Business Rundown: A $100B Investment, Trump Signals America Is Open For Business
Update: 2024-12-16
Description
At Mar-a-Lago, President-elect Trump has revealed Japanese multinational investment firm Softbank Group plans to invest $100 billion into U.S. projects in the next four years. The move is set to bring 100,000 jobs to the country, a major economic win for the incoming administration.
Meanwhile, the country is seeing improved consumer sentiment, a rapid rise in Bitcoin, and Fed Chair Powell is soon to make his final 2024 rate cut decision.
Co-anchor of ‘The Big Money Show’ Brian Brenberg speaks with Annex Wealth Management Chief Economist Brian Jacobsen about why the multi-billion-dollar investment is a sign of the times for the US economy in 2025.
Photo Credit: AP
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