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Consumer confidence slumped with biggest monthly drop in nearly 4 years

“Barron's Roundtable” panelists Jacob Sonenshine, Andrew Bary and Teresa Rivas will analyze three topics investors should know this week. U.S. consumer confidence plummeted sharply in February than expected, according to a report released Tuesday. The conference committee released its consumer confidence index on Tuesday, falling to 98.3 in February. This is the lowest level since […]

Fed’s preferred inflation gauge posts largest monthly gain since April

The US inflation rate has increased in eight months in December in December, suggesting that the federal preparation system is probably not in a hurry to resume reducing interest rates. Other data on Friday indicated that labor costs rose in the fourth quarter due to rising wages. In the fourth quarter, price pressure rose, and […]

Netflix Hiking Subscription Prices Again, Monthly Fees Soaring More than 15 Percent

Netflix subscription prices are rising faster than inflation, with entertainment streamers raising prices across the board, with some prices increasing by more than 15%. Even the ad-supported tiers are expensive, with Netflix charging subscribers more for the pleasure of watching commercials. Netflix announced Tuesday that it will increase prices on all subscription levels starting with […]

Australian Dollar remains subdued despite a stronger monthly inflation – FXStreet

The Australian dollar weakened as Australia's trimming average fell from 3.5% to 3.2% annually. Australia's monthly consumer price index rose 2.3% year-on-year in November, the highest level since August. The dollar rose on Tuesday as the yield on the 10-year U.S. Treasury rose more than 1%. The Australian dollar (AUD) remains weak against the US […]

Inflation Heated Up In October, Highest Monthly Rate Since April

US inflation continued to push prices up in October, marking the highest monthly rate of increase since April. The Consumer Price Index rose 0.2% in October, in line with the previous month, the Labor Department said Wednesday. The unrounded price rose 0.244%, marking the first time since April that the unrounded figure has exceeded 2%. […]

Netflix notches 70 million monthly active users on ad-supported plan

Claman Countdown panelists Jason Bazinet and Alicia Reese break down the revenue numbers. Netflix's ad-supported plans have reached a new level of monthly active users. According to Netflix, the streaming giant's ad-supported plans in more than a dozen countries around the world have reached a whopping 70 million MAUs. The company announced new MAU numbers […]