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The S&P 500 and Nasdaq both end the quarter at new highs. Plus: Robinhood Markets shares surged after it launched new cryptocurrency services. And shares of building-products distributor GMS jumped after Home Depot won a bidding war to buy the company. Danny Lewis hosts.
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A recession is defined by negative economic activity over several months with an accompanying decline in GDP. However, given the actual makeup of GDP, it is inaccurate to directly tie recessions to GDP at all.
Original article: https://mises.org/mises-wire/why-recessions-are-not-about-declining-gdp
Nike stock moves higher after Q4 earnings.
Andy Cross and Jason Hall discuss
- Why Nike stock rallied after its latest earnings
- Also: Home Depot to buy GMS for $5.5 billion
- And will F1 the Movie drive Apple’s stock?
Companies discussed: NKE, HD, GMS, QXO, AAPL, NFLX, AMZN
Host: Andy Cross
Guests: Jason Hall
Engineer: Dan Boyd
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Plus: Apple delays rolling out some features to European users. And Robinhood launches new crypto services. Katie Deighton hosts.
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We’ve been a bit obsessed with the GOP’s budget bill lately. And with a Senate vote expected any day now, we’re keeping a close eye on the debate. We’ll break down how the GOP is playing with the numbers to make the bill look less costly on paper than it actually is. Plus, Gen Z’s not just good at memes and TikTok, they’re better at saving for retirement than millllenials. So how’d they do it? And a mildly terrifying story with a happy ending!
Here’s everything we talked about:
“Senate Republicans reject Democrats' accounting baseline challenge” from POLITICO
“A List of Nearly Everything in the Senate G.O.P. Bill, and How Much It Would Cost or Save” from The New York Times
Questions? Thoughts? Suggestions? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART and we just might feature it on the show!
By Joyce Sutphen
Host Jennifer Sanasie breaks down the latest news in the crypto industry as President Trump said he would 'love' it if Fed Chair Powell were to resign.
Bitcoin is trading near the $107,500 level as Donald Trump reiterated his desire for interest rates to be cut to 1%. Additionally, the President said he would 'love' it if Fed Chair Powell were to resign. Plus, Michael Saylor's Strategy bought 4,980 BTC last week and Spanish arrested 5 members from a suspected $540 million crypto fraud operation. CoinDesk’s Jennifer Sanasie hosts “CoinDesk Daily.”
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Ledn is the leading platform for Bitcoin-backed loans, offering a secure and transparent way to unlock liquidity without selling your Bitcoin. Ledn has issued over $9 billion in loans since 2018 and has never lost a single satoshi of client assets, earning a reputation as the name you can trust in the crypto space.
Visit ledn.io to learn more.
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This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.
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Plus: Senate Republicans kick off a marathon session to pass the “big, beautiful” tax-and-spending bill by July 4th. And Robinhood Markets makes a big push into crypto. Alex Ossola hosts.
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