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Nippon & U.S. Steel Deal Closes, Fed Holds Steady, and YouTube Wins Over Older Viewers

Prof G Markets

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Interest Rates, Inflation, and Streaming Shifts

This chapter analyzes the Federal Reserve's decision to maintain interest rates amid rising inflation concerns and discusses the impact on economic forecasts. It also highlights the significant shift in American viewing habits towards streaming services, especially among older demographics, and contrasts the growth of platforms like YouTube with traditional cable. Additionally, it examines the evolving landscape of the entertainment industry, including the competition between major players like Netflix, YouTube, and TikTok.

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