The First Slice for Monday, May 23, 2022
If there’s more bad news from retailers in the coming week, that could be a negative catalyst for an already cranky stock market. Market pros are watching for more signs…
Rents in the US just hit another record high — CNN
Rents in the US climbed to a new record high again in April, and they are expected to keep rising. The national median rent was $1,827 a month in April,…
A bear market is hitting Wall Street. Here’s what that means — AP News
Investors on Wall Street need a place to hide. The stock market’s skid this year has pulled the S&P 500 within the grasp of what’s known as a bear market.…
Goodbye, American soft power: McDonald’s exiting Russia after 32 years is the end of an era — CNBC
It was 4 a.m. and a trickle of Russians had already begun lining up outside the building in the freezing winter cold, hours before opening time. When the doors opened,…
Coke’s new bottle cap doesn’t come off — CNN
Coke knows that its soda caps often end up as litter. So it’s trying to solve the problem by tethering them to the bottle, at least in the United Kingdom. Earlier this week,…
U.S. Consumer Spending On Gasoline Has Doubled In 12 Months — OilPrice
The average U.S. household’s gasoline expenditure has jumped to $5,000 a year over the past 12 months, from $2,800 this time last year, according to new research. And there does…
Hyundai to invest $5.5 billion to build EVs and batteries in Georgia — CNBC
Hyundai Motor on Friday confirmed plans to spend $5.54 billion to build its first dedicated electric vehicle and battery manufacturing facilities in the U.S. The plants will be located outside of…
The Slice of Bread for Monday, May 23, 2022
Apple reportedly showed its mixed reality headset to add a new product to its network. How successful will Apple’s mixed reality headset be compared to Meta’s? How much does the…
The First Slice for Friday, May 20, 2022
U.S. stocks gave up earlier gains to end lower Thursday, following the worst slide in nearly two years for the S&P 500 index in the previous session, leaving it down…
Paramount CFO Says Company Won’t Repeat ‘Yellowstone’ Mistake — The Streamable
One of the ways that media companies can get instant value out of their recently launched streaming services is by bringing their legacy content from broadcast, cable, and cinemas to…