US-China Trade War Reignited? & The Bankruptcy Shaking Wall St.

Episode 691: Neal and Toby unpack the latest chapter in the US-China trade war and how markets reacted to tensions renewed. Then, auto-parts supplier First Brands has its CEO step down after a financial implosion leaves billions of dollars of debt. Next, the Nobel prize is awarded to 3 economists who introduced the concept of “creative destruction” to describe the economic growth made by innovations. Meanwhile, recently fired Penn State coach James Franklin gets paid an exorbitant amount to leave. Finally, what you need to know in the week ahead.  00:00 - Trivia night 3:15 - Trade war renewed 8:15 - First Brands implodes 12:30 - Nobel Prize goes to economists 18:30 - James Franklin gets $45M buyout 22:30 - Week Ahead Get your paper tablet at https://www.remarkable.com today Get your MBD live show tickets here! https://www.tinyurl.com/MBD-HOLIDAY  Subscribe to Morning Brew Daily for more of the news you need to start your day. Share the show with a friend, and leave us a review on your favorite podcast app. Listen to Morning Brew Daily Here:⁠ ⁠⁠https://www.swap.fm/l/mbd-note⁠⁠⁠  Watch Morning Brew Daily Here:⁠ ⁠⁠https://www.youtube.com/@MorningBrewDailyShow⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices