Segment 1: Julie Smolyansky, CEO of Lifeway Foods, joins John Williams to talk about National Kefir Day, what they are doing to celebrate 40 years in business, how the company brought Kefir to the United States, the cultural relevancy of Lifeway Kefir, how much the company has grown, the expansion into other products, the health benefits of Kefir, and their appearance at Lollapalooza this year!

Segment 2: Michael Miller, Economics Professor, Western Washington University and Professor Emeritus at DePaul University, chats with John about the Fed decision to keep interest rates steady, why President Trump wants interest rates lower, the resiliency of the labor market, the argument against lowering rates, and the economics of tariffs.