An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.
Restaurants are starting to see a drop in traffic and pressure from higher commodity prices and labor costs. So, it’s no surprise restaurant stocks are down big this year, but the size of the drop in names like Cava and Chipotle are shocking. Plus, we cover the one restaurant tech stock you need to know.
Travis Hoium, Lou Whiteman, and Rachel Warren discuss:
- Cava’s big earnings drop
- Why Chipotle has struggled
- Restaurants as an economic warning
- 1 restaurant tech stock that’s still growing
Companies discussed: Cava (CAVA), Chipotle (CMG),
Host: Travis Hoium
Guests: Lou Whiteman, Rachel Warren
Engineer: Dan Boyd
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President Trump has called for the resignation of Intel’s CEO, Lip-Bu Tan. Tan played a key role in building up China’s chip industry, earning him the nickname “Mr. Chip.” Now his ties to China have opened him up to criticism, just as he’s struggling to turn Intel’s business around. WSJ’s Stu Woo explains how Tan attracted the President’s attention, and what it says about the ongoing U.S.-China tech rivalry. Annie Minoff hosts.
The U.S. undertakes the census every 10 years. Hundreds of thousands of Census workers set out to count everyone living in the U.S., regardless of their citizenship status.
Over the past 200 days (the first 200 of the second Trump term) many details have come to light that confirmed things that for years had been dismissed as “conspiracy theories.” Just this week, details that show that the FBI, under Trump’s own AG, Jeff Sessions, had whistleblower testimony that they failed to follow up on regarding classified document leaks from then-Congressman Adam Schiff that were leaked to trigger embarrassing investigations into the President in time to impact the 2018 mid-term elections. Also this week, the Capitol Police Chief finally spoke out and confirmed that the President had asked for the National Guard be deployed to the Capitol building on January third. Three days before the deadly riots.
Stories like this come from courageous independent investigative reporters like John Soloman at ‘justthenews.com’ our guest, Walter Curt of ‘WCdispatch.com’ who shares with us two stories. The first is of two teenage girls who allege that they were taken to get abortions by Fairfax County school officials without alerting their parents. Just now, we are learning that Governor Youngkin has announced that he is “directing the Virginia State police bureau of criminal investigation to open a full criminal investigation.” The second regards a group of former US intelligence officers that call themselves “the Steady State” who have endorsed their former co-worker in the intelligence field, Abigail Spanberger, for Virginia Governor.
Plus: New York AG picks up lawsuit against Zelle that was abandoned by the Trump administration. And OpenAI CEO Sam Altman responds to criticisms of GPT-5. Julie Chang hosts.
Tim Cook groveling to Trump with a golden trophy and a dash of MAGA identity politics is probably a sign that we are not currently living in a healthy free-market economy. But business leaders apparently prefer pathetically sucking up to a president than feeling snubbed by one, like they did with Biden. And despite the sluggish job growth, rising prices, and tariff uncertainty, they also say the economy is absolutely totally better than it was in 2024— because they are heavily invested in the TACO rule. Plus, crypto advice, morality never gets in the way of a solid balance sheet, and a debate over whether Trump is dialing back his masked-men deportation regime. Also, is Sam Altman trying to make ChatGPT addictive?
Jason Calacanis joins Tim Miller to shed light on what the business world is thinking right now. Show notes:
Join Washington Examiner Senior Writer David Harsanyi and Federalist Editor-In-Chief Mollie Hemingway as they discuss President Donald Trump's plans to take back Washington D.C., analyze the implications of Trump's Alaska meeting with Vladimir Putin, and review more Obamagate developments. Mollie and David also share some of their summer reads and preview Mollie's book Alito: The Justice Who Reshaped the Supreme Court and Restored the Constitution.
If you care about combating the corrupt media that continue to inflict devastating damage, please give a gift to help The Federalist do the real journalism America needs.
The summer of 1945 saw three nuclear explosions that ushered in a new era of experimentation, development, and fear when it comes to the potential for such a powerful weapon. Native people are among those suffering the most from the consequences of that path. The first test of the atomic bomb at the Trinity site in New Mexico, and the subsequent use of the bombs on Hiroshima and Nagasaki, signaled the U.S. Government’s new push to develop nuclear weapons, fueled by millions of tons of uranium ore mined near Native land in New Mexico and Arizona. And ongoing nuclear tests exposed thousands of Native people in the Southwest and in Alaska to dangerous levels of radiation. We’ll explore the ongoing effects on Native people of nuclear weapons and power development, in this encore presentation.