J.D. Durkin joins us live from D.C. with the latest on the looming government shutdown, and President Trump's efforts to take credit for advances in the aviation industry.
Taylor Swift is getting a bad reputation with her fans.
The star is catching flack for markups and gimmicks used in marketing her upcoming world tour. Not a single of swift's 33 North American dates have sold out since going on sale on December 13th. Fans blame Ticketmaster's Verified Fans program for their frustration. The program required fans to pre-register, and gave ticket-buyers the chance to improve their spot in line by buying merchandise.
Snapchat may soon follow YouTube's ad strategy after the company's ad sales team found that users often skip an ad within the first one second of its stream. The social media platform may start implementing a mandatory three-seconds of commercial space before users can 'skip' ahead of content.
An independent watchdog within the IRS reports that while taxpayer services have vastly improved, the agency is still too slow to resolve identity theft cases. And National Taxpayer Advocate Erin Collins says those delays are “unconscionable.” Erin M. Collins said in the report released Wednesday that overall the 2024 filing season went smoothly, though IRS delays in resolving identity theft victim assistance cases are worsening. It took nearly 19 months to resolve self-reported identity theft cases as of January, and Wednesday's report states that now it takes 22 months to resolve these cases.
Amazon.com Inc. surpassed $2 trillion in market value for the first time in afternoon trading on Wednesday. The push higher for Amazon’s stock market valuation comes a little more than a week after Nvidia hit $3 trillion and briefly became the most valuable company on Wall Street. Nvidia’s chips are used to power many AI application and its valuation has soared as a result. Amazon has also been making big investments in AI as global interest has grown in the technology. Most of the company’s focus has been on business-focused products.