Fed Raises Rates for the First Time in 3yrs & What Happened to Ed Sheeran’s Tour
Summary
The Fed raised rates by 25 basis points to combat persistent inflation driven by tariffs, oil prices, and AI investment, marking the first hike since 2025. Census data reveals record median household income and a historic low poverty rate, though gains remain concentrated among the wealthy. Apple released iOS 27, featuring a revamped, conversational Siri and a new location-hiding feature, while Tom Holland becomes the highest-grossing lead actor in history. Other headlines include a quiet Atlantic hurricane season, Japan surpassing 100,000 centenarians, and Ed Sheeran’s tour facing backlash…
Topics discussed
Intro and Mint Mobile Sponsorship
The 'Pancakes for the Table' Diner Strategy
Hotels.com Business Travel Preferences
Fed Hikes Rates Amid Inflation Concerns
Why Inflation Remains High: Tariffs, Oil, AI
Record Household Income vs. Widening Wealth Gap
iOS 27 Update and the New AI Siri
New Feature: Hiding Location from Contacts
Sponsors: Vanguard, Great Wolf Lodge, Perplexity
Neil's Numbers: Unusually Quiet Hurricane Season
Japan Surpasses 100,000 Centenarians
Tom Holland Becomes Highest-Grossing Lead Actor
Ed Sheeran Tour Controversy and Ticket Prices
Best Airports in America: Minneapolis Leads
Outro: Birth Day Debate and Credits
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