Consumer electronics can't keep up with AI
Summary
Marketplace analyzes the Fed’s recent meeting, highlighting dissents over easing bias and Jerome Powell’s decision to remain a governor under incoming Chair Kevin Warsh amid inflation concerns. The episode also covers Apple’s earnings, rising memory chip costs due to AI demand, and a surge in LNG exports from Corpus Christi. Finally, it discusses the trend of premium $50 movie tickets and features a retiree who caps her net worth to focus on generosity.
Topics discussed
Sponsors and intro
Fed meeting, Powell's departure, and Warsh's challenges
Apple earnings and memory chip shortages
LNG exports boom in Corpus Christi
Market numbers and Spirit Airlines
Sponsors
Rising movie ticket prices and theater trends
My Economy: Capping net worth in retirement
Kentucky Derby and sign off
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