Much of the movement of the S&P 500 stock index is driven by just seven stocks. Known as the “Magnificent Seven,” they comprise Nvidia, Apple, Microsoft, Amazon, Meta, Alphabet, and Tesla, and are valued at around $20 trillion. Is this a bubble ready to burst? An overvaluation? Or something else entirely? But before we get to that story, we'll learn more about the first court hearing in a case that tests the Federal Reserve's independence.
Marketplace All-in-One - Goodbye, cheap online shopping
From the BBC World Service: The United States has ended a long-running global tax exemption on imports worth $800 or less. It's kept goods purchased online inexpensive for many American shoppers. We'll hear more. Then, the Japanese defense ministry wants to triple spending on drone manufacturing as part of a $60 billion budget request. And, the last newspaper hawker in Paris has been honored with the Order of Merit by French President Emmanuel Macron.
Reset with Sasha-Ann Simons - Summer Highlights From Reset!
As the summer winds down, we wanted to share some highlights of conversations we’ve had on Reset over the last few months. From our immigration series to conversations with music legends to sitting down with Sasha's mom, we’re looking back on an eventful season.
For a full archive of Reset interviews, head over to wbez.org/reset.
The Intelligence from The Economist - Split ends: political in-fighting in Israel
Prime minister Bibi Netanyahu is focused on his own political survival. Our correspondent explains how strategic differences within Israel have shaped the war in Gaza. As the new college sports season kicks off in America, players will be paid for the first time, upending the industry’s economics. And remembering Sen Genshitsu, 15th master of the Urasenke tea ceremony.
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WSJ Minute Briefing - Alibaba Has a New Made-in-China Chip
Plus: The Trump administration’s trade policies are starting to hit Americans’ wallets as a number of retailers raise prices. And, Caterpillar shares dip in offhours trading after the company says tariffs will have a bigger impact on its bottom line than previous estimates. Azhar Sukri hosts.
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Freakonomics Radio Archives - Freakonomics - Has America Lost Its Appetite for the Common Good?
Patrick Deneen, a political philosopher at Notre Dame, says yes. He was a Democrat for years, and has now come to be seen as an “ideological guru” of the Trump administration. But that only tells half the story…
The post Has America Lost Its Appetite for the Common Good? appeared first on Freakonomics.
array(3) { [0]=> string(0) "" [1]=> string(0) "" [2]=> int(0) }Headlines From The Times - Russian Strikes Hit Kyiv, Trans Athlete Spurs School Forfeits, Torrance PD Reform, ICE Raids to Escalate
Russia launched one of its largest airstrikes on Kyiv since the war began, killing at least 18 and injuring dozens, with missiles striking government buildings and international offices. In Southern California, three high schools forfeited volleyball matches rather than face a team with a transgender athlete, thrusting a 17-year-old student into the spotlight of a national debate. California’s Attorney General announced a reform agreement with the Torrance Police Department after a racist text scandal exposed nearly a dozen officers. Meanwhile, federal officials say immigration raids will “ramp up” in Los Angeles and other sanctuary cities, with Chicago possibly next on the list. In business, AI company Anthropic settled a copyright lawsuit with authors and a Stanford study found entry-level coders face steep employment outlooks as AI adoption spreads.
Stuff They Don't Want You To Know - The Anunnaki, Chapter Three: A Future in the Sky?
Oh, praise Enlil! This is our final -- for now -- episode on the concept of the Anunnaki. 'Ben,' Matt, and Noel explore the arguments for 'ancient aliens,' while also discovering real-life, current astronomical information that just might prove a princely seed of truth to all those tall tales of old.
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array(3) { [0]=> string(150) "https://www.omnycontent.com/d/programs/e73c998e-6e60-432f-8610-ae210140c5b1/2e824128-fbd5-4c9e-9a57-ae2f0056b0c4/image.jpg?t=1749831085&size=Large" [1]=> string(10) "image/jpeg" [2]=> int(0) }Marketplace All-in-One - Bytes: Week in Review – Spotify is sliding into our DMs
Chipmaker NVIDIA reported quarterly earnings this week and they were strong - better than expected, even. NVIDIA's sales rose last quarter by over 50% though its data center business was a little softer than expected. So why did share prices fall? Plus, OpenAI says it's updating ChatGPT to better handle mental distress. And Spotify is sliding into our DMs. The music streamer has launched a messaging system on its platform. Marketplace’s Meghan McCarty Carino spoke with Jewel Burks Solomon, managing partner at Collab Capital, about all these headlines for this week’s Marketplace Tech Bytes: Week in Review.
WSJ What’s News - Alibaba Develops a New AI Chip to Fill Nvidia Void
A.M. Edition for Aug 29. Alibaba’s new chip will be made in China and seeks to offer an alternative to Nvidia’s H20, as local companies work to build up an arsenal of homegrown technology. Plus, President Trump’s trade policy, as well as higher commodity costs, are starting to trickle down to Americans’ wallets, with a number of major U.S. firms saying they are raising prices on household staples. And WSJ columnist James Mackintosh explains why markets aren’t panicking about President Trump’s efforts to remove the Federal Reserve’s Lisa Cook. Azhar Sukri hosts.
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