What's the new normal for global oil?
Summary
This episode examines how Middle East tensions have pushed US oil prices above $100, driving up inflation in trucking and consumer goods. The report also covers the impact of tariffs on small businesses and the US solar industry's efforts to localize manufacturing. Additionally, the show discusses AI's role in accelerating drug discovery while navigating regulatory bottlenecks, and features a listener who quit his job to renovate a home.
Topics discussed
Sponsors: Century Insurance and Pega AI
Oil prices surge past $100 due to Middle East conflict
Rising trucking costs and inflation impact on businesses
Small business owner navigates tariff refunds and hiring
US solar industry expansion and new polysilicon tariffs
Market numbers: Dow, Nasdaq, and retail earnings
Sponsors: Gusto Payroll and University of Illinois MBA
AI in drug discovery: Speed vs. regulatory bottlenecks
Clocked Out: Construction worker quits job to renovate home
Refundflation: Rising fees for retail returns
Sponsor: Capital One Saver Card
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