Chili's is back (baby back, baby back)

This episode of Marketplace covers several business and economic news stories. The program begins with an analysis of Federal Reserve Chair Powell's recent speech, focusing on the likelihood of a September interest rate cut and the Fed's evolving views on inflation and the labor market. The discussion includes the potential impact of tariffs and economic uncertainty. The show also explores how car companies are navigating tariffs and new model year pricing, as well as Chili's recent success and marketing strategies. Additionally, the podcast examines the increasing electricity demands of AI data centers and the potential cost implications for consumers. Finally, there is a discussion on the current state of the housing market, noting a slight uptick in sales but overall continued sluggishness. The episode concludes with a note on the Trump administration's interest in acquiring a stake in Intel.