What's Next for "Shahs of Sunset" Real Estate Mogul Mercedes Javid
Bravo's "Shahs of Sunset" star Mercedes "MJ" Javid confirms to Cheddar that the show will be renewed for a seventh season. She sat down with Alyssa Julya Smith in Los Angeles to talk about building her own brand, including the recent launch of her new lipstick line “Liquid Lips By MJ."
She also touched on her thriving real estate business, and talked about the need for young people to get their finances together. She thinks the best way to do this is to get out of the rent cycle, and purchase property. She says that while the number of millennials purchasing property isn't high yet, she is starting to see some movement from young buyers in Los Angeles.
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.