Starbucks CEO Shake-up, Inflation in Check?, Middle East Tensions 8/13/24

Starbucks shocking the business world today by ousting their CEO in favor of Chipotle’s chief executive Brian Niccol. We have Wall Street’s reaction, the bottom line for investors, and leadership lessons to take away. Plus, this morning’s wholesale inflation report came in lighter-than-expected, but is it enough to derail a rate hike from the Fed next month? And we’ll look at the price action in commodities as tensions in the Middle East ramp up.