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Morning Brew Daily
Markets Brace After First Harris/Trump Debate & The Fed Bows to Big Banks
Sep 11, 2024
29:23
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Donald Trump, the 45th President and business mogul, joins Kamala Harris, the first female Vice President, to analyze their heated debate. They dive deep into economic strategies, discussing tariffs, taxation, and inflation's impact on the middle class. The conversation shifts to the Federal Reserve's new banking regulations and Volkswagen's challenges in Germany. Plus, insights on the new leadership at Starbucks and Red Lobster as they seek to revive their brands. Finally, a look at the viral 9-month cruise phenomenon wraps up the lively dialogue.
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Quick takeaways
- The debate showcased contrasting economic policies, with Harris advocating for inflation control and housing supply, while Trump promoted tax cuts and tariffs.
- Volkswagen's potential plant closures reflect broader challenges in Germany's auto industry, highlighting competition from low-cost electric vehicles and labor unrest.
Deep dives
Healthcare Concerns Post-9/11
The anniversary of the 9/11 terrorist attacks serves as a stark reminder of the ongoing health struggles faced by first responders. Recent statistics reveal that more firefighters from the FDNY have died from exposure to harmful toxins at Ground Zero than those who perished on the day of the attacks. Union leaders are advocating for the extension of funding for the World Trade Center Health Program, which is set to expire in 2028, pushing for it to be available until 2090 to ensure survivors receive adequate care. Various commemorative events, such as stair climbs and the Tunnel to Towers 5K, continue to honor the sacrifices of first responders and raise awareness of their health challenges, reflecting the impact of that day on current generations.
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Discover
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