The Lakers Just Became the Most Highly Valued Sports Team Ever. Again.
Summary
Inflation cooled to 3.4% in July, easing pressure on the Fed to raise rates, while U.S. stocks rose. The LA Lakers were sold for a record $12.5 billion to a group led by Bob Iger. Meanwhile, StubHub faces scrutiny over delayed refunds and customer service issues following World Cup ticket failures.
Topics discussed
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Inflation cools to 3.4% in July; Fed rate outlook
Stocks rise; Form Energy funding; Trump media lawsuit
Wisconsin primary results and White House press secretary
Lakers sold for record $12.5 billion to Iger and Kushner
StubHub World Cup ticket failures and refund delays
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