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Ep. 43: The Mummy Economy? Plus: Burger King's Belgian Game Of Thrones

  • Broadcast in Finance
Offbeat Wall Street

Offbeat Wall Street


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This week, with The Mummy marking another in Hollywood's unending series of sequels and unnecessary reboots, we're honoring the ancient dark magic that keeps Tom Cruise's career going.  We're asking the question: is the U.S. economy undead?  

Earlier this month we got jobs data.  The stats showed that employment growth last month was weaker than expected.  However, the unemployment rate ticked to its lowest level in more than a decade and a half.  

We take a deep dive into the data and look at what it means for the economy as a whole.  We also preview this week's Federal Reserve meeting.  The central bank is almost universally expected to announce another increase in interest rates.  But we take a longer view, and look at how Fed policy could shape up for the rest of the year.

And as always, we excavate some of Wall Street's dustier tombs...

We've got false advertising from the Honest Company.  We've got Walmart beginning to use employees for deliveries, while getting rid of employees for pick ups.  We've got an end of driving tests on the horizon.  And we've got Burger King taking its shot of the iron throne of Belgium.