Morning Brew Daily Inflation Uptick Complicates Rate Cut & Pokémon Cards a Hot Investment?
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Sep 12, 2025 Inflation is on the rise, complicating the Fed's plans and affecting consumer prices across the board. A bold move by Paramount Skydance aims at acquiring Warner Bros. Discovery, shaking up the media landscape. Meanwhile, nostalgic Pokémon cards have emerged as hot investment items. Trump's new memo targets pharmaceutical advertising, pushing for greater transparency. Finally, Starbucks faces challenges under CEO Brian Niccol as it navigates a tough turnaround strategy. Plus, could there really be life on Mars?
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Tube Strikes Send Londoners To E-Bikes
- London tube strikes forced commuters onto e-bikes, creating chaotic scenes and a spike in Lime usage.
- Toby compared biking culture in London unfavorably to Copenhagen's more practiced cyclists.
Inflation Remains Sticky Above Target
- August CPI showed a 0.4% monthly rise and 2.9% yearly inflation, keeping it above the Fed's 2% target.
- Core CPI at 3.1% signals sticky underlying inflation across goods and services.
Tariffs Are Feeding Core Goods Inflation
- Tariffs are beginning to push up prices in tariff-exposed sectors like apparel, appliances, and cars.
- Core goods inflation is rising, showing price increases are reaching everyday consumer purchases.