Tag: programming

Netflix and Amazon are doubling down on live events and sports to prevent customer churn and maintain growth. Live sports attract large viewership and have built-in fan bases, making them less likely to be canceled. Experts predict the trend of streaming sports will continue to grow, with 90 million US viewers expected to stream a sports event monthly by 2025.

Published on: February 18, 2025, 02:02 PM UTC

Former NBA player Evan Turner shares his biggest financial mistake and how he bounced back after retiring from the league.

Published on: February 18, 2025, 02:02 PM UTC

Goldman Sachs raises its year-end gold price target to $3,100 an ounce, citing "structurally higher" central bank demand and a slight boost from ETF holdings.

Published on: February 18, 2025, 02:01 PM UTC

Elon Musk's xAI launches Grok-3 chatbot to compete in AI race, offering open-source commitment and advanced search engine.

Published on: February 18, 2025, 02:00 PM UTC

President Trump's promise to curb inflation becomes more difficult after the hotter-than-expected Consumer Price Index (CPI) for January. The report pressured stocks and raised bond yields, as investors perceived a lower probability of interest rate cuts. Economist Nouriel Roubini warns that even keeping interest rates on hold could lead to conflict between Trump and the Federal Reserve. Despite Trump's repeated calls for lower rates, Federal Reserve Chair Jerome Powell has signaled a cautious approach to rate cuts. Experts express concern that Trump's proposed policies, including tariffs, could exacerbate inflationary pressures and harm economic growth.

Published on: February 18, 2025, 01:03 PM UTC

Stocks near record highs as investors digest Fed speakers' inflation stance, await minutes; earnings season heats up.

Published on: February 18, 2025, 01:01 PM UTC

BOE Gov Bailey Calls for Less Bond Market Volatility, Points to US Tariffs for Uncertainty

Published on: February 18, 2025, 12:04 PM UTC

Rising debt levels, especially in car loans and credit cards, are causing financial stress for many Americans year-round, not just during the holiday season. Serious delinquency rates are at 14-year highs, and credit counselors are seeing more people struggling with unaffordable car payments and relying on credit cards for basic living expenses. Experts warn that the strain could get worse due to high credit card interest rates and uncertainty over future inflation. It's crucial to seek help from nonprofit credit counselors early on to avoid more severe financial difficulties.

Published on: February 18, 2025, 12:03 PM UTC

Low-cost airlines face an uncertain future as rising costs and passenger preferences shift. Spirit Airlines rejects acquisition proposal from Frontier, while industry prospects dim due to competition and expenses.

Published on: February 18, 2025, 12:02 PM UTC

President Trump's hopes for inflation relief hit a snag with a hotter-than-expected CPI report, putting pressure on stocks and challenging the Fed's rate-cut plans. Experts warn of potential conflicts with the Fed and the risk of a market correction if "bad policies" are pursued.

Published on: February 18, 2025, 11:03 AM UTC