lululemon Leadership Drama & Trump Waives 100-Year-Old Maritime Law
Brew Markets
Waivers, Sanctions, and Oil Price Reaction
Ann and John discuss related U.S. sanctions easing, recent oil price spikes, and why actions haven't yet cooled markets.
Episode 146: Today, Ann breaks down the 100-year-old U.S. shipping law President Trump just waived and why the White House’s attempt to bring oil prices down may not be working. Then we dig into lululemon’s latest earnings and how a corporate power struggle has destabilized the yoga pants empire. We also discuss Meta’s decision to shut down Horizon Worlds, the company’s virtual reality social network, as it continues pulling back from the metaverse. Plus, we recap Brew Markets’ Eyes on Her: Women, Wealth & What’s Next event and our biggest takeaways from the panels. Finally, the Federal Reserve holds interest rates steady, the Producer Price Index rises, and we survey earnings from Macy’s and General Mills.
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