Fed eyes sluggish wage growth
Summary
This episode examines how inflation outpacing wage growth is squeezing consumers, prompting a trend toward home cooking that benefits companies like Campbell’s. It also highlights an innovative housing solution in Altadena, where architects relocate historic homes to aid fire recovery and preserve character. Additionally, the show profiles Bending Spoons’ profitable strategy of acquiring legacy tech brands and features a theater owner expanding his family business amid a box office rebound.
Topics discussed
Sponsors: Dell Pro and WISE
Marketplace intro and episode preview
Inflation update: Wages vs. CPI and Fed policy
Campbell's profits and the rise of scratch cooking
Relocating historic homes in Altadena after fires
Market numbers: Tech stocks rebound
Sponsors: Gusto, Vanta, and Optum
Bending Spoons IPO: Turning AOL and Vimeo profitable
My Economy: Family-owned movie theater expansion
S&P 500 changes and closing credits
Million Bazillion podcast promo: Athlete salaries
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