Apple is planning to invest big in the U.S. economy over the next five years. The company announced a $350 billion dollar investment, including the construction of a new campus and the addition of 20,000 new jobs. President Donald Trump is taking credit for this move because of the new tax reform legislation.
Amazon announces a list of 20 candidates for its HQ2. Some of the cities still in the running are Atlanta, Washington D.C., Miami, Los Angeles, and Chicago, just to name a few. The company will make a final decision later this year.
Carter Reum, entrepreneur and author of the new book "Shortcut Your Startup," joins us to share his tips on turning your idea into a successful business. Reum and his brother Courtney have invested in a number of successful startups such as Lyft, Pinterest, and SpaceX. He tells aspiring entrepreneurs to keep a close eye on crowdfunding platforms such as Crowdfunder and CircleUp for good investment advice.
Plus, we get the latest on the fight to preserve net neutrality. Sarah Morris, Director of Open Internet Policy at New America's Open Technology Institute, talks about the lawsuits now facing the FCC in response to its decision to repeal Obama-era regulations.
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.