Weekly Business News For July 26 | The Biggest Failures in History: CrowdStrike Tech Issue and Kamala’s Nomination
Weekly Business News For July 26 | The Biggest Failures in History: CrowdStrike Tech Issue and Kamala’s Nomination  
Podcast: Right About Now with Ryan Alford
Published On: Fri Jul 26 2024
Description: TAKEAWAYSCurrent political landscape and commentary on President Joe Biden and Vice President Kamala Harris.Analysis of the implications of political decisions on small businesses and the economy.Discussion of a recent significant tech outage caused by a software update and its impact on daily life.Observations on the reliance on technology and the potential vulnerabilities it presents.The intersection of business and politics, including endorsements and public statements by business leaders.Concerns about job displacement due to automation and advancements in technology.The importance of critical thinking regarding political narratives and public perception.The need for better safeguards and contingency plans in technology infrastructure.Reflections on community support and engagement in navigating complex issues.Encouragement for listeners to stay informed and proactive in their personal and professional lives.TIMESTAMPSIntroduction to the Episode (00:00:00)Ryan Alford introduces the podcast and its focus on business news.Welcome and Banter (00:00:23)Ryan and Chris greet each other and discuss the previous week's feedback.Political Commentary (00:04:10)Ryan discusses Kamala Harris's political standing and the implications for Biden's presidency.Feedback on Political Views (00:05:40)Chris shares observations on the mixed reactions to their political commentary.Business and Political Impacts (00:09:01)Ryan highlights the intersection of politics and business, focusing on inflation and economic challenges.Introduction of Brianna Hall (00:12:49)Brianna is introduced as a new producer for the show.Tech Outage Discussion (00:12:50)Ryan and Chris discuss a major tech outage that affected many services.Personal Experiences with the Outage (00:14:39)Ryan shares his experience with Xbox Live going down due to the tech outage.Impact of the Outage (00:17:18)Discussion on the widespread consequences of the tech failure on various sectors.Casualness of Political Communication (00:19:30)Ryan questions the casual handling of serious political matters in the current administration.Strategic Political Moves (00:21:27)Ryan and Chris speculate on the strategic planning behind political communications and endorsements.Business Leaders React to Biden's Exit (23:35)Discussion on political leaders' calls for Biden's removal and support for Kamala Harris.Endorsement of Donald Trump (24:51)Ryan Alford shares his support for Donald Trump amidst political controversies.Elon Musk's Business Decisions (26:50)Insight into Elon Musk's endorsement choices and their implications for his businesses.Tesla's Humanoid Robot Update (28:26)Details on Tesla's Optimus robot and its intended uses in various industries.Impact of Robots on Jobs (30:13)Concerns about job displacement due to automation in construction and housekeeping.McDonald's $5 Meal Deal Extension (35:58)Discussion on McDonald's extending their meal deal in response to inflation and customer needs.Stock Market Reactions (37:45)Analysis of stock market fluctuations following political events, including an assassination attempt.Crypto Market Performance (39:42)Overview of the crypto market's response to recent political events and trends.Introduction of Brianna Hall (41:59)Brianna shares her background and reasons for moving to South Carolina.Final Thoughts and Closing (42:56)Encouragement for listeners to stay active and engaged in their lives. If you enjoyed this episode and want to learn more, join Ryan’s newsletter https://ryanalford.com/newsletter/ to get Ferrari level advice daily for FREE.  Learn how to build a 7 figure business from your personal brand by signing up for a FREE introduction to personal branding https://ryanalford.com/personalbranding.  Learn more by visiting our website at www.ryanisright.comSubscribe to our YouTube channel  www.youtube.com/@RightAboutNowwithRyanAlford.