Fed's Big Rate Cut, 23andMe's Fallout, and Lionsgate's Runway AI Deal

Discover Daily by Perplexity - A podcast by Perplexity

We'd love to hear from you! Send us a text message.In this episode of "Discover Daily" by Perplexity, we explore the Federal Reserve's lowering of its key interest rate by half a percentage point, signaling a shift in monetary policy. We delve into the implications for the economy, housing market, and inflation, as well as the criticism from some economists who argue the cut may be premature. We also examine the leadership crisis at 23andMe, where all seven independent directors resigned...