Hurricane Beryl on Texas, including power outages and the use of the Whataburger app for monitoring power restoration. It also discusses the growth and success of Athletic Brewing, the largest non-alcoholic beer brand in the US, and its plans for expansion to meet the increasing demand for non-alcoholic beverages. Additionally, the chapter touches on the Federal Reserve's considerations for potential rate cuts in response to changing economic indicators, focusing on managing inflation and unemployment rates.
Episode 362: Neal and Toby recap the havoc of Hurricane Beryl after it made landfall in Houston this past Monday and how Texas is often the target of climate disasters. Then, Athletic Brewing Company is leading the charge in America’s growing desire to drink without the drink–of alcohol, that is. Meanwhile, Jerome Powell goes to the front of the class of Congress to share that the US economy might have another foe besides inflation. Next, Etsy is trying to get out of its slump by reinventing itself as the “anti-robot” commerce company. Also, empty offices hit an all-time high, especially in San Francisco. Lastly, Ivy League social clubs are becoming a thing of the past as memberships are dwindling. Can speed dating save it?
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00:00 - Big sequels coming up
2:40 - Hurricane Beryl hits Houston
7:00 - Athletic Brewing is taking over
11:00 - Jerome Powell reports to Congress
14:30 - Etsy comeback story?
18:20 - Vacant offices continue to rise
22:00 - Ivy League clubs are fading away
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