The Business Show

Gold futures surpass $4,000 per ounce for first time, marking 43rd record high of 2025 as Ray Dalio recommends 15% portfolio allocation. Private data shows just 17,000 jobs added last month while inflation expectations rise during government shutdown. Tesla unveils cheaper Model Y and Model 3 versions, but stock drops 4% as investors wanted new products. Confluent exploring sale with private equity interest, sending shares up 20% after losing quarter of value in 2025. Real estate investors bought one-third of single-family homes in Q2, highest share in five years. Chi-Chi's reopens in Twin Cities with fully booked reservations two decades after hepatitis outbreak closure. Amazon's two-day Prime Big Deal Days offers up to 34% off iPads and Apple accessories. And PayPal pops nearly 5% on new website advertising feature for small business customers. 🚀 Loving the show? Leave a 5-star rating & review on Apple Podcasts, Spotify, or YouTube to help more people discover it! 📩 Want to master your money in 5 minutes or less each week? Join the Master Money Newsletter → Sign up here 🎧 Like this show? You'll love our other podcast: The Personal Finance Podcast 📲 Follow Andrew Giancola on Social Media: YouTube 🎥 Instagram 📸 TikTok 🎵 🔥 Thanks for tuning in! See you next episode. Learn more about your ad choices. Visit megaphone.fm/adchoices

OpenAI hosts first developer event in nearly two years, announcing App SDK, AgentKit, ChatKit and Codex, with Jony Ive making surprise appearance. Nike CEO Elliott Hill says company's turnaround path is "not linear" as quarterly sales and profits continue declining. Domestic box office hits $6.5 billion in first three quarters, up from $6.3 billion last year, with big releases coming. Verizon appoints Dan Schulman as new CEO, replacing Hans Vestberg, sending shares down 5%. Steak 'n Shake announces massive flag installations as patriotic marketing strategy. Rite Aid shutters remaining 89 stores after second bankruptcy filing in less than two years, with CVS buying most pharmacy services. Bruce Buffer signs as Bud Light spokesperson after 30 years as UFC ring announcer. And IKEA acquires Locus Robotics to cut delivery costs by $117 million annually while expanding U.S. presence despite tariffs. 🚀 Loving the show? Leave a 5-star rating & review on Apple Podcasts, Spotify, or YouTube to help more people discover it! 📩 Want to master your money in 5 minutes or less each week? Join the Master Money Newsletter → Sign up here 🎧 Like this show? You'll love our other podcast: The Personal Finance Podcast 📲 Follow Andrew Giancola on Social Media: YouTube 🎥 Instagram 📸 TikTok 🎵 🔥 Thanks for tuning in! See you next episode. Learn more about your ad choices. Visit megaphone.fm/adchoices

Online holiday spending expected to grow 5.3% to $253.4 billion, a slowdown from last year's 8.7% growth. Mortgage rates barely budging at 6.34% as government shutdown delays loan approvals and economic data. Ohio lawmaker introduces bill giving tax credits to employers who pay $1,000 bonuses to employees who get married. OpenAI reviewing hundreds of proposals for Stargate data centers as Americans embrace nuclear power for AI infrastructure. Chart Industries shareholders approve $13.6 billion Baker Hughes acquisition after competitive bidding war. Fifteen states including Texas, Florida, and Arizona now have more housing inventory than pre-pandemic levels. Bitcoin reaches $125,700, setting new all-time high just $1,200 above August record. And American Airlines stops using metal bag sizers at gates to enhance boarding process. 🚀 Loving the show? Leave a 5-star rating & review on Apple Podcasts, Spotify, or YouTube to help more people discover it! 📩 Want to master your money in 5 minutes or less each week? Join the Master Money Newsletter → Sign up here 🎧 Like this show? You'll love our other podcast: The Personal Finance Podcast 📲 Follow Andrew Giancola on Social Media: YouTube 🎥 Instagram 📸 TikTok 🎵 🔥 Thanks for tuning in! See you next episode. Learn more about your ad choices. Visit megaphone.fm/adchoices

Perplexity makes its $200-a-month AI browser free worldwide in a bid to grab market share before Google and OpenAI dominate the space. Fair Isaac cuts out Experian, Equifax, and TransUnion, sending their stocks tumbling while FICO soars 18%. Taco Bell wins fastest drive-thru for the fifth year in a row, though AI hasn’t made service any faster or friendlier. Oil prices rise after a fire at Chevron’s California refinery tightens supply. Mortgage rates climb despite the Fed cutting interest rates, frustrating homebuyers. Elon Musk briefly becomes the first person ever worth $500 billion before sliding back under the milestone. Maxwell House temporarily rebrands as “Maxwell Apartment” in a marketing stunt. And Tyson Foods agrees to pay $85 million to settle pork price-fixing allegations. 🚀 Loving the show? Leave a 5-star rating & review on Apple Podcasts, Spotify, or YouTube to help more people discover it! 📩 Want to master your money in 5 minutes or less each week? Join the Master Money Newsletter → Sign up here 🎧 Like this show? You'll love our other podcast: The Personal Finance Podcast 📲 Follow Andrew Giancola on Social Media: YouTube 🎥 Instagram 📸 TikTok 🎵 🔥 Thanks for tuning in! See you next episode. Learn more about your ad choices. Visit megaphone.fm/adchoices

Warren Buffett’s Berkshire Hathaway makes its biggest move since 2022 with a $9.7 billion deal to buy Occidental’s chemical unit. Amazon launches a new budget grocery brand with most items under $5 to win over price-conscious shoppers. Fast-food chains from McDonald’s to Wendy’s hit the chicken strip panic button to revive sales. The U.S. government shuts down after a healthcare funding fight, furloughing up to 800,000 workers. Utility bills soar as AI data centers and Trump’s energy policies drive costs higher. Meta announces ads will now target you based on AI chatbot conversations starting December 16. Nike beats earnings expectations but warns of weak holiday sales. 🚀 Loving the show? Leave a 5-star rating & review on Apple Podcasts, Spotify, or YouTube to help more people discover it! 📩 Want to master your money in 5 minutes or less each week? Join the Master Money Newsletter → Sign up here 🎧 Like this show? You'll love our other podcast: The Personal Finance Podcast 📲 Follow Andrew Giancola on Social Media: YouTube 🎥 Instagram 📸 TikTok 🎵 🔥 Thanks for tuning in! See you next episode. Learn more about your ad choices. Visit megaphone.fm/adchoices

President Trump announces a deal with Pfizer to cut drug prices in exchange for tariff relief, sending shares up nearly 7%. Nike beats Wall Street expectations but warns of weak holiday sales ahead. More companies, including Spotify, embrace the co-CEO model, splitting top leadership roles. Ford CEO Jim Farley predicts EV demand could drop by half once federal tax credits expire. Spotify founder Daniel Ek steps down as CEO, moving to executive chairman. Wolfspeed shares surge 30% after emerging from bankruptcy with a cleaner balance sheet. Samsung and SK Hynix sign on to OpenAI’s massive Stargate project, supplying memory chips for future AI data centers. And Exxon Mobil announces 2,000 job cuts as falling oil prices pressure the industry. 🚀 Loving the show? Leave a 5-star rating & review on Apple Podcasts, Spotify, or YouTube to help more people discover it! 📩 Want to master your money in 5 minutes or less each week? Join the Master Money Newsletter → Sign up here 🎧 Like this show? You'll love our other podcast: The Personal Finance Podcast 📲 Follow Andrew Giancola on Social Media: YouTube 🎥 Instagram 📸 TikTok 🎵 🔥 Thanks for tuning in! See you next episode. Learn more about your ad choices. Visit megaphone.fm/adchoices

You’ve heard the advice a thousand times: stay invested. But today, I’m going to give you the cold, hard numbers that prove why. In this episode, we’re diving into 10 powerful market stats that will change how you think about investing forever. From the danger of missing just a few of the market’s best days… to the power of compounding over decades—these numbers speak louder than any opinion ever could. If you’ve ever felt tempted to pull your money out of the market or sit on the sidelines until “things feel safe,” this episode is for you. Let’s break down the data that every long-term investor needs to know. 🚀 Loving the show? Leave a 5-star rating & review on ⁠Apple Podcasts⁠, ⁠Spotify⁠, or ⁠YouTube⁠ to help more people discover it! 📩 Want to master your money in 5 minutes or less each week? Join the Master Money Newsletter → ⁠Sign up here⁠ 🎧 Like this show? You'll love our other podcast: ⁠The Personal Finance Podcast⁠ 📲 Follow Andrew Giancola on Social Media: ⁠YouTube⁠ 🎥 ⁠Instagram⁠ 📸 ⁠TikTok⁠ 🎵 🔥 Thanks for tuning in! See you next episode. Learn more about your ad choices. Visit megaphone.fm/adchoices

President Trump announces a $625M investment to keep coal plants running, positioning coal as critical for AI and reindustrialization. Honeywell rolls out a new cockpit alert system aimed at preventing close-call airport incidents. GSK shares jump 3% after announcing a new CEO. Electronic Arts agrees to a massive $55B deal to go private, backed by Saudi Arabia’s sovereign wealth fund. Snapchat starts charging for Memories storage after users hit 1 trillion saves. Crypto suffers nearly $500M in losses during a brutal “Red September” selloff. USDA recalls 58 million pounds of corn dogs after injuries caused by wood chips in the batter. And Walmart’s CEO says AI will transform every single job at the company. 🚀 Loving the show? Leave a 5-star rating & review on Apple Podcasts, Spotify, or YouTube to help more people discover it! 📩 Want to master your money in 5 minutes or less each week? Join the Master Money Newsletter → Sign up here 🎧 Like this show? You'll love our other podcast: The Personal Finance Podcast 📲 Follow Andrew Giancola on Social Media: YouTube 🎥 Instagram 📸 TikTok 🎵 🔥 Thanks for tuning in! See you next episode. Learn more about your ad choices. Visit megaphone.fm/adchoices

Claire’s is getting a $140 million rescue after its second bankruptcy, with new owners betting they can revive the tween brand. YouTube TV and NBC are in a carriage fight that could cut off Sunday Night Football for millions of subscribers. President Trump dropped a fresh round of tariffs hitting imported drugs, kitchen cabinets, and trucks while also signing a TikTok deal that shifts U.S. operations to American billionaires. Retailers are kicking off Christmas sales in early October as shoppers tighten budgets, while the U.S. economy surprised with 3.8% second-quarter growth. Amazon agreed to a $2.5 billion settlement over deceptive Prime sign-ups, and CarMax shares plunged 20% after disappointing earnings. 🚀 Loving the show? Leave a 5-star rating & review on Apple Podcasts, Spotify, or YouTube to help more people discover it! 📩 Want to master your money in 5 minutes or less each week? Join the Master Money Newsletter → Sign up here 🎧 Like this show? You'll love our other podcast: The Personal Finance Podcast 📲 Follow Andrew Giancola on Social Media: YouTube 🎥 Instagram 📸 TikTok 🎵 🔥 Thanks for tuning in! See you next episode. Learn more about your ad choices. Visit megaphone.fm/adchoices

🚀 Loving the show? Leave a 5-star rating & review on Apple Podcasts, Spotify, or YouTube to help more people discover it! 📩 Want to master your money in 5 minutes or less each week? Join the Master Money Newsletter → Sign up here 🎧 Like this show? You'll love our other podcast: The Personal Finance Podcast 📲 Follow Andrew Giancola on Social Media: YouTube 🎥 Instagram 📸 TikTok 🎵 🔥 Thanks for tuning in! See you next episode. Learn more about your ad choices. Visit megaphone.fm/adchoices

American credit scores are falling for the first time since 2009 as delinquencies surge, especially among Gen Z and student loan borrowers. Coffee lovers are paying the price of tariffs, with beans hitting record highs and Congress floating a “No Coffee Tax Act.” Uber is testing bulk ride passes and cheaper meal deals as users push back on rising costs, while Disney+ is hiking prices yet again, raising premium plans nearly 20%. In China, Alibaba stock jumped 8% on news it’s cranking up AI spending well beyond its original $53 billion plan. Back home, Spirit Airlines announced nearly 1,800 layoffs before the holiday travel rush, a sign of deep financial trouble. Tom Brady is reinventing himself again, this time as chief innovation officer for a robot massage company. And finally, Boeing could score a massive order from China worth up to 500 planes, potentially easing years of tension between the two countries. 🚀 Loving the show? Leave a 5-star rating & review on Apple Podcasts, Spotify, or YouTube to help more people discover it! 📩 Want to master your money in 5 minutes or less each week? Join the Master Money Newsletter → Sign up here 🎧 Like this show? You'll love our other podcast: The Personal Finance Podcast 📲 Follow Andrew Giancola on Social Media: YouTube 🎥 Instagram 📸 TikTok 🎵 🔥 Thanks for tuning in! See you next episode. Learn more about your ad choices. Visit megaphone.fm/adchoices

Markets pulled back slightly after last week’s record highs, with futures down 0.3% as investors await inflation data and weigh government shutdown risks, while gold surged to a new all-time high above $3,760 an ounce. Bitcoin fell below $113K, dragging Coinbase, MicroStrategy, and Riot lower in a broader crypto selloff. The White House unveiled a proposed TikTok governance plan with Oracle oversight, an American-controlled board, and possible Murdoch family involvement, aiming to resolve national security concerns. Meanwhile, warehouse clubs like Costco and BJ’s are booming as inflation drives shoppers toward bulk savings, and Build-A-Bear is a surprise Wall Street winner with a 60% stock rally fueled by nostalgia and expansion. The White House clarified Trump’s new $100K H1B visa fee applies only to new applicants, not current holders, while mortgage rates dropped to 6.26%, their lowest in nearly a year, offering buyers some relief. And in entertainment, the box office stumbled as “Him” and “A Big Bold Beautiful Journey” both fell far short of expectations, underscoring Hollywood’s ongoing struggle to bring audiences back to theaters. Loving the show? Leave a 5-star rating & review on Apple Podcasts, Spotify, or YouTube to help more people discover it! 📩 Want to master your money in 5 minutes or less each week? Join the Master Money Newsletter → Sign up here 🎧 Like this show? You'll love our other podcast: The Personal Finance Podcast 📲 Follow Andrew Giancola on Social Media: YouTube 🎥 Instagram 📸 TikTok 🎵 🔥 Thanks for tuning in! See you next episode. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Fed takes center stage today with its rate decision and Powell’s press conference, while Big Tech pours $40B into U.K. AI infrastructure during Trump’s visit. StubHub prices its long-awaited IPO at $23.50 per share, and Meta bets on $800 smart glasses as the next frontier for everyday wearables. Trump extends TikTok’s U.S. divestment deadline again, with Oracle and Silver Lake in line to take control. Webtoon rallies nearly 40% after cutting a partnership and equity deal with Disney. U.S. retail sales came in stronger than expected, showing consumer resilience, and Barnes & Noble plans to open 31 new bookstores next year, signaling brick-and-mortar isn’t dead just yet. 🚀 Loving the show? Leave a 5-star rating & review on Apple Podcasts, Spotify, or YouTube to help more people discover it! 📩 Want to master your money in 5 minutes or less each week? Join the Master Money Newsletter → Sign up here 🎧 Like this show? You'll love our other podcast: The Personal Finance Podcast 📲 Follow Andrew Giancola on Social Media: YouTube 🎥 Instagram 📸 TikTok 🎵 🔥 Thanks for tuning in! See you next episode. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Fed faces a crucial week as Governor Lisa Cook retains her seat after a court blocked Trump’s attempt to fire her, while Stephen Miran casts his first vote at today’s meeting. President Trump floated cutting earnings reporting to twice a year, with the SEC signaling openness to the idea. Treasury Secretary Scott Bessent said Trump’s hard line on TikTok forced China to the table, and a potential Oracle role is boosting investor optimism. Auto loan negative equity hit a four-year high as consumers struggle with pandemic-inflated car values, while Amazon is testing GM’s BrightDrop vans to diversify away from Rivian. Oklo shares surged on a U.S.-UK nuclear partnership, Musk bought $1 billion worth of Tesla stock to show confidence in the company, and Ford is leaving its iconic Glass House after 70 years to move into a modern headquarters in Dearborn. 🚀 Loving the show? Leave a 5-star rating & review on Apple Podcasts, Spotify, or YouTube to help more people discover it! 📩 Want to master your money in 5 minutes or less each week? Join the Master Money Newsletter → Sign up here 🎧 Like this show? You'll love our other podcast: The Personal Finance Podcast 📲 Follow Andrew Giancola on Social Media: YouTube 🎥 Instagram 📸 TikTok 🎵 🔥 Thanks for tuning in! See you next episode. Learn more about your ad choices. Visit megaphone.fm/adchoices

It’s a busy week across tech, markets, and policy. Tesla jumped after Musk bought $1 billion worth of shares, while Nvidia faces new regulatory pressure from China over its Mellanox acquisition. Treasury Secretary Scott Bessent says the U.S. and China are close to a deal on TikTok, and Swatch mocked Trump’s tariffs with a limited-edition protest watch. Oracle soared more than 25% on AI spending tied to OpenAI, Gemini went public in a strong IPO, and Musk’s xAI cut 500 jobs in a major shift. Meanwhile, Penske Media is suing Google over its AI overviews, a case that could reshape how news is distributed online. 🚀 Loving the show? Leave a 5-star rating & review on Apple Podcasts, Spotify, or YouTube to help more people discover it! 📩 Want to master your money in 5 minutes or less each week? Join the Master Money Newsletter → Sign up here 🎧 Like this show? You'll love our other podcast: The Personal Finance Podcast 📲 Follow Andrew Giancola on Social Media: YouTube 🎥 Instagram 📸 TikTok 🎵 🔥 Thanks for tuning in! See you next episode. Learn more about your ad choices. Visit megaphone.fm/adchoices

🚀 Loving the show? Leave a 5-star rating & review on Apple Podcasts, Spotify, or YouTube to help more people discover it! 📩 Want to master your money in 5 minutes or less each week? Join the Master Money Newsletter → Sign up here 🎧 Like this show? You'll love our other podcast: The Personal Finance Podcast 📲 Follow Andrew Giancola on Social Media: YouTube 🎥 Instagram 📸 TikTok 🎵 🔥 Thanks for tuning in! See you next episode. Learn more about your ad choices. Visit megaphone.fm/adchoices

🚀 Loving the show? Leave a 5-star rating & review on Apple Podcasts, Spotify, or YouTube to help more people discover it! 📩 Want to master your money in 5 minutes or less each week? Join the Master Money Newsletter → Sign up here 🎧 Like this show? You'll love our other podcast: The Personal Finance Podcast 📲 Follow Andrew Giancola on Social Media: YouTube 🎥 Instagram 📸 TikTok 🎵 🔥 Thanks for tuning in! See you next episode. Learn more about your ad choices. Visit megaphone.fm/adchoices

Markets and headlines are buzzing. Apple unveils its latest lineup today, while the Nasdaq climbs to record highs ahead of critical inflation data. Starbucks’ CEO says the coffee chain’s comeback is underway, StubHub is planning a $9 billion IPO, and Carlyle is betting on Formula 1 for brand exposure. Planet Labs shares soared nearly 50% after posting record growth, Tesla’s U.S. EV market share hit an 8-year low, and YouTube pulled in more than 17 million viewers for its first-ever exclusive NFL broadcast. 🚀 Loving the show? Leave a 5-star rating & review on Apple Podcasts, Spotify, or YouTube to help more people discover it! 📩 Want to master your money in 5 minutes or less each week? Join the Master Money Newsletter → Sign up here 🎧 Like this show? You'll love our other podcast: The Personal Finance Podcast 📲 Follow Andrew Giancola on Social Media: YouTube 🎥 Instagram 📸 TikTok 🎵 🔥 Thanks for tuning in! See you next episode. Learn more about your ad choices. Visit megaphone.fm/adchoices

Stocks and headlines are moving across tech, housing, and entertainment. Robinhood and AppLovin are surging after being added to the S&P 500, while EchoStar scored another major spectrum deal—this time with SpaceX. The U.S. is weighing annual chip permits for Samsung and SK Hynix as trade tensions with China continue, and Hollywood is ramping up its push into gaming franchises like Call of Duty. Mortgage rates plunged to 10-month lows after soft labor data fueled Fed cut expectations, Anthropic agreed to a $1.5 billion settlement with authors over AI training data, and OpenAI is preparing to launch a jobs platform that could directly rival LinkedIn. Learn more about your ad choices. Visit megaphone.fm/adchoices

Markets are edging higher as investors brace for today’s critical jobs report, with economists expecting only modest gains in hiring and a potential uptick in unemployment, fueling speculation of September Fed rate cuts. Tesla has asked shareholders to approve a new pay package for Elon Musk that could grant him up to 12% of the company, even as competition in EVs intensifies. Broadcom shares surged on strong AI chip demand and a rumored OpenAI deal, while Lululemon stock plunged 19% after cutting guidance and citing tariffs as a headwind. Gap rallied 5% after announcing a push into the beauty market, Spirit Airlines is cutting service to a dozen cities as rivals swoop in, and bankrupt home decor chain At Home will shutter more than two dozen stores. 🚀 Loving the show? Leave a 5-star rating & review on Apple Podcasts, Spotify, or YouTube to help more people discover it! 📩 Want to master your money in 5 minutes or less each week? Join the Master Money Newsletter → Sign up here 🎧 Like this show? You'll love our other podcast: The Personal Finance Podcast 📲 Follow Andrew Giancola on Social Media: YouTube 🎥 Instagram 📸 TikTok 🎵 🔥 Thanks for tuning in! See you next episode. Learn more about your ad choices. Visit megaphone.fm/adchoices