Apple's Big Bet, Amazon's HQ2, and Facebook's News Feed Reboot
Dana Wollman, Executive Editor at Engadget, discusses Apple's announcement this week that it would invest $350 billion into the U.S. economy over the next five years. Plus, Amazon released its short list of candidates for the highly anticipated HQ2.
Wollman discusses the timing of the announcement and the types of tech jobs it would bring to the U.S. We also discuss Facebook's testing of the new algorithm for its updated News Feed that will prioritize content from family and friends over publishers. As the algorithm has been tested in other parts of the world, researchers have seen the rise of 'fake news' on the platform.
The Fed chair seems pleased with how far inflation has fallen, but according to this analyst, we could be waiting until 2025 to hit that crucial 2% goal.
While the Fed has made it clear that it won’t consider cutting rates until at least September, one analyst is expecting a whopping seven cuts in a row.
The NASDAQ’s Executive Vice President of Corporate Platforms breaks down why you’ll probably see a lot of companies going public in September and December.