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Idea Generation: Ghazi Shami Music business pioneer Ghazi Shami takes us on a journey from his youth falling in love with the buzzing Bay Area music scene, to taking a tech job in Silicon Valley, to combining those worlds as an engineer who founded Empire, a wildly successful music distribution company. In this episode, we hear how Ghazi opened his own recording studio at the age of 18, bringing fresh ideas to an industry he would eventually shake to its core by distributing the debut album of Kendrick Lamar.
Subscriber OnlyMarketsEconomicsU.S. New-Home Sales Fall by More Than Forecast as Prices SurgeMedian home price jumps from pandemic low by most since 1988Number of homes sold, not yet started is highest since 2006U.S. New-Home Sales Slip as Prices Surge HigherByOlivia Rockeman+FollowMay 25, 2021, 2:03 PM UTCUpdated onMay 25, 2021, 2:32 PM UTCSign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Sales of new U.S. homes declined in April by more than forecast as higher prices limited demand, while construction backlogs continued to build.