Price changes seem to be the only constant for streaming services in 2022. Four major streamers have already raised prices on monthly subscriptions so far this year, and Disney+ is Read more
Tag: Markets
‘Extraordinarily low’ U.S. diesel supplies keep prices for the fuel high at the pump
Gasoline prices have started to hit the brakes, but it has been full steam ahead for diesel, with U.S. supplies of the fuel used in freight transportation and agriculture dropping Read more
Vonage to pay $100 million to settle FTC allegations of thwarting cancellations, ‘junk fees’
Internet-based telecom provider Vonage agreed to pay $100 to the Federal Trade Commission to settle charges that it made it unduly difficult for consumers and businesses to cancel their subscriptions Read more
Threat of higher ‘peak’ rate above 5% from Fed in 2023 reverberates across markets
Financial markets on Thursday were absorbing the realization of how high Federal Reserve policy makers are willing to push interest rates, even if the issue of how long borrowing costs Read more
Thanksgiving deals: Walmart, Aldi roll back prices to counter inflation
Here’s something consumers can be thankful for: some major supermarket chains are offering free turkeys or deep Thanksgiving discounts this year as shoppers grapple with record-high inflation. Walmart WMT, +0.26% Read more
Hugo Boss lifts outlook after forecast-beating earnings and sales
Hugo Boss AG on Thursday raised its sales and earnings expectations for the full year as top-line growth fuelled higher profits in the third quarter. The German premium-fashion firm BOSS, Read more
Robinhood’s active users fall, approaching pre-meme-stock-craze numbers
Shares of Robinhood Markets Inc. HOOD, -4.36% rose after hours Wednesday after the stock-trading app reported a narrower-than-expected loss and forecast lower expenses, even as active users turn away from Read more
Now’s the time to buy ‘bombed-out credit markets,’ says DoubleLine’s Jeffrey Gundlach
“We entered this year with no yields anywhere and stocks wildly overvalued versus their own metrics historically,” said Jeffrey Gundlach, CEO of DoubleLine, in an interview with CNBC on Wednesday. Read more
What’s next for markets after Fed’s 4th straight jumbo rate hike
What’s next for markets now that the Federal Reserve has delivered its fourth and possibly final jumbo rate increase of 75 basis points? Well, a lot, actually. A sometimes tumultuous Read more