Monthly Archives: July 2022
Analyzing real GDP can set into motion financial and fiscal policies that ultimately affect everyone. Rawpixel/Getty Images Real GDP (gross domestic product) is a measure of all the goods and services produced in a nation adjusted for inflation or deflation, expressed in dollars.Economists prefer real GDP over other calculations because it adjusts for price changes,…
Many stores have deals on patio furniture. Carol Yepes/Getty Images Early in the pandemic, when many Americans were upgrading their homes, stores stocked up on goods. With rising inflation, many of those goods are now sitting in warehouses so stores are offering deals. Look for casual clothing, patio furniture, TVs, and major appliances on deep…
Reed Hastings, CEO of Netflix Hector Vivas/Latin Content/Getty Images Netflix’s losses weren’t as bad as Wall Street expected, but don’t expect a big rally for the stock, BofA said. Netflix will to generate significant ad revenue to adjust to members downgrading to an ad-supported tier. The company was tight-lipped on its earnings call about the…
Republican Sen. Marco Rubio of Florida at a hearing on Capitol Hill on March 10, 2022. Bill Clark/CQ-Roll Call via Getty Images GOP Sen. Marco Rubio told Insider he wouldn’t vote for a bill to codify same-sex marriage into law. “I know plenty of gay people in Florida that are pissed off about gas prices,”…
Firefighters try to extinguish a wildfire next to the village of Tabara, near Zamora, northern Spain, on Monday. Photo by MIGUEL RIOPA/AFP via Getty Images President Joe Biden will stop short of declaring a national climate emergency on Wednesday. The White House is still considering the declaration after climate legislation stalled in Congress. An emergency…
Arizona Republican State Sens. Kelly Townsend (left) and Wendy Rogers (right). Kelly Townsend/Courtesy and Thomas McKinless/CQ Roll Call via Getty Images Kelly Townsend and Wendy Rogers, two far-right Arizona state senators, are facing off in a GOP primary. Rogers has been endorsed by Trump and has ties to white nationalists known as “Groypers”. Townsend says…
CTV programmatic ad spending (2019-2023) eMarketer As video ad spending continues to expand, its share of total programmatic ad dollars will grow. This year, video will account for more than half of all programmatic display ad spending for the first time. In 2023, the amount of money US advertisers spend on digital video programmatically will…
Tesla and SpaceX CEO Elon Musk. Patrick Pleul/picture alliance via Getty Images Elon Musk was spotted relaxing aboard a superyacht in Mykonos, Greece. The 24-meter luxury vessel, named Zeus, can be chartered for over $7,000 a day. Musk is famously anti-vacation, but he seemed to make an exception for a day lounging on the yacht….
Shoppers walk through the Westfield San Francisco Centre on April 13, 2022 in San Francisco, California. Justin Sullivan/Getty Images UBS’s recession probability model shows the US economy slowing the fastest in 60 years. Still, “it’s not at all clear” the country is heading toward a recession, the bank’s economists said. The team views a recession…