Bitcoin is boosting more than people's wallets. It's also causing a surge in app store rankings. Coinbase, an app that lets you buy the cryptocurrency, now has the number one spot in the app store. The milestone coming as the price of Bitcoin soared past 17 thousand dollars Thursday, a 20 percent price jump in just 24 hours.
Ain't no party like a Silicon Valley party because Silicon Valley parties hire models to mingle with guests. Local modelling agencies say tech companies are paying models to chat up attendees. The trend is an effort to even up the gender ratios at the mostly all-male holiday parties
Run, run Rudolph, all the way to Starbucks! The new Christmas Tree Frappucino went on sale Thursday, and you can only get it until December 11th. The peppermint-mocha blended frapp is topped with light green whipped cream and decorated with caramel, candied cranberries and sliced strawberries. The seasonal drink has 490 calories and 68 grams of sugar for a venti.
President Donald Trump said he has decided to lower his combined tariff rates on imports of Chinese goods to 47% after talks with Chinese leader Xi Jinping on curbing fentanyl trafficking.
Universal Music Group and AI platform Udio have settled a copyright lawsuit and will collaborate on a new music creation and streaming platform. The companies announced on Wednesday that they reached a compensatory legal settlement and new licensing agreements. These agreements aim to provide more revenue opportunities for Universal's artists and songwriters. The rise of AI song generation tools like Udio has disrupted the music streaming industry, leading to accusations from record labels. This deal marks the first since Universal and others sued Udio and Suno last year. Financial terms of the settlement weren't disclosed.
Nvidia on Wednesday became the first public company to reach a market capitalization of $5 trillion. The ravenous appetite for the Silicon Valley company’s chips is the main reason that the company’s stock price has increased so rapidly since early 2023.
Chris Williamson, Chief Business Economist at S&P Global, breaks down September’s CPI print and inflation trends, explaining what it means for markets.
