An example of $25 million being stolen from the Ethereum blockchain raises concerns about approving an Ethereum ETF. The incident supports Gary Gensler's skepticism towards blockchain technology, indicating that widespread exposure to blockchain may not be suitable for all consumers. The story of a small taco stand in Mexico being awarded a Michelin star is likened to a significant stamp of approval in the food business.
Episode 325: Neal and Toby recap the latest Supreme Court decision to spurn an attempt to take down the Consumer Financial Protection Bureau. Then, the Dow Jones Average hits a new milestone signaling Wall Street’s unyielding confidence in the market. Plus, the United Auto Workers union continues its campaign in Alabama where it’s looking to unionize Mercedes-Benz workers. Next, TWO stocks of the week: Walmart remains king of retail and Chubb has the Buffett stamp of approval. Meanwhile, two brothers were arrested for stealing $25M in crypto at lightning fast speed. Lastly, a humble taco stand in Mexico receives a Michelin star.
Visit https://www.sage.com/morningbrew for more!
00:00 - Uber CEO interview now!
2:00 - Supreme Court rules in favor of CFPB
5:50 - Dow Jones milestone
10:00 - UAW takes on Mercedes-Benz
13:50 - Stocks of the week: Walmart and Chubb
19:20 - Crypto hackers caught
22:00 - Michelin starred taco stand
Get your Morning Brew Daily Mug HERE: https://shop.morningbrew.com/products/morning-brew-daily-mug?utm_medium=youtube&utm_source=mbd&utm_campaign=mug
Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD
Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow
Learn more about your ad choices. Visit megaphone.fm/adchoices