The Indicator from Planet Money The nepo baby premium, frothing markets, and Apple vs. Apples
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Aug 15, 2025 Dive into a lively discussion about rising inflation and how it affects the stock market! Discover the surprising financial benefits of working at your parents' company, revealing the power of family connections. The show also brings to light a quirky trademark battle between two companies named Apple, raising questions about branding and consumer confusion. Plus, some hilarious commentary on trademark enforcement and its potential bullying implications.
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Inflation Still Above Target
- CPI rose 2.7% year-over-year in July, still above the Fed's 2% target.
- Services like rent and health care drove most of the increase, not just tariffed goods.
Stocks Rise On Rate-Cut Hope
- Markets rallied on expectations the Fed may cut rates because inflation appears contained.
- Lower expected rates make equities worth more, which pushed U.S. stock markets to record highs.
Jobs Data Shapes Fed Decisions
- The Fed balances low unemployment with low inflation when setting rates, so labor data matters a lot.
- A weaker jobs report increased the chance officials will prefer lower rates to support employment.