This chapter discusses how the Twin Cities in Minnesota has successfully addressed the issue of inflation by aggressively building housing. By increasing the supply of housing, particularly affordable housing, the cost of living has gone down and annual inflation has fallen below the Federal Reserve's target of 2%. The chapter highlights the region-wide effort called the Attaska Project and the impact it has had on housing affordability.
Bloomberg News Technology Reporter Matt Day and Bloomberg Businessweek Technology Editor Joshua Brustein talk about Amazon in talks to join other tech companies as an anchor investor in Arm Ltd.’s initial public offering. Bloomberg News Real Economy Team Reporter Mark Niquette shares the details of his story First US City to Tame Inflation Owes Its Success to Housing Boom. Bloomberg Intelligence Technology and Media Analyst Geetha Ranganathan discusses Disney raising the prices of its streaming services, including a 27% increase for the advertising-free version of the flagship Disney+. And we Drive to the Close with Paul Christopher, Head of Global Investment Strategy at Wells Fargo Investment Institute.
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