Disney shares fell by 7 percent yesterday after the firm disclosed an abrupt decrease in the number of new members to its streaming service Disney+ on Wednesday. Following the addition of twelve, nine, and twenty one million subscribers in the previous three quarters, analysts predicted that the Dory avatar profiles would continue to pour in for … Read more

Inflation claimed it only needed a place to rest while it regained its footing, but it has now officially relocated to the area. Consumer prices soared higher than predicted this month, rising 6.2 percent on an annual basis, marking the largest increase in over 3 decades, according to data released yesterday by the Labor Department. … Read more

On Sunday, a tragedy occurred at a music festival and now more than a dozen lawsuits have been filed against event organiser Live Nation Entertainment and musician Travis Scott. Over 300 people were treated for injuries, with 13 of them still hospitalised as of yesterday. Eight persons between the ages of 14 and 27 perished, while over … Read more

Elon Musk recommended selling $21 billion worth of his Tesla Stock, on Saturday. Rather of speaking with experts or lawyers, he went the Elon Musk route and created a poll on Twitter, asking his followers to vote. “I will abide by the outcome of this poll,” he declared. After 3.5 million votes, 58 percent of voters … Read more

We know we shouldn’t say it, but yesterday morning offered a double dose of goodness that rendered coffee obsolete. First, there’s the employment report. The US outperformed predictions in October, adding 531,000 jobs while the rate of unemployment fell from 4.8 percent to 4.6 percent. Jobs were added in a variety of areas, with the hotel and … Read more

Viral videos can lead to many things – overnight stardom for creators, extreme popularity for products and attention to issues which may otherwise be neglected. Similarly, a video by CNN has brought peoples attention to  the issue of rising milk and other food prices. In the video a family complaints about the current price of milk ($2.96 per gallon) … Read more

The Federal Reserve said later in November that it will begin lowering its asset purchases by $15 billion per month, marking a critical milestone in the US’ recovery from the economic crisis due to the Covid-19 pandemic. Investors expect the Federal Reserve to begin raising interest rates, which are now around zero, when the programme expires next … Read more

At the climate conference – COP26, international leaders warned that failing to address climate change might result in not only more hurricanes than we can count, but also the collapse of countries. The host of the talks, Boris Johnson, the Prime Minister of United Kingdom, stated in a speech that if leaders do not address the … Read more

The FDA approved Pfizer-vaccination BioNTech’s for children aged 5 to 11 on Friday. The CDC is anticipated to issue final approval in the coming days, and the vaccines might be available as early as next week. The safety data: Pfizer’s vaccine was shown to be safe and 90.7 percent effective at preventing symptomatic illness in … Read more

According to the Labor Department, wages and salaries increased by the most in at least 2 decades last quarter. In the third quarter, pay increased by 1.5 percent, while benefits increased by 0.9 percent, both significantly faster than in the previous quarter. What this means is that businesses are giving bigger payments to entice workers in … Read more