Morning Brew Daily Disney Streaming > Parks & Mortgage Rates FINALLY Drop
Aug 8, 2024
Dive into the intriguing world of payment scams as Congress takes a closer look at Zelle's security issues. Discover how Disney's streaming success contrasts with struggling park earnings. Exciting news: mortgage rates are finally dropping, alongside fascinating investment insights. Plus, the lighter side of history with a humorous reflection on the Dave Matthews Band's infamous poop incident from 20 years ago. This blend of financial trends and quirky stories keeps you entertained and informed!
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Post-Swim Coke
- Drink Coke after swimming in polluted water to replenish sugar levels.
- This is what Olympians reportedly do, though the "bleach" effect is a myth.
Zelle Scams and Reimbursements
- Zelle users lost $370 million, but banks only reimbursed $100 million due to a legal loophole.
- Regulators are investigating if banks must reimburse scammed users, even for authorized transactions.
Disney's Streaming Profitability
- Disney's streaming service became profitable partly due to price hikes, from $7 to $16.
- This reflects a broader trend of mixed economic signals from consumers.