Morning Brew Daily

#956: Tesla showcases its new Roadster model that can drive on the wall, fly, and do backflips. What. Companies are increasingly using AI in their hiring process. Amazon unveils its new Bee AI wearable tech just in time for the holidays. California’s wine industry is facing an oversupply of grapes as people are pulling back from wine o’ clock. Finally, KFC ditches Pepsi for Coca-Cola across its restaurants.

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#955: US inflation rises more than expected in September. Ukraine says Starlink restrictions are hurting its military capabilities against Russia. Netflix lays off roughly 1,000 of its workers. Neal’s numbers on Gen Z flocking to South Carolina, shipping costing more than a spaceship, NASA’s Mars rover breaks a new record. Finally, NYC is putting an end to horse carriage rides in Central Park.

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#954: Apple unveils its newest foray into the smart home market with ‘HomeView,’ which looks like a giant Apple Watch. Bumble agrees to go private for $1.3B Character.ai files for Chapter 11 bankruptcy. An OpenAI employee is arrested by the FBI for planting a recording device in a conference room. The Treasury Department imposes a hefty $1.2B fine against Bank of America. Finally, a French supermarket’s refrigerator was hacked.

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#953: Trump faces backlash after securing a deal with Russia for diesel fuel. Pepsi is feeling the hurt as the GLP-1 movement is causing shoppers to cut back on sodas and snacks. Two American economists win the Nobel Prize for their work on managing economic shocks. 3 out of the 4 remaining teams in the MLB are proving that low payroll teams can thrive in the postseason. Finally, what you need to know in the week ahead.

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#952: Robin Wigglesworth is the editor of the Financial Times’ Alphaville blog and the author of A Fabulous Debt: The Epic Story of How Bonds Built the Modern World. He joins Toby to explain the history behind the bond market, some of the major players that modernized bonds, and why rising yields actually affects everyone.

You can get a copy of Robin’s book, ‘A Fabulous Debt: The Epic Story of How Bonds Built the Modern World’ here

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