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Welcome to The Hill's Business & Economics Newsletter
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business and economy
business and economy
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State Farm cancels Super Bowl ads due to California wildfires
Insurance giant State Farm has canceled a Super Bowl ad that was scheduled to air during the big game in February. Part of the reason is the wildfires raging in California.
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Kevin O'Leary says he will give TikTok $20 billion in cash
Investor Kevin O'Leary, widely known as the star of “Shark Tank,” told TikTok's owner he would give him $200 in cash to buy the platform during an appearance on Fox News' “America's Newsroom” on Friday. He said he would provide $1 billion.
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Mayors across the country warn of worsening housing shortage
Decades of “inadequate” investment and rising home prices during the COVID-19 pandemic have made housing unaffordable for most Americans, according to a study. Mayors across the country are warning of worsening housing shortages.
president-elect trump is expected to sign a raft of presidential order, This includes possible tariffs on Canada, Mexico and China after being sworn in at noon ET on Monday.
In other news
Let's expand on the day's story.
What will happen to TikTok in Apple and Google's app stores on Sunday?
As President-elect Trump raises uncertainty about whether the TikTok ban will go into effect,…
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What you need to know
Business and economics news from other news outlets:
Democrats push for inauguration oversight as Trump committee intervenes cash (CNBC)
Prepare for Instagram and YouTube advantage From TikTok ban (new york times)
Trump AG clearly chooses Bondi 3 million dollars Actually, social stock (bloomberg law)
What other people are reading
Current top articles on The Hill:
Supreme Court upholds TikTok ban
The Supreme Court on Friday unanimously upheld a law requiring TikTok's China-based parent company to exit the app, further tightening the ban that is scheduled to take effect Sunday. read more
Protests during Trump's inauguration highlight changes in resistance
Protesters are set to gather in Washington, D.C., on Saturday ahead of President-elect Donald Trump's inauguration, an event that highlights how the resistance has changed in the eight years since Trump first took office. I will do it. read more
what people are thinking
Opinions submitted to The Hill on business and economic issues:
Fixing the missing “N” in “NPR”: Public media must serve the entire American public.
President Trump's tariff plans may be hurting his 'animal spirit' investors
Everyone is being pushed too hard. See you next week!
