A Partner of Chance the Rapper Wants to Shake-Up the Record Label Industry
Veteran record executive Steve Stoute, who's partnered on philanthropic endeavors with Chance the Rapper and Kevin Durant, has decided to remove the middleman between musicians and their fan base. He says his new company, UnitedMasters, will change the record label industry.
For full interview [click here](https://cheddar.com/videos/unitedmasters-and-steve-stoute-play-a-different-tune).
Ahead of the release of October's consumer inflation data Tuesday, you may notice changes from the Bureau of Labor Statistics. When it comes to how it estimates health insurance costs, the move is expected to give a boost to the U.S. inflation measure which will reverse a trend that has provided some relief.
A handful of retailers will report earnings this week, including Home Depot, Target, Walmart and Macy's, as gas prices peaked in September to the end of this latest quarter while borrowing costs remain at their highest levels in decades.
