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Bloomberg
Financial

Trump Doubles Down on Push for Lower Rates After Strong Jobs Report

Liz Pancotti, vice president of policy, advocacy and research at progressive advocacy group Groundwork Collaborative, said that if Trump wants lower interest rates, he should stop his war in Iran and reverse his tariffs, which will bring prices down. Pancotti said that high costs are showing up even in the push to onshore manufacturing and build data centers, as materials like lumber or aluminum are subject to tariffs.

Leia mais: Trump Doubles Down on Push for Lower Rates After Strong Jobs Report
Bloomberg
Financial

Cost Is Big Student Consideration: SUNY Purchase Pres.

'Value Proposition' of Degree Is Challenge for Higher Ed: SUNY Purchase President Description: The costs of a four-year college degree continue to rise, with an average of about $60K for private and $26k for public university. As student loan defaults topped 9 million in June, parents and students are looking at every option to make college more affordable. Bloomberg's Scarlet Fu went to the campus of SUNY Purchase in New York's Westchester County to speak with the University's President Michael Steiper to see how affordability concerns are impacting campus.

Leia mais: Cost Is Big Student Consideration: SUNY Purchase Pres.
Bloomberg
Financial

How Americans Are Handling the Cost of College

The costs of a four-year college degree continue to rise, with an average of about $60K for private and $26k for public university. As student loan defaults topped 9 million in June, parents and students are looking at every option to make college more affordable. Bloomberg's Scarlet Fu went to the campus of SUNY Purchase in New York's Westchester County to speak with students, parents and the University's President to see how they are thinking about money.

Leia mais: How Americans Are Handling the Cost of College
Bloomberg
Financial

How AI Is Eroding the First Rung of the Tech Job Ladder

The US information sector shed roughly 23,000 jobs in August, offering another potential signal of how AI is reshaping the labor market. Northeastern University Professor Alicia Modestino discusses why tech may be the "canary in the coal mine," with her research showing a decline in junior versus senior software developer vacancies since ChatGPT's release. She also discusses why employers are demanding more experience, judgment and human-centric skills from entry-level workers. She joins Bloomberg's Lisa Mateo on "Bloomberg Tech."

Leia mais: How AI Is Eroding the First Rung of the Tech Job Ladder
Bloomberg
Financial

Anthropic's $15 Billion Credit Line Sets Stage for IPO

Anthropic's anticipated IPO could kick off a busy fall for tech listings after SpaceX dominated the market this summer. Rainmaker Securities co-founder and Managing Director Greg Martin discusses why Anthropic's planned $15 billion revolving credit facility strengthens its position ahead of a potential offering. He also shares how its rapid growth could support a valuation above SpaceX's at IPO and why a successful debut could "open the floodgates" for companies including Oura, neoclouds and other long-awaited tech listings. He joins Bloomberg's Lisa Mateo on "Bloomberg Tech."

Leia mais: Anthropic's $15 Billion Credit Line Sets Stage for IPO