Afternoon Alexa Flash Briefings of September 11 2024

Transcript

00:00These are your top headlines from Cheddar News.

00:07Just 54 days until the presidential election, the race has taken another unexpected turn.

00:13At Tuesday's first and possibly only debate between former President Trump and Vice President

00:18Kamala Harris, Trump repeated a false conspiracy theory that recently spread on Facebook that

00:24immigrants are, quote, eating the pets of the people that live there.

00:29The candidates did spar on several issues, but that moment really crystallized the debate.

00:34Harris, for her part, welcomed another debate, while Trump remains uncommitted.

00:40Inflation cooled in August to a new three-year low, teeing up the Federal Reserve to begin

00:45gradually reducing interest rates at their next meeting next week.

00:49According to the Labor Department, the consumer price index climbed 2.5 percent from a year

00:55earlier.

00:56That's down from 2.9 percent in July.

00:59Core inflation, a measure that excludes volatile food and energy costs, held steady at 3.2

01:05percent.

01:06Companies and investors will closely scrutinize the Fed's meeting next week, both for the

01:10size of the rate cut and for Chair Jerome Powell's view about the economy's health.

01:16Look at what you made her do.

01:19Pop superstar Taylor Swift endorsed Vice President Kamala Harris for the 2024 presidential election

01:25on Instagram shortly after.

01:28Harris debated former President Donald Trump.

01:30Swift praised Harris for championing causes she supports and encouraged her 283 million

01:36followers to vote.

01:38Known for her influence, especially among young voters, Swift's endorsement is seen

01:44as a significant boost for Harris' campaign.

01:47Swift also addressed concerns about AI misinformation, emphasizing the importance of transparency

01:53in the election.

01:55After 155 years, Campbell's Soup Company is rebranding, dropping the soup.

02:03They'll now be known as the Campbell's Company to reflect its expanded focus on snacks.

02:09While soup remains a part of its business, Campbell's snacks have recently grown significantly.

02:14The company now owns popular brands like Goldfish, Snyder's of Hanover and Pepperidge Farm, as

02:20well as Rao's Sauces.

02:22The stock fell after the announcement, presumably not related to the name change.

02:28Paramount Global is teaming up with ShopSense AI to introduce live shopping at the 2024

02:34MTV VMAs, letting viewers purchase red carpet outfits in real time.

02:40ShopSense's new AI-powered lens allows users to snap photos of on-screen looks and receive

02:47product recommendations.

02:48The partnership aims to enhance the viewing experience and create new revenue streams

02:53for media companies by integrating seamless, AI-driven shopping into live events.

03:00And that's your channel news update.

03:01I'm Dave Briggs in New York.