Morning Brew Daily Inflation Uptick Complicates Rate Cut & Pokémon Cards a Hot Investment?
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Sep 12, 2025 Inflation is on the rise, complicating the Fed's plans and affecting consumer prices across the board. A bold move by Paramount Skydance aims at acquiring Warner Bros. Discovery, shaking up the media landscape. Meanwhile, nostalgic Pokémon cards have emerged as hot investment items. Trump's new memo targets pharmaceutical advertising, pushing for greater transparency. Finally, Starbucks faces challenges under CEO Brian Niccol as it navigates a tough turnaround strategy. Plus, could there really be life on Mars?
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Tube Strikes Send Londoners To E-Bikes
- London tube strikes forced commuters onto e-bikes, creating chaotic scenes and a spike in Lime usage.
- Toby compared biking culture in London unfavorably to Copenhagen's more practiced cyclists.
Fed Faces Conflicting Signals
- Rising inflation and a weakening labor market make the Fed's rate decision complex ahead of next week's meeting.
- A spike in unemployment claims and job revisions still tilt policymakers toward a rate cut despite sticky CPI.
Coffee Prices Surge Sharply
- Coffee prices jumped 3.6% in August and are up 21% year-over-year, the largest rise since the 1990s.
- Poor harvests in Vietnam and Brazil plus hefty tariffs are major drivers of the surge.