Etsy is celebrating International Women's Day by supporting the female entrepreneurs who use its platform every day. 87% of the sellers on Etsy are women.
Kruti Patel Goyal is the General Manager of Seller Services at the company. She joins Cheddar to explain how and why Etsy is committed to promoting women and female entrepreneurs. The e-commerce site is committed to helping women build their ideal businesses on the platform. In fact, 1/3 of the female sellers on Etsy treat their business as their full-time job.
Internally, Etsy is also committed to promoting female leadership. 5 out of the 8 directors are women, making it one of the few public tech companies with gender parity on the board.
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.
