The Department of Labor confirmed this week what many Americans feel: Inflation is seeds Interest rates are also likely to rise. We look at what that means for venture capital, which was already slowing down. Additionally, President Joe Biden's administration announced a $6.6 billion deal with Taiwan-based semiconductor manufacturer TSMC to build a third production site in Arizona. Let's take a look at his ongoing development of CHIPS and the science method that makes it all possible. But first, Tesla settled a lawsuit over the death of a software engineer who died while driving a Tesla while using the company's semi-autonomous driving software, Autopilot. The lawsuit brought scrutiny to Elon Musk's claims about the software.
Marketplace's Lily Jamali is joined by Collab Capital Managing Director Jewel Burks Solomon to share her perspective on these stories.
Learn more about everything we talked about
“Tesla has reached a settlement with the family of Apple engineer killed in Autopilot crash” (via The Verge)
“Tesla stock has fallen more than 30% this year. When is the time to buy?” From The Motley Fool
“U.S. inflation will remain high due to rising gas and rent prices, likely delaying Fed rate cuts.” (AP)
“Biden Administration Announces $6.6 Billion to Ensure State-of-the-Art Microchips Are Manufactured in the U.S.” From the Associated Press
“$6.6 Billion TSMC Transaction in Arizona, Latest Developments in CHIPS Law” (From “Marketplace Morning Report”)
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