Self-made shoe mogul Steve Madden “really loves” Cardi B.
“She’s a very thoughtful woman,” the businessman said Friday. “She’s very thoughtful about her life and hopefully about her love life, and I’m rooting for her.”
Both Madden and the rapper, born Belcalis Almanzar, launched their careers from humble beginnings. The performer was an exotic dancer and Instagram personality before joining the cast of VH1’s “Love & Hip Hop: New York” and going on to become a Grammy Award nominee. Madden, meanwhile, built his eponymous shoe empire off a $1,100 investment.
He and Cardi B collaborated on a sunglass and shoe collection last December, and Madden says there are more projects in the pipeline.
“She’s a great person,” he said. “She’s an aspirational figure.”
As for what he hope to learn from her?
“She’s gonna teach me how to dance.”
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.
