Market Trends & Economic Policy - The S&P 500 is up by 0.1%, Dow Jones up by about 0.4%, while the NASDAQ Composite Index is lower by approximately 0.2% [3][4] - The 10-year Treasury yield is at 4.16%, and the 2-year Treasury yield is at 3.58% [5] - The Federal Reserve is expected to make a decision on interest rates, with anticipation of a 25 basis points cut [2][41][46] - Discussions around affordability and inflation are ongoing in Washington, with the President addressing the issue [41][42] Company & Financial News - NVIDIA shares are trading lower, down by 1% [7] - Ryan Cohen has pleaded guilty to defrauding hedge fund investors of about $300 million [8] - Radio industry made $14 billion, while artists receive zero pennies for radio airplay [20][23][32] Regulatory & Legal Issues - Gene Simmons testified on Capitol Hill for music royalties, advocating for the American Music Fairness Act [2][12][13][39] - The American Music Fairness Act aims to ensure that artists are paid for their music played on AM and FM radio [13][17][18][33] - Concerns are raised about AI regulation, with a call for federal laws to encompass AI and address issues like IP ownership [34][35][36] Geopolitical & Business Strategy - Chinese AI startup DeepSeek is reportedly relying on NVIDIA chips, potentially smuggled into China, to develop an AI model [6] - Gene Simmons sold his publishing rights to Pop House, a Swedish company, for a sum large enough to buy Rhode Island [28][29]

Let's get to Bloomberg's Michael McKee with that Fed rate decision. The most divided Fed since before the pandemic voted to lower the benchmark rate by 25 basis points as investors expected. But there were three dissents for the first time since 2019.And on the dot plot, a total of six members of the committee suggested they were not in favor of lowering rates. There's also a hawkish line in the statement in considering the extent and timing of additional adjustments to the target range, bringing back langu ...

You spent the week in Washington. Thanks for making us part of it. Well, it's my pleasure.And people are shocked. I'll try to encapsulate what all of this is for. And oh, that's a big word like gymnasium.Look, I don't care what kind of music you listen to, but the American music. Let's just stop at that point. American music means we created and invested, invented the music of planet Earth, rock and roll, blues, jazz, hip hop, country and western, all invented and created.Here. Our stars are the stars of pl ...

This partnership is testament to just the extraordinary commercial momentum behind women's tennis and the global appeal of the WT tour. Um we have uh an incredible history but also we have a very brilliant future as I said um you know um we announced it um last year. We have a kind of a goal to triple uh the value of WTA to triple commercial revenue by 2029.And a partnership like this along with all of the other partnerships that we've um been able to sign this year really put put us on track firmly on trac ...

New York state prosecutors on Tuesday released a video excerpt of the first police encounter in December 2024 with Luigi Mangione, then the main suspect in the New York shooting of a health-care executive five days earlier. The video shows Joseph Detwiler, an officer in Altoona, Pennsylvania, questioning Mangione. A McDonald’s restaurant manager had called police to say he resembled the suspect wanted for the killing of UnitedHealth Group Inc. executive Brian Thompson on Dec. 4, 2024. -------- More on Bloom ...

So let's start about that 199 a gallon. It might be great for a lot of people in terms of filling up their gas tanks. A real question around drill, baby, drill, and how much you're incentivized to increase production given the lower cost of oil.Well, you know, we make our investment plans on a long term basis. We look at supply and demand well out into the future. And so the price of oil today can affect short term financial performance of the company, but it really doesn't play as much in some of the longe ...

Let's talk about film. Um, I Barbie had a movie a few years ago which turned out to be spectacularly successful, was nominated for Academy Awards and it did incredible at the box office. I assume you were behind that because you have a background in that area.Was that your idea to do a Barbie film. Well, it was part of uh our strategy and yes, three weeks after I started after I joined the company, we started that journey. The goal was not simply to create a movie and it wasn't a movie that was designed to ...

The story was Metaypically is they hire ex-AI experts from Apple they've hired up so much talent you'd think that they have an insane bench and that things are going smoothly. Does this suggest that things are not going so smoothly with matter and their development of their offering. Well, in the first instance when the story had there was a kind of strange algo spike and then drop in the shares, but we're now down one and a half percent, so it's difficult to interpret the markets.Read a matter shifting to ...

What is your thought on this when the president says affordability is a Democrat con job. Are you part of that con. It's absurd.It's one thing for the president to try to gaslight the American people about the immigrants that they're deporting who are almost all nonviolent non criminals or some bogus accusation about the Department of Justice or whatever. But you can't lie to people about their pocketbooks. People are feeling it every week, every month.They have to make ends meet. And this president is maki ...

THE FED. LET'S GET BACK TO THE FED. THE ONLY STORY WE NEED TO FOCUS ON TODAY.SKYLAR IS HERE. THE STORY HAS EVOLVED AND JOBS IS BETTER. THE LABOR MARKET DOESN'T LOOK AS CHALLENGING.IS THERE FOR MORE OF A CASE TODAY THAN YESTERDAY FOR THIS HAWKISH CUT THE MARKET IS LOOKING FOR. ON THE AGREGATE THE DATA HAS BEEN PRETTY GOOD FOR A WHILE NOW. ACTUALLY WE GOT MORE OF A SHIFT EARLIER IN THE WEEK AND WE ARE GETTING HAWKISH PREPOSITIONING THIS WEEK AS WE START TO THINK ABOUT HIKES NEXT YEAR.GUY: HIKES FROM THE FED. ...