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Markets & Money Today | 2 Min News | The Daily News Now!

The Daily News Now!

Stay informed with the latest business, stock market, and finance headlines, updates, and breaking stories delivered daily in quick, engaging episodes. Subscribe!The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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All Episodes

1:52

HELOC Rates Drop, Home Equity Soars

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/15

Discover the current HELOC interest rates, averaging 7.64%, with a slight decrease since October. Explore introductory rates, often lower for a set period. Homeowners hold over $34 trillion in equity, with many hesitant to sell due to high mortgage rates. Accessing equity through a HELOC can be a smart alternative, allowing homeowners to tap into their propertys value without refinancing. Lenders determine HELOC rates based on an index rate, often the prime rate, plus a margin. When shopping for a

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1:29

Maximize Savings with High-Yield Money Market Accounts

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/15

Exploring Money Market Accounts: Higher Rates, Fewer RestrictionsThis podcast episode delves into the benefits of money market accounts, currently offering rates up to four percent APY, a significant increase from three years ago. Experts warn these rates might not last, making now an ideal time to open an account and maximize earnings. With a ten thousand dollar investment, a high-yield account could earn over four hundred dollars in interest annually, compared to fifty-nine dollars at the average

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1:53

Eli Lilly CEO's AI-Driven Science Quest

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/15

Eli Lilly CEO David Ricks leverages AI in meetings, preferring models like Anthropics Claude and xAIs Grok for scientific inquiries. Despite AIs potential, he believes its still early days in drug development, citing the need for a more comprehensive biological knowledge base and significant investment in robotics for data generation.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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1:31

Inflation: A Tool for Managing National Debt?

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/15

Exploring the challenges of reducing national debt, we delve into traditional methods like budget surpluses and economic growth, finding them difficult in todays complex world. We then examine inflation as a potential tool, where rising prices could decrease the real value of debt. However, this strategy is not without its drawbacks, as higher interest rates can offset any benefits. Ultimately, inflation may be the most practical way to manage debt, but only if governments can keep interest rates in

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1:41

BRICS Gains Energy Amid Trade Tensions

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/15

BRICS group, including Brazil, Russia, India, China, and South Africa, gains momentum amidst trade tensions and sanctions. With ten members, theyre strengthening trade and financial ties, creating alternatives to Western systems. New Development Bank, part of BRICS, is growing, rivaling IMF and World Bank. Trade within the group surges, with China as top trading partner. Expansion in 2024 boosts global standing, controlling significant oil and rare earth reserves.The Daily News Now! — Every city

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1:54

K-Shaped Economy: Wealth Gap Widens

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/15

The podcast delves into the K-shaped economy, a term illustrating the growing divide between high and low-income Americans. This concept, represented by the letter K, shows how the wealthy are thriving while lower-income individuals are struggling. The economic policies driving this divergence are discussed, with Diane Swonk, chief economist for KPMG US, highlighting the harmful impact of inequality on economic growth. Real-world examples, such as Chipotles CEO noting the disproportionate effect of

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1:42

Tesla Shifts Away from Chinese Parts

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/15

Tesla and other automakers are shifting away from Chinese-made parts, aiming to reduce reliance on China amidst unpredictable tariffs and supply chain disruptions. Tesla plans to completely move away from Chinese-made components within one to two years, while General Motors has already instructed suppliers to remove China-made parts. This trend follows a drop in Teslas China-made vehicle sales and production decreases from its Shanghai plant.The Daily News Now! — Every city. Every story. AI-powered

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1:30

Prenups: Modern Love's Financial Safety Net

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/15

Prenuptial agreements are gaining popularity, especially among younger generations, as a practical part of financial planning. Kamila Staryga, a tech founder, shares her experience of getting a prenup, viewing it as a way to prepare for potential challenges. New data shows that women are more likely to initiate prenups, reflecting a shift in financial dynamics. Ultimately, prenups can be seen as a way to protect each other from future conflicts and set clear boundaries in a relationship.The Daily

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2:12

Google's Gemini 3.0: AI Rollout Shakes Up Industry

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/15

Googles Gemini three point zero AI model is set to launch, potentially revolutionizing the AI landscape. After a strategic pivot integrating AI into core products, Google has seen a surge in Gemini users and maintained its advertising business. With a full-stack approach, Google could challenge competitors like OpenAI, leveraging its extensive infrastructure and research investments.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more

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2:03

China's AI Efficiency Outpaces US Spending

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/15

New research reveals a surprising trend in AI spending: Chinese tech companies spent significantly less than their American counterparts from 2023-2025. Despite this, Chinese firms like Alibaba and Tencent achieved nearly the same performance as U.S. giants like AWS and Google. This efficiency comes from Chinas focus on innovative model architectures and optimizing AI systems, even outperforming U.S. open-source models. Chinas AI capital expenditure is expected to rise, potentially leading to faster

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1:54

Data Center Boom Faces Power Shortfall

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/15

Unprecedented Data Center Boom Faces Challenges: A Power Shortfall LoomsThe U.S. is witnessing an unprecedented surge in data center construction, driven by AI and cloud computing demands. JPMorgans chart shows a massive planned capacity of nearly 80 gigawatts by 2025. However, this expansion faces challenges such as land scarcity, power supply shortages, and permit issues. Analysts project a U.S. power deficit of 44 gigawatts by 2028, potentially impacting AI-focused stocks and future data center

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1:54

On Holding, Eli Lilly, Cisco: Big Movers in Stock Market

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/15

Stocks surge: On Holding, Eli Lilly, and Cisco Systems lead the pack; Oracle and Meta face earnings overstatement predictions.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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1:39

Trump's Tariff Exemptions: A 'TACO' Moment?

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/15

Trumps Tariff Exemptions: A TACO Moment or a Strategic Shift? - President Trump exempts certain agricultural imports from tariffs, potentially reducing prices for American consumers. However, the impact on affordability remains debated, with some experts suggesting it might not significantly improve overall prices.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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1:46

Prediction Markets Boom in US

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/15

Prediction markets, a blend of prediction and market dynamics, are gaining traction in the U.S. These platforms allow users to trade on future events outcomes, like elections or sports games. Major players include Kalshi, Polymarket, and Crypto.com. Kalshi, in particular, has seen a massive surge in activity, with a trading volume of $7.3 billion in just eight weeks. However, regulatory risks remain high, with pending legal cases in states like New Jersey and Maryland, potentially leading to a

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1:30

Fifty-Year Mortgages: Game Changer or Debt Trap?

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/15

The White House proposes a fifty-year mortgage to tackle housing affordability, but critics argue it wont solve underlying issues. Experts suggest direct government investment in modern construction methods as a more effective solution.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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1:37

Chancellor's Tax U-Turn: OBR's Favorable Forecast

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/15

Chancellors U-turn: Improved Financial Forecast Spares Britain from Income Tax HikeThe Chancellors initial warning of financial hardship and potential income tax increase was abruptly reversed due to a more favorable public finance deficit estimate from the Office for Budget Responsibility (OBR). The OBRs adjusted forecast and ten-day borrowing cost calculation provided the Chancellor with additional funds, reducing the need for a tax hike. However, the sudden policy change has sparked controversy

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1:38

Buffett's Berkshire Invests $4.3B in Alphabet

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/15

Berkshire Hathaway, led by Warren Buffett, made a surprising move by investing $4.3 billion in Alphabet, Googles parent company. This shift marks a departure from Buffetts usual preference for non-tech industries. The investment comes as Buffett prepares to step down as CEO, with Greg Abel set to take over. Despite market challenges, Buffett remains optimistic about Berkshires future.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more

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2:28

AI Boom Threatens Power Grid, Ratepayers

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/15

Utilities across the country predict a massive surge in electricity demand, driven by new data centers for AI, raising concerns about realistic projections and potential costs for consumers. Financial analysts warn of an AI investment bubble, while consumer advocates find ratepayers already paying for under-construction or planned data centers. Lack of standard process for utilities to vet large projects and developers submitting requests without solid plans inflate energy forecasts. Texas lawmakers

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1:32

Apple Fined $634M for Masimo's Blood-Oxygen Tech

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/15

In a significant legal victory, Masimo wins $634 million from Apple for patent infringement. The jury found Apples smartwatches, including workout mode and heart rate notifications, violated Masimos blood-oxygen reading technology patent. Apple plans to appeal, amidst ongoing legal battles and import bans.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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1:46

Hochul, Mamdani Discuss NY Budget, Federal Threats

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/15

New York Governor Kathy Hochul and Mayor-elect Zohran Mamdani are considering raising corporate taxes to address a potential budget gap, with the state facing a $34.3 billion deficit through its fiscal year 2029. Mamdani advocates for increasing the top corporate tax rate, while Hochul weighs the option amidst potential federal funding cuts. The states financial stability hinges on federal actions, with both leaders discussing potential threats, including federal intervention in New York City.The

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