Chat Sports' James Yoder on the College Football Championship Game
CEO and Founder of Chat Sports James Yoder talks Trump and the thrilling NCAA Football national championship. Yoder says some fans were delayed getting into the stadium by as much as 45 minutes thanks to the President's presence. Traffic also came to a standstill in downtown Atlanta.
The Alabama-Georgia title game featured the most expensive ticket in the game's history, with StubHub citing an average ticket price of $2,300, 41% higher than the last five championship games. Georgia's playing in their home state and Alabama's Tuscaloosa campus being just 200 miles away contributed to the high demand and inflated prices.
Yoder says both teams are still loaded with talent, and expects both schools to contend for the championship once again next season.
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.