Bloomberg
US · 1 hrs ago
Meta Settles Landmark Teen Social Media Case | Balance of Power: Late Edition 08/26/2026
"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Mark Zandi, Chief Economist at Moody’s Analytics, says Nvidia is a “juggernaut” and that AI accounts for at least a quarter of economic growth. Zandi thinks AI is already supporting the demand side of the economy and adding modestly to inflation, but clear productivity gains have not yet appeared. Governor Spencer Cox (R-UT) says Meta’s settlement amount should have been much higher,…
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